Company Overview
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services internationally. The company owns and operates a fleet of dry bulk vessels for transporting bulk cargoes comprising coal, grain, and iron ore. Its fleet consists of 45 vessels, including 8 Panamax class vessels, 12 Kamsarmax class vessels, 17 post-Panamax class vessels, and 8 Capesize class vessels with an aggregate carrying capacity of 4,559,000 deadweight tons. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.
Why Investors Should Care
Trades at a P/E of 12.1, below the sector median of 27.4.
Maintains a net profit margin of 28.3%.
Offers a dividend yield of 3.91%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $275.74M (-10.4% YoY); net profit $38.56M.
- Trailing 12 Months Year-on-year growth — revenue +33.0%, earnings -60.4%.
- 5-Year Trend Long-term compounding — revenue CAGR -7.6%, profit CAGR -39.3%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -7.62% |
| 1 Year: | 33.00% |
Compounded Profit Growth
| 5 Years: | -39.31% |
| 1 Year: | -60.40% |
Stock Price Performance
| 1 Year: | +119.57% |
| 6 Months: | +53.30% |
| 3 Months: | +43.87% |
| 1 Month: | +20.77% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)72.94 · Overbought
P/E of 12.07 is below the sector median of 27.38 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 28.3%.
- Attractive dividend yield of 3.91%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -7.6% CAGR over 5 years.
- Earnings shrank at -39.3% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SB Safe Bulkers, Inc. R2KR3K | 9.17 | 12.07 | $933.81M | 3.91% | 4.90% | 10.32% | -7.62% | -39.31% |
| 2 | SPCX Space Exploration Technologies Corp. R3KAIDEFENCE | 147.95 | -134.50 | $1.12T | 0.00% | -3.22% | -11.95% | 34.08% | -3.34% |
| 3 | CAT Caterpillar Inc. SPXR3K | 813.94 | 35.05 | $374.15B | 0.76% | 17.98% | 56.97% | 2.29% | 5.24% |
| 4 | GE GE Aerospace SPXR3KDEFENCE | 337.12 | 39.85 | $349.78B | 0.50% | 9.52% | 48.23% | -7.42% | -5.36% |
| 5 | RTX RTX Corporation SPXR3KDEFENCE | 200.79 | 35.41 | $270.62B | 1.31% | 8.28% | 12.27% | 2.61% | 2.62% |
| 6 | GEV GE Vernova Inc. SPXR3KAI | 941.95 | 26.98 | $250.87B | 0.20% | 6.30% | 82.58% | 8.68% | - |
| 7 | DE Deere & Company SPXR3K | 693.53 | 39.29 | $187.33B | 1.05% | 12.53% | 18.35% | 3.43% | 5.10% |
| 8 | UNP Union Pacific Corporation SPXR3K | 291.88 | 23.83 | $173.40B | 1.92% | 15.22% | 39.70% | 2.30% | 7.77% |
| 9 | BA The Boeing Company SPXR3KDEFENCE | 212.25 | 76.08 | $167.63B | 0.00% | -9.01% | - | 1.67% | -3.28% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 71.49M | 64.35M | 65.75M | 73.08M | 72.57M |
| Cost of Revenue | 38.62M | 42.77M | 47.56M | 44.28M | 42.06M |
| Gross Profit | 32.87M | 21.57M | 18.19M | 28.79M | 30.51M |
| Operating Expenses | 8.23M | 6.66M | 7.70M | 7.54M | 11.79M |
| Operating Income | 24.64M | 14.92M | 10.49M | 21.25M | 18.71M |
| EBITDA | 27.21M | 14.65M | 9.54M | 25.38M | 19.34M |
| Interest Expense | 7.85M | 7.40M | 7.84M | 7.59M | 7.51M |
| Pretax Income | 19.36M | 7.25M | 1.70M | 17.78M | 11.84M |
| Tax Provision | - | - | - | - | - |
| Net Income | 19.36M | 7.25M | 1.70M | 17.78M | 11.84M |
| Diluted EPS | 0.16 | 0.05 | 0.00 | 0.15 | 0.10 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 349.72M | 284.40M | 307.63M | 275.74M |
| Cost of Revenue | - | 139.70M | 165.00M | 167.46M | 176.68M |
| Gross Profit | - | 210.02M | 119.41M | 140.17M | 99.06M |
| Operating Expenses | - | 25.37M | 25.63M | 28.30M | 33.69M |
| Operating Income | - | 184.65M | 93.77M | 111.87M | 65.37M |
| EBITDA | - | 239.21M | 156.19M | 186.89M | 128.78M |
| Interest Expense | - | 17.14M | 24.71M | 31.38M | 30.34M |
| Pretax Income | - | 172.55M | 77.35M | 97.38M | 38.56M |
| Tax Provision | - | - | - | - | - |
| Net Income | - | 172.55M | 77.35M | 97.38M | 38.56M |
| Diluted EPS | - | 1.36 | 0.61 | 0.83 | 0.30 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 1.25B | 1.34B | 1.40B | 1.40B |
| Current Assets | - | 157.70M | 146.72M | 165.39M | 200.60M |
| Cash & Equivalents | - | 49.19M | 48.19M | 81.08M | 141.58M |
| Inventory | - | 17.32M | 16.65M | 14.88M | 19.00M |
| Receivables | - | 6.47M | 8.79M | 13.35M | 8.85M |
| Total Liabilities | - | 474.00M | 547.30M | 571.48M | 572.48M |
