Safe Bulkers/$SB
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Safe Bulkers
Safe Bulkers Inc is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain, and iron ore, along international shipping routes for consumers of marine drybulk transportation services. The company employs its vessels on both period time charters and spot time charters, according to the assessment of market conditions, with consumers of marine drybulk transportation services. The company generates almost all of its revenue from Time Charters.
- Ticker
- $SB
- Sector
- Mobility
- Primary listing
- NYSE
- Employees
- 10
- Headquarters
- Monaco, Monaco
- Website
- www.safebulkers.com
Safe Bulkers Metrics
BasicAdvanced
$804M
9.16
$0.77
-
$0.24
4.25%
Price and volume
Market cap
$804M
52-week high
$9.31
52-week low
$4.66
Average daily volume
1.1M
Dividend rate
$0.24
Financial strength
Current ratio
1.002
Quick ratio
0.638
Long term debt to equity
0.391
Total debt to equity
0.588
Dividend payout ratio (TTM)
26.84%
Interest coverage (TTM)
3.40%
Profitability
EBITDA (TTM)
161.315
Gross margin (TTM)
63.64%
Net profit margin (TTM)
28.29%
Operating margin (TTM)
33.28%
Revenue per employee (TTM)
$30,750,000
Management effectiveness
Return on assets (TTM)
4.51%
Return on equity (TTM)
10.32%
Valuation
Price to earnings (TTM)
9.159
Price to revenue (TTM)
2.345
Price to book
0.83
Price to tangible book (TTM)
0.83
Price to free cash flow (TTM)
13.535
Free cash flow yield (TTM)
7.39%
Free cash flow per share (TTM)
0.522
Dividend yield (TTM)
3.33%
Forward dividend yield
4.25%
Growth
Revenue change (TTM)
10.81%
Earnings per share change (TTM)
78.44%
3-year revenue growth (CAGR)
-1.10%
10-year revenue growth (CAGR)
10.40%
3-year earnings per share growth (CAGR)
-6.94%
10-year earnings per share growth (CAGR)
-1.95%
3-year dividend per share growth (CAGR)
-20.63%
10-year dividend per share growth (CAGR)
17.46%
Bulls say / Bears say
Second-quarter 2026 revenue rose 33% year-on-year to $87.5 million and net income increased to $35.2 million from $1.7 million. The average time-charter rate also rose to $20,642 a day, showing strong earnings leverage when freight markets improve. (Safe Bulkers)
Safe Bulkers’ fleet averaged 10.4 years of age, against a global dry-bulk fleet average of 12.5 years, and included 14 newer Phase III ships. A younger, more fuel-efficient fleet may help it compete on operating costs and meet tighter emissions rules. (Safe Bulkers)
The board raised the quarterly common dividend to $0.075 a share, while the company also has an active share-repurchase programme. These give investors a route to share in cash generation alongside the fleet-growth plan. (Safe Bulkers, StockAnalysis)
Safe Bulkers raised about $93.5 million in September by placing 12 million new shares. The funds support shipbuilding and possible acquisitions, but the enlarged share count dilutes existing shareholders. (Splash247)
The July fleet update showed $277.2 million of remaining capital spending on newbuilds and $519.2 million of debt. Those commitments could limit financial flexibility if cash generation or charter rates weaken. (Safe Bulkers)
Safe Bulkers’ chief executive warned that China’s expanding shipbuilding capacity could overwhelm the dry-bulk market. If vessel supply grows faster than cargo demand, charter rates and the company’s earnings could come under pressure. (TradeWinds)
Data summarised monthly by Lightyear AI. Last updated on 2 Nov 2026.
Safe Bulkers Financial Performance
Revenues and expenses
Safe Bulkers Earnings Performance
Company profitability
Upcoming events
No upcoming events
Safe Bulkers News
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Funds containing Safe Bulkers
Fund name | Fund size | $SB weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.01% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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