$0.06 EPS Expected for Safe Bulkers, Inc. (SB)

October 2, 2018 - By whatsonthorold

Safe Bulkers, Inc. (NYSE:SB) Logo

Analysts expect Safe Bulkers, Inc. (NYSE:SB) to report $0.06 EPS on October, 30.They anticipate $0.11 EPS change or 220.00 % from last quarter’s $-0.05 EPS. SB’s profit would be $6.09M giving it 12.21 P/E if the $0.06 EPS is correct. After having $0.02 EPS previously, Safe Bulkers, Inc.’s analysts see 200.00 % EPS growth. The stock decreased 3.62% or $0.11 during the last trading session, reaching $2.93. About 126,893 shares traded. Safe Bulkers, Inc. (NYSE:SB) has declined 25.07% since October 2, 2017 and is downtrending. It has underperformed by 40.69% the S&P500.

Safe Bulkers, Inc. (NYSE:SB) Ratings Coverage

Among 4 analysts covering Safe Bulkers (NYSE:SB), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Safe Bulkers had 5 analyst reports since April 17, 2018 according to SRatingsIntel. The stock of Safe Bulkers, Inc. (NYSE:SB) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, April 17. The company was maintained on Friday, May 25 by Maxim Group. Stifel Nicolaus maintained the stock with “Hold” rating in Monday, April 23 report. The rating was upgraded by Seaport Global to “Buy” on Tuesday, July 31. The company was maintained on Thursday, May 31 by Maxim Group.

Safe Bulkers, Inc. provides marine drybulk transportation services worldwide. The company has market cap of $297.55 million. It is involved in the acquisition, ownership, and operation of drybulk vessels for transporting bulk cargoes, primarily coal, grain, and iron ore. It currently has negative earnings. As of February 17, 2017, the firm had a fleet of 38 drybulk vessels with an aggregate carrying capacity of 3,421,800 deadweight tons.

Another recent and important Safe Bulkers, Inc. (NYSE:SB) news was published by Globenewswire.com which published an article titled: “Top Dry Bulk & Container Shipping Companies Presenting at Capital Link’s 10th Annual New York Maritime Forum …” on October 01, 2018.

Safe Bulkers, Inc. (NYSE:SB) Ratings Chart

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