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Safe Bulkers, Inc (SB) Is Down -0.56% in 2025 With Lots of Room to Run

Safe Bulkers, Inc (NYSE: SB) is -0.56% lower on its value in year-to-date trading and has touched a low of $3.31 and a high of $6.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SB stock was last observed hovering at around $3.61 in the last trading session, with the day’s loss setting it -0.06%.

Currently trading at $3.55, the stock is 1.89% and -3.71% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.14 million and changing -1.66% at the moment leaves the stock -25.43% off its SMA200. SB registered -14.04% loss for a year compared to 6-month loss of -29.84%. The firm has a 50-day simple moving average (SMA 50) of $3.6866 and a 200-day simple moving average (SMA200) of $4.7607.

The stock witnessed a 2.01% gain in the last 1 month and extending the period to 3 months gives it a -16.67%, and is 5.03% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.42% over the week and 3.39% over the month.

Safe Bulkers, Inc (SB) has around 1102 employees, a market worth around $379.04M and $318.43M in sales. Current P/E ratio is 3.96 and Fwd P/E is 6.67. Profit margin for the company is 30.66%. Distance from 52-week low is 7.25% and -43.92% from its 52-week high. The company has generated returns on investments over the last 12 months (7.78%).

The EPS is expected to grow by 23.85% this year.

Safe Bulkers, Inc (SB) Top Institutional Holders

The shares outstanding are 106.77M, and float is at 58.39M with Short Float at 2.74%.

The top institutional shareholder in the company is BLACKROCK INC. with over 3.62 million shares valued at $21.07 million. The investor’s holdings represent 3.2798% of the SB Shares outstanding. As of 2024-06-30, the second largest holder is RENAISSANCE TECHNOLOGIES LLC with 3.31 million shares valued at $19.27 million to account for 2.9989 of the shares outstanding. The other top investors are ACADIAN ASSET MANAGEMENT LLC which holds 2.28 million shares representing 2.0642% and valued at over $13.25 million, while AMERICAN CENTURY COMPANIES INC holds 1.599 of the shares totaling 1.77 million with a market value of $10.27 million.

Safe Bulkers, Inc (SB) Insider Activity

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