Eagle Bulk Shipping Company Profile (NASDAQ:EGLE)

About Eagle Bulk Shipping (NASDAQ:EGLE)

Eagle Bulk Shipping logoEagle 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: $4.66
  • 200 Day Moving Avg: $4.69
  • 52 Week Range: $4.06 - $11.16
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -29.19
  • P/E Growth: -0.79
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: 248,722 shs.
  • Beta: 3.45
 

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 quarterly earnings results on Monday, August, 8th. The company reported ($9.98) earnings per share for the quarter. The firm earned $25.60 million during the quarter, compared to analysts' expectations of $22.70 million. Eagle Bulk Shipping had a negative net margin of 100.90% and a negative return on equity of 11.66%. View Eagle Bulk Shipping's Earnings History.

When will Eagle Bulk Shipping make its next earnings announcement?

Eagle Bulk Shipping is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Eagle Bulk Shipping.

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 objectives for Eagle Bulk Shipping's shares. Their forecasts range from $5.00 to $7.00. On average, they expect 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?

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 $4.67.


MarketBeat Community Rating for Eagle Bulk Shipping (NASDAQ EGLE)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  59 (Vote Outperform)
Underperform Votes:  129 (Vote Underperform)
Total Votes:  188
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.

Analyst Ratings

Consensus Ratings for Eagle Bulk Shipping (NASDAQ:EGLE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $6.00 (28.48% upside)
Consensus Price Target History for Eagle Bulk Shipping (NASDAQ:EGLE)
Price Target History for Eagle Bulk Shipping (NASDAQ:EGLE)
Analysts' Ratings History for Eagle Bulk Shipping (NASDAQ:EGLE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/30/2017Maxim GroupSet Price TargetHold$5.00HighView Rating Details
3/9/2017Seaport Global SecuritiesReiterated RatingBuy$7.00MediumView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Eagle Bulk Shipping (NASDAQ:EGLE)
Earnings by Quarter for Eagle Bulk Shipping (NASDAQ:EGLE)
Earnings History by Quarter for Eagle Bulk Shipping (NASDAQ EGLE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017($0.09)N/AView Earnings Details
5/8/2017Q1 2017($0.22)($0.17)$31.30 million$45.86 millionViewListenView Earnings Details
11/8/2016Q316($0.52)$29.10 million$35.80 millionViewListenView Earnings Details
8/8/2016Q216($9.98)$22.70 million$25.60 millionViewListenView Earnings Details
11/16/2015Q3($0.54)$29.80 million$29.10 millionViewN/AView Earnings Details
8/14/2015Q215($0.73)$22.70 millionViewN/AView Earnings Details
8/7/2013Q2 2013($1.83)($0.18)$39.98 million$44.20 millionViewListenView Earnings Details
5/15/2013Q1 2013($2.10)$0.08$38.27 million$72.22 millionViewListenView Earnings Details
4/1/2013Q4 2012($1.93)($1.92)$42.79 million$42.80 millionViewListenView Earnings Details
11/8/2012Q312($1.79)($1.77)$41.88 million$46.90 millionViewN/AView Earnings Details
8/8/2012($1.40)($1.46)ViewN/AView Earnings Details
5/9/2012($0.32)($0.28)ViewN/AView Earnings Details
11/7/2011($0.05)($0.09)ViewN/AView Earnings Details
8/3/2011($0.03)($0.02)ViewN/AView Earnings Details
5/9/2011($0.10)($0.09)ViewN/AView Earnings Details
3/2/2011$0.03$0.05ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Eagle Bulk Shipping (NASDAQ:EGLE)
2017 EPS Consensus Estimate: ($0.59)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.17)($0.17)($0.17)
Q2 20171($0.12)($0.12)($0.12)
Q3 20171($0.13)($0.13)($0.13)
Q4 20171($0.17)($0.17)($0.17)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Eagle Bulk Shipping (NASDAQ:EGLE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

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)
Institutional Ownership by Quarter for Eagle Bulk Shipping (NASDAQ:EGLE)
Insider Trades by Quarter for Eagle Bulk Shipping (NASDAQ:EGLE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/20/2017Oaktree Capital Group HoldingsMajor ShareholderBuy7,600,000$4.50$34,200,000.00View SEC Filing  
8/10/2016Goldentree Asset Management LpInsiderBuy713,910$3.00$2,141,730.00View SEC Filing  
7/9/2015Goldentree Asset Management LpMajor ShareholderBuy2,140$7.48$16,007.20View SEC Filing  
4/6/2015Goldentree Asset Management LpMajor ShareholderBuy500,000$8.50$4,250,000.00View SEC Filing  
4/2/2015Steven A TananbaumMajor ShareholderBuy28,162$7.84$220,790.08View SEC Filing  
3/20/2015Goldentree Asset Management LpMajor ShareholderBuy250,000$9.00$2,250,000.00View SEC Filing  
3/17/2015Goldentree Asset Management LpMajor ShareholderBuy110,550$9.20$1,017,060.00View SEC Filing  
3/6/2015Goldentree Asset Management LpMajor ShareholderBuy35,622$9.43$335,915.46View SEC Filing  
2/2/2015Goldentree Asset Management LpMajor ShareholderBuy565,000$9.66$5,457,900.00View SEC Filing  
8/19/2013Sophocles ZoullasCEOSell127,229$3.44$437,667.76View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Eagle Bulk Shipping (NASDAQ:EGLE)
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Chart

Eagle Bulk Shipping (EGLE) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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