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

$5.95
+0.16 (+2.76 %)
(As of 12/8/2019 03:09 AM ET)
Today's Range
$5.87
Now: $5.95
$6.05
50-Day Range
$5.55
MA: $6.31
$7.64
52-Week Range
$3.57
Now: $5.95
$7.78
Volume240,607 shs
Average Volume402,467 shs
Market Capitalization$431.30 million
P/E RatioN/A
Dividend Yield1.38%
Beta2.34
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
Phone(011)377 9798 5716

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$242.50 million
Cash Flow$0.99 per share
Book Value$12.09 per share

Profitability

Net Income$-12,700,000.00

Miscellaneous

Employees6
Market Cap$431.30 million
Next Earnings Date1/27/2020 (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 Wednesday, October 23rd. Shareholders of record on Friday, November 15th will be given a dividend of $0.02 per share on Friday, December 13th. This represents a $0.08 annualized dividend and a yield of 1.34%. The ex-dividend date of this dividend is Thursday, November 14th. View Scorpio Bulkers' Dividend History.

How were Scorpio Bulkers' earnings last quarter?

Scorpio Bulkers Inc (NYSE:SALT) released its earnings results on Wednesday, October, 23rd. The shipping company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.02. The shipping company earned $63.20 million during the quarter, compared to the consensus estimate of $60.63 million. Scorpio Bulkers had a negative return on equity of 0.74% and a net margin of 9.74%. The company's revenue was up 1.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.02 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, January 27th 2020. View Earnings Estimates for Scorpio Bulkers.

What price target have analysts set for SALT?

4 equities research analysts have issued 12-month price targets for Scorpio Bulkers' shares. Their forecasts range from $8.00 to $9.00. On average, they anticipate Scorpio Bulkers' stock price to reach $8.50 in the next year. This suggests a possible upside of 42.9% from the stock's current price. View Analyst Price Targets for Scorpio Bulkers.

What is the consensus analysts' recommendation for Scorpio Bulkers?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scorpio Bulkers in the last year. There are currently 1 hold rating and 3 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 coverage about SALT stock has trended somewhat positive this week, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Scorpio Bulkers earned a news impact score of 2.0 on InfoTrie's scale. They also gave news headlines about the shipping company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the stock's share price in the near term. View News Stories for Scorpio Bulkers.

Are investors shorting Scorpio Bulkers?

Scorpio Bulkers saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,250,000 shares, a decline of 17.8% from the September 30th total of 1,520,000 shares. Based on an average trading volume of 382,100 shares, the days-to-cover ratio is currently 3.3 days. Approximately 2.1% of the company's stock are sold short. View Scorpio Bulkers' Current Options Chain.

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), Star Bulk Carriers (SBLK), Golden Ocean Group (GOGL), Scorpio Tankers (STNG), Ford Motor (F), General Electric (GE), Array Biopharma (ARRY), Micron Technology (MU), Advanced Micro Devices (AMD) and Arrowhead Pharmaceuticals (ARWR).

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 a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (1.31%), Millennium Management LLC (1.00%), Valueworks LLC (0.69%), California Public Employees Retirement System (0.25%), Bay Colony Advisory Group Inc d b a Bay Colony Advisors (0.23%) and Rhumbline Advisers (0.11%).

Which institutional investors are selling Scorpio Bulkers stock?

SALT stock was sold by a variety of institutional investors in the last quarter, including Valueworks LLC, Barclays PLC, Voya Investment Management LLC and Sippican Capital Advisors.

Which institutional investors are buying Scorpio Bulkers stock?

SALT stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Bay Colony Advisory Group Inc d b a Bay Colony Advisors, California Public Employees Retirement System, Rhumbline Advisers and State Street Corp.

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 $5.95.

How big of a company is Scorpio Bulkers?

Scorpio Bulkers has a market capitalization of $431.30 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 9 BOULEVARD CHARLES III, Monaco O9, MC98000. The shipping company can be reached via phone at (011)377 9798 5716.


MarketBeat Community Rating for Scorpio Bulkers (NYSE SALT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  358 (Vote Outperform)
Underperform Votes:  353 (Vote Underperform)
Total Votes:  711
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 12/8/2019 by MarketBeat.com Staff

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