Safe Bulkers Inc (NYSE: SB) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.16 versus $0.23 for the same period a year ago — a decline of -30%. For the latest four quarters through December 31, E.P.S. were $0.83 versus $0.61 for the same period a year ago — an increase of 36%.
Recent Price Action
Safe Bulkers Inc (NYSE: SB) stock enjoyed a large increase of 2.8% on 2/18/25. The stock closed at $3.69. However, normal trading volume at 83% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 2.5% during the last week.
Current PriceTarget Research Rating
Safe Bulkers has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock's attractiveness. Safe Bulkers has a very high Appreciation Score of 92 but a very low Power Rating of 0, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.