Safe Bulkers, Inc. (SB)
Safe Bulkers, Inc. operates in the Marine Shipping industry of the Industrials sector, headquartered in Monaco, MC, MC. The stock last traded at $9.18, up 1.89% on the session, giving a market capitalisation of $934.8M. On trailing twelve-month figures it carries a trailing P/E of 11.83, a net margin of 28.3%. Its beta of 0.83 implies it has historically moved less than the broad market.
Safe Bulkers, Inc., along with its affiliated entities, specializes in the ocean-going transportation of dry bulk commodities. The company maintains and operates a fleet of dry bulk carriers, primarily utilized for shipping essential bulk cargoes such as coal, grain, and iron ore. As of March 18, 2022, Safe Bulkers possessed 40 dry bulk vessels, which collectively offered a carrying capacity of 3,925,500 deadweight tons and had an average age of 10.4 years. This fleet was comprised of 12 Panamax, 7 Kamsarmax, 15 Post-Panamax, and 6 Capesize class ships. Safe Bulkers, Inc. was established in 2007 and is headquartered in Monaco.
Safe Bulkers, Inc. is most often compared with the following Industrials names: