Safe Bulkers (SB) to Announce Quarterly Earnings on Tuesday

Safe Bulkers (NYSE:SBGet Free Report) is expected to be releasing its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect the company to post earnings of $0.2150 per share and revenue of $77.50 million for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 10:30 AM ET.

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

Safe Bulkers Price Performance

Shares of SB opened at $7.67 on Monday. The firm has a market capitalization of $784.85 million, a price-to-earnings ratio of 17.06 and a beta of 0.84. The firm’s fifty day simple moving average is $6.76 and its 200-day simple moving average is $6.36. Safe Bulkers has a twelve month low of $3.61 and a twelve month high of $7.79. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.46.

Safe Bulkers Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Tuesday, June 30th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 3.1%. This is a boost from Safe Bulkers’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Tuesday, June 30th. Safe Bulkers’s dividend payout ratio is currently 53.33%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SB. AQR Capital Management LLC raised its stake in Safe Bulkers by 67.0% during the 1st quarter. AQR Capital Management LLC now owns 68,052 shares of the shipping company’s stock worth $251,000 after acquiring an additional 27,292 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Safe Bulkers by 6.0% in the first quarter. Goldman Sachs Group Inc. now owns 1,630,636 shares of the shipping company’s stock valued at $6,017,000 after acquiring an additional 91,662 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Safe Bulkers by 5.4% during the first quarter. Empowered Funds LLC now owns 576,229 shares of the shipping company’s stock worth $2,126,000 after purchasing an additional 29,667 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Safe Bulkers by 3.7% during the first quarter. Jane Street Group LLC now owns 135,870 shares of the shipping company’s stock worth $501,000 after purchasing an additional 4,836 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new stake in shares of Safe Bulkers during the second quarter worth about $41,000. 21.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen raised 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 assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $6.00.

Check Out Our Latest Stock Analysis on Safe Bulkers

Safe Bulkers Company Profile

(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.

See Also

Earnings History for Safe Bulkers (NYSE:SB)

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