Diana Shipping (DSX) -6.7%, Safe Bulkers (SB) -5.8% and Golden Ocean (GOGL) -6.7% in Monday''s trading after Jefferies downgraded the dry bulk carriers to Hold from Buy to reflect…
Safe Bulkers Inc (NYSE: SB ) has agreed to sell MV Pedhoulas Trader, a 2006 Japanese-built, Kamsarmax class, dry-bulk vessel, for a net sale price of $15.84 million. The sale carries a forward delivery date lies within December 2022. "We continued to sell older tonnage as we take delivery … Full story available on Benzinga.com
New York-listed dry bulk owner Safe Bulkers continues its fleet renewal programme, having sealed a deal to sell its 2006-built kamsarmax to an undisclosed buyer for $15.84m. The sale of the Japanese-built 82,300 dwt vessel comes with a forward delivery date within December of this year and leaves Safe Bulkers currently with seven kamsarmaxes, with …
Safe Bulkers Inc. (NYSE:SB) closed Wednesday at $3.01 per share, down from $3.15 a day earlier. While Safe Bulkers Inc. has underperformed by -4.44%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SB fell by -31.59%, with highs and lows ranging from $5.44 to $2.92, whereas […]
Safe Bulkers Inc. (SB)’s stock is trading at $3.20 at the moment marking a rise of 0.79% from the last session close. As of this writing, shares are priced at -41.08% less than their 52-week high of $5.44, and 6.13% over their 52-week low of $3.02. Based on the past 30-day period, the stock price […]
Safe Bulkers is a small-cap shipper with a defined price point to monitor. Check out why I consider SB stock is a value play with a defined price level.
Safe Bulkers, Inc with ticker code (SB) now have 4 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 7 and 3.5 and has a mean target at 5.5. Now with the previous closing price of 3.84 this would indicate that there is a potential upside of 43.2%. There is a 50 day moving average of 3.87 and the 200 day moving average is 4. The market capitalisation for the company is $460m. You can visit the company''s website by visiting: https://www.safebulkers.com [stock_market_widget type="chart" template="basic" color="green" assets="SB" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $658m based on the market concensus. Safe Bulkers, together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons.
https://www.investing.com/news/pro/safe-bulkers-pt-lowered-to-350-at-citi-432SI-2868276
Safe Bulkers, Inc found using ticker (SB) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 7 and 4 with the average target price sitting at 5.83. With the stocks previous close at 3.64 this now indicates there is a potential upside of 60.2%. There is a 50 day moving average of 3.96 and the 200 day moving average is 4.02. The market cap for the company is $445m. Visit the company website at: https://www.safebulkers.com [stock_market_widget type="chart" template="basic" color="green" assets="SB" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $713m based on the market concensus. Safe Bulkers, together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons.
Safe Bulkers, Inc found using ticker (SB) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 7 and 4 calculating the average target price we see 5.83. Given that the stocks previous close was at 3.94 this indicates there is a potential upside of 48.0%. There is a 50 day moving average of 4.03 and the 200 moving average now moves to 4.04. The market capitalisation for the company is $470m. Visit the company website at: https://www.safebulkers.com [stock_market_widget type="chart" template="basic" color="green" assets="SB" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $695m based on the market concensus. Safe Bulkers, together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons.
Safe Bulkers, Inc. (NYSE:NYSE:SB) Q1 2022 Results Conference Call July 28, 2022 12:00 PM ET Company Participants Polys Hajioannou - Chairman and Chief Executive Officer Loukas Barmparis -…
Safe Bulkers (NYSE: SB ) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:05 PM. Here''s what investors need to know about the announcement. Earnings Safe Bulkers beat estimated earnings by 29.03%, reporting an EPS of $0.4 versus an … Full story available on Benzinga.com
Safe Bulkers Tops Q2 EPS by 9c
Safe Bulkers press release (SB): Q2 Non-GAAP EPS of $0.40.Revenue of $91.6M (+12.3% Y/Y).Adjusted EBITDA of $66.5M. Shares +2.4%.
