Safe Bulkers Stock Today

SB Stock  USD 3.87  0.03  0.78%   

Performance

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Odds Of Distress

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Safe Bulkers is trading at 3.87 as of the 30th of November 2024, a 0.78 percent increase since the beginning of the trading day. The stock's open price was 3.84. Safe Bulkers has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Safe Bulkers are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Transportation
IPO Date
29th of May 2008
Category
Industrials
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco. Safe Bulkers operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. The company has 106.78 M outstanding shares of which 1.77 M shares are at this time sold short in the market by investors with about 3.19 days to cover all shorted shares. More on Safe Bulkers

Moving together with Safe Stock

  0.8EDRY EuroDryPairCorr

Moving against Safe Stock

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  0.72SB-PD Safe BulkersPairCorr
  0.69SB-PC Safe BulkersPairCorr
  0.45MATX Matson IncPairCorr
  0.36ZIM ZIM Integrated Shipping Sell-off TrendPairCorr

Safe Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanPolys Hajioannou
Thematic IdeaTransportation (View all Themes)
Old NameStratabound Minerals Corp
Business ConcentrationMarine Transportation, Marine Shipping, Industrials, NYSE Composite, Transportation, Industrials, Marine Transportation, Marine Shipping, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.230.2123
Significantly Up
Slightly volatile
Gross Profit Margin0.530.4198
Significantly Up
Pretty Stable
Net Debt459.4 M459 M
Slightly Up
Pretty Stable
Total Current Liabilities72.6 M55.7 M
Significantly Up
Very volatile
Non Current Liabilities Total489.9 M491.6 M
Slightly Down
Pretty Stable
Total Assets1.1 B1.3 B
Significantly Down
Slightly volatile
Total Current Assets108.1 M146.7 M
Way Down
Pretty Stable
Debt Levels
Safe Bulkers can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Safe Bulkers' financial leverage. It provides some insight into what part of Safe Bulkers' total assets is financed by creditors.
Liquidity
Safe Bulkers reports 507.92 M of total liabilities with total debt to equity ratio (D/E) of 0.63, which is normal for its line of buisiness. Safe Bulkers has a current ratio of 1.95, which is generally considered normal. Note however, debt could still be an excellent tool for Safe to invest in growth at high rates of return.

Change To Inventory

(717,150)
Safe Bulkers (SB) is traded on New York Stock Exchange in USA. It is located in Les Acanthes, Monaco, Monaco, 98000 and employs 9 people. Safe Bulkers is listed under Marine Transportation category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a market capitalization of 413.23 M. Safe Bulkers is active under Marine Transportation sector as part of Industrials industry. The entity has 106.78 M outstanding shares of which 1.77 M shares are at this time sold short in the market by investors with about 3.19 days to cover all shorted shares. Safe Bulkers reports about 114.38 M in cash with 122.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.06.
Check Safe Bulkers Probability Of Bankruptcy
Ownership Allocation
Safe Bulkers shows a total of 106.78 Million outstanding shares. Safe Bulkers maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Safe Ownership Details

Safe Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
725.5 K
Two Sigma Advisers, Llc2024-06-30
688.2 K
Jpmorgan Chase & Co2024-06-30
603.1 K
Empowered Funds, Llc2024-06-30
493.6 K
Two Sigma Investments Llc2024-09-30
478.5 K
Acadian Asset Management Llc2024-06-30
438.6 K
Denali Advisors Llc2024-06-30
418.3 K
Northern Trust Corp2024-09-30
397.1 K
Los Angeles Capital Management Llc2024-09-30
328 K
Blackrock Inc2024-06-30
3.6 M
Renaissance Technologies Corp2024-09-30
3.3 M
View Safe Bulkers Diagnostics

Safe Bulkers Historical Income Statement

At present, Safe Bulkers' Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 154.6 M, whereas Depreciation And Amortization is forecasted to decline to about 40.1 M. View More Fundamentals

Safe Stock Against Markets

Safe Bulkers Corporate Directors

Ole WikborgIndependent DirectorProfile
Konstantinos AdamopoulosChief Financial Officer, DirectorProfile
Ioannis FoteinosChief Operating Officer, DirectorProfile
Frank SicaIndependent DirectorProfile
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safe Bulkers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Safe Stock refer to our How to Trade Safe Stock guide.
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Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Safe Bulkers. If investors know Safe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Safe Bulkers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.853
Dividend Share
0.05
Earnings Share
0.9
Revenue Per Share
2.924
Quarterly Revenue Growth
0.174
The market value of Safe Bulkers is measured differently than its book value, which is the value of Safe that is recorded on the company's balance sheet. Investors also form their own opinion of Safe Bulkers' value that differs from its market value or its book value, called intrinsic value, which is Safe Bulkers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Safe Bulkers' market value can be influenced by many factors that don't directly affect Safe Bulkers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Safe Bulkers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Safe Bulkers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safe Bulkers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.