Skip to main content
    S

    Safe Bulkers Inc (SB)

    Official site

    INDUSTRIALS • MARINE SHIPPING • NYSE

    $8.66
    +0.02 (+0.23%)

    Market Cap: $891.32M

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    62%(24/39)
    Avg Surprise
    +14.14%
    Streak
    4 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.27
    Range$0.25 - $0.28
    2 analysts
    EPS Revisions
    1
    0
    7d
    1
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$0.23+15.2%
    60d ago$0.23+15.2%
    30d ago$0.270.0%
    7d ago$0.270.0%
    Current$0.27
    Revenue Consensus
    $83M
    Range$79M - $86M
    2 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.46
    Range$0.39 - $0.54
    2 analysts
    Revenue Consensus
    $96M
    Range$87M - $106M
    2 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.46---
    Sep 26EST
    		-$0.27---
    Jun 26
    Reported Jul 28
    		$0.28$0.22+27.27%Beat+2700.0%
    Mar 26
    Reported Jun 17
    		$0.18$0.09+100.00%Beat+260.0%
    Dec 25
    Reported Feb 18
    		$0.14$0.14+0.00%Beat-6.7%
    Sep 25
    Reported Nov 25
    		$0.12$0.10+20.00%Beat-25.0%
    Jun 25
    Reported Jul 29
    		$0.01N/A-85.71%Miss-94.1%
    Mar 25
    Reported May 19
    		$0.05$0.03+66.67%Beat-75.0%
    Dec 24
    Reported Feb 18
    		$0.15$0.14+7.14%Beat-34.8%
    Sep 24
    Reported Nov 13
    		$0.16$0.17-5.88%Miss+100.0%
    Jun 24
    Reported Jul 29
    		$0.17$0.19-10.53%Miss+41.7%
    Mar 24
    Reported Apr 29
    		$0.20$0.19+5.26%Beat+100.0%
    Dec 23
    Reported Feb 12
    		$0.23$0.17+35.29%Beat-20.7%
    Sep 23
    Reported Nov 7
    		$0.08$0.09-11.11%Miss-79.5%
    Jun 23
    Reported Jul 26
    		$0.12$0.09+33.33%Beat-70.0%
    Mar 23
    Reported May 10
    		$0.10$0.14-28.57%Miss-58.3%
    Dec 22
    Reported Feb 14
    		$0.29$0.24+20.83%Beat-25.6%
    Sep 22
    Reported Nov 9
    		$0.39$0.28+39.29%Beat-2.5%
    Jun 22
    Reported Jul 27
    		$0.40$0.31+29.03%Beat+29.0%
    Mar 22
    Reported May 25
    		$0.24$0.28-14.29%Miss+71.4%
    Dec 21
    Reported Mar 9
    		$0.39$0.39+0.00%Beat+875.0%
    Sep 21
    Reported Nov 3
    		$0.40$0.39+2.56%Beat+14185.7%
    Jun 21
    Reported Jul 28
    		$0.31$0.23+34.78%Beat+293.7%
    Mar 21
    Reported May 5
    		$0.14$0.11+27.27%Beat+207.7%
    Dec 20
    Reported Feb 15
    		$0.04$0.02+100.00%Beat+300.0%
    Sep 20
    Reported Nov 11
    		$0.00N/A+105.60%Beat-90.7%
    Jun 20
    Reported Aug 4
    		$-0.16$-0.09-77.78%Miss-1500.0%
    Mar 20
    Reported Jun 8
    		$-0.13$-0.10-30.00%Miss-533.3%
    Dec 19
    Reported Feb 26
    		$0.01N/A-80.00%Miss-85.7%
    Sep 19
    Reported Oct 24
    		$0.03$0.06-50.00%Miss-40.0%
    Jun 19
    Reported Sep 3
    		$-0.01$0.02-150.00%Miss-150.0%
    Mar 19
    Reported May 28
    		$0.03$0.01+200.00%Beat+0.0%
    Dec 18
    Reported Feb 19
    		$0.07$0.08-12.50%Miss+250.0%
    Sep 18
    Reported Nov 7
    		$0.05$0.07-28.57%Miss+200.0%
    Jun 18
    Reported Jul 25
    		$0.02N/A-60.00%Miss+128.6%
    Mar 18
    Reported May 29
    		$0.03$0.02+50.00%Beat+142.9%
    Dec 17
    Reported Feb 14
    		$0.02$-0.01+300.00%Beat+122.2%
    Sep 17
    Reported Oct 31
    		$-0.05$-0.05+0.00%Beat-
    Jun 17
    Reported Jul 26
    		$-0.07$-0.05-40.00%Miss-
    Mar 17
    Reported May 18
    		$-0.07$-0.09+22.22%Beat-
    Dec 16
    Reported Feb 23
    		$-0.09$-0.10+10.00%Beat-

