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

$4.46
-0.06 (-1.33 %)
(As of 08/20/2019 10:49 AM ET)
Today's Range
$4.41
Now: $4.46
$4.47
50-Day Range
$3.96
MA: $4.89
$5.68
52-Week Range
$3.85
Now: $4.46
$5.98
Volume3,355 shs
Average Volume1.01 million shs
Market Capitalization$326.29 million
P/E Ratio24.56
Dividend YieldN/A
Beta1.17
Eagle Bulk Shipping, Inc is a holding company, which engages in the ocean transportation of a broad range of dry bulk cargoes worldwide through the ownership, charter, and operation of dry bulk vessels. It operates Supramax and Handymax vessels that transport minor and major bulk cargoes, including iron ore, coal, grain, cement, and fertilizer. The company was founded by Sophocles N. Read More…

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:EGLE
CUSIPN/A
Phone203-276-8100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$310.09 million
Cash Flow$0.7348 per share
Book Value$6.57 per share

Profitability

Net Income$12.57 million

Miscellaneous

EmployeesN/A
Market Cap$326.29 million
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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Eagle Bulk Shipping (NASDAQ:EGLE) Frequently Asked Questions

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) issued its earnings results on Monday, July, 29th. The shipping company reported ($0.08) earnings per share 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 analyst estimates of $49.96 million. Eagle Bulk Shipping had a return on equity of 0.27% and a net margin of 1.03%. View Eagle Bulk Shipping's Earnings History.

When is Eagle Bulk Shipping's next earnings date?

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

What price target have analysts set for EGLE?

4 brokers have issued 1 year target prices for Eagle Bulk Shipping's shares. Their forecasts range from $5.00 to $8.50. On average, they expect Eagle Bulk Shipping's stock price to reach $6.7250 in the next twelve months. This suggests a possible upside of 50.8% from the stock's current price. View Analyst Price Targets for Eagle Bulk Shipping.

What is the consensus analysts' recommendation for Eagle Bulk Shipping?

4 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Eagle Bulk Shipping.

What are Wall Street analysts saying about Eagle Bulk Shipping stock?

Here are some recent quotes from research analysts about Eagle Bulk Shipping stock:
  • 1. According to Zacks Investment Research, "Eagle Bulk Shipping is the largest U.S. based owner of Handymax dry bulk vessels. Handymax dry bulk vessels range in size from 35,000 to 60,000 deadweight tons, or dwt, and transport a broad range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes. " (7/30/2019)
  • 2. Maxim Group analysts commented, "Eagle Bulk (EGLE) announced a continuation of its fleet renewal program, selling two vintage Supramax vessels and purchasing a modern Ultramax vessel to bring pro forma fleet to 46 vessels." (1/23/2019)

Has Eagle Bulk Shipping been receiving favorable news coverage?

News articles about EGLE stock have been trending positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Eagle Bulk Shipping earned a daily sentiment score of 2.5 on InfoTrie's scale. They also gave media stories about the shipping company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for Eagle Bulk Shipping.

Are investors shorting Eagle Bulk Shipping?

Eagle Bulk Shipping saw a increase in short interest in July. As of July 31st, there was short interest totalling 5,164,500 shares, an increase of 85.1% from the June 30th total of 2,789,800 shares. Based on an average daily volume of 491,300 shares, the short-interest ratio is presently 10.5 days. Currently, 7.7% of the shares of the company are short sold. View Eagle Bulk Shipping's Current Options Chain.

Who are some of Eagle Bulk Shipping's key 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 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 Micron Technology (MU).

Who are Eagle Bulk Shipping's key executives?

Eagle Bulk Shipping's management team includes the folowing people:
  • Gary Scott Vogel, Chief Executive Officer & Director
  • Frank C. de Costanzo, Chief Financial Officer & Secretary
  • Archibald Morgan, Vice President & Head-Technical Management
  • Costa Tsoutsoplides, Director-Strategy & Business Development
  • Michael J. Mitchell, General Counsel

Who are Eagle Bulk Shipping's major shareholders?

Eagle Bulk Shipping's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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 and Steven A Tananbaum. View Institutional Ownership Trends for Eagle Bulk Shipping.

Which major investors are selling Eagle Bulk Shipping stock?

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.

Which major investors are buying Eagle Bulk Shipping stock?

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 and Oaktree Capital Group Holdings. View Insider Buying and Selling for Eagle Bulk Shipping.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Eagle Bulk Shipping's stock price today?

One share of EGLE stock can currently be purchased for approximately $4.46.

How big of a company is Eagle Bulk Shipping?

Eagle Bulk Shipping has a market capitalization of $326.29 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.

What is Eagle Bulk Shipping's official website?

The official website for Eagle Bulk Shipping is http://www.eagleships.com/.

How can I contact Eagle Bulk Shipping?

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]


MarketBeat Community Rating for Eagle Bulk Shipping (NASDAQ EGLE)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  245 (Vote Outperform)
Underperform Votes:  298 (Vote Underperform)
Total Votes:  543
MarketBeat's community ratings are surveys of what our community members think about Eagle Bulk Shipping and other stocks. Vote "Outperform" if you believe EGLE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EGLE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2019 by MarketBeat.com Staff

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