Skip to main content

Eagle Bulk Shipping Inc. (EGLE)

NASDAQ: EGLE · Delayed Price · USD
48.80
-1.78 (-3.52%)
Pre-market:Sep 20, 2021 7:14 AM EDT
50.58
-2.03 (-3.86%)
At close: Sep 17, 4:00 PM
Market Cap680.80M
Revenue (ttm)369.79M
Net Income (ttm)8.03M
Shares Out12.17M
EPS (ttm)0.72
PE Ratio70.25
Forward PE4.66
Dividendn/a
Ex-Dividend Daten/a
Volume208,189
Open52.54
Previous Close52.61
Day's Range50.55 - 53.68
52-Week Range13.61 - 56.47
Beta1.66
AnalystsStrong Buy
Price Target57.97 (+14.6%)
Est. Earnings DateNov 4, 2021

About EGLE

Eagle Bulk Shipping Inc. engages in the ocean transportation of dry bulk cargoes worldwide. The company owns, charters, and operates dry bulk vessels that transport a range of bulk cargoes, including iron ore, coal, grains, fertilizers, steel products, petcoke, cement, and forest products. It serves miners, producers, traders, and end users. As of December 31, 2020, it operated a fleet of 45 vessels. Eagle Bulk Shipping Inc. was founded in 2005 and is headquartered in Stamford, Connecticut.

IndustryMarine
IPO DateJun 22, 2005
CEOGary Vogel
Employees900
Stock ExchangeNASDAQ
Ticker SymbolEGLE
Full Company Profile

Financial Performance

In 2020, EGLE's revenue was $275.13 million, a decrease of -5.90% compared to the previous year's $292.38 million. Losses were -$35.06 million, 61.6% more than in 2019.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for EGLE stock is "Strong Buy." The 12-month stock price forecast is 57.97, which is an increase of 14.61% from the latest price.

Price Target
$57.97
(14.61% upside)
Analyst Consensus: Strong Buy

News

Eagle Bulk Shipping Inc. Takes Delivery of M/V Antwerp Eagle

STAMFORD, Conn., Sept. 17, 2021 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world's largest owner-operators within the Supramax / Ult...

2 days ago - GlobeNewsWire

Top 6 Small Hidden Gems That Have Surged in the Past Month

We have narrowed down our search to six small business operators that have surged in the past month and have more upside left for the rest of 2021. These are: GDP, BBW, BVH, AOSL, EGLE and GNK.

Other symbols:AOSLBBWBVHGDPGNK
4 days ago - Zacks Investment Research

Can Eagle Bulk Shipping (EGLE) Run Higher on Rising Earnings Estimates?

Eagle Bulk Shipping (EGLE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 weeks ago - Zacks Investment Research

Eagle Bulk Shipping (EGLE) Is a Great Choice for "Trend" Investors, Here's Why

Eagle Bulk Shipping (EGLE) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed thro...

3 weeks ago - Zacks Investment Research

4 Shipping Stocks to Buy on Economic Recovery-Led Demand Uptick

With the global economy on the mend, trading volumes should remain high. This scenario bodes well for the Zacks Transportation-Shipping industry, which comprises stocks like Star Bulk (SBLK), Costamare ...

Other symbols:CMREGNKSBLK
1 month ago - Zacks Investment Research

The shipping industry is seeing a cascading impact of the pandemic, expert says

Michelle Wiese Bockmann, analyst at Lloyd's List, discusses shipping blockages.

1 month ago - CNBC International TV

Eagle Bulk Shipping (EGLE) Lags Q2 Earnings Estimates

Eagle Bulk Shipping (EGLE) delivered earnings and revenue surprises of -2.59% and 8.29%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Eagle Bulk Shipping Inc. Reports Second Quarter 2021 Results

STAMFORD, Conn., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world's largest owner-operators within the drybulk vessel ...

1 month ago - GlobeNewsWire

Eagle Bulk Shipping (EGLE) Reports Next Week: Wall Street Expects Earnings Growth

Eagle Bulk Shipping (EGLE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Eagle Bulk Shipping Inc. to Issue Second Quarter 2021 Results and Hold Investor Conference Call

STAMFORD, Conn., July 09, 2021 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq: EGLE) will report its financial results for the second quarter ended June 30, 2021, after the close of stock market t...

