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: N/A
- Industry: N/A
- 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
- 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) posted its earnings results on Monday, March, 2nd. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by $0.02. The business earned $11.70 million during the quarter, compared to the consensus estimate of $13.87 million. Baltic Trading Ltd's revenue was down 19.3% compared to the same quarter last year. During the same quarter in the previous year, the business 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 Orange Belgium (MBSRF), Abengoa SA (ABGB), Apple (AAPL), Alphabet (GOOGL), Alphabet (GOOG), Microsoft (MSFT), Amazon.com (AMZN), Facebook (FB), Premier Foods Spon (PRRFY), Berkshire Hathaway (BRK-A), Nestle SA (NSRGY), Roche Holding (RHHBY), RDS-A (RDS-A), Comcast (CMCSA), Intel (INTC), Cisco Systems (CSCO), LVMH Moet Hennessy Louis Vuitton SE (LVMUY) and Inditex (IDEXY).
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.
How much does a share of Baltic Trading Ltd stock cost?
One share of Baltic Trading Ltd stock can currently be purchased for approximately $1.50.
Consensus Ratings for Baltic Trading Ltd (NASDAQ:BALT) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
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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)
Baltic Trading Ltd (BALT) Chart for Saturday, May, 27, 2017