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NYSE:SB - Safe Bulkers Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $1.66
  • Forecasted Upside: -39.55 %
  • Number of Analysts: 4
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$2.75 As of 02/26/2021 01:00 AM ET
▼ -0.13 (-4.51%)
1 month | 3 months | 12 months
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Analyst Price Target for SB

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$1.66
▼ -39.55% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Safe Bulkers in the last 3 months. The average price target is $1.66, with a high forecast of $3.00 and a low forecast of $0.40. The average price target represents a -39.55% upside from the last price of $2.75.
Hold
The current consensus among 4 contributing investment analysts is to hold stock in Safe Bulkers. This rating has held steady since July 2020, when it changed from a Sell consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/7/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/6/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
3/5/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
6/3/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
9/1/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
11/30/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
1/29/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
2/28/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/1/2021Stifel NicolausUpgradeHold ➝ Buy$1.50 ➝ $3.00Low
i
1/29/2021Jefferies Financial GroupDowngradeBuy ➝ Hold$1.50 ➝ $1.75High
i
10/23/2020Jefferies Financial GroupLower Price TargetBuy$1.75 ➝ $1.50Medium
i
10/19/2020Stifel NicolausLower Price TargetHold$1.75 ➝ $1.50High
i
8/10/2020Jefferies Financial GroupReiterated RatingBuyHigh
i
7/29/2020DNB MarketsUpgradeHold ➝ Buy$1.50High
i
3/2/2020CitigroupLower Price TargetSell$1.25 ➝ $0.40Medium
i
2/20/2019Maxim GroupLower Price TargetBuy$3.50High
i
11/9/2018Jefferies Financial GroupUpgradeHold ➝ Buy$4.00High
i
Rating by Randy Giveans at Jefferies Financial Group Inc.
10/18/2018Evercore ISIUpgradeIn-Line ➝ Outperform$4.00 ➝ $4.50High
i
7/31/2018Seaport Global SecuritiesUpgradeNeutral ➝ Buy$3.50 ➝ $5.00Low
i
Rating by M. Fyhr at Seaport Global Securities
7/23/2018Maxim GroupReiterated RatingBuy$6.00Low
i
4/23/2018Stifel NicolausSet Price TargetHold$3.00High
i
Rating by Benjamin Nolan at Stifel Nicolaus
4/17/2018Morgan StanleyLower Price TargetEqual Weight ➝ Equal Weight$3.70 ➝ $3.50Low
i
Rating by Fotis Giannakoulis at Morgan Stanley
2/15/2018Stifel NicolausSet Price TargetHold$3.00Low
i
Rating by Benjamin Nolan at Stifel Nicolaus
2/15/2018Maxim GroupReiterated RatingBuy ➝ Buy$5.00 ➝ $5.50High
i
Rating by James Jang at Maxim Group
2/12/2018Morgan StanleyDowngradeOverweight ➝ Equal Weight$4.00High
i
12/18/2017Jefferies Financial GroupInitiated CoverageHold ➝ Hold$3.00High
i
Rating by Randy Giveans at Jefferies Financial Group Inc.
11/19/2017Maxim GroupSet Price TargetBuy$5.00N/A
i
Rating by James Jang at Maxim Group
11/3/2017Jefferies Financial GroupReiterated RatingNeutral ➝ HoldN/A
i
11/2/2017CitigroupBoost Price TargetSell$2.00 ➝ $2.50N/A
i
10/31/2017Maxim GroupSet Price TargetBuy$5.00N/A
i
Rating by James Jang at Maxim Group
10/21/2017Stifel NicolausSet Price TargetHold$2.00N/A
i
Rating by Benjamin Nolan at Stifel Nicolaus
10/19/2017Maxim GroupSet Price TargetBuy$5.00N/A
i
Rating by James Jang at Maxim Group
8/21/2017Maxim GroupInitiated CoverageBuy$5.00Medium
i
7/19/2017Stifel NicolausReiterated RatingHold$2.25Low
i
Rating by Benjamin Nolan at Stifel Nicolaus
7/4/2017Jefferies Financial GroupReiterated RatingHold$2.50Medium
i
4/24/2017Jefferies Financial GroupBoost Price TargetHold$1.50 ➝ $2.50High
i
3/28/2017Morgan StanleyUpgradeEqual Weight ➝ Overweight$1.30 ➝ $3.00High
i
2/24/2017Evercore ISIUpgradeSell ➝ HoldN/A
i
1/27/2017DNB MarketsUpgradeHold ➝ BuyN/A
i
1/20/2017Stifel NicolausInitiated CoverageHold$1.50N/A
i
10/31/2016Clarkson CapitalReiterated RatingNeutralN/A
i
Rating by J. Gandolfo at Clarkson Capital
9/12/2016Jefferies Financial GroupReiterated RatingHoldN/A
i
Rating by douglas mavrinac at Jefferies Financial Group Inc.
9/6/2016Jefferies Financial GroupReiterated RatingHoldN/A
i
Rating by douglas mavrinac at Jefferies Financial Group Inc.
8/2/2016Seaport Global SecuritiesInitiated CoverageNeutral$1.00N/A
i
Rating by M. Fyhr at Seaport Global Securities
8/1/2016Morgan StanleySet Price TargetHold$1.10 ➝ $1.20N/A
i
Rating by Fotis Giannakoulis at Morgan Stanley
7/29/2016Credit Suisse GroupDowngradeNeutral ➝ Underperform$1.00N/A
i
Rating by Gregory Lewis at Credit Suisse Group AG
6/3/2016Credit Suisse GroupReiterated RatingHoldN/A
i
4/26/2016Clarkson CapitalDowngradeBuy ➝ NeutralN/A
i
Rating by O. Nokta at Clarkson Capital
(Data available from 2/28/2016 forward)
Safe Bulkers logo
Safe Bulkers, Inc. provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 13, 2020, the company had a fleet of 41 drybulk vessels having an average age of 9.5 years; and an aggregate carrying capacity of 3,777,000 deadweight tons. Its fleet consisted of 14 Panamax class vessels, 10 Kamsarmax class vessels, 13 post- Panamax class vessels, and 4 Capesize class vessels. The company was founded in 2007 and is based in Monaco.
Read More

