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Critical asset just had biggest fall on record (Ad)
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Critical asset just had biggest fall on record (Ad)
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S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
NASDAQ:EGLE

Eagle Bulk Shipping (EGLE) Stock Price, News & Analysis

$62.98
+1.71 (+2.79%)
(As of 03/1/2024 ET)
Today's Range
$61.59
$63.26
50-Day Range
$53.32
$62.97
52-Week Range
$39.15
$66.33
Volume
228,659 shs
Average Volume
134,302 shs
Market Capitalization
$625.39 million
P/E Ratio
41.16
Dividend Yield
0.64%
Price Target
$54.87

Eagle Bulk Shipping MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
12.9% Downside
$54.87 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-6.26
Upright™ Environmental Score
News Sentiment
0.87mentions of Eagle Bulk Shipping in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
216.15%
From $1.61 to $5.09 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.09 out of 5 stars

Transportation Sector

70th out of 111 stocks

Deep Sea Foreign Transportation Of Freight Industry

15th out of 27 stocks


EGLE stock logo

About Eagle Bulk Shipping Stock (NASDAQ:EGLE)

Eagle 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.

EGLE Stock Price History

EGLE Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Eagle Bulk Shipping Inc.
Eagle Bulk Shipping Insider Ups Holding By 41% During Year
Eagle Bulk Shipping Inc
See More Headlines
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Company Calendar

Last Earnings
3/01/2024
Today
3/03/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Current Symbol
NASDAQ:EGLE
Employees
1,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$54.87
High Stock Price Target
$63.00
Low Stock Price Target
$52.00
Potential Upside/Downside
-12.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$248.01 million
Pretax Margin
8.93%

Debt

Sales & Book Value

Annual Sales
$719.85 million
Cash Flow
$26.24 per share
Book Value
$59.88 per share

Miscellaneous

Free Float
9,743,000
Market Cap
$625.39 million
Optionable
Optionable
Beta
1.49

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

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EGLE Stock Analysis - Frequently Asked Questions

Should I buy or sell Eagle Bulk Shipping stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eagle Bulk Shipping in the last year. There are currently 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EGLE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EGLE, but not buy additional shares or sell existing shares.
View EGLE analyst ratings
or view top-rated stocks.

What is Eagle Bulk Shipping's stock price target for 2024?

6 Wall Street analysts have issued twelve-month price targets for Eagle Bulk Shipping's shares. Their EGLE share price targets range from $52.00 to $63.00. On average, they predict the company's stock price to reach $54.87 in the next year. This suggests that the stock has a possible downside of 12.9%.
View analysts price targets for EGLE
or view top-rated stocks among Wall Street analysts.

How have EGLE shares performed in 2024?

Eagle Bulk Shipping's stock was trading at $55.40 at the start of the year. Since then, EGLE shares have increased by 13.7% and is now trading at $62.98.
View the best growth stocks for 2024 here
.

When is Eagle Bulk Shipping's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our EGLE earnings forecast
.

How were Eagle Bulk Shipping's earnings last quarter?

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) announced its quarterly earnings data on Friday, March, 1st. The shipping company reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.38. The shipping company earned $104.59 million during the quarter, compared to the consensus estimate of $76.16 million. Eagle Bulk Shipping had a trailing twelve-month return on equity of 7.49% and a net margin of 8.93%.

How often does Eagle Bulk Shipping pay dividends? What is the dividend yield for Eagle Bulk Shipping?

Eagle Bulk Shipping announced a quarterly dividend on Thursday, November 2nd. Stockholders of record on Tuesday, November 14th will be given a dividend of $0.10 per share on Wednesday, November 22nd. This represents a $0.40 annualized dividend and a dividend yield of 0.64%. The ex-dividend date of this dividend is Monday, November 13th.
Read our dividend analysis for EGLE
.

Is Eagle Bulk Shipping a good dividend stock?

Eagle Bulk Shipping (NASDAQ:EGLE) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.65%. The dividend payout ratio is 16.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EGLE will have a dividend payout ratio of 7.86% 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).

Who are Eagle Bulk Shipping's major shareholders?

Eagle Bulk Shipping's stock is owned by a variety of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.76%), Vanguard Group Inc. (3.80%), Gratus Capital LLC (2.42%), Paradiem LLC (1.55%), Balyasny Asset Management L.P. (1.29%) and Bridgeway Capital Management LLC (1.07%). Insiders that own company stock include Corp Danaos, Costanzo Frank De, Gary Vogel, Goldentree Asset Management Lp, Justin A Knowles, Oaktree Capital Group Holdings and Randee E Day.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:EGLE) was last updated on 3/3/2024 by MarketBeat.com Staff