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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 $5.65, down 0.53% from the previous day, and has increased 71.73% in one year. It has overperformed other stocks in the Marine Shipping industry by 1.02 percentage points. Safe Bulkers stock is currently +90.24% from its 52-week low of $2.97, and -10.74% from its 52-week high of $6.33.

There are currently 111.61M SB shares outstanding. The market value of SB is $630.58M. In the last 24 hours, 331,793 SB shares were traded.

How to Buy Safe Bulkers Stock

Wondering how to invest in Safe Bulkers stock? Here's how.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Pick your method of payment and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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 Price
$5.65
1w %
-4.72%
1y %
71.73%
5y %
303.57%
P/E
9.26x
P/B
0.8x
P/S
2.26x
PEG
0.4x
Revenue
$284.40M
Earnings
$69.35M
Fore. Rev. Growth
5.5%
Fore. Earn. Growth
25.88%
Market Cap
$630.58M
Next Earnings
N/A
Next Dividend
N/A

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 9.26x, relative to Marine Shipping industry P/E ratio of 15.4x
  • SB could be undervalued based on its P/B ratio of 0.8x, relative to Marine Shipping industry P/B ratio of 1.14x
  • SB may be undervalued based on its PEG ratio of 0.4x

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

SMA10
5.94
SMA20
5.77
SMA50
5.38
SMA100
4.99
SMA200
4.26
MACD
0.12
MACD Signal
0.18
MACD Histogram
-0.06
RSI
48.37
Stochastic %K
30.32
Stochastic %D
43.25
StochRSI %K
0
StochRSI %D
7.41

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 15.01%.

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 43.47%.

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 3.54%, compared to the Marine Shipping industry's average dividend yield of 4.84%. If you owned $1,000 of SB stock, you would have been paid $35.40 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.

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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:

  1. Choose where to buy Safe Bulkers stock
  2. Sign up for your brokerage account
  3. Fund your investment account
  4. Evaluate Safe Bulkers stock
  5. Execute your SB buy order
  6. Get notifications regarding your investment in SB

If you require a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your investment in Safe Bulkers, create a watchlist on WallStreetZen today.

NYSE: SB
$5.65-0.03 (-0.53%)
Updated Jun 18, 2024
Open eToro Account
NYSE: SB
$5.65-0.03 (-0.53%)
Updated Jun 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Safe Bulkers share?

As of Jun 18, 2024, it costs $5.65 to buy one share of Safe Bulkers stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.354 shares of SB.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Safe Bulkers stock?

One way to place an order for Safe Bulkers stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.