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

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$5.06 +0.24 (+4.98 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$5.06
Today's Range$4.82 - $5.10
52-Week Range$3.85 - $6.14
Volume517,666 shs
Average Volume317,945 shs
Market Capitalization$369.58 million
P/E Ratio-12.05
Dividend YieldN/A
Beta1.2
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$0.1427 per share
Book Value$6.22 per share

Profitability

Net Income$-43,790,000.00

Miscellaneous

Employees941
Market Cap$369.58 million
Next Earnings Date3/5/2019 (Confirmed)
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) posted its quarterly earnings data 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 had revenue of $53.97 million for the quarter, compared to analyst estimates 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 Tuesday, March 5th 2019. View Earnings Estimates for Eagle Bulk Shipping.

What price target have analysts set for EGLE?

6 analysts have issued twelve-month target prices for Eagle Bulk Shipping's shares. Their forecasts range from $5.00 to $8.50. On average, they anticipate Eagle Bulk Shipping's stock price to reach $6.80 in the next year. This suggests a possible upside of 34.4% from the stock's current price. View Analyst Price Targets for Eagle Bulk Shipping.

What is the consensus analysts' recommendation for 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 1 hold rating and 5 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. Maxim Group analysts commented, "Eagle Bulk (EGLE) announced a continuation of its fleet renewal program, selling two vintage Supramax vessels and purchasing a modern Ultramax vessel to bring pro forma fleet to 46 vessels." (1/23/2019)
  • 2. 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)

Has Eagle Bulk Shipping been receiving favorable news coverage?

News stories about EGLE stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Eagle Bulk Shipping earned a news sentiment score of 1.3 on InfoTrie's scale. They also gave news coverage about the shipping company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

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 DryShips (drys), Advanced Micro Devices (AMD), General Electric (GE), Microbot Medical (MBOT), Sprint (S), PAC BASIN SHIPP/ADR (PCFBY), Bank of America (BAC), Gevo (GEVO), Intel (INTC) and Nokia Oyj (NOK).

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 number of of institutional and retail investors. Top institutional shareholders include Oaktree Capital Management LP (35.75%), BlackRock Inc. (3.34%), Royce & Associates LP (2.43%), Dimensional Fund Advisors LP (2.15%), Benefit Street Partners LLC (1.20%) and Signia Capital Management LLC (1.05%). 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 institutional investors are selling Eagle Bulk Shipping stock?

EGLE stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Two Sigma Investments LP, D. E. Shaw & Co. Inc., Oppenheimer & Co. Inc., Two Sigma Advisers LP, Macquarie Group Ltd. and Benefit Street Partners LLC. Company insiders that have sold Eagle Bulk Shipping company stock in the last year include Gary Vogel, Goldentree Asset Management Lp and Steven A Tananbaum. View Insider Buying and Selling for Eagle Bulk Shipping.

Which institutional investors are buying Eagle Bulk Shipping stock?

EGLE stock was purchased by a variety of institutional investors in the last quarter, including Oaktree Capital Management LP, Royce & Associates LP, Dimensional Fund Advisors LP, Signia Capital Management LLC, Geode Capital Management LLC, BlackRock Inc., Northern Trust Corp and Paloma Partners Management Co. 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 $5.06.

How big of a company is Eagle Bulk Shipping?

Eagle Bulk Shipping has a market capitalization of $369.58 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:  208 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  470
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 2/23/2019 by MarketBeat.com Staff

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