Safe Bulkers Consensus Price Target Raised by 12.82% to $8.98
The average one-year price target for Safe Bulkers (NYSE:SB) (ATSE:SB) has been revised to $8.98 / share. This is an increase of 12.82% from the prior estimate of $7.96 dated September 11, 2026. These figures represent an aggregate of analyst targets compiled by Fintel and do not constitute a recommendation by Fintel.
The price target is an average of many targets provided by analysts. The latest targets range from a low of $7.88 to a high of $10.29 / share. The average price target represents an increase of 0.40% from the latest reported closing price of $8.94 / share, recorded on October 1, 2026. The target range has widened, with the current target range width at $2.41, representing a +673.08% change from the prior width of $0.31.
Looking at the historical trajectory of the average target, it stood at $8.98 on October 2, 2026, up from $7.96 on September 15, 2026, August 28, 2026, and August 4, 2026. This current mean of $8.98 is the observed twelve-month high mean, compared to the observed twelve-month low mean of $4.95 recorded on November 9, 2025. Additionally, the target has changed by +18.92% since the 90-day baseline date of June 30, 2026. For context, Safe Bulkers' stock price rose by +8.36% over a one-week period from a baseline close of $8.25 on September 24, 2026, and increased by +2.17% over a one-month period from a baseline close of $8.75 on September 1, 2026.
Safe Bulkers, Inc. is a global provider of marine drybulk transportation services, headquartered in Monaco, focusing on transporting bulk cargoes such as coal, grain, and iron ore. In its latest earnings report on July 29, 2026, the company reported an actual EPS of 0.28, which was a +15.65% surprise over the estimated 0.2421. Actual revenue was reported at $87,465,000.00, representing a +11.37% surprise over the estimated $78,537,500.00.
As of September 1, 2026, the consensus recommendation trend for the company remained steady compared to August 1, 2026, with 3 strong buy, 5 buy, and 2 hold recommendations, representing 80.0% positive and 20.0% hold ratings out of 10 total recommendations. Within the GICS Passenger Airlines sub-industry, which covers 23 companies, 6 companies saw target increases, 5 saw decreases, and 12 remained unchanged, with a sub-industry median revision of 0.00%.
In comparison to its peers in the drybulk shipping space, Safe Bulkers' target revision of 12.82% represents a notable increase. Among its peers, Star Bulk Carriers saw a positive target revision, while Genco Shipping & Trading experienced a slight downward revision, and Diana Shipping remained unchanged.
| Company | Target revision | Implied change |
|---|---|---|
| Genco Shipping & Trading | -0.45% | +9.42% |
| Diana Shipping | 0.00% | +3.09% |
| Star Bulk Carriers | +6.25% | +17.39% |
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