Safe Bulkers (SB) declares $0.05/share quarterly dividend, in line with previous.
MONACO, July 27, 2022 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and six month periods ended June 30, 2022. The Board of Directors of the Company also declared a cash dividend of $0.05 per share of outstanding common stock.
MONACO, July 25, 2022 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company’s 2021 Sustainability Report is available for download and can be accessed from its website using the link provided below.
Safe Bulkers, Inc found using ticker (SB) have now 3 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 7 and 4 with the average target price sitting at 5.83. Now with the previous closing price of 3.67 this is indicating there is a potential upside of 58.9%. There is a 50 day moving average of 4.06 while the 200 day moving average is 4.07. The market capitalisation for the company is $436m. Find out more information at: https://www.safebulkers.com [stock_market_widget type="chart" template="basic" color="green" assets="SB" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $692m based on the market concensus. Safe Bulkers, together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons.
Safe Bulkers, Inc with ticker code (SB) now have 3 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 8.1 and 4 calculating the mean target price we have 6.37. Now with the previous closing price of 3.47 this would indicate that there is a potential upside of 83.6%. The 50 day moving average now sits at 4.21 while the 200 day moving average is 4.15. The market capitalisation for the company is $410m. Company Website: https://www.safebulkers.com [stock_market_widget type="chart" template="basic" color="green" assets="SB" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $753m based on the market concensus. Safe Bulkers, together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons.
Safe Bulkers Cum Red Perp Pfd Shs Series C (NYSE:SB.PC) declares $0.50/share quarterly dividend, in line with previous.Forward yield 7.96%Payable Aug.
Safe Bulkers, Inc found using ticker (SB) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 8.1 and 4 with a mean TP of 6.37. Given that the stocks previous close was at 3.82 this now indicates there is a potential upside of 66.8%. There is a 50 day moving average of 4.27 and the 200 day moving average is 4.18. The market cap for the company is $444m. Find out more information at: https://www.safebulkers.com [stock_market_widget type="chart" template="basic" color="green" assets="SB" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $740m based on the market concensus. Safe Bulkers, together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons.
Safe Bulkers (SB) on Tuesday announced a stock repurchase program of up to 5M shares, representing ~4.1% of its outstanding shares and 6.9% of its public float.The program may be…
MONACO, June 21, 2022 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has authorized a program under which it may from time to time in the future purchase up to 5,000,000 shares of the Company’s common stock. If the maximum number of shares of the Company’s common stock are purchased pursuant to the aforementioned program, it would represent approximately 4.1% of the shares of the Company’s common stock outstanding and 6.9% of its public float.
Finding stocks with a moonshot potential is like finding gold — you must know where to search, what criteria to use in a stock screener and how to make a narrow list of selections from that info. Even the best penny stocks to buy now are riskier than large-cap or mid-cap stocks. But while this is true, it is often a bad idea to neglect good penny stocks (and their potential for big gains). If you’re looking to expand into penny stocks, I have a few top picks to share with you. But first, what does moonshot potential mean? I would say that a return relatively higher than the average U.S. stock market return during the past 10 years meets the definition of a moonshot potential. I am not referring to a 100% increase but to be less realistic to return that is higher than the 28.7% gains of the S&P 500 in 2021 . For example, 40% or 50% would be a great return. 7 Top-Rated Large-Cap Stocks to Buy and Hold Can the best penny stocks to buy now move even higher? I would say yes, but don’t throw everything at them.
