YOLFTbeta
Safe Bulkers Inc

Safe Bulkers Inc

SB-PD · NYSE · Industrials / Marine Shipping

25.48USD+0.01 (+0.04%)

Price History

Full chart

Market Stats

Previous Close25.47
Open25.48
Day Range25.48 – 25.48
52-Week Range23.69 – 26.59
Volume1.76K
Market Cap186.14M
P/E (TTM)17.37
Forward P/E0.00
EPS1.51
Dividend Yield7.77%
Beta0.85
50-Day Avg25.98
200-Day Avg26.10

About

Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services internationally. The company owns and operates a fleet of dry bulk vessels for transporting bulk cargoes comprising coal, grain, and iron ore. Its fleet consists of 45 vessels, including 8 Panamax class vessels, 12 Kamsarmax class vessels, 17 post-Panamax class vessels, and 8 Capesize class vessels with an aggregate carrying capacity of 4,559,000 deadweight tons. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.

Company Details

  • SectorIndustrials
  • IndustryMarine Shipping
  • CEOMr. Polys Hajioannou
  • Employees10
  • HeadquartersLes Acanthes, Monaco, Monaco, 98000, USA
  • Websitehttps://www.safebulkers.com

Leadership

  • Mr. Polys HajioannouChairman & CEO · b. 1967
  • Dr. Loukas BarmparisPresident, Secretary & Director · b. 1963
  • Mr. Konstantinos AdamopoulosCFO, Treasurer & Director · b. 1963
  • Mr. Ioannis FoteinosCOO & Director · b. 1959

Financials

Income Statement

Currency: USD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue95.31M165.85M200.77M164.61M157.02M168.91M184.30M186.72M154.09M127.32M109.77M148.03M193.19M197.76M198.16M329.03M349.72M284.40M307.63M275.74M
Growth (%)-+74.01%+21.06%-18.01%-4.61%+7.57%+9.11%+1.32%-17.47%-17.38%-13.78%+34.85%+30.51%+2.37%+0.20%+66.04%+6.29%-18.68%+8.17%-10.37%
Cost of Revenue-22.19M28.50M34.10M43.41M51.48M74.08M89.56M113.15M120.46M106.68M108.15M117.96M132.59M165.94M134.17M139.70M165.00M167.46M176.68M
Gross Profit95.31M143.66M172.27M130.51M113.61M117.43M110.22M97.16M40.95M6.86M3.09M39.88M75.23M65.17M32.22M194.87M210.02M119.41M140.17M99.06M
Gross Margin100.00%86.62%85.80%79.29%72.35%69.52%59.81%52.03%26.57%5.39%2.81%26.94%38.94%32.95%16.26%59.22%60.05%41.98%45.56%35.93%
Operating Expense-12.82M25.09M8.61M7.05M7.02M8.70M9.95M11.36M17.33M16.05M15.38M16.12M19.24M20.64M21.50M22.50M25.37M25.63M28.30M29.85M
Operating Income108.13M118.56M163.66M123.46M106.59M108.73M100.27M85.80M23.61M-9.19M-12.29M23.76M55.99M44.53M10.72M172.37M184.65M93.77M111.87M69.21M
Operating Margin113.45%71.49%81.52%75.00%67.88%64.37%54.41%45.95%15.33%-7.22%-11.20%16.05%28.98%22.52%5.41%52.39%52.80%32.97%36.37%25.10%
EBITDA92.22M227.01M146.22M189.75M135.74M119.21M138.67M130.99M68.66M13.87M17.89M-7.57M104.23M95.72M64.96M245.13M242.57M159.42M190.46M132.25M
EBITDA Margin96.76%136.88%72.83%115.28%86.45%70.58%75.24%70.15%44.56%10.90%16.30%-5.12%53.95%48.40%32.78%74.50%69.36%56.06%61.91%47.96%
Net Income97.22M209.20M119.21M165.41M109.65M89.73M96.12M83.26M14.63M-47.94M-55.97M-84.68M27.68M16.04M-12.90M174.35M172.55M77.35M97.38M38.56M
Net Income Margin102.01%126.14%59.38%100.49%69.83%53.13%52.16%44.59%9.50%-37.66%-50.98%-57.20%14.33%8.11%-6.51%52.99%49.34%27.20%31.65%13.99%
R&D---------0000-------
R&D as % of Total Revenue---------0.00%0.00%0.00%0.00%-------
Interest Expense6.14M8.22M16.39M10.45M6.42M5.84M10.30M10.34M10.94M14.69M24.37M25.68M28.48M29.37M23.60M18.41M20.50M27.94M34.95M33.80M
Interest Expense % of Total Revenue6.44%4.96%8.16%6.35%4.09%3.46%5.59%5.54%7.10%11.53%22.20%17.35%14.74%14.85%11.91%5.60%5.86%9.83%11.36%12.26%

