Simply Wall St reaffirms fair value for Safe Bulkers stock

Published on 10/08/2026 at 14:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fair value stays at USD 9.50 on October 7, 2026. Safe Bulkers stock costs EUR 7.63 on October 8, 2026 after EUR 7.55, plus 1.06 percent.

SB, MHY7388L1039, Illustration mit AI erstellt.

Safe Bulkers (MHY7388L1039) was trading at EUR 7.63 at Lang & Schwarz on October 8, 2026 at 2:12 p.m. CEST, up 1.06 percent from the EUR 7.55 prior close. On October 7, 2026, Simply Wall St reviewed and reaffirmed a USD 9.50 fair value, leaving the valuation reference unchanged.

What does the valuation mean?

The valuation reference is separate from the euro quotation. Simply Wall St listed Safe Bulkers at USD 8.58 and its fair value at USD 9.50 on October 7, 2026, describing a 9.70 percent discount.

The same update highlighted 24 ordered Phase 3 vessels, two dual-fuel deliveries scheduled for the first quarter of 2027 and a targeted 45 percent Phase 3 share by 2029. It also cited a 22 percent cut in fleet carbon intensity and upgrades on 26 vessels, linking the operating case to fleet renewal rather than to a new valuation target.

Three dated company milestones

On July 28, 2026, Safe Bulkers reported revenue of USD 87.47 million and adjusted earnings per share of USD 0.28 for the second quarter of 2026, according to ScanX News.

On September 9, 2026, the company placed 12,000,000 new common shares at EUR 6.70 each, raising EUR 80.40 million in gross proceeds, according to StockTitan.

On October 2, 2026, the board declared a USD 0.50 quarterly dividend for each Series C and Series D preferred share, according to GlobeNewswire.

Two dates shape the dividend

The preferred dividend is payable on October 30, 2026, to shareholders of record on October 16, 2026, according to GlobeNewswire. Future preferred dividends remain subject to board discretion, so the announced payment date is the concrete near-term income event.

Revenue growth meets dilution

The second-quarter revenue figure was USD 87.47 million, while adjusted earnings per share reached USD 0.28. The September placement added 12,000,000 shares, a capital increase that gives the fleet renewal program funding but also expands the common share count.

Stock price and market value

Safe Bulkers common stock is listed on the NYSE under SB and also trades on Euronext Athens. The Lang & Schwarz quote was EUR 7.63 on October 8, 2026 at 2:12 p.m. CEST, plus 1.06 percent versus the EUR 7.55 prior close. The USD 860.4 million market capitalization and USD 3.32 to USD 9.31 52-week range came from the October 7, 2026 primary-market quote context.

The further course of trading is shown by the continuously updated real-time quote of Safe Bulkers stock.