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NASDAQ:EGLEEagle Bulk Shipping Stock Price, Forecast & News

+0.09 (+3.91 %)
(As of 06/5/2020 04:00 PM ET)
Today's Range
Now: $2.39
50-Day Range
MA: $1.67
52-Week Range
Now: $2.39
Volume1.06 million shs
Average Volume551,872 shs
Market Capitalization$183.43 million
P/E RatioN/A
Dividend YieldN/A
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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Eagle Bulk Shipping logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.56 out of 5 stars

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Current SymbolNASDAQ:EGLE



Sales & Book Value

Annual Sales$292.38 million
Cash Flow$0.53 per share
Book Value$6.28 per share


Net Income$-21,700,000.00


Market Cap$183.43 million
Next Earnings Date8/3/2020 (Estimated)

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Eagle Bulk Shipping (NASDAQ:EGLE) Frequently Asked Questions

How has Eagle Bulk Shipping's stock been impacted by COVID-19 (Coronavirus)?

Eagle Bulk Shipping's stock was trading at $2.39 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, EGLE shares have increased by 0.0% and is now trading at $2.39. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Eagle Bulk Shipping?

6 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Eagle Bulk Shipping.

When is Eagle Bulk Shipping's next earnings date?

Eagle Bulk Shipping is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Eagle Bulk Shipping.

How were Eagle Bulk Shipping's earnings last quarter?

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) announced its earnings results on Thursday, May, 7th. The shipping company reported ($0.05) earnings per share for the quarter, topping analysts' consensus estimates of ($0.15) by $0.10. The shipping company earned $47.81 million during the quarter, compared to analysts' expectations of $47.15 million. Eagle Bulk Shipping had a negative net margin of 8.73% and a negative return on equity of 5.01%. View Eagle Bulk Shipping's earnings history.

What price target have analysts set for EGLE?

6 brokerages have issued 12-month price targets for Eagle Bulk Shipping's shares. Their forecasts range from $3.00 to $6.00. On average, they expect Eagle Bulk Shipping's share price to reach $4.42 in the next year. This suggests a possible upside of 84.8% from the stock's current price. View analysts' price targets 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. " (5/14/2020)
  • 2. Noble Financial analysts commented, "We view TSCO among the highest coveted retail CEO jobs available, a top notch candidate is likely, and a fresh perspective presents opportunities to keep TSCO ahead of a changing retail paradigm." (9/11/2019)

Has Eagle Bulk Shipping been receiving favorable news coverage?

Press coverage about EGLE stock has trended extremely negative on Saturday, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Eagle Bulk Shipping earned a coverage optimism score of -4.4 on InfoTrie's scale. They also gave media coverage about the shipping company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days. View the latest news aboutEagle Bulk Shipping.

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

What other stocks do shareholders of Eagle Bulk Shipping own?

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), DryShips (DRYS), Star Bulk Carriers (SBLK), Ford Motor (F), Chesapeake Energy (CHK), Cleveland-Cliffs (CLF) and Gevo (GEVO).

Who are Eagle Bulk Shipping's key executives?

Eagle Bulk Shipping's management team includes the following people:
  • Gary Scott Vogel, Chief Executive Officer & Director
  • Frank C. de Costanzo, Chief Financial Officer & Secretary
  • Archibald Morgan, Vice President & Head-Technical Management
  • Costa Tsoutsoplides, Director-Strategy & Business Development
  • Michael J. Mitchell, General Counsel

What is Eagle Bulk Shipping's stock symbol?

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

Who are Eagle Bulk Shipping's major shareholders?

Eagle Bulk Shipping's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.93%), Geode Capital Management LLC (1.24%), State Street Corp (1.09%), Relyea Zuckerberg Hanson LLC (0.71%), Victory Capital Management Inc. (0.56%) 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.

Which institutional investors are selling Eagle Bulk Shipping stock?

EGLE stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, UBS Group AG, Bank of New York Mellon Corp, JPMorgan Chase & Co., and BlackRock Inc.. 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 activity for Eagle Bulk Shipping.

Which institutional investors are buying Eagle Bulk Shipping stock?

EGLE stock was acquired by a variety of institutional investors in the last quarter, including Relyea Zuckerberg Hanson LLC, Invesco Ltd., State Street Corp, Parametric Portfolio Associates LLC, Geode Capital Management LLC, Nuveen Asset Management LLC, Wells Fargo & Company MN, and Victory Capital Management Inc.. 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 activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Eagle Bulk Shipping's stock price today?

One share of EGLE stock can currently be purchased for approximately $2.39.

How big of a company is Eagle Bulk Shipping?

Eagle Bulk Shipping has a market capitalization of $183.43 million and generates $292.38 million in revenue each year. The shipping company earns $-21,700,000.00 in net income (profit) each year or ($0.25) on an earnings per share basis.

What is Eagle Bulk Shipping's official website?

The official website for Eagle Bulk Shipping is 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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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