Safe Bulkers Inc. (SB)
Safe Bulkers Statistics
Share Statistics
Safe Bulkers has 105.27M shares outstanding. The number of shares has increased by -1.4% in one year.
| Shares Outstanding | 105.27M |
| Shares Change (YoY) | -1.4% |
| Shares Change (QoQ) | -1.4% |
| Owned by Institutions (%) | 27.85% |
| Shares Floating | 56.9M |
| Failed to Deliver (FTD) Shares | 6 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 1.09M, so 1.03% of the outstanding shares have been sold short.
| Short Interest | 1.09M |
| Short % of Shares Out | 1.03% |
| Short % of Float | 2.94% |
| Short Ratio (days to cover) | 1.86 |
Valuation Ratios
The PE ratio is 3.94 and the forward PE ratio is 3.75. Safe Bulkers's PEG ratio is 0.11.
| PE Ratio | 3.94 |
| Forward PE | 3.75 |
| PS Ratio | 1.25 |
| Forward PS | 0.6 |
| PB Ratio | 0.46 |
| P/FCF Ratio | -26.82 |
| PEG Ratio | 0.11 |
Enterprise Valuation
Safe Bulkers has an Enterprise Value (EV) of 839.6M.
| EV / Sales | 2.73 |
| EV / EBITDA | 4.49 |
| EV / EBIT | 6.44 |
| EV / FCF | -58.64 |
Financial Position
The company has a current ratio of 1.91, with a Debt / Equity ratio of 0.65.
| Current Ratio | 1.91 |
| Quick Ratio | 1.74 |
| Debt / Equity | 0.65 |
| Debt / EBITDA | 2.87 |
| Debt / FCF | -37.48 |
| Interest Coverage | 4.09 |
Financial Efficiency
Return on Equity is 11.71% and Return on Invested Capital is 9.34%.
| Return on Equity | 11.71% |
| Return on Assets | 6.94% |
| Return on Invested Capital | 9.34% |
| Revenue Per Employee | $326.92K |
| Profits Per Employee | $103.48K |
| Employee Count | 941 |
| Asset Turnover | 0.22 |
| Inventory Turnover | 11.25 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0% |
Stock Price Statistics
The stock price has increased by -31.39% in the last 52 weeks. The beta is 0.93, so Safe Bulkers's price volatility has been higher than the market average.
| Beta | 0.93 |
| 52-Week Price Change | -31.39% |
| 50-Day Moving Average | 3.64 |
| 200-Day Moving Average | 4.26 |
| Relative Strength Index (RSI) | 40.94 |
| Average Volume (20 Days) | 672.11K |
Income Statement
In the last 12 months, Safe Bulkers had revenue of 307.63M and earned 97.38M in profits. Earnings per share was 0.83.
| Revenue | 307.63M |
| Gross Profit | 140.17M |
| Operating Income | 128.43M |
| Net Income | 97.38M |
| EBITDA | 186.89M |
| EBIT | 128.75M |
| Earnings Per Share (EPS) | 0.83 |
Balance Sheet
The company has 81.08M in cash and 536.64M in debt, giving a net cash position of -455.56M.
| Cash & Cash Equivalents | 81.08M |
| Total Debt | 536.64M |
| Net Cash | -455.56M |
| Retained Earnings | 507.34M |
| Total Assets | 1.4B |
| Working Capital | 78.92M |
Cash Flow
In the last 12 months, operating cash flow was 130.46M and capital expenditures -144.78M, giving a free cash flow of -14.32M.
| Operating Cash Flow | 130.46M |
| Capital Expenditures | -144.78M |
| Free Cash Flow | -14.32M |
| FCF Per Share | -0.13 |
Margins
Gross margin is 45.56%, with operating and profit margins of 41.75% and 31.65%.
| Gross Margin | 45.56% |
| Operating Margin | 41.75% |
| Pretax Margin | 31.65% |
| Profit Margin | 31.65% |
| EBITDA Margin | 60.75% |
| EBIT Margin | 41.75% |
| FCF Margin | -4.65% |
Dividends & Yields
SB pays an annual dividend of $0.2, which amounts to a dividend yield of 5.42%.
| Dividend Per Share | $0.20 |
| Dividend Yield | 5.42% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 24.1% |
| Earnings Yield | 25.36% |
| FCF Yield | -3.73% |
Analyst Forecast
The average price target for SB is $6, which is 81.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $6 |
| Price Target Difference | 81.8% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
Scores
| Altman Z-Score | 1.47 |
| Piotroski F-Score | 7 |