Today's Range

Now: $2.75
$2.70
$2.91

50 Day Range

MA: $2.18
$1.64
$3.12

52 Week Range

Now: $2.75
$0.74
$3.15

Volume

676,978 shs

Average Volume

824,969 shs

Market Capitalization

$280.84 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.95

Frequently Asked Questions

What sell-side analysts currently cover shares of Safe Bulkers?

The following Wall Street analysts have issued reports on Safe Bulkers in the last year: Citigroup Inc., DNB Markets, Jefferies Financial Group Inc., Stifel Nicolaus, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for SB.

What is the current price target for Safe Bulkers?

4 Wall Street analysts have set twelve-month price targets for Safe Bulkers in the last year. Their average twelve-month price target is $1.66, suggesting a possible downside of 39.5%. Stifel Nicolaus has the highest price target set, predicting SB will reach $3.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $0.40 for Safe Bulkers in the next year.
View the latest price targets for SB.

What is the current consensus analyst rating for Safe Bulkers?

Safe Bulkers currently has 1 sell rating, 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SB, but not buy more shares or sell existing shares.
View the latest ratings for SB.

What other companies compete with Safe Bulkers?

Other companies that are similar to Safe Bulkers include Danaos, SFL, Seacor, Scorpio Tankers, DHT, Dorian LPG, TORM, Global Ship Lease, Navigator, Genco Shipping & Trading, Eagle Bulk Shipping, Teekay, Diana Shipping, Scorpio Bulkers and Navios Maritime Containers.

How do I contact Safe Bulkers' investor relations team?

Safe Bulkers' physical mailing address is APT. D11 LES ACANTHES 6 AVENUE DES CITRONNIERS, MONACO O9, MC98000. The shipping company's listed phone number is 011-30-21-1188-8400 and its investor relations email address is [email protected] The official website for Safe Bulkers is www.safebulkers.com.