Consensus target rises to USD 8.98 for Safe Bulkers stock

Published on 10/15/2026 at 20:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EBITDA reached USD 50.30 million in Q2 2026. Safe Bulkers stock costs EUR 7.15 on October 15, 2026, 20.56 percent below EUR 9.00.

Analyst target and price position

Nasdaq reported a USD 8.98 consensus target for Safe Bulkers on October 2, 2026.
Adjusted EBITDA reached USD 50.30 million in the second quarter of 2026.
Safe Bulkers stock costs EUR 7.15 at Lang & Schwarz on October 15, 2026 at 7:59 p.m. CEST, 20.56 percent below the EUR 9.00 52-week high.
Safe Bulkers traded at a P/E ratio of 10.35 as of October 15, 2026.

SB, MHY7388L1039, Illustration mit AI erstellt.

Safe Bulkers (MHY7388L1039) has a USD 8.98 average analyst target, while the latest euro quotation stands below the company stock's Athens 52-week high. Nasdaq reported the target on October 2, 2026, up from USD 7.96 on September 11, 2026. Safe Bulkers was trading at EUR 7.15 at Lang & Schwarz on October 15, 2026 at 7:59 p.m. CEST.

Second-quarter earnings add support

Safe Bulkers generated adjusted EBITDA of USD 50.30 million in the second quarter of 2026, compared with USD 25.50 million a year earlier. Adjusted earnings per share rose to USD 0.28 from USD 0.01. ScanX News reported the figures on September 17, 2026.

Stock sits below the yearly high

The Athens quotation closed at EUR 7.29 on October 14, 2026, while the reported 52-week range was EUR 3.63 to EUR 9.00. The EUR 7.15 Lang & Schwarz price is 20.56 percent below the rounded high. The same market page reported a 32.90 percent six-month gain and a market capitalization of EUR 742.40 million on October 14, 2026. The current U.S. quotation was USD 8.03 at 2:04 p.m. EDT on October 15, 2026, with a 52-week range of USD 4.23 to USD 9.31.

Valuation leaves a mixed picture

Safe Bulkers carried a price-to-earnings ratio of 10.35 and a market capitalization of USD 913.5 million in the October 15, 2026 U.S. quote. The USD 8.98 consensus target is 11.83 percent above the USD 8.03 quotation. The target revision gives investors a concrete benchmark, while the gap between the dollar and euro quotations reflects the company's dual-market trading structure.

Comparison with peers

Safe Bulkers (NYSE, USD): minus 2.37 percent, P/E 10.35, market capitalization USD 913.5 million
Star Bulk Carriers (Nasdaq, USD): minus 3.06 percent, P/E 10.95, market capitalization USD 3.1 billion
Diana Shipping (NYSE, USD): minus 2.46 percent, P/E 5.29, market capitalization USD 320.4 million

Price and valuation in view

Safe Bulkers operates a dry-bulk fleet serving cargoes such as coal, grain and iron ore. Its latest reported quarter showed higher earnings alongside a stronger charter-rate environment.

Safe Bulkers was trading at EUR 7.15 at Lang & Schwarz on October 15, 2026 at 7:59 p.m. CEST. The price sits 20.56 percent below the EUR 9.00 52-week high reported for the Athens listing on October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of Safe Bulkers stock.