SB

Safe BulkersB

NYSE / Transportation

At close

2026-06-02

Current thesis

The company is still refreshing the fleet through sales of older vessels and targeted newbuild additions, which can improve fuel efficiency and operating mix over time. If dry-bulk rates hold and the balance sheet remains disciplined, the asset-rollover story can keep supporting cash generation.

Posture

Constructive

Lead driver

Momentum

What changed

Momentum remains the lead driver in the composite, 7D delta -5.3.

What can break

Dry-bulk charter/TCE rates and vessel operating expenses can swing results quickly.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $6.25 · Bull $7.80 · Bear $5.10

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-19 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Neutral

Target $5.70

Why

Momentum68 · Δ7d -5.3

Value57 · Δ7d +0.5

Sentiment53 · Δ7d +2.2

So what

Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Lead driver: Momentum · See technicals

Momentum

34% active weight

Current posture

7d trendImproving

Δ7d

-5.3

Δ21d

-3.5

Value

32% active weight

Current posture

7d trendFlat

Δ7d

+0.5

Δ21d

+2.4

Sentiment

33% active weight

Current posture

7d trendImproving

Δ7d

+2.2

Δ21d

+19.9

Why this grade

Composite grade B. Momentum 67.5 / Value 57.3 / Sentiment 53.0

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$676.86M

Beta

1.13

Shares Out

102.33M

P/E (TTM)

13.6

P/S (TTM)

1.81

P/FCF (TTM)

Rev YoY

-3.7%

EPS YoY

-31.7%

Gross Margin

+58.7%

Op Margin

+27.6%

Net Debt

$411.22M

Current Ratio

2.72

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology