Eagle Bulk Shipping, Inc. is a holding company, which engages in the ocean transportation of a broad range of dry bulk cargoes worldwide through the ownership, charter, and operation of dry bulk vessels. It operates Supramax and Handymax vessels that transport minor and major bulk cargoes, including iron ore, coal, grain, cement, and fertilizer. The company was founded by Sophocles N. Zoullas on March 23, 2005 and is headquartered in Stamford, CT.
Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Phone203-276-8100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$236.79 million
Profitability
Miscellaneous
Employees941
OptionableOptionable
Eagle Bulk Shipping (NASDAQ:EGLE) Frequently Asked Questions
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) issued its quarterly earnings results on Tuesday, November, 6th. The shipping company reported $0.04 EPS for the quarter, beating the Zacks' consensus estimate of $0.03 by $0.01. The shipping company had revenue of $53.97 million for the quarter, compared to analysts' expectations of $57.49 million. Eagle Bulk Shipping had a negative net margin of 3.52% and a positive return on equity of 0.96%. View Eagle Bulk Shipping's Earnings History.
When is Eagle Bulk Shipping's next earnings date?
What price target have analysts set for EGLE?
7 Wall Street analysts have issued 12-month price objectives for Eagle Bulk Shipping's stock. Their forecasts range from $6.00 to $8.50. On average, they anticipate Eagle Bulk Shipping's share price to reach $7.1667 in the next twelve months. This suggests a possible upside of 48.4% from the stock's current price. View Analyst Price Targets for Eagle Bulk Shipping.
What is the consensus analysts' recommendation for Eagle Bulk Shipping?
7 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Eagle Bulk Shipping.
What are Wall Street 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. " (1/16/2019)
- 2. Maxim Group analysts commented, "After the market close, Eagle Bulk Shipping (EGLE) reported mixed 1Q18 results; gross and net revenue beat our forecast, EBITDA missed and EPS was in line with our view. The company reported a fleet-wide net time charter-equivalent (TCE) rate of $11,052 per vessel/day in 1Q18, a 41% increase over the $7,825 per vessel/day achieved during 1Q17. The company preannounced that 70% of 2Q18 days have been fixed at a TCE rate of $11,234 per vessel/day which is in line with the 2Q18 avg. rate of $11,795 per vessel/day, and in line with our $11,358 per vessel/day estimate for 2Q18. Management will host an earnings call tomorrow morning at 8am ET.." (5/9/2018)
Has Eagle Bulk Shipping been receiving favorable news coverage?
News articles about EGLE stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Eagle Bulk Shipping earned a coverage optimism score of -2.8 on InfoTrie's scale. They also gave media headlines about the shipping company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the immediate future.
Who are some of Eagle Bulk Shipping's key competitors?
Some companies that are related to Eagle Bulk Shipping include Euronav (EURN), SEASPAN CORP/SH SH (SSW), Pac BASIN SHIPP/ADR (PCFBY), Scorpio Tankers (STNG), Frontline (FRO), Seacor (CKH), Star Bulk Carriers (SBLK), DHT (DHT), DryShips (DRYS), COSTAMARE INC/SH (CMRE), Navigator (NVGS), Scorpio Bulkers (SALT), Teekay (TK), Dorian LPG (LPG) and Genco Shipping & Trading (GNK).
Who are Eagle Bulk Shipping's key executives?
Eagle Bulk Shipping's management team includes the folowing people:
- Gary Scott Vogel, Chief Executive Officer & Director
- Frank C. de Costanzo, Chief Financial Officer & Secretary
Who are Eagle Bulk Shipping's major shareholders?
Eagle Bulk Shipping's stock is owned by many different of institutional and retail investors. Top institutional investors include Meeder Asset Management Inc. (0.03%) and Sippican Capital Advisors (0.02%). Company insiders that own Eagle Bulk Shipping stock include Gary Vogel, Goldentree Asset Management Lp, Oaktree Capital Group Holdings and Steven A Tananbaum. View Institutional Ownership Trends for Eagle Bulk Shipping.
Which institutional investors are buying Eagle Bulk Shipping stock?
EGLE stock was bought by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc. and Sippican Capital Advisors. 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 shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Eagle Bulk Shipping's stock price today?
One share of EGLE stock can currently be purchased for approximately $4.83.
How big of a company is Eagle Bulk Shipping?
Eagle Bulk Shipping has a market capitalization of $347.66 million and generates $236.79 million in revenue each year. The shipping company earns $-43,790,000.00 in net income (profit) each year or ($0.42) on an earnings per share basis. Eagle Bulk Shipping employs 941 workers across the globe.
What is Eagle Bulk Shipping's official website?
How can I contact Eagle Bulk Shipping?
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]
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 EGLE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EGLE will underperform the S&P 500 over the long term. You may vote once every thirty days.
