Safe Bulkers, Inc. provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 15, 2021, the company had a fleet of 43 drybulk vessels having an average age of 10.3 years; and an aggregate carrying capacity of 3,937,000 deadweight tons. Its fleet consisted of 15 Panamax class vessels, 10 Kamsarmax class vessels, 14 post- Panamax class vessels, and four Capesize class vessels. The company was incorporated in 2007 and is based in Monaco.
IPO Year: 2008
Exchange: NYSE
Website: safebulkers.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/27/2025 | $4.20 | Hold → Buy | DNB Markets |
| 2/27/2024 | $4.00 → $6.00 | Hold → Buy | Jefferies |
| 9/26/2022 | $5.00 → $4.00 | Buy → Hold | Jefferies |
| 7/21/2022 | $5.00 | Buy | Jefferies |
| 4/27/2022 | $4.50 | Hold | Jefferies |
| 9/13/2021 | $6.50 | Buy | H.C. Wainwright |
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
144 - SAFE BULKERS, INC. (0001434754) (Subject)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
DNB Markets upgraded Safe Bulkers from Hold to Buy and set a new price target of $4.20
Jefferies upgraded Safe Bulkers from Hold to Buy and set a new price target of $6.00 from $4.00 previously
Jefferies downgraded Safe Bulkers from Buy to Hold and set a new price target of $4.00 from $5.00 previously
Jefferies initiated coverage of Safe Bulkers with a rating of Buy and set a new price target of $5.00
Jefferies resumed coverage of Safe Bulkers with a rating of Hold and set a new price target of $4.50
H.C. Wainwright initiated coverage of Safe Bulkers with a rating of Buy and set a new price target of $6.50
Jefferies reiterated coverage of Safe Bulkers with a rating of Hold and set a new price target of $3.50 from $3.00 previously
Jefferies reiterated coverage of Safe Bulkers with a rating of Hold and set a new price target of $2.50 from $1.75 previously
Stifel upgraded Safe Bulkers from Hold to Buy and set a new price target of $3.00
Jefferies downgraded Safe Bulkers from Buy to Hold and set a new price target of $1.75 from $1.50 previously
Fastest customizable press release news feed in the world
MONACO, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (NYSE:SB) (the "Company"), an international provider of marine drybulk transportation services, announced its participation in the Dry Bulk Shipping Panel at the annual DNB Carnegie Energy & Shipping Conference, to be held in Oslo, Norway, on Wednesday, March 4 and Thursday, March 5, 2026. This top-tier Nordic event connects listed companies with capital markets, offering insights into market trends and industry outlooks as part of a prominent annual gathering focusing on energy, shipping, and offshore industries. Company management will also be available for one-on-one meetings with institutional investors during the event. T
MONACO, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and twelve-month periods ended December 31, 2025. The Board of Directors (the "Board") of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. Financial highlights In million U.S. Dollars except per share dataQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Twelve Months 2025Twelve Months 2024Net revenues72.673.165.764.371.5275.7307.6Net income11.817.81.77.219.438.697.4Adjusted Net income115.913.93.07.818.140.581.6EBITDA233.340.124.228.841.9126.41
NEW YORK, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Senior executives from leading Dry Bulk, Gas (LNG/LPG), and Tanker shipping companies will present at the "20th Annual Capital Link International Shipping Forum" on Monday, March 9, 2026, at the Metropolitan Club in New York City. The event is organized in cooperation with NASDAQ & NYSE. Mr. Joshua Volz, Special Envoy for Global Energy Integration - U.S. Department of Energy, and Minister Vasilis Kikilias, Minister of Maritime Affairs and Insular Policy – Hellenic Republic will deliver Luncheon Keynote Remarks. Mr. Stephen M. Carmel, Administrator, Maritime Administration (MARAD), U.S. Department of Transportation will provide Keynote Remarks
NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Senior executives from 23 leading shipping companies will participate on panels and presentations at the "20th Annual Capital Link International Shipping Forum" on Monday, March 9, 2026, at the Metropolitan Club in New York City. The event is organized in cooperation with NASDAQ & NYSE. Mr. Joshua Volz, Special Envoy for Global Energy Integration - U.S. Department of Energy, and Minister Vasilis Kikilias, Minister of Maritime Affairs and Insular Policy – Hellenic Republic will deliver Luncheon Keynote Remarks. Mr. Stephen M. Carmel, Administrator, Maritime Administration (MARAD), U.S. Department of Transportation will provide Keynote Remarks
MONACO, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE:SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the sale of MV Michalis H, a 2012 Chinese-built, Capesize class, dry-bulk vessel, at a gross sale price of $35.2 million and a forward delivery date within the first quarter of 2026. Dr. Loukas Barmparis, President of the Company, commented: "In the context of our renewal strategy we sold the MV Michalis H at what we consider an optimal timing in the cycle and at a competitive price. At present, the orderbook of the Company consists of eight vessels from now until 2029.'' About
