Based on the aggregated intelligence of 170,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, dry bulk shipper Safe Bulkers (NYSE: SB ) has earned a respected four-star ranking.
With that in mind, let's take a closer look at Safe Bulkers' business and see what CAPS investors are saying about the stock right now.
Safe Bulkers facts
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Headquarters (Founded)
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Athens, Greece (2007)
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Market Cap
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$521.7 million
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Industry
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Shipping
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Trailing-12-Month Revenue
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$165 million
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Management
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Chairman/CEO Polys Hajioannou
CFO Konstantinos Adamopoulos
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Return on Capital (Average, Past 2 Years)
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13.3%
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Cash/Debt
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$48.2 million / $486.4 million
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Dividend Yield
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8.2%
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Competitors
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Eagle Bulk Shipping (Nasdaq: EGLE )
DryShips (Nasdaq: DRYS )
Navios Maritime Holdings (NYSE: NM )
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Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.
On CAPS, 92% of the 228 members who have rated Safe Bulkers believe the stock will outperform the S&P 500 going forward. These bulls include dh1000 and All-Star TSIF, who is ranked in the top 0.1% of our community.
Earlier this year, dh1000 listed several of Safe Bulkers' positives: "Relatively new ships on contracts for varying periods of time (staggered terms) with solid customers; reasonable debt and good dividends."
Currently, Safe Bulkers even sports a cheapish P/E of 4.6. That represents a discount to rivals like Eagle Bulk (10.0), DryShips (6.1), and Navios Maritime (7.9).
CAPS All-Star TSIF elaborates on the bargain opportunity:
The excess shipping is creating bargains for those who can afford to buy new ones from cancelled orders left at distressed shipyards, but they have to come to market profitably. I think Safe Bulkers after it's drop the last two months has a decent chance of holding it's own, which is all you really need right now. If they can maintain thieir dividend, (which at today's depressed share price is almost 8%, they should be able to hold up handily against the S&P).
What do you think about Safe Bulkers, or any other stock for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!
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