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Industrials - Marine Shipping - NYSE - MC
$ 3.225
-2.42 %
$ 339 M
Market Cap
3.88
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one SB stock under the worst case scenario is HIDDEN Compared to the current market price of 3.23 USD, Safe Bulkers, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one SB stock under the base case scenario is HIDDEN Compared to the current market price of 3.23 USD, Safe Bulkers, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one SB stock under the best case scenario is HIDDEN Compared to the current market price of 3.23 USD, Safe Bulkers, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
308 M REVENUE
8.17%
128 M OPERATING INCOME
23.31%
97.4 M NET INCOME
25.89%
130 M OPERATING CASH FLOW
6.75%
-71.7 M INVESTING CASH FLOW
52.72%
-25.9 M FINANCING CASH FLOW
-88.73%
71.5 M REVENUE
-5.84%
24.6 M OPERATING INCOME
-28.36%
19.4 M NET INCOME
0.00%
130 M OPERATING CASH FLOW
525533.06%
-71.7 M INVESTING CASH FLOW
-995894.44%
-25.8 M FINANCING CASH FLOW
-186794.93%
Balance Sheet Safe Bulkers, Inc.
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Current Assets 165 M
Cash & Short-Term Investments 125 M
Receivables 15.1 M
Other Current Assets 24.9 M
Non-Current Assets 1.24 B
Long-Term Investments 0
PP&E 1.23 B
Other Non-Current Assets 8.18 M
Current Liabilities 86.5 M
Accounts Payable 9.9 M
Short-Term Debt 58.2 M
Other Current Liabilities 18.4 M
Non-Current Liabilities 485 M
Long-Term Debt 478 M
Other Non-Current Liabilities 6.56 M
EFFICIENCY
Earnings Waterfall Safe Bulkers, Inc.
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Revenue 308 M
Cost Of Revenue 167 M
Gross Profit 140 M
Operating Expenses 11.7 M
Operating Income 128 M
Other Expenses 31.1 M
Net Income 97.4 M
RATIOS
45.56% GROSS MARGIN
45.56%
41.75% OPERATING MARGIN
41.75%
31.65% NET MARGIN
31.65%
11.71% ROE
11.71%
6.94% ROA
6.94%
9.34% ROIC
9.34%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Safe Bulkers, Inc.
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Net Income 97.4 M
Depreciation & Amortization 58.1 M
Capital Expenditures -145 M
Stock-Based Compensation 150 K
Change in Working Capital -9.98 M
Others -19.3 M
Free Cash Flow -14.3 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Safe Bulkers, Inc.
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Wall Street analysts predict an average 1-year price target for SB of $4.2 , with forecasts ranging from a low of $4.2 to a high of $4.2 .
SB Lowest Price Target Wall Street Target
4.2 USD 30.23%
SB Average Price Target Wall Street Target
4.2 USD 30.23%
SB Highest Price Target Wall Street Target
4.2 USD 30.23%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.05 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Safe Bulkers, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Safe Bulkers, Inc. Chairman & CEO and President of the Republic of Cyprus to Ring NYSE Closing Bell on Friday, April 4, 2025 MONACO, April 04, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine dry-bulk transportation services, announced today that it will host a special ceremony at the New York Stock Exchange honoring and promoting the Republic of Cyprus as worldwide business destination. globenewswire.com - 3 weeks ago
Safe Bulkers, Inc. Declares Quarterly Dividend on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares MONACO, April 02, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: globenewswire.com - 3 weeks ago
Safe Bulkers Announces Participation in Capital Link's Investor Conference in New York on Monday, March 31, 2025 MONACO, March 19, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (“Safe Bulkers”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today it will participate in the 19th Annual Capital Link International Shipping Forum on Monday, March 31, 2025, at the Metropolitan Club in New York City. During the forum, Safe Bulkers will be available for one-on-one meetings with institutional investors. globenewswire.com - 1 month ago
3rd Capital Link “Business in Cyprus Forum”: A Premier Gathering for Industry Leaders Cyprus President & Ministers Address International Investors - April 4, 2025, New York City Cyprus President & Ministers Address International Investors - April 4, 2025, New York City globenewswire.com - 1 month ago
