Eneti Stock Price, News & Analysis (NYSE:NETI) $10.94 +1.12 (+11.41%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$10.61▼$11.0050-Day Range$9.49▼$10.9452-Week Range$7.75▼$13.54Volume879,396 shsAverage Volume396,178 shsMarket Capitalization$422.80 millionP/E RatioN/ADividend Yield0.37%Price Target$15.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Eneti MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside37.1% Upside$15.00 Price TargetShort InterestHealthy4.73% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.93Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth200.00%From $0.18 to $0.54 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.73 out of 5 starsTransportation Sector13th out of 94 stocksDeep Sea Foreign Transportation Of Freight Industry3rd out of 18 stocks 3.3 Analyst's Opinion Consensus RatingEneti has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.00, Eneti has a forecasted upside of 37.1% from its current price of $10.94.Amount of Analyst CoverageEneti has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.73% of the float of Eneti has been sold short.Short Interest Ratio / Days to CoverEneti has a short interest ratio ("days to cover") of 6.Change versus previous monthShort interest in Eneti has recently decreased by 6.61%, indicating that investor sentiment is improving significantly. Previous Next 0.8 Dividend Strength Dividend YieldEneti has a dividend yield of 0.38%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthEneti does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Eneti will have a dividend payout ratio of 7.41% next year. This indicates that Eneti will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NETI. Previous Next 3.3 News and Social Media Coverage News SentimentEneti has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Eneti this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for NETI on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows3 people have added Eneti to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Eneti insiders have not sold or bought any company stock.Percentage Held by Institutions66.15% of the stock of Eneti is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Eneti are expected to grow by 200.00% in the coming year, from $0.18 to $0.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eneti is -10.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Eneti is -10.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioEneti has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Eneti Stock (NYSE:NETI)Eneti Inc. engages in 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.Read More NETI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NETI Stock News HeadlinesDecember 8, 2023 | marketwatch.comEneti Shares Up 11% as Cadeler Extends Offer, Lowers Minimum Tender ConditionDecember 8, 2023 | msn.comEneti surges as Cadeler extends share exchange offer, lowers acceptance thresholdDecember 8, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.December 8, 2023 | finance.yahoo.comCadeler A/S and Eneti Inc. Announce Extension of the Share Exchange Offer for All Outstanding Shares of Common Stock of Eneti Inc. to December 14, 2023 and New Loan FacilityDecember 8, 2023 | finance.yahoo.comCadeler A/S and Eneti Inc. Announce Extension of Share Exchange Offer for all Outstanding Shares of Common Stock of Eneti Inc. to December 14, 2023 & New Loan FacilityDecember 1, 2023 | finance.yahoo.comWall Street Analysts See a 41.01% Upside in Eneti (NETI): Can the Stock Really Move This High?November 30, 2023 | finance.yahoo.comEneti Inc. Announces Closing of a $436.0 Million Credit Facility and Sale of Two NG2500X VesselsNovember 23, 2023 | benzinga.comEneti's Ex-Dividend Date Is Tuesday, Here's What You Need To KnowDecember 8, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 20, 2023 | finance.yahoo.comWith 32% stake, Eneti Inc. (NYSE:NETI) seems to have captured institutional investors' interestNovember 15, 2023 | finance.yahoo.comEneti Inc. (NYSE:NETI) Q3 2023 Earnings Call TranscriptNovember 15, 2023 | finance.yahoo.comWall Street Analysts Think Eneti (NETI) Could Surge 53.61%: Read This Before Placing a BetNovember 14, 2023 | benzinga.comRecap: Eneti Q3 EarningsNovember 14, 2023 | msn.comEneti Non-GAAP EPS of $0.49 beats by $0.22, revenue of $53.2M beats by $6.08MNovember 14, 2023 | finance.yahoo.comEneti Inc. Announces Financial Results for the Third Quarter of 2023 and Declares a Quarterly Cash DividendNovember 13, 2023 | msn.comEneti Q3 2023 Earnings PreviewNovember 10, 2023 | businesswire.comENETI INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Eneti Inc. - NETINovember 9, 2023 | morningstar.comEneti Inc NETINovember 7, 2023 | msn.comCadeler launches share exchange offer for all of Eneti's outstanding sharesNovember 3, 2023 | finance.yahoo.comEneti Inc. to Announce Third Quarter 2023 Results and Have a Conference Call on November 14, 2023October 30, 2023 | finance.yahoo.comWall Street Analysts Believe Eneti (NETI) Could Rally 50.59%: Here's is How to TradeOctober 24, 2023 | msn.comEneti signs installation contract for newbuild WTIVOctober 24, 2023 | finance.yahoo.comEneti Inc. Signs Installation Contract for Newbuild WTIVOctober 18, 2023 | msn.comEneti signs