SB Share Price | Safe Bulkers, Inc. Stock Analysis & Recommendation

Q: Is Safe Bulkers, Inc. overvalued or undervalued?

As of 27 May 2025, the valuation grade for Safe Bulkers, Inc. moved from expensive to very attractive, indicating a significant improvement in its perceived value. The company appears undervalued based on its current metrics, with a P/E ratio of 5, a Price to Book Value of 0.47, and an EV to EBITDA of 5.16. In comparison to peers, Safe Bulkers has a lower P/E ratio than Genco Shipping & Trading Ltd., which stands at 46.00, and a more favorable EV to EBITDA ratio compared to Eagle Bulk Shipping, Inc. at 10.66.The recent stock performance shows that Safe Bulkers has outperformed the S&P 500 over the year-to-date period, returning 29.41% compared to the S&P 500's 12.22%. This reinforces the notion that the stock is currently undervalued, particularly in light of its attractive valuation ratios and strong relative performance.

Q: Is Safe Bulkers, Inc. technically bullish or bearish?

As of 4 September 2025, the technical trend for Safe Bulkers, Inc. has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting the positive trend. Bollinger Bands also indicate a bullish stance on both time frames. Daily moving averages are bullish, while the KST shows a mixed signal with a bullish weekly and bearish monthly. Dow Theory reflects a mildly bullish sentiment in both weekly and monthly assessments. The OBV shows no trend weekly but is mildly bullish monthly.In terms of performance, Safe Bulkers has outperformed the S&P 500 over the year-to-date (29.41% vs. 12.22%) and over the last five years (305.26% vs. 96.61%), although it has underperformed over the past year (-3.55% vs. 17.14%). Overall, the current technical stance is bullish, with strong indicators supporting this outlook.

Q: What does Safe Bulkers, Inc. do?

Overview:Safe Bulkers, Inc. is a holding company engaged in the acquisition, ownership, and operation of drybulk vessels within the transport services industry, categorized as a micro-cap company.Financial Snapshot:Most recent Net Sales: 64 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 7 Million (Quarterly Results - Mar 2025) Market-cap: USD 390.82 Million (Micro Cap)Key Metrics:P/E: 5.00 Dividend Yield: 4.57% Debt Equity: 0.48 Return on Equity: 9.46% Price to Book: 0.47 Contact Details:Address: Apt. D11, Les Acanthes, 6, Avenue Des Citronniers MONACO None : MC98000 Tel: 1 212 6617566 Website: http://www.safebulkers.com

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

528.41 k

Shareholding (Mar 2026)

FII

5.28%

Held by 48 FIIs

DII

94.71%

Held by 15 DIIs

Promoter

0.01%

Is Safe Bulkers, Inc. overvalued or undervalued?

20-Sep-2025

As of May 27, 2025, Safe Bulkers, Inc. is considered very attractive due to its undervalued metrics, including a P/E ratio of 5 and an EV to EBITDA of 5.16, while outperforming the S&P 500 with a 29.41% return year-to-date.

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Is Safe Bulkers, Inc. technically bullish or bearish?

20-Sep-2025

As of September 4, 2025, Safe Bulkers, Inc. shows a bullish technical trend supported by positive MACD and Bollinger Bands indicators, despite mixed signals from the KST and a recent underperformance compared to the S&P 500 over the past year.

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How big is Safe Bulkers, Inc.?

22-Jun-2025

As of Jun 18, Safe Bulkers, Inc. has a market capitalization of 390.82 million, with net sales of 290.31 million and net profit of 79.33 million over the latest four quarters. Shareholder's funds are 831.62 million, and total assets amount to 1,403.10 million.

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What does Safe Bulkers, Inc. do?

22-Jun-2025

Safe Bulkers, Inc. is a holding company that acquires, owns, and operates drybulk vessels in the transport services industry. As of March 2025, it reported net sales of $64 million and a net profit of $7 million, with a market cap of $390.82 million.

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Who are in the management team of Safe Bulkers, Inc.?

22-Jun-2025

As of March 2022, the management team of Safe Bulkers, Inc. includes Mr. Polys Hajioannou (Chairman and CEO), Dr. Loukas Barmparis (President and Secretary), Mr. Konstantinos Adamopoulos (CFO), Mr. Ioannis Foteinos (COO), and three Independent Directors: Mr. Christos Megalou, Mr. Frank Sica, and Mr. Ole Wikborg. They oversee the company's strategic direction and management.