2 months ago - GlobeNewsWire

These stocks could benefit from severe disruptions in global supply chains

Supply chains have been disrupted by a slew of issues right as a resurgence in trade and strong demand for commodities meant more goods needed to be moved.

Other symbols:DSXGNKGOGLSBLK
2 months ago - CNBC

Eagle Bulk Shipping Inc. Publishes 2021 ESG Sustainability Report

STAMFORD, Conn., July 01, 2021 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk,” “Eagle” or the “Company”), one of the world's largest owner-operators within the Supramax / Ultr...

2 months ago - GlobeNewsWire

Eagle Bulk Shipping Inc. Announces the Upsize and Pricing of Secondary Public Offering of Common Stock

STAMFORD, Conn., June 29, 2021 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk” or the “Company”), one of the world's largest owner-operators within the Supramax / Ultramax dryb...

2 months ago - GlobeNewsWire

Eagle Bulk Shipping Inc. Announces Secondary Public Offering of Common Stock

STAMFORD, Conn., June 29, 2021 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk” or the “Company”), one of the world's largest owner-operators within the Supramax / Ultramax dryb...

2 months ago - GlobeNewsWire

What Makes Eagle Bulk Shipping (EGLE) a Good Fit for "Trend Investing"

If you are looking for stocks that are well positioned to maintain their recent uptrend, Eagle Bulk Shipping (EGLE) could be a great choice. It is one of the several stocks that passed through our "Rece...

2 months ago - Zacks Investment Research

Eagle Bulk Shipping Inc. Acquires Two Modern Ultramax Bulkcarriers

STAMFORD, Conn., June 02, 2021 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk,” “Eagle” or the “Company”), one of the world's largest owner-operators within the Supramax / Ultr...

3 months ago - GlobeNewsWire

Eagle Bulk Shipping (EGLE) is on the Move, Here's Why the Trend Could be Sustainable

Eagle Bulk Shipping (EGLE) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

3 months ago - Zacks Investment Research

Can the Uptrend Continue for Eagle Bulk Shipping (EGLE)?

As of late, it has definitely been a great time to be an investor of Eagle Bulk Shipping (EGLE)

3 months ago - Zacks Investment Research

Eagle Bulk Shipping (EGLE) Moves 7.8% Higher: Will This Strength Last?

Eagle Bulk Shipping (EGLE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

4 months ago - Zacks Investment Research

Shipping Stocks Are Ripe for the Picking

As the global economy bounces back from the pandemic, trading volumes should remain high, leading to continued strength in the industry in the foreseeable future.

Other symbols:ESEAGNKNMMSBLKZIM
4 months ago - Zacks Investment Research

These High Earnings Yield Stocks Could Yield Huge Returns

Firms with higher earnings yield are considered underpriced, while those with lower earnings yield are seen as overpriced. Invest in LPL, DOW, EGLE, HWC, FRG for handsome rewards.

Other symbols:DOWFRGHWCLPL
4 months ago - Zacks Investment Research

Why Diana Shipping, Eagle Bulk Shipping, and Star Bulk Carriers Stocks All Jumped Today

The Baltic Dry Index stumbled yesterday, but the tide should keep rising for at least another quarter.

Other symbols:DSXSBLK
4 months ago - The Motley Fool

Eagle Bulk Shipping (EGLE) Surpasses Q1 Earnings Estimates

Eagle Bulk Shipping (EGLE) delivered earnings and revenue surprises of 16.67% and -9.68%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Eagle Bulk Shipping Inc. Reports First Quarter 2021 Results

STAMFORD, Conn., May 06, 2021 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world's largest owner-operators within the Supramax / Ultra...

4 months ago - GlobeNewsWire

Top Ranked Momentum Stocks to Buy for May 5th

Top Ranked Momentum Stocks to Buy for May 5th

Other symbols:GWBHAFCHUN
4 months ago - Zacks Investment Research