Why is SB a strong buy

Safe Bulkers, Inc. (SB) is a strong buy due to the following reasons:

1. Recent Price Strength: SB has shown a significant price increase of 21.6% over the past 12 weeks, reflecting continued investor interest and potential for future upside.
2. Stable Share Price: The stock's price has been stable, with a low beta, indicating less volatility compared to the wider market. This stability suggests that the stock may be less prone to sharp price drops and more resistant to market fluctuations.
3. Optimistic Earnings Outlook: The company's earnings are expected to double in the coming years, indicating a very optimistic future ahead. This growth is supported by the shipping industry's demand for stronger cash flows, which could lead to a higher share value for SB.
4. Strong Broker Recommendation: SB has an Average Broker Recommendation of #1 (Strong Buy), indicating that analysts are highly optimistic about the stock's near-term price performance.
5. Fleet Performance and Market Position: SB's efficient fleet performance and its ability to navigate a changing regulatory environment position it well for profitability and growth.
6. Dividend Payment: The company has announced a dividend payment, which is covered by its earnings and indicates a commitment to returning value to shareholders.

In conclusion, SB's recent price strength, stable share price, optimistic earnings outlook, strong broker recommendation, fleet performance, market position, and dividend payment all contribute to its status as a strong buy.