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

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

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) issued its quarterly earnings data on Wednesday, November, 6th. The shipping company reported ($0.06) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.02) by $0.04. The shipping company had revenue of $54.66 million for the quarter, compared to analysts' expectations of $55.95 million. Eagle Bulk Shipping had a negative return on equity of 1.22% and a negative net margin of 1.31%. View Eagle Bulk Shipping's Earnings History.

Eagle Bulk Shipping is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for Eagle Bulk Shipping.

Eagle Bulk Shipping will be holding an earnings conference call on Wednesday, March 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 equities research analysts have issued twelve-month price objectives for Eagle Bulk Shipping's stock. Their forecasts range from $4.10 to $7.00. On average, they anticipate Eagle Bulk Shipping's share price to reach $5.78 in the next twelve months. This suggests a possible upside of 78.2% from the stock's current price. View Analyst Price Targets for Eagle Bulk Shipping.

4 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Eagle Bulk Shipping.

Media headlines about EGLE stock have been trending extremely negative on Thursday, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Eagle Bulk Shipping earned a news sentiment score of -4.3 on InfoTrie's scale. They also assigned headlines about the shipping company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Eagle Bulk Shipping.

Some companies that are related to Eagle Bulk Shipping include COSTAMARE INC/SH (CMRE), Star Bulk Carriers (SBLK), Seacor (CKH), DHT (DHT), PAC BASIN SHIPP/ADR (PCFBY), Dorian LPG (LPG), Navigator (NVGS), DryShips (DRYS), Teekay (TK), Genco Shipping & Trading (GNK), TSAKOS ENERGY N/SH (TNP), Diana Shipping (DSX), Scorpio Bulkers (SALT), Capital Product Partners (CPLP) and Ardmore Shipping (ASC).

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), Advanced Micro Devices (AMD), Star Bulk Carriers (SBLK), Bank of America (BAC), DryShips (DRYS), Intel (INTC), Ford Motor (F), Gevo (GEVO) and Netflix (NFLX).

Eagle Bulk Shipping's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (2.76%), State Street Corp (1.02%), Renaissance Technologies LLC (0.72%), Relyea Zuckerberg Hanson LLC (0.59%), Victory Capital Management Inc. (0.56%) and Victory Capital Management Inc. (0.54%). 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.

EGLE stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Goldman Sachs Group Inc., California Public Employees Retirement System and Alliancebernstein L.P.. 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 for Eagle Bulk Shipping.

EGLE stock was purchased by a variety of institutional investors in the last quarter, including Relyea Zuckerberg Hanson LLC, Hawk Ridge Capital Management LP, Jeereddi Investments LP, Panagora Asset Management Inc., Royce & Associates LP, Victory Capital Management Inc., Ancora Advisors LLC and Barclays PLC. 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 for 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.

One share of EGLE stock can currently be purchased for approximately $3.24.

Eagle Bulk Shipping has a market capitalization of $248.28 million and generates $310.09 million in revenue each year. The shipping company earns $12.57 million in net income (profit) each year or $0.18 on an earnings per share basis. View Additional Information About Eagle Bulk Shipping.

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

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]