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

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$4.90 +0.07 (+1.45 %)
(As of 01/21/2019 04:00 PM ET)
Previous Close$4.83
Today's Range$4.81 - $4.98
52-Week Range$4.03 - $6.14
Volume313,868 shs
Average Volume225,949 shs
Market Capitalization$357.88 million
P/E Ratio-11.67
Dividend YieldN/A
Beta1.38
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.

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Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:EGLE
CUSIPN/A
Phone203-276-8100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$236.79 million
Cash Flow$0.1359 per share
Book Value$6.22 per share

Profitability

Net Income$-43,790,000.00

Miscellaneous

Employees941
Market Cap$357.88 million
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) released its quarterly earnings results on Tuesday, November, 6th. The shipping company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. The shipping company earned $53.97 million during the quarter, compared to analysts' expectations of $57.49 million. Eagle Bulk Shipping had a positive return on equity of 0.96% and a negative net margin of 3.52%. View Eagle Bulk Shipping's Earnings History.

When is Eagle Bulk Shipping's next earnings date?

Eagle Bulk Shipping is scheduled to release their next quarterly earnings announcement on Monday, March 4th 2019. View Earnings Estimates for Eagle Bulk Shipping.

What price target have analysts set for EGLE?

7 brokerages have issued 12 month target prices 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 year. This suggests a possible upside of 46.3% 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. " (1/17/2019)
  • 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 very positive this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Eagle Bulk Shipping earned a media sentiment score of 3.2 on InfoTrie's scale. They also assigned news stories about the shipping company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are some of Eagle Bulk Shipping's key competitors?

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 a variety of of retail and institutional investors. Top institutional shareholders 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 major 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 $4.90.

How big of a company is Eagle Bulk Shipping?

Eagle Bulk Shipping has a market capitalization of $357.88 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?

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

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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  203 (Vote Outperform)
Underperform Votes:  254 (Vote Underperform)
Total Votes:  457
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.
This page was last updated on 1/21/2019 by MarketBeat.com Staff

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