S&P 500   3,958.40 (+1.46%)
DOW   31,831.32 (+1.82%)
QQQ   290.75 (+0.72%)
AAPL   141.78 (+3.05%)
MSFT   259.33 (+2.68%)
FB   193.78 (+0.12%)
GOOGL   2,215.55 (+1.72%)
AMZN   2,099.94 (-2.41%)
TSLA   662.10 (-0.27%)
NVDA   165.58 (-0.81%)
BABA   86.34 (-0.52%)
NIO   15.60 (-5.11%)
AMD   93.55 (+0.05%)
CGC   5.16 (-6.52%)
MU   68.84 (-0.09%)
T   20.74 (+1.67%)
GE   75.37 (+0.16%)
F   12.73 (+1.84%)
DIS   104.44 (+1.97%)
AMC   11.61 (-3.49%)
PFE   52.91 (+0.84%)
PYPL   80.64 (+0.12%)
NFLX   184.24 (-1.13%)
S&P 500   3,958.40 (+1.46%)
DOW   31,831.32 (+1.82%)
QQQ   290.75 (+0.72%)
AAPL   141.78 (+3.05%)
MSFT   259.33 (+2.68%)
FB   193.78 (+0.12%)
GOOGL   2,215.55 (+1.72%)
AMZN   2,099.94 (-2.41%)
TSLA   662.10 (-0.27%)
NVDA   165.58 (-0.81%)
BABA   86.34 (-0.52%)
NIO   15.60 (-5.11%)
AMD   93.55 (+0.05%)
CGC   5.16 (-6.52%)
MU   68.84 (-0.09%)
T   20.74 (+1.67%)
GE   75.37 (+0.16%)
F   12.73 (+1.84%)
DIS   104.44 (+1.97%)
AMC   11.61 (-3.49%)
PFE   52.91 (+0.84%)
PYPL   80.64 (+0.12%)
NFLX   184.24 (-1.13%)
S&P 500   3,958.40 (+1.46%)
DOW   31,831.32 (+1.82%)
QQQ   290.75 (+0.72%)
AAPL   141.78 (+3.05%)
MSFT   259.33 (+2.68%)
FB   193.78 (+0.12%)
GOOGL   2,215.55 (+1.72%)
AMZN   2,099.94 (-2.41%)
TSLA   662.10 (-0.27%)
NVDA   165.58 (-0.81%)
BABA   86.34 (-0.52%)
NIO   15.60 (-5.11%)
AMD   93.55 (+0.05%)
CGC   5.16 (-6.52%)
MU   68.84 (-0.09%)
T   20.74 (+1.67%)
GE   75.37 (+0.16%)
F   12.73 (+1.84%)
DIS   104.44 (+1.97%)
AMC   11.61 (-3.49%)
PFE   52.91 (+0.84%)
PYPL   80.64 (+0.12%)
NFLX   184.24 (-1.13%)
S&P 500   3,958.40 (+1.46%)
DOW   31,831.32 (+1.82%)
QQQ   290.75 (+0.72%)
AAPL   141.78 (+3.05%)
MSFT   259.33 (+2.68%)
FB   193.78 (+0.12%)
GOOGL   2,215.55 (+1.72%)
AMZN   2,099.94 (-2.41%)
TSLA   662.10 (-0.27%)
NVDA   165.58 (-0.81%)
BABA   86.34 (-0.52%)
NIO   15.60 (-5.11%)
AMD   93.55 (+0.05%)
CGC   5.16 (-6.52%)
MU   68.84 (-0.09%)
T   20.74 (+1.67%)
GE   75.37 (+0.16%)
F   12.73 (+1.84%)
DIS   104.44 (+1.97%)
AMC   11.61 (-3.49%)
PFE   52.91 (+0.84%)
PYPL   80.64 (+0.12%)
NFLX   184.24 (-1.13%)
NASDAQ:NETI

Eneti (NETI) Stock Forecast, Price & News

$6.68
+0.07 (+1.06%)
(As of 05/23/2022 01:21 PM ET)
Add
Compare
Today's Range
$6.58
$6.91
50-Day Range
$5.63
$6.82
52-Week Range
$4.81
$21.60
Volume
14,110 shs
Average Volume
339,553 shs
Market Capitalization
$265.47 million
P/E Ratio
27.83
Dividend Yield
0.61%
Beta
1.17
30 days | 90 days | 365 days | Advanced Chart
Receive NETI News and Ratings via Email

Sign-up to receive the latest news and ratings for Eneti and its competitors with MarketBeat's FREE daily newsletter.

