The average one-year price target for Safe Bulkers (NYSE:SB) has been revised to $7.04 / share. This is an increase of 21.05% from the prior estimate of $5.81 dated April 25, 2026.
The price target is an average of many targets provided by analysts. The latest targets range from a low of $6.97 to a high of $7.24 / share. The average price target represents a decrease of 3.19% from the latest reported closing price of $7.27 / share.
What is the Fund Sentiment?
There are 159 funds or institutions reporting positions in Safe Bulkers. This is an decrease of 66 owner(s) or 29.33% in the last quarter. Average portfolio weight of all funds dedicated to SB is 0.04%, an increase of 3.26%. Total shares owned by institutions decreased in the last three months by 8.43% to 34,811K shares.
The put/call ratio of SB is 0.01, indicating a bullish outlook.
What are Other Shareholders Doing?
Renaissance Technologies holds 3,490K shares representing 3.41% ownership of the company. In its prior filing, the firm reported owning 3,516K shares , representing a decrease of 0.76%.
Goldman Sachs Group holds 2,651K shares representing 2.59% ownership of the company. In its prior filing, the firm reported owning 2,033K shares , representing an increase of 23.30%. The firm increased its portfolio allocation in SB by 42.63% over the last quarter.
Lsv Asset Management holds 1,963K shares representing 1.92% ownership of the company. In its prior filing, the firm reported owning 1,964K shares , representing a decrease of 0.04%. The firm increased its portfolio allocation in SB by 29.74% over the last quarter.
American Century Companies holds 1,792K shares representing 1.75% ownership of the company. In its prior filing, the firm reported owning 1,635K shares , representing an increase of 8.73%. The firm increased its portfolio allocation in SB by 17.49% over the last quarter.
Arrowstreet Capital, Limited Partnership holds 1,712K shares representing 1.67% ownership of the company. In its prior filing, the firm reported owning 1,765K shares , representing a decrease of 3.09%.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.