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

$3.08
-0.21 (-6.38 %)
(As of 02/25/2020 07:30 AM ET)
Today's Range
$3.06
Now: $3.08
$3.24
50-Day Range
$3.08
MA: $4.38
$6.34
52-Week Range
$3.06
Now: $3.08
$7.78
Volume768,825 shs
Average Volume639,976 shs
Market Capitalization$223.25 million
P/E Ratio4.89
Dividend Yield2.43%
Beta2.25
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$224.58 million
Cash Flow$1.97 per share
Book Value$12.07 per share

Profitability

Net Income$44.65 million

Miscellaneous

Employees6
Market Cap$223.25 million
Next Earnings Date5/4/2020 (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 declared a quarterly dividend on Tuesday, January 28th. Shareholders of record on Friday, February 14th will be given a dividend of $0.02 per share on Friday, March 13th. This represents a $0.08 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend is Thursday, February 13th. View Scorpio Bulkers' Dividend History.

How were Scorpio Bulkers' earnings last quarter?

Scorpio Bulkers Inc (NYSE:SALT) released its quarterly earnings results on Monday, January, 27th. The shipping company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.53. The shipping company earned $60.30 million during the quarter, compared to analyst estimates of $61.99 million. Scorpio Bulkers had a net margin of 20.03% and a return on equity of 3.68%. The business's quarterly revenue was down 7.5% on a year-over-year basis. During the same quarter last year, the firm 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, May 4th 2020. View Earnings Estimates for Scorpio Bulkers.

What price target have analysts set for SALT?

5 analysts have issued 1-year price targets for Scorpio Bulkers' shares. Their forecasts range from $5.00 to $9.00. On average, they expect Scorpio Bulkers' share price to reach $6.80 in the next twelve months. This suggests a possible upside of 120.8% from the stock's current price. View Analyst Price Targets for Scorpio Bulkers.

What is the consensus analysts' recommendation for 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.

Has Scorpio Bulkers been receiving favorable news coverage?

Media coverage about SALT stock has been trending neutral this week, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. 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 daily sentiment score of 0.4 on InfoTrie's scale. They also gave news coverage about the shipping company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact 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), Star Bulk Carriers (SBLK), Golden Ocean Group (GOGL), Energy Transfer LP Unit (ET), Scorpio Tankers (STNG), Whiting Petroleum (WLL), Capital Product Partners (CPLP), AbbVie (ABBV), Ford Motor (F) and General Electric (GE).

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 number of of institutional and retail investors. Top institutional shareholders include Evermore Global Advisors LLC (8.00%), Renaissance Technologies LLC (2.68%), Bank of New York Mellon Corp (2.10%), Hosking Partners LLP (1.39%), State Street Corp (1.33%) and FMR LLC (1.31%).

Which institutional 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, Evermore Global Advisors LLC, AQR Capital Management LLC, Valueworks LLC, Hosking Partners LLP, Hourglass Capital LLC, New York State Common Retirement Fund and Acadian Asset Management LLC.

Which institutional investors are buying Scorpio Bulkers stock?

SALT stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Cadence Capital Management LLC, Jeereddi Investments LP, Renaissance Technologies LLC, Goldman Sachs Group Inc., Campbell & CO Investment Adviser LLC, UBS Group AG and Barclays PLC.

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 $3.08.

How big of a company is Scorpio Bulkers?

Scorpio Bulkers has a market capitalization of $223.25 million and generates $224.58 million in revenue each year. The shipping company earns $44.65 million in net income (profit) each year or $1.19 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:  372 (Vote Outperform)
Underperform Votes:  368 (Vote Underperform)
Total Votes:  740
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 2/25/2020 by MarketBeat.com Staff

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