Eagle Bulk Shipping Inc. is engaged primarily in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes. The Company operates in the Handymax sector of the dry bulk industry, with particular emphasis on the Supramax class of vessels. The Company owns Supramax dry bulk vessel. Supramax dry bulk vessels range in size from 50,000 to 60,000 deadweight tons. These vessels have the cargo loading and unloading flexibility of on-board cranes while offering cargo carrying capacities approaching that of Panamax dry bulk vessels, which range in size from 60,000 to 100,000 deadweight tons and must rely on port facilities to load and offload their cargoes. On July 26, 2011 the Company sold its the Heron, a Supramax class of vessel.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Shipping
- Sub-Industry: N/A
- Symbol: NASDAQ:EGLE
- CUSIP: N/A
- Web: www.eagleships.com
Average Prices:- 50 Day Moving Avg: $4.49
- 200 Day Moving Avg: $5.04
- 52 Week Range: $4.06 - $12.45
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 216.00
- P/E Growth: -0.90
Profitability:- Net Margins: -100.90%
- Return on Equity: -11.66%
- Return on Assets: -7.25%
Debt:- Debt-to-Equity Ratio: 0.61%
- Current Ratio: 5.00%
- Quick Ratio: 4.44%
Misc:- Average Volume: 315,069 shs.
- Beta: 3.55
Frequently Asked Questions for Eagle Bulk Shipping (NASDAQ:EGLE)
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 earnings results on Monday, August, 8th. The company reported ($9.98) earnings per share for the quarter. The business had revenue of $25.60 million for the quarter, compared to analyst estimates of $22.70 million. Eagle Bulk Shipping had a negative return on equity of 11.66% and a negative net margin of 100.90%. View Eagle Bulk Shipping's Earnings History.
When will Eagle Bulk Shipping make its next earnings announcement?
Where is Eagle Bulk Shipping's stock going? Where will Eagle Bulk Shipping's stock price be in 2017?
1 equities research analysts have issued twelve-month price targets for Eagle Bulk Shipping's stock. Their predictions range from $7.00 to $7.00. On average, they anticipate Eagle Bulk Shipping's share price to reach $7.00 in the next twelve months. View Analyst Ratings for Eagle Bulk Shipping.
Who are some of Eagle Bulk Shipping's key competitors?
Some companies that are related to Eagle Bulk Shipping include International Seaways (INSW), Navigator Holdings (NVGS), Scorpio Bulkers (SALT), DHT Holdings (DHT), Nordic American Tankers Limited (NAT), Student Transportation (STB), CAI International (CAI), Dynagas LNG Partners LP (DLNG), Hennessy Capital Acquisition Corp. II (DSKE), Capital Product Partners L.P. (CPLP), Diana Shipping inc. (DSX), Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (GNK), Fly Leasing Limited (FLY), YRC Worldwide (YRCW), Echo Global Logistics (ECHO), Teekay Offshore Partners L.P. (TOO), Covenant Transportation Group (CVTI) and Tsakos Energy Navigation Ltd (TNP).
Who owns Eagle Bulk Shipping stock?
Eagle Bulk Shipping's stock is owned by many different of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (0.00%), Q Global Advisors LLC (0.00%), Vanguard Group Inc. (0.00%), Raynor Geoffrey (0.00%), State Street Corp (0.00%) and Northern Trust Corp (0.00%). Company insiders that own Eagle Bulk Shipping stock include Goldentree Asset Management Lp and Oaktree Capital Group Holdings. View Institutional Ownership Trends for Eagle Bulk Shipping.
Who sold Eagle Bulk Shipping stock? Who is selling Eagle Bulk Shipping stock?
Who bought Eagle Bulk Shipping stock? Who is buying Eagle Bulk Shipping stock?
Eagle Bulk Shipping's stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., State Street Corp, Northern Trust Corp, TIAA CREF Investment Management LLC, Bank of New York Mellon Corp, Teachers Advisors LLC, Dimensional Fund Advisors LP and California State Teachers Retirement System. 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 Eagle Bulk Shipping stock?
Shares of Eagle Bulk Shipping can be purchased through any online brokerage account. Popular online brokerages 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 Eagle Bulk Shipping stock can currently be purchased for approximately $4.32.
