Scorpio Bulkers Company Profile (NYSE:SALT)

About Scorpio Bulkers (NYSE:SALT)

Scorpio Bulkers logoScorpio Bulkers Inc. is a shipping company. The Company owns and operates newbuilding drybulk carriers with fuel-efficient specifications and carrying capacities of greater than 30,000 deadweight tons (dwt). The Company operates through two segments: Kamsarmax and Ultramax. Its Kamsarmax segment includes vessels ranging from approximately 77,500 DWT to 98,700 DWT. Its Ultramax segment includes vessels ranging from approximately 60,200 DWT to 64,000 DWT. All of its owned vessels have carrying capacities of greater than 60,000 dwt. Its vessels transport a range of bulk commodities, including ores, coal, grains and fertilizers, along shipping routes, and are employed primarily in the spot market or in spot market-oriented pools of similarly sized vessels. As of December 31, 2016, its operating fleet of 48 vessels consisted of 47 drybulk vessels and one chartered-in drybulk vessel. It also has a contract for the construction of one newbuilding drybulk vessel.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Symbol: NYSE:SALT
  • CUSIP: N/A
  • Web: www.scorpiobulkers.com
Capitalization:
  • Market Cap: $451.93 million
  • Outstanding Shares: 71,735,000
Average Prices:
  • 50 Day Moving Avg: $7.56
  • 200 Day Moving Avg: $6.81
  • 52 Week Range: $2.63 - $10.14
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -21.72
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $102.89 million
  • Price / Sales: 4.39
  • Book Value: $12.91 per share
  • Price / Book: 0.49
Profitability:
  • EBIDTA: ($17,160,000.00)
  • Net Margins: -159.23%
  • Return on Equity: -10.36%
  • Return on Assets: -6.57%
Debt:
  • Debt-to-Equity Ratio: 0.59%
  • Current Ratio: 4.70%
  • Quick Ratio: 12.20%
Misc:
  • Average Volume: 1.13 million shs.
  • Beta: 3.84
  • Short Ratio: 1.64
 

Frequently Asked Questions for Scorpio Bulkers (NYSE:SALT)

What is Scorpio Bulkers' stock symbol?

Scorpio Bulkers trades on the New York Stock Exchange (NYSE) under the ticker symbol "SALT."

How were Scorpio Bulkers' earnings last quarter?

Scorpio Bulkers Inc (NYSE:SALT) posted its quarterly earnings results on Thursday, April, 20th. The company reported ($0.23) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.20) by $0.03. The business earned $34.73 million during the quarter, compared to analyst estimates of $33.92 million. Scorpio Bulkers had a negative net margin of 159.23% and a negative return on equity of 10.36%. The firm's quarterly revenue was up 239.2% on a year-over-year basis. During the same quarter in the prior year, the business earned ($1.12) earnings per share. View Scorpio Bulkers' Earnings History.

Where is Scorpio Bulkers' stock going? Where will Scorpio Bulkers' stock price be in 2017?

7 analysts have issued 1-year price targets for Scorpio Bulkers' stock. Their forecasts range from $5.00 to $10.50. On average, they expect Scorpio Bulkers' share price to reach $8.21 in the next twelve months. View Analyst Ratings for Scorpio Bulkers.

Who are some of Scorpio Bulkers' key competitors?

Who owns Scorpio Bulkers stock?

Scorpio Bulkers' stock is owned by many different of institutional and retail investors. Top institutional investors include Raging Capital Management LLC (6.92%), Evermore Global Advisors LLC (6.71%), Raynor Geoffrey (2.25%), Impala Asset Management LLC (1.91%), Renaissance Technologies LLC (1.62%) and Royce & Associates LP (1.27%). View Institutional Ownership Trends for Scorpio Bulkers.

Who sold Scorpio Bulkers stock? Who is selling Scorpio Bulkers stock?

Scorpio Bulkers' stock was sold by a variety of institutional investors in the last quarter, including Raging Capital Management LLC, Raynor Geoffrey, Phoenix Investment Adviser LLC, Impala Asset Management LLC, Morgan Stanley, TIAA CREF Investment Management LLC, Teachers Advisors LLC and Wells Fargo & Company MN. View Insider Buying and Selling for Scorpio Bulkers.

