How to buy Eagle Bulk Shipping stock (EGLE)

Eagle Bulk Shipping is a marine shipping business based in the US. Eagle Bulk Shipping shares (EGLE) are listed on the NYSE and all prices are listed in US Dollars. Eagle Bulk Shipping employs 1,025 staff and has a trailing 12-month revenue of around $393.8 million.

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Eagle Bulk Shipping stock price (NYSE: EGLE)

Use our graph to track the performance of EGLE stocks over time.

Eagle Bulk Shipping shares at a glance

• Key figures

Information last updated 2024-06-30.

52-week range	$52.39 - $64.98
50-day moving average more info button	$60.29
200-day moving average more info button	$49.55
Wall St. target price	$61.29
PE ratio more info button	31.9388
Dividend yield more info button	$1.38 (2.19%)
Earnings per share (TTM) more info button	$1.96

Is it a good time to buy Eagle Bulk Shipping stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Eagle Bulk Shipping stock undervalued or overvalued?

Valuing Eagle Bulk Shipping stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Eagle Bulk Shipping's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Eagle Bulk Shipping's P/E ratio

Eagle Bulk Shipping's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 32x. In other words, Eagle Bulk Shipping shares trade at around 32x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Eagle Bulk Shipping's EBITDA

Eagle Bulk Shipping's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $72.5 million.

The EBITDA is a measure of a Eagle Bulk Shipping's overall financial performance and is widely used to measure a its profitability.

Eagle Bulk Shipping financials

Revenue TTM	$393.8 million
Operating margin TTM	19.46%
Gross profit TTM	$351.4 million
Return on assets TTM	1.36%
Return on equity TTM	3.2%
Profit margin	5.77%
Book value	$64.36
Market Capitalization more info button	$693.2 million

TTM: trailing 12 months

Eagle Bulk Shipping share dividends

Dividend payout ratio: 121.05% of net profits

Recently Eagle Bulk Shipping has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Eagle Bulk Shipping shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Eagle Bulk Shipping's case, that would currently equate to about $1.38 per share.

Eagle Bulk Shipping's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Eagle Bulk Shipping's most recent dividend payout was on 20 March 2024. The latest dividend was paid out to all shareholders who bought their shares by 11 March 2024 (the "ex-dividend date").

Have Eagle Bulk Shipping's shares ever split?

Eagle Bulk Shipping's shares were split on a 1:7 basis on 14 September 2020 . So if you had owned 7 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Eagle Bulk Shipping shares – just the quantity. However, indirectly, the new 600% higher share price could have impacted the market appetite for Eagle Bulk Shipping shares which in turn could have impacted Eagle Bulk Shipping's share price.

Eagle Bulk Shipping share price volatility

Over the last 12 months, Eagle Bulk Shipping's shares have ranged in value from as little as $52.3911 up to $64.98. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Eagle Bulk Shipping's is 1.495. This would suggest that Eagle Bulk Shipping's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Eagle Bulk Shipping overview

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, and cement. It serves miners, producers, traders, and end users. As of December 31, 2023, the company owned and operated a fleet of 52 vessels. Eagle Bulk Shipping Inc. was incorporated in 2005 and is headquartered in Stamford, Connecticut.

Frequently asked questions

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What percentage of Eagle Bulk Shipping is owned by insiders or institutions?
Currently 29.043% of Eagle Bulk Shipping shares are held by insiders and 66.931% by institutions. How many people work for Eagle Bulk Shipping?
Latest data suggests 1,025 work at Eagle Bulk Shipping. When does the fiscal year end for Eagle Bulk Shipping?
Eagle Bulk Shipping's fiscal year ends in December. Where is Eagle Bulk Shipping based?
Eagle Bulk Shipping's address is: 300 First Stamford Place, Stamford, CT, United States, 06902 What is Eagle Bulk Shipping's ISIN number?
Eagle Bulk Shipping's international securities identification number is: MHY2187A1507 What is Eagle Bulk Shipping's CUSIP number?
Eagle Bulk Shipping's Committee on Uniform Securities Identification Procedures number is: Y2187A101