profit from every $100 of sales.
$0$100
Safe Bulkers
$8.29+2.22% today
+71.3% in 1 year
1-year low $4.701-year high $9.18
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $24.47 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Safe Bulkers sold, what it kept, and what it did with the cash.
Sales went from $350 million in 2022 to $276 million in 2025, with $38.6 million of profit last year.
SalesProfit
Safe Bulkers handed back 66% of the cash it generated last year.
$29M
Free cash flow 2025$60M
Bought back its own shares$11M
Paid as dividends$29M
Cash vs. debt$142M vs. $540M
Safe Bulkers vs. similar companies
Safe Bulkers grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Safe Bulkers | 24.5× · Fair price | ||
 Adani Ports and Special Economic Zone | 34.2× · Expensive | ||
 A.P. Møller - Mærsk | 16.0× · Fair price | ||
 Cosco Shipping | 7.1× · Cheap | ||
 Hapag-Lloyd | 24.8× · Fair price |
AI analysis
An AI analyst reads Safe Bulkers's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 350 | 284 | 308 | 276 | |
| 210 | 119 | 140 | 99 | |
| 185 | 94 | 112 | 65 | |
| 239 | 156 | 187 | 129 | |
| 173 | 77 | 97 | 39 | |
| 1.36 | 0.61 | 0.83 | 0.30 | |
| 60.1% | 42.0% | 45.6% | 35.9% | |
| 52.8% | 33.0% | 36.4% | 23.7% | |
| 49.3% | 27.2% | 31.7% | 14.0% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,246 | 1,340 | 1,403 | 1,403 |
| Cash | 49 | 48 | 81 | 142 |
| Total debt | 414 | 507 | 537 | 540 |
| Total liabilities | 474 | 547 | 571 | 572 |
| 772 | 793 | 832 | 831 | |
| 121 | 114 | 108 | 103 | |
| 12.6% | 6.2% | 7.4% | 4.0% | |
| 22.4% | 9.8% | 11.7% | 4.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 218 | 122 | 130 | 102 | |
| 183 | 209 | 145 | 42 | |
| 35 | -87 | -14 | 60 | |
| Dividends paid | 34 | 31 | 30 | 29 |
| 46 | 26 | 29 | 11 | |
| 0 | 0 | 0 | 0 |
Valuation
- 24.5×
- 15.1×
- –
- 0.9×
- 3.4×
- 15.6×
- 10.4×
- 6.4%
- 4.1%
- 2.9%
Profitability
- 35.9%
- 23.7%
- 14.0%
- 48.0%
- 5.0%
- 9.4%
- 4.7%
- 2.7%
- 5.2%
- –
Growth
- −7.6%
- −39.6%
- +521.2%
- –
- −2.4%
Financial health
- 2.9×
- 0.65
- 38.5%
- 2.0×
- 2.90
- 2.90
- 0.20
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 26%of 984
Top 8%of 987
Bottom 42%of 875
Bottom 6%of 988
Top 30%of 987
What analysts expect
- Average price target
- $4.20
- Range
- $4.20 – $4.20
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Feb 18, 2026 | 0.14 | 0.14 | +0.0% |
| Nov 25, 2025 | 0.12 | 0.19 | −35.1% |
| Jul 29, 2025 | 0.01 | 0.08 | −87.5% |
| May 19, 2025 | 0.05 | 0.03 | +66.7% |
| Feb 18, 2025 | 0.15 | 0.14 | +7.1% |
| Nov 13, 2024 | 0.16 | 0.17 | −5.9% |
| Jul 29, 2024 | 0.17 | 0.19 | −10.5% |
| Apr 29, 2024 | 0.20 | 0.21 | −4.8% |
2.9%of the share price, paid each year
On $1,000 invested$29a year at today's yield, before tax
–per share
Raised–not every year
Paid per share, each year
$0.04 in 2015 → $0.20 in 2025
How safe it looks
74.2% of its profit
Room to growStretchedMore than it earns: 47.4%
News
S&P 500 Just Wiped Out $3 Trillion: Why This 0.35-Beta Stock is a Safe HavenYahoo Finance · Nov 9, 20261,000 Units of Enterprise Products Partners Pay $2,240 a Year. Here’s What the Latest Earnings Say About Whether That’s a Safe Passive Income Stream.Yahoo Finance · Oct 30, 2026Amazon’s ‘Safe’ Retail Business Earns Less Than AWS Does. Is the Stock Still a Good Buy for Cautious Investors?Yahoo Finance · Oct 27, 2026Berkshire Hathaway: Is the Stock Still a Safe Buy Without Warren Buffett?Yahoo Finance · Oct 26, 2026Can Nvidia’s stock become a safe haven as Wall Street rethinks the AI trade?MarketWatch · Oct 23, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
49No pass
Benjamin Graham
78Pass
Philip Fisher
47No pass
Peter Lynch
26No pass
Joel Greenblatt
24No pass
Charlie Munger
48No pass
Terry Smith
45No pass
Questions about Safe Bulkers
Is Safe Bulkers a good stock to buy?
A solid business at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Safe Bulkers AI analysis
What does Safe Bulkers do?
Safe Bulkers, Inc., 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. It is in Marine Shipping.
Does Safe Bulkers pay a dividend?
Yes. At today's price the dividend is 2.9% a year, about 74% of its yearly profit. In 2025 it paid out $28.6 million in dividends.
Is Safe Bulkers stock halal?
No. Safe Bulkers does not pass our halal screen: its debt is 57% of its market value, at or above the 33% limit. How we check
How has Safe Bulkers stock done over the past year?
Up 71.3% over the past twelve months, to $8.29. It traded between $4.70 and $9.18 and is 9.7% below its high.
Who are Safe Bulkers's competitors?
The largest listed companies in the same industry are Adani Ports and Special Economic Zone, A.P. Møller - Mærsk, Cosco Shipping and Hapag-Lloyd. The peers table on this page compares their profit, growth and price with Safe Bulkers's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.