    Dividends

    Dividend Metrics

    Forward Yield3.46%
    Forward Annual Dividend$0.30
    Payout Ratio27.51%
    FrequencyQuarterly
    Pay MonthsMar, Jul, Aug, Dec

    Growth

    3Y CAGR+0.00%
    SB dividend history and ex-dividend datesRun SB in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio12.03EV/EBITDA7.50x
    Price/FCFN/AFCF YieldN/A
    Profitability
    Profit Margin28.30%Operating Margin41.10%
    ROE10.30%ROIC6.22%
    Financial Health
    Debt/Equity0.59xInterest Coverage3.51x
    Current Ratio1.00xQuick Ratio1.00x
    Trading Statistics
    Beta0.85Avg Volume1.56M
    52-Week High$9.3152-Week Low$4.08

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$8.67
    SMA 20$8.62
    SMA 50$8.39
    SMA 200$6.80
    EMA 10$8.62
    EMA 20$8.59
    EMA 50$8.31
    EMA 200$6.95

    MACD

    Line: 0.06Signal: 0.08Hist: -0.01

    ADX

    ADX: 13.2+DI: 22.0-DI: 19.6

    Aroon & PSAR

    Aroon Up32.0
    Aroon Down52.0
    PSAR$8.98

    Bollinger Bands

    Upper Band$9.17
    Lower Band$8.06
    %B Position1294%(Upper)
    Band Width0.54

    RSI (14-Day)

    Neutral
    52.4

    Momentum Oscillators

    Stoch %K61.0
    Stoch %D58.5
    Williams %R-34.0
    ROC (10d)4.3%
    Momentum0.36
    CCI (20d)19.3
    MFI (14d)53.7

    Volatility Measures

    ATR (14d)$0.31(3.6%)
    StdDev (20d)0.28
    Hist Vol40.6%(High)

    Volume Flow

    VWAP$8.66
    OBV30.9M
    AD Line-280.5M
    CMF (20d)0.120

    Volume Metrics

    Avg Vol (20d)1.5M
    Vol Ratio0.7x
    VWMA (20d)$8.64

    Pivot Points

    R3$8.99
    R2$8.90
    R1$8.77
    Pivot Point$8.68
    S1$8.55
    S2$8.46
    S3$8.33

    Advanced Oscillators

    TSI4.81
    Ultimate Osc52.2
    KST20.31

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$87.46M$74.39M$72.57M$73.08M$65.75M$64.35M$71.49M$75.92M$78.55M$81.67M$82.29M$64.65M
    Cost of Revenue$44.42M$40.70M$42.06M$44.28M$47.56M$42.77M$38.62M$42.21M$44.10M$42.52M$39.40M$41.43M
    Gross Profit$43.04M$33.69M$30.51M$28.79M$18.19M$21.57M$32.87M$33.71M$34.44M$39.14M$42.89M$23.22M
    Operating Expenses$7.13M$7.22M$7.96M$7.54M$7.70M$6.66M$8.23M$7.00M$6.59M$6.48M$6.23M$5.90M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$7.13M$7.22M$7.96M$7.54M$7.70M$6.66M$6.97M$7.00M$6.59M$6,480$6.23M$5.90M
    Operating Income$35.91M$26.47M$22.55M$21.25M$10.49M$14.92M$24.64M$26.72M$27.85M$32.66M$36.67M$17.32M
    Interest Income$1.59M$1.54M$1.64M$1.15M$1.11M$1.23M$1.03M$725,000$782,000$861$830,000$841,000
    Interest Expense$6.89M$7.28M$8.28M$8.53M$8.63M$8.37M$8.80M$8.46M$8.38M$9.31M$7.98M$7.02M
    Income Before Tax$35.16M$22.21M$11.84M$17.78M$1.70M$7.25M$19.36M$25.12M$27.59M$25.30M$27.61M$15.04M
    Income Tax Expense$0$0$0$0$0$0$0$0$1$2$1$9.50M
    Net Income$35.16M$22.21M$11.84M$17.78M$1.70M$7.25M$19.36M$25.12M$27.59M$25.30M$27.61M$15.04M
    EBITDA$50.41M$40.86M$35.10M$41.41M$25.44M$30.30M$43.13M$48.25M$50.12M$48.96M$49.80M$35.80M
    EBIT$35.91M$26.47M$20.12M$26.31M$10.33M$15.61M$28.16M$33.58M$35.98M$34.61M$35.59M$22.07M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about SB

