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SBSafe Bulkers, Inc.
$7.11$724M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
SB logo

Safe Bulkers, Inc.

SB
NYSE · Marine Shipping
$7.11
At close - Nov 6, 4:00 PM EST - USD
Market Cap$724M
P/E8.3x
52W High$9.31
Volume622.09K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Cyclical Recovery Drives Margin Expansion and Cash Generation

Safe Bulkers is experiencing a robust cyclical recovery, with revenue surging 33.0% year-over-year in 2026Q2 to $87.5M and gross margins expanding to 49.2%, driven by firmer charter rates and disciplined cost control.

GrowthAccelerating
ProfitabilityStrong
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

SB price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

+69% Peers

P/E is 69% above peer median

03

Market leadership

RS 56 · Avg

Average momentum (RS Rating: 56)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 9

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SB+51.04%
S&P 500 (^GSPC)+7.63%
1-Year Return
SB+55.94%
S&P 500 (^GSPC)+9.69%
3-Year Return
SB+139.04%
S&P 500 (^GSPC)+69.99%
5-Year Return
SB+111.36%
S&P 500 (^GSPC)+57.83%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
8.3x
Forward P/EExpansion
6.9x
EV/EBITDA80th %ile
6.7x
FCF YieldCash Flow
12.2%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
8.3x
4.3x
80th· High
EV/EBITDA
6.7x
4.9x
80th· High
Price/FCF
8.2x
8.2x
33rd· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$276M-10.4% YoY
Net income FY25
$39M-60.4% YoY
Free cash flow FY25
$60M+521.2% YoY
Operating margin FY25
25.1%-11.3 pts YoY
ROIC (FY25)4.1%
Avg ROIC 5Y8.7%
ROE (TTM)10.3%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate5/12 (42%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 28, 2026
$0.28+30.2%
vs $0.21
$87M+12.9%
vs $78M
Q3 2026
Jun 17, 2026
$0.18+71.4%
vs $0.10
$74M+13.6%
vs $66M
Q1 2026
Feb 18, 2026
$0.14+0.0%
vs $0.14
$76M+8.5%
vs $70M
Q4 2025
Nov 25, 2025
$0.12-35.1%
vs $0.18
$73M-0.0%
vs $73M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Defense World·Oct 22, 2026
220,136 Shares of Safe Bulkers, Inc $SB Acquired by CWA Asset Management Group LLC

CWA Asset Management Group LLC acquired a new position in Safe Bulkers, Inc (NYSE: SB) in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 220,136 shares of the shipping company's stock, valued at approximately $1,880,000. CWA Asset Management Group LLC owned 0.22%

GlobeNewsWire·Oct 2, 2026
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, Oct. 02, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE/Euronext Athens: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared:

Seeking Alpha·Sep 30, 2026
SB Financial Looks Attractive Even With Recent Macro Headwinds

SB Financial Group, Inc. demonstrates robust bottom-line growth, driven by healthy loan expansion and minimal nonperforming assets. SBFG's first-half 2026 performance and attractive service area underpin my Buy rating, despite looming market volatility. The company's adjusted earnings from 1H 2026 were 36% higher than the same period from last year.

Seeking Alpha·Sep 26, 2026
Safe Bulkers: Shrinking Costs And Accelerating Cash Margins

Safe Bulkers is rated Strong Buy, offering 26% upside plus a 3.6% dividend yield, driven by structural TCE rate strength. SB's young, 45-vessel dry bulk fleet benefits from appreciating asset values and increasing spot market exposure, especially in the Capesize and Kamsarmax segments. Operating leverage is improving as OPEX declines and cash margins nearly double, with coal and steel demand providing durable tailwinds.

Filtered for Safe Bulkers, Inc.More Headlines
04

Compare before deciding

Benchmark SB against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Safe Bulkers, Inc. (SB)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SB logoSBSafe Bulkers, Inc.Current
$7.11$723.99M8.32-10.37%28.29%10.32%3.91%
SBLK logoSBLKStar Bulk Carriers Corp.
$26.73$2.98B10.39-17.62%23.87%11.71%1.11%
GNK logoGNKGenco Shipping & Trading Limited
$26.00$1.13B14.62-19.14%15.48%8.9%2.91%
NMM logoNMMNavios Maritime Partners L.P.
$85.33$2.44B4.270.76%36.89%16.33%0.23%
SFL logoSFLSFL Corporation Ltd.
$10.96$1.46B16.75-19.28%12.38%9.15%8.58%
CMRE logoCMRECostamare Inc.
$12.72$1.54B4.59-57.87%40.5%14.82%5.19%

Compare SB vs Peers

Safe Bulkers, Inc. (SB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SBLK

Most directly comparable listed peer for SB.

Scale Benchmark

vs MATX

Larger-name benchmark to compare SB against a more recognizable public peer.

Peer Set

Compare Top 5

vs SBLK, GNK, NMM, SFL

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SB Frequently Asked Questions

Safe Bulkers, Inc. (SB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Safe Bulkers, Inc.'s revenue?

Safe Bulkers, Inc. (SB) reported $307.5M in revenue over the trailing twelve months. Revenue was $275.7M in fiscal year 2025. That is 189% more than the $95.3M of fiscal year 2006.

How fast is Safe Bulkers, Inc. growing?

Safe Bulkers, Inc. (SB) grew revenue by 10.8% over the trailing twelve months, compared with the twelve months before.

Is SB profitable?

Yes. Safe Bulkers, Inc. (SB) earned $87.0M in net income over the trailing twelve months (a 28.3% net margin).

Dividend & Returns
Does SB pay dividends?

Yes. Safe Bulkers, Inc. (SB) pays a dividend that yields 3.91% at the current price, a moderate yield.

What is SB's return on equity?

Safe Bulkers, Inc. (SB) had a return on equity (ROE) of 10.3% over the trailing twelve months. That is in line with the market's typical 10-15%.

What is Safe Bulkers, Inc.'s free cash flow?

Safe Bulkers, Inc. (SB) generated $88.5M in free cash flow over the trailing twelve months.

What if you invested $1,000 in SB back in 2006?

Total return calculator · dividends reinvested · 20+ years of data

See returns →