Are Safe Bulkers, Inc (NYSE: SB) Analysts Predicting A Spike?

AMAT

Safe Bulkers, Inc (NYSE:SB) shares, rose in value on Friday, June 20, with the stock price down by -2.60% to the previous day’s close as strong demand from buyers drove the stock to $3.74.

Actively observing the price movement in the last trading, the stock closed the session at $3.84, falling within a range of $3.74 and $3.88. The value of beta (5-year monthly) was 1.208 whereas the PE ratio was 5.59 over 12-month period. Referring to stock’s 52-week performance, its high was $6.22, and the low was $3.02. On the whole, SB has fluctuated by -2.35% over the past month.

With the market capitalization of Safe Bulkers, Inc currently standing at about $382.64 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-19. The company’s Forward Dividend Ratio is 0.20, with its dividend yield at 5.35%.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SB’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a Hold.

The stock’s technical analysis shows that the PEG ratio is about 0.48, with the price of SB currently trading nearly -1.29% and 4.27% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.45, while the 7-day volatility ratio is showing 1.37% which for the 30-day chart, stands at 1.40%. Furthermore, Safe Bulkers, Inc (SB)’s beta value is 1.21, and its average true range (ATR) is 0.10.

A comparison of Safe Bulkers, Inc (SB) with its peers suggests the former has fared considerably weaker in the market. SB showed an intraday change of -2.60% in last session, and over the past year, it shrunk by -34.15%%.

Data on historical trading for Safe Bulkers, Inc (NYSE:SB) indicates that the trading volumes over the past 10 days have averaged 0.42 and over the past 3 months, they’ve averaged 471.51K. According to company’s latest data on outstanding shares, there are 105.27 million shares outstanding.

Nearly 45.95% of Safe Bulkers, Inc’s shares belong to company insiders and institutional investors own 29.95% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.2 million shares as on 2025-05-30, resulting in a short ratio of 5.68. According to the data, the short interest in Safe Bulkers, Inc (SB) stood at 647.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 1.73 million. The stock has risen by 4.76% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SB stock heading into the next quarter.

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