Last $8.77 USD
Change Today +0.19 / 2.21%
Volume 312.6K
SB On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

safe bulkers inc (SB) Snapshot

Open
$8.60
Previous Close
$8.58
Day High
$8.80
Day Low
$8.46
52 Week High
03/7/14 - $11.48
52 Week Low
10/9/13 - $6.21
Market Cap
731.8M
Average Volume 10 Days
431.6K
EPS TTM
$0.63
Shares Outstanding
83.4M
EX-Date
08/15/14
P/E TM
13.9x
Dividend
$0.24
Dividend Yield
2.74%
Current Stock Chart for SAFE BULKERS INC (SB)

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safe bulkers inc (SB) Details

Safe Bulkers, Inc. provides marine dry bulk transportation services worldwide. The company is involved in the acquisition, ownership, and operation of dry bulk vessels for transporting bulk cargoes, primarily coal, grain, and iron ore. As of February 25, 2014, it had a fleet of 30 dry bulk vessels with an aggregate carrying capacity of 2,786,600 deadweight tons. Safe Bulkers, Inc. was incorporated in 2007 and is based in Athens, Greece.

5 Employees
Last Reported Date: 03/5/14
Founded in 2007

safe bulkers inc (SB) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

safe bulkers inc (SB) Key Developments

Safe Bulkers, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Safe Bulkers, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net revenues of $41,443,000 against $37,178,000 a year ago. Operating income was $24,723,000 against $5,719,000 a year ago. Net income available to common shareholders was $24,423,000 or $0.32 per share against $573,000 or $0.01 per share a year ago. EBITDA was $36,106,000 against $15,129,000 a year ago. Adjusted EBITDA was $26,593,000 against $16,285,000 a year ago. Adjusted net income available to common shareholders was $14,910,000 or $0.19 per share against $1,729,000 or $0.02 per share a year ago. Net revenues decreased by 10% as compared to the same period in 2013, mainly due to a decrease in time charter rates. For the six months, the company reported net revenues of $85,668,000 against $78,521,000 a year ago. Operating income was $43,522,000 against $19,889,000 a year ago. Net income available to common shareholders was $40,492,000 or $0.53 per share against $11,005,000 or $0.13 per share a year ago. EBITDA was $63,624,000 against $38,863,000 a year ago. Adjusted EBITDA was $54,012,000 against $37,403,000 a year ago. Adjusted net income available to common shareholders was $30,880,000 or $0.40 per share against $9,545,000 or $0.11 per share a year ago.

Safe Bulkers, Inc. Declares Quarterly Dividend for the Second Quarter Ended June 30, 2014

Safe Bulkers, Inc. declared a quarterly dividend of $0.06 per share of common stock for the second quarter of 2014.

Safe Bulkers, Inc. to Report Q2, 2014 Results on Jul 29, 2014

Safe Bulkers, Inc. announced that they will report Q2, 2014 results After-Market on Jul 29, 2014

 

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Industry Analysis

SB

Industry Average

Valuation SB Industry Range
Price/Earnings 13.6x
Price/Sales 4.1x
Price/Book 1.0x
Price/Cash Flow 7.6x
TEV/Sales 0.0x
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