Safe Bulkers, Inc (SB)

Overview News Price History Option Chain Discussions Forecast Dividend History

Safe Bulkers, Inc stock is currently priced at $4.73, with a 24-hour trading volume of 450.98K. It has seen a +0.42% increased in the last 24 hours and a -4.64% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $4.73 pivot point. If it approaches the $4.77 resistance level, significant changes may occur.

Safe Bulkers, Inc Stock (SB) Financials Data

Safe Bulkers, Inc (SB) Revenue 2023

SB reported a revenue (TTM) of $284.40 million for the quarter ending December 31, 2023, a -18.68% decline year-over-year.

Safe Bulkers, Inc (SB) Net Income 2023

SB net income (TTM) was $77.35 million for the quarter ending December 31, 2023, a -55.17% decrease year-over-year.

Safe Bulkers, Inc (SB) Cash Flow 2023

SB recorded a free cash flow (TTM) of $122.21 million for the quarter ending December 31, 2023, a -43.95% decrease year-over-year.

Safe Bulkers, Inc (SB) Earnings per Share 2023

SB earnings per share (TTM) was $0.62 for the quarter ending December 31, 2023, a -54.74% decline year-over-year.

Safe Bulkers, Inc Stock (SB) Latest News

Safe Bulkers, Inc. provides marine drybulk transportation services worldwide. It is involved in the acquisition, ownership, and operation of drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of February 9, 2018, the company had a fleet of 39 drybulk vessels with an aggregate carrying capacity of 3,513,800 deadweight tons. Its fleet consisted of 14 Panamax class vessels, 9 Kamsarmax class vessels, 13 Post-Panamax class vessels, and 3 Capesize class vessels. Safe Bulkers, Inc. was founded in 2007 and is based in Monaco.

Downgrade	Jefferies: Buy → Hold	Sep-26-22
Initiated	Jefferies: Buy	Jul-21-22
Resumed	Jefferies: Hold	Apr-27-22
Initiated	H.C. Wainwright: Buy	Sep-13-21
Upgrade	Stifel: Hold → Buy	Feb-01-21
Downgrade	Jefferies: Buy → Hold	Jan-29-21
Upgrade	DNB Markets: Hold → Buy	Jul-29-20
Upgrade	Jefferies: Hold → Buy	Nov-09-18
Upgrade	Evercore ISI: In-line → Outperform	Oct-18-18
Reiterated	Maxim Group: Buy	Feb-15-18
Downgrade	Morgan Stanley: Overweight → Equal-Weight	Feb-12-18
Initiated	Maxim Group: Buy	Aug-21-17
Upgrade	Morgan Stanley: Equal-Weight → Overweight	Mar-28-17
Upgrade	DNB Markets: Hold → Buy	Jan-27-17
Initiated	Stifel: Hold	Jan-20-17
Initiated	Seaport Global Securities: Neutral	Aug-02-16
Downgrade	Credit Suisse: Neutral → Underperform	Jul-29-16
Downgrade	Morgan Stanley: Overweight → Equal-Weight	Dec-15-15
Downgrade	Jefferies: Buy → Hold	Oct-23-15
Downgrade	Citigroup: Neutral → Sell	Jun-10-15
Resumed	Clarkson Capital: Buy	Sep-18-14
Initiated	Canaccord Genuity: Buy	Jun-11-14
Initiated	MLV & Co: Buy	May-28-14
Resumed	Global Hunter Securities: Buy	Apr-17-13
Initiated	Global Hunter Securities: Buy	May-22-12
Downgrade	FBR Capital: Outperform → Mkt Perform	Jan-31-11