Who bought Scorpio Bulkers stock? Who is buying Scorpio Bulkers stock?

Scorpio Bulkers' stock was bought by a variety of institutional investors in the last quarter, including Horseman Capital Management Ltd, Evermore Global Advisors LLC, Hosking Partners LLP, Schroder Investment Management Group, Royce & Associates LP, Boston Partners, Driehaus Capital Management LLC and Marshall Wace LLP. View Insider Buying and Selling for Scorpio Bulkers.

How do I buy Scorpio Bulkers stock?

Shares of Scorpio Bulkers can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Scorpio Bulkers stock cost?

One share of Scorpio Bulkers stock can currently be purchased for approximately $6.30.

Analyst Ratings

Consensus Ratings for Scorpio Bulkers (NYSE:SALT) (?)
Ratings Breakdown: 1 Hold Rating, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $8.21 (30.29% upside)

Analysts' Ratings History for Scorpio Bulkers (NYSE:SALT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/23/2017Credit Suisse Group AGReiterated RatingOutperform$10.00MediumView Rating Details
3/28/2017Morgan StanleyInitiated CoverageEqual -> Equal Weight$10.50MediumView Rating Details
1/23/2017Jefferies Group LLCBoost Price TargetBuy$6.00 -> $9.00N/AView Rating Details
1/18/2017Evercore ISIUpgradeHold -> Buy$4.50 -> $7.50N/AView Rating Details
1/3/2017Deutsche Bank AGUpgradeHold -> Buy$4.50 -> $7.25N/AView Rating Details
8/2/2016Seaport Global SecuritiesReiterated RatingBuy$5.00N/AView Rating Details
6/17/2016Clarkson CapitalUpgradeNeutral -> BuyN/AView Rating Details
1/26/2016JPMorgan Chase & Co.UpgradeNeutral -> Overweight$11.00N/AView Rating Details
1/7/2016Stifel NicolausDowngradeBuy -> HoldN/AView Rating Details
6/12/2015Imperial CapitalLower Price TargetIn -> Outperform$3.50 -> $2.25N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Scorpio Bulkers (NYSE:SALT)
Earnings by Quarter for Scorpio Bulkers (NYSE:SALT)
Earnings History by Quarter for Scorpio Bulkers (NYSE:SALT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/20/2017Q1 2017($0.20)($0.23)$33.92 million$34.73 millionViewN/AView Earnings Details
2/6/2017Q416($0.27)($0.29)$28.41 million$26.85 millionViewListenView Earnings Details
10/31/2016Q316($0.29)($0.30)$24.30 million$23.90 millionViewListenView Earnings Details
7/27/2016Q216($0.53)($0.48)$16.45 million$17.37 millionViewListenView Earnings Details
5/3/2016Q116($1.11)($1.12)$11.03 million$10.24 millionViewN/AView Earnings Details
2/29/2016Q415($0.87)($0.80)$30.21 million$22.02 millionViewListenView Earnings Details
11/2/2015Q315($0.06)($0.05)$26.98 million$15.20 millionViewN/AView Earnings Details
7/28/2015Q215($0.11)($0.09)$16.23 million$12.78 millionViewListenView Earnings Details
4/28/2015Q115($0.11)($0.10)$14.37 million$12.27 millionViewN/AView Earnings Details
3/4/2015Q414($0.11)($0.11)$18.60 million$17.70 millionViewN/AView Earnings Details
10/29/2014Q314($0.14)($0.12)$18.70 million$12.60 millionViewN/AView Earnings Details
7/30/2014Q214($0.09)($0.11)$13.13 million$13.18 millionViewN/AView Earnings Details
4/30/2014Q114($0.02)($0.08)$4.41 million$5.47 millionViewN/AView Earnings Details
3/4/2014($0.01)($0.04)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Scorpio Bulkers (NYSE:SALT)
Current Year EPS Consensus Estimate: $-0.66 EPS
Next Year EPS Consensus Estimate: $-0.29 EPS