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Compare Safe Bulkers, Inc. with Similar Stocks

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Poor Management Efficiency with a low ROCE of 11.01%

The company has been able to generate a Return on Capital Employed (avg) of 11.01% signifying low profitability per unit of total capital (equity and debt)

Negative results in Jun 25

With ROCE of 7.68%, it has a very attractive valuation with a 0.64 Enterprise value to Capital Employed

Mojo Parameters

Stock DNA

Industry

Transport Services

Market cap

USD 622 Million (Micro Cap)

P/E

20.00

Industry P/E

Dividend Yield

2.87%

Debt Equity

0.46

Return on Equity

3.76%

Price to Book

0.75

Revenue and Profits:

Net Sales:

74 Million

(Quarterly Results - Mar 2026)

Net Profit:

22 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

7.03%

6 Months

38.72%

1 Year

74.48%

2 Years

18.58%

3 Years

100.0%

4 Years

64.62%

5 Years

73.13%

Safe Bulkers, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

6.83%

EBIT Growth (5y)

44.21%

EBIT to Interest (avg)

5.22

Debt to EBITDA (avg)

2.66

Net Debt to Equity (avg)

0.48

Sales to Capital Employed (avg)

0.22

Tax Ratio

Dividend Payout Ratio

67.43%

Pledged Shares

Institutional Holding

35.30%

ROCE (avg)

11.01%

ROE (avg)

13.67%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.75

EV to EBIT

15.36

EV to EBITDA

8.01

EV to Capital Employed

0.83

EV to Sales

3.64

PEG Ratio

Dividend Yield

2.87%

ROCE (Latest)

5.39%

ROE (Latest)

3.76%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

No Trend

OBV

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 36 Schemes (10.23%)

Foreign Institutions

Held by 48 Foreign Institutions (5.28%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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          "field": "Interest",
          "val1": "7.30",
          "val2": "8.30",
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          "val1": "-0.80",
          "val2": "-0.10",
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          "field": "Consolidate Net Profit",
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        "dir": -1
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    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
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          "val1": "125.20",
          "val2": "170.00",
          "chgp": "-26.35%",
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        {
          "field": "Interest",
          "val1": "33.80",
          "val2": "34.90",
          "chgp": "-3.15%",
          "chgp_class": "positive"
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          "val1": "7.30",
          "val2": "-3.70",
          "chgp": "297.30%",
          "chgp_class": "positive"
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          "field": "Consolidate Net Profit",
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Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

74.40

72.60

2.48%

Operating Profit (PBDIT) excl Other Income

40.90

33.70

21.36%

Interest

7.30

8.30

-12.05%

Exceptional Items

-0.80

-0.10

-700.00%

Consolidate Net Profit

22.20

11.80

88.14%

Operating Profit Margin (Excl OI)

355.90%

257.90%

9.80%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 2.48% vs -0.68% in Dec 2025

Consolidated Net Profit

QoQ Growth in quarter ended Mar 2026 is 88.14% vs -33.71% in Dec 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

275.70

307.60

-10.37%

Operating Profit (PBDIT) excl Other Income

125.20

170.00

-26.35%

Interest

33.80

34.90

-3.15%

Exceptional Items

7.30

-3.70

297.30%

Consolidate Net Profit

38.60

97.40

-60.37%

Operating Profit Margin (Excl OI)

237.10%

363.70%

-12.66%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2025 is -10.37% vs 8.16% in Dec 2024

Consolidated Net Profit

YoY Growth in year ended Dec 2025 is -60.37% vs 25.84% in Dec 2024

All Annual Results

Company CV

About Safe Bulkers, Inc.

Safe Bulkers, Inc.

Transport Services

Safe Bulkers, Inc. is a holding company. The Company's principal business is the acquisition, ownership and operation of drybulk vessels. The Company's vessels operate across the world, carrying drybulk cargo for the consumers of marine drybulk transportation services. The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along shipping routes across the world. As of February 17, 2017 the Company's fleet included 38 vessels, of which 14 are Panamax class vessels, nine are Kamsarmax class vessels, 12 are Post-Panamax class vessels and three are Capesize class vessels, with an aggregate carrying capacity of 3,421,800 deadweight tonnage (dwt). The Company's fleet of Post-Panamax vessels includes Marina, Xenia, Sophia, Eleni, Martine, Andreas K, Panayiota K, Venus Heritage, Venus History, Venus Horizon and Troodos Sun. Its fleet of Capesize vessels includes Kanaris, Pelopidas and Lake Despina.

Company Coordinates

Company Details

Apt. D11, Les Acanthes, 6, Avenue Des Citronniers MONACO None : MC98000

Tel: 1 212 6617566

http://www.safebulkers.com

Registrar Details