Safe Bulkers, Inc. provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 15, 2021, the company had a fleet of 43 drybulk vessels having an average age of 10.3 years; and an aggregate carrying capacity of 3,937,000 deadweight tons. Its fleet consisted of 15 Panamax class vessels, 10 Kamsarmax class vessels, 14 post- Panamax class vessels, and four Capesize class vessels. The company was incorporated in 2007 and is based in Monaco.
IPO Year: 2008
Exchange: NYSE
Website: safebulkers.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/27/2025 | $4.20 | Hold → Buy | DNB Markets |
| 2/27/2024 | $4.00 → $6.00 | Hold → Buy | Jefferies |
| 9/26/2022 | $5.00 → $4.00 | Buy → Hold | Jefferies |
| 7/21/2022 | $5.00 | Buy | Jefferies |
| 4/27/2022 | $4.50 | Hold | Jefferies |
| 9/13/2021 | $6.50 | Buy | H.C. Wainwright |
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DNB Markets upgraded Safe Bulkers from Hold to Buy and set a new price target of $4.20
Jefferies upgraded Safe Bulkers from Hold to Buy and set a new price target of $6.00 from $4.00 previously
Jefferies downgraded Safe Bulkers from Buy to Hold and set a new price target of $4.00 from $5.00 previously
Jefferies initiated coverage of Safe Bulkers with a rating of Buy and set a new price target of $5.00
Jefferies resumed coverage of Safe Bulkers with a rating of Hold and set a new price target of $4.50
H.C. Wainwright initiated coverage of Safe Bulkers with a rating of Buy and set a new price target of $6.50
Jefferies reiterated coverage of Safe Bulkers with a rating of Hold and set a new price target of $3.50 from $3.00 previously
Jefferies reiterated coverage of Safe Bulkers with a rating of Hold and set a new price target of $2.50 from $1.75 previously
Stifel upgraded Safe Bulkers from Hold to Buy and set a new price target of $3.00
Jefferies downgraded Safe Bulkers from Buy to Hold and set a new price target of $1.75 from $1.50 previously
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MONACO, June 02, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE/Euronext Athens: SB), an international provider of marine drybulk transportation services, is pleased to announce today that the Company's issued shares of common stock (i.e., all 101,826,580 dematerialized, registered voting shares of common stock, each with a par value of $0.001, issued by the Company) have commenced trading on Euronext Athens under the ticker symbol "SB" and ISIN code: MHY7388L1039. The Company's common stock will continue to be primarily listed on the New York Stock Exchange ("NYSE"), as will the Company's series C preferred stock and series D preferred stock (neither such class of prefe
MONACO, May 29, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today that the Company's 2025 Sustainability Report is available for download and can be accessed from its website using the link provided below. The 2025 Sustainability Report has been prepared in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines, 'in accordance with the GRI Standards', and the Sustainability Accounting Standards Board (SASB) recommendation for maritime transport, alongside additional indicators that are materially important to the Company and its stakeholders. The rep
MONACO, May 27, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, is pleased to announce that following ascertainment by Euronext Athens of the fulfilment of all listing requirements for a dual listing of Safe Bulkers' shares of common stock on the Main Market of Euronext Athens on May 26, 2026, the Board of Directors of the Hellenic Capital Market Commission has approved today the Company's prospectus for the admission to trading all of the Company's issued shares of common stock (i.e., all 101,826,580 dematerialized, registered voting shares of common stock, each with a par value of $0.001, issued b
MONACO, May 26, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, is pleased to announce today that, following today's session of its Listings and Market Operations Committee, Euronext Athens has confirmed that all listing requirements for a dual listing of Safe Bulkers' shares of common stock (ISIN code: MHY7388L1039) on the Main Market of Euronext are met, in accordance with Article 2, paragraph 4 of Law 3371/2005, subject to approval of a prospectus by the Hellenic Capital Markets Commission (the "HCMC"). The Company expects to announce the date on which trading will commence following approval of
MONACO, May 18, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine dry bulk transportation services, announced today that it has entered into agreements for the sale of two vessels: MV Xenia, a 2006 Japanese-built Post-Panamax dry bulk vessel, for a gross sale price of $13.0 million, and MV Pedhoulas Commander, a 2008 Japanese-built Kamsarmax dry bulk vessel, for a gross sale price of $14.7 million. Both vessels are expected to be delivered to their new owners with their scheduled dry-dockings due, upon completion of their current voyages. Dr. Loukas Barmparis, President of the Company, commented: "As part of our fleet renewal strate
MONACO, May 11, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine dry bulk transportation services, announced today that it has entered into recapitulation agreements for the acquisition of four Japanese newbuild dry bulk vessels. The three newbuild vessels are 82,000 dwt, Kamsarmax class, with scheduled delivery dates of two in the first half and one in the third quarter of 2029. One newbuild vessel is a 182,000 dwt Capesize class, with scheduled delivery date in the second half of 2029. The acquisitions for the three Kamsarmax class vessels are anticipated to be financed through the Company's cash reserves, with no external financ
NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- The 10th Capital Link Maritime Leaders Summit – Greece will take place on Monday, June 1, 2026, as an in-person event at the Athenaeum Intercontinental Athens. Held every two years, the Forum is organized in partnership with DNV and in cooperation with NASDAQ and NYSE, and is part of the Posidonia Week Conference Program. Attracting more than 1,000 delegates, the Summit brings together the leadership of Greek shipping alongside a global audience of shipowners, institutional investors, financiers, regulators, industry participants and international media who travel to Athens specifically to engage with the Greek maritime ecosystem. As one of the m
MONACO, April 15, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE:SB), an international provider of marine drybulk transportation services, announced today that on the recommendation of the Corporate Governance, Nominating and Compensation Committee, the Board of Directors of the Company (the "Board") voted to expand the size of the Board from nine to eleven directors and to appoint Jeffrey Bunzel and Vassilis Hajioannou to fill the new positions, with immediate effect. The Board has determined that Mr. Bunzel is independent for the purposes of NYSE independence standards and has appointed Mr. Bunzel to serve on the Corporate Governance, Nominating and Compensation Committe
MONACO, April 02, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares") (NYSE:SB) for the period from January 30, 2026 to April 29, 2026;a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the "Series D Preferred Shares") (NYSE:SB) for the period from January 30, 2026 to April 29, 2026. Each dividend will be paid on April 30, 2026 to all sha
MONACO, March 04, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. ("Safe Bulkers") (NYSE:SB), an international provider of marine drybulk transportation services, announced today that it has filed its 2025 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission (the "SEC"). The 2025 Annual Report on Form 20-F is available by link through the Company's website, www.safebulkers.com, under Investors and SEC Filings. Alternatively, shareholders may also receive a hard copy of the 2025 Annual Report on Form 20-F, free of charge, by request to Capital Link, using the contact details provided at the end of this press release. About Safe Bulkers, Inc. The Safe Bulkers is an int
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3 - SAFE BULKERS, INC. (0001434754) (Issuer)
3 - SAFE BULKERS, INC. (0001434754) (Issuer)
3 - SAFE BULKERS, INC. (0001434754) (Issuer)
3 - SAFE BULKERS, INC. (0001434754) (Issuer)
3 - SAFE BULKERS, INC. (0001434754) (Issuer)
3 - SAFE BULKERS, INC. (0001434754) (Issuer)
3 - SAFE BULKERS, INC. (0001434754) (Issuer)
3 - SAFE BULKERS, INC. (0001434754) (Issuer)
3 - SAFE BULKERS, INC. (0001434754) (Issuer)
3 - SAFE BULKERS, INC. (0001434754) (Issuer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
6-K - SAFE BULKERS, INC. (0001434754) (Filer)
Live Leadership Updates
MONACO, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced the election of three Class II directors at the Company's annual meeting of stockholders held in Monaco today. Dr. Loukas Barmparis, Marina Hajioannou, and Christos Megalou were elected Class II directors. The Class II directors were elected to hold office for a term ending at the annual meeting of stockholders in 2028 and until their respective successors have been duly elected and qualified. Stockholders also ratified the appointment of Deloitte, Certified Public Accountants S.A. as the Company's independent auditors for
MONACO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced the election of three Class I directors at the Company's annual meeting of stockholders held in Monaco today. Polys Hajioannou, Ioannis Foteinos and Ole Wikborg were elected Class I directors. The Class I directors were elected to hold office for a term ending at the annual meeting of stockholders in 2027 and until their respective successors have been duly elected and qualified. Stockholders also ratified the appointment of Deloitte, Certified Public Accountants S.A. as the Company's independent auditors for the fiscal ye
MONACO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced the election of three Class III directors at the Company's annual meeting of stockholders held in Monaco today. Konstantinos Adamopoulos, Kristin H. Holth and Frank Sica were elected Class III directors. The Class III directors were elected to hold office for a term ending at the annual meeting of stockholders in 2026 and until their respective successors have been duly elected and qualified. Stockholders also ratified the appointment of Deloitte, Certified Public Accountants S.A. as the Company's independent auditors for
MONACO, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced the election of two Class II directors at the Company's annual meeting of stockholders held in Monaco today. Loukas Barmparis and Christos Megalou were elected Class II directors. The Class II directors were elected to hold office for a term ending at the annual meeting of stockholders in 2025 and until their respective successors have been duly elected and qualified. Stockholders also ratified the appointment of Deloitte, Certified Public Accountants S.A. as the Company's independent auditors for the fiscal year ending De
