Eagle Bulk Shipping Inc. (EGLE)

NASDAQ: EGLE · Delayed Price · USD
67.61
2.49 (3.82%)
At close: May 19, 2022 4:00 PM
67.62
0.01 (0.01%)
After-hours:May 19, 2022 7:24 PM EDT
Market Cap925.78M
Revenue (ttm)682.36M
Net Income (ttm)228.12M
Shares Out13.69M
EPS (ttm)13.57
PE Ratio4.98
Forward PE3.58
Dividend$6.05 (8.95%)
Ex-Dividend DateMay 13, 2022
Volume321,006
Open64.16
Previous Close65.12
Day's Range63.69 - 69.08
52-Week Range36.18 - 72.24
Beta1.29
AnalystsBuy
Price Target79.66 (+17.8%)
Earnings DateMay 5, 2022

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, 2021, the company owned and operated a fleet of 53 vessels. Eagle Bulk Shipping Inc. was incorporated in 2005 and is headquartered in Stamford, Connecticut.

IndustryMarine
IPO DateJun 22, 2005
CEOGary Vogel
Employees1,000
Stock ExchangeNASDAQ
Ticker SymbolEGLE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for EGLE stock is "Buy." The 12-month stock price forecast is 79.66, which is an increase of 17.82% from the latest price.

Price Target
$79.66
(17.82% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Stocks Crushing the S&P 500 in 2022

Stocks in the Zacks Transportation - Shipping Industry have been hot year-to-date, tallying nearly a 30% return and easily crushing the S&P 500's decline of 15%.

Other symbols:GRINSBLK
3 days ago - Zacks Investment Research

Are Transportation Stocks Lagging Eagle Bulk Shipping (EGLE) This Year?

Here is how Eagle Bulk Shipping (EGLE) and Ardmore Shipping (ASC) have performed compared to their sector so far this year.

3 days ago - Zacks Investment Research

Shipping stocks take another beating, sinking by double digits

Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China's economy, oil de...

1 week ago - FreightWaves

Are Investors Undervaluing Eagle Bulk Shipping (EGLE) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 week ago - Zacks Investment Research

Here's Why "Trend" Investors Would Love Betting on Eagle Bulk Shipping (EGLE)

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.

1 week ago - Zacks Investment Research

Eagle Bulk Shipping Inc. Publishes 2022 ESG Sustainability Report

STAMFORD, Conn., May 09, 2022 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq: EGLE) (“Eagle Bulk”, “Eagle”, or the “Company”), one of the world's largest owner-operators within the midsize drybulk...

1 week ago - GlobeNewsWire

Defense Wins Ballgames; 3 Stocks That Will Bulletproof a Portfolio

Believe it or not, there have been plenty of stocks throughout 2022 that have yielded investors considerable gains while easily outpacing the general market.

Other symbols:DVNZIM
1 week ago - Zacks Investment Research

Eagle Bulk Shipping (EGLE) Surpasses Q1 Earnings and Revenue Estimates

Eagle Bulk Shipping (EGLE) delivered earnings and revenue surprises of 0.25% and 4.33%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Eagle Bulk Shipping Inc. Reports Results for the First Quarter of 2022

STAMFORD, Conn., May 05, 2022 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk,” “Eagle” or the “Company”), one of the world's largest owner-operators within the midsize drybulk ...

2 weeks ago - GlobeNewsWire

Best Value Stocks to Buy for May 5th

BVH, VALE, and EGLE made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 5, 2022.

Other symbols:BVHVALE
2 weeks ago - Zacks Investment Research

Best Income Stocks to Buy for May 5th

EGLE, FLMN, and YY made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 5, 2022.

Other symbols:FLMNYY
2 weeks ago - Zacks Investment Research

New Strong Buy Stocks for May 5th

PERI, CVX, ATCX, ARCB, and EGLE have been added to the Zacks Rank #1 (Strong Buy) List on May 5, 2022.

Other symbols:ARCBATCXCVXPERI
2 weeks ago - Zacks Investment Research

What's in Store for Eagle Bulk (EGLE) This Earnings Season?

While strength in the dry bulk market is expected to have aided Eagle Bulk's (EGLE) Q1 performance, high costs might have partly hurt the bottom line.

2 weeks ago - Zacks Investment Research

Bet on 4 Prospective Shipping Stocks in a Promising Industry

Investors interested in the Zacks Transportation --Shipping industry should consider adding stocks like Golar LNG (GLNG), Global Ship Lease (GSL), Eagle Bulk Shipping (EGLE) and EuroDry (EDRY) to their ...

Other symbols:EDRYGLNGGSL
2 weeks ago - Zacks Investment Research

Shipping stocks in crosshairs as fears mount on China, war, inflation

Shipping stocks fell sharply on Monday as Wall Street's main indexes closed higher. Multiple shipping names sank by double digits, adding to last week's pullback.

Other symbols:EDRYGNKGOGLNAT
3 weeks ago - FreightWaves

25 Dividend Stocks To Buy High, Sell Higher

What's fueling this surge among higher-income stocks?

Other symbols:MOOGE
1 month ago - Forbes

Is Eagle Bulk Shipping (EGLE) Stock Outpacing Its Transportation Peers This Year?

Here is how Eagle Bulk Shipping (EGLE) and Golden Ocean Group (GOGL) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Strength Seen in Eagle Bulk Shipping (EGLE): Can Its 6.6% Jump Turn into More Strength?

Eagle Bulk Shipping (EGLE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price in...

1 month ago - Zacks Investment Research

Eagle Bulk Shipping Inc. to Issue First Quarter 2022 Results and Hold Investor Conference Call

STAMFORD, Conn., April 07, 2022 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq: EGLE) , one of the world's largest owner-operators within the midsize drybulk segment, announced today that it will ...

1 month ago - GlobeNewsWire

Eagle Bulk Shipping (EGLE) Flat As Market Gains: What You Should Know

Eagle Bulk Shipping (EGLE) closed the most recent trading day at $65.89, making no change from the previous trading session.

1 month ago - Zacks Investment Research

Cruise Along in the Market With These 3 Shipping Stocks

The Zacks Transportation - Shipping Industry has a year-to-date return of nearly 35% with high-quality companies leading the way.

Other symbols:GSLZIM
1 month ago - Zacks Investment Research

Eagle Bulk Shipping (EGLE) Is Up 18.98% in One Week: What You Should Know

Does Eagle Bulk Shipping (EGLE) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - Zacks Investment Research

Can Eagle Bulk Shipping (EGLE) Climb 27% to Reach the Level Wall Street Analysts Expect?

The mean of analysts' price targets for Eagle Bulk Shipping (EGLE) points to a 26.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement amon...

2 months ago - Zacks Investment Research

Why Eagle Bulk Shipping (EGLE) Might be Well Poised for a Surge

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

2 months ago - Zacks Investment Research

Recent Price Trend in Eagle Bulk Shipping (EGLE) is Your Friend, Here's Why

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