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

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

Scorpio Bulkers declared 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 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date is Thursday, November 14th. View Scorpio Bulkers' Dividend History.

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

Scorpio Bulkers is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for Scorpio Bulkers.

Scorpio Bulkers will be holding an earnings conference call on Monday, January 27th 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 analysts have issued 12-month target prices for Scorpio Bulkers' shares. Their forecasts range from $8.00 to $9.00. On average, they expect Scorpio Bulkers' stock price to reach $8.50 in the next year. This suggests a possible upside of 80.5% 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 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Scorpio Bulkers.

Media stories about SALT stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Scorpio Bulkers earned a news impact score of 0.9 on InfoTrie's scale. They also gave media coverage about the shipping company a news buzz of 10.0 out of 10, meaning that recent press 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.

Scorpio Bulkers saw a decrease in short interest in December. As of December 13th, there was short interest totalling 880,600 shares, a decrease of 15.3% from the November 28th total of 1,040,000 shares. Based on an average daily volume of 379,300 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.5% of the company's stock are sold short. View Scorpio Bulkers' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Scorpio Bulkers investors own include Omeros (OMER), Star Bulk Carriers (SBLK), Scorpio Tankers (STNG), Energy Transfer LP Unit (ET), Ford Motor (F), General Electric (GE), Whiting Petroleum (WLL), Advanced Micro Devices (AMD), Golden Ocean Group (GOGL) and AbbVie (ABBV).

Scorpio Bulkers' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Campbell & CO Investment Adviser LLC (0.06%).

SALT stock was acquired by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC.

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 $4.71.

Scorpio Bulkers has a market capitalization of $341.42 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.