Safe Bulkers, Inc.

Safe Bulkers, Inc.

SB
Safe Bulkers, Inc.US flagNew York Stock Exchange
6.40
USD
+0.09
- -
651.69MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.41
1.85
1.53
1.3
1.47
1.9
1.94
1.93
2.89
2.9
2.5
2.86
2.68
2.79
Basic EPS, GAAP
1.05
0.06
-0.74
-0.83
-0.98
0.16
0.04
-0.24
1.44
1.36
0.61
0.83
0.3
0.44
Free Cash Flow per Basic Share
-0.24
-1.23
-1.17
-0.53
-0.1
0.39
0.19
0.13
0.95
0.29
-0.76
-0.13
0.59
1.05
Dividend per Share
0.23
0.31
0.21
0.17
0.12
0.11
0.11
0.11
0.1
0.28
0.27
0.27
0.28
- -
Book Value per Share
4.4
3.95
3.17
2.3
0.94
1.1
1.14
0.88
2.23
3.26
3.87
4.72
5.02
- -
Tangible Book Value per Share
7.46
8.39
7.6
6.84
4.52
4.75
4.82
4.51
5.97
6.4
6.97
7.73
8.06
8.24
Basic Weighted Avg Shares
77
83
83
85
101
102
102
103
114
121
114
108
103
102
Sales/Revenue/Turnover
187
154
127
110
148
193
198
198
329
350
284
308
276
286
Operating Margin (%)
45.95
17.92
-6.09
-10.47
15.79
28.98
22.31
5.29
52.39
52.8
32.97
36.37
23.71
26.92
Depreciation Expense
37
43
47
49
51
48
50
54
52
50
54
58
60
- -
Net Income, GAAP
83
15
-48
-56
-85
28
16
-13
174
173
77
97
39
54
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
44.59
9.5
-37.66
-50.98
-57.2
14.33
8.11
-6.51
52.99
49.34
27.2
31.65
13.99
18.73
Working Capital
116
109
137
87
42
47
49
30
35
66
91
79
132
68
LT Debt
473
448
569
570
542
539
537
532
316
371
482
478
498
389
Total Equity
578
700
634
579
456
483
490
463
679
772
793
832
831
843
Return on Invested Capital (%)
8.06
2.45
- -
- -
- -
5.38
4.11
- -
16.2
16.46
7.54
8.39
4.77
5.63
Return on Capital (%)
10.61
2.8
- -
- -
- -
7.82
5.96
- -
28.05
26.36
11.64
12.93
6.56
15.61
Return on Common Equity (%)
26.42
1.56
-20.92
-30.52
-68.48
15.78
4
-23.68
94.82
50.57
16.66
18.88
5.96
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
34
42
155
LT Borrowings
482
498
389
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
102
102
102
Market Capitalization
462
497
648

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
159
201
249
Cash, Cash Equivalents & STI
- -
158
- -
Accounts Receivable, Net
- -
9
- -
Inventories
- -
19
- -
Total Current Liabilities
59
69
181
Payables & Accruals
- -
21
- -
ST Debt
34
42
155
Deferred Revenue
- -
5
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.97%
13.58%
-0.11%
Free Cash Flow
-100.51%
-57.49%
-521.18%
Net Income, GAAP
-182.89%
-308.34%
-60.4%
Sales/Revenue/Turnover
10.56%
10.29%
-10.37%
Total Cash Common Dividend
- -
2,742.01%
-4.15%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
82
79
76
71
308
2025
64
66
73
73
276
2026
74
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.21
0.24
0.22
0.16
0.83
2025
0.05
- -
0.15
0.1
0.3
2026
0.2
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.27
2025
- -
- -
- -
- -
0.28
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Polys Hajioannou
Full Time Employees
941
Sector
Industrials
Industry
Marine Shipping
Address
Les Acanthes Monaco Monaco 98000
IPO Date
May 30, 2008
Business
Safe Bulkers, Inc. is an international provider of marine drybulk transportation services that owns and operates a modern fleet of drybulk vessels transporting major bulks including iron ore, coal, and grain, as well as minor bulks such as bauxite, fertilizers, and steel products along worldwide shipping routes. The company, incorporated in the Republic of the Marshall Islands in 2007 and headquartered in Monaco with operational offices in four countries, maintains a fleet of approximately 46 vessels comprising Panamax, Kamsarmax, post-Panamax, and Capesize classes with an aggregate deadweight tonnage exceeding 4.6 million tons and an average age of around 10 years; its subsidiaries handle chartering services to major global commodity consumers across Asia-Pacific, Europe, the Americas, Atlantic, Pacific, Indian Ocean, and Mediterranean trade lanes. Recent developments include the authorization in December 2025 of a $10 million share repurchase program funded by existing cash resources to enhance shareholder value amid strong liquidity; ongoing fleet renewal with an orderbook of eight eco-friendly newbuilds compliant with IMO GHG-EEDI Phase 3 and NOx-Tier III standards, two designed for methanol dual-fuel capability, featuring deliveries of three vessels in 2025, three in 2026, and one in 2027; and the December 2023 agreement to acquire a Japanese-built Kamsarmax vessel of 82,000 deadweight tons for delivery in the first half of 2026, aligning with strategic environmental sustainability goals.

Company News

APIChatGPT
  • 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

  • Safe Bulkers, Inc. Announces Availability of 2025 Sustainability Report

  • Safe Bulkers, Inc. Publishes Prospectus Relating to the Admission to Trading and Listing on Euronext Athens

  • Safe Bulkers, Inc. Publishes Prospectus Relating to the Admission to Trading and Listing on Euronext Athens

  • Safe Bulkers, Inc. Dual Listing on the Main Market of Euronext Athens Stock Exchange

  • Safe Bulkers, Inc. Announces Sale of a 2006-Built Post-Panamax Class and of a 2008-Kamsarmax Class Dry-bulk Vessels

  • Safe Bulkers, Inc. Announces Sale of a 2006-Built Post-Panamax Class and of a 2008-Kamsarmax Class Dry-bulk Vessels

  • Safe Bulkers, Inc. Announces Recapitulation Agreements for the Acquisition of Four Newbuild Dry-bulk Vessels

  • Safe Bulkers Announces Appointments to the Board of Directors

  • Safe Bulkers: Steady Execution, But The Easy Upside Looks Gone

  • Safe Bulkers (NYSE:SB) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

  • 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, Inc (NYSE:SB) Sees Large Growth in Short Interest