Scorpio Bulkers Company Profile (NYSE:SALT)

About Scorpio Bulkers

Scorpio Bulkers logoScorpio Bulkers Inc. is a shipping company. The Company offers marine transportation services for a range of bulk commodities, including ores, coal, grains and fertilizers using its vessels. The Company focuses to acquire and operate the drybulk carriers. The Company operates through three segments: Capesize, Kamsarmax and Ultramax. Its Capesize segment includes vessels of approximately 180,000 deadweight tonnage (DWT). Its Kamsarmax segment includes vessels ranging from 77,500 DWT to 98,700 DWT. Its Ultramax segment includes vessels ranging from 48,500 DWT to 64,000 DWT. The Company's Operating Fleet includes approximately 40 vessels, including over 30 owned drybulk vessels under Kamsarmax vessel type and over three chartered-in drybulk vessels under Ultramax vessel type. The Company also has contracts for the construction of approximately 20 newbuilding drybulk vessels, including Kamsarmax and Ultramax vessel types under its Newbuilding Program.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: SALT
  • CUSIP:
Key Metrics:
  • Previous Close: $6.85
  • 50 Day Moving Average: $6.48
  • 200 Day Moving Average: $4.60
  • 52-Week Range: $71,671,000.00 - $1.84
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -12.37
  • P/E Growth: 0.00
  • Market Cap: $505.28M
  • Outstanding Shares: 71,671,000
  • Beta: 3.84
Profitability:
  • 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%
Additional Links:
Companies Related to Scorpio Bulkers:

Analyst Ratings

Consensus Ratings for Scorpio Bulkers (NYSE:SALT) (?)
Ratings Breakdown: 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $6.35 (9.93% downside)

Analysts' Ratings History for Scorpio Bulkers (NYSE:SALT)
Show:
DateFirmActionRatingPrice TargetDetails
1/23/2017Jefferies Group LLCBoost Price TargetBuy$6.00 -> $9.00View Rating Details
1/18/2017Evercore ISIUpgradeHold -> Buy$4.50 -> $7.50View Rating Details
1/3/2017Deutsche Bank AGUpgradeHold -> Buy$4.50 -> $7.25View Rating Details
8/2/2016Seaport Global SecuritiesReiterated RatingBuy$5.00View Rating Details
6/17/2016Clarkson CapitalUpgradeNeutral -> BuyView Rating Details
3/1/2016Credit Suisse GroupLower Price TargetNeutral$3.00View Rating Details
1/26/2016J P Morgan Chase & CoUpgradeNeutral -> Overweight$11.00View Rating Details
1/7/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details
6/12/2015Imperial CapitalLower Price TargetIn -> Outperform$3.50 -> $2.25View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Scorpio Bulkers (NYSE:SALT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017        
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: $-0.92 EPS
Next Year EPS Consensus Estimate: $-0.57 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

