Eagle Bulk Shipping Inc. is engaged primarily in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes. The Company operates in the Handymax sector of the dry bulk industry, with particular emphasis on the Supramax class of vessels. The Company owns Supramax dry bulk vessel. Supramax dry bulk vessels range in size from 50,000 to 60,000 deadweight tons. These vessels have the cargo loading and unloading flexibility of on-board cranes while offering cargo carrying capacities approaching that of Panamax dry bulk vessels, which range in size from 60,000 to 100,000 deadweight tons and must rely on port facilities to load and offload their cargoes. On July 26, 2011 the Company sold its the Heron, a Supramax class of vessel.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Shipping
- Sub-Industry: N/A
- Symbol: NASDAQ:EGLE
- CUSIP: N/A
- Web: www.eagleships.com
Average Prices:- 50 Day Moving Avg: $4.53
- 200 Day Moving Avg: $4.84
- 52 Week Range: $4.06 - $11.16
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 238.50
- P/E Growth: -0.86
Profitability:- Net Margins: -100.90%
- Return on Equity: -11.66%
- Return on Assets: -7.25%
Debt:- Debt-to-Equity Ratio: 0.61%
- Current Ratio: 5.00%
- Quick Ratio: 4.44%
Misc:- Average Volume: 349,403 shs.
- Beta: 3.53
Frequently Asked Questions for Eagle Bulk Shipping (NASDAQ:EGLE)
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) posted its earnings results on Monday, August, 8th. The company reported ($9.98) EPS for the quarter. The company earned $25.60 million during the quarter, compared to the consensus estimate of $22.70 million. Eagle Bulk Shipping had a negative return on equity of 11.66% and a negative net margin of 100.90%. View Eagle Bulk Shipping's Earnings History.
When will Eagle Bulk Shipping make its next earnings announcement?
Where is Eagle Bulk Shipping's stock going? Where will Eagle Bulk Shipping's stock price be in 2017?
2 analysts have issued 12-month price targets for Eagle Bulk Shipping's stock. Their forecasts range from $5.00 to $7.00. On average, they anticipate Eagle Bulk Shipping's stock price to reach $6.00 in the next year. View Analyst Ratings for Eagle Bulk Shipping.
What are analysts saying about Eagle Bulk Shipping stock?
Here are some recent quotes from research analysts about Eagle Bulk Shipping stock:
- 1. 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. " (9/13/2017)
- 2. Maxim Group analysts commented, "We are raising 2H17 estimates for EGLE based on what we predict could be a stronger rate environment for the handymax segment." (8/30/2017)
Who are some of Eagle Bulk Shipping's key competitors?
Some companies that are related to Eagle Bulk Shipping include American Railcar Industries (ARII), Costamare (CMRE), Martin Midstream Partners L.P. (MMLP), Navigator Holdings (NVGS), Scorpio Bulkers (SALT), Student Transportation (STB), DHT Holdings (DHT), CAI International (CAI), Nordic American Tankers Limited (NAT), International Seaways (INSW), Hennessy Capital Acquisition Corp. II (DSKE), Echo Global Logistics (ECHO), Dynagas LNG Partners LP (DLNG), Covenant Transportation Group (CVTI), Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (GNK), Dorian LPG (LPG), Capital Product Partners L.P. (CPLP) and Fly Leasing Limited (FLY).
Who owns Eagle Bulk Shipping stock?
Eagle Bulk Shipping's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (0.00%), Q Global Advisors LLC (0.00%), Vanguard Group Inc. (0.00%), Raynor Geoffrey (0.00%), State Street Corp (0.00%) and Northern Trust Corp (0.00%). Company insiders that own Eagle Bulk Shipping stock include Goldentree Asset Management Lp and Oaktree Capital Group Holdings. View Institutional Ownership Trends for Eagle Bulk Shipping.
Who sold Eagle Bulk Shipping stock? Who is selling Eagle Bulk Shipping stock?
Who bought Eagle Bulk Shipping stock? Who is buying Eagle Bulk Shipping stock?
Eagle Bulk Shipping's stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., State Street Corp, Northern Trust Corp, TIAA CREF Investment Management LLC, Bank of New York Mellon Corp, Teachers Advisors LLC, Dimensional Fund Advisors LP and California State Teachers Retirement System. Company insiders that have bought Eagle Bulk Shipping stock in the last two years include Goldentree Asset Management Lp and Oaktree Capital Group Holdings. View Insider Buying and Selling for Eagle Bulk Shipping.
How do I buy Eagle Bulk Shipping stock?