MONACO, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced the election of three Class I directors at the Company's annual meeting of stockholders held in Athens today. Polys Hajioannou, Ioannis Foteinos and Ole Wikborg were elected Class I directors. The Class I directors were elected to hold office for a term ending at the annual meeting of stockholders in 2024 and until their respective successors have been duly elected and qualified. Stockholders also ratified the appointment of Deloitte, Certified Public Accountants S.A. as the Company's independent auditors for the fiscal ye
MONACO, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the “Series C Preferred Shares”) (NYSE: SB.PR.C) for the period from October 30, 2020 to January 29, 2021; a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the “Series D Preferred Shares”) (NYSE: SB.PR.D) for the period from October 30, 2020 to January 29, 2021. Each dividend will be paid on February 1,
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MONACO, April 02, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares") (NYSE:SB) for the period from January 30, 2026 to April 29, 2026;a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the "Series D Preferred Shares") (NYSE:SB) for the period from January 30, 2026 to April 29, 2026. Each dividend will be paid on April 30, 2026 to all sha
MONACO, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and twelve-month periods ended December 31, 2025. The Board of Directors (the "Board") of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. Financial highlights In million U.S. Dollars except per share dataQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Twelve Months 2025Twelve Months 2024Net revenues72.673.165.764.371.5275.7307.6Net income11.817.81.77.219.438.697.4Adjusted Net income115.913.93.07.818.140.581.6EBITDA233.340.124.228.841.9126.41
Earnings Release: Wednesday, February 18, 2026, After Market Closes Conference Call and Webcast: Thursday, February 19, 2026, at 10:00 A.M. Eastern Time MONACO, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE:SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the fourth quarter ended December 31, 2025, after the market closes in New York on Wednesday, February 18, 2026. On Thursday, February 19, 2026, at 10:00 A.M. Eastern Time, the Company's management team will host a conference call to discuss the financial results. Conference Call Details:Participants should dial into the call 10 mi
MONACO, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares") (NYSE:SB) for the period from October 30, 2025 to January 29, 2026; a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the "Series D Preferred Shares") (NYSE:SB) for the period from October 30, 2025 to January 29, 2026. Each dividend will be paid on January 30, 2026 to all
MONACO, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and nine-month periods ended September 30, 2025. The Board of Directors (the "Board") of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. Financial highlights In million U.S. Dollars except per share dataQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Nine Months 2025Nine Months 2024Net revenues73.165.764.371.575.9203.2236.1Net income17.81.77.219.425.126.778.0Adjusted Net income113.93.07.818.119.024.663.4EBITDA240.124.228.841.947.493.1144.5Ad
Earnings Release: Tuesday, November 25, 2025, After Market Closes Conference Call and Webcast: Wednesday, November 26, 2025, at 10:00 A.M. Eastern Time MONACO, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE:SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the third quarter ended September 30, 2025, after the market closes in New York on Tuesday, November 25, 2025. On Wednesday, November 26, 2025, at 10:00 A.M. Eastern Time, the Company's management team will host a conference call to discuss the financial results. Conference Call Details:Participants should dial into the call 10 minu
MONACO, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares") (NYSE:SB) for the period from July 30, 2025 to October 29, 2025;a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the "Series D Preferred Shares") (NYSE:SB) for the period from July 30, 2025 to October 29, 2025. Each dividend will be paid on October 30, 2025 to all shar
MONACO, July 29, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and six-month periods ended June 30, 2025. The Board of Directors (the "Board") of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. Financial highlights In million U.S. Dollars except per share dataQ2 2025Q1 2025Q4 2024Q3 2024Q2 2024Six Months 2025Six Months 2024Net revenues65.764.371.575.978.5130.1160.2Net income1.77.219.425.127.68.952.9Adjusted Net income13.07.818.119.020.310.744.5EBITDA224.228.841.947.449.253.197.1Adjuste
Earnings Release: Tuesday, July 29, 2025, After Market Closes Conference Call and Webcast: Wednesday, July 30, 2025, at 10:00 A.M. Eastern Time MONACO, July 22, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE:SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the second quarter ended June 30, 2025, after the market closes in New York on Tuesday, July 29, 2025. On Wednesday, July 30, 2025, at 10:00 A.M. Eastern Time, the Company's management team will host a conference call to discuss the financial results. Conference Call Details:Participants should dial into the call 10 minutes before the sched
MONACO, July 02, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares") (NYSE:SB) for the period from April 30, 2025 to July 29, 2025;a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the "Series D Preferred Shares") (NYSE:SB) for the period from April 30, 2025 to July 29, 2025. Each dividend will be paid on July 30, 2025, to all shareholders o