safe bulkers inc (SB:New York)
safe bulkers inc (SB) Key Developments
Safe Bulkers, Inc. Presents at Morgan Stanley Shipping Conference, Jun-18-2013 .
Safe Bulkers, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net revenues of $44,227,000 against $44,072,000 a year ago. Operating income was $18,800,000 against $25,009,000 a year ago. Net income was $16,069,000 against $21,614,000 a year ago. Earnings per share was $0.21 against $0.30 a year ago. Adjusted net income was $15,970,000 against $22,865,000 a year ago. EBITDA was $27,519,000 against $30,690,000 a year ago. Adjusted EBITDA was $27,420,000 against $31,941,000 a year ago. Earnings per share were $0.21 against $0.30 a year ago. Adjusted earnings per share were $0.21 against $0.32 a year ago. The company board of directors declared a cash dividend on the company's common stock of $0.05 per share payable on or about June 7, 2013 to shareholders of record at the close of trading of the company's common stock on the New York Stock Exchange on May 27, 2013.
Safe Bulkers, Inc. announced that they will report Q1, 2013 results at 5:00 PM, GTB Standard Time on May 15, 2013
Safe Bulkers, Inc., Q1 2013 Earnings Call, May 16, 2013
Safe Bulkers, Inc., Annual General Meeting, Jun 03, 2013., at 12:00 US Eastern Standard Time. Location: 30-32 Avenue Karamanli. Agenda: To elect two Class II directors to hold office until the annual meeting of stockholders in 2016 and until their respective successors have been duly elected and qualified; to ratify the appointment of independent auditors; and to transact such other business as may properly come before the 2013 Annual Meeting of Stockholders and any adjournments or postponements thereof.

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Industry Analysis
SB
Industry Average
| Valuation | SB | Industry Range |
| Price/Earnings | 4.5x |
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| Price/Sales | 2.2x |
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| Price/Book | 0.9x |
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| Price/Cash Flow | 3.3x |
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| TEV/Sales | NM | Not Meaningful |
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