Top-Rated Dividend Stocks NASDAQ:EGLE Eagle Bulk Shipping Stock Forecast, Price & News Adding Choose a watchlist: 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. $43.78 +1.25 (+2.94%) (As of 07/7/2022 01:04 PM ET) Add Compare Share Today's Range$43.60▼$45.2550-Day Range$42.53▼$76.4752-Week Range$36.18▼$78.75Volume6,448 shsAverage Volume460,439 shsMarket Capitalization$599.35 millionP/E Ratio3.06Dividend Yield17.45%Price Target$73.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Eagle Bulk Shipping MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside65.7% Upside$73.67 Price TargetShort InterestHealthy9.42% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-5.95Upright™ Environmental ScoreNews Sentiment0.15Based on 3 Articles This WeekInsider TradingSelling Shares$2.23 M Sold Last QuarterProj. Earnings Growth-15.30%From $18.17 to $15.39 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.36 out of 5 starsTransportation Sector22nd out of 176 stocksDeep Sea Foreign Transportation Of Freight Industry7th out of 45 stocks 3.5 Analyst's Opinion Consensus RatingEagle Bulk Shipping has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.67, Eagle Bulk Shipping has a forecasted upside of 65.7% from its current price of $44.46.Amount of Analyst CoverageEagle Bulk Shipping has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted9.42% of the outstanding shares of Eagle Bulk Shipping have been sold short.Short Interest Ratio / Days to CoverEagle Bulk Shipping has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Eagle Bulk Shipping has recently increased by 6.61%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipEagle Bulk Shipping is a leading dividend payer. It pays a dividend yield of 17.45%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEagle Bulk Shipping does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Eagle Bulk Shipping is 55.83%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Eagle Bulk Shipping will have a dividend payout ratio of 51.98% next year. This indicates that Eagle Bulk Shipping will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEagle Bulk Shipping has received a -21.84% net impact score from Upright. The largest negative impact of Eagle Bulk Shipping in category "GHG emissions" is driven by its "Heavy fuel oil ship freight transport services" product. See details.Environmental SustainabilityThe Environmental Impact score for Eagle Bulk Shipping is -5.95. Previous Next 1.7 News and Social Media Coverage News SentimentEagle Bulk Shipping has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Eagle Bulk Shipping this week, compared to 2 articles on an average week.Search InterestOnly 47 people have searched for EGLE on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.MarketBeat FollowsOnly 14 people have added Eagle Bulk Shipping to their MarketBeat watchlist in the last 30 days. This is a decrease of -39% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Eagle Bulk Shipping insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,227,875.00 in company stock.Percentage Held by InsidersOnly 2.20% of the stock of Eagle Bulk Shipping is held by insiders.Percentage Held by Institutions72.13% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Eagle Bulk Shipping are expected to decrease by -15.30% in the coming year, from $18.17 to $15.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eagle Bulk Shipping is 3.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 94.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Eagle Bulk Shipping is 3.10, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 10.04.Price to Book Value per Share RatioEagle Bulk Shipping has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive EGLE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Eagle Bulk Shipping and its competitors with MarketBeat's FREE daily newsletter. Email Address About Eagle Bulk Shipping (NASDAQ:EGLE) StockEagle Bulk Shipping Inc. engages in the ocean transportation of dry bulk cargoes worldwide. The company owns, charters, and operates dry bulk vessels that transport a range of bulk cargoes, including iron ore, coal, grains, fertilizers, steel products, petcoke, cement, and forest products. It serves miners, producers, traders, and end users. As of December 31, 2021, the company owned and operated a fleet of 53 vessels. Eagle Bulk Shipping Inc. was