About Baltic Trading (NYSE:BALT)
Baltic Trading Limited is a shipping business focused on the drybulk industry spot market. The Company's fleet consists of four Capesize vessels, two Ultramax vessels, four Supramax vessels and five Handysize vessels with an aggregate carrying capacity of approximately 1,221,000 deadweight tons. Its fleet contains six groups of sister ships, which are vessels of virtually identical sizes and specifications. It operates a fleet of drybulk ships that transport iron ore, coal, grain, steel products and other drybulk cargoes along shipping routes around the world. It operates its vessels on spot market-related time charters, short-term time charters or in vessel pools trading in the spot market. Genco Shipping & Trading Limited (Genco) serves as the Company's manager. Genco provides it with commercial and strategic management of its fleet.
Industry, Sector and Symbol
Industry Deep Sea Freight
Trailing P/E Ratio-1.36842105263158
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on Equity-49.39%
Return on Assets-30.66%
Baltic Trading (NYSE:BALT) Frequently Asked Questions
What is Baltic Trading's stock symbol?
Baltic Trading trades on the New York Stock Exchange (NYSE) under the ticker symbol "BALT."
How were Baltic Trading's earnings last quarter?
Baltic Trading Ltd (NYSE:BALT) released its quarterly earnings results on Monday, March, 2nd. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.08) by $0.02. The business had revenue of $11.70 million for the quarter, compared to analysts' expectations of $13.87 million. Baltic Trading had a negative return on equity of 49.39% and a negative net margin of 613.08%. The business's revenue for the quarter was down 19.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.01 earnings per share. View Baltic Trading's Earnings History.
Who are some of Baltic Trading's key competitors?
Some companies that are related to Baltic Trading include PRGX Global (PRGX), Dialight (DIA), Key Technology (KTEC), Manitex International (MNTX), RM (RM), CDI (CDI), BG Staffing (BGSF), Collectors Universe (CLCT), Roadrunner Transportation Systems (RRTS), Hydrogenics (HYGS), Hornbeck Offshore Services (HOS), Performant Financial (PFMT), Communisis (CMS), Intevac (IVAC), PMFG (PMFG), Luceco (LUCE), Judges Scientific (JDG) and Ampco-Pittsburgh (AP).
How do I buy Baltic Trading stock?
Shares of Baltic Trading 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 Baltic Trading's stock price today?
One share of Baltic Trading stock can currently be purchased for approximately $1.56.
How big of a company is Baltic Trading?
Baltic Trading has a market capitalization of $87.92 million.
How can I contact Baltic Trading?
Baltic Trading's mailing address is 299 Park Ave Fl 12, NEW YORK, NY 10171-0002, United States. The company can be reached via phone at +1-646-4438550.
MarketBeat Community Rating for Baltic Trading (BALT)MarketBeat's community ratings are surveys of what our community members think about Baltic Trading 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.
Baltic Trading (NYSE:BALT) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Baltic Trading (NYSE:BALT) Earnings History and Estimates Chart
Baltic Trading (NYSE BALT) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/4/2015||Q1 2015||($0.19)||($0.21)||$8.86 million||$6.91 million||View||N/A|
|3/2/2015||Q4||($0.08)||($0.10)||$13.87 million||$11.70 million||View||Listen|
|11/5/2014||Q314||($0.09)||($0.10)||$13.76 million||$10.10 million||View||Listen|
|7/30/2014||Q214||($0.09)||($0.10)||$6.40 million||$10.70 million||View||Listen|
|5/7/2014||Q114||($0.02)||($0.06)||$6.00 million||$13.10 million||View||Listen|
|2/26/2014||Q413||($0.01)||$0.01||$7.10 million||$14.50 million||View||Listen|
|11/6/2013||Q3 2013||($0.10)||($0.08)||$7.68 million||$9.10 million||View||N/A|
|7/31/2013||Q2 2013||($0.20)||($0.19)||$6.12 million||$6.38 million||View||Listen|
|5/1/2013||Q1 2013||($0.16)||($0.23)||$5.00 million||$6.00 million||View||Listen|
|2/20/2013||Q4 2012||($0.17)||($0.19)||$13.14 million||$7.10 million||View||Listen|
|10/31/2012||Q312||($0.16)||($0.22)||$10.90 million||$6.29 million||View||N/A|
Baltic Trading (NYSE:BALT) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Baltic Trading (NYSE:BALT) Dividend Information
|Most Recent Dividend:||11/26/2014|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Trailing 12 Months of Earnings) |
Baltic Trading (NYSE:BALT) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Baltic Trading (NYSE BALT) Insider Trading and Institutional Ownership History
Baltic Trading (NYSE BALT) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|4/13/2015||Apollo Management Holdings Gp,||Major Shareholder||Sell||879,561||$1.42||$1,248,976.62|| |
|4/9/2015||Apollo Management Holdings Gp,||Major Shareholder||Sell||1,019,624||$1.44||$1,468,258.56|| |
|1/20/2015||Apollo Management Holdings Gp,||Major Shareholder||Buy||376,234||$1.79||$673,458.86|| |
|11/17/2014||John C Wobensmith||CFO||Sell||64,000||$3.34||$213,760.00|| |
|11/15/2013||Harry Perrin||Director||Buy||15,000||$4.97||$74,550.00||41,936|| |
Baltic Trading (NYSE BALT) News Headlines
Baltic Trading (NYSE:BALT) SEC Filings
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Baltic Trading (NYSE:BALT) Income Statement, Balance Sheet and Cash Flow Statement
Baltic Trading (NYSE BALT) Stock Chart for Saturday, February, 24, 2018