Eneti logo

About Eneti

Eneti Inc. engages in the offshore wind and marine-based renewable energy businesses. It owns and operates five wind turbine installation vessels. The company was formerly known as Scorpio Bulkers Inc. and changed its name to Eneti Inc. in February 2021. Eneti Inc. was incorporated in 2013 and is based in Monaco.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Current Symbol
NASDAQ:NETI
Fax
N/A
Employees
7
Year Founded
N/A

Sales & Book Value

Annual Sales
$139.23 million
Cash Flow
$0.65 per share
Book Value
$15.74 per share

Profitability

Net Income
$20.23 million
Pretax Margin
14.28%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$265.47 million
Optionable
Not Optionable

Company Calendar

Last Earnings
2/23/2022
Ex-Dividend for 3/15 Dividend
3/04/2022
Dividend Payable
3/15/2022
Ex-Dividend for 6/15 Dividend
5/20/2022
Today
5/23/2022
Dividend Payable
6/15/2022
Next Earnings (Estimated)
8/16/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.39 out of 5 stars

Transportation Sector

50th out of 168 stocks

Deep Sea Foreign Transportation Of Freight Industry

12th out of 45 stocks

Analyst Opinion: 3.5Community Rank: 4.3Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -













Eneti (NASDAQ:NETI) Frequently Asked Questions

Is Eneti a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Eneti in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Eneti stock.
View analyst ratings for Eneti
or view top-rated stocks.

When is Eneti's next earnings date?

Eneti is scheduled to release its next quarterly earnings announcement on Tuesday, August 16th 2022.
View our earnings forecast for Eneti
.

How were Eneti's earnings last quarter?

Eneti Inc. (NASDAQ:NETI) issued its quarterly earnings data on Wednesday, February, 23rd. The company reported ($0.94) EPS for the quarter, missing the consensus estimate of ($0.49) by $0.45. The company had revenue of $16.52 million for the quarter, compared to the consensus estimate of $19.22 million. Eneti had a negative trailing twelve-month return on equity of 7.53% and a negative net margin of 10.80%. During the same period last year, the company earned ($0.36) EPS.
View Eneti's earnings history
.

How often does Eneti pay dividends? What is the dividend yield for Eneti?

Eneti announced a quarterly dividend on Friday, May 13th. Investors of record on Monday, May 23rd will be given a dividend of $0.01 per share on Wednesday, June 15th. This represents a $0.04 annualized dividend and a yield of 0.60%. The ex-dividend date of this dividend is Friday, May 20th.
View Eneti's dividend history
.

Is Eneti a good dividend stock?

Eneti pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.61%. The dividend payout ratio of Eneti is 16.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Eneti will have a dividend payout ratio of 12.90% next year. This indicates that Eneti will be able to sustain or increase its dividend.
View Eneti's dividend history.

What price target have analysts set for NETI?

6 Wall Street analysts have issued twelve-month price objectives for Eneti's stock. Their forecasts range from $10.00 to $25.00. On average, they expect Eneti's share price to reach $14.80 in the next twelve months. This suggests a possible upside of 121.6% from the stock's current price.
View analysts' price targets for Eneti
or view top-rated stocks among Wall Street analysts.

Who are Eneti's key executives?
Eneti's management team includes the following people:
  • Mr. Emanuele A. Lauro, Co-Founder, Chairman & CEO (Age 43)
  • Mr. Robert L. Bugbee, Co-Founder, Pres & Director (Age 62)
  • Mr. Hugh Baker, Chief Financial Officer (Age 54)
  • Mr. Cameron Mackey, Chief Operating Officer (Age 54)
  • Mr. David Rodney Morant, Managing Director
  • Tim Sanger, Managing Director
  • Ms. Monica Pahwa, Sec. (Age 52)
  • James Doyle, Sr. Financial & Research Analyst
What is Eneti's stock symbol?

Eneti trades on the NASDAQ under the ticker symbol "NETI."

Who are Eneti's major shareholders?

Eneti's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include DNB Asset Management AS (9.05%), Renaissance Technologies LLC (1.17%), Fuller & Thaler Asset Management Inc. (1.02%), Dimensional Fund Advisors LP (0.81%), SIR Capital Management L.P. (0.71%) and Goldman Sachs Group Inc. (0.41%).

Which institutional investors are selling Eneti stock?

NETI stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Citigroup Inc., Sei Investments Co., Hsbc Holdings PLC, Hood River Capital Management LLC, Jeereddi Investments LP, Dimensional Fund Advisors LP, and Quantbot Technologies LP.

Which institutional investors are buying Eneti stock?

NETI stock was bought by a variety of institutional investors in the last quarter, including Fuller & Thaler Asset Management Inc., Renaissance Technologies LLC, DNB Asset Management AS, Raymond James & Associates, Simplex Trading LLC, Premier Fund Managers Ltd, Walleye Capital LLC, and Jane Street Group LLC.

How do I buy shares of Eneti?

Shares of NETI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Eneti's stock price today?

One share of NETI stock can currently be purchased for approximately $6.68.

How much money does Eneti make?

Eneti has a market capitalization of $265.47 million and generates $139.23 million in revenue each year. The company earns $20.23 million in net income (profit) each year or $0.24 on an earnings per share basis.

How many employees does Eneti have?

Eneti employs 7 workers across the globe.

What is Eneti's official website?

The official website for Eneti is www.eneti-inc.com.

How can I contact Eneti?

Eneti's mailing address is 9 BOULEVARD CHARLES III, Monaco O9, 98000. The company can be reached via phone at (779) 798-5715.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.