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

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

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) issued its quarterly earnings data on Wednesday, November, 6th. The shipping company reported ($0.06) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.02) by $0.04. The shipping company had revenue of $54.66 million for the quarter, compared to analysts' expectations of $55.95 million. Eagle Bulk Shipping had a negative return on equity of 1.22% and a negative net margin of 1.31%. View Eagle Bulk Shipping's Earnings History.

Eagle Bulk Shipping is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for Eagle Bulk Shipping.

5 analysts have issued 1 year price objectives for Eagle Bulk Shipping's shares. 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. This suggests a possible upside of 64.4% from the stock's current price. View Analyst Price Targets for Eagle Bulk Shipping.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eagle Bulk Shipping in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Eagle Bulk Shipping.

Press coverage about EGLE stock has been trending somewhat positive on Tuesday, InfoTrie reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Eagle Bulk Shipping earned a news impact score of 0.8 on InfoTrie's scale. They also gave headlines about the shipping company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the next few days. View News Stories for Eagle Bulk Shipping.

Some companies that are related to Eagle Bulk Shipping include DHT (DHT), COSTAMARE INC/SH (CMRE), PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), Seacor (CKH), Dorian LPG (LPG), Navigator (NVGS), DryShips (DRYS), Teekay (TK), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT), TSAKOS ENERGY N/SH (TNP), Diana Shipping (DSX), Capital Product Partners (CPLP) and SEACOR Marine (SMHI).

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), Advanced Micro Devices (AMD), Bank of America (BAC), DryShips (DRYS), Star Bulk Carriers (SBLK), Ford Motor (F), Gevo (GEVO), Netflix (NFLX) and Chesapeake Energy (CHK).

Eagle Bulk Shipping's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Relyea Zuckerberg Hanson LLC (0.59%), California Public Employees Retirement System (0.28%), Sippican Capital Advisors (0.03%) and SG Americas Securities LLC (0.01%). Company insiders that own Eagle Bulk Shipping stock include Gary Vogel, Goldentree Asset Management Lp, Oaktree Capital Group Holdings, Paul M Jr Leand and Steven A Tananbaum. View Institutional Ownership Trends for Eagle Bulk Shipping.

EGLE stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System. Company insiders that have sold Eagle Bulk Shipping company stock in the last year include Gary Vogel and Goldentree Asset Management Lp. View Insider Buying and Selling for Eagle Bulk Shipping.

EGLE stock was acquired by a variety of institutional investors in the last quarter, including Relyea Zuckerberg Hanson LLC, SG Americas Securities LLC and Sippican Capital Advisors. Company insiders that have bought Eagle Bulk Shipping stock in the last two years include Goldentree Asset Management Lp, Oaktree Capital Group Holdings and Paul M Jr Leand. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of EGLE stock can currently be purchased for approximately $3.65.

Eagle Bulk Shipping has a market capitalization of $279.68 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. View Additional Information About Eagle Bulk Shipping.

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

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]