Safe & Green Holdings Corp.
(SGBX)
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5.07 USD +0.30
Closed: 17 May, 3:55 pm
Symbol SGBX
Market Cap 6.1M
Price 5.07
Open 4.01
52-wk High 27.00
50 Day Avg 3.93
Earnings Announcement 2024-05-16
Website https://safeandgreenholdings.com
Name Safe & Green Holdings Corp.
Shares Outstanding 1,218,080
Change % 36.6577%
Low 3.97
52-wk Low 2.02
200 Day Avg 8.32
Last Dividend 0.00
Exchange NASDAQ
Volume 2,008,142
Previous Close 3.71
High 5.90
EPS -22.60
PE -0.22
Avg Volume 2,085,810
CUSIP 78418A505
Safe & Green Holdings Corp. Outlook
Description Safe & Green Holdings Corp. designs and modifies code-engineered cargo shipping containers and purpose-built modules for commercial, industrial, and residential building construction in the United States. The company redesigns, repurposes, and convert heavy-gauge steel cargo shipping containers into SGBlocks, which are green building blocks for construction. It serves architects, landowners, builders, and developers. The company was formerly known as SG Blocks, Inc and changes its name to Safe & Green Holdings Corp. in December 2022. The company was founded in 2007 and is headquartered in Miami, Florida.
Currency USD
ISIN US78418A5056
Industry Manufacturing - Metal Fabrication
Changes 1.36
CUSIP 78418A505
Range 2.02 - 27.00
Beta -2.55
CIK 0001023994

Safe & Green Holdings Corp. News

17-May-2024 8:30 AM

Safe & Green Holdings Reports First Quarter 2024 Results and Provides a Business Update

$8 million in new business at SG Echo subsidiary; Anticipates cash flow positivity at the factory in 2024 Cost-Saving Initiatives Expected to Save $2.5 Million in Annualized Expenses to be Recognized in 2024 MIAMI, May 17, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, reported results for the three months ended March 31, 2024. Recent Highlights: Received an expanded scope of work for a contract with a government contractor to refurbish 19 container modules for a major U.S. agency, adding an extra $1 million to build 11 additional military office containers.

10-May-2024 8:30 AM

Safe & Green Holdings Contract with Government Contractor Increased by Approximately $1 Million to Construct 11 Additional Military Office Containers

Modular office containers MIAMI, May 10, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, today announced that a current military contract has been increased again, as of May 9, 2024, by approximately $1.0 million, with more than $900,000 of that change order being allocated to 11 new office containers. Paul Galvin, Chairperson and CEO of Safe and Green Holdings, stated, "I am excited to announce that a principal government contractor has augmented our original agreement, which involved refurbishing 19 modular units, to now include the construction of 11 new build modular office containers.

09-May-2024 8:30 AM

Safe & Green Holdings Receives Expanded Scope of Work for Contract with Government Contractor to Refurbish 15 Container Modules for a Major U.S. Agency

Refurbished Container Modules MIAMI, May 09, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, today announced it has received an expanded scope of work from a government contractor for a previously announced contract to refurbish 15 container modules to be used by a major U.S. government agency. Paul Galvin, Chairperson and CEO of Safe and Green Holdings stated, “We are always honored to work on behalf of our great military, directly and through other contractors.

