How does EGLE's PE Ratio compare to its peers?

EGLE is expensive based on its Price-To-Earnings Ratio (30.5x) compared to the peer average (9.6x).

How does EGLE's PE Ratio compare vs other companies in the US Shipping Industry?

EGLE is expensive based on its Price-To-Earnings Ratio (30.5x) compared to the US Shipping industry average (8.1x).

What is EGLE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EGLE is expensive based on its Price-To-Earnings Ratio (30.5x) compared to the estimated Fair Price-To-Earnings Ratio (21.2x).

What is the Fair Price of EGLE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

EGLE ($62.6) is trading below our estimate of [[fair value]] ($207.3)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is lower than the current share price.

Eagle Bulk Shipping (NYSE:EGLE) - Stock Price, News & Analysis

EGLE Stock Overview

Eagle Bulk Shipping Inc. engages in the ocean transportation of dry bulk cargoes worldwide. More details

EGLE fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	1/6
Financial Health	0/6
Dividends	2/6

Rewards

Trading at 69.8% below our estimate of its fair value

Earnings are forecast to grow 43.76% per year

Risk Analysis

Interest payments are not well covered by earnings

Profit margins (5.8%) are lower than last year (34.5%)

Large one-off items impacting financial results

Dividend of 2.2% is not well covered by cash flows

Eagle Bulk Shipping Inc. Competitors

Global Ship Lease

NYSE:GSL

US$838.2m

Genco Shipping & Trading

NYSE:GNK

US$755.1m

Safe Bulkers

NYSE:SB

US$455.9m

Capital Clean Energy Carriers

NasdaqGS:CCEC

US$1.1b

Price History & Performance

Summary of all time highs, changes and price drops for Eagle Bulk Shipping
Historical stock prices
Current Share Price	US$62.60
52 Week High	US$65.09
52 Week Low	US$39.15
Beta	1.48
11 Month Change	-2.89%
3 Month Change	17.14%
1 Year Change	40.77%
33 Year Change	76.54%
5 Year Change	72.98%
Change since IPO	-97.17%

Recent updates

Eagle Bulk Shipping Inc. (NYSE:EGLE) Looks Inexpensive But Perhaps Not Attractive Enough

Mar 09

We Like Eagle Bulk Shipping's (NYSE:EGLE) Returns And Here's How They're Trending

Feb 24

Eagle Bulk Shipping: A Mid-Sized Vessel Specialist With An Edge

Feb 23

Eagle Bulk: Midsize Dry Bulk Market Update (Podcast Transcript)

Feb 02

Is It Too Late To Consider Buying Eagle Bulk Shipping Inc. (NYSE:EGLE)?

Jan 31

Eagle Bulk's Fortunes Are Likely To Turn Soon

Jan 25

Eagle Bulk Shipping buys Ultramax bulkcarrier for $24.3M

Jan 05

Here's Why We Think Eagle Bulk Shipping (NASDAQ:EGLE) Might Deserve Your Attention Today

Nov 20

Eagle Bulk Shipping's Modern Fleet Pays For Its Dividend, Debt Cost And Your Vacation

Oct 20

Eagle Bulk Shipping (NASDAQ:EGLE) Has A Pretty Healthy Balance Sheet

Sep 28

Eagle Bulk Shipping buys Ultramax bulkcarrier for $27.5M

Sep 13

Eagle Bulk Shipping Dividend In Light Of Shipping Rate Declines

Sep 07

Eagle Bulk Shipping: Total Return Potential Points To A Strong Sustainable Dividend

Aug 18

New Forecasts: Here's What Analysts Think The Future Holds For Eagle Bulk Shipping Inc. (NASDAQ:EGLE)

Aug 09

Why The 30% Return On Capital At Eagle Bulk Shipping (NASDAQ:EGLE) Should Have Your Attention

Aug 05

Eagle Bulk Shipping Non-GAAP EPS of $5.77 beats by $1.05, revenue of $198.7M beats by $41.33M

Aug 04

Eagle Bulk Shipping: A Risky Shipping Play

Jul 19

What Is Eagle Bulk Shipping Inc.'s (NASDAQ:EGLE) Share Price Doing?