Safe Bulkers Announces Filing of 2024 Annual Report on Form 20-F MONACO, March 10, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (“Safe Bulkers”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has filed its 2024 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission (the “SEC”). globenewswire.com - 1 month ago
Safe Bulkers, Inc. Announces a Three Million Shares of Common Stock Repurchase Program MONACO, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company” or “Safe Bulkers”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has authorized a program under which it may from time to time in the future purchase up to 3,000,000 shares of the Company's common stock. If the maximum number of shares of the Company's common stock are purchased pursuant to the aforementioned program, it would represent approximately 2.8% of the shares of the Company's common stock outstanding and 5.4% of its public float. The program supersedes any prior repurchase program of the Company. globenewswire.com - 2 months ago
Safe Bulkers, Inc. (SB) Q4 2024 Earnings Call Transcript Safe Bulkers, Inc. (NYSE:SB ) Q4 2024 Earnings Conference Call February 19, 2025 9:00 AM ET Company Participants Loukas Barmparis - President, Secretary, Director Konstantinos Adamopoulos - CFO & Director Polys Hajioannou - Chairman & CEO Conference Call Participants Omar Nokta - Jefferies Operator Thank you for standing by, ladies and gentlemen, and welcome to the Safe Bulkers conference call and Fourth Quarter 2024 Financial Results. We have with us Mr. seekingalpha.com - 2 months ago
Safe Bulkers, Inc. Reports Fourth Quarter and Twelve Months 2024 Results and Declares Dividend on Common Stock MONACO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and twelve month periods ended December 31, 2024. The Board of Directors of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. globenewswire.com - 2 months ago
Safe Bulkers, Inc. Sets Date for the Fourth Quarter 2024 Results, Conference Call, and Webcast Earnings Release: Tuesday, February 18, 2025, After Market Closes Conference Call and Webcast: Wednesday, February 19, 2025, at 9:00 A.M. Eastern Time MONACO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the fourth quarter ended December 31, 2024, after the market closes in New York on Tuesday, February 18, 2025. globenewswire.com - 2 months ago
Safe Bulkers, Inc. Declares Quarterly Dividend on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares MONACO, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: globenewswire.com - 3 months ago
Safe Bulkers: Safe Route To Financial Stability Despite Headwinds Safe Bulkers' Q3/9M results show impressive growth in net operating revenue and operating margin, driven by increased and newer vessels and improved operating efficiency. SB's capitalization on more efficient fleets may allow it to remain profitable despite headwinds. The Company's liquidity is robust, with stable debt levels and strong cash reserves, enabling fleet modernization, debt coverage, and sustained dividend payouts. seekingalpha.com - 3 months ago
Safe Bulkers: Maintaining Buy Rating On This Quality Shipper Safe Bulkers, with a $380 million market cap, owns a young fleet of 46 vessels, emphasizing fleet modernization and environmental compliance. Q3 revenues rose 17% YoY to $76 million, with EPS of $0.16 and strong liquidity over $300 million. Trading at a 4.38x EV/EBITDA multiple, Safe Bulkers appears undervalued compared to peers, with consistent double-digit revenue growth. seekingalpha.com - 4 months ago
8. Profile Summary

Safe Bulkers, Inc. SB

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COUNTRY MC
INDUSTRY Marine Shipping
MARKET CAP $ 339 M
Dividend Yield 0.00%
Description Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons. Its fleet consisted of 12 Panamax class vessels, 7 Kamsarmax class vessels, 15 post- Panamax class vessels, and 6 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.
Contact Les Acanthes, Monaco, 98000 https://www.safebulkers.com
IPO Date May 30, 2008
Employees 941
Officers Dr. Loukas Barmparis President, Secretary & Director Mr. Konstantinos Adamopoulos Chief Financial Officer, Treasurer & Director Mr. Ioannis Foteinos Chief Operating Officer & Director Mr. Polys Hajioannou Chairman & Chief Executive Officer