Shipping Stocks Crash After JPM Points To Latest Freightwaves Recession Alert Yesterday, in " US Import Demand Is Dropping Off A Cliff ", we noted that Freightwaves (best known for sparking a crash in freight stocks at the end of March when the company''s CEO said that a " freight recession is imminent" ) warned that "despite the strong levels of inbound cargo during the first five months of 2022, import demand is not just softening — it’s dropping off a cliff" or 36% in just the past few weeks… ... as retailers (ahem Target and Walmart) "suddenly" realize they have over-ordered way too much inventory, and noted that as a result, "Drewry’s container spot rates from China to the West Coast have plunged 41% month-over-month to $9,630." While there is much more in the full note , the gist was simple: shipping rates are sliding and are set to fall further as demand for cargo evaporates with the US sliding into recession. We bring this up because this morning JPMorgan also brought it up, with the bank''s European Transport and Logistics analyst Samuel Bland writing that a note titled "Freight Markets" (available to pro subscribers in the usual place), in which he draws attention to the FreightWaves article which he says "suggests that US import volumes of containers have fallen sharply in recent weeks.
Safe Bulkers Inc. (NYSE:SB) has a beta value of 0.72 and has seen 0.82 million shares traded in the recent trading session. The company, currently valued at $582.68M, closed the recent trade at $5.02 per share which meant it gained $0.1 on the day or 2.03% during that session. The SB stock price is -8.37% … Analysts Are Recommending Safe Bulkers Inc. (SB) As A Buy Candidate Read More »
Earnings Release: Wednesday, July 28, 2021, After Market Closes
New York-listed dry bulk owner Safe Bulkers continues to move forward with its fleet renewal strategy, adding three more kamsarmaxes to its order book. The company says it has acquired three Japanese kamsarmaxes at attractive prices, with scheduled delivery dates within the fourth quarter of 2023 for one of the vessels and within the first
New York-listed dry bulk owner Safe Bulkers continues to move forward with its fleet renewal strategy, adding three more kamsarmaxes to its order book. The company says it has acquired three Japanese kamsarmaxes at attractive prices, with scheduled delivery dates within the fourth quarter of 2023 for one of the vessels and within the first
MONACO, July 20, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that in relation to its fleet renewal strategy, it has entered into agreements for the acquisition of three Japanese dry-bulk 82,000 dwt, Kamsarmax class vessels at attractive prices with scheduled delivery dates within the fourth quarter of 2023 for one vessel and within the first quarter of 2024, for the other two vessels.
MONACO, July 08, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company''s Board of Directors has declared:
Monaco-headquartered dry bulk owner Safe Bulkers has acquired a Japanese-built 82,000 dwt, dry bulk newbuild vessel. The post Safe Bulkers invests in new eco-efficient Kamsarmax appeared first on Offshore Energy .
Monaco-headquartered dry bulk owner Safe Bulkers has entered into an agreement to acquire a Japanese-built kamsarmax newbuild, with delivery set for the fourth quarter of 2023. The vessels is the fifth resale bulker it has bought since October, with three post-panamaxes and two kamrsarmaxes now on order. The company has offloaded several ageing bulkers also,
Monaco-headquartered dry bulk owner Safe Bulkers has entered into an agreement to acquire a Japanese-built kamsarmax newbuild, with delivery set for the fourth quarter of 2023. The vessels is the fifth resale bulker it has bought since October, with three post-panamaxes and two kamrsarmaxes now on order. The company has offloaded several ageing bulkers also,
MONACO, July 06, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of a Japanese-built, Kamsarmax class, 82,000 dwt, dry-bulk, newbuild vessel with scheduled delivery in the fourth quarter of 2023. The vessel is designed to meet the latest requirements of Energy Efficiency Design Index related to Green House Gas emissions EEDI, Phase 3 and also comply with the latest NOx emissions regulation, NOx-Tier III.
