Eagle Bulk Shipping Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eagle Bulk Shipping in the last year. There are currently 6 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Eagle Bulk Shipping wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Eagle Bulk Shipping is scheduled to release its next quarterly earnings announcement on Thursday, March 4th 2021.
View our earnings forecast for Eagle Bulk Shipping.

Eagle Bulk Shipping will be holding an earnings conference call on Thursday, 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.

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) announced its quarterly earnings data on Thursday, November, 12th. The shipping company reported ($1.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.76) by $0.33. The shipping company had revenue of $48.55 million for the quarter, compared to analysts' expectations of $47.55 million. Eagle Bulk Shipping had a negative trailing twelve-month return on equity of 9.71% and a negative net margin of 17.08%.
View Eagle Bulk Shipping's earnings history.

Eagle Bulk Shipping's stock was trading at $16.73 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, EGLE shares have increased by 75.4% and is now trading at $29.34.
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Eagle Bulk Shipping's stock reverse split before market open 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 closing bell 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.

6 brokers have issued 1-year price objectives for Eagle Bulk Shipping's stock. Their forecasts range from $21.00 to $30.00. On average, they anticipate Eagle Bulk Shipping's share price to reach $25.38 in the next twelve months. This suggests that the stock has a possible downside of 13.5%.
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 Costamare (CMRE), Pacific Basin Shipping (PCFBY), Danaos (DAC), SFL (SFL), Seacor (CKH), Scorpio Tankers (STNG), DHT (DHT), Dorian LPG (LPG), TORM (TRMD), Global Ship Lease (GSL), Navigator (NVGS), Genco Shipping & Trading (GNK), Teekay (TK), Safe Bulkers (SB) and Diana Shipping (DSX).
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."

Eagle Bulk Shipping's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (5.14%), Dimensional Fund Advisors LP (2.50%), Relyea Zuckerberg Hanson LLC (0.96%), Royce & Associates LP (0.74%), Northern Trust Corp (0.69%) and Victory Capital Management Inc. (0.53%). Company insiders that own Eagle Bulk Shipping stock include Gary Vogel, Goldentree Asset Management Lp, Oaktree Capital Group Holdings and Paul M Jr Leand.
View institutional ownership trends for Eagle Bulk Shipping.

EGLE stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Northern Trust Corp, Dimensional Fund Advisors LP, First Trust Advisors LP, and Ancora Advisors LLC.
View insider buying and selling activity for Eagle Bulk Shipping or view top insider-selling stocks.

EGLE stock was purchased by a variety of institutional investors in the last quarter, including Paloma Partners Management Co, Entrust Global Partners L L C, Tudor Investment Corp Et Al, BlackRock Inc., GSA Capital Partners LLP, JPMorgan Chase & Co., Skandinaviska Enskilda Banken AB publ , and Sippican Capital Advisors. Company insiders that have bought Eagle Bulk Shipping stock in the last two years include Gary Vogel, Goldentree Asset Management Lp, Oaktree Capital Group Holdings, and Paul M Jr Leand.
View insider buying and selling activity for Eagle Bulk Shipping or or view top insider-buying stocks.

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 $29.34.

Eagle Bulk Shipping has a market capitalization of $323.15 million and generates $292.38 million in revenue each year. The shipping company earns $-21,700,000.00 in net income (profit) each year or ($1.75) on an earnings per share basis.

Eagle Bulk Shipping employs 974 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]