Safe Bulkers (SB) Earns Media Impact Score of 0.09

Zacks' sales calculations are an average based on a survey of sell-side research firms that follow Scorpio Bulkers.

On during the last trading session the stock increased $0.05 or 1.59%, reaching $3.2.Currently Safe Bulkers, Inc.is uptrending after 69.31% change in last April 17, 2017. Three analysts have issued estimates for Scorpio Bulkers' earnings. Scorpio Bulkers has a twelve month low of $5.70 and a twelve month high of $10.14. The shipping company reported ($0.01) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.01).

Scorpio Bulkers (NYSE:SALT) last announced its quarterly earnings results on Monday, February 5th. Analysts predict $-0.02 earnings per share. The stock has a market cap of $319.84, a PE ratio of -19.56 and a beta of 1.94. Safe Bulkers had a return on equity of 16.52% and a net margin of 3.26%.

The public company has a fleet of more than 50 ultramax and kamsarmax bulkers following a return to growth past year, which saw a number of transactions at the tail end of 2017. The EPS diference is $0.09 or 128.57 % up from last years number.

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Several equities research analysts recently commented on the company. Stifel Nicolaus set a $3.00 price target on Safe Bulkers and gave the stock a "hold" rating in a research note on Thursday, February 15th. TheStreet downgraded shares of Safe Bulkers from a "c" rating to a "d+" rating in a report on Tuesday, April 10th. Safe Bulkers now has a consensus rating of "Hold" and an average price target of $3.63. Stifel Nicolaus maintained Scorpio Bulkers Inc.

12/18/2017-Jefferies Group initiated coverage with a Hold rating.

Scorpio Bulkers (NYSE:SALT) has been given an average recommendation of "Hold" by the eight ratings firms that are presently covering the company, Marketbeat Ratings reports. "Buy" rating has 1, "Sell" are 1, while 3 are "Hold". On Thursday, February 8 Maxim Group maintained the shares of SB in report with "Buy" rating. SB has also 247,053 shares volume. Millennium Management LLC boosted its stake in shares of Scorpio Bulkers by 136.4% in the fourth quarter. Finally, Malaga Cove Capital LLC purchased a new position in Scorpio Bulkers in the fourth quarter worth approximately $299,000. Raging Capital Management LLC now owns 3,538,399 shares of the shipping company's stock valued at $26,184,000 after buying an additional 308,139 shares during the period. Finally, Marshall Wace LLP bought a new position in Scorpio Bulkers during the fourth quarter valued at approximately $2,236,000. Hedge funds and other institutional investors own 37.04% of the company's stock. About 205,838 shares traded. Scorpio Bulkers has $1400 highest and $1 lowest target.

Scorpio Bulkers Inc., a shipping company, owns and operates dry bulk carriers.The company has $551.56 million market cap. The Company's vessels transport a range of bulk commodities, including ores, coal, grains, and fertilizers along worldwide shipping routes.now it has negative earnings.

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