Top-Rated Dividend StocksTop-Rated DividendNASDAQ:EGLE Eagle Bulk Shipping (EGLE) Stock Forecast, Price & News $42.06 +0.12 (+0.29%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$41.80▼$42.4450-Day Range$39.29▼$46.3352-Week Range$39.15▼$67.09Volume109,670 shsAverage Volume259,350 shsMarket Capitalization$418.08 millionP/E Ratio5.45Dividend Yield5.52%Price Target$65.40 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Eagle Bulk Shipping MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside55.5% Upside$65.40 Price TargetShort InterestN/ADividend StrengthStrongBased on Four FactorsSustainability-6.56Upright™ Environmental ScoreNews Sentiment0.84Based on 2 Articles This WeekInsider TradingAcquiring Shares$64,786 Bought Last QuarterProj. Earnings Growth289.38%From $1.13 to $4.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.15 out of 5 starsTransportation Sector7th out of 116 stocksDeep Sea Foreign Transportation Of Freight Industry4th out of 29 stocks 3.5 Analyst's Opinion Consensus RatingEagle Bulk Shipping has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $65.40, Eagle Bulk Shipping has a forecasted upside of 55.5% from its current price of $42.06.Amount of Analyst CoverageEagle Bulk Shipping has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for EGLE. Previous Next 3.3 Dividend Strength Dividend LeadershipEagle Bulk Shipping is a leading dividend payer. It pays a dividend yield of 5.51%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEagle Bulk Shipping does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Eagle Bulk Shipping is 30.05%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Eagle Bulk Shipping will have a dividend payout ratio of 52.73% next year. This indicates that Eagle Bulk Shipping will be able to sustain or increase its dividend. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEagle Bulk Shipping has received a -22.43% net impact score from Upright. The largest negative impact of Eagle Bulk Shipping in category "GHG emissions" is driven by its "Heavy fuel oil ship freight transport services" product. See details.Environmental SustainabilityThe Environmental Impact score for Eagle Bulk Shipping is -6.56. Previous Next 2.1 News and Social Media Coverage News SentimentEagle Bulk Shipping has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Eagle Bulk Shipping this week, compared to 3 articles on an average week.Search InterestOnly 7 people have searched for EGLE on MarketBeat in the last 30 days. This is a decrease of -61% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Eagle Bulk Shipping to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Eagle Bulk Shipping insiders have bought more of their company's stock than they have sold. Specifically, they have bought $64,786.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.90% of the stock of Eagle Bulk Shipping is held by insiders.Percentage Held by Institutions89.69% of the stock of Eagle Bulk Shipping is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Eagle Bulk Shipping are expected to grow by 289.38% in the coming year, from $1.13 to $4.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eagle Bulk Shipping is 5.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.63.Price to Earnings Ratio vs. SectorThe P/E ratio of Eagle Bulk Shipping is 5.45, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 11.76.Price to Book Value per Share RatioEagle Bulk Shipping has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Eagle Bulk Shipping (NASDAQ:EGLE) StockEagle Bulk Shipping Inc. engages in the ocean transportation of dry bulk cargoes worldwide. The company owns, charters, and operates dry bulk vessels that transport a range of bulk cargoes, including iron ore, coal, grains, fertilizers, steel products, petcoke, cement, and forest products. It serves miners, producers, traders, and end users. As of December 31, 2022, the company owned and operated a fleet of 53 vessels. Eagle Bulk Shipping Inc. was incorporated in 2005 and is headquartered in Stamford, Connecticut.Read More EGLE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EGLE Stock News HeadlinesSeptember 28, 2023 | finance.yahoo.comEagle Bulk Shipping Inc. to Issue Third Quarter 2023 Results and Hold Investor Conference CallAugust 24, 2023 | finance.yahoo.comHow much money do shipping CEOs make? Here’s their 2022 pay infoSeptember 29, 2023 | Stansberry Research (Ad)The gold catalyst we've waited forBecause even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.August 10, 2023 | finance.yahoo.comDanaos Corporation (NYSE:DAC) Q2 2023 Earnings Call TranscriptAugust 7, 2023 | finance.yahoo.comContainer shipping’s Danaos buys into dry bulk amid rate slumpAugust 7, 2023 | seekingalpha.comEagle Bulk: Cheap Bulker