incorporated in 2005 and is headquartered in Stamford, Connecticut.Read More EGLE Stock News HeadlinesJuly 7, 2022 | americanbankingnews.comEagle Bulk Shipping Inc. (NASDAQ:EGLE) Receives Average Rating of "Buy" from BrokeragesJuly 6, 2022 | finance.yahoo.comIs Eagle Bulk Shipping (EGLE) Outperforming Other Transportation Stocks This Year?June 28, 2022 | finance.yahoo.comEagle Bulk Shipping (EGLE) Stock Moves -0.66%: What You Should KnowJune 27, 2022 | finance.yahoo.comIs Eagle Bulk Shipping (EGLE) Stock Undervalued Right Now?June 24, 2022 | americanbankingnews.comEagle Bulk Shipping (NASDAQ:EGLE) Stock Price Down 6.9%June 23, 2022 | finance.yahoo.comAfter Plunging 25.3% in 4 Weeks, Here's Why the Trend Might Reverse for Eagle Bulk Shipping (EGLE)June 21, 2022 | finance.yahoo.comBest Value Stocks to Buy for June 21stJune 20, 2022 | finance.yahoo.comHas Eagle Bulk Shipping (EGLE) Outpaced Other Transportation Stocks This Year?June 18, 2022 | americanbankingnews.comEagle Bulk Shipping's (EGLE) Buy Rating Reaffirmed at Clarkson CapitalJune 17, 2022 | finance.yahoo.comBest Value Stocks to Buy for June 17thJune 17, 2022 | americanbankingnews.comEagle Bulk Shipping (NASDAQ:EGLE) Rating Reiterated by Clarkson CapitalJune 15, 2022 | americanbankingnews.comEagle Bulk Shipping (NASDAQ:EGLE) Upgraded to "Buy" at StockNews.comJune 11, 2022 | stocknews.comNavigating Rough Market Conditions with These 5 Outperforming Shipping StocksJune 8, 2022 | msn.comWhy Dry Bulk Shipping Stocks Keep FallingJune 8, 2022 | finance.yahoo.comZacks Investment Ideas feature highlights: Bulk ShippingJune 7, 2022 | finance.yahoo.comThe Wind's at Your Back with This Shipping SweetheartMay 30, 2022 | finance.yahoo.comInvestors Should Be Encouraged By Eagle Bulk Shipping's (NASDAQ:EGLE) Returns On CapitalMay 27, 2022 | nasdaq.comAre You Looking for a Top Momentum Pick? Why Eagle Bulk Shipping (EGLE) is a Great ChoiceMay 24, 2022 | finance.yahoo.comEarnings Estimates Moving Higher for Eagle Bulk Shipping (EGLE): Time to Buy?May 19, 2022 | finance.yahoo.comSmart choice: US $100 million investment in SCRUBBER TECHNOLOGY paid off in 3 years with fuel savings benefits to Eagle Bulk ShippingMay 17, 2022 | finance.yahoo.comThe Zacks Analyst Blog Highlights Grindrod Shipping, Star Bulk Carriers, and Eagle Bulk ShippingMay 16, 2022 | nasdaq.comAre Transportation Stocks Lagging Eagle Bulk Shipping (EGLE) This Year?May 12, 2022 | seekingalpha.comEagle Bulk Shipping goes ex-dividend tomorrowMay 10, 2022 | finance.yahoo.comRecent 5.9% pullback isn't enough to hurt long-term Eagle Bulk Shipping (NASDAQ:EGLE) shareholders, they're still up 82% over 5 yearsMay 9, 2022 | finance.yahoo.comAre Investors Undervaluing Eagle Bulk Shipping (EGLE) Right Now?See More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNASDAQ:EGLE CUSIPN/A CIK1322439 Webwww.eagleships.com Phone(203) 276-8100Fax203-276-8199Employees1,000Year FoundedN/ACompany Calendar Last Earnings5/05/2022Ex-Dividend for 5/25 Dividend5/13/2022Dividend Payable5/25/2022Today7/07/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$73.67 High Stock Price Forecast$90.00 Low Stock Price Forecast$64.00 Forecasted Upside/Downside+68.3%Consensus RatingBuy Rating Score (0-4)3 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$14.33 Trailing P/E Ratio3.06 Forward P/E Ratio2.41 P/E GrowthN/ANet Income$184.90 million Net Margins33.43% Pretax Margin33.43% Return on Equity40.41% Return on Assets22.22% Debt Debt-to-Equity Ratio0.48 Current Ratio1.37 Quick Ratio1.16 Sales & Book Value Annual Sales$594.54 million Price / Sales1.01 Cash Flow$18.79 per share Price / Cash Flow2.33 Book Value$49.39 per share Price / Book0.89Miscellaneous Outstanding Shares13,690,000Free Float13,392,000Market Cap$599.35 million OptionableOptionable Beta1.40 Eagle Bulk Shipping Frequently Asked Questions Should I buy or sell Eagle Bulk Shipping stock right now? 5 Wall Street 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 research analysts is that investors should "buy" Eagle Bulk Shipping stock. View analyst ratings for Eagle Bulk Shipping or view top-rated stocks. What is Eagle Bulk Shipping's stock price forecast for 2022? 