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 data on Tuesday, November, 6th. The shipping company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. The shipping company had revenue of $53.97 million for the quarter, compared to analyst estimates of $57.49 million. Eagle Bulk Shipping had a positive return on equity of 0.96% and a negative net margin of 3.52%. View Eagle Bulk Shipping's Earnings History.

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

6 analysts have issued twelve-month target prices for Eagle Bulk Shipping's shares. Their forecasts range from $5.00 to $8.50. On average, they anticipate Eagle Bulk Shipping's stock price to reach $6.80 in the next year. This suggests a possible upside of 34.4% from the stock's current price. View Analyst Price Targets for Eagle Bulk Shipping.

6 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Eagle Bulk Shipping.

News stories about EGLE stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Eagle Bulk Shipping earned a news sentiment score of 1.3 on InfoTrie's scale. They also gave news coverage about the shipping company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Some companies that are related to Eagle Bulk Shipping include Frontline (FRO), Scorpio Tankers (STNG), PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), COSTAMARE INC/SH (CMRE), DHT (DHT), Navigator (NVGS), Star Bulk Carriers (SBLK), DryShips (DRYS), Teekay (TK), Genco Shipping & Trading (GNK), Dorian LPG (LPG), Diana Shipping (DSX), Capital Product Partners (CPLP) and Scorpio Bulkers (SALT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Eagle Bulk Shipping investors own include DryShips (drys), Advanced Micro Devices (AMD), General Electric (GE), Microbot Medical (MBOT), Sprint (S), PAC BASIN SHIPP/ADR (PCFBY), Bank of America (BAC), Gevo (GEVO), Intel (INTC) and Nokia Oyj (NOK).

Eagle Bulk Shipping's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Oaktree Capital Management LP (35.75%), BlackRock Inc. (3.34%), Royce & Associates LP (2.43%), Dimensional Fund Advisors LP (2.15%), Benefit Street Partners LLC (1.20%) and Signia Capital Management LLC (1.05%). 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 Acadian Asset Management LLC, Two Sigma Investments LP, D. E. Shaw & Co. Inc., Oppenheimer & Co. Inc., Two Sigma Advisers LP, Macquarie Group Ltd. and Benefit Street Partners LLC. Company insiders that have sold Eagle Bulk Shipping company stock in the last year include Gary Vogel, Goldentree Asset Management Lp 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 Oaktree Capital Management LP, Royce & Associates LP, Dimensional Fund Advisors LP, Signia Capital Management LLC, Geode Capital Management LLC, BlackRock Inc., Northern Trust Corp 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 $5.06.

Eagle Bulk Shipping has a market capitalization of $369.58 million and generates $236.79 million in revenue each year. The shipping company earns $-43,790,000.00 in net income (profit) each year or ($0.42) on an earnings per share basis. Eagle Bulk Shipping employs 941 workers across the globe.

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]