Safe Bulkers Inc SB
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if SB is a good fit for your portfolio.
News
-
Safe Bulkers, Inc. Sets Date for the Second Quarter 2024 Results, Conference Call, and Webcast
-
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. Announces Agreement for the Acquisition of One Japanese Kamsarmax Class Dry-bulk Vessel
-
Safe Bulkers, Inc. Announces the Implementation of Integrated Management System in Compliance with DryBMS Standards
-
Safe Bulkers, Inc. Announces Availability of 2023 Sustainability Report
-
Safe Bulkers, Inc. Reports First Quarter 2024 Results and Declares Dividend on Common Stock
-
Red Sea container traffic is down almost 30% amid Houthi attacks, says IMF, as experts weigh wider impact
Trading Information
- Previous Close Price
- $5.50
- Day Range
- $5.36–5.51
- 52-Week Range
- $2.97–6.33
- Bid/Ask
- $5.39 / $5.60
- Market Cap
- $581.90 Mil
- Volume/Avg
- 562,788 / 587,770
Key Statistics
- Price/Earnings (Normalized)
- 8.40
- Price/Sales
- 2.80
- Dividend Yield (Trailing)
- 3.67%
- Dividend Yield (Forward)
- 3.67%
- Total Yield
- 8.18%
Company Profile
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.
- Sector
- Industrials
- Industry
- Marine Shipping
- Stock Style Box
- Small Value
- Total Number of Employees
- 1,102
- Website
- https://www.safebulkers.com
Comparables
Valuation
Metric
|
SB
|
GSL
|
2020
|
---|---|---|---|
Price/Earnings (Normalized) | 8.40 | 2.72 | 9.75 |
Price/Book Value | 0.77 | 0.71 | 1.77 |
Price/Sales | 2.80 | 1.32 | 4.14 |
Price/Cash Flow | 4.85 | 2.23 | 6.79 |
Price/Earnings
SB
GSL
2020
Financial Strength
Metric
|
SB
|
GSL
|
2020
|
---|---|---|---|
Quick Ratio | 1.35 | 0.72 | 1.12 |
Current Ratio | 2.55 | 1.24 | 2.03 |
Interest Coverage | 3.93 | 8.03 | 5.81 |
Quick Ratio
SB
GSL
2020
Profitability
Metric
|
SB
|
GSL
|
2020
|
---|---|---|---|
Return on Assets (Normalized) | 6.07% | 15.38% | 9.03% |
Return on Equity (Normalized) | 10.05% | 29.40% | 20.70% |
Return on Invested Capital (Normalized) | 7.10% | 18.47% | 12.29% |
Return on Assets
SB
GSL
2020
Marine Shipping Industry Comparables
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
Hapag-Lloyd AG ADR
HPGLY
| — | Jcjzc | $28.5 Bil | |||
Hapag-Lloyd AG
HLAGF
| — | Ryzpyh | $28.5 Bil | |||
COSCO SHIPPING Holdings Co Ltd ADR
CICOY
| — | Cctwlh | $27.0 Bil | |||
COSCO SHIPPING Holdings Co Ltd Class H
CICOF
| — | Wsknlk | $27.0 Bil | |||
A. P. Moller Maersk A/S Class B
AMKBF
| — | Khsgb | $23.8 Bil | |||
A. P. Moller Maersk A/S Class A
AMKAF
| — | Xbchr | $23.8 Bil | |||
A. P. Moller Maersk A/S ADR
AMKBY
| — | Zlcrc | $23.8 Bil | |||
Nippon Yusen Kabushiki Kaisha ADR
NPNYY
| — | Twmd | $13.6 Bil | |||
International Container Terminal Services Inc
ICTEF
| — | Qgrxvlt | $12.3 Bil | |||
Mitsui O.S.K. Lines Ltd
MSLOF
| — | Yxyh | $10.7 Bil |