With Decent DividendAugust 4, 2023 | finance.yahoo.comQ2 2023 Eagle Bulk Shipping Inc Earnings CallAugust 4, 2023 | seekingalpha.comEagle Bulk Shipping Inc. 2023 Q2 - Results - Earnings Call PresentationSeptember 29, 2023 | Stansberry Research (Ad)The gold catalyst we've waited forBecause even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.August 3, 2023 | finance.yahoo.comEagle Bulk Shipping Inc. Reports Results for the Second Quarter of 2023July 21, 2023 | msn.comBTIG Maintains Eagle Bulk Shipping (EGLE) Buy RecommendationJuly 21, 2023 | markets.businessinsider.comWhat 6 Analyst Ratings Have To Say About Eagle Bulk ShippingJuly 19, 2023 | msn.comStifel Maintains Eagle Bulk Shipping (EGLE) Buy RecommendationJuly 19, 2023 | markets.businessinsider.comStifel Maintains Buy Rating for Eagle Bulk Shipping: Here's What You Need To KnowJuly 6, 2023 | seekingalpha.comCastor Maritime Joins Danaos Corporation In Hunt For Eagle Bulk ShippingJuly 5, 2023 | finance.yahoo.com10 Best Marine Shipping Stocks to Buy NowJune 30, 2023 | finance.yahoo.comEagle Bulk Shipping Inc. to Issue Second Quarter 2023 Results and Hold Investor Conference CallJune 26, 2023 | benzinga.comDanaos Corporation Delivers Letter to Eagle Bulk Shipping Board of DirectorsJune 25, 2023 | seekingalpha.comEagle Bulk Shipping: A Bargain Trading Well Below Net Asset ValueJune 25, 2023 | nasdaq.comEagle Bulk Shipping Launches Defensive Play Against DanaosJune 23, 2023 | benzinga.comMassive Insider Trade At Eagle Bulk ShippingJune 23, 2023 | seekingalpha.comEagle Bulk Shipping Stock: Downgrading On Expensive Oaktree Stake BuybackJune 22, 2023 | finance.yahoo.comEagle Bulk Shipping Inc. Purchases Oaktree Capital Stake in CompanyJune 19, 2023 | finance.yahoo.comPangaea Logistics (PANL) Moves 7.0% Higher: Will This Strength Last?June 18, 2023 | finance.yahoo.comWe Like These Underlying Return On Capital Trends At Eagle Bulk Shipping (NYSE:EGLE)June 18, 2023 | seekingalpha.comEagle Bulk Shipping: Danaos Corporation Reveals 9.99% Stake - BuyJune 7, 2023 | msn.comJefferies Maintains Eagle Bulk Shipping (EGLE) Prior RecommendationSee More Headlines Receive EGLE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Eagle Bulk Shipping and its competitors with MarketBeat's FREE daily newsletter. Email Address EGLE Company Calendar Last Earnings8/03/2023Ex-Dividend for 8/24 Dividend8/15/2023Dividend Payable8/24/2023Today9/29/2023Next Earnings (Confirmed)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNASDAQ:EGLE CUSIPN/A CIK1322439 Webwww.eagleships.com Phone(203) 276-8100Fax203-276-8199Employees1,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$65.40 High Stock Price Forecast$84.00 Low Stock Price Forecast$52.00 Forecasted Upside/Downside+56.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$7.72 Trailing P/E Ratio5.43 Forward P/E Ratio37.11 P/E GrowthN/ANet Income$248.01 million Net Margins22.40% Pretax Margin22.40% Return on Equity17.05% Return on Assets10.66% Debt Debt-to-Equity Ratio0.75 Current Ratio1.66 Quick Ratio1.47 Sales & Book Value Annual Sales$719.85 million Price / Sales0.58 Cash Flow$25.41 per share Price / Cash Flow1.65 Book Value$59.88 per share Price / Book0.70Miscellaneous Outstanding Shares9,940,000Free Float9,750,000Market Cap$416.78 million OptionableOptionable Beta1.33 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Gary S. Vogel (Age 57)CEO & Director Comp: $1.92MMr. Frank C. De Costanzo (Age 60)Special Advisor Comp: $767.56kMr. Constantine Tsoutsoplides (Age 46)CFO & Sec. Mr. Michael J. MitchellGen. CounselMr. Bo Westergaard (Age 55)Chief Commercial Officer Jonathan DowsettDirector of Fleet PerformanceMore ExecutivesKey CompetitorsEnetiNYSE:NETIDiana ShippingNYSE:DSXSafe BulkersNYSE:SBSEACOR MarineNYSE:SMHIOverseas Shipholding GroupNYSE:OSGView All CompetitorsInsiders & InstitutionsVirginia Retirement Systems ET ALBought 5,400 shares on 8/22/2023Ownership: 0.054%Nuveen Asset Management LLCSold 10,170 shares on 8/16/2023Ownership: 0.385%Vestcor IncSold 573 shares on 8/15/2023Ownership: 0.282%Wells Fargo & Company MNBought 4,664 shares on 8/15/2023Ownership: 0.239%Royal Bank of CanadaSold 10,527 shares on 8/15/2023Ownership: 0.091%View All Insider TransactionsView All Institutional Transactions EGLE Stock - Frequently Asked Questions Should I buy or sell Eagle Bulk Shipping stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eagle Bulk Shipping in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EGLE shares. View EGLE analyst ratings or view top-rated stocks. What is Eagle Bulk Shipping's stock price forecast for 2023? 