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DOW   32,717.60
QQQ   312.72
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DOW   32,717.60
QQQ   312.72
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Eagle Bulk Shipping - EGLE Stock Forecast, Price & News

$45.93
+0.67 (+1.48%)
(As of 03/29/2023 12:00 AM ET)
Add
Compare
Today's Range
$45.27
$46.09
50-Day Range
$45.11
$65.82
52-Week Range
$40.13
$78.75
Volume
270,473 shs
Average Volume
317,604 shs
Market Capitalization
$629.70 million
P/E Ratio
3.00
Dividend Yield
5.23%
Price Target
$74.71

Eagle Bulk Shipping MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
62.7% Upside
$74.71 Price Target
Short Interest
Healthy
10.36% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-6.61
Upright™ Environmental Score
News Sentiment
0.74mentions of Eagle Bulk Shipping in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$80,359 Bought Last Quarter
Proj. Earnings Growth
29.57%
From $5.75 to $7.45 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.22 out of 5 stars

Transportation Sector

4th out of 123 stocks

Deep Sea Foreign Transportation Of Freight Industry

2nd out of 29 stocks


EGLE stock logo

About Eagle Bulk Shipping (NASDAQ:EGLE) Stock

Eagle Bulk Shipping, Inc. is a holding company, which engages in the ocean transportation of dry bulk cargoes through the ownership, charter, and operation of dry bulk vessels. The company was founded by Sophocles N. Zoullas on March 23, 2005 and is headquartered in Stamford, CT.

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EGLE Stock News Headlines

3 Small-Cap Stocks That Offer Big Dividends
Dividend stocks are a solid choice in bear markets. Here are three small-cap stocks that offer attractive dividend yields above the industry average
3 Small-Cap Stocks That Offer Big Dividends (EGLE)
Dividend stocks are a solid choice in bear markets. Here are three small-cap stocks that offer attractive dividend yields above the industry average
JP Morgan analyst: Oil to hit $380 per barrel
JP Morgan analysts have pegged the future price of oil at $380 per barrel. That would send oil companies skyrocketing. But there is one investment set to outperform all the rest.
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
Q4 2022 Eagle Bulk Shipping Inc Earnings Call
Why Eagle Bulk Shipping Stock Is Sinking Today
See More Headlines
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EGLE Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 3/23 Dividend
3/14/2023
Dividend Payable
3/23/2023
Today
3/29/2023
Next Earnings (Estimated)
5/04/2023
Fiscal Year End
12/31/2023

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 Forecast
$74.71
High Stock Price Forecast
$90.00
Low Stock Price Forecast
$60.00
Forecasted Upside/Downside
+62.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$248.01 million
Pretax Margin
34.45%

Debt

Sales & Book Value

Annual Sales
$719.85 million
Cash Flow
$24.69 per share
Book Value
$59.88 per share

Miscellaneous

Free Float
13,407,000
Market Cap
$629.70 million
Optionable
Optionable
Beta
1.33

Key Executives

  • Gary Scott Vogel
    Chief Executive Officer & Director
  • John Nichols
    Director-Operations
  • Frank C. de Costanzo
    Chief Financial Officer & Secretary
  • Claus Usen Jensen
    Director-Technical Management
  • Costa Tsoutsoplides
    Chief Strategy Officer













EGLE Stock - Frequently Asked Questions

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

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Eagle Bulk Shipping in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research 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?

7 analysts have issued 1 year target prices for Eagle Bulk Shipping's stock. Their EGLE share price forecasts range from $60.00 to $90.00. On average, they expect the company's share price to reach $74.71 in the next twelve months. This suggests a possible upside of 62.7% 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 on January 1st, 2023. Since then, EGLE stock has decreased by 8.0% and is now trading at $45.93.
View the best growth stocks for 2023 here
.

Are investors shorting Eagle Bulk Shipping?

Eagle Bulk Shipping saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 1,420,000 shares, a decrease of 6.6% from the February 28th total of 1,520,000 shares. Based on an average daily trading volume, of 301,000 shares, the short-interest ratio is presently 4.7 days.
View Eagle Bulk Shipping's Short Interest
.

When is Eagle Bulk Shipping's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
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 Thursday, November, 4th. The shipping company reported $4.52 EPS for the quarter, beating analysts' consensus estimates of $4.31 by $0.21. The shipping company had revenue of $153.12 million for the quarter, compared to analysts' expectations of $137.85 million. Eagle Bulk Shipping had a net margin of 34.45% and a trailing twelve-month return on equity of 33.10%. During the same quarter in the prior year, the company posted ($1.09) earnings per share.

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 Monday, March 6th. Stockholders of record on Wednesday, March 15th will be paid a dividend of $0.60 per share on Thursday, March 23rd. This represents a $2.40 annualized dividend and a yield of 5.23%. The ex-dividend date is Tuesday, March 14th.
Read our dividend analysis for EGLE
.

Is Eagle Bulk Shipping a good dividend stock?

Eagle Bulk Shipping (NASDAQ:EGLE) pays an annual dividend of $2.40 per share and currently has a dividend yield of 5.04%. EGLE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 15.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EGLE will have a dividend payout ratio of 32.21% 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?

Eagle Bulk Shipping shares reverse split on 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 closing bell 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."

Who are Eagle Bulk Shipping's major shareholders?

Eagle Bulk Shipping's stock is owned by a variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (5.52%), Marshall Wace LLP (2.49%), Renaissance Technologies LLC (2.11%), Gratus Capital LLC (1.73%), Geode Capital Management LLC (1.65%) and American Century Companies Inc. (1.00%). Insiders that own company stock include 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 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 $45.93.

How much money does Eagle Bulk Shipping make?

Eagle Bulk Shipping (NASDAQ:EGLE) has a market capitalization of $629.70 million and generates $719.85 million in revenue each year. The shipping company earns $248.01 million in net income (profit) each year or $15.31 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 3/30/2023 by MarketBeat.com Staff