NASDAQ:EGLE - Eagle Bulk Shipping Stock Price, News, & Analysis

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$5.38 +0.16 (+3.07 %)
(As of 04/23/2019 04:00 PM ET)
Previous Close$5.22
Today's Range$5.19 - $5.38
52-Week Range$3.85 - $6.14
Volume291,105 shs
Average Volume333,913 shs
Market Capitalization$392.94 million
P/E Ratio29.89
Dividend YieldN/A
Beta1.14
Eagle Bulk Shipping, Inc. is a holding company, which engages in the ocean transportation of a broad range of dry bulk cargoes worldwide through the ownership, charter, and operation of dry bulk vessels. It operates Supramax and Handymax vessels that transport minor and major bulk cargoes, including iron ore, coal, grain, cement, and fertilizer. The company was founded by Sophocles N. Zoullas on March 23, 2005 and is headquartered in Stamford, CT.

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Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:EGLE
CUSIPN/A
Phone203-276-8100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$310.09 million
Cash Flow$0.7431 per share
Book Value$6.57 per share

Profitability

Net Income$12.57 million

Miscellaneous

EmployeesN/A
Market Cap$392.94 million
Next Earnings Date5/7/2019 (Confirmed)
OptionableOptionable

Eagle Bulk Shipping (NASDAQ:EGLE) Frequently Asked Questions

What is Eagle Bulk Shipping's stock symbol?

Eagle Bulk Shipping trades on the NASDAQ under the ticker symbol "EGLE."

How were Eagle Bulk Shipping's earnings last quarter?

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) issued its earnings results on Tuesday, March, 5th. The shipping company reported $0.09 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.08 by $0.01. The shipping company earned $61.97 million during the quarter, compared to analysts' expectations of $61.14 million. Eagle Bulk Shipping had a return on equity of 2.67% and a net margin of 4.06%. View Eagle Bulk Shipping's Earnings History.

When is Eagle Bulk Shipping's next earnings date?

Eagle Bulk Shipping is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Eagle Bulk Shipping.

What price target have analysts set for EGLE?

6 brokerages have issued 12 month price targets for Eagle Bulk Shipping's shares. Their predictions range from $5.00 to $8.50. On average, they anticipate Eagle Bulk Shipping's stock price to reach $6.88 in the next year. This suggests a possible upside of 27.9% from the stock's current price. View Analyst Price Targets for Eagle Bulk Shipping.

What is the consensus analysts' recommendation for Eagle Bulk Shipping?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eagle Bulk Shipping in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Eagle Bulk Shipping.

What are Wall Street analysts saying about Eagle Bulk Shipping stock?

Here are some recent quotes from research analysts about Eagle Bulk Shipping stock:
  • 1. Maxim Group analysts commented, "Eagle Bulk (EGLE) announced a continuation of its fleet renewal program, selling two vintage Supramax vessels and purchasing a modern Ultramax vessel to bring pro forma fleet to 46 vessels." (1/23/2019)
  • 2. According to Zacks Investment Research, "Eagle Bulk Shipping is the largest U.S. based owner of Handymax dry bulk vessels. Handymax dry bulk vessels range in size from 35,000 to 60,000 deadweight tons, or dwt, and transport a broad range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes. " (1/17/2019)

Has Eagle Bulk Shipping been receiving favorable news coverage?

Media coverage about EGLE stock has trended positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Eagle Bulk Shipping earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news stories about the shipping company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days.

Who are some of Eagle Bulk Shipping's key competitors?

What other stocks do shareholders of Eagle Bulk Shipping own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Eagle Bulk Shipping investors own include PAC BASIN SHIPP/ADR (PCFBY), General Electric (GE), DryShips (DRYS), Advanced Micro Devices (AMD), Microbot Medical (MBOT), Intel (INTC), Star Bulk Carriers (SBLK), Gevo (GEVO), Bank of America (BAC) and Chesapeake Energy (CHK).

Who are Eagle Bulk Shipping's key executives?

Eagle Bulk Shipping's management team includes the folowing people:
  • Gary Scott Vogel, Chief Executive Officer & Director
  • Frank C. de Costanzo, Chief Financial Officer & Secretary
  • Archibald Morgan, Vice President & Head-Technical Management
  • Costa Tsoutsoplides, Director-Strategy & Business Development
  • Michael J. Mitchell, General Counsel

How do I buy shares of Eagle Bulk Shipping?

Shares of EGLE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Eagle Bulk Shipping's stock price today?

One share of EGLE stock can currently be purchased for approximately $5.38.

How big of a company is Eagle Bulk Shipping?

Eagle Bulk Shipping has a market capitalization of $392.94 million and generates $310.09 million in revenue each year. The shipping company earns $12.57 million in net income (profit) each year or $0.18 on an earnings per share basis.

What is Eagle Bulk Shipping's official website?

The official website for Eagle Bulk Shipping is http://www.eagleships.com.

How can I contact Eagle Bulk Shipping?

Eagle Bulk Shipping's mailing address is 300 First Stamford Place 5th Floor, Stamford CT, 06902. The shipping company can be reached via phone at 203-276-8100 or via email at [email protected]


MarketBeat Community Rating for Eagle Bulk Shipping (NASDAQ EGLE)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  221 (Vote Outperform)
Underperform Votes:  273 (Vote Underperform)
Total Votes:  494
MarketBeat's community ratings are surveys of what our community members think about Eagle Bulk Shipping and other stocks. Vote "Outperform" if you believe EGLE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EGLE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/23/2019 by MarketBeat.com Staff

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