08-May-2024 8:30 AM

Safe & Green Holdings Reports Year-End 2023 Results

Reports 30% Increase in Construction Services Revenue Compared to 2022 Completed Successful Spin-Out of Safe and Green Development Corporation as a Nasdaq Listed Publicly Traded Company Cost-Saving Initiatives Expected to Save $2.5 Million in Annualized Expenses to be Recognized in 2024 Partnering with Tunnel to Towers Foundation to Construct Travelling Modular Home to Showcase Foundation's Homeless Veteran Program MIAMI, May 08, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, reported results for the year ended December 31, 2023. Recent Highlights: Achieves 30% year-over-year increase in construction services revenue for the year ended December 31, 2023 Executed a Master Purchase Agreement (MPA) with Safe and Green Development Corporation ("SG DevCo") (NASDAQ: SGD), the Company's real estate development subsidiary where SG DevCo has engaged SG Echo to manufacture modular units for its planned real estate development projects, including design, engineering, fabrication, delivery, and installation of the modular systems; expected initial value of the MPA to be in excess of $140 million in net revenue over a multi-year period Received new contract from a government contractor to refurbish 19 container modules to be used by a major U.S. government agency that the Company originally built Entered into a non-binding Letter of Intent (LOI) to design, build, and operate an 800-unit supportive housing community for veterans, first responders, and others who are disabled from their service and interested in manufacturing work, as well as their families Entered into a design-build contract with Hostel Cubed, to produce their first modular camping cube for the California Coast, the "Coastal Camping Cube" Received a purchase order to provide additional modular units to an existing infrastructure solutions customer Selected by the Tunnel to Towers Foundation to construct a traveling modular home, the Comfort Home Show model, designed to showcase the foundation's Homeless Veteran Program "In 2023, Safe & Green Holdings experienced a robust increase in revenue from construction services, achieving a significant 30% increase compared to 2022," commented Paul Galvin, Chairperson and Chief Executive Officer of Safe and Green Holdings.

03-May-2024 3:12 PM

Shares of nanocap Safe & Green Holdings skyrocket in ‘insane' move

Safe & Green Holdings Corp. shares skyrocketed 86.7% Friday, a day after the design- and construction-services company completed its reverse stock split.

02-May-2024 8:30 AM

Safe and Green Holdings Announces Collaboration and Sales of Modular Units to Britten Inc.

Units granted AC 462 designation by the International Code Council, certifying them as safe and efficient building materials Units granted AC 462 designation by the International Code Council, certifying them as safe and efficient building materials

30-Apr-2024 10:15 AM

Correction: Safe & Green Holdings Corp Announces Reverse Split of the Company's Common Stock

Miami FL, April 30, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, today announced a planned reverse stock split of its shares of common stock at a ratio of 1-for-20. The reverse stock split will take effect as of 12:01 a.m. ET, on Thursday, May 2, 2024, and shares of Safe and Green Holdings will trade on a post-split basis on Nasdaq under the existing trading symbol, “SGBX,” at the market open on May 2, 2024.

30-Apr-2024 9:28 AM

Safe & Green Holdings Corp Announces Reverse Split of the Company's Common Stock

Miami FL, April 30, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, today announced a planned reverse stock split of its shares of common stock at a ratio of 1-for-20. The reverse stock split will take effect as of 12:01 a.m. ET, on Thursday, May 2, 2024, and shares of Safe and Green Holdings will trade on a post-split basis on Nasdaq under the existing trading symbol, “SGBX,” at the market open on May 2, 2024.

25-Apr-2024 9:00 AM

Safe & Green Holdings Announces it Has Entered Into an Agreement to Produce Four Modular Electrical Distribution Centers as Part of a Multi-Unit Order for a Client Serving the Big Box Retailer Market

Miami, FL, April 25, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, announced today that Safe and Green Holdings has entered into an agreement to manufacture four container based electrical distribution centers as part of a multi-unit order for a client serving the big box retailer market.

24-Apr-2024 8:30 AM

Safe & Green Holdings Corp. Announces Receipt of Nasdaq Notification

Miami, FL, April 24, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX)( Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, today announced that the Company received a letter from the Nasdaq Listing Qualifications (the “Letter”), indicating that since the Company has not yet filed its Form 10-K for the year ended December 31, 2023, the Company is not in compliance with the continued listing requirement set forth in Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file periodic financial reports with the Securities and Exchange Commission. Under the Letter, the Company now has 60 calendar days to submit a plan to regain compliance and if the plan is accepted, the Company can be granted an exception of up to 180 days from the Filing's due date, or until October 14, 2024, to regain compliance. The Company plans to file its Form 10-K imminently.