Safe Bulkers, Inc. logo

Safe Bulkers, Inc.

SB

NYSEIndustrialsMarine Shipping

Latest quote

$8.53

+$0.25 · +3.02%

Aug 21, 3:55 PM ET

SB company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

62

Undervalued

Momentum

52

Neutral

Sentiment

49

Mixed

Risk resilience

60

Moderate Risk

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Company profile

Company website

Safe Bulkers, Inc., along with its affiliated entities, specializes in the ocean-going transportation of dry bulk commodities. The company maintains and operates a fleet of dry bulk carriers, primarily utilized for shipping essential bulk cargoes such as coal, grain, and iron ore. As of March 18, 2022, Safe Bulkers possessed 40 dry bulk vessels, which collectively offered a carrying capacity of 3,925,500 deadweight tons and had an average age of 10.4 years. This fleet was comprised of 12 Panamax, 7 Kamsarmax, 15 Post-Panamax, and 6 Capesize class ships. Safe Bulkers, Inc. was established in 2007 and is headquartered in Monaco.

Industry
Marine Shipping
Sector
Industrials
Headquarters
MC
CEO
Polys Hajioannou
Listed since
May 30, 2008
Employees
10

Market position

Volume
1.14M
1.54× average
Average volume
742.72K
Average daily volume
Market cap
868.58M USD
Beta
0.82
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
883.64M USD
P/E (TTM)
10.99×
P/B (TTM)
P/S (TTM)
2.82×
EV / EBITDA
6.68×
Earnings yield
7.76%
Free cash flow yield
12.14%
Dividend yield
2.75%

Profitability & efficiency

Gross margin
44.24%
Operating margin
34.53%
Net margin
28.29%
Return on equity
4.64%
Return on assets
2.75%
Return on invested capital
5.03%

Financial health

Debt / equity
0.59×
Current ratio
2.9×
Altman Z-score
1.4
Piotroski F-score
8 of 9

Earnings

EPS beat rate
45%
5 beats, 5 misses, 1 met estimate
Average EPS surprise
+6.09%
11 comparable reports
Latest EPS result
0.28
Estimate 0.22 · Beat by 30.23%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.320.220.110.01Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MetQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 0.15, estimate 0.14, surprise +7.14%, Beat. Q2 2025, reported May 19, 2025: actual 0.05, estimate 0.03, surprise +66.67%, Beat. Q3 2025, reported Jul 29, 2025: actual 0.01, estimate 0.08, surprise -87.50%, Miss. Q4 2025, reported Nov 25, 2025: actual 0.12, estimate 0.185, surprise -35.14%, Miss. Q1 2026, reported Feb 18, 2026: actual 0.14, estimate 0.14, surprise 0.00%, Met estimate. Q2 2026, reported Jun 17, 2026: actual 0.18, estimate 0.105, surprise +71.43%, Beat. Q3 2026, reported Jul 28, 2026: actual 0.28, estimate 0.215, surprise +30.23%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 0.245, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates90.96M78.78M66.6M54.42MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 71.49M USD, estimate 57.92M USD, surprise +23.43%, Beat. Q2 2025, reported May 19, 2025: actual 64.35M USD, estimate 58.25M USD, surprise +10.47%, Beat. Q3 2025, reported Jul 29, 2025: actual 65.75M USD, estimate 66.64M USD, surprise -1.34%, Miss. Q4 2025, reported Nov 25, 2025: actual 73.08M USD, estimate 73.1M USD, surprise -0.03%, Miss. Q1 2026, reported Feb 18, 2026: actual 75.95M USD, estimate 70M USD, surprise +8.50%, Beat. Q2 2026, reported Jun 17, 2026: actual 74.39M USD, estimate 65.5M USD, surprise +13.57%, Beat. Q3 2026, reported Jul 28, 2026: actual 87.47M USD, estimate 77.5M USD, surprise +12.86%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 79.2M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$4.20

50.76% downside
Past 12 months12-month forecastHigh $4.20Average $4.20Low $4.20

Recent analyst actions

2 institutions
DNB MarketsupgradeHoldBuy

SB news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.20

2025 complete year-9.1% since 2014

2026 partial: $0.185

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 13, 2026

$0.075

Irregular

Record Aug 13, 2026 · Payment Aug 26, 2026

Dividend

Ex-dividend Jun 30, 2026

$0.06

Quarterly

Record Jun 30, 2026 · Payment Jul 16, 2026

Dividend

Ex-dividend Mar 2, 2026

$0.05

Quarterly

Record Mar 2, 2026 · Payment Mar 18, 2026

Dividend

Ex-dividend Dec 8, 2025

$0.05

Quarterly

Record Dec 8, 2025 · Payment Dec 19, 2025

Dividend

Ex-dividend Aug 21, 2025

$0.05

Quarterly

Record Aug 21, 2025 · Payment Sep 5, 2025

Dividend

Ex-dividend Jun 6, 2025

$0.05

Quarterly

Record Jun 6, 2025 · Payment Jun 20, 2025

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