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) released its quarterly earnings data on Wednesday, November, 6th. The shipping company reported ($0.06) EPS for the quarter, missing analysts' consensus estimates 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 Wednesday, March 4th 2020. View Earnings Estimates for Eagle Bulk Shipping.

Eagle Bulk Shipping will be holding an earnings conference call on Wednesday, March 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 brokerages have issued 1 year target prices for Eagle Bulk Shipping's stock. Their forecasts range from $4.10 to $7.00. On average, they anticipate Eagle Bulk Shipping's share price to reach $5.78 in the next year. This suggests a possible upside of 91.2% from the stock's current price. View Analyst Price Targets for Eagle Bulk Shipping.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eagle Bulk Shipping in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Eagle Bulk Shipping.

Media coverage about EGLE stock has been trending very negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Eagle Bulk Shipping earned a news impact score of -3.5 on InfoTrie's scale. They also assigned press coverage about the shipping company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Eagle Bulk Shipping.

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

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

Eagle Bulk Shipping's stock is owned by a number of of retail and institutional investors. Top institutional investors include Royce & Associates LP (2.76%), Geode Capital Management LLC (1.18%), State Street Corp (1.02%), Renaissance Technologies LLC (0.72%), Relyea Zuckerberg Hanson LLC (0.59%) and Victory Capital Management Inc. (0.56%). 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 Renaissance Technologies LLC, Goldman Sachs Group Inc., California Public Employees Retirement System and Alliancebernstein L.P.. 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 purchased by a variety of institutional investors in the last quarter, including Relyea Zuckerberg Hanson LLC, Hawk Ridge Capital Management LP, Jeereddi Investments LP, Panagora Asset Management Inc., Royce & Associates LP, Victory Capital Management Inc., Ancora Advisors LLC and Geode Capital Management LLC. 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 $3.02.

Eagle Bulk Shipping has a market capitalization of $231.42 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]