NYSE:SALTScorpio Bulkers Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Scorpio Bulkers Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $17.09 -0.90 (-5.00 %) (As of 05/29/2020 01:21 PM ET) Add Compare Share Today's Range$17.00Now: $17.09▼$18.0050-Day Range$14.51MA: $20.05▼$27.9652-Week Range$13.75Now: $17.09▼$77.80Volume3,716 shsAverage Volume181,985 shsMarket Capitalization$123.90 millionP/E RatioN/ADividend Yield4.30%Beta1.49 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Scorpio Bulkers Inc., a shipping company, owns and operates dry bulk carriers worldwide. Its vessels transport a range of bulk commodities, including ores, coal, grains, and fertilizers. The company owns and operates 55 vessels, including 54 wholly-owned or finance leased drybulk vessels comprising 17 Kamsarmax vessels and 37 Ultramax vessels; and 1 time chartered-in Ultramax vessel. Scorpio Bulkers Inc. was founded in 2013 and is based in Monaco.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingScorpio Bulkers has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $53.00, Scorpio Bulkers has a potential upside of 210.1% from its current price of $17.09.Amount of Analyst CoverageScorpio Bulkers has only been the subject of 2 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesScorpio Bulkers has received 384 “outperform” votes. (Add your “outperform” vote.)Underperform VotesScorpio Bulkers has received 376 “underperform” votes. (Add your “underperform” vote.)Community SentimentScorpio Bulkers has received 50.53% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Scorpio Bulkers and other stocks. Vote “Outperform” if you believe SALT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SALT will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipScorpio Bulkers is a leading dividend payer. It pays a dividend yield of 4.30%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthScorpio Bulkers does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Scorpio Bulkers is 6.72 %. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Scorpio Bulkers insiders have not sold or bought any company stock. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Scorpio Bulkers are expected to grow in the coming year, from ($9.06) to ($1.87) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Scorpio Bulkers is -1.51, 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 Scorpio Bulkers is -1.51, 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 RatioScorpio Bulkers has a P/B Ratio of 0.16. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.93 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:SALT Previous Symbol CUSIPN/A CIK1587264 Webwww.scorpiobulkers.com Phone(011)377 9798 5716Debt Debt-to-Equity Ratio0.94 Current Ratio0.72 Quick Ratio0.72Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$224.58 million Price / Sales0.55 Cash Flow$19.42 per share Price / Cash Flow0.88 Book Value$103.60 per share Price / Book0.16Profitability EPS (Most Recent Fiscal Year)$11.90 Net Income$44.65 million Net Margins-35.88% Return on Equity-9.30% Return on Assets-4.68%Miscellaneous Employees6 Outstanding Shares7,250,000Market Cap$123.90 million Next Earnings Date7/27/2020 (Estimated) OptionableOptionable SALT Rates by TradingView Receive SALT News and Ratings via Email Sign-up to receive the latest news and ratings for SALT and its competitors with MarketBeat's FREE daily newsletter. Scorpio Bulkers (NYSE:SALT) Frequently Asked Questions How has Scorpio Bulkers' stock been impacted by COVID-19 (Coronavirus)? Scorpio Bulkers' stock was trading at $2.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SALT shares have increased by 544.9% and is now trading at $17.09. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Scorpio Bulkers? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scorpio Bulkers in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Scorpio Bulkers. When is Scorpio Bulkers' next earnings date? Scorpio Bulkers is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Scorpio Bulkers. How were Scorpio Bulkers' earnings last quarter? Scorpio Bulkers Inc (NYSE:SALT) released its earnings results on Monday, May, 11th. The shipping company reported ($15.65) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($3.10) by $12.55. The shipping company earned $40.82 million during the quarter, compared to the consensus estimate of $43.68 million. Scorpio Bulkers had a negative net margin of 35.88% and a negative return on equity of 9.30%. View Scorpio Bulkers' earnings history. How often does Scorpio Bulkers pay dividends? What is the dividend yield for Scorpio Bulkers? Scorpio Bulkers declared a quarterly dividend on Tuesday, May 12th. Shareholders of record on Monday, June 15th will be given a dividend of $0.05 per share on Tuesday, June 30th. This represents a $0.20 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Friday, June 12th. View Scorpio