Scorpio Bulkers Stock Price, News & Analysis (NYSE:SALT)

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

Scorpio Bulkers declared a quarterly dividend on Monday, July 22nd. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.02 per share on Friday, September 13th. This represents a $0.08 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Wednesday, August 14th. View Scorpio Bulkers' Dividend History.

Scorpio Bulkers Inc (NYSE:SALT) announced its quarterly earnings results on Monday, July, 22nd. The shipping company reported ($0.15) earnings per share for the quarter, beating analysts' consensus estimates of ($0.18) by $0.03. The shipping company had revenue of $49.10 million for the quarter, compared to analysts' expectations of $48 million. Scorpio Bulkers had a net margin of 10.47% and a negative return on equity of 0.31%. The business's quarterly revenue was down 19.0% on a year-over-year basis. During the same period last year, the business posted $0.01 earnings per share. View Scorpio Bulkers' Earnings History.

Scorpio Bulkers is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Scorpio Bulkers.

Scorpio Bulkers will be holding an earnings conference call on Wednesday, October 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 Wall Street analysts have issued 12 month target prices for Scorpio Bulkers' shares. Their predictions range from $8.00 to $10.00. On average, they anticipate Scorpio Bulkers' share price to reach $8.88 in the next twelve months. This suggests a possible upside of 26.6% from the stock's current price. View Analyst Price Targets for Scorpio Bulkers.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scorpio Bulkers in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Scorpio Bulkers.

Media headlines about SALT stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Scorpio Bulkers earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave headlines about the shipping company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Scorpio Bulkers.

Scorpio Bulkers saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,940,000 shares, an increase of 6.6% from the August 30th total of 1,820,000 shares. Based on an average trading volume of 367,700 shares, the short-interest ratio is presently 5.3 days. Currently, 3.3% of the shares of the stock are sold short. View Scorpio Bulkers' Current Options Chain.

Some companies that are related to Scorpio Bulkers include Scorpio Tankers (STNG), Ship Finance International (SFL), DHT (DHT), Star Bulk Carriers (SBLK), PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), COSTAMARE INC/SH (CMRE), Dorian LPG (LPG), Navigator (NVGS), DryShips (DRYS), Teekay (TK), Genco Shipping & Trading (GNK), Diana Shipping (DSX), TSAKOS ENERGY N/SH (TNP) and Eagle Bulk Shipping (EGLE).

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), Array Biopharma (ARRY), Micron Technology (MU), General Electric (GE), Chesapeake Energy (CHK), Ford Motor (F) and Advanced Micro Devices (AMD).

Scorpio Bulkers' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Sippican Capital Advisors (0.04%).

SALT stock was sold by a variety of institutional investors in the last quarter, including Sippican Capital Advisors.

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.

One share of SALT stock can currently be purchased for approximately $7.01.

Scorpio Bulkers has a market capitalization of $508.14 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.

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

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.