    News

    Safe Bulkers, Inc. announces a ten million shares of common stock repurchase programme

    Safe Bulkers, Inc. has authorized a program to repurchase up to 10 million shares of its common stock, representing approximately 9.8% of outstanding shares and 20.0% of its public float. The program will be funded by...

    drybulkmagazine.com•10/15/26•Bullish

    Simply Wall St reaffirms fair value for Safe Bulkers stock

    Simply Wall St has reaffirmed its fair value for Safe Bulkers (SB) stock at USD 9.50 as of October 7, 2026, while the stock traded at EUR 7.63 on October 8...

    AD HOC NEWS•10/8/26•Somewhat-Bullish

    Safe Bulkers stock gets a new dividend timetable in October 2026

    Safe Bulkers has announced a new dividend timetable for its Series C and Series D preferred shares, with quarterly payments of USD 0.50 per share. The record date for these dividends is October 16, 2026...

    AD HOC NEWS•10/4/26•Somewhat-Bullish

    Safe Bulkers, Inc. (SB) Stock Price, News, Quote & History

    This article provides comprehensive financial information for Safe Bulkers, Inc. (SB), including its stock price, historical data, news, and analyst insights. It covers key metrics like market capitalization, P/E ratio...

    Yahoo! Finance Canada•10/3/26•Somewhat-Bullish

    SAFE BULKERS INC 8.00% CUM RED PERP PFD SER C To Go Ex-Dividend On October 16th, 2026 With 0.5 USD Dividend Per Share

    SAFE BULKERS INC 8.00% CUM RED PERP PFD SER C is scheduled to go ex-dividend on October 16th, 2026. The company will issue a dividend of 0.5 USD per share. Investors looking to receive this dividend must own shares...

    Moomoo•10/3/26•Somewhat-Bullish

    SB Valuation and Fair Value

    P/E
    12.0x
    Forward P/E
    2.1x
    EV/EBITDA
    7.5x
    PEG
    3.3x
    P/B
    1.0x
    See GNG's fair value

    SB Profitability: Margins, ROIC and FCF

    Gross margin
    44.2%
    Operating margin
    41.1%
    Net margin
    28.3%
    ROIC
    6.2%
    ROE
    10.3%
    FCF margin
    7.2%

    SB Competitors

    CompanyTicker
    Ryerson Holding CorpRYI
    Astec Industries IncASTE
    Sun Country Airlines Holdings IncSNCY
    Eastman Kodak CoKODK
    Kforce Inc.KFRC
    Quanex Building ProductsNX
    Resolute Holdings Management, Inc.RHLD
    Apogee Enterprises IncAPOG

    Sector: Industrials

    SB Bull Case vs Bear Case

    Bull case

    • SB has a 28.3% net profit margin.
    • SB grew quarterly revenue 33.0% year over year.

    SB Earnings: Beat Rate and Next Report

    Beat rate
    5 of 8 quarters (62.5%)
    Average surprise
    16.2%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.27
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 0 down

    SB Dividend

    Forward yield
    3.5%
    Payout ratio
    27.5%
    3Y DPS growth
    0.0%
    Pay months
    Mar, Jul, Aug, Dec
    SB dividend history

    Frequently Asked Questions About SB

    What is SB's current dividend yield?

    Safe Bulkers Inc (SB) has a forward dividend yield of 3.46%.

    Does SB pay dividends?

    Yes, Safe Bulkers Inc pays dividends with a forward dividend yield of 3.46%.

    What is SB's P/E ratio?

    Safe Bulkers Inc has a price-to-earnings (P/E) ratio of 12.03.

    What is SB's market cap?

    Safe Bulkers Inc (SB) has a market capitalization of $891.32M with a current stock price of $8.66.

    Related stocks

    Sector: Industrials

    All stocks starting with S

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In