Earnings Release: Wednesday, February 18, 2026, After Market Closes Conference Call and Webcast: Thursday, February 19, 2026, at 10:00 A.M. Eastern Time MONACO, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE:SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the fourth quarter ended December 31, 2025, after the market closes in New York on Wednesday, February 18, 2026. On Thursday, February 19, 2026, at 10:00 A.M. Eastern Time, the Company's management team will host a conference call to discuss the financial results. Conference Call Details:Participants should dial into the call 10 mi
MONACO, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE:SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of two newbuild, 82,500 dwt, dry-bulk, Chinese, Kamsarmax class vessels, with scheduled delivery dates in the third quarter of 2028 and the first quarter of 2029. The newbuild vessels are designed to meet the Phase 3 requirements of the Energy Efficiency Design Index related to the reduction of greenhouse gas emissions ("IMO GHG -EEDI Phase 3") as adopted by the International Maritime Organization, ("IMO") and also comply with the latest NOx emissions regulation,
MONACO, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares") (NYSE:SB) for the period from October 30, 2025 to January 29, 2026; a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the "Series D Preferred Shares") (NYSE:SB) for the period from October 30, 2025 to January 29, 2026. Each dividend will be paid on January 30, 2026 to all
MONACO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE:SB), an international provider of marine drybulk transportation services, announced today that it has authorized a program under which it may from time to time in the future purchase up to 10,000,000 shares of the Company's common stock. If the maximum number of shares of the Company's common stock are purchased pursuant to the aforementioned program, it would represent approximately 9.8% of the shares of the Company's common stock outstanding and 20.0% of its public float. The program does not obligate the Company to purchase shares of the Company's common stock and the program may be modified or terminated
MONACO, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and nine-month periods ended September 30, 2025. The Board of Directors (the "Board") of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. Financial highlights In million U.S. Dollars except per share dataQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Nine Months 2025Nine Months 2024Net revenues73.165.764.371.575.9203.2236.1Net income17.81.77.219.425.126.778.0Adjusted Net income113.93.07.818.119.024.663.4EBITDA240.124.228.841.947.493.1144.5Ad
Live finance-specific insights
MONACO, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and twelve-month periods ended December 31, 2025. The Board of Directors (the "Board") of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. Financial highlights In million U.S. Dollars except per share dataQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Twelve Months 2025Twelve Months 2024Net revenues72.673.165.764.371.5275.7307.6Net income11.817.81.77.219.438.697.4Adjusted Net income115.913.93.07.818.140.581.6EBITDA233.340.124.228.841.9126.41
Earnings Release: Wednesday, February 18, 2026, After Market Closes Conference Call and Webcast: Thursday, February 19, 2026, at 10:00 A.M. Eastern Time MONACO, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE:SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the fourth quarter ended December 31, 2025, after the market closes in New York on Wednesday, February 18, 2026. On Thursday, February 19, 2026, at 10:00 A.M. Eastern Time, the Company's management team will host a conference call to discuss the financial results. Conference Call Details:Participants should dial into the call 10 mi
MONACO, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares") (NYSE:SB) for the period from October 30, 2025 to January 29, 2026; a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the "Series D Preferred Shares") (NYSE:SB) for the period from October 30, 2025 to January 29, 2026. Each dividend will be paid on January 30, 2026 to all
MONACO, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and nine-month periods ended September 30, 2025. The Board of Directors (the "Board") of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. Financial highlights In million U.S. Dollars except per share dataQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Nine Months 2025Nine Months 2024Net revenues73.165.764.371.575.9203.2236.1Net income17.81.77.219.425.126.778.0Adjusted Net income113.93.07.818.119.024.663.4EBITDA240.124.228.841.947.493.1144.5Ad
Earnings Release: Tuesday, November 25, 2025, After Market Closes Conference Call and Webcast: Wednesday, November 26, 2025, at 10:00 A.M. Eastern Time MONACO, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE:SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the third quarter ended September 30, 2025, after the market closes in New York on Tuesday, November 25, 2025. On Wednesday, November 26, 2025, at 10:00 A.M. Eastern Time, the Company's management team will host a conference call to discuss the financial results. Conference Call Details:Participants should dial into the call 10 minu
MONACO, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares") (NYSE:SB) for the period from July 30, 2025 to October 29, 2025;a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the "Series D Preferred Shares") (NYSE:SB) for the period from July 30, 2025 to October 29, 2025. Each dividend will be paid on October 30, 2025 to all shar
