NASDAQ:EGLE Eagle Bulk Shipping Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Eagle Bulk Shipping Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $16.27 +0.27 (+1.69 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$16.02Now: $16.27▼$16.6650-Day Range$15.95MA: $18.33▼$23.2752-Week Range$8.89Now: $16.27▼$34.13Volume57,388 shsAverage Volume75,861 shsMarket Capitalization$179.02 millionP/E RatioN/ADividend YieldN/ABeta1.19 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingEagle Bulk Shipping has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.94, Eagle Bulk Shipping has a forecasted upside of 65.6% from its current price of $16.27.Amount of Analyst CoverageEagle Bulk Shipping has only been the subject of 2 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesEagle Bulk Shipping has received 286 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEagle Bulk Shipping has received 364 “underperform” votes. (Add your “underperform” vote.)Community SentimentEagle Bulk Shipping has received 56.00% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldEagle Bulk Shipping does not currently pay a dividend.Dividend GrowthEagle Bulk Shipping does not have a long track record of dividend growth. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Eagle Bulk Shipping insiders have bought more of their company's stock than they have sold. Specifically, they have bought $224,870.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.50% of the stock of Eagle Bulk Shipping is held by insiders.Percentage Held by Institutions80.14% of the stock of Eagle Bulk Shipping is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Eagle Bulk Shipping are expected to grow in the coming year, from ($0.50) to ($0.04) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eagle Bulk Shipping is -29.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Eagle Bulk Shipping is -29.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioEagle Bulk Shipping has a P/B Ratio of 2.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.05 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNASDAQ:EGLE Previous Symbol CUSIPN/A CIK1322439 Webwww.eagleships.com Phone203-276-8100Debt Debt-to-Equity Ratio1.06 Current Ratio1.60 Quick Ratio1.48Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$292.38 million Price / Sales0.61 Cash Flow$3.15 per share Price / Cash Flow5.16 Book Value$6.28 per share Price / Book2.59Profitability EPS (Most Recent Fiscal Year)($0.25) Net Income$-21,700,000.00 Net Margins-14.33% Return on Equity-8.10% Return on Assets-3.83%Miscellaneous EmployeesN/A Outstanding Shares11,003,000Market Cap$179.02 million Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $16.27 +0.27 (+1.69 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive EGLE News and Ratings via Email Sign-up to receive the latest news and ratings for EGLE and its competitors with MarketBeat's FREE daily newsletter. Eagle Bulk Shipping (NASDAQ:EGLE) Frequently Asked Questions How has Eagle Bulk Shipping's stock been impacted by Coronavirus (COVID-19)? 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. Since then, EGLE shares have decreased by 2.7% and is now trading at $16.27. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Eagle Bulk Shipping? 5 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 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 Wednesday, November 4th 2020. View our earnings forecast for Eagle Bulk Shipping. How were Eagle Bulk Shipping's earnings last quarter? Eagle Bulk Shipping Inc. (NASDAQ:EGLE) posted its quarterly earnings data on Thursday, August, 6th. The shipping company reported ($1.96) EPS for the quarter, missing the Zacks' consensus estimate of ($1.54) by $0.42. The shipping company had revenue of $33.62 million for the quarter, compared to analysts' expectations of $43.94 million. Eagle Bulk Shipping had a negative net margin of 14.33% and a negative return on equity of 8.10%. View Eagle Bulk Shipping's earnings history. When did Eagle Bulk Shipping's stock split? How did Eagle Bulk Shipping's stock split work? Eagle Bulk Shipping's stock reverse split before market open 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 market closes 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. What price target have analysts set for EGLE? 5 analysts have issued 12-month price objectives for Eagle Bulk Shipping's shares. Their forecasts range from $21.00 to $32.50. On average, they anticipate Eagle Bulk Shipping's share price to reach $26.94 in the next year. This suggests a possible upside of 65.6% from the stock's current price. View analysts' price targets for Eagle Bulk Shipping. Are investors shorting Eagle Bulk Shipping? Eagle Bulk Shipping saw a decrease in short interest in September. As of September 15th, there was short interest totaling 957,100 shares, a decrease of 81.3% from the August 31st total of 5,110,000 shares. Based on an average daily trading volume, of 62,700 shares, the days-to-cover ratio is presently 15.3 days. Currently, 8.8% of the company's shares are sold short. View Eagle Bulk Shipping's Short Interest. Who are some of Eagle Bulk Shipping's key competitors? Some companies that are related to Eagle Bulk Shipping include PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), Scorpio Tankers (STNG), COSTAMARE INC/SH (CMRE), Seacor (CKH), Torm (TRMD), DryShips (DRYS), Navigator (NVGS), Dorian LPG (LPG), Genco Shipping & Trading (GNK), Teekay (TK), Overseas Shipholding Group (OSG), Scorpio Bulkers (SALT), Danaos (DAC) and TSAKOS ENERGY N/SH (TNP). View all 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), Chesapeake Energy (CHKAQ), DHT (DHT), General Electric (GE), Matinas BioPharma (MTNB), ADMA Biologics (ADMA), Bank of America (BAC), EnLink Midstream (ENLC), New Residential Investment (NRZ) and Washington Prime Group (WPG). Who are Eagle Bulk Shipping's key executives? Eagle Bulk Shipping's management team includes the following people: Gary Scott Vogel, Chief Executive Officer & DirectorFrank C. de Costanzo, Chief Financial Officer & SecretaryArchibald Morgan, Vice President & Head-Technical ManagementCosta Tsoutsoplides, Director-Strategy & Business DevelopmentMichael 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 a variety of retail and institutional investors. Top institutional investors include Bank of America Corp DE (0.77%), Relyea Zuckerberg Hanson LLC (0.77%), Goldman Sachs Group Inc. (0.32%), Mangrove Partners (0.28%), Ancora Advisors LLC (0.19%) and UBS Group AG (0.13%). 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 major investors are selling Eagle Bulk Shipping stock? EGLE stock was sold by a variety of institutional investors in the last quarter, including Mangrove Partners, Caption Management LLC, Two Sigma Advisers LP, Jeereddi Investments LP, UBS Group AG, and Ancora Advisors LLC. 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 major investors are buying Eagle Bulk Shipping stock? EGLE stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Relyea Zuckerberg Hanson LLC, Sippican Capital Advisors, Jane Street Group LLC, and Bank of America Corp DE. Company insiders that have bought Eagle Bulk Shipping stock in the last two years include Gary Vogel, 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 $16.27. How big of a company is Eagle Bulk Shipping? Eagle Bulk Shipping has a market capitalization of $179.02 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 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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