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

$7.01
-0.06 (-0.85 %)
(As of 10/18/2019 06:00 AM ET)
Today's Range
$6.94
Now: $7.01
$7.34
50-Day Range
$5.86
MA: $6.47
$7.29
52-Week Range
$3.57
Now: $7.01
$7.67
Volume356,546 shs
Average Volume400,014 shs
Market Capitalization$508.14 million
P/E RatioN/A
Dividend Yield1.13%
Beta2.21
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$0.98 per share
Book Value$12.09 per share

Profitability

Net Income$-12,700,000.00

Miscellaneous

Employees6
Market Cap$508.14 million
Next Earnings Date10/23/2019 (Confirmed)
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 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.

How were Scorpio Bulkers' earnings last quarter?

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.

When is Scorpio Bulkers' next earnings date?

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

How can I listen to Scorpio Bulkers' earnings call?

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.

What price target have analysts set for SALT?

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.

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 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 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.

Are investors shorting 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.

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

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 retail and institutional investors. Top institutional investors include Sippican Capital Advisors (0.04%).

Which institutional investors are selling Scorpio Bulkers stock?

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

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 $7.01.

How big of a company is Scorpio Bulkers?

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.

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:  346 (Vote Outperform)
Underperform Votes:  336 (Vote Underperform)
Total Votes:  682
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 10/18/2019 by MarketBeat.com Staff

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