Safe Bulkers Inc
Research Safe Bulkers Inc (SB) on Bullrun: valuation model: 9.6% overvalued, market cap USD 885.89M, P/E 11.2, dividend yield 2.2%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerSB
- ExchangeNYSE
- CountryMonaco
- SectorIndustrials
- IndustryMarine Shipping
- CurrencyUSD
- Valuation signal9.6% overvalued
- Market capUSD 885.89M
- P/E11.2
- Dividend yield2.2%
- Financial periodQ2 2026
- RevenueUSD 87.47M
- Net incomeUSD 35.16M
- Free cash flow-USD 16.53M
- Gross margin49.2%
Valuation Snapshot
Bullrun's latest valuation model marks Safe Bulkers Inc as 9.6% overvalued; latest market cap is USD 885.89M; P/E is 11.2; dividend yield is 2.2%.
Peer valuation comparison
Latest P/E is 11.24x versus a Industrials sector median of 20.76x (45.8% below).
Latest dividend yield is 2.2% versus a Industrials sector median of 2.39% (7.9% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 275.74M | USD 38.56M | USD 11.35M | 35.9% | 0.3 | USD 141.58M | USD 548.59M | USD 830.71M |
| FY2024 | USD 307.63M | USD 97.38M | -USD 126.30M | 45.6% | 0.83 | USD 81.08M | USD 545.59M | USD 831.62M |
| FY2023 | USD 284.40M | USD 77.35M | -USD 137.35M | 42.0% | 0.61 | USD 48.19M | USD 515.93M | USD 792.51M |
| FY2022 | n/a | USD 172.55M | n/a | n/a | 1.36 | USD 49.19M | USD 422.58M | USD 771.92M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 885.89M | 11.2 | 2.1% | 0.19 |
| 2025 | 2025-12-31 | USD 492.89M | 16.1 | 1.0% | 0.05 |
| 2024 | 2024-12-31 | USD 375.88M | 4.3 | 4.2% | 0.15 |
| 2023 | 2023-12-29 | USD 438.57M | 6.0 | 5.1% | 0.2 |
| 2022 | 2022-12-30 | USD 345.91M | 1.8 | 6.9% | 0.2 |
| 2021 | 2021-12-31 | USD 458.59M | 2.7 | n/a | n/a |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.19 USD, yield 2.2%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.2 USD |
| FY2024 | 0.2 USD |
| FY2023 | 0.2 USD |
| FY2022 | 0.2 USD |
About Safe Bulkers Inc
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services internationally. The company owns and operates a fleet of dry bulk vessels for transporting bulk cargoes comprising coal, grain, and iron ore. Its fleet consists of 45 vessels, including 8 Panamax class vessels, 12 Kamsarmax class vessels, 17 post-Panamax class vessels, and 8 Capesize class vessels with an aggregate carrying capacity of 4,559,000 deadweight tons. Safe Bulkers, Inc.
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Frequently asked questions
Is Safe Bulkers Inc overvalued or undervalued?
Bullrun's valuation model currently marks Safe Bulkers Inc as 9.6% overvalued.
What is Safe Bulkers Inc's market cap?
Safe Bulkers Inc's market capitalization is USD 885.89M.
What is Safe Bulkers Inc's P/E ratio?
Safe Bulkers Inc's price-to-earnings (P/E) ratio is 11.2.
Does Safe Bulkers Inc pay a dividend?
Safe Bulkers Inc has a dividend yield of 2.2%.
What does Safe Bulkers Inc do?
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services internationally. The company owns and operates a fleet of dry bulk vessels for transporting bulk cargoes comprising coal, grain, and iron ore. Its fleet consists of 45 vessels, including 8 Panamax class vessels, 12 Kamsarmax class vessels, 17 post-Panamax class vessels, and 8 Capesize class vessels with an aggregate carrying capacity of 4,559,000 deadweight tons. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.