SB
Safe Bulkers, Inc.
$7.16
+0.03
(+0.42%)
Mkt Cap
729.08M
Volume
1,435,120
52W Range
3.61-7.38
Sector
Industrials
Beta
0.85
EPS (TTM)
0.44
P/E Ratio
16.16
Revenue (TTM)
285.78M
Rev Growth (5Y)
+6.8%
EPS Growth (5Y)
N/A
AlphaVal · Fair Value
What we estimate one share is worth
$6.47
Overvalued
weak signal
10.6% above fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
D+
Platform & Compounding FCF
39.2 / 100 composite
A platform business that compounds free cash flow — graded A–F vs. similar companies.
Company Description
Safe Bulkers, Inc., along with its affiliated entities, specializes in the ocean-going transportation of dry bulk commodities. The company maintains and operates a fleet of dry bulk carriers, primarily utilized for shipping essential bulk cargoes such as coal, grain, and iron ore. As of March 18, 2022, Safe Bulkers possessed 40 dry bulk vessels, which collectively offered a carrying capacity of 3,925,500 deadweight tons and had an average age of 10.4 years. This fleet was comprised of 12 Panamax, 7 Kamsarmax, 15 Post-Panamax, and 6 Capesize class ships. Safe Bulkers, Inc. was established in 2007 and is headquartered in Monaco.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 275.74M | 307.63M | 284.40M | 349.72M | 329.03M | 198.16M | 197.76M | 193.19M | 148.03M | 109.77M | 127.32M | 154.09M |
| Net Income | 38.56M | 97.38M | 77.35M | 172.55M | 174.35M | (12.90M) | 16.04M | 27.68M | (84.68M) | (55.97M) | (47.94M) | 14.63M |
| EPS | 0.30 | 0.83 | 0.61 | 1.36 | 1.44 | -0.25 | -0.11 | 0.27 | -0.84 | -0.66 | -0.57 | 0.06 |
| Free Cash Flow | 60.30M | (14.32M) | (86.90M) | 34.72M | 107.97M | 12.93M | 19.04M | 39.52M | (10.74M) | (44.87M) | (98.02M) | (102.57M) |
| FCF / Share | 0.59 | -0.13 | -0.76 | 0.29 | 0.95 | 0.13 | 0.19 | 0.39 | -0.11 | -0.53 | -1.17 | -1.23 |
| Operating CF | 102.29M | 130.46M | 122.21M | 218.00M | 217.20M | 63.38M | 58.28M | 85.45M | 49.20M | 13.50M | 25.52M | 43.73M |
| Total Assets | 1.40B | 1.40B | 1.34B | 1.25B | 1.09B | 1.11B | 1.11B | 1.08B | 1.04B | 1.17B | 1.31B | 1.18B |
| Total Debt | 540.14M | 536.64M | 507.92M | 414.36M | 377.65M | 607.67M | 601.05M | 574.69M | 567.40M | 581.96M | 646.87M | 469.57M |
| Cash & Equiv | 153.15M | 84.08M | 50.21M | 50.19M | 101.00M | 93.44M | 78.94M | 52.19M | 47.86M | 82.81M | 195.25M | 118.25M |
| Book Value | 830.71M | 831.62M | 792.51M | 771.92M | 679.24M | 462.86M | 489.94M | 482.83M | 456.35M | 578.54M | 634.15M | 700.10M |
| Return on Equity | 0.05 | 0.12 | 0.10 | 0.22 | 0.26 | -0.03 | 0.03 | 0.06 | -0.19 | -0.10 | -0.08 | 0.02 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 74.39M | 72.57M | 73.08M | 65.75M | 64.35M | 71.49M | 75.92M | 78.55M | 81.67M | 82.29M | 64.65M | 70.62M |
| Net Income | 22.21M | 11.84M | 17.78M | 1.70M | 7.25M | 19.36M | 25.12M | 27.59M | 25.30M | 27.61M | 15.04M | 15.38M |
| EPS | 0.20 | 0.10 | 0.15 | -0.00 | 0.05 | 0.16 | 0.22 | 0.24 | 0.21 | 0.23 | 0.12 | 0.12 |
| Free Cash Flow | 35.20M | (8.80M) | 20.10M | 19.10M | 29.90M | (14.42M) | 24,800 | 39.99M | 35.90M | (171.30M) | 83.14M | 28,600 |
| FCF / Share | 0.34 | -0.09 | 0.20 | 0.19 | 0.28 | -0.14 | 0.00 | 0.37 | 0.33 | -1.53 | 0.74 | 0.00 |
| Operating CF | 35.20M | 33.21M | 20.10M | 19.10M | 29.90M | 26.59M | 24,800 | 39.99M | 35.90M | 37.80M | 83.14M | 28,600 |
| Total Assets | 1.42B | 1.40B | 1.37B | 1.41B | 1.38B | 1.40B | 1.35B | 1.34B | 1.35B | 1.34B | 1.25B | 1.25B |
| Total Debt | 544.00M | 540.14M | 516.28M | 552.59M | 519.72M | 536.64M | 489.77M | 491.15M | 525.26M | 507.92M | 440.67M | 445.71M |
| Cash & Equiv | 171.78M | 153.15M | 115.25M | 117.43M | 120.21M | 84.08M | 85.29M | 72.28M | 78.70M | 50.21M | 74.06M | 79.24M |
| Book Value | 843.19M | 830.71M | 826.28M | 815.58M | 826.81M | 831.62M | 825.36M | 807.54M | 788.58M | 792.51M | 772.44M | 765.00M |
| Return on Equity | 0.03 | 0.01 | 0.02 | 0.00 | 0.01 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 |
SB News
Navigating the Future of Shipping: Leadership Insights – Q2 2026
Safe Bulkers: Pair The Common With The 7.7%-Yielding Preferreds
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
Safe Bulkers Announces Annual Meeting of Stockholders
Safe Bulkers, Inc. (SB) Q1 2026 Earnings Call Transcript
Stock Market Today: S&P 500, Dow, Nasdaq 100 Futures Jump After Sharp Sell-Off On Fed Rates Pause— Freecast, Smith & Wesson In Focus (UPDATED)
Safe Bulkers, Inc. Reports First Quarter 2026 Results and Declares Dividend on Common Stock
Safe Bulkers, Inc. Sets Date for the First Quarter 2026 Results, Conference Call, and Webcast
Safe Bulkers, Inc. Sets Date for the First Quarter 2026 Results, Conference Call, and Webcast
Safe Bulkers, Inc. Announces Availability of 2025 Sustainability Report