Safe Bulkers, Inc ($0.001 par value) (SB) Company Bio
Safe Bulkers, Inc. provides marine drybulk transportation services worldwide. It is involved in the acquisition, ownership, and operation of dry bulk vessels for transporting bulk cargoes, primarily coal, grain, and iron ore. The company was founded in 2007 and is based in Athens, Greece.
SB Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Safe Bulkers Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Safe Bulkers Inc ranked in the 78th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 392.67%. As for the metrics that stood out in our discounted cash flow analysis of Safe Bulkers Inc, consider:
17% of the company's capital comes from equity, which is greater than merely 4.94% of stocks in our cash flow based forecasting set.
As a business, Safe Bulkers Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than merely 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
NXTD, NMM, TRNS, URI, and ALG can be thought of as valuation peers to SB, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Safe Bulkers, Inc. (SB) Q2 2020 Earnings Conference Call August 5, 2020 9:30 AM Company Participants Loukas Barmparis – President Konstantinos Adamopoulos – Chief Financial Officer Conference Call Participants James Monigan – Citi Randy Giveans – Jefferies Presentation Operator Thank you for standing by, ladies and gentlemen, and welcome to...
Earnings Release: Tuesday, August 4, 2020, After Market Closes Conference Call and Webcast: Wednesday, August 5, 2020, at 9:30 A.M. Eastern TimeMONACO, July 30, 2020 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the quarter ended June 30, 2020 after the market closes in New York on Tuesday, August 4, 2020.On Wednesday, August 5, 2020, at 9:30 A.M. Eastern Time, the Company’s management team will host a conference call to discuss the financial results.Conference Call Details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 (877) 553-9962 (US Toll Free Dial In), 0(808) 238-0669 (UK Toll Free ...
Shipping is a tough sector where operators must prepare for the worst and hope for the best. Things looked very bleak for Safe Bulkers Inc. (SB) as the Baltic Dry Index hit a low of just 393 in May. Even for a low cost operator such as SB, dry bulk...
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