About Baltic Trading Ltd (NASDAQ:BALT)
Baltic Trading Limited is a shipping business focused on the drybulk industry spot market. The Company's fleet consists of four Capesize vessels, two Ultramax vessels, four Supramax vessels and five Handysize vessels with an aggregate carrying capacity of approximately 1,221,000 deadweight tons. Its fleet contains six groups of sister ships, which are vessels of virtually identical sizes and specifications. It operates a fleet of drybulk ships that transport iron ore, coal, grain, steel products and other drybulk cargoes along shipping routes around the world. It operates its vessels on spot market-related time charters, short-term time charters or in vessel pools trading in the spot market. Genco Shipping & Trading Limited (Genco) serves as the Company's manager. Genco provides it with commercial and strategic management of its fleet.
Industry, Sector and Symbol:
- Sector: Industrials
- Industry: Deep Sea Freight
- Sub-Industry: N/A
- Symbol: NASDAQ:BALT
- CUSIP: N/A
- Web: N/A
- 50 Day Moving Avg: $1.54
- 200 Day Moving Avg: $1.60
- 52 Week Range: $1.21 - $6.09
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -3.06
- P/E Growth: 0.00
- Net Margins: -613.08%
- Return on Equity: -49.39%
- Return on Assets: -30.66%
- Average Volume: 441,157 shs.
Frequently Asked Questions for Baltic Trading Ltd (NASDAQ:BALT)
What is Baltic Trading Ltd's stock symbol?
Baltic Trading Ltd trades on the NASDAQ under the ticker symbol "BALT."
How were Baltic Trading Ltd's earnings last quarter?
Baltic Trading Ltd (NASDAQ:BALT) released its quarterly earnings data on Monday, March, 2nd. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.08) by $0.02. The company had revenue of $11.70 million for the quarter, compared to the consensus estimate of $13.87 million. Baltic Trading Ltd had a negative net margin of 613.08% and a negative return on equity of 49.39%. The firm's revenue for the quarter was down 19.3% on a year-over-year basis. During the same period last year, the company earned $0.01 EPS. View Baltic Trading Ltd's Earnings History.
Who are some of Baltic Trading Ltd's key competitors?
Some companies that are related to Baltic Trading Ltd include Golden Ocean Group Limited (GOGL), Seaspan Corporation (SSW), Star Bulk Carriers Corp. (SBLK), Costamare (CMRE), Scorpio Bulkers (SALT), Capital Product Partners L.P. (CPLP), Diana Shipping inc. (DSX), Tsakos Energy Navigation Ltd (TNP), Safe Bulkers (SB), Navios Maritime Partners LP (NMM), Ardmore Shipping Corporation (ASC), DryShips (DRYS), Danaos Corporation (DAC), StealthGas (GASS), Hornbeck Offshore Services (HOS), Global Ship Lease (GSL), Pyxis Tankers (PXS) and Euroseas (ESEA).
How do I buy Baltic Trading Ltd stock?
Shares of Baltic Trading Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Baltic Trading Ltd's stock price today?
MarketBeat Community Rating for Baltic Trading Ltd (NASDAQ BALT)MarketBeat's community ratings are surveys of what our community members think about Baltic Trading Ltd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Baltic Trading Ltd stock can currently be purchased for approximately $1.50.
Consensus Ratings for Baltic Trading Ltd (NASDAQ:BALT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|Consensus Price Target History for Baltic Trading Ltd (NASDAQ:BALT)
Analysts' Ratings History for Baltic Trading Ltd (NASDAQ:BALT)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Baltic Trading Ltd (NASDAQ:BALT)Earnings History by Quarter for Baltic Trading Ltd (NASDAQ BALT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/2/2015||Q4||($0.08)||($0.10)||$13.87 million||$11.70 million||View||Listen|
|11/5/2014||Q314||($0.09)||($0.10)||$13.76 million||$10.10 million||View||Listen|
|7/30/2014||Q214||($0.09)||($0.10)||$6.40 million||$10.70 million||View||Listen|
|5/7/2014||Q114||($0.02)||($0.06)||$6.00 million||$13.10 million||View||Listen|
|2/26/2014||Q413||($0.01)||$0.01||$7.10 million||$14.50 million||View||Listen|
|7/31/2013||Q2 2013||($0.20)||($0.19)||$6.12 million||$6.38 million||View||Listen|
|5/1/2013||Q1 2013||($0.16)||($0.23)||$5.00 million||$6.00 million||View||Listen|
|2/20/2013||Q4 2012||($0.17)||($0.19)||$13.14 million||$7.10 million||View||Listen|
|10/31/2012||Q312||($0.16)||($0.22)||$10.90 million||$6.29 million||View||N/A|
Earnings Estimates for Baltic Trading Ltd (NASDAQ:BALT)
Current Year EPS Consensus Estimate: $-0.58 EPS
Next Year EPS Consensus Estimate: $-0.49 EPS
Dividend History by Quarter for Baltic Trading Ltd (NASDAQ BALT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Baltic Trading Ltd (NASDAQ:BALT)Insider Trades by Quarter for Baltic Trading Ltd (NASDAQ:BALT)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|4/13/2015||Apollo Management Holdings Gp,||Major Shareholder||Sell||879,561||$1.42||$1,248,976.62|| |
|4/9/2015||Apollo Management Holdings Gp,||Major Shareholder||Sell||1,019,624||$1.44||$1,468,258.56|| |
|1/20/2015||Apollo Management Holdings Gp,||Major Shareholder||Buy||376,234||$1.79||$673,458.86|| |
|11/17/2014||John C Wobensmith||CFO||Sell||64,000||$3.34||$213,760.00|| |
|11/15/2013||Harry Perrin||Director||Buy||15,000||$4.97||$74,550.00|| |
Headline Trends for Baltic Trading Ltd (NASDAQ:BALT)
Latest Headlines for Baltic Trading Ltd (NASDAQ:BALT)
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Baltic Trading Ltd (BALT) Chart for Sunday, October, 22, 2017