contract for Seajacks ScyllaOctober 18, 2023 | finance.yahoo.comEneti Inc. Signs Contract for Seajacks ScyllaOctober 10, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in Eneti (NETI) Stock?October 2, 2023 | msn.comEneti: The Merger Looks Good, But The Offshore Wind Market Does NotSee More Headlines Receive NETI Stock 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. Email Address Company Calendar Ex-Dividend for 9/15 Dividend8/25/2023Dividend Payable9/15/2023Last Earnings11/14/2023Ex-Dividend for 12/15 Dividend11/28/2023Today12/08/2023Dividend Payable12/15/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/08/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:NETI CUSIPN/A CIK1587264 Webwww.eneti-inc.com Phone(779) 798-5715FaxN/AEmployees286Year FoundedN/APrice Target and Rating Average Stock Price Target$15.00 High Stock Price Target$18.00 Low Stock Price Target$13.00 Potential Upside/Downside+37.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.04) Trailing P/E RatioN/A Forward P/E Ratio60.78 P/E GrowthN/ANet Income$105.70 million Net Margins-24.46% Pretax Margin-21.67% Return on Equity2.27% Return on Assets1.99% Debt Debt-to-Equity Ratio0.06 Current Ratio3.64 Quick Ratio3.50 Sales & Book Value Annual Sales$152.46 million Price / Sales2.77 Cash Flow$2.21 per share Price / Cash Flow4.95 Book Value$18.60 per share Price / Book0.59Miscellaneous Outstanding Shares38,647,000Free FloatN/AMarket Cap$422.80 million OptionableNot Optionable Beta1.15 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Emanuele A. Lauro (Age 44)Co-Founder, Chairman & CEO Mr. Robert L. Bugbee (Age 63)Co-Founder, President & Director Mr. Hugh Baker (Age 55)Chief Financial Officer Mr. Cameron Mackey (Age 55)Chief Operating Officer James DoyleHead of Corporate Development & Investor RelationsMr. David Rodney MorantManaging DirectorTim SangerManaging DirectorMs. Auste Vizbaraite (Age 33)Secretary More ExecutivesKey CompetitorsOverseas Shipholding GroupNYSE:OSGDiana ShippingNYSE:DSXSEACOR MarineNYSE:SMHIPangaea Logistics SolutionsNASDAQ:PANLCapital Product PartnersNASDAQ:CPLPView All CompetitorsInstitutional OwnershipAmerican Century Companies Inc.Bought 56,850 shares on 11/30/2023Ownership: 0.333%Deutsche Bank AGSold 6,518 shares on 11/24/2023Ownership: 0.010%Tudor Investment Corp Et AlSold 53,755 shares on 11/16/2023Ownership: 0.141%Qube Research & Technologies LtdBought 40,786 shares on 11/14/2023Ownership: 0.106%California State Teachers Retirement SystemSold 2,763 shares on 11/14/2023Ownership: 0.014%View All Institutional Transactions NETI Stock Analysis - Frequently Asked Questions Should I buy or sell Eneti stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Eneti in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NETI shares. View NETI analyst ratings or view top-rated stocks. What is Eneti's stock price target for 2024? 2 analysts have issued 1-year target prices for Eneti's stock. Their NETI share price targets range from $13.00 to $18.00. On average, they expect the company's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 37.1% from the stock's current price. View analysts price targets for NETI or view top-rated stocks among Wall Street analysts. How have NETI shares performed in 2023? Eneti's stock was trading at $10.05 at the beginning of 2023. Since then, NETI shares have increased by 8.9% and is now trading at $10.94. View the best growth stocks for 2023 here. When is Eneti's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024. View our NETI earnings forecast. How were Eneti's earnings last quarter? Eneti Inc. (NYSE:NETI) released its quarterly earnings results on Tuesday, November, 14th. The company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.18. The business earned $53.20 million during the quarter, compared to the consensus estimate of $48.90 million. Eneti had a negative net margin of 24.46% and a positive trailing twelve-month return on equity of 2.27%. How often does Eneti pay dividends? What is the dividend yield for Eneti? Eneti announced a quarterly dividend on Tuesday, November 14th. Shareholders of record on Wednesday, November 29th will be paid a dividend of $0.01 per share on Friday, December 15th. This represents a $0.04 annualized dividend and a dividend yield of 0.37%. The ex-dividend date of this dividend is Tuesday, November 28th. Read our dividend analysis for NETI. Is Eneti a good dividend stock? Eneti (NYSE:NETI) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.38%. Read our dividend analysis for NETI. What ETF holds Eneti's stock ? First Trust Global Wind Energy ETF holds 83,276 shares of NETI stock, representing 0.43% of its portfolio. Who are Eneti's major shareholders? Eneti's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FMR LLC (2.12%), DnB Asset Management AS (1.43%), Valueworks LLC (1.40%), Segantii Capital Management Ltd (1.16%), F M Investments LLC (0.88%) and Skandinaviska Enskilda Banken AB publ (0.57%). How do I buy shares of Eneti? Shares of NETI stock 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. This page (NYSE:NETI) was last updated on 12/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Eneti Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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