Safe Bulkers (SB) Expected to Post Earnings on Tuesday

Safe Bulkers (NYSE:SBGet Free Report) is anticipated to issue its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect the company to announce earnings of $0.2150 per share and revenue of $77.50 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 10:30 AM ET.

Safe Bulkers (NYSE:SBGet Free Report) last issued its quarterly earnings results on Wednesday, June 17th. The shipping company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.08. The company had revenue of $74.39 million for the quarter, compared to the consensus estimate of $65.50 million. Safe Bulkers had a return on equity of 6.45% and a net margin of 18.73%.

Safe Bulkers Stock Up 1.7%

SB stock opened at $7.67 on Friday. Safe Bulkers has a 52 week low of $3.61 and a 52 week high of $7.79. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.46. The firm has a 50-day simple moving average of $6.76 and a 200-day simple moving average of $6.35. The stock has a market capitalization of $784.85 million, a P/E ratio of 17.06 and a beta of 0.84.

Safe Bulkers Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Tuesday, June 30th were paid a $0.06 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.24 annualized dividend and a yield of 3.1%. This is an increase from Safe Bulkers’s previous quarterly dividend of $0.05. Safe Bulkers’s dividend payout ratio is currently 53.33%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Safe Bulkers from a “buy” rating to a “strong-buy” rating in a research note on Monday, June 29th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $6.00.

Get Our Latest Report on SB

Institutional Investors Weigh In On Safe Bulkers

Several hedge funds and other institutional investors have recently bought and sold shares of SB. Goldman Sachs Group Inc. increased its stake in Safe Bulkers by 30.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,651,114 shares of the shipping company’s stock valued at $12,778,000 after purchasing an additional 617,711 shares during the last quarter. Millennium Management LLC purchased a new stake in shares of Safe Bulkers during the 4th quarter worth approximately $1,571,000. Boothbay Fund Management LLC purchased a new stake in shares of Safe Bulkers during the 3rd quarter worth approximately $629,000. Campbell & CO Investment Adviser LLC acquired a new position in shares of Safe Bulkers in the 4th quarter valued at $564,000. Finally, Segall Bryant & Hamill LLC boosted its holdings in shares of Safe Bulkers by 122.0% in the 4th quarter. Segall Bryant & Hamill LLC now owns 182,624 shares of the shipping company’s stock valued at $880,000 after buying an additional 100,358 shares in the last quarter. 21.69% of the stock is currently owned by institutional investors and hedge funds.

About Safe Bulkers

(Get Free Report)

Safe Bulkers Inc (NYSE: SB) is a dry bulk shipping company engaged in the ocean transport of commodities such as iron ore, coal, grain, and fertilizers. The company operates a modern fleet of vessels, including Panamax, Supramax and Kamsarmax bulk carriers, designed to serve a variety of trade routes and cargo types. Safe Bulkers’ fleet is employed under both time charter and voyage charter arrangements, offering flexibility to respond to market demand and optimize vessel utilization.

Founded in 2008, Safe Bulkers began trading its shares on the New York Stock Exchange in the same year, establishing itself as a publicly listed provider of dry bulk transportation services.

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Earnings History for Safe Bulkers (NYSE:SB)

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