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Safe Bulkers - SB Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $6.00
  • Forecasted Upside: 7.43%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$5.59 As of 05/17/2024 01:00 AM ET
+0 (0.00%)

This chart shows the closing price for SB by one month, three months, or twelve months.

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Analyst Price Target for SB

Analyst Price Target is $6.00
▲ +7.43% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Safe Bulkers in the last 3 months. The average price target is $6.00, with a high forecast of $6.00 and a low forecast of $6.00. The average price target represents a 7.43% upside from the last price of $5.59.

This chart shows the closing price for SB for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 investment analysts is to buy stock in Safe Bulkers. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/24/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/22/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/23/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/21/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/19/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/17/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/17/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/17/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/27/2024Jefferies Financial GroupUpgradeHold ➝ Buy$4.00 ➝ $6.00Low
2/16/2023Jefferies Financial GroupReiterated RatingHold$3.00Low
11/13/2022CitigroupLower Target$3.50 ➝ $2.85Low
9/26/2022Jefferies Financial GroupDowngradeBuy ➝ Hold$4.00Low
7/20/2022Jefferies Financial GroupInitiated CoverageBuy$5.00Low
4/27/2022Jefferies Financial GroupInitiated CoverageHold ➝ HoldHigh
9/13/2021HC WainwrightInitiated CoverageBuy$6.50High
5/6/2021Jefferies Financial GroupBoost TargetHold$3.00 ➝ $3.50Low
2/1/2021Stifel NicolausUpgradeHold ➝ Buy$1.50 ➝ $3.00Low
1/29/2021Jefferies Financial GroupDowngradeBuy ➝ Hold$1.50 ➝ $1.75High
10/23/2020Jefferies Financial GroupLower TargetBuy$1.75 ➝ $1.50Medium
10/19/2020Stifel NicolausLower TargetHold$1.75 ➝ $1.50High
8/10/2020Jefferies Financial GroupReiterated RatingBuyHigh
7/29/2020DNB MarketsUpgradeHold ➝ Buy$1.50High
3/2/2020CitigroupLower TargetSell$1.25 ➝ $0.40Medium
(Data available from 5/18/2019 forward)

News Sentiment Rating

0.90 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2023
  • 5 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2023
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/19/2024
  • 11 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/18/2024
  • 4 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/19/2024
  • 5 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/18/2024
  • 6 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/18/2024

Current Sentiment

  • 6 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Safe Bulkers logo
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. The company has a fleet of 47 drybulk vessels having an aggregate carrying capacity of 4,719,600 deadweight tons. Its fleet consists of 10 Panamax class vessels, 11 Kamsarmax class vessels, 18 post-Panamax class vessels, and 8 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.
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Today's Range

Now: $5.59
Low: $5.56
High: $5.64

50 Day Range

MA: $5.04
Low: $4.71
High: $5.58

52 Week Range

Now: $5.59
Low: $2.97
High: $5.64

Volume

332,426 shs

Average Volume

794,591 shs

Market Capitalization

$596.28 million

P/E Ratio

8.21

Dividend Yield

3.62%

Beta

0.99

Frequently Asked Questions

What sell-side analysts currently cover shares of Safe Bulkers?

The following Wall Street analysts have issued reports on Safe Bulkers in the last year: Jefferies Financial Group Inc., and StockNews.com.
View the latest analyst ratings for SB.

What is the current price target for Safe Bulkers?

1 Wall Street analysts have set twelve-month price targets for Safe Bulkers in the last year. Their average twelve-month price target is $6.00, suggesting a possible upside of 7.4%. Jefferies Financial Group Inc. has the highest price target set, predicting SB will reach $6.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $6.00 for Safe Bulkers in the next year.
View the latest price targets for SB.

What is the current consensus analyst rating for Safe Bulkers?

Safe Bulkers currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SB will outperform the market and that investors should add to their positions of Safe Bulkers.
View the latest ratings for SB.

What other companies compete with Safe Bulkers?

Other companies that are similar to Safe Bulkers include Eagle Bulk Shipping, Overseas Shipholding Group, Teekay, Pangaea Logistics Solutions and SEACOR Marine. Learn More about companies similar to Safe Bulkers.

How do I contact Safe Bulkers' investor relations team?

Safe Bulkers' physical mailing address is APT. D11 LES ACANTHES 6 AVENUE DES CITRONNIERS, MONACO O9, MC98000. The shipping company's listed phone number is 377302111888400 and its investor relations email address is [email protected]. The official website for Safe Bulkers is www.safebulkers.com. Learn More about contacing Safe Bulkers investor relations.