Safe Bulkers Net Income

SB Stock  USD 5.46  0.10  1.80%   
As of the 5th of February, Safe Bulkers has the Risk Adjusted Performance of 0.1166, coefficient of variation of 667.9, and Semi Deviation of 1.25. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Safe Bulkers, as well as the relationship between them.

Safe Bulkers Total Revenue

215.52 Million

Safe Bulkers' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Safe Bulkers' valuation are provided below:
Gross Profit
161.9 M
Profit Margin
0.1678
Market Capitalization
591.5 M
Enterprise Value Revenue
3.6135
Revenue
274.7 M
We have found one hundred twenty available fundamental trend indicators for Safe Bulkers, which can be analyzed and compared to other ratios and to its competition. All investors should make sure to double-check all of Safe Bulkers current market performance against the performance between 2010 and 2026 to make sure the company can sustain itself down the road. As of February 5, 2026, Market Cap is expected to decline to about 456.8 M. In addition to that, Enterprise Value is expected to decline to about 861.2 M This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares80.4 M51.6 M
Net Income87.6 M56.9 M
Net Income From Continuing Ops112 M117.6 M
Net Income Per Share 1.04  1.11 
Net Income Per E B T 0.85  0.76 
At present, Safe Bulkers' Net Income From Continuing Ops is projected to increase significantly based on the last few years of reporting. The current year's Net Income Per Share is expected to grow to 1.11, whereas Net Income Applicable To Common Shares is forecasted to decline to about 51.6 M.
  
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Analyzing Safe Bulkers's Net Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income has evolved provides context for assessing Safe Bulkers's current valuation and future prospects.

Latest Safe Bulkers' Net Income Growth Pattern

Below is the plot of the Net Income of Safe Bulkers over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Safe Bulkers financial statement analysis. It represents the amount of money remaining after all of Safe Bulkers operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Safe Bulkers' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Safe Bulkers' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 97.38 M10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

Safe Net Income Regression Statistics

Arithmetic Mean52,307,922
Geometric Mean59,574,079
Coefficient Of Variation141.54
Mean Deviation59,916,877
Median77,351,000
Standard Deviation74,038,779
Sample Variance5481.7T
Range259M
R-Value0.19
Mean Square Error5640.4T
R-Squared0.04
Significance0.47
Slope2,757,603
Total Sum of Squares87707.9T

Safe Net Income History

202656.8 M
202587.6 M
202497.4 M
202377.4 M
2022172.6 M
2021174.3 M
2020-12.9 M

Other Fundumenentals of Safe Bulkers

Safe Bulkers Net Income component correlations

Safe Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Safe Bulkers is extremely important. It helps to project a fair market value of Safe Stock properly, considering its historical fundamentals such as Net Income. Since Safe Bulkers' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Safe Bulkers' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Safe Bulkers' interrelated accounts and indicators.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Safe Bulkers. If investors know Safe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Safe Bulkers assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.29)
Dividend Share
0.2
Earnings Share
0.36
Revenue Per Share
2.64
Quarterly Revenue Growth
(0.04)
Safe Bulkers's market price often diverges from its book value, the accounting figure shown on Safe's balance sheet. Smart investors calculate Safe Bulkers' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Safe Bulkers' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Safe Bulkers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Safe Bulkers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safe Bulkers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Safe Bulkers 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Safe Bulkers' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Safe Bulkers.
0.00
11/07/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/05/2026
0.00
If you would invest  0.00  in Safe Bulkers on November 7, 2025 and sell it all today you would earn a total of 0.00 from holding Safe Bulkers or generate 0.0% return on investment in Safe Bulkers over 90 days. Safe Bulkers is related to or competes with Ardmore Shpng, Euroseas, Kforce, Ennis, KNOT Offshore, Covenant Logistics, and Compass Diversified. Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services More

Safe Bulkers Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Safe Bulkers' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Safe Bulkers upside and downside potential and time the market with a certain degree of confidence.

