Eneti, Inc. (NETI)

NYSE: NETI · IEX Real-Time Price · USD
6.23
-0.08 (-1.27%)
Jun 29, 2022 4:00 PM EDT - Market closed
-1.27%
Market Cap 253.80M
Revenue (ttm) 106.64M
Net Income (ttm) -17.49M
Shares Out 40.74M
EPS (ttm) -0.76
PE Ratio n/a
Forward PE 18.66
Dividend $0.04 (0.64%)
Ex-Dividend Date May 20, 2022
Volume 409,665
Open 6.34
Previous Close 6.31
Day's Range 6.12 - 6.34
52-Week Range 4.81 - 19.60
Beta 1.15
Analysts Buy
Price Target 13.02 (+109.0%)
Earnings Date Aug 16, 2022

About NETI

Eneti Inc. engages in the offshore wind and marine-based renewable energy businesses. It owns and operates five wind turbine installation vessels. The company was formerly known as Scorpio Bulkers Inc. and changed its name to Eneti Inc. in February 2021. Eneti Inc. was incorporated in 2013 and is based in Monaco. [Read more...]

Industry Marine
Founded 2013
CEO Emanuele Lauro
Employees 276
Stock Exchange NYSE
Ticker Symbol NETI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for NETI stock is "Buy." The 12-month stock price forecast is 13.02, which is an increase of 108.99% from the latest price.

Price Target
$13.02
(108.99% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Eneti Inc. Announces Purchase of Common Shares by Scorpio Holdings Limited

MONACO, June 24, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the “Company”) announced today that Scorpio Holdings Limited (“SHL”), a related party, has purchased 258,369 common shares of the Compan...

Wall Street Analysts See an 81% Upside in Eneti (NETI): Can the Stock Really Move This High?

The mean of analysts' price targets for Eneti (NETI) points to an 80.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in...

How Much Upside is Left in Eneti (NETI)? Wall Street Analysts Think 149%

The mean of analysts' price targets for Eneti (NETI) points to a 149.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in...

Eneti Stock Slips Post Q1 Results

Eneti Inc (NYSE: NETI) reported a first-quarter revenue decline of 62.5% year-over-year to $22.44 million, beating the consensus of $18.11 million. GAAP EPS was $0.11 versus $3.84 a year ago.

Eneti (NETI) Reports Q1 Loss, Tops Revenue Estimates

Eneti (NETI) delivered earnings and revenue surprises of 17.78% and 16.80%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Eneti Inc. Announces Financial Results for the First Quarter of 2022 and Declares a Quarterly Cash Dividend

MONACO, May 12, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE: NETI) (“Eneti” or the “Company”), today reported its results for the three months ended March 31, 2022.

Eneti Inc. Announces Contract Awards for Seajacks

MONACO, April 26, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE: NETI) (the “Company”) announced today that Seajacks UK Limited, a wholly-owned subsidiary of the Company and a leading provider of installati...

Eneti Inc. to Announce First Quarter 2022 Results and Have a Conference Call on May 12, 2022

MONACO, April 25, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE: NETI) (the “Company”) plans to announce first quarter 2022 financial results in a press release that will be issued before the market opens o...

Eneti Inc. Announces Availability of 2021 Annual Report on Form 20-F

MONACO, April 15, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE: NETI) (the “Company”) announced today that its Annual Report on Form 20-F for the year ended December 31, 2021 has been filed with the Securi...

3 Below Book Value Stocks Paying Dividends

On the bargain basement shelf and still returning cash to shareholders

Other symbols: AANCCS

Eneti Inc. Announces Purchase of Common Shares by the President of the Company

MONACO, April 06, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the “Company”) announced today that the President of the Company, Robert Bugbee, has recently purchased 40,000 common shares of the Com...

Eneti Inc. Announces the Signing of Its $175 Million Multicurrency Credit Facility, Will Participate in a Conference ...

MONACO, April 04, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the “Company”) announced today that it signed its $175.0 million multicurrency credit facility and will participate in two investor eve...

Eneti Inc. Announces a New Contract Award for Seajacks

MONACO, March 16, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the “Company”) announced today that Seajacks UK Limited, a wholly-owned subsidiary of the Company and a leading provider of installatio...

Eneti Inc. Announces Purchase of Call Options by the President of the Company and Purchase of Common Shares by Scorpi...

MONACO, March 03, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the “Company”) announced today that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 57,200 c...

Eneti Inc. Announces Purchase of Call Options by the President of the Company

MONACO, March 02, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the “Company”) announced today that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 100,000 ...

Eneti Inc. Announces Purchase of Common Shares by the President of the Company and by Scorpio Holdings Limited

MONACO, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the “Company”) announced today that the President of the Company, Robert Bugbee, has recently purchased 120,000 common shares of the Com...

Eneti (NETI) Reports Q4 Loss, Lags Revenue Estimates

Eneti (NETI) delivered earnings and revenue surprises of -91.84% and 14.08%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Eneti Inc. Announces Financial Results for the Fourth Quarter of 2021 and Declares a Quarterly Cash Dividend

MONACO, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE: NETI) (“Eneti” or the “Company”), today reported its results for the three months ended December 31, 2021.

Seajacks Opens Office in Virginia Beach

MONACO, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Seajacks UK Limited, a wholly-owned subsidiary of Eneti Inc. (NYSE: NETI) and a leading provider of installation and maintenance vessels to the offshore wind se...

Eneti Inc. to Announce Fourth Quarter 2021 Results

MONACO, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE: NETI) (the “Company”) plans to announce fourth quarter 2021 financial results in a press release that will be issued before the market opens o...

Eneti Inc. Announces a Commitment for a Five-Year $175 million Multicurrency Senior Secured Green Term Loan and Revol...

MONACO, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the “Company”) announced today that it has received commitments from DNB Capital LLC, Societe Generale, Citibank N.A., Credit Agricole C...

Eneti Inc. Announces It Has Discontinued Its Discussions With A US Shipyard To Turbine Installation Vessel; Co. Annou...

Eneti Inc. (NYSE: NETI) (the "Company") announced today that it has discontinued discussions with a shipyard in the United States to build a Jones Act-compliant Wind Turbine Installation Vessel. Emanuel...

Eneti Inc. Announces It Has Discontinued Its Discussions With a U.S. Shipyard and Announces New Contract Awards for S...

MONACO, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the “Company”) announced today that it has discontinued discussions with a shipyard in the United States to build a Jones Act-compliant ...

Eneti (NETI) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

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

ENETI Inc. to Participate at Capital Link's Corporate Presentation Series

MONACO, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the “Company”) an offshore wind and marine-based renewable energy company, announced today that it will participate in Capital Link's Co...