4 brokerages have issued 12-month target prices for Eagle Bulk Shipping's shares. Their EGLE share price forecasts range from $52.00 to $84.00. On average, they predict the company's share price to reach $65.40 in the next year. This suggests a possible upside of 56.0% from the stock's current price. View analysts price targets for EGLE or view top-rated stocks among Wall Street analysts. How have EGLE shares performed in 2023? Eagle Bulk Shipping's stock was trading at $49.94 at the beginning of the year. Since then, EGLE shares have decreased by 16.0% and is now trading at $41.93. View the best growth stocks for 2023 here. When is Eagle Bulk Shipping's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our EGLE earnings forecast. How can I listen to Eagle Bulk Shipping's earnings call? Eagle Bulk Shipping will be holding an earnings conference call on Friday, November 3rd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Eagle Bulk Shipping's earnings last quarter? Eagle Bulk Shipping Inc. (NASDAQ:EGLE) posted its quarterly earnings results on Thursday, August, 3rd. The shipping company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.69. The shipping company earned $75.94 million during the quarter, compared to analyst estimates of $72.76 million. Eagle Bulk Shipping had a net margin of 22.40% and a trailing twelve-month return on equity of 17.05%. How often does Eagle Bulk Shipping pay dividends? What is the dividend yield for Eagle Bulk Shipping? Eagle Bulk Shipping declared a quarterly dividend on Thursday, August 3rd. Shareholders of record on Wednesday, August 16th will be paid a dividend of $0.58 per share on Thursday, August 24th. This represents a $2.32 annualized dividend and a dividend yield of 5.53%. The ex-dividend date of this dividend is Tuesday, August 15th. This is an increase from the stock's previous quarterly dividend of $0.10. Read our dividend analysis for EGLE. What ETFs hold Eagle Bulk Shipping's stock? ETFs with the largest weight of Eagle Bulk Shipping (NASDAQ:EGLE) stock in their portfolio include SPDR S&P Transportation ETF (XTN), Ballast Small/Mid Cap ETF (MGMT), SonicShares Global Shipping ETF (BOAT), Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR). Is Eagle Bulk Shipping a good dividend stock? Eagle Bulk Shipping (NASDAQ:EGLE) pays an annual dividend of $2.32 per share and currently has a dividend yield of 5.51%. EGLE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 30.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EGLE will have a dividend payout ratio of 52.73% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for EGLE. When did Eagle Bulk Shipping's stock split? Shares of Eagle Bulk Shipping reverse split on the morning of Tuesday, September 15th 2020. The 1-7 reverse split was announced on Monday, September 14th 2020. The number of shares owned by shareholders was adjusted after the market closes on Monday, September 14th 2020. An investor that had 100 shares of stock prior to the reverse split would have 14 shares after the split. What is Gary Vogel's approval rating as Eagle Bulk Shipping's CEO? 1 employees have rated Eagle Bulk Shipping Chief Executive Officer Gary Vogel on Glassdoor.com. Gary Vogel has an approval rating of 100% among the company's employees. This puts Gary Vogel in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 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 Pacific Basin Shipping (PCFBY), Chesapeake Energy (CHKAQ), Matinas BioPharma (MTNB), DHT (DHT), General Electric (GE), ADMA Biologics (ADMA), Advanced Micro Devices (AMD), Miragen Therapeutics (MGEN), Bank of America (BAC) and EnLink Midstream (ENLC). What is Eagle Bulk Shipping's stock symbol? Eagle Bulk Shipping trades on the NASDAQ under the ticker symbol "EGLE." How do I buy shares of Eagle Bulk Shipping? Shares of EGLE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Eagle Bulk Shipping's stock price today? One share of EGLE stock can currently be purchased for approximately $41.93. How much money does Eagle Bulk Shipping make? Eagle Bulk Shipping (NASDAQ:EGLE) has a market capitalization of $416.78 million and generates $719.85 million in revenue each year. The shipping company earns $248.01 million in net income (profit) each year or $7.72 on an earnings per share basis. How many employees does Eagle Bulk Shipping have? The company employs 1,000 workers across the globe. How can I contact Eagle Bulk Shipping? Eagle Bulk Shipping's mailing address is 300 First Stamford Place 5th Floor, Stamford CT, 06902. The official website for the company is www.eagleships.com. The shipping company can be reached via phone at (203) 276-8100, via email at investor@eagleships.com, or via fax at 203-276-8199. This page (NASDAQ:EGLE) was last updated on 9/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Eagle Bulk Shipping Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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