Latest Headlines for Scorpio Bulkers (NYSE:SALT)
DateHeadline
News IconInvestor Technical Review for Scorpio Bulkers Inc. Common Sto (SALT) - Baldwin Journal (NYSE:SALT)
baldwinjournal.com - February 14 at 6:09 AM
News IconLarge Outflow of Money Witnessed in Scorpio Bulkers Inc. - Highland Mirror (NYSE:SALT)
www.highlandmirror.com - February 13 at 8:37 AM
News IconScorpio Bulkers Inc. (NYSE:SALT) hit its 52 Week high of $8.08 on Feb 6, 2017 - The Newburgh Press (NYSE:SALT)
newburghpress.com - February 10 at 11:39 PM
capitalcube.com logoScorpio Bulkers, Inc. :SALT-US: Earnings Analysis: Q4, 2016 By the Numbers : February 9, 2017 (NYSE:SALT)
www.capitalcube.com - February 10 at 1:51 AM
News IconScorpio Bulkers Inc. (NYSE:SALT) Losing Traction Rapidly - Aiken Advocate (NYSE:SALT)
aikenadvocate.com - February 9 at 12:22 AM
capitalcube.com logoScorpio Bulkers, Inc. :SALT-US: Earnings Analysis: 2016 By the Numbers : February 8, 2017 (NYSE:SALT)
www.capitalcube.com - February 9 at 12:22 AM
News IconPerformance Analysis of Scorpio Bulkers Inc. (NYSE:SALT) - The Oracle Examiner (NYSE:SALT)
oracleexaminer.com - February 7 at 8:12 AM
nasdaq.com logoEarnings Reaction History: Scorpio Bulkers Inc., 37.5% Follow-Through Indicator, 4.0% Sensitive - Nasdaq (NYSE:SALT)
www.nasdaq.com - February 7 at 8:12 AM
News IconWhy Scorpio Bulkers Inc. Stock Sailed 42% in January - Fox Business (NYSE:SALT)
www.foxbusiness.com - February 7 at 8:12 AM
seekingalpha.com logoScorpio Bulkers' (SALT) CEO Emanuele Lauro on Q4 2016 Results - Earnings Call Transcript (NYSE:SALT)
seekingalpha.com - February 6 at 7:48 PM
fool.com logoWhy Scorpio Bulkers Inc. Stock Sailed 42% in January (NYSE:SALT)
www.fool.com - February 6 at 7:48 PM
biz.yahoo.com logoQ4 2016 Scorpio Bulkers Inc Earnings Release - Before Market Open (NYSE:SALT)
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 (NYSE:SALT)
us.rd.yahoo.com - February 6 at 8:35 AM
News IconHigh Volatility Moving the Needle For Shares of Scorpio Bulkers Inc. (NYSE:SALT) - Wall Street Beacon (NYSE:SALT)
wsbeacon.com - January 30 at 9:02 PM
News IconEarnings in Full Force, Analysts Take Aim at Scorpio Bulkers Inc. (NYSE:SALT) - Wall Street Beacon (NYSE:SALT)
wsbeacon.com - January 29 at 8:15 AM
News IconScorpio Bulkers Inc. (SALT) Stock Price Target Moved to $9.00 at ... - BNB Daily (blog) (NYSE:SALT)
www.baseball-news-blog.com - January 26 at 4:40 AM
finance.yahoo.com logoScorpio Bulkers Inc. Announces Fourth Quarter Earnings Release Date and Conference Call Details (NYSE:SALT)
finance.yahoo.com - January 26 at 4:40 AM
News IconStock Touches New High Post-Inauguration: Scorpio Bulkers Inc. (NYSE:SALT) - Wall Street Beacon (NYSE:SALT)
wsbeacon.com - January 23 at 8:51 AM
nasdaq.com logoScorpio Bulkers (SALT) in Focus: Stock Adds 6% in Session - Nasdaq - Nasdaq (NYSE:SALT)
www.nasdaq.com - January 22 at 5:29 AM
News IconWhy Shipping Stocks Surged — and DryShips Dropped (NYSE:SALT)
www.hellenicshippingnews.com - January 20 at 6:38 AM
fool.com logoWhy Shipping Stocks Surged -- and DryShips Dropped -- Today (NYSE:SALT)
www.fool.com - January 18 at 9:20 PM
News IconWill The Needle Move For Scorpio Bulkers Inc. (NYSE:SALT) Shares This Earnings Season? - Wall Street Beacon (NYSE:SALT)
wsbeacon.com - January 15 at 12:43 AM
News IconMarkets End Mostly Higher, How Did This Stock Fare: Scorpio Bulkers Inc. (NYSE:SALT) - Wall Street Beacon (NYSE:SALT)
wsbeacon.com - January 15 at 12:43 AM
thestreet.com logoSALT Crosses Above Average Analyst Target (NYSE:SALT)
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 (NYSE:SALT)
seekingalpha.com - January 6 at 9:37 PM
kcregister.com logoTrending Stocks: Matthews International Corporation (NASDAQ ... - KC Register (NYSE:SALT)
www.kcregister.com - January 5 at 6:19 AM
feeds.benzinga.com logoDeutsche Bank's Scorpio Bulkers Buy Thesis In A Nutshell (NYSE:SALT)
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 (NYSE:SALT)
finance.yahoo.com - January 3 at 9:49 AM
stocksdaily.net logoScorpio Bulkers Inc. (NYSE:SALT) Analysts EPS Target At $-0.26 - Stocks Daily (NYSE:SALT)
www.stocksdaily.net - December 29 at 7:36 PM
News IconWatching Technical Positions on Scorpio Bulkers Inc. Common Sto (SALT) - Yankee Analysts (NYSE:SALT)
yankeeanalysts.com - December 17 at 3:27 AM
seekingalpha.com logoScorpio Bulkers, Inc.: Searching For Value In The Shipping Sector (NYSE:SALT)
seekingalpha.com - December 15 at 3:01 AM
News IconTraders are Taking a Closer Look at These Shares: Scorpio Bulkers Inc. Common Sto (SALT) - Yankee Analysts (NYSE:SALT)
yankeeanalysts.com - December 14 at 9:58 PM
seekingalpha.com logoScorpio Bulkers, Inc.: Searching For Value In The Shipping Sector - Seeking Alpha (NYSE:SALT)
seekingalpha.com - December 14 at 9:58 PM
us.rd.yahoo.com logoScorpio Bulkers Inc. Announces Time Charter-Out Agreement (NYSE:SALT)
us.rd.yahoo.com - December 13 at 8:03 PM
News IconMarket Rover: Looking at Levels on Shares of Scorpio Bulkers Inc. Common Sto (SALT) - Yankee Analysts (NYSE:SALT)
yankeeanalysts.com - December 13 at 8:19 AM
insidermonkey.com logoIs Scorpio Bulkers Inc (SALT) a Good Stock to Buy? (NYSE:SALT)
www.insidermonkey.com - December 13 at 8:19 AM
us.rd.yahoo.com logo6:30 am Scorpio Bulkers announces vessel price reductions & authority to repurchase up to $20 mln of its outstanding 7.5% senior notes due 2019 (NYSE:SALT)
us.rd.yahoo.com - December 12 at 7:45 PM
finance.yahoo.com logoScorpio Bulkers Inc. Announces Authority to Repurchase its 7.5% Senior Notes (NYSE:SALT)
finance.yahoo.com - December 12 at 7:45 PM
News IconScorpio Bulkers Inc. Announces Vessel Price Reductions and Authority to Repurchase its 7.5% Senior Notes - Yahoo Sports (NYSE:SALT)
sports.yahoo.com - December 12 at 9:19 AM
finance.yahoo.com logoScorpio Bulkers Inc. Announces Vessel Price Reductions and Authority to Repurchase its 7.5% Senior Notes (NYSE:SALT)
finance.yahoo.com - December 12 at 9:19 AM
finance.yahoo.com logoScorpio Bulkers Inc. Announces Vessel Price Reductions (NYSE:SALT)
finance.yahoo.com - December 12 at 9:19 AM
feeds.reuters.com logoBRIEF-Scorpio Bulkers Inc says to repurchase its 7.5% senior notes (NYSE:SALT)
feeds.reuters.com - December 12 at 7:32 AM
News IconInvestor Box: Viewing Levels on Shares of Scorpio Bulkers Inc. Common Sto (SALT) - Yankee Analysts (NYSE:SALT)
yankeeanalysts.com - December 11 at 9:04 AM
News IconTraders are Keeping Track of Technicals on Shares of Scorpio Bulkers Inc. Common Sto (SALT) - Yankee Analysts (NYSE:SALT)
yankeeanalysts.com - December 10 at 8:29 AM
News IconSorting Out the Technicals on Shares of Scorpio Bulkers Inc. Common Sto (SALT) - Yankee Analysts (NYSE:SALT)
yankeeanalysts.com - December 8 at 8:39 AM
News IconCan Scorpio Bulkers Inc's (SALT) Debt Pose A Serious Problem For The Company? - Simply Wall St (NYSE:SALT)
simplywall.st - December 8 at 8:39 AM
News IconScorpio Bulkers Inc. (NYSE:SALT) Performance Overview - The Newburgh Press (NYSE:SALT)
newburghpress.com - November 30 at 7:53 PM
4-traders.com logoScorpio Bulkers : Technical Roundup on Shipping Stocks -- Navios Maritime Acquisition, GasLog, Tsakos Energy Navigation, and Scorpio Bulkers (NYSE:SALT)
www.4-traders.com - November 29 at 3:12 PM
News IconInvestor Guide: Taking a Look at Indicators for Scorpio Bulkers Inc. Common Sto (SALT) - Yankee Analysts (NYSE:SALT)
yankeeanalysts.com - November 28 at 3:28 PM
News IconStock Focus: Watching RSI Levels on Shares of Scorpio Bulkers Inc. Common Sto (SALT) - Yankee Analysts (NYSE:SALT)
yankeeanalysts.com - November 27 at 3:30 PM