Safe Bulkers Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Safe Bulkers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Safe Bulkers' standard deviation. In reality, there are many statistical measures that can use Safe Bulkers historical prices to predict the future Safe Bulkers' volatility.
Hype
Prediction
LowEstimatedHigh
3.435.547.65
Details
Intrinsic
Valuation
LowRealHigh
3.785.898.00
Details
Naive
Forecast
LowNextHigh
3.375.487.60
Details
2 Analysts
Consensus
LowTargetHigh
4.915.405.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Safe Bulkers. Your research has to be compared to or analyzed against Safe Bulkers' peers to derive any actionable benefits. When done correctly, Safe Bulkers' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Safe Bulkers.

Safe Bulkers February 5, 2026 Technical Indicators

Safe Bulkers Backtested Returns

Safe Bulkers appears to be somewhat reliable, given 3 months investment horizon. Safe Bulkers owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Safe Bulkers, which you can use to evaluate the volatility of the company. Please review Safe Bulkers' Coefficient Of Variation of 667.9, risk adjusted performance of 0.1166, and Semi Deviation of 1.25 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Safe Bulkers holds a performance score of 9. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Safe Bulkers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Safe Bulkers is expected to be smaller as well. Please check Safe Bulkers' value at risk, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Safe Bulkers' existing price patterns will revert.

Auto-correlation

    
  0.21  

Weak predictability

Safe Bulkers has weak predictability. Overlapping area represents the amount of predictability between Safe Bulkers time series from 7th of November 2025 to 22nd of December 2025 and 22nd of December 2025 to 5th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Safe Bulkers price movement. The serial correlation of 0.21 indicates that over 21.0% of current Safe Bulkers price fluctuation can be explain by its past prices.
Correlation Coefficient0.21
Spearman Rank Test0.4
Residual Average0.0
Price Variance0.09
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Safe Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(105,840)

At present, Safe Bulkers' Accumulated Other Comprehensive Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Safe Bulkers reported net income of 97.38 M. This is 62.47% lower than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The net income for all United States stocks is 82.95% higher than that of the company.

Safe Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Safe Bulkers' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Safe Bulkers could also be used in its relative valuation, which is a method of valuing Safe Bulkers by comparing valuation metrics of similar companies.
Safe Bulkers is currently under evaluation in net income category among its peers.

Safe Bulkers Current Valuation Drivers

We derive many important indicators used in calculating different scores of Safe Bulkers from analyzing Safe Bulkers' financial statements. These drivers represent accounts that assess Safe Bulkers' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Safe Bulkers' important valuation drivers and their relationship over time.
202120222023202420252026 (projected)
Market Cap133.4M428.7M351.1M446.5M513.5M456.8M
Enterprise Value647.6M705.4M715.3M904.2M1.0B861.2M

Safe Bulkers ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Safe Bulkers' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Safe Bulkers' managers, analysts, and investors.
Environmental
Governance
Social

Safe Bulkers Institutional Holders

Institutional Holdings refers to the ownership stake in Safe Bulkers that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Safe Bulkers' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Safe Bulkers' value.
Shares
Vanguard Group Inc2025-06-30
761.3 K
Geode Capital Management, Llc2025-06-30
719.8 K
Empowered Funds, Llc2025-06-30
633.2 K
Ubs Group Ag2025-06-30
603.8 K
Gsa Capital Partners Llp2025-06-30
534.3 K
Jpmorgan Chase & Co2025-06-30
469.6 K
Acadian Asset Management Llc2025-06-30
459.1 K
Two Sigma Advisers, Llc2025-06-30
459.1 K
Northern Trust Corp2025-06-30
422.1 K
Renaissance Technologies Corp2025-06-30
3.5 M
Blackrock Inc2025-06-30
3.4 M

Safe Fundamentals

About Safe Bulkers Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Safe Bulkers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Safe Bulkers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Safe Bulkers based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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For information on how to trade Safe Stock refer to our How to Trade Safe Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Safe Bulkers. If investors know Safe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Safe Bulkers assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.29)
Dividend Share
0.2
Earnings Share
0.36
Revenue Per Share
2.64
Quarterly Revenue Growth
(0.04)
Safe Bulkers's market price often diverges from its book value, the accounting figure shown on Safe's balance sheet. Smart investors calculate Safe Bulkers' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Safe Bulkers' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Safe Bulkers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Safe Bulkers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safe Bulkers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.