NYSE:SALT - Scorpio Bulkers Stock Price, News, & Analysis

$4.51
+0.17 (+3.92 %)
(As of 06/18/2019 04:00 PM ET)
Today's Range
$4.42
Now: $4.51
$4.60
50-Day Range
$4.06
MA: $4.66
$5.59
52-Week Range
$3.57
Now: $4.51
$7.55
Volume295,800 shs
Average Volume405,991 shs
Market Capitalization$321.19 million
P/E RatioN/A
Dividend Yield1.84%
Beta2.33
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. Read More…

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
CUSIPN/A
Phone377-9798-5715

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$242.50 million
Cash Flow$1.0920 per share
Book Value$12.09 per share

Profitability

Net Income$-12,700,000.00

Miscellaneous

Employees6
Market Cap$321.19 million
Next Earnings Date7/22/2019 (Estimated)
OptionableOptionable

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Scorpio Bulkers (NYSE:SALT) Frequently Asked Questions

What is Scorpio Bulkers' stock symbol?

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

How often does Scorpio Bulkers pay dividends? What is the dividend yield for Scorpio Bulkers?

Scorpio Bulkers announced a quarterly dividend on Friday, April 26th. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.02 per share on Friday, May 31st. This represents a $0.08 annualized dividend and a dividend yield of 1.77%. The ex-dividend date is Tuesday, May 14th. View Scorpio Bulkers' Dividend History.

How will Scorpio Bulkers' stock buyback program work?

Scorpio Bulkers announced that its Board of Directors has initiated a share repurchase program on Thursday, September 14th 2017, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 10.2% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

How were Scorpio Bulkers' earnings last quarter?

Scorpio Bulkers Inc (NYSE:SALT) announced its earnings results on Monday, April, 29th. The shipping company reported $0.06 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.18) by $0.24. The shipping company had revenue of $50.40 million for the quarter, compared to analysts' expectations of $49.25 million. Scorpio Bulkers had a positive return on equity of 0.92% and a negative net margin of 4.36%. Scorpio Bulkers's revenue was down 7.2% on a year-over-year basis. During the same period in the prior year, the business posted ($0.08) EPS. View Scorpio Bulkers' Earnings History.

When is Scorpio Bulkers' next earnings date?

Scorpio Bulkers is scheduled to release their next quarterly earnings announcement on Monday, July 22nd 2019. View Earnings Estimates for Scorpio Bulkers.

What price target have analysts set for SALT?

6 analysts have issued 1 year price targets for Scorpio Bulkers' stock. Their forecasts range from $8.00 to $13.00. On average, they anticipate Scorpio Bulkers' stock price to reach $9.3333 in the next twelve months. This suggests a possible upside of 106.9% from the stock's current price. View Analyst Price Targets for Scorpio Bulkers.

What is the consensus analysts' recommendation for Scorpio Bulkers?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scorpio Bulkers in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Scorpio Bulkers.

Has Scorpio Bulkers been receiving favorable news coverage?

Media stories about SALT stock have been trending positive this week, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Scorpio Bulkers earned a media sentiment score of 2.6 on InfoTrie's scale. They also gave news headlines about the shipping company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for Scorpio Bulkers.

Who are some of Scorpio Bulkers' key 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 Omeros (OMER), General Electric (GE), Array Biopharma (ARRY), Golden Ocean Group (GOGL), Star Bulk Carriers (SBLK), Chesapeake Energy (CHK), Ford Motor (F), Scorpio Tankers (STNG), Capital Product Partners (CPLP) and Intel (INTC).

Who are Scorpio Bulkers' key executives?

Scorpio Bulkers' management team includes the folowing 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)

Who are Scorpio Bulkers' major shareholders?

Scorpio Bulkers' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Evermore Global Advisors LLC (8.33%), Hosking Partners LLP (1.56%), Royce & Associates LP (1.18%), Hourglass Capital LLC (1.09%), Williams Jones & Associates LLC (0.05%) and Mraz Amerine & Associates Inc. (0.05%).

Which major investors are selling Scorpio Bulkers stock?

SALT stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Evermore Global Advisors LLC and Hosking Partners LLP.

Which major investors are buying Scorpio Bulkers stock?

SALT stock was acquired by a variety of institutional investors in the last quarter, including Hourglass Capital LLC, Mraz Amerine & Associates Inc., Moors & Cabot Inc., Moors & Cabot Inc., SG Americas Securities LLC, Williams Jones & Associates LLC, BNP Paribas Arbitrage SA and Sippican Capital Advisors.

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, Scottrade, Fidelity and Charles Schwab.

What is Scorpio Bulkers' stock price today?

One share of SALT stock can currently be purchased for approximately $4.51.

How big of a company is Scorpio Bulkers?

Scorpio Bulkers has a market capitalization of $321.19 million and generates $242.50 million in revenue each year. The shipping company earns $-12,700,000.00 in net income (profit) each year or ($0.03) on an earnings per share basis. Scorpio Bulkers employs 6 workers across the globe.View Additional Information About Scorpio Bulkers.

What is Scorpio Bulkers' official website?

The official website for Scorpio Bulkers is http://www.scorpiobulkers.com/.

How can I contact Scorpio Bulkers?

Scorpio Bulkers' mailing address is Le Millenium 9 Boulevard Charles III, Monaco O9, 98000. The shipping company can be reached via phone at 377-9798-5715.


MarketBeat Community Rating for Scorpio Bulkers (NYSE SALT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  326 (Vote Outperform)
Underperform Votes:  315 (Vote Underperform)
Total Votes:  641
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.
This page was last updated on 6/18/2019 by MarketBeat.com Staff

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