5 brokers have issued 1 year price objectives for Eagle Bulk Shipping's shares. Their EGLE stock forecasts range from $64.00 to $90.00. On average, they expect Eagle Bulk Shipping's share price to reach $73.67 in the next twelve months. This suggests a possible upside of 68.0% from the stock's current price. View analysts' price targets for Eagle Bulk Shipping or view top-rated stocks among Wall Street analysts. How has Eagle Bulk Shipping's stock price performed in 2022? Eagle Bulk Shipping's stock was trading at $45.50 at the beginning of the year. Since then, EGLE stock has decreased by 3.6% and is now trading at $43.85. View the best growth stocks for 2022 here. When is Eagle Bulk Shipping's next earnings date? Eagle Bulk Shipping is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. 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 earnings results on Thursday, May, 5th. The shipping company reported $3.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.96 by $0.01. The shipping company had revenue of $140.77 million for the quarter, compared to analyst estimates of $134.93 million. Eagle Bulk Shipping had a trailing twelve-month return on equity of 40.41% and a net margin of 33.43%. During the same quarter last year, the firm posted $0.84 EPS. View Eagle Bulk Shipping's earnings history. How often does Eagle Bulk Shipping pay dividends? What is the dividend yield for Eagle Bulk Shipping? Eagle Bulk Shipping announced a quarterly dividend on Thursday, May 5th. Investors of record on Monday, May 16th will be paid a dividend of $2.00 per share on Wednesday, May 25th. This represents a $8.00 annualized dividend and a dividend yield of 18.24%. The ex-dividend date is Friday, May 13th. View Eagle Bulk Shipping's dividend history. Is Eagle Bulk Shipping a good dividend stock? Eagle Bulk Shipping(NASDAQ:EGLE) pays an annual dividend of $8.00 per share and currently has a dividend yield of 17.45%. EGLE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Eagle Bulk Shipping is 55.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Eagle Bulk Shipping will have a dividend payout ratio of 51.98% next year. This indicates that Eagle Bulk Shipping will be able to sustain or increase its dividend. View Eagle Bulk Shipping's dividend 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 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. Who are Eagle Bulk Shipping's key executives? Eagle Bulk Shipping's management team includes the following people: Mr. Gary S. Vogel, CEO & Director (Age 56, Pay $1.8M) (LinkedIn Profile)Mr. Frank C. De Costanzo, CFO & Sec. (Age 59, Pay $759.42k)Mr. Michael J. Mitchell, Gen. CounselJonathan Dowsett, Head of Performance Management & OptimizationMr. Bo Westergaard, Chief Commercial Officer (Age 54)Mr. Costa Tsoutsoplides, Chief Strategy Officer What is Gary Vogel's approval rating as Eagle Bulk Shipping's CEO? 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. Who are some of Eagle Bulk Shipping's key competitors? Some companies that are related to Eagle Bulk Shipping include Euronav (EURN), Star Bulk Carriers (SBLK), Pacific Basin Shipping (PCFBY), Scorpio Tankers (STNG), Frontline (FRO), Costamare (CMRE), SFL (SFL), Danaos (DAC), DHT (DHT), Navigator (NVGS), Genco Shipping & Trading (GNK), Navios Maritime Partners (NMM), Dorian LPG (LPG), Global Ship Lease (GSL) and Diana Shipping (DSX). View all of EGLE's 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 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). What is Eagle Bulk Shipping's stock symbol? Eagle Bulk Shipping trades on the NASDAQ under the ticker symbol "EGLE." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Eagle Bulk Shipping's stock price today? One share of EGLE stock can currently be purchased for approximately $43.85. How much money does Eagle Bulk Shipping make? Eagle Bulk Shipping (NASDAQ:EGLE) has a market capitalization of $600.31 million and generates $594.54 million in revenue each year. The shipping company earns $184.90 million in net income (profit) each year or $14.33 on an earnings per share basis. How many employees does Eagle Bulk Shipping have? Eagle Bulk Shipping employs 1,000 workers across the globe. How can I contact Eagle Bulk Shipping? Eagle Bulk Shipping's mailing address is 300 First Stamford Place 5th Floor, Stamford CT, 06902. The official website for Eagle Bulk Shipping is www.eagleships.com. The shipping company can be reached via phone at (203) 276-8100, via email at investor@eagleships.com, or via fax at 203-276-8199. 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