Shares of Eagle Bulk Shipping can be purchased through any online brokerage account. Popular online brokerages 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 Eagle Bulk Shipping stock can currently be purchased for approximately $4.77.
MarketBeat Community Rating for Eagle Bulk Shipping (NASDAQ EGLE)MarketBeat's community ratings are surveys of what our community members think about Eagle Bulk Shipping and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Eagle Bulk Shipping (NASDAQ:EGLE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 1 Buy Rating |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $6.00 (25.79% upside) |
Analysts' Ratings History for Eagle Bulk Shipping (NASDAQ:EGLE)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/30/2017 | Maxim Group | Set Price Target | Hold | $5.00 | High |  |
| 3/9/2017 | Seaport Global Securities | Reiterated Rating | Buy | $7.00 | Medium | |
(Data available from 9/19/2015 forward)
Earnings History for Eagle Bulk Shipping (NASDAQ:EGLE)Earnings History by Quarter for Eagle Bulk Shipping (NASDAQ EGLE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/6/2017 | | ($0.09) | | | | | N/A | |
| 5/8/2017 | Q1 2017 | ($0.22) | ($0.17) | $31.30 million | $45.86 million | View | Listen | |
| 11/8/2016 | Q316 | | ($0.52) | $29.10 million | $35.80 million | View | Listen | |
| 8/8/2016 | Q216 | | ($9.98) | $22.70 million | $25.60 million | View | Listen | |
| 11/16/2015 | Q3 | | ($0.54) | $29.80 million | $29.10 million | View | N/A | |
| 8/14/2015 | Q215 | | ($0.73) | | $22.70 million | View | N/A | |
| 8/7/2013 | Q2 2013 | ($1.83) | ($0.18) | $39.98 million | $44.20 million | View | Listen | |
| 5/15/2013 | Q1 2013 | ($2.10) | $0.08 | $38.27 million | $72.22 million | View | Listen | |
| 4/1/2013 | Q4 2012 | ($1.93) | ($1.92) | $42.79 million | $42.80 million | View | Listen | |
| 11/8/2012 | Q312 | ($1.79) | ($1.77) | $41.88 million | $46.90 million | View | N/A | |
| 8/8/2012 | | ($1.40) | ($1.46) | | | View | N/A | |
| 5/9/2012 | | ($0.32) | ($0.28) | | | View | N/A | |
| 11/7/2011 | | ($0.05) | ($0.09) | | | View | N/A | |
| 8/3/2011 | | ($0.03) | ($0.02) | | | View | N/A | |
| 5/9/2011 | | ($0.10) | ($0.09) | | | View | N/A | |
| 3/2/2011 | | $0.03 | $0.05 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Eagle Bulk Shipping (NASDAQ:EGLE)2017 EPS Consensus Estimate: ($0.59)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.17) | ($0.17) | ($0.17) |
| Q2 2017 | 1 | ($0.12) | ($0.12) | ($0.12) |
| Q3 2017 | 1 | ($0.13) | ($0.13) | ($0.13) |
| Q4 2017 | 1 | ($0.17) | ($0.17) | ($0.17) |
(Data provided by Zacks Investment Research)
Dividend History for Eagle Bulk Shipping (NASDAQ:EGLE)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Eagle Bulk Shipping (NASDAQ:EGLE)Insider Ownership Percentage: 0.42%
Institutional Ownership Percentage: 17.75%
Insider Trades by Quarter for Eagle Bulk Shipping (NASDAQ:EGLE)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 1/20/2017 | Oaktree Capital Group Holdings | Major Shareholder | Buy | 7,600,000 | $4.50 | $34,200,000.00 | |
| 8/10/2016 | Goldentree Asset Management Lp | Insider | Buy | 713,910 | $3.00 | $2,141,730.00 | |
| 7/9/2015 | Goldentree Asset Management Lp | Major Shareholder | Buy | 2,140 | $7.48 | $16,007.20 | |
| 4/6/2015 | Goldentree Asset Management Lp | Major Shareholder | Buy | 500,000 | $8.50 | $4,250,000.00 | |
| 4/2/2015 | Steven A Tananbaum | Major Shareholder | Buy | 28,162 | $7.84 | $220,790.08 | |
| 3/20/2015 | Goldentree Asset Management Lp | Major Shareholder | Buy | 250,000 | $9.00 | $2,250,000.00 | |
