Core Insights - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets, highlighting its growth potential and diversification opportunities [1] Investment Focus - The company has diversified its investments across various sectors including banking, telecommunications, logistics, and hotels, indicating a strategic approach to portfolio management [1] - The entry into the US market in 2020 reflects a growing interest in international investments, particularly in sectors like banks, hotels, and logistics [1] Market Trends - The popularity of insurance companies in the Philippines since 2014 suggests a shift in investment preferences among local investors, moving towards more diversified financial products [1] - The trend of using platforms like Seeking Alpha for analysis indicates a growing reliance on data-driven insights for investment decisions in both the ASEAN and US markets [1]

MONACO, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of two newbuild, 82,500 dwt, dry-bulk, Chinese, Kamsarmax class vessels, with scheduled delivery dates in the third quarter of 2028 and the first quarter of 2029. The newbuild vessels are designed to meet the Phase 3 requirements of the Energy Efficiency Design Index related to the ...

MONACO, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the “Series C Preferred Shares”) (NYSE: SB.PR.C) for the period from October 30, 2025 to January 29, 2026; a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Red ...

Core Viewpoint - Safe Bulkers, Inc. has authorized a share repurchase program allowing the company to buy up to 10,000,000 shares of its common stock, representing approximately 9.8% of outstanding shares and 20.0% of its public float [1][2]. Group 1: Share Repurchase Program - The program does not obligate the company to purchase shares and can be modified or terminated at any time without prior notice [2]. - Purchases will be made in the open market in compliance with applicable laws and regulations, specifically under Rule 10b-18 of the Securities Exchange Act of 1934 [2]. - The repurchase will be funded using the company's existing cash resources and supersedes any prior repurchase program [2]. Group 2: Company Overview - Safe Bulkers, Inc. is an international provider of marine dry-bulk transportation services, focusing on transporting bulk cargoes such as grain, coal, and iron ore along global shipping routes [3]. - The company's common stock and preferred stocks are listed on the NYSE under the symbols "SB", "SB.PR.C", and "SB.PR.D" respectively [3].

Group 1 - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1]

Core Viewpoint - Safe Bulkers Inc. has shown significant stock performance with an 8.38% increase in the current session, a 15.98% increase over the past month, and a 40.58% increase over the past year, leading to optimism among long-term shareholders [1] Group 1: Stock Performance - The current trading price of Safe Bulkers Inc. is $5.30 [1] - The stock has increased by 15.98% over the past month [1] - The stock has increased by 40.58% over the past year [1] Group 2: Price-to-Earnings Ratio Analysis - Safe Bulkers has a lower P/E ratio compared to the Marine Transportation industry's aggregate P/E of 65.81, suggesting potential undervaluation [6] - A lower P/E ratio may indicate that shareholders do not expect future growth or that the company is undervalued [5][10] - The P/E ratio should not be used in isolation; other factors such as industry trends and business cycles also impact stock prices [10]

