Eagle Bulk Shipping Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eagle Bulk Shipping in the last year. 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.

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 drop in short interest during the month of July. As of July 15th, there was short interest totaling 912,100 shares, a drop of 19.3% from the June 30th total of 1,130,000 shares. Based on an average trading volume of 247,200 shares, the short-interest 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) released its quarterly earnings results on Thursday, May, 6th. The shipping company reported $0.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.12. The shipping company earned $69.96 million during the quarter, compared to the consensus estimate of $77.45 million. Eagle Bulk Shipping had a negative trailing twelve-month return on equity of 4.68% and a negative net margin of 7.29%.
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 shares have increased by 156.5% and is now trading at $42.91.
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Shares of Eagle Bulk Shipping 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.

5 Wall Street analysts have issued 12-month price objectives for Eagle Bulk Shipping's shares. 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 year. This suggests a possible upside of 7.8% from the stock's current price.
View analysts' price targets for Eagle Bulk Shipping or view top-rated stocks among Wall Street analysts.

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), Pacific Basin Shipping (PCFBY), 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), Navigator (NVGS), Dorian LPG (LPG) and Navios Maritime Partners (NMM).
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."

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 $42.91.

Eagle Bulk Shipping has a market capitalization of $538.65 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]