| Current Liabilities | - | 91.32M | 55.73M | 86.47M | 69.06M |
| Long Term Debt | - | 370.81M | 482.39M | 478.45M | 497.77M |
| Total Debt | - | 414.36M | 507.17M | 536.64M | 540.14M |
| Total Equity | - | 771.92M | 792.51M | 831.62M | 830.71M |
| Shares Outstanding | - | 118.87M | 111.61M | 105.29M | 102.26M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 218.05M | 122.21M | 130.46M | 102.29M |
| Investing Cash Flow | - | -229.40M | -151.73M | -71.73M | 9.70M |
| Financing Cash Flow | - | -40.10M | 29.14M | -25.86M | -52.37M |
| Capital Expenditure | - | -183.28M | -209.10M | -144.78M | -41.99M |
| Free Cash Flow | - | 34.77M | -86.90M | -14.32M | 60.30M |
| Net Change in Cash | - | -51.46M | -378.00K | 32.87M | 59.62M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 60.1% | 42.0% | 45.6% | 35.9% |
| Operating Margin % | - | 52.8% | 33.0% | 36.4% | 23.7% |
| Net Margin % | - | 49.3% | 27.2% | 31.7% | 14.0% |
| ROE % | - | 22.4% | 9.8% | 11.7% | 4.6% |
| ROCE % | - | 16.0% | 7.3% | 8.5% | 4.9% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Goldman Sachs Group Inc | 3.97% | 4.04M | $34.45M |
| 2 | Blackrock Inc. | 3.49% | 3.56M | $30.31M |
| 3 | Renaissance Technologies, LLC | 2.76% | 2.81M | $23.94M |
| 4 | Fearnley Asset Management As | 2.27% | 2.31M | $19.70M |
| 5 | Two Sigma Investments, LP | 1.74% | 1.77M | $15.07M |
| 6 | State Street Corporation | 1.62% | 1.65M | $14.04M |
| 7 | Acadian Asset Management. LLC | 1.61% | 1.64M | $13.94M |
| 8 | LSV Asset Management | 1.55% | 1.58M | $13.47M |
| 9 | UBS Group AG | 1.46% | 1.49M | $12.67M |
| 10 | Arrowstreet Capital, Limited Partnership | 1.38% | 1.41M | $11.98M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for SB
Safe Bulkers Inc (SB) (Q2 2026) Earnings Call Highlights: Adjusted EBITDA Nearly Doubles to $50. ...
Safe Bulkers Inc (SB) boosts quarterly dividend for the second consecutive quarter amid strong charter rates and a modernized fleet.
Safe Bulkers Q2 Earnings Call Highlights
Safe Bulkers (NYSE:SB) reported higher second-quarter earnings as stronger charter rates and increased bareboat charter income lifted revenue and profitability, while the company raised its quarterly dividend for a second consecutive quarte…
Safe Bulkers Inc (SB) Q1 2026 Earnings Call Highlights: Strong Financial Performance and ...
Safe Bulkers Inc (SB) reports robust earnings growth, increased dividends, and strategic fleet upgrades amid market volatility.
Safe Bulkers, Inc. Sets Date for the First Quarter 2026 Results, Conference Call, and Webcast
Earnings Release: Wednesday, June 17, 2026, After Market Closes Conference Call and Webcast: Thursday, June 18, 2026, at 10:30 U.S. A.M. Eastern Time / 17:30 Eastern European Time MONACO, June 08, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc.…
Safe Bulkers, Inc. Becomes the Only Shipping Company with Common Stock trading on both the NYSE and Euronext Athens
MONACO, June 02, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE/Euronext Athens: SB), an international provider of marine drybulk transportation services, is pleased to announce today that the Company’s issued shares of c…
Safe Bulkers, Inc. Publishes Prospectus Relating to the Admission to Trading and Listing on Euronext Athens
MONACO, May 27, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, is pleased to announce that following ascertainment by Euronext Athens of the fulfi…
SB — Frequently Asked Questions
What is the current share price of Safe Bulkers, Inc. (SB)?
As of 2026-09-07 16:24 PDT, Safe Bulkers, Inc. (SB) trades at $9.17 on NYSE. Its 52-week range is $4.02 to $9.17.
What is the market capitalisation of SB?
Safe Bulkers, Inc. (SB) has a market capitalisation of $933.81M on NYSE.
What is the P/E ratio of SB?
SB trades at a trailing price-to-earnings (P/E) ratio of 12.07. The industry average P/E is 27.38. Its price-to-book (P/B) ratio is 0.89.
Does SB pay a dividend?
Safe Bulkers, Inc. (SB) currently offers a dividend yield of 3.91%.
What is the return on equity (ROE) of SB?
SB has a return on equity (ROE) of 10.32%. Its return on capital employed (ROCE) is 4.90%.
Is SB a good stock to buy?
This page provides a data-driven analysis of Safe Bulkers, Inc. (SB), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.