Safe Bulkers (SB)
Operates an international fleet carrying dry-bulk commodities under charter.
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Moves iron ore, coal, grain, and minor-bulk cargoes worldwide through a chartered fleet across four vessel size classes.
Owned and operated dry-bulk vessels move major bulks—iron ore, coal, and grain—and minor bulks such as bauxite, fertilizers, and steel products through international seaborne trade. Chartering a fleet across four vessel size classes is the company's single operating business. Its cargo capacity is marketed internationally.
Offices in Monaco, Greece, Cyprus, and Switzerland support a worldwide operating footprint. Fleet renewal centers on higher-efficiency and environmentally upgraded vessels designed to meet tightening emissions standards.
Operations depend on freight-market supply and demand, charterer demand, vessel availability, and access to financing rather than on a branded consumer-product portfolio.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jan 27, 2025 | DNB Markets | Upgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $134.5M · Total debt $511.4M · Total assets $1.43B · Shareholders' equity $870.3M
- Revenue
- $87.5M
- Operating income
- $35.9M
- Net income
- $35.2M
HistoryDividendAnnual yield
| Institutions | ≈ 38.38% | 39.08M shares | |
|---|---|---|---|
| 166 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 97.02% | 98.79M shares | |
| 7 holders · as of Sep 11, 2026 | |||
| Strategic holders | 5.31% | 5.41M shares | |
| 1 holder · as of Dec 13, 2019 | |||
| Adds to | 140.71% | ||
101.83M company shares as of Sep 17, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 140.71%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Polys Hajioannou1,2Insiderdirector, 10 percent owner, officer: Chief Executive Officer | 48.99% | 49.88M | filed Sep 11, 2026 |
Polys HajioannoInsider | 47.51% | 48.38M | filed May 18, 2026 |
Imabari Shipbuilding Co LtdStrategic | 5.31% | 5.41M | filed Dec 13, 2019 |
Goldman Sachs Group IncInstitution | 3.97% | 4.04M | as of Jun 30, 2026 |
Kopernik Global Investors, LLCInstitution | 3.65% | 3.71M | filed Feb 3, 2017 |
- Polys Hajioannou's transaction reports restate only vehicles that traded; the 2026 ownership statement (49.88M) is used instead.
- Polys Hajioannou reports a block also reported by UBS Group AG; it is counted once, under UBS Group AG.
Insider tradesForm 4
No open-market trades in the last 12 months.
- Star Bulk Carriers
Global dry-bulk owner across major and minor bulk vessel classes
- CMB.TECH (ADR)
Diversified maritime group with former Golden Ocean dry-bulk scale
- Genco Shipping & Trading
Dry-bulk owner serving global major- and minor-bulk commodity routes
- Diana Shipping
Global dry-bulk owner and bareboat charterer across six vessel classes
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Safe Bulkers | $8.56 | −3.55% | $903.2M | 11.4 | 12.5 | 2.9 | +33.0% |
| Star Bulk Carriers | $31.35 | −1.21% | $3.54B | 12.4 | 7.4 | 2.9 | +61.6% |
| CMB.TECH (ADR) | $19.52 | −0.74% | $5.70B | 6.8 | 8.5 | 2.5 | +78.0% |
| Genco Shipping & Trading | $27.16 | −2.41% | $1.21B | 30.7 | 11.6 | 2.8 | +14.0% |
| Diana Shipping | $2.92 | −1.85% | $366.9M | 6.1 | 6.1 | 1.7 | +4.8% |
| Median | 9.6 | 7.9 | 2.6 | +37.8% |