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

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

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) posted its quarterly earnings results on Monday, July, 29th. The shipping company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by $0.01. The shipping company had revenue of $48.48 million for the quarter, compared to the consensus estimate 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.

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

4 equities research analysts have issued 12 month target prices for Eagle Bulk Shipping's stock. Their forecasts range from $5.00 to $8.50. On average, they anticipate Eagle Bulk Shipping's stock price to reach $6.7250 in the next year. This suggests a possible upside of 47.8% from the stock's current price. View Analyst Price Targets 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.

News headlines about EGLE stock have trended positive recently, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Eagle Bulk Shipping earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave news stories about the shipping company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for 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 trading volume, of 491,300 shares, the days-to-cover ratio is presently 10.5 days. Approximately 7.7% of the company's shares are short sold. View Eagle Bulk Shipping's Current Options Chain.

Some companies that are related to Eagle Bulk Shipping include Frontline (FRO), PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), Seacor (CKH), DHT (DHT), COSTAMARE INC/SH (CMRE), Dorian LPG (LPG), Navigator (NVGS), Scorpio Bulkers (SALT), Teekay (TK), Genco Shipping & Trading (GNK), DryShips (DRYS), Diana Shipping (DSX), TSAKOS ENERGY N/SH (TNP) and SEACOR Marine (SMHI).

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).

Eagle Bulk Shipping's stock is owned by a number of of retail and institutional 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 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 bought 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.

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.

One share of EGLE stock can currently be purchased for approximately $4.55.

Eagle Bulk Shipping has a market capitalization of $332.88 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]