About Eagle Bulk Shipping (NASDAQ:EGLE)
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: $4.66
- 200 Day Moving Avg: $4.69
- 52 Week Range: $4.06 - $11.16
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -29.19
- P/E Growth: -0.79
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: 248,722 shs.
- Beta: 3.45
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 quarterly earnings results on Monday, August, 8th. The company reported ($9.98) earnings per share for the quarter. The firm earned $25.60 million during the quarter, compared to analysts' expectations of $22.70 million. Eagle Bulk Shipping had a negative net margin of 100.90% and a negative return on equity of 11.66%. 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?
2 analysts have issued 12-month price objectives for Eagle Bulk Shipping's shares. Their forecasts range from $5.00 to $7.00. On average, they expect Eagle Bulk Shipping's stock price to reach $6.00 in the next year. View Analyst Ratings for Eagle Bulk Shipping.
What are 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. " (9/13/2017)
- 2. Maxim Group analysts commented, "We are raising 2H17 estimates for EGLE based on what we predict could be a stronger rate environment for the handymax segment." (8/30/2017)
Who are some of Eagle Bulk Shipping's key competitors?
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 $4.67.
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 Hold Rating, 1 Buy Rating |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $6.00 (28.48% upside) |
Consensus Price Target History for Eagle Bulk Shipping (NASDAQ:EGLE)
Analysts' Ratings History for Eagle Bulk Shipping (NASDAQ:EGLE)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/30/2017 | Maxim Group | Set Price Target | Hold | $5.00 | High |  |
| 3/9/2017 | Seaport Global Securities | Reiterated Rating | Buy | $7.00 | Medium | |
(Data available from 10/23/2015 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 |
|---|
| 11/2/2017 | | ($0.09) | | | | | N/A | |
| 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: 17.75%
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)
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Eagle Bulk Shipping (EGLE) Chart for Monday, October, 23, 2017
