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

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$6.54 +0.22 (+3.48 %)
(As of 10/23/2018 03:52 AM ET)
Previous Close$6.32
Today's Range$6.21 - $6.74
52-Week Range$6.12 - $8.85
Volume1.21 million shs
Average Volume486,718 shs
Market Capitalization$480.07 million
P/E Ratio-11.47
Dividend Yield1.28%
Beta3.02
Scorpio Bulkers Inc., a shipping company, owns and operates dry bulk carriers. Its vessels transport a range of bulk commodities, including ores, coal, grains, and fertilizers along worldwide shipping routes. As of December 31, 2017, the company owned or finance leased 55 vessels comprising 18 Kamsarmax vessels and 37 Ultramax vessels. Scorpio Bulkers Inc. was founded in 2013 and is based in Monaco, Monaco.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
SymbolNYSE:SALT
CUSIPN/A
Phone377-9798-5715

Debt

Debt-to-Equity Ratio0.71
Current Ratio0.91
Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio-11.47
Forward P/E Ratio59.45
P/E GrowthN/A

Sales & Book Value

Annual Sales$162.21 million
Price / Sales3.06
Cash Flow$0.3549 per share
Price / Cash18.43
Book Value$12.25 per share
Price / Book0.53

Profitability

EPS (Most Recent Fiscal Year)($0.57)
Net Income$-59,720,000.00
Net Margins-8.17%
Return on Equity-1.84%
Return on Assets-1.06%

Miscellaneous

Employees6
Outstanding Shares75,960,000
Market Cap$480.07 million

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 Tuesday, July 24th. Investors of record on Wednesday, August 15th will be given a dividend of $0.02 per share on Friday, August 31st. This represents a $0.08 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Tuesday, August 14th. View Scorpio Bulkers' Dividend History.

How will Scorpio Bulkers' stock buyback program work?

Scorpio Bulkers declared that its board has initiated a share repurchase plan on Thursday, September 14th 2017, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 10.2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its stock is undervalued.

How were Scorpio Bulkers' earnings last quarter?

Scorpio Bulkers Inc (NYSE:SALT) announced its earnings results on Monday, October, 22nd. The shipping company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by $0.01. The shipping company had revenue of $62.40 million for the quarter, compared to analyst estimates of $62.66 million. Scorpio Bulkers had a negative net margin of 8.17% and a negative return on equity of 1.84%. Scorpio Bulkers's revenue for the quarter was up 61.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.15) EPS. View Scorpio Bulkers' Earnings History.

What price target have analysts set for SALT?

7 Wall Street analysts have issued 1 year target prices for Scorpio Bulkers' shares. Their forecasts range from $8.00 to $13.00. On average, they anticipate Scorpio Bulkers' stock price to reach $9.7143 in the next year. This suggests a possible upside of 48.5% from the stock's current price. View Analyst Price Targets for Scorpio Bulkers.

What is the consensus analysts' recommendation for Scorpio Bulkers?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scorpio Bulkers in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Scorpio Bulkers.

Who are some of Scorpio Bulkers' key competitors?

Who are Scorpio Bulkers' key executives?

Scorpio Bulkers' management team includes the folowing people:
  • Mr. Emanuele A. Lauro, Co-Founder, Chairman & CEO (Age 39)
  • Mr. Robert L. Bugbee, Co-Founder, Pres & Director (Age 58)
  • Mr. Hugh Baker, Chief Financial Officer (Age 50)
  • Mr. Cameron L. Mackey, Chief Operating Officer (Age 50)
  • Ms. Anoushka Kachelo, Corp. Sec. (Age 38)

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 $6.54.

How big of a company is Scorpio Bulkers?

Scorpio Bulkers has a market capitalization of $480.07 million and generates $162.21 million in revenue each year. The shipping company earns $-59,720,000.00 in net income (profit) each year or ($0.57) 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 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:  2.6 out of 5 (star star)
Outperform Votes:  296 (Vote Outperform)
Underperform Votes:  275 (Vote Underperform)
Total Votes:  571
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 10/23/2018 by MarketBeat.com Staff

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