| 3/17/2015 | Goldentree Asset Management Lp | Major Shareholder | Buy | 110,550 | $9.20 | $1,017,060.00 | |
| 3/6/2015 | Goldentree Asset Management Lp | Major Shareholder | Buy | 35,622 | $9.43 | $335,915.46 | |
| 2/2/2015 | Goldentree Asset Management Lp | Major Shareholder | Buy | 565,000 | $9.66 | $5,457,900.00 | |
| 8/19/2013 | Sophocles Zoullas | CEO | Sell | 127,229 | $3.44 | $437,667.76 | |
(Data available from 1/1/2013 forward)
Headline Trends for Eagle Bulk Shipping (NASDAQ:EGLE)
Latest Headlines for Eagle Bulk Shipping (NASDAQ:EGLE)
| Source: |
|
| Date | Headline |
|---|
 | Zacks Investment Research Downgrades Eagle Bulk Shipping Inc. (EGLE) to Hold
www.americanbankingnews.com - September 13 at 10:26 PM |
 | ETFs with exposure to Eagle Bulk Shipping, Inc. : September 13, 2017
finance.yahoo.com - September 13 at 7:33 PM |
| Eagle Bulk Shipping, Inc. :EGLE-US: Earnings Analysis: Q2, 2017 By the Numbers : September 11, 2017
finance.yahoo.com - September 11 at 6:49 PM |
 | Eagle Bulk Shipping Inc. Successfully Completes Greenship Bulk Fleet Acquisition with Delivery of Ninth Ultramax Vessel - GlobeNewswire (press release)
globenewswire.com - September 6 at 6:03 AM |
| Eagle Bulk Shipping Inc. Successfully Completes Greenship Bulk Fleet Acquisition with Delivery of Ninth Ultramax Vessel
finance.yahoo.com - September 5 at 7:50 PM |
| Eagle Bulk Shipping Inc. (EGLE) Expected to Post Quarterly Sales of $38.14 Million
www.americanbankingnews.com - September 3 at 8:56 AM |
| Zacks: Eagle Bulk Shipping Inc. (EGLE) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - September 1 at 10:12 PM |
| Brokerages Anticipate Eagle Bulk Shipping Inc. (EGLE) to Post -$0.09 Earnings Per Share
www.americanbankingnews.com - September 1 at 6:28 AM |
| Euronav NV (EURN) vs. Eagle Bulk Shipping (EGLE) Financial Comparison
www.americanbankingnews.com - August 31 at 6:12 PM |
| Eagle Bulk Shipping, Inc. breached its 50 day moving average in a Bearish Manner : EGLE-US : August 31, 2017
finance.yahoo.com - August 31 at 6:04 PM |
| Head to Head Review: Euronav NV (EURN) & Eagle Bulk Shipping (EGLE)
www.americanbankingnews.com - August 30 at 12:18 PM |
| Maxim Group Analysts Give Eagle Bulk Shipping Inc. (EGLE) a $5.00 Price Target
www.americanbankingnews.com - August 30 at 11:20 AM |
| Eagle Bulk Shipping Inc. (EGLE) Given Consensus Rating of "" by Analysts
www.americanbankingnews.com - August 29 at 8:18 AM |
| Zacks: Eagle Bulk Shipping Inc. (EGLE) Given $7.00 Consensus Target Price by Brokerages
www.americanbankingnews.com - August 23 at 8:37 AM |
| Maxim Group Begins Coverage on Eagle Bulk Shipping Inc. (EGLE)
www.americanbankingnews.com - August 21 at 4:46 PM |
| Head to Head Review: Eagle Bulk Shipping (EGLE) and Overseas Shipholding Group (OSG)
www.americanbankingnews.com - August 21 at 2:24 PM |
| Eagle Bulk Shipping, Inc. – Value Analysis (NASDAQ:EGLE) : August 18, 2017
finance.yahoo.com - August 18 at 11:07 PM |
| Eagle Bulk Shipping, Inc. breached its 50 day moving average in a Bearish Manner : EGLE-US : August 18, 2017
finance.yahoo.com - August 18 at 6:07 PM |
| Dry Bulk Panel Discussion With Major Listed Company Executives
finance.yahoo.com - August 16 at 3:15 PM |
| Eagle Bulk Shipping Inc. (EGLE) Expected to Announce Quarterly Sales of $38.14 Million
www.americanbankingnews.com - August 15 at 1:34 AM |
| Zacks: Brokerages Anticipate Eagle Bulk Shipping Inc. (EGLE) to Announce -$0.05 EPS
www.americanbankingnews.com - August 13 at 8:08 PM |
| Seaport Global Securities Comments on Eagle Bulk Shipping Inc.'s Q3 2017 Earnings (NASDAQ:EGLE)