Dividends

Dividend History for Scorpio Bulkers (NYSE:SALT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Scorpio Bulkers (NYSE:SALT)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Scorpio Bulkers (NYSE:SALT)
Latest Headlines for Scorpio Bulkers (NYSE:SALT)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Scorpio Bulkers, Inc. : May 22, 2017
finance.yahoo.com - May 22 at 6:44 PM
finance.yahoo.com logoETFs with exposure to Scorpio Bulkers, Inc. : May 11, 2017
finance.yahoo.com - May 11 at 8:06 PM
finance.yahoo.com logoScorpio Bulkers, Inc. :SALT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 10 at 7:54 PM
finance.yahoo.com logoScorpio Bulkers Inc. Announces Purchase of Common Shares by the President and a Director of the Company
finance.yahoo.com - May 8 at 7:01 PM
americanbankingnews.com logo$38.98 Million in Sales Expected for Scorpio Bulkers Inc (SALT) This Quarter
www.americanbankingnews.com - May 5 at 3:14 PM
finance.yahoo.com logoScorpio Bulkers Inc. Announces Purchase of Common Shares by Scorpio Services Holding Limited and the President of the Company
finance.yahoo.com - May 4 at 7:59 PM
americanbankingnews.com logo-$0.15 EPS Expected for Scorpio Bulkers Inc (SALT) This Quarter
www.americanbankingnews.com - May 3 at 2:10 PM
americanbankingnews.com logoScorpio Bulkers Inc (SALT) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - May 1 at 2:24 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Likely to Impact Scorpio Bulkers (SALT) Share Price
www.americanbankingnews.com - April 30 at 5:45 PM
americanbankingnews.com logoScorpio Bulkers Inc (SALT) Set to Announce Earnings on Monday
www.americanbankingnews.com - April 29 at 7:26 AM
nasdaq.com logoScorpio Bulkers Inc. Announces Agreement to Time Charter-In One ... - Nasdaq
www.nasdaq.com - April 25 at 6:44 PM
americanbankingnews.com logoFavorable News Coverage Very Likely to Affect Scorpio Bulkers (SALT) Stock Price
www.americanbankingnews.com - April 24 at 4:18 PM
americanbankingnews.com logoCredit Suisse Group AG Reaffirms Outperform Rating for Scorpio Bulkers Inc (SALT)
www.americanbankingnews.com - April 23 at 10:26 AM
seekingalpha.com logoScorpio Bunker's (SALT) CEO, Emanuele Lauro on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 21 at 8:18 AM
finance.yahoo.com logoEdited Transcript of SALT earnings conference call or presentation 20-Apr-17 1:00pm GMT
finance.yahoo.com - April 21 at 12:47 AM
finance.yahoo.com logoScorpio Bulkers, Inc. – Value Analysis (NYSE:SALT) : April 20, 2017
finance.yahoo.com - April 20 at 7:47 PM
americanbankingnews.com logoScorpio Bulkers Inc (SALT) Issues Earnings Results, Misses Expectations By $0.02 EPS
www.americanbankingnews.com - April 20 at 10:55 AM
finance.yahoo.com logoScorpio Bulkers Inc. Announces Financial Results for the First Quarter of 2017
finance.yahoo.com - April 20 at 8:22 AM
marketbeat.com logoScorpio Bulkers reports 1Q loss
marketbeat.com - April 20 at 7:53 AM
finance.yahoo.com logoTransports to Watch for Earnings on Apr 20: SALT, WERN & HA
finance.yahoo.com - April 19 at 9:28 AM
finance.yahoo.com logoScorpio Bulkers, Inc. breached its 50 day moving average in a Bearish Manner : SALT-US : April 19, 2017
finance.yahoo.com - April 19 at 9:28 AM
americanbankingnews.com logoScorpio Bulkers Inc (SALT) Short Interest Up 91.6% in March
www.americanbankingnews.com - April 18 at 7:19 AM
americanbankingnews.com logoScorpio Bulkers (SALT) Receiving Somewhat Critical Media Coverage, Analysis Finds
www.americanbankingnews.com - April 16 at 11:03 AM
americanbankingnews.com logoScorpio Bulkers Inc (SALT) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - April 16 at 8:46 AM
