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NYSE: SB
Safe Bulkers Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for SB

Based on 1 analyst offering 12 month price targets for Safe Bulkers Inc.
Min Forecast
$3.00-15.49%
Avg Forecast
$3.00-15.49%
Max Forecast
$3.00-15.49%

Should I buy or sell SB stock?

Based on 1 analyst offering ratings for Safe Bulkers Inc.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Jefferies
Top 13%
88
HoldReiterates$3.00-15.97%2023-02-16

1 of 1

Forecast return on equity

Is SB forecast to generate an efficient return?
Company
18.79%
Industry
15.44%
Market
51.58%
SB's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SB forecast to generate an efficient return on assets?
Company
11.64%
Industry
8.51%
SB is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SB earnings per share forecast

What is SB's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.16-14.71%
Avg 2 year Forecast
$1.22-10.29%
SB's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

SB revenue forecast

What is SB's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$328.0M-6.2%
Avg 2 year Forecast
$350.6M+0.24%
SB's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SB earnings growth forecast

How is SB forecast to perform vs Marine Shipping companies and vs the US market?
Company
-14.71%
Industry
-8.73%
Market
78.57%
SB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
SB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
SB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

SB revenue growth forecast

How is SB forecast to perform vs Marine Shipping companies and vs the US market?
Company
-6.2%
Industry
-13.33%
Market
25.81%
SB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SB vs Shipping Stocks

TickerPricePrice TargetUp/downsideConsensus
SB$3.57$3.00-15.97%Hold
DSX$3.93$5.50+39.95%Buy
NETI$9.78$12.67+29.52%Strong Buy
PANL$5.51$7.50+36.12%Strong Buy
CPLP$12.84$17.00+32.40%Strong Buy
View Top Shipping Stocks

Safe Bulkers Stock Forecast FAQ

Is Safe Bulkers Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: SB) stock is to Hold SB stock.

Out of 1 analyst, 0 (0%) are recommending SB as a Strong Buy, 0 (0%) are recommending SB as a Buy, 1 (100%) are recommending SB as a Hold, 0 (0%) are recommending SB as a Sell, and 0 (0%) are recommending SB as a Strong Sell.

If you're new to stock investing, here's how to buy Safe Bulkers stock.

What is SB's earnings growth forecast for 2023-2024?

(NYSE: SB) Safe Bulkers's forecast annual earnings growth rate of -14.71% is not forecast to beat the US Marine Shipping industry's average forecast earnings growth rate of -8.73%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 78.57%.

Safe Bulkers's earnings in 2023 is $163,576,000.On average, 2 Wall Street analysts forecast SB's earnings for 2023 to be $137,887,248, with the lowest SB earnings forecast at $114,113,584, and the highest SB earnings forecast at $161,660,911.

In 2024, SB is forecast to generate $145,019,347 in earnings, with the lowest earnings forecast at $124,811,733 and the highest earnings forecast at $165,226,961.

What is SB's revenue growth forecast for 2023-2024?

(NYSE: SB) Safe Bulkers's forecast annual revenue growth rate of -6.2% is forecast to beat the US Marine Shipping industry's average forecast revenue growth rate of -13.33%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 25.81%.

Safe Bulkers's revenue in 2023 is $349,718,000.On average, 2 Wall Street analysts forecast SB's revenue for 2023 to be $38,994,157,050, with the lowest SB revenue forecast at $36,204,911,992, and the highest SB revenue forecast at $41,783,402,109.

In 2024, SB is forecast to generate $41,670,952,681 in revenue, with the lowest revenue forecast at $39,411,979,185 and the highest revenue forecast at $43,929,926,177.

What is SB's forecast return on assets (ROA) for 2023-2024?

(NYSE: SB) forecast ROA is 11.64%, which is higher than the forecast US Marine Shipping industry average of 8.51%.

What is SB's Price Target?

According to 1 Wall Street analyst that have issued a 1 year SB price target, the average SB price target is $3.00, with the highest SB stock price forecast at $3.00 and the lowest SB stock price forecast at $3.00.

The Wall Street analyst predicted that Safe Bulkers's share price could fall to $3.00 by Feb 16, 2024. The average Safe Bulkers stock price prediction forecasts a potential downside of 15.97% from the current SB share price of $3.57.

What is SB's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: SB) Safe Bulkers's current Earnings Per Share (EPS) is $1.36. On average, analysts forecast that SB's EPS will be $1.16 for 2023, with the lowest EPS forecast at $0.96, and the highest EPS forecast at $1.36. In 2024, SB's EPS is forecast to hit $1.22 (min: $1.05, max: $1.39).

What is SB's forecast return on equity (ROE) for 2023-2024?

(NYSE: SB) forecast ROE is 18.79%, which is considered weak.
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