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 $3.34, down 0.6% from the previous day, and has decreased 26.75% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.09 percentage points. Safe Bulkers stock is currently +42.07% from its 52-week low of $2.35, and -34.77% from its 52-week high of $5.12.

At the moment, there are 118.87M shares of SB outstanding. The market value of SB is $397.02M. In the past 24 hours, 556,968 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 choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Safe Bulkers stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Choose your method of payment and add your info.
  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 research tools can help you evaluate 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 purchase SB shares at a particular price.
  6. Get notifications regarding your investment in SB: Create a watchlist to get the latest news on your new investment in Safe Bulkers shares.

Step 1: Choose where to buy Safe Bulkers stock

You need an online brokerage account to access the NYSE market and buy SB shares.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal info so you can invest in SB stock today.

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  2. Input your personal details to create a new trading account.
  1. Send your information by pressing the "Create Account" button.
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Step 3: Fund your investment account

Now that you have opened your account on our top ranked stock market app, your next step is to transfer the money for your investment:

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Step 4: Evaluate Safe Bulkers stock

After you have identified the best place to buy Safe Bulkers stock, it's crucial to research their stock before you buy, so you can comprehend the risk and upside.

Safe Bulkers stock data

SB Price
1w %
1y %
5y %
Fore. Rev. Growth
Fore. Earn. Growth
Market Cap
Next Earnings
Jul 25, 2023
Next Dividend
Jun 7, 2023

Safe Bulkers Zen Score

WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on SB's stock page.

Is SB stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge SB's fair value.

Using relative valuations metrics:

  • SB could be undervalued based on its P/E ratio of 2.46x, relative to Marine Shipping industry P/E ratio of 9.5x
  • SB may be undervalued based on its P/B ratio of 0.51x, relative to Marine Shipping industry P/B ratio of 0.69x

You can access more valuation analysis on SB's stock here.

SB Financial Overview

Passed Financial Due Diligence Checks:

  • SB's operating cash flow of $218.05M allows it to safely service it's debt of $414.36M.
  • SB earnings of $189.69M is not sufficient to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the SB balance sheet.
  • Total SB debt is lower than 5 years ago, relative to shareholder equity.

Failed Financial Due Diligence Checks:

  • There are more long-term liabilities than short-term assets on the SB balance sheet.
  • SB has a relatively high debt to equity ratio of 0.61.
  • SB profit margin has gone down from 49.7% to 46.8% in the past year.

Is SB stock a Buy, Hold, or Sell, according to analysts?

Out of 1 Wall Street analysts who research SB, the consensus analyst rating on SB is a Hold

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

Most Recent SB Analyst Recommendations

Omar Nokta, a bottom 8% analyst from Jefferies maintains SB with a hold rating and raises their SB price target from $3.00 to $4.00, on May 11, 2023.

You can dig deeper into what analysts are saying on the Safe Bulkers stock forecast page.

Metrics for Advanced SB Traders

MACD Signal
MACD Histogram
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D

SB Performance Metrics

Last year, SB earnings were $163.58M. In the past four year, SB's earnings have increased by 70.75% per year. This was faster than the Marine Shipping industry average of 39.33%.

Last year, SB revenue was $349.72M. Over the last five year, SB's revenue has increased by 18.76% per year. This was faster than the Marine Shipping industry average of 16.48%.

Dig into SB's earnings and revenue performance here.

Latest Insiders Trades at SB

Over the last 12 months, insiders at SB have not bought or sold any shares.

Research more about who owns SB shares here.

Does SB stock generate passive income?

Safe Bulkers pays a dividend of 7.49%, compared to the Marine Shipping industry's average dividend yield of 18.39%. If you owned $1,000 of SB stock, you would have received $74.85 in the past 12 months.

Safe Bulkers dividend payments have not consistently grown over the past decade and have not remained stable.

Find more analysis about Safe Bulkers dividend yield and history here.

SB Social Trading Data

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Execute your SB buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price, use a limit order.

Press the Open button and your broker will execute the order.

If you require more help with investing in stocks on eToro, click the helpful video below:

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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.

Start a watchlist to track the most important metrics related to your SB stock.

SB Feed

How to Buy Stock in Safe Bulkers

To reiterate, here are the 6 steps for buying Safe Bulkers stock:

  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 are looking for a place to buy stocks, eToro is our favorite option.

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If you would like to get the latest news on your new investment in Safe Bulkers, create your watchlist below.

$3.34-0.02 (-0.6%)
Updated May 26, 2023
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$3.34-0.02 (-0.6%)
Updated May 26, 2023
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How much does it cost to buy one Safe Bulkers share?

As of May 26, 2023, it costs $3.34 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 $1, you can buy 0.299 shares of SB.

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Is now a good time to buy Safe Bulkers stock?

According to 1 Wall Street analysts who monitor Safe Bulkers, their consensus recommendation is to hold Safe Bulkers stock.

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.