americanbankingnews.com logoScorpio Bulkers Inc (SALT) Expected to Post Quarterly Sales of $34.53 Million
www.americanbankingnews.com - April 14 at 1:58 PM
americanbankingnews.com logoScorpio Bulkers (SALT) Receives News Impact Rating of 0.22
www.americanbankingnews.com - April 13 at 5:03 PM
americanbankingnews.com logoScorpio Bulkers Inc (SALT) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - April 13 at 12:05 AM
globenewswire.com logoScorpio Bulkers Inc. Announces First Quarter Earnings Release Date and Conference Call Details - GlobeNewswire (press release)
globenewswire.com - April 12 at 1:17 PM
feeds.benzinga.com logoScorpio Bulkers Inc. Announces First Quarter Earnings Release Date and Conference Call Details
feeds.benzinga.com - April 12 at 11:58 AM
americanbankingnews.com logoScorpio Bulkers Inc (SALT) Earns Equal Weight Rating from Analysts at Morgan Stanley
www.americanbankingnews.com - March 28 at 9:50 AM
247wallst.com logoTop Analysts Upgrades and Downgrades: Amazon, Canada Goose, Exelon, Red Hat, Snap, ViaSat, Zebra Technologies and More
247wallst.com - March 28 at 9:30 AM
americanbankingnews.com logoScorpio Bulkers Inc (SALT) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 23 at 7:01 PM
barrons.com logo[$$] Finding Value in European Conglomerates
www.barrons.com - March 18 at 12:47 AM
investopedia.com logoShipping Stocks Encounter Volatility
www.investopedia.com - March 16 at 4:06 PM
us.rd.yahoo.com logoScorpio Bulkers upgraded by Credit Suisse
us.rd.yahoo.com - March 13 at 7:21 PM
us.rd.yahoo.com logoScorpio Bulkers Upgraded By Credit Suisse, Sees 15% Increase In Dry Bulk Asset Prices
us.rd.yahoo.com - March 13 at 7:21 PM
finance.yahoo.com logoScorpio Bulkers Inc. Announces Availability of 2016 Annual Report on Form 20-F
finance.yahoo.com - February 28 at 12:09 PM
nasdaq.com logoEarnings Reaction History: Scorpio Bulkers Inc., 37.5% Follow-Through Indicator, 4.0% Sensitive - Nasdaq
www.nasdaq.com - February 7 at 8:12 AM
seekingalpha.com logoScorpio Bulkers' (SALT) CEO Emanuele Lauro on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 6 at 7:48 PM
fool.com logoWhy Scorpio Bulkers Inc. Stock Sailed 42% in January
www.fool.com - February 6 at 7:48 PM
biz.yahoo.com logoQ4 2016 Scorpio Bulkers Inc Earnings Release - Before Market Open
us.rd.yahoo.com - February 6 at 8:35 AM
us.rd.yahoo.com logoScorpio Bulkers Inc. Announces Financial Results for the Fourth Quarter of 2016
us.rd.yahoo.com - February 6 at 8:35 AM
finance.yahoo.com logoScorpio Bulkers Inc. Announces Fourth Quarter Earnings Release Date and Conference Call Details
finance.yahoo.com - January 26 at 4:40 AM
nasdaq.com logoScorpio Bulkers (SALT) in Focus: Stock Adds 6% in Session - Nasdaq - Nasdaq
www.nasdaq.com - January 22 at 5:29 AM
fool.com logoWhy Shipping Stocks Surged -- and DryShips Dropped -- Today
www.fool.com - January 18 at 9:20 PM
thestreet.com logoSALT Crosses Above Average Analyst Target
www.thestreet.com - January 6 at 9:37 PM
seekingalpha.com logoAn 11.4% Baby Bond Yield From A Company With Contingency Plans To Sell Equity
seekingalpha.com - January 6 at 9:37 PM
feeds.benzinga.com logoDeutsche Bank's Scorpio Bulkers Buy Thesis In A Nutshell
feeds.benzinga.com - January 3 at 5:21 PM
finance.yahoo.com logoAthene, Barracuda, Energizer, Michael Kors, Tableau Software and Many More in Key Analyst Calls for Tuesday
finance.yahoo.com - January 3 at 9:49 AM
seekingalpha.com logoScorpio Bulkers, Inc.: Searching For Value In The Shipping Sector
seekingalpha.com - December 15 at 3:01 AM

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Chart

Scorpio Bulkers (SALT) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff