Safe Bulkers, Inc.SB

$6.70+0.25 (+3.88%)
NYSEIndustrials24:00 UTC

Company snapshot

Market Cap
$685M
Small-cap
+687%
2016 — today
10-Year Price
+543%
2016 — today
52-Week Range
$3.61$7.33
Current $6.70· 83%

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.

Valuation in context

P/E ratio
15.1
Historically pricey
Historically pricey — last 10 years
P/B ratio
0.8
Near historic high
Near historic highs — last 10 years
EV / EBITDA
7.4
Above average
Pricier than usual over the last 10 years
Dividend Yield
2.2%
Near historic low
Near historic low — last 10 years
PEG ratio
0.4
Historically pricey
Historically pricey — last 10 years
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