www.americanbankingnews.com - August 11 at 9:34 AM |
 | Eagle Bulk Shipping Inc. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 8 at 11:00 PM |
| Edited Transcript of EGLE earnings conference call or presentation 8-Aug-17 12:30pm GMT
finance.yahoo.com - August 8 at 11:00 PM |
| Investor Network: Eagle Bulk Shipping Inc to Host Earnings Call
finance.yahoo.com - August 8 at 5:58 PM |
| Eagle Bulk Shipping, Inc. breached its 50 day moving average in a Bullish Manner : EGLE-US : August 8, 2017
finance.yahoo.com - August 8 at 5:58 PM |
| Eagle Bulk Shipping Inc. (EGLE) Posts Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - August 8 at 12:18 AM |
| Eagle Bulk Shipping Inc. (NASDAQ:EGLE) Upgraded to "Buy" at Zacks Investment Research
www.americanbankingnews.com - August 7 at 8:38 PM |
| Brokerages Set $7.00 Price Target for Eagle Bulk Shipping Inc. (EGLE)
www.americanbankingnews.com - August 6 at 10:18 PM |
| Eagle Bulk Shipping Inc. Takes Delivery of M/V Madison Eagle
finance.yahoo.com - August 4 at 6:27 PM |
| Eagle Bulk Shipping Inc. (NASDAQ:EGLE) to Release Earnings on Monday
www.americanbankingnews.com - July 31 at 7:55 AM |
| Eagle Bulk Shipping (EGLE) and Nordic American Offshore (NAO) Head-To-Head Analysis
www.americanbankingnews.com - July 30 at 10:06 PM |
| ETFs with exposure to Eagle Bulk Shipping, Inc. : July 24, 2017
finance.yahoo.com - July 24 at 6:00 PM |
 | Eagle Bulk Shipping Inc. to Issue Second Quarter 2017 Results and Hold Investor Conference Call
feeds.benzinga.com - July 21 at 5:32 PM |
| Eagle Bulk Shipping Inc. (EGLE) Receives Average Rating of "Strong Buy" from Analysts
www.americanbankingnews.com - July 21 at 2:22 PM |
| Eagle Bulk Shipping Inc. (EGLE) Short Interest Update
www.americanbankingnews.com - July 16 at 7:06 AM |
| ETFs with exposure to Eagle Bulk Shipping, Inc. : July 14, 2017
finance.yahoo.com - July 14 at 3:30 PM |
| Eagle Bulk Shipping, Inc. breached its 50 day moving average in a Bearish Manner : EGLE-US : July 7, 2017
finance.yahoo.com - July 8 at 10:24 AM |
| Eagle Bulk Shipping Inc. Closes on New $61.2 Million Term Loan Facility - GlobeNewswire (press release)
globenewswire.com - July 7 at 3:06 AM |
| Analysts Expect Eagle Bulk Shipping Inc. (NASDAQ:EGLE) to Announce ($0.13) EPS
www.americanbankingnews.com - July 6 at 7:42 AM |
| Eagle Bulk Shipping Inc. Closes on New $61.2 Million Term Loan Facility
finance.yahoo.com - July 5 at 6:52 PM |
| $34.40 Million in Sales Expected for Eagle Bulk Shipping Inc. (EGLE) This Quarter
www.americanbankingnews.com - July 2 at 9:27 AM |
| -$0.13 EPS Expected for Eagle Bulk Shipping Inc. (EGLE) This Quarter
www.americanbankingnews.com - June 30 at 12:38 PM |
 | Eagle Bulk (EGLE) Looks Good: Stock Adds 8.9% in Session - Nasdaq
www.nasdaq.com - June 29 at 7:45 PM |
| Eagle Bulk Shipping Joins Russell 3000® Index
finance.yahoo.com - June 28 at 5:55 PM |
| Eagle Bulk Shipping, Inc. breached its 50 day moving average in a Bullish Manner : EGLE-US : June 27, 2017
finance.yahoo.com - June 27 at 5:12 PM |
| Eagle Bulk (EGLE) Looks Good: Stock Adds 8.9% in Session
finance.yahoo.com - June 27 at 5:12 PM |
| Maritime Investment Forum: Eagle Bulk Shipping video presentation - Seeking Alpha
seekingalpha.com - June 22 at 10:35 PM |
| Eagle Bulk Shipping to Present at Seeking Alpha Maritime Investment Forum - GlobeNewswire (press release)
globenewswire.com - June 22 at 5:29 PM |
| Eagle Bulk Shipping to Present at Seeking Alpha Maritime Investment Forum - Nasdaq
www.nasdaq.com - June 22 at 10:10 AM |
Eagle Bulk Shipping (EGLE) Chart for Tuesday, September, 19, 2017
