How to Buy Safe Bulkers Stock
Safe Bulkers Inc
Safe Bulkers is a shipping company located in Monaco, which is part of the Industrials sector, and is traded under the ticker SB on the NYSE exchange.
Safe Bulkers stock last closed at $3.22, down 2.42% from the previous day, and has decreased 33.88% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.12 percentage points. Safe Bulkers stock is currently +6.8% from its 52-week low of $3.02, and -49.13% from its 52-week high of $6.33.
At the moment, there are 105.29M shares of SB outstanding. The market value of SB is $339.03M. In the past 24 hours, 252,169 SB shares were traded.
How to Buy Safe Bulkers Stock
Wondering how to invest in Safe Bulkers stock? Here's how.
- Choose where to buy Safe Bulkers stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Safe Bulkers stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your method of payment and add your info.
- Evaluate Safe Bulkers stock: The Safe Bulkers ticker symbol is SB. Is Safe Bulkers stock a good investment? Should you buy shares of SB? How do SB's underlying business fundamentals look? Do top analysts think Safe Bulkers is a good buy? Why has SB's stock price moved recently? (Hint: Our stock research tools can help you evaluate if SB is a good stock to buy).
- Execute your SB buy order: Decide if you will purchase SB shares at the current market price or use a limit order to purchase SB shares at a particular price.
- Get notifications regarding your investment in SB: Create a watchlist to get the latest news on your new investment in Safe Bulkers shares.
Step 1: Choose where to buy Safe Bulkers stock
You need an online brokerage account to access the NYSE market and buy SB shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
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Get $10 towards your share purchase by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal info so you can invest in SB stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have opened your account on our top ranked stock market app, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help transferring money into your new investment account.
Step 4: Evaluate Safe Bulkers stock
After you have identified the best place to buy Safe Bulkers stock, it's crucial to research their stock before you buy, so you can comprehend the risk and upside.
Safe Bulkers stock data
Safe Bulkers Due Diligence Score
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on SB's stock page.
Is SB stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge SB's fair value.
Using relative valuations metrics:
- SB could be undervalued based on its P/E ratio of 3.88x, relative to Marine Shipping industry P/E ratio of 8.5x
- SB may be undervalued based on its P/B ratio of 0.41x, relative to Marine Shipping industry P/B ratio of 0.69x
You can access more valuation analysis on SB's stock here.
SB Financial Overview
Passed Financial Due Diligence Checks:
- SB's operating cash flow of $130.46M allows it to safely service it's debt of $536.64M.
- SB profit margin has gone up from 24.4% to 29.1% in the past year.
- There are more short-term assets than short-term liabilities on the SB balance sheet.
- Total SB debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the SB balance sheet.
- SB has a relatively high debt to equity ratio of 0.69.
- SB earnings of $128.75M is not sufficient to cover its interest payments.
Is SB stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who research SB, the consensus analyst rating on SB is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Safe Bulkers stock forecast page.
SB Technicals
SB Performance Metrics
Last year, SB earnings were $89.38M. Over the last 5 year, SB's earnings have grown by 83.4% per year. This was faster than the Marine Shipping industry average of 39.43%.
Last year, SB revenue was $307.63M. During the last 5 year, SB's revenue has increased by 9.24% per year. This was slower than the Marine Shipping industry average of 37.34%.
You can research SB's earnings and revenue performance here.
What are SB insiders up to?
Over the last year, executives and large shareholders at SB have not bought or sold any shares.
Get more info about who owns SB shares here.
Does SB provide a stable income stream?
Safe Bulkers pays a dividend of 6.21%, compared to the Marine Shipping industry's average dividend yield of 21.89%. If you owned $1,000 of SB stock, you would have been paid $62.11 last year.
Safe Bulkers dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Safe Bulkers dividend yield and history here.
SB Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your SB buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, place a limit order.
Click the Open Trade button and eToro will place your order.
If you need additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in SB
Now that you own some SB shares, you'll want to keep up with your new company.
Create a watchlist to track your SB stock.
SB Feed
How to Buy Stock in Safe Bulkers
To summarize, here are the 6 steps to buy stock in Safe Bulkers:
- Choose where to buy Safe Bulkers stock
- Sign up for your brokerage account
- Fund your investment account
- Evaluate Safe Bulkers stock
- Execute your SB buy order
- Get notifications regarding your investment in SB
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your investment in Safe Bulkers, add SB to your watchlist by clicking the button below.
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