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Safe Bulkers (SB) Competitors

$5.67
+0.03 (+0.53%)
(As of 05/31/2024 ET)

SB vs. SBLK, CDLR, SFL, DHT, LPG, CMRE, DAC, NMM, NVGS, and GSL

Should you be buying Safe Bulkers stock or one of its competitors? The main competitors of Safe Bulkers include Star Bulk Carriers (SBLK), Cadeler A/S (CDLR), SFL (SFL), DHT (DHT), Dorian LPG (LPG), Costamare (CMRE), Danaos (DAC), Navios Maritime Partners (NMM), Navigator (NVGS), and Global Ship Lease (GSL). These companies are all part of the "deep sea foreign transportation of freight" industry.

Safe Bulkers vs.

Safe Bulkers (NYSE:SB) and Star Bulk Carriers (NASDAQ:SBLK) are both transportation companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, risk, earnings, analyst recommendations, valuation, community ranking, media sentiment, institutional ownership and profitability.

Safe Bulkers has a net margin of 27.85% compared to Star Bulk Carriers' net margin of 20.57%. Star Bulk Carriers' return on equity of 12.19% beat Safe Bulkers' return on equity.

Company Net Margins Return on Equity Return on Assets
Safe Bulkers27.85% 10.29% 6.17%
Star Bulk Carriers 20.57%12.19%6.98%

21.7% of Safe Bulkers shares are held by institutional investors. Comparatively, 33.9% of Star Bulk Carriers shares are held by institutional investors. 40.3% of Safe Bulkers shares are held by insiders. Comparatively, 0.9% of Star Bulk Carriers shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Star Bulk Carriers had 4 more articles in the media than Safe Bulkers. MarketBeat recorded 8 mentions for Star Bulk Carriers and 4 mentions for Safe Bulkers. Star Bulk Carriers' average media sentiment score of 0.63 beat Safe Bulkers' score of 0.53 indicating that Star Bulk Carriers is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Safe Bulkers
0 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Star Bulk Carriers
3 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Star Bulk Carriers received 100 more outperform votes than Safe Bulkers when rated by MarketBeat users. Likewise, 70.59% of users gave Star Bulk Carriers an outperform vote while only 61.49% of users gave Safe Bulkers an outperform vote.

CompanyUnderperformOutperform
Safe BulkersOutperform Votes
380
61.49%
Underperform Votes
238
38.51%
Star Bulk CarriersOutperform Votes
480
70.59%
Underperform Votes
200
29.41%

Safe Bulkers currently has a consensus target price of $6.00, suggesting a potential upside of 5.82%. Star Bulk Carriers has a consensus target price of $31.00, suggesting a potential upside of 14.48%. Given Star Bulk Carriers' higher possible upside, analysts plainly believe Star Bulk Carriers is more favorable than Safe Bulkers.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Safe Bulkers
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Star Bulk Carriers
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Safe Bulkers pays an annual dividend of $0.20 per share and has a dividend yield of 3.5%. Star Bulk Carriers pays an annual dividend of $1.80 per share and has a dividend yield of 6.6%. Safe Bulkers pays out 29.4% of its earnings in the form of a dividend. Star Bulk Carriers pays out 81.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Star Bulk Carriers has higher revenue and earnings than Safe Bulkers. Safe Bulkers is trading at a lower price-to-earnings ratio than Star Bulk Carriers, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Safe Bulkers$284.40M2.13$77.35M$0.688.34
Star Bulk Carriers$949.27M2.40$173.56M$2.2212.20

Safe Bulkers has a beta of 0.99, meaning that its stock price is 1% less volatile than the S&P 500. Comparatively, Star Bulk Carriers has a beta of 1.07, meaning that its stock price is 7% more volatile than the S&P 500.

Summary

Star Bulk Carriers beats Safe Bulkers on 16 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SB vs. The Competition

MetricSafe BulkersDeep sea foreign transportation of freight IndustryTransportation SectorNYSE Exchange
Market Cap$605.33M$1.11B$10.13B$17.81B
Dividend Yield3.55%4.93%3.54%3.55%
P/E Ratio8.3413.8719.8422.67
Price / Sales2.132.2023.3011.15
Price / Cash4.965.7615.8518.95
Price / Book0.770.992.165.90
Net Income$77.35M$95.29M$671.06M$976.46M
7 Day Performance5.00%2.21%0.90%0.62%
1 Month Performance12.28%17.17%6.44%4.79%
1 Year Performance75.54%69.15%20.59%24.00%

Safe Bulkers Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SBLK
Star Bulk Carriers
3.3442 of 5 stars
$26.92
-0.3%
$31.00
+15.2%
+58.1%$2.26B$984.62M12.13216Short Interest ↑
CDLR
Cadeler A/S
3.4765 of 5 stars
$24.08
+1.8%
$35.00
+45.3%
N/A$2.11B$117.55M0.00570Short Interest ↓
Gap Up
SFL
SFL
0.873 of 5 stars
$14.24
+0.6%
$12.33
-13.4%
+66.8%$1.97B$752.29M14.6821
DHT
DHT
2.9481 of 5 stars
$12.18
-0.2%
$14.33
+17.7%
+57.2%$1.96B$560.56M11.601,212Short Interest ↑
LPG
Dorian LPG
3.5277 of 5 stars
$47.77
-0.6%
$43.00
-10.0%
+119.1%$1.94B$560.72M6.29602
CMRE
Costamare
1.9453 of 5 stars
$15.13
+0.4%
$11.67
-22.9%
+107.3%$1.78B$1.51B5.862,750News Coverage
DAC
Danaos
1.8537 of 5 stars
$89.34
-1.4%
$90.00
+0.7%
+65.8%$1.73B$973.58M3.081,718Earnings Report
Dividend Announcement
Analyst Forecast
News Coverage
NMM
Navios Maritime Partners
3.8253 of 5 stars
$48.57
-0.3%
N/A+155.9%$1.47B$1.31B3.672,020
NVGS
Navigator
3.4276 of 5 stars
$17.38
+0.3%
$20.00
+15.1%
+36.1%$1.27B$550.74M14.85175
GSL
Global Ship Lease
2.0768 of 5 stars
$28.94
+1.0%
$29.00
+0.2%
+73.6%$1.02B$674.79M3.277Short Interest ↑

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This page (NYSE:SB) was last updated on 6/1/2024 by MarketBeat.com Staff

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