Balance Sheet

Currency: USD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets535.78M407.66M482.28M628.72M805.37M877.27M1.08B1.11B1.18B1.31B1.17B1.04B1.08B1.11B1.11B1.09B1.25B1.34B1.40B1.40B
Total Liabilities306.73M353.26M517.83M531.50M561.24M545.43M656.36M533.88M482.23M675.49M595.22M578.75M593.37M624.70M642.77M415.08M474.00M547.30M571.48M572.48M
Total Equity229.05M54.40M-35.55M97.22M244.13M331.84M425.86M578.34M700.10M634.15M578.54M456.35M482.83M489.94M462.86M679.24M771.92M792.51M831.62M830.71M
Cash--60.33M24.83M65.33M28.12M125.52M71.42M118.25M195.25M82.81M47.86M52.19M78.94M93.44M101.00M50.19M50.21M84.08M153.15M
Total Debt142.73M322.89M468.29M436.74M494.74M484.29M615.67M508.30M469.57M646.87M581.96M567.40M574.69M601.05M607.67M377.65M414.36M507.92M536.64M540.14M
Net Debt142.73M322.89M407.96M411.91M429.41M456.17M490.14M436.87M351.32M451.62M499.14M519.54M522.50M522.11M514.23M276.65M364.18M457.71M452.56M387.00M

Cash Flow

Currency: USD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-12.81M278.51M259.60M211.34M118.15M107.19M105.06M100.59M43.73M25.52M13.50M49.20M85.45M58.28M63.38M217.20M218.00M122.21M130.46M102.29M
Investing Cash Flow-33.84M88.42M-148.22M-191.86M-131.71M-125.89M-158.15M-100.34M-67.01M-182.18M21.30M-38.20M-63.67M-36.78M-34.78M8.60M-229.40M-151.73M-71.73M9.70M
Financing Cash Flow46.64M-366.92M-83.67M-28.74M60.14M-18.51M127.68M-38.30M65.92M180.09M-83.90M-46.70M-15.58M8.54M-9.29M-225.90M-40.10M29.14M-25.86M-52.37M
Capital Expenditure0089.57M131.47M192.42M160.97M136.84M118.89M146.30M123.54M58.37M59.94M45.93M39.24M50.44M109.23M183.28M209.10M144.78M41.99M
Free Cash Flow-12.81M278.51M170.03M79.86M-74.27M-53.78M-31.78M-18.30M-102.57M-98.02M-44.87M-10.74M39.52M19.04M12.93M107.97M34.72M-86.90M-14.32M60.30M
Dividends Paid-383.85M209.24M32.71M37.82M41.78M37.46M17.74M25.91M17.54M14.05M12.32M11.39M11.49M11.50M11.20M33.63M30.68M29.50M28.61M
FCF to OCF100.00%100.00%65.50%37.79%-62.86%-50.17%-30.25%-18.19%-234.54%-384.06%-332.39%-21.84%46.25%32.67%20.41%49.71%15.93%-71.11%-10.97%58.95%
Dividend Paid to FCF-137.83%123.06%40.95%-50.92%-77.69%-117.88%-96.95%-25.27%-17.89%-31.31%-114.64%28.82%60.36%88.90%10.37%96.84%-35.30%-206.06%47.45%

Earnings

Report DateAug 11, 2008Nov 3, 2008Feb 9, 2009May 21, 2009Sep 8, 2009Nov 3, 2009Feb 9, 2010May 10, 2010Jul 27, 2010Nov 8, 2010Feb 9, 2011May 3, 2011Jul 21, 2011Oct 17, 2011Feb 14, 2012May 8, 2012Aug 6, 2012Nov 14, 2012Feb 20, 2013May 15, 2013Aug 21, 2013Nov 4, 2013Feb 26, 2014May 28, 2014Jul 29, 2014Nov 5, 2014Feb 26, 2015Jun 8, 2015Jul 30, 2015Nov 9, 2015Feb 10, 2016Jun 2, 2016Jul 28, 2016Oct 31, 2016Feb 23, 2017May 18, 2017Jul 26, 2017Oct 31, 2017Feb 14, 2018May 31, 2018Jul 25, 2018Nov 7, 2018Feb 19, 2019May 28, 2019Sep 3, 2019Oct 24, 2019Feb 26, 2020Jun 8, 2020Aug 4, 2020
EPS Estimate0.610.660.650.640.590.460.450.440.390.390.390.380.350.340.350.300.300.290.280.200.190.130.180.100.080.020.02-0.02-0.09-0.06-0.09-0.17-0.16-0.15-0.10-0.09-0.04-0.05-0.010.020.050.060.080.010.020.050.05-0.10-0.09
EPS Actual0.680.760.610.620.580.460.450.410.410.390.400.410.360.370.340.320.310.300.270.210.190.160.380.100.02-0.030.01-0.10-0.09-0.12-0.13-0.21-0.15-0.15-0.09-0.07-0.07-0.050.020.030.020.050.070.03-0.010.030.01-0.13-0.16
Surprise11.48%15.15%-6.15%-3.13%-1.69%0.00%0.00%-6.82%5.13%0.00%2.56%7.89%2.86%8.82%-2.86%6.67%3.33%3.45%-3.57%5.00%0.00%23.08%111.11%0.00%-75.00%-250.00%-50.00%-400.00%0.00%-100.00%-44.44%-23.53%6.25%0.00%10.00%22.22%-75.00%0.00%300.00%50.00%-60.00%-16.67%-12.50%200.00%-150.00%-40.00%-80.00%-30.00%-77.78%
Timing-------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap186.14M
Enterprise Value3.04B
Trailing P/E17.37
Forward P/E0.00
Price / Sales0.68
Price / Book0.00
EPS1.51
Book Value8.55
Revenue (TTM)307.50M
Gross Profit (TTM)195.70M
EBITDA161.32M
Profit Margin28.29%
Operating Margin41.06%
Return on Equity10.32%
Return on Assets4.51%
Shares Outstanding101.56M
Shares Float51.07M
Beta0.85
Dividend Yield7.77%
Dividend Rate2.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
0.10%
Insiders
0.19%
Retail / Other
99.71%

Top Institutional Holders

  • RMG Wealth Management LLC
    00.00%

Dividends

20264×
0.50Oct 16, 20260.50Jul 17, 20260.50Apr 17, 20260.50Jan 16, 2026
20254×
0.50Oct 16, 20250.50Jul 18, 20250.50Apr 17, 20250.50Jan 17, 2025
20244×
0.50Oct 18, 20240.50Jul 19, 20240.50Apr 17, 20240.50Jan 18, 2024
20234×
0.50Oct 17, 20230.50Jul 19, 20230.50Apr 19, 20230.50Jan 19, 2023
20224×
0.50Oct 20, 20220.50Jul 21, 20220.50Apr 19, 20220.50Jan 19, 2022
20214×
0.50Oct 21, 20210.50Jul 22, 20210.50Apr 22, 20210.50Jan 21, 2021