Social

What is Scorpio Bulkers' stock symbol?

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

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

6 brokers have issued 1-year price objectives for Scorpio Bulkers' shares. Their forecasts range from $3.00 to $9.00. On average, they anticipate Scorpio Bulkers' share price to reach $6.35 in the next year.

When will Scorpio Bulkers announce their earnings?

Scorpio Bulkers is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

Who owns Scorpio Bulkers stock?

Scorpio Bulkers' stock is owned by a number of of institutional and retail investors. Top institutional investors include Raging Capital Management LLC (12.84%), Evermore Global Advisors LLC (6.08%), Raynor Geoffrey (3.95%), Impala Asset Management LLC (2.05%), Warlander Asset Management LP (1.83%) and Anchorage Capital Group L.L.C. (1.80%).

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 Scepter Holdings Inc. and Raging Capital Management LLC.

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

Scorpio Bulkers' stock was acquired by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, Impala Asset Management LLC, Warlander Asset Management LP, Oceanic Investment Management LTD, Marshall Wace LLP, State Street Corp, Royce & Associates LP and Renaissance Technologies LLC.

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 $7.05.

Scorpio Bulkers (NYSE:SALT) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Scorpio Bulkers (NYSE:SALT)

Earnings History Chart

Earnings by Quarter for Scorpio Bulkers (NYSE:SALT)

Dividend History Chart

Dividend Payments by Quarter for Scorpio Bulkers (NYSE:SALT)

Last Updated on 2/19/2017 by MarketBeat.com Staff