Bulkers' dividend history. When did Scorpio Bulkers' stock split? How did Scorpio Bulkers' stock split work? Shares of Scorpio Bulkers reverse split before market open on Tuesday, April 7th 2020. The 1-10 reverse split was announced on Friday, April 3rd 2020. The number of shares owned by shareholders was adjusted after the market closes on Monday, April 6th 2020. An investor that had 100 shares of Scorpio Bulkers stock prior to the reverse split would have 10 shares after the split. What price target have analysts set for SALT? 5 equities research analysts have issued 12-month price targets for Scorpio Bulkers' shares. Their forecasts range from $40.00 to $85.00. On average, they anticipate Scorpio Bulkers' stock price to reach $53.00 in the next twelve months. This suggests a possible upside of 210.1% from the stock's current price. View analysts' price targets for Scorpio Bulkers. Has Scorpio Bulkers been receiving favorable news coverage? News articles about SALT stock have been trending positive on Friday, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Scorpio Bulkers earned a news sentiment score of 2.7 on InfoTrie's scale. They also assigned news stories about the shipping company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutScorpio Bulkers. Are investors shorting Scorpio Bulkers? Scorpio Bulkers saw a increase in short interest in May. As of May 15th, there was short interest totaling 314,400 shares, an increase of 46.9% from the April 30th total of 214,000 shares. Based on an average daily volume of 113,600 shares, the days-to-cover ratio is presently 2.8 days. Approximately 5.4% of the company's stock are short sold. View Scorpio Bulkers' Current Options Chain. Who are some of Scorpio Bulkers' key competitors? Some companies that are related to Scorpio Bulkers include Star Bulk Carriers (SBLK), DryShips (DRYS), Dorian LPG (LPG), Navigator (NVGS), Teekay (TK), TSAKOS ENERGY N/SH (TNP), Genco Shipping & Trading (GNK), Ardmore Shipping (ASC), Overseas Shipholding Group (OSG), Capital Product Partners (CPLP), Eagle Bulk Shipping (EGLE), Diana Shipping (DSX), Danaos (DAC), StealthGas (GASS) and Safe Bulkers (SB). View all competitors. What other stocks do shareholders of Scorpio Bulkers own? Based on aggregate information from My MarketBeat watchlists, some companies that other Scorpio Bulkers investors own include Star Bulk Carriers (SBLK), Golden Ocean Group (GOGL), Scorpio Tankers (STNG), Omeros (OMER), Energy Transfer LP Unit (ET), Capital Product Partners (CPLP), Diana Shipping (DSX), Ford Motor (F), General Electric (GE) and Safe Bulkers (SB). Who are Scorpio Bulkers' key executives? Scorpio Bulkers' management team includes the following people: Mr. Emanuele A. Lauro, Co-Founder, Chairman & CEO (Age 40)Mr. Robert L. Bugbee, Co-Founder, Pres & Director (Age 59)Mr. Hugh Baker, Chief Financial Officer (Age 51)Mr. Cameron Mackey, Chief Operating Officer (Age 51)Ms. Yang Fan, Sec. (Age 30) What is Scorpio Bulkers' stock symbol? Scorpio Bulkers trades on the New York Stock Exchange (NYSE) under the ticker symbol "SALT." Who are Scorpio Bulkers' major shareholders? Scorpio Bulkers' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (40.24%), Bank of New York Mellon Corp (19.77%), State Street Corp (13.48%), Hourglass Capital LLC (8.34%), Valueworks LLC (6.74%) and JPMorgan Chase & Co. (5.10%). Which major investors are selling Scorpio Bulkers stock? SALT stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Deutsche Bank AG, UBS Group AG, Wells Fargo & Company MN, Squarepoint Ops LLC, Two Sigma Investments LP, Parametric Portfolio Associates LLC, and Valueworks LLC. Which major investors are buying Scorpio Bulkers stock? SALT stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Hourglass Capital LLC, Nuveen Asset Management LLC, BlackRock Inc., Two Sigma Advisers LP, Los Angeles Capital Management & Equity Research Inc., Geode Capital Management LLC, and GSA Capital Partners LLP. How do I buy shares of Scorpio Bulkers? Shares of SALT 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, Robinhood, Fidelity, and Charles Schwab. What is Scorpio Bulkers' stock price today? One share of SALT stock can currently be purchased for approximately $17.09. How big of a company is Scorpio Bulkers? Scorpio Bulkers has a market capitalization of $123.90 million and generates $224.58 million in revenue each year. The shipping company earns $44.65 million in net income (profit) each year or $11.90 on an earnings per share basis. Scorpio Bulkers employs 6 workers across the globe. What is Scorpio Bulkers' official website? The official website for Scorpio Bulkers is www.scorpiobulkers.com. How can I contact Scorpio Bulkers? Scorpio Bulkers' mailing address is 9 BOULEVARD CHARLES III, Monaco O9, MC98000. The shipping company can be reached via phone at (011)377 9798 5716. This page was last updated on 5/29/2020 by MarketBeat.com Staff