MarketBeat Community Rating for Eagle Bulk Shipping (NASDAQ EGLE)MarketBeat's community ratings are surveys of what our community members think about Eagle Bulk Shipping and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Eagle Bulk Shipping (NASDAQ:EGLE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $7.00 (62.04% upside) |
Analysts' Ratings History for Eagle Bulk Shipping (NASDAQ:EGLE)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 3/9/2017 | Seaport Global Securities | Reiterated Rating | Buy | $7.00 | Medium |  |
(Data available from 8/16/2015 forward)
Earnings History for Eagle Bulk Shipping (NASDAQ:EGLE)Earnings History by Quarter for Eagle Bulk Shipping (NASDAQ EGLE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/14/2017 | | | | | | | | |
| 5/8/2017 | Q1 2017 | ($0.22) | ($0.17) | $31.30 million | $45.86 million | View | Listen | |
| 11/8/2016 | Q316 | | ($0.52) | $29.10 million | $35.80 million | View | Listen | |
| 8/8/2016 | Q216 | | ($9.98) | $22.70 million | $25.60 million | View | Listen | |
| 11/16/2015 | Q3 | | ($0.54) | $29.80 million | $29.10 million | View | N/A | |
| 8/14/2015 | Q215 | | ($0.73) | | $22.70 million | View | N/A | |
| 8/7/2013 | Q2 2013 | ($1.83) | ($0.18) | $39.98 million | $44.20 million | View | Listen | |
| 5/15/2013 | Q1 2013 | ($2.10) | $0.08 | $38.27 million | $72.22 million | View | Listen | |
| 4/1/2013 | Q4 2012 | ($1.93) | ($1.92) | $42.79 million | $42.80 million | View | Listen | |
| 11/8/2012 | Q312 | ($1.79) | ($1.77) | $41.88 million | $46.90 million | View | N/A | |
| 8/8/2012 | | ($1.40) | ($1.46) | | | View | N/A | |
| 5/9/2012 | | ($0.32) | ($0.28) | | | View | N/A | |
| 11/7/2011 | | ($0.05) | ($0.09) | | | View | N/A | |
| 8/3/2011 | | ($0.03) | ($0.02) | | | View | N/A | |
| 5/9/2011 | | ($0.10) | ($0.09) | | | View | N/A | |
| 3/2/2011 | | $0.03 | $0.05 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Eagle Bulk Shipping (NASDAQ:EGLE)2017 EPS Consensus Estimate: ($0.59)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.17) | ($0.17) | ($0.17) |
| Q2 2017 | 1 | ($0.12) | ($0.12) | ($0.12) |
| Q3 2017 | 1 | ($0.13) | ($0.13) | ($0.13) |
| Q4 2017 | 1 | ($0.17) | ($0.17) | ($0.17) |
(Data provided by Zacks Investment Research)
Dividend History for Eagle Bulk Shipping (NASDAQ:EGLE)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Eagle Bulk Shipping (NASDAQ:EGLE)Insider Ownership Percentage: 0.42%
Institutional Ownership Percentage: 14.13%
Insider Trades by Quarter for Eagle Bulk Shipping (NASDAQ:EGLE)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 1/20/2017 | Oaktree Capital Group Holdings | Major Shareholder | Buy | 7,600,000 | $4.50 | $34,200,000.00 | |
| 8/10/2016 | Goldentree Asset Management Lp | Insider | Buy | 713,910 | $3.00 | $2,141,730.00 | |
| 7/9/2015 | Goldentree Asset Management Lp | Major Shareholder | Buy | 2,140 | $7.48 | $16,007.20 | |
| 4/6/2015 | Goldentree Asset Management Lp | Major Shareholder | Buy | 500,000 | $8.50 | $4,250,000.00 | |
| 4/2/2015 | Steven A Tananbaum | Major Shareholder | Buy | 28,162 | $7.84 | $220,790.08 | |
| 3/20/2015 | Goldentree Asset Management Lp | Major Shareholder | Buy | 250,000 | $9.00 | $2,250,000.00 | |
| 3/17/2015 | Goldentree Asset Management Lp | Major Shareholder | Buy | 110,550 | $9.20 | $1,017,060.00 | |
| 3/6/2015 | Goldentree Asset Management Lp | Major Shareholder | Buy | 35,622 | $9.43 | $335,915.46 | |
| 2/2/2015 | Goldentree Asset Management Lp | Major Shareholder | Buy | 565,000 | $9.66 | $5,457,900.00 | |
| 8/19/2013 | Sophocles Zoullas | CEO | Sell | 127,229 | $3.44 | $437,667.76 | |
(Data available from 1/1/2013 forward)
Headline Trends for Eagle Bulk Shipping (NASDAQ:EGLE)
Latest Headlines for Eagle Bulk Shipping (NASDAQ:EGLE)
| Source: |
|
| Date | Headline |
|---|
 | Dry Bulk Panel Discussion With Major Listed Company Executives
finance.yahoo.com - August 16 at 3:15 PM |
 | Eagle Bulk Shipping Inc. (EGLE) Expected to Announce Quarterly Sales of $38.14 Million
www.americanbankingnews.com - August 15 at 1:34 AM |
| Zacks: Brokerages Anticipate Eagle Bulk Shipping Inc. (EGLE) to Announce -$0.05 EPS
www.americanbankingnews.com - August 13 at 8:08 PM |
| Seaport Global Securities Comments on Eagle Bulk Shipping Inc.'s Q3 2017 Earnings (NASDAQ:EGLE)
www.americanbankingnews.com - August 11 at 9:34 AM |
 | Eagle Bulk Shipping Inc. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 8 at 11:00 PM |
| Edited Transcript of EGLE earnings conference call or presentation 8-Aug-17 12:30pm GMT
finance.yahoo.com - August 8 at 11:00 PM |
| Investor Network: Eagle Bulk Shipping Inc to Host Earnings Call
finance.yahoo.com - August 8 at 5:58 PM |
| Eagle Bulk Shipping, Inc. breached its 50 day moving average in a Bullish Manner : EGLE-US : August 8, 2017
finance.yahoo.com - August 8 at 5:58 PM |
| Eagle Bulk Shipping Inc. (EGLE) Posts Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - August 8 at 12:18 AM |
| Eagle Bulk Shipping Inc. (NASDAQ:EGLE) Upgraded to "Buy" at Zacks Investment Research
www.americanbankingnews.com - August 7 at 8:38 PM |
| Brokerages Set $7.00 Price Target for Eagle Bulk Shipping Inc. (EGLE)
www.americanbankingnews.com - August 6 at 10:18 PM |
| Eagle Bulk Shipping Inc. Takes Delivery of M/V Madison Eagle
finance.yahoo.com - August 4 at 6:27 PM |
| Eagle Bulk Shipping Inc. (NASDAQ:EGLE) to Release Earnings on Monday
www.americanbankingnews.com - July 31 at 7:55 AM |
| Eagle Bulk Shipping (EGLE) and Nordic American Offshore (NAO) Head-To-Head Analysis
www.americanbankingnews.com - July 30 at 10:06 PM |
| ETFs with exposure to Eagle Bulk Shipping, Inc. : July 24, 2017
finance.yahoo.com - July 24 at 6:00 PM |
 | Eagle Bulk Shipping Inc. to Issue Second Quarter 2017 Results and Hold Investor Conference Call
feeds.benzinga.com - July 21 at 5:32 PM |
| Eagle Bulk Shipping Inc. (EGLE) Receives Average Rating of "Strong Buy" from Analysts
www.americanbankingnews.com - July 21 at 2:22 PM |
| Eagle Bulk Shipping Inc. (EGLE) Short Interest Update
www.americanbankingnews.com - July 16 at 7:06 AM |
| ETFs with exposure to Eagle Bulk Shipping, Inc. : July 14, 2017
finance.yahoo.com - July 14 at 3:30 PM |
| Eagle Bulk Shipping, Inc. breached its 50 day moving average in a Bearish Manner : EGLE-US : July 7, 2017
finance.yahoo.com - July 8 at 10:24 AM |
 | Eagle Bulk Shipping Inc. Closes on New $61.2 Million Term Loan Facility - GlobeNewswire (press release)
globenewswire.com - July 7 at 3:06 AM |
| Analysts Expect Eagle Bulk Shipping Inc. (NASDAQ:EGLE) to Announce ($0.13) EPS
www.americanbankingnews.com - July 6 at 7:42 AM |
| Eagle Bulk Shipping Inc. Closes on New $61.2 Million Term Loan Facility
