Safe Bulkers (SB) Stock Price, News & Analysis

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safe Bulkers in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SB shares.
View SB analyst ratings or view top-rated stocks.

1 Wall Street research analysts have issued twelve-month price objectives for Safe Bulkers' stock. Their SB share price targets range from $6.00 to $6.00. On average, they expect the company's stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 24.7% from the stock's current price.
View analysts price targets for SB or view top-rated stocks among Wall Street analysts.

Safe Bulkers' stock was trading at $3.93 at the beginning of 2024. Since then, SB stock has increased by 22.4% and is now trading at $4.81.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our SB earnings forecast.

Safe Bulkers, Inc. (NYSE:SB) issued its quarterly earnings data on Tuesday, February, 13th. The shipping company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.10. The shipping company had revenue of $82.29 million for the quarter, compared to analysts' expectations of $72.70 million. Safe Bulkers had a net margin of 27.20% and a trailing twelve-month return on equity of 9.05%. During the same period in the prior year, the firm posted $0.29 EPS.

Safe Bulkers announced a quarterly dividend on Monday, February 12th. Stockholders of record on Friday, March 1st will be given a dividend of $0.05 per share on Tuesday, March 19th. This represents a $0.20 annualized dividend and a dividend yield of 4.16%. The ex-dividend date is Thursday, February 29th.
Read our dividend analysis for SB.

Safe Bulkers (NYSE:SB) pays an annual dividend of $0.20 per share and currently has a dividend yield of 4.19%. SB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 32.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SB will have a dividend payout ratio of 19.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SB.

SonicShares Global Shipping ETF holds 50,203 shares of SB stock, representing 0.54% of its portfolio.

Based on aggregate information from My MarketBeat watchlists, some companies that other Safe Bulkers investors own include Diana Shipping (DSX), Capital Product Partners (CPLP), AbbVie (ABBV), Advanced Micro Devices (AMD), Micron Technology (MU), Triton International (TRTN), Costamare (CMRE), Freeport-McMoRan (FCX), GasLog (GLOG) and Star Bulk Carriers (SBLK).

Safe Bulkers' stock is owned by many different retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.41%), Denali Advisors LLC (0.09%) and Counterpoint Mutual Funds LLC (0.02%).
View institutional ownership trends.

Shares of SB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.