Safe Bulkers: Better Margins At A Cheaper Price

ahmet ihsan ariturk Thesis When I first wrote about Safe Bulkers (NYSE:SB) in January 2023, my thesis had four pillars. Since my article, SB has significantly outperformed a collection of peers on a price appreciation and total return basis, with only Golden Ocean coming in close. Shareholders have achieved a total return of 89%, or 59% annualised. As for my assumptions: If you want to invest in the dry-bulk sector, SB still seems the best value and highest-quality company. That said, the sector is less att ...