Simply Wall Street6/24/2026Bullish (0.606)
Safe Bulkers, Inc. Just Beat EPS By 90%: Here's What Analysts Think Will Happen Next
Safe Bulkers, Inc. (NYSE:SB) recently reported strong first-quarter results, with revenues 19% higher and EPS beating analyst estimates by 90% at US$0.20. Following these positive results, analysts have significantly upgraded their future forecasts, bumping up 2026 revenue expectations to US$304.8m and earnings per share to US$0.99, while also increasing the price target to US$7.38. The company is now expected to outpace industry growth, with future revenue growth projected at 9.0% annually.
