Safe Bulkers

Safe Bulkers, Inc. provides international marine drybulk transportation services. The firm offers transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world's largest users of marine drybulk transportation services. The company was founded on December 11, 2007 and is headquartered in Les Acanthes, Monaco.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Safe Bulkers reports stable Q1 earnings amidst market challenges

Safe Bulkers delivered solid financial performance in Q1 2023, emphasizing stability and profitability. The company faces challenges in the aging fleet and uncertain newbuild market but remains focused on sustainable fleet strategies. Opportunities lie in market recovery, global demand growth, and strategic investments in scrubbers and fleet expansion.

Safe Bulkers adapts to market challenges, emphasizes sustainability initiatives

Safe Bulkers navigated a challenging market environment in Q2 2023, focusing on financial stability, operational efficiency, and strategic investments.
The company's strong liquidity, capital structure, and contracted revenues provide a solid foundation for growth and adaptation to industry changes.
While facing market volatility and economic uncertainties, Safe Bulkers remains resilient, emphasizing environmental upgrades and seizing opportunities for expansion.

Safe Bulkers reports Q3 decline, eyes growth amid economic challenges

Safe Bulkers navigated Q3 2023 with resilience amid global economic uncertainties, reporting lower adjusted EBITDA but increased contracted revenue.
The company's strategic focus on environmental competitiveness and shareholder value distribution strengthens its position in the market.
While facing challenges from economic headwinds, Safe Bulkers maintains financial stability and eyes growth opportunities in the drybulk sector.

Safe Bulkers reports strong Q4 performance amidst market opportunities

Safe Bulkers' Q4 2023 earnings call highlighted solid financial performance, market insights, and global economic projections.
The company's strengths lie in strong liquidity, operational efficiency, and strategic financial planning for future growth.
Challenges include market volatility, regulatory uncertainties, and strategic decision-making amidst changing economic conditions.
Opportunities for Safe Bulkers include leveraging its financial strength for growth initiatives and capitalizing on positive market conditions.

Safe Bulkers reports strong Q1 performance and eyes growth opportunities

Safe Bulkers' Q1 2024 earnings call showcased a strong performance, emphasizing fleet modernization and market updates. The company faces challenges in optimizing capital allocation and managing operating expenses but has opportunities for growth through fleet renewal and market exploration.

Safe Bulkers reports strong Q2 earnings, eyes sustainability initiatives

Safe Bulkers delivered a strong performance in Q2 2024 with increased revenues and solid liquidity.
The company's focus on sustainability and fleet upgrades positions it well for long-term success.
Challenges in investing in Capesize vessels and market dynamics require careful navigation for future growth.

Safe Bulkers reports resilient Q3 performance amidst market challenges

Safe Bulkers navigated market challenges well in Q3, leveraging its strong fleet and financial position. While facing uncertainties, the company remains well-positioned for growth and compliance with environmental standards.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

MONACO, Jan.  16, 2020  (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company has entered into sale and leaseback agreements with respect to eight vessels.  The proceeds from the sale and leaseback agreements are being used to refinance loan facilities of $105.2 million with terms expiring between 2023 and 2025 and for general corporate purposes.

Safe Bulkers, Inc. Refinances $105.2 Million of Existing Loan Facilities

MONACO, Jan.  09, 2020  (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company has entered into a Service Agreement (the “Agreement”) with Alfa Laval to minimize down time, enhance regulatory compliance and safeguard scrubber performance over the life-time of the vessel. The Agreement provides for a flat yearly fee, lifecycle-oriented services from the Alfa Laval PureSOx 360° Service Portfolio, including remote monitoring of scrubber performance through connectivity module, service kits, minimum inventory of genuine Alfa Laval spares parts on board and ashore for remote trouble-shooting and sensor calibration by exchange. In addition, the Agreement provides for training of Company’s crew members and superintendents at the Alfa Laval PureSox training center in Shaghai, China.

Safe Bulkers, Inc. Enters into a Scrubber Service Agreement with Alfa Laval

Let's see if Safe Bulkers, Inc. (SB) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Is Safe Bulkers (SB) a Suitable Stock for Value Investors?

Safe Bulkers, Inc. (SB) CEO Polys Hajioannou on Q3 2019 - Earnings Call Transcript

Safe Bulkers (SB) delivered earnings and revenue surprises of -40.00% and -3.16%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Safe Bulkers (SB) Q3 Earnings and Revenues Miss Estimates

MONACO, Oct.  04, 2019  (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:

Safe Bulkers, Inc. Declares Quarterly Dividend on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares

MONACO, Sept.  23, 2019  (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.

Safe Bulkers, Inc. Announces Election of Class II Directors at 2019 Annual Meeting of Stockholders

Safe Bulkers, Inc. (SB) CEO Polys Hajioannou on Q2 2019 - Earnings Call Transcript

MONACO, Sept.  03, 2019  (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 months period ended June 30, 2019.

Safe Bulkers, Inc. Reports Second Quarter and Six Months 2019 Results

Safe Bulkers (SB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Safe Bulkers (SB) Earnings Expected to Grow: Should You Buy?

AK Steel Holding

Advanced Semiconductor Engineering

Comstock Resources

MFA Financial

Northern Oil and Gas

Prospect Capital

Smart Sand

SRC Energy

Extraction Oil & Gas

The markets are perking up, but valuations are still extended. At times like this investors can look to stocks under $10.

11 Stocks Under $10 to Buy Now

Safe Bulkers Inc. (SB) CEO Polys Hajioannou on Q1 2019 Results - Earnings Call Transcript

The popular rating by analysts on Safe Bulkers stock is a Neutral.

Safe Bulkers Q1 Earnings Preview

News for Safe Bulkers Stock (SB)