Eagle Bulk Shipping Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Eagle Bulk Shipping in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Eagle Bulk Shipping stock.
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Wall Street analysts have given Eagle Bulk Shipping a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Eagle Bulk Shipping wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Eagle Bulk Shipping saw a decline in short interest during the month of July. As of July 15th, there was short interest totaling 912,100 shares, a decline of 19.3% from the June 30th total of 1,130,000 shares. Based on an average daily trading volume, of 247,200 shares, the days-to-cover ratio is presently 3.7 days.
View Eagle Bulk Shipping's Short Interest.

Eagle Bulk Shipping is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Eagle Bulk Shipping.

Eagle Bulk Shipping will be holding an earnings conference call on Friday, August 6th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "3636539".

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) issued its earnings results on Thursday, May, 6th. The shipping company reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.72 by $0.12. The shipping company had revenue of $69.96 million for the quarter, compared to analyst estimates of $77.45 million. Eagle Bulk Shipping had a negative net margin of 7.29% and a negative trailing twelve-month return on equity of 4.68%.
View Eagle Bulk Shipping's earnings history.

Eagle Bulk Shipping's stock was trading at $16.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, EGLE stock has increased by 149.9% and is now trading at $41.80.
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Eagle Bulk Shipping's stock reverse split on Tuesday, September 15th 2020. The 1-7 reverse split was announced on Monday, September 14th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Monday, September 14th 2020. An investor that had 100 shares of Eagle Bulk Shipping stock prior to the reverse split would have 14 shares after the split.

5 brokerages have issued 12-month price targets for Eagle Bulk Shipping's stock. Their forecasts range from $30.00 to $62.00. On average, they expect Eagle Bulk Shipping's stock price to reach $46.25 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price.
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1 employees have rated Eagle Bulk Shipping CEO Gary Vogel on Glassdoor.com. Gary Vogel has an approval rating of 100% among Eagle Bulk Shipping's employees. This puts Gary Vogel in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Eagle Bulk Shipping include Star Bulk Carriers (SBLK), Euronav (EURN), Frontline (FRO), Danaos (DAC), Costamare (CMRE), DHT (DHT), Scorpio Tankers (STNG), SFL (SFL), Genco Shipping & Trading (GNK), TORM (TRMD), Global Ship Lease (GSL), Dorian LPG (LPG), Navigator (NVGS), Navios Maritime Partners (NMM) and Safe Bulkers (SB).
View all of EGLE's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eagle Bulk Shipping investors own include Pacific Basin Shipping (PCFBY), Chesapeake Energy (CHKAQ), Matinas BioPharma (MTNB), DHT (DHT), General Electric (GE), ADMA Biologics (ADMA), Advanced Micro Devices (AMD), Miragen Therapeutics (MGEN), Bank of America (BAC) and EnLink Midstream (ENLC).

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

Eagle Bulk Shipping's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Advisor Group Holdings Inc. (0.33%), Victory Capital Management Inc. (0.22%), Sippican Capital Advisors (0.08%) and New York State Common Retirement Fund (0.06%). Company insiders that own Eagle Bulk Shipping stock include Costanzo Frank De, Gary Vogel, Goldentree Asset Management Lp, Oaktree Capital Group Holdings and Paul M Jr Leand.
View institutional ownership trends for Eagle Bulk Shipping.

EGLE stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., and Sippican Capital Advisors. Company insiders that have sold Eagle Bulk Shipping company stock in the last year include Costanzo Frank De, Gary Vogel, Goldentree Asset Management Lp, and Oaktree Capital Group Holdings.
View insider buying and selling activity for Eagle Bulk Shipping or view top insider-selling stocks.

EGLE stock was purchased by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., and New York State Common Retirement Fund. Company insiders that have bought Eagle Bulk Shipping stock in the last two years include Gary Vogel, Oaktree Capital Group Holdings, and Paul M Jr Leand.
View insider buying and selling activity for Eagle Bulk Shipping or or view top insider-buying stocks.

Shares of EGLE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EGLE stock can currently be purchased for approximately $41.80.

Eagle Bulk Shipping has a market capitalization of $524.72 million and generates $275.13 million in revenue each year. The shipping company earns $-35,060,000.00 in net income (profit) each year or ($3.40) on an earnings per share basis.

Eagle Bulk Shipping employs 900 workers across the globe.

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

Eagle Bulk Shipping is headquartered at 300 First Stamford Place 5th Floor, Stamford CT, 06902.

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]