Safe Bulkers, Inc. is a holding company engaged in the acquisition, ownership and operation of drybulk vessels, providing marine drybulk transportation services globally. Co. transports bulk cargoes such as coal, grain, and iron ore along various international shipping routes. Its Post-Panamax fleet includes vessels like Marina, Xenia, Sophia, Eleni, Martine, Andreas K, Panayiota K, Venus Heritage, Venus History, Venus Horizon and Troodos Sun, while its Capesize fleet consists of Kanaris, Pelopidas and Lake Despina. We show 11 historical shares outstanding datapoints in our SB shares outstanding history coverage, used to compute SB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SB market cap history over the course of time is important for investors
interested in comparing SB's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SB versus a peer is one thing; comparing
SB market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SB can fluctuate over the course of history.
With this page we aim to empower investors researching SB by allowing them to research the SB market cap history. |
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Video: The Importance of Market Cap