Monaco-based Safe Bulkerss fleet renewal programme continues apace with the sale of a 2003-built panamax, , for $13.6m. The sale comes with a forward delivery date within the fourth quarter of 2021. The buyer has yet to be revealed. Dr Loukas Barmparis, president of Safe Bulkers, commented: The MV Koulitsa will be replaced by the
Monaco-based Safe Bulkerss fleet renewal programme continues apace with the sale of a 2003-built panamax, , for $13.6m. The sale comes with a forward delivery date within the fourth quarter of 2021. The buyer has yet to be revealed. Dr Loukas Barmparis, president of Safe Bulkers, commented: The MV Koulitsa will be replaced by the
MONACO, June 30, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that in relation to its fleet renewal strategy, it has entered into an agreement for the sale of MV Koulitsa, a 2003-built, Panamax class, dry-bulk vessel at gross sale price of $13.6 million and forward delivery date within the fourth quarter of 2021.
Toronto, Ontario--(Newsfile Corp. - June 30, 2021) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") and California Gold Mining Inc. (CSE: CGM) ("California G
TORONTO, June 30, 2021 (GLOBE NEWSWIRE) -- Stratabound Minerals Corp. (TSXV:SB) ( Stratabound ) and California Gold Mining Inc. (CSE:CGM) (" California Gold ") are pleased to announce that shareholders of California Gold (" California Gold Shareholders ") have approved the previously announced transaction pursuant to which Stratabound will acquire all of the issued and outstanding common shares of California Gold (the " California Gold Shares "), by way of a court-approved plan of arrangement under the Business Corporations Act (Ontario) (the " Arrangement "). Pursuant to the Arrangement, each California Gold Shareholder will receive 1.00 common share of Stratabound for each California Gold Share held.
Highlights:Exploration grant received from New Brunswick Junior Mining Assistance Program Expanded +3,000-sample soil geochemistry program in progress over 31.25 km2 of property acquired in late 2
MONACO, June 28, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that its Board of Directors has called an annual meeting of the stockholders to be held on September 13, 2021, at 16:00 local time, at 30-32 Karamanli Avenue, Voula 166 73, Athens, Greece.
Monaco-based bulker owner Safe Bulkers has entered into a credit facility of $70 million with a five-year tenor. The post Safe Bulkers refinances fleet of 8 vessels appeared first on Offshore Energy .
New York-listed Greek dry bulk owner Safe Bulkers has entered into a new five-year $70m credit facility to refinance seven vessels. The loan comprises a term loan tranche of $30m and a reducing revolving credit facility tranche providing for a draw down capacity of up to $40m. The proceeds will refinance loan facilities of $64.3m
New York-listed Greek dry bulk owner Safe Bulkers has entered into a new five-year $70m credit facility to refinance seven vessels. The loan comprises a term loan tranche of $30m and a reducing revolving credit facility tranche providing for a draw down capacity of up to $40m. The proceeds will refinance loan facilities of $64.3m
MONACO, June 21, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company has entered into a credit facility of $70.0 million with a five-year tenor, comprising of a term loan tranche of $30.0 million and a reducing revolving credit facility tranche providing for a draw down capacity of up to $40.0 million, with respect to seven vessels. The agreement contains financial covenants in line with the existing loan and credit facilities of the Company.
Greek owner continues fleet renewal with $22m splash on Japanese-built bulker
New York-listed Greek dry bulk owner Safe Bulkers has entered into an agreement for the acquisition of a 2013-built Japanese panamax bulker. Safe Bulkers has paid $22m for the vessel, which is scheduled for delivery by August 2021. The acquisition will be financed with cash on hand. Loukas Barmparis, president of Safe Bulkers, commented: This
New York-listed Greek dry bulk owner Safe Bulkers has entered into an agreement for the acquisition of a 2013-built Japanese panamax bulker. Safe Bulkers has paid $22m for the vessel, which is scheduled for delivery by August 2021. The acquisition will be financed with cash on hand. Loukas Barmparis, president of Safe Bulkers, commented: This
MONACO, June 16, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that in relation to its fleet renewal strategy, has entered into an agreement for the acquisition of a 2013-built, Japanese, 78,000 dwt Panamax class, dry-bulk vessel at a price of $22 million with a scheduled delivery date latest by August 2021. The acquisition of the vessel will be financed from the cash reserves of the Company.