How to Buy Safe Bulkers Stock
Safe Bulkers Inc
Safe Bulkers is a shipping company located in Monaco, which is part of the Industrials sector, and is traded under the ticker SB on the NYSE exchange.
Safe Bulkers stock last closed at $5.04, up 2.23% from the previous day, and has increased 37.7% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.01 percentage points. Safe Bulkers stock is currently +69.7% from its 52-week low of $2.97, and -2.14% from its 52-week high of $5.15.
There are currently 111.61M SB shares outstanding. The market value of SB is $562.50M. In the last 24 hours, 340,519 SB shares were traded.
How to Buy Safe Bulkers Stock
Wondering how to invest in Safe Bulkers stock? Here's how.
- Choose where to buy Safe Bulkers stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Safe Bulkers stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your method of payment and add your details.
- Evaluate Safe Bulkers stock: The Safe Bulkers ticker symbol is SB. Is Safe Bulkers stock a good investment? Should you buy shares of SB? How do SB's underlying business fundamentals look? Do top analysts think Safe Bulkers is a good buy? Why has SB's stock price moved recently? (Hint: Our stock market analysis website can help you decide if SB is a good stock to buy).
- Execute your SB buy order: Decide if you will purchase SB shares at the current market price or use a limit order to buy SB shares at a given price.
- Get notifications regarding your investment in SB: Create a watchlist to monitor your position in Safe Bulkers stock.
Step 1: Choose where to buy Safe Bulkers stock
You will need a brokerage account in order to access the NYSE market and buy SB shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal details so you are able to invest in SB today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have finished signing up on the stocks app, you can securely and quickly fund your account:
Watch the tutorial below for more details depositing funds into your investment account.
Step 4: Evaluate Safe Bulkers stock
Once you have chosen the best place to buy Safe Bulkers stock, it's important to analyze their stock before you invest, so you actually wrap your head around the risk and upside.
Safe Bulkers Metrics
SB Zen Score
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on SB's stock page.
How is SB stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge SB's fair value.
Using relative valuations metrics:
- SB may be undervalued based on its P/E ratio of 8.26x, relative to Marine Shipping industry P/E ratio of 17.18x
- SB could be undervalued based on its P/B ratio of 0.71x, relative to Marine Shipping industry P/B ratio of 1x
- SB may be undervalued based on its PEG ratio of 0.1x
You can access additional valuation analysis on SB's stock here.
A quick look at SB Financials
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the SB balance sheet.
- SB has cash burn of 56123000. It has sufficient cash and short-term investments to cover this for at least one year.
- Total SB debt is lower than 5 years ago, relative to shareholder equity.
- SB has $98.80M in cash and short term investments. This is sufficient to cover its annual cash burn of $56.12M.
Failed Financial Due Diligence Checks:
- SB profit margin has gone down from 46.8% to 24.4% in the past year.
- SB has a relatively high debt to equity ratio of 0.69.
- There are more long-term liabilities than short-term assets on the SB balance sheet.
You can dig deeper into what analysts are saying on the Safe Bulkers stock forecast page.
Metrics for Advanced SB Traders
SB Earnings
Last year, SB earnings were $69.35M. During the past 5 year, SB's earnings have gone up by 30.69% per year. This was faster than the Marine Shipping industry average of 15.52%.
Last year, SB revenue was $284.40M. Over the past five year, SB's revenue has increased by 8.04% per year. This was slower than the Marine Shipping industry average of 15.25%.
Dive into SB's earnings and revenue performance here.
What are SB executives and large shareholders up to?
Over the last year, insiders at SB have not bought or sold any shares.
Learn more about who owns SB stock here.
Does SB stock generate passive income?
Safe Bulkers pays a dividend of 3.97%, compared to the Marine Shipping industry's average dividend yield of 5.28%. If you owned $1,000 of SB stock, you would have been paid $39.68 in the past 12 months.
Safe Bulkers dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Safe Bulkers dividend yield and history here.
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Step 5: Execute your SB buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Press the Open button and your broker will place the order.
If you need more info about buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in SB
Now that you own some SB shares, you'll want to keep up with your new stock purchase.
Add SB to a watchlist to get notified of important updates regarding your SB stock.
SB Feed
How to Buy Stock in Safe Bulkers
To reiterate, here are the 6 steps you need to take to buy Safe Bulkers stock right now:
- Choose where to buy Safe Bulkers stock
- Sign up for your brokerage account
- Fund your investment account
- Evaluate Safe Bulkers stock
- Execute your SB buy order
- Get notifications regarding your investment in SB
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Safe Bulkers, create a watchlist on WallStreetZen today.
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