MONACO, July 29, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and six-month periods ended June 30, 2025. The Board of Directors (the "Board") of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. Financial highlights In million U.S. Dollars except per share dataQ2 2025Q1 2025Q4 2024Q3 2024Q2 2024Six Months 2025Six Months 2024Net revenues65.764.371.575.978.5130.1160.2Net income1.77.219.425.127.68.952.9Adjusted Net income13.07.818.119.020.310.744.5EBITDA224.228.841.947.449.253.197.1Adjuste
Earnings Release: Tuesday, July 29, 2025, After Market Closes Conference Call and Webcast: Wednesday, July 30, 2025, at 10:00 A.M. Eastern Time MONACO, July 22, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE:SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the second quarter ended June 30, 2025, after the market closes in New York on Tuesday, July 29, 2025. On Wednesday, July 30, 2025, at 10:00 A.M. Eastern Time, the Company's management team will host a conference call to discuss the financial results. Conference Call Details:Participants should dial into the call 10 minutes before the sched
MONACO, July 02, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares") (NYSE:SB) for the period from April 30, 2025 to July 29, 2025;a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the "Series D Preferred Shares") (NYSE:SB) for the period from April 30, 2025 to July 29, 2025. Each dividend will be paid on July 30, 2025, to all shareholders o
MONACO, May 19, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three-month periods ended March 31, 2025. The Board of Directors ("the Board") of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. Financial highlights In million U.S. Dollars except per share dataQ1 2025Q42024Q32024Q22024Q12024Net revenues64.371.575.978.581.7Net income7.219.425.127.625.3Adjusted Net income17.818.119.020.324.2EBITDA228.841.947.449.247.9Adjusted EBITDA 229.440.741.341.846.8Earnings per share basic and diluted30.050.160.22
Live Leadership Updates
MONACO, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced the election of three Class II directors at the Company's annual meeting of stockholders held in Monaco today. Dr. Loukas Barmparis, Marina Hajioannou, and Christos Megalou were elected Class II directors. The Class II directors were elected to hold office for a term ending at the annual meeting of stockholders in 2028 and until their respective successors have been duly elected and qualified. Stockholders also ratified the appointment of Deloitte, Certified Public Accountants S.A. as the Company's independent auditors for
MONACO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced the election of three Class I directors at the Company's annual meeting of stockholders held in Monaco today. Polys Hajioannou, Ioannis Foteinos and Ole Wikborg were elected Class I directors. The Class I directors were elected to hold office for a term ending at the annual meeting of stockholders in 2027 and until their respective successors have been duly elected and qualified. Stockholders also ratified the appointment of Deloitte, Certified Public Accountants S.A. as the Company's independent auditors for the fiscal ye
MONACO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced the election of three Class III directors at the Company's annual meeting of stockholders held in Monaco today. Konstantinos Adamopoulos, Kristin H. Holth and Frank Sica were elected Class III directors. The Class III directors were elected to hold office for a term ending at the annual meeting of stockholders in 2026 and until their respective successors have been duly elected and qualified. Stockholders also ratified the appointment of Deloitte, Certified Public Accountants S.A. as the Company's independent auditors for
MONACO, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced the election of two Class II directors at the Company's annual meeting of stockholders held in Monaco today. Loukas Barmparis and Christos Megalou were elected Class II directors. The Class II directors were elected to hold office for a term ending at the annual meeting of stockholders in 2025 and until their respective successors have been duly elected and qualified. Stockholders also ratified the appointment of Deloitte, Certified Public Accountants S.A. as the Company's independent auditors for the fiscal year ending De
MONACO, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced the election of three Class I directors at the Company's annual meeting of stockholders held in Athens today. Polys Hajioannou, Ioannis Foteinos and Ole Wikborg were elected Class I directors. The Class I directors were elected to hold office for a term ending at the annual meeting of stockholders in 2024 and until their respective successors have been duly elected and qualified. Stockholders also ratified the appointment of Deloitte, Certified Public Accountants S.A. as the Company's independent auditors for the fiscal ye
MONACO, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the “Series C Preferred Shares”) (NYSE: SB.PR.C) for the period from October 30, 2020 to January 29, 2021; a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the “Series D Preferred Shares”) (NYSE: SB.PR.D) for the period from October 30, 2020 to January 29, 2021. Each dividend will be paid on February 1,