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

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

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) released its quarterly earnings data on Monday, July, 29th. The shipping company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by $0.01. The shipping company earned $48.48 million during the quarter, compared to the consensus estimate of $49.96 million. Eagle Bulk Shipping had a net margin of 1.03% and a return on equity of 0.27%. View Eagle Bulk Shipping's Earnings History.

Eagle Bulk Shipping is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Eagle Bulk Shipping.

5 Wall Street analysts have issued 1-year price targets for Eagle Bulk Shipping's stock. Their forecasts range from $5.00 to $8.50. On average, they anticipate Eagle Bulk Shipping's share price to reach $6.50 in the next year. This suggests a possible upside of 46.4% from the stock's current price. View Analyst Price Targets for 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.

Headlines about EGLE stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Eagle Bulk Shipping earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave media headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Eagle Bulk Shipping.

Eagle Bulk Shipping saw a increase in short interest in August. As of August 31st, there was short interest totalling 5,869,000 shares, an increase of 13.6% from the July 31st total of 5,164,500 shares. Based on an average trading volume of 510,600 shares, the days-to-cover ratio is currently 11.5 days. Approximately 7.9% of the company's stock are sold short. View Eagle Bulk Shipping's Current Options Chain.

Some companies that are related to Eagle Bulk Shipping include PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), Star Bulk Carriers (SBLK), DHT (DHT), COSTAMARE INC/SH (CMRE), Navigator (NVGS), Dorian LPG (LPG), Teekay (TK), Scorpio Bulkers (SALT), DryShips (DRYS), Genco Shipping & Trading (GNK), Diana Shipping (DSX), SEACOR Marine (SMHI), TSAKOS ENERGY N/SH (TNP) 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), DryShips (drys), Advanced Micro Devices (AMD), Microbot Medical (MBOT), Star Bulk Carriers (SBLK), Bank of America (BAC), Gevo (GEVO), Intel (INTC) and Chesapeake Energy (CHK).

Eagle Bulk Shipping's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Oaktree Capital Management LP (36.95%), BlackRock Inc. (4.54%), Vanguard Group Inc. (3.35%), Renaissance Technologies LLC (1.56%), Bank of America Corp DE (0.82%) and Northern Trust Corp (0.79%). 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 Invesco Ltd., Ancora Advisors LLC, Renaissance Technologies LLC, JPMorgan Chase & Co., Cubist Systematic Strategies LLC, Bank of New York Mellon Corp, Wells Fargo & Company MN and BNP Paribas Arbitrage SA. Company insiders that have sold Eagle Bulk Shipping company stock in the last year include Gary Vogel and Steven A Tananbaum. View Insider Buying and Selling for Eagle Bulk Shipping.

EGLE stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Oaktree Capital Management LP, Municipal Employees Retirement System of Michigan, Victory Capital Management Inc., Northern Trust Corp, D. E. Shaw & Co. Inc., Parametric Portfolio Associates LLC and Paloma Partners Management Co. 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 $4.44.

Eagle Bulk Shipping has a market capitalization of $324.83 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]