Safe Bulkers (NYSE:SB) Sets New 52-Week High – Should You Buy?

Posted by Stanley Muller on Jul 27th, 2026

Safe Bulkers, Inc (NYSE:SB – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $7.80 and last traded at $7.60, with a volume of 49087 shares changing hands. The stock had previously closed at $7.67.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Safe Bulkers from a “buy” rating to a “strong-buy” rating in a report on Monday, June 29th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $6.00.

View Our Latest Stock Analysis on SB

Safe Bulkers Stock Down 1.6%

The company has a debt-to-equity ratio of 0.46, a current ratio of 1.37 and a quick ratio of 1.37. The company has a market capitalization of $771.55 million, a PE ratio of 16.74 and a beta of 0.84. The business has a 50-day moving average of $6.76 and a 200 day moving average of $6.36.

Safe Bulkers (NYSE:SB – Get Free Report) last announced its quarterly earnings results on Wednesday, June 17th. The shipping company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.08. The company had revenue of $74.39 million during the quarter, compared to analyst estimates of $65.50 million. Safe Bulkers had a return on equity of 6.45% and a net margin of 18.73%.

Safe Bulkers Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.06 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.2%. This is an increase from Safe Bulkers’s previous quarterly dividend of $0.05. Safe Bulkers’s dividend payout ratio is currently 53.33%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. raised its stake in Safe Bulkers by 77.7% during the first quarter. PNC Financial Services Group Inc. now owns 4,917 shares of the shipping company’s stock valued at $31,000 after purchasing an additional 2,150 shares in the last quarter. Tidal Investments LLC grew its stake in shares of Safe Bulkers by 5.9% in the 2nd quarter. Tidal Investments LLC now owns 43,299 shares of the shipping company’s stock worth $156,000 after buying an additional 2,423 shares in the last quarter. DGS Capital Management LLC grew its stake in shares of Safe Bulkers by 17.3% in the 1st quarter. DGS Capital Management LLC now owns 20,918 shares of the shipping company’s stock worth $132,000 after buying an additional 3,079 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Safe Bulkers by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 116,912 shares of the shipping company’s stock worth $588,000 after buying an additional 3,148 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Safe Bulkers by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 765,593 shares of the shipping company’s stock worth $3,399,000 after buying an additional 4,300 shares during the last quarter. 21.69% of the stock is owned by hedge funds and other institutional investors.

About Safe Bulkers

(Get Free Report)

Safe Bulkers Inc (NYSE: SB) is a dry bulk shipping company engaged in the ocean transport of commodities such as iron ore, coal, grain, and fertilizers. The company operates a modern fleet of vessels, including Panamax, Supramax and Kamsarmax bulk carriers, designed to serve a variety of trade routes and cargo types. Safe Bulkers’ fleet is employed under both time charter and voyage charter arrangements, offering flexibility to respond to market demand and optimize vessel utilization.

Founded in 2008, Safe Bulkers began trading its shares on the New York Stock Exchange in the same year, establishing itself as a publicly listed provider of dry bulk transportation services.