finance.yahoo.com - July 5 at 6:52 PM |
| $34.40 Million in Sales Expected for Eagle Bulk Shipping Inc. (EGLE) This Quarter
www.americanbankingnews.com - July 2 at 9:27 AM |
| -$0.13 EPS Expected for Eagle Bulk Shipping Inc. (EGLE) This Quarter
www.americanbankingnews.com - June 30 at 12:38 PM |
 | Eagle Bulk (EGLE) Looks Good: Stock Adds 8.9% in Session - Nasdaq
www.nasdaq.com - June 29 at 7:45 PM |
| Eagle Bulk Shipping Joins Russell 3000® Index
finance.yahoo.com - June 28 at 5:55 PM |
| Eagle Bulk Shipping, Inc. breached its 50 day moving average in a Bullish Manner : EGLE-US : June 27, 2017
finance.yahoo.com - June 27 at 5:12 PM |
| Eagle Bulk (EGLE) Looks Good: Stock Adds 8.9% in Session
finance.yahoo.com - June 27 at 5:12 PM |
| Maritime Investment Forum: Eagle Bulk Shipping video presentation - Seeking Alpha
seekingalpha.com - June 22 at 10:35 PM |
| Eagle Bulk Shipping to Present at Seeking Alpha Maritime Investment Forum - GlobeNewswire (press release)
globenewswire.com - June 22 at 5:29 PM |
| Eagle Bulk Shipping to Present at Seeking Alpha Maritime Investment Forum - Nasdaq
www.nasdaq.com - June 22 at 10:10 AM |
| Eagle Bulk Shipping (EGLE) Presents At The Maritime Investment Forum - Presentation
seekingalpha.com - June 21 at 6:26 PM |
| Eagle Bulk Shipping to Present at Seeking Alpha Maritime Investment Forum
finance.yahoo.com - June 21 at 6:26 PM |
| Analyzing Eagle Bulk Shipping (EGLE) & Matson (MATX)
www.americanbankingnews.com - June 19 at 10:30 PM |
| Eagle Bulk Shipping Inc. (EGLE) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 19 at 7:36 PM |
 | Eagle Bulk Shipping (EGLE) Announces Delivery of M/V Groton Eagle - StreetInsider.com
www.streetinsider.com - June 17 at 10:20 PM |
| Eagle Bulk Takes Delivery of M/V Groton Eagle - GlobeNewswire (press release)
globenewswire.com - June 17 at 3:50 AM |
| Eagle Bulk Shipping Inc. (EGLE) Downgraded by Zacks Investment Research
www.americanbankingnews.com - June 16 at 9:22 PM |
| Eagle Bulk Takes Delivery of M/V Groton Eagle
finance.yahoo.com - June 16 at 5:47 PM |
| Eagle Bulk Shipping to present at Seeking Alpha's Maritime Investment Forum
seekingalpha.com - June 15 at 6:58 PM |
| Eagle Bulk Shipping, Inc. :EGLE-US: Earnings Analysis: Q1, 2017 By the Numbers : June 15, 2017
finance.yahoo.com - June 15 at 6:58 PM |
| Eagle Bulk Shipping, Inc. – Value Analysis (NASDAQ:EGLE) : June 13, 2017
finance.yahoo.com - June 13 at 4:36 PM |
| Eagle Bulk Shipping, Inc. breached its 50 day moving average in a Bullish Manner : EGLE-US : June 12, 2017
finance.yahoo.com - June 12 at 5:48 PM |
| Eagle Bulk Shipping Inc (EGLE) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 9 at 10:48 PM |
| Eagle Bulk Shipping (EGLE) Takes Delivery of M/V Fairfield Eagle
www.streetinsider.com - June 9 at 5:23 PM |
| Eagle Bulk Shipping (EGLE) Takes Delivery of M/V Fairfield Eagle - StreetInsider.com
www.streetinsider.com - June 9 at 10:38 AM |
| Eagle Bulk Takes Delivery of M/V Fairfield Eagle
finance.yahoo.com - June 9 at 10:38 AM |
| Why Eagle Bulk Could Be Positioned for a Surge
www.benzinga.com - June 8 at 5:55 PM |
| Eagle Bulk Shipping Inc (EGLE) Expected to Announce Quarterly Sales of $34.40 Million
www.americanbankingnews.com - June 8 at 12:48 PM |
Eagle Bulk Shipping (EGLE) Chart for Wednesday, August, 16, 2017
