Analysts take a look at Safe Bulkers, Inc. (NYSE:SB) having this to say.

Safe Bulkers, Inc. (NYSE:SB) Logo

Safe Bulkers, Inc. (NYSE:SB) Ratings Coverage

Among 3 analysts covering Safe Bulkers (NYSE:SB), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Safe Bulkers had 4 analyst reports since November 9, 2018 according to SRatingsIntel. The rating was maintained by Citigroup on Wednesday, February 20 with “Sell”. The firm has “Buy” rating given on Wednesday, February 20 by Maxim Group. Jefferies upgraded it to “Buy” rating and $3.5 target in Friday, November 9 report. Below is a list of Safe Bulkers, Inc. (NYSE:SB) latest ratings and price target changes.

30/03/2019 Broker: BidaskScore Rating: Sell Upgrade
20/02/2019 Broker: Citigroup Rating: Sell New Target: $1.25 Maintain
20/02/2019 Broker: Maxim Group Rating: Buy New Target: $3.5 Maintain
09/11/2018 Broker: Jefferies Old Rating: Hold New Rating: Buy New Target: $3.5 Upgrade

The stock increased 4.01% or $0.065 during the last trading session, reaching $1.685. About 135,154 shares traded. Safe Bulkers, Inc. (NYSE:SB) has declined 58.68% since May 8, 2018 and is downtrending. It has underperformed by 63.05% the S&P500.

Safe Bulkers, Inc. provides marine drybulk transportation services worldwide. The company has market cap of $170.58 million. It is involved in the acquisition, ownership, and operation of drybulk vessels for transporting bulk cargoes, primarily coal, grain, and iron ore. It has a 10.53 P/E ratio. As of February 17, 2017, the firm had a fleet of 38 drybulk vessels with an aggregate carrying capacity of 3,421,800 deadweight tons.

More notable recent Safe Bulkers, Inc. (NYSE:SB) news were published by: which released: “Safe Bulkers, Inc. Sets Date for Fourth Quarter 2018 Results, Conference Call and Webcast – GlobeNewswire” on February 13, 2019, also with their article: “Alpha Pro Tech, Ltd. Announces Revenue of $12.3 Million, $0.09 in EPS, for the First Quarter of 2019 – GlobeNewswire” published on May 06, 2019, published: “Safe Bulkers, Inc. Reports Third Quarter and Nine Months 2018 Results – GlobeNewswire” on November 07, 2018. More interesting news about Safe Bulkers, Inc. (NYSE:SB) were released by: and their article: “Safe Bulkers, Inc. Reports Fourth Quarter and Twelve Months 2018 Results – GlobeNewswire” published on February 19, 2019 as well as‘s news article titled: “Independence Holding Company Announces 26% Increase in 2019 First-Quarter per Share Results – GlobeNewswire” with publication date: May 07, 2019.

Safe Bulkers, Inc. (NYSE:SB) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.