Financial Performance - Safe Bulkers, Inc. reported net revenues of $73.1 million for Q3 2025, an increase from $65.7 million in Q2 2025[12]. - The company achieved a net income of $17.8 million in Q3 2025, compared to $1.7 million in Q2 2025, reflecting a significant recovery in profitability[12]. - Adjusted EBITDA for Q3 2025 was $36.1 million, up from $25.5 million in Q2 2025, indicating improved operational efficiency[12]. - Net revenues for the third quarter of 2025 decreased by 4% to $73.1 million compared to $75.9 million in the same period of 2024[61]. - Net income for the nine-month period ended September 30, 2025, was $26,726 thousand, down 65.7% from $78,015 thousand in the same period of 2024[73]. - Adjusted net income for the three-month period ended September 30, 2025, was $13,874 thousand, a decline of 26.5% from $18,983 thousand in the same period of 2024[75]. - EBITDA for the nine-month period ended September 30, 2025, was $93,107 thousand, a decrease of 35.6% compared to $144,523 thousand in the same period of 2024[75]. - The net cash provided by operating activities for the nine-month period ended September 30, 2025, was $69.1 million, down from $101.0 million in the same period of 2024[73]. Fleet and Vessels - As of November 21, 2025, the fleet consisted of 45 vessels with an average age of 10.3 years, including 12 vessels compliant with IMO GHG Phase 3 regulations[28]. - The company has an orderbook of six newbuilds, including two methanol dual-fueled vessels, scheduled for delivery in 2026 and 2027[29]. - The company operated 46.51 vessels on average during the third quarter of 2025, compared to 45.27 vessels in the same period of 2024[61]. - The number of vessels remained stable at 45 as of both September 30, 2024, and September 30, 2025[80]. - The company has a total fleet capacity of 4,559,000 Dwt, with various charter rates ranging from $11,750 to $29,543 per day[87]. - The fleet scrap value was $274.0 million as of September 30, 2025, and increased to $280.0 million by November 21, 2025[44][47]. Cash and Debt Management - Total cash as of Q3 2025 was $123.9 million, with undrawn revolving credit facilities amounting to $266.5 million, providing financial flexibility[19]. - As of September 30, 2025, the consolidated debt was $525.0 million, with a consolidated leverage of approximately 35%[37]. - The company had $123.9 million in cash and cash equivalents as of September 30, 2025, and $266.5 million in undrawn borrowing capacity[42]. - Cash and cash equivalents decreased to $115,246 thousand as of September 30, 2025, from $128,422 thousand as of December 31, 2024[74]. Operational Efficiency - The average daily Time Charter Equivalent (TCE) rate was $15,507 in Q3 2025, down from $17,108 in Q3 2024, showing market fluctuations[33]. - Daily vessel operating expenses decreased by 4% to $5,104 for the third quarter of 2025 compared to $5,311 for the same period in 2024[70]. - Interest expense decreased to $7.6 million in the third quarter of 2025 from $7.7 million in the same period of 2024, despite an increase in the weighted average loan outstanding[69]. - The average TCE for the third quarter of 2025 was $15,507, down from $17,108 in the same period of 2024, reflecting a weaker charter market[61]. Dividends and Shareholder Returns - A cash dividend of $0.05 per share was declared, reflecting the company's commitment to returning value to shareholders[11]. - The company declared a cash dividend of $0.05 per share on November 25, 2025, payable on December 19, 2025[49]. Market and Strategic Outlook - The company has experienced risks related to market volatility, fuel prices, and operational disruptions due to external factors[111]. - The company emphasizes the importance of monitoring changes in demand for dry-bulk vessels and competitive market factors[111]. - The company is actively expanding its fleet with new builds and acquisitions, focusing on long-term charters to secure revenue[87]. - The company has plans for future vessel acquisitions and further time charters as part of its growth strategy[111]. Charter Agreements - The average duration of time charters is approximately 3 to 10 years, providing stable revenue streams[90]. - The company has secured new charters with rates such as $17,250 for the Ammoxostos and $16,900 for the Rizokarpaso, both with charter periods extending into 2026[87]. - The charter agreement for MV Kanaris agreed to reimburse $634 per day for scrubber and BWTS costs, increasing the recognized daily charter rate[91]. - The company has a time charter agreement for 22 to 26 months at a gross daily rate of $20,000, with an option to extend to 34 to 36 months[108]. - A time charter for 8 to 11 months was set at a daily gross rate of $10,400 for the first 45 days, increasing to $14,700 thereafter[106]. - The company entered into a time charter for MV Ammoxostos for a duration of ten years with purchase options starting three years after the charter commencement[105]. - The charter agreement for MV Efrossini includes multiple extensions with varying daily rates, reflecting strategic flexibility in operations[107].

Group 1 - The article does not provide any specific content or key points related to a company or industry [1]

Core Insights - CD Projekt, Poland's largest game developer, reported a 148% year-on-year increase in third-quarter net profit, driven by strong sales from its back catalog of games [1] Financial Performance - The company experienced a significant rise in net profit, indicating robust financial health and effective sales strategies [1] Sales Performance - Strong sales from the back catalog of games contributed to the impressive profit growth, highlighting the importance of legacy titles in the company's revenue generation [1]

Financial Data and Key Metrics Changes - Adjusted EBITDA for Q3 2025 was $36.1 million, down from $41.3 million in Q3 2024, reflecting a decrease in revenues due to lower charter highs [14] - Adjusted earnings per share for Q3 2025 was $0.12, compared to $0.16 in the same period last year [14] - Average time charter equivalent (TCE) decreased to $15,507 in Q3 2025 from $17,108 in Q3 2024 [15] - Daily vessel running expenses decreased by 4% to $5,104 in Q3 2025 from $5,311 in Q3 2024 [15] Business Line Data and Key Metrics Changes - The company sold two of its oldest vessels as part of its fleet renewal strategy [3] - The fleet now includes 12 phased new vessels delivered from 2022 onwards, with 24 vessels environmentally upgraded [5] Market Data and Key Metrics Changes - The dry bulk fleet is projected to grow by about 3% on average in 2025 and 2026, with asset prices expected to rise in line with the freight market [4] - Global dry bulk demand growth is forecasted at 2% in 2026 and 1.5% in 2027, with grains and minor bulks being the best-performing sectors [7] Company Strategy and Development Direction - The company maintains a strong capital structure, providing flexibility in capital allocation and has declared a dividend of $0.05 per share [3] - Focus on fleet energy efficiency and lower CO2 taxation, with zero vessels rated D and E in carbon intensity for 2024 [11] Management Comments on Operating Environment and Future Outlook - Management noted a weaker charter market environment in Q3 2025 compared to the same period in 2024, with geopolitical factors contributing to market volatility [3][14] - The company anticipates an improving trade market rate due to a trade truce between the U.S. and China [6] Other Important Information - The company has a market cap of $496 million and maintains significant liquidity with $390 million in capital resources [11] - The company has a revenue backlog of $154 million, underscoring its capacity to support debt service and shareholder returns [17] Q&A Session Summary - No questions were raised during the Q&A session, and management concluded the call by thanking participants [18][20]