Jul 08

Eagle Bulk Shipping A Strong Buy For Profits And Dividends

May 24

Analysts Just Made A Captivating Upgrade To Their Eagle Bulk Shipping Inc. (NASDAQ:EGLE) Forecasts

May 11

Here's Why Eagle Bulk Shipping (NASDAQ:EGLE) Can Manage Its Debt Responsibly

May 08

Shareholder Returns

	EGLE	US Shipping	US Market
7D	1.3%	-0.1%	-2.1%
1Y	40.8%	52.5%	29.6%

Return vs Industry: EGLE exceeded the US Shipping industry which returned 31.8% over the past year.

Return vs Market: EGLE exceeded the US Market which returned 25.9% over the past year.

Price Volatility

Is EGLE's price volatile compared to industry and market?
EGLE volatility
EGLE Average Weekly Movement	4.0%
Shipping Industry Average Movement	4.9%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	3.1%

Stable Share Price: EGLE has not had significant price volatility in the past 3 months.

Volatility Over Time: EGLE's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2005	1,025	Gary Vogel	www.eagleships.com

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.

Eagle Bulk Shipping Inc. Fundamentals Summary

How do Eagle Bulk Shipping's earnings and revenue compare to its market cap?
EGLE fundamental statistics
Market cap	US$693.16m
Earnings (TTM)	US$22.73m
Revenue (TTM)	US$393.80m

30.5x

P/E Ratio

1.8x

P/S Ratio

Is EGLE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EGLE income statement (TTM)
Revenue	US$393.80m
Cost of Revenue	US$263.68m
Gross Profit	US$130.12m
Other Expenses	US$107.39m
Earnings	US$22.73m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	2.05
Gross Margin	33.04%
Net Profit Margin	5.77%
Debt/Equity Ratio	80.9%

How did EGLE perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

67%

Payout Ratio

EGLE Stock Overview

Rewards

Risk Analysis

Eagle Bulk Shipping Inc. Competitors

NYSE:GSL

US$838.2m

NYSE:GNK

US$755.1m

NYSE:SB

US$455.9m

NasdaqGS:CCEC

US$1.1b

Price History & Performance

Recent News & Updates

Eagle Bulk Shipping Inc. has withdrawn its Follow-on Equity Offering in the amount of $50 million.

Star Bulk Carriers Corp. (NasdaqGS:SBLK) completed the acquisition of Eagle Bulk Shipping Inc. (NYSE:EGLE) from Dimensional Fund Advisors LP, Lazard Asset Management LLC, Tigerstaden AS and others.

Consensus EPS estimates increase by 28%, revenue downgraded

Upcoming dividend of US$0.60 per share

Fourth quarter dividend of US$0.60 announced

Full year 2023 earnings: EPS exceeds analyst expectations

Recent updates

Eagle Bulk Shipping Inc. has withdrawn its Follow-on Equity Offering in the amount of $50 million.

Star Bulk Carriers Corp. (NasdaqGS:SBLK) completed the acquisition of Eagle Bulk Shipping Inc. (NYSE:EGLE) from Dimensional Fund Advisors LP, Lazard Asset Management LLC, Tigerstaden AS and others.

Consensus EPS estimates increase by 28%, revenue downgraded

Upcoming dividend of US$0.60 per share

Fourth quarter dividend of US$0.60 announced

Full year 2023 earnings: EPS exceeds analyst expectations

Eagle Bulk Shipping Inc. Declares Quarterly Dividend for the Fourth Quarter of 2023, Payable on March 21, 2024

Eagle Bulk Shipping Inc. Announces Resignation of Randee E. Day as Member of the Board of Directors

CEO & Director exercised options and sold US$332k worth of stock

CFO & Secretary exercised options and sold US$79k worth of stock

Star Bulk Carriers Corp. (NasdaqGS:SBLK) entered into a definitive agreement to acquire Eagle Bulk Shipping Inc. (NYSE:EGLE) for approximately $540 million.

Price target decreased by 14% to US$52.58

Consensus EPS estimates increase by 38%

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Eagle Bulk Shipping Inc. Declares Quarterly Dividend for the Third Quarter of 2023, Payable on November 22, 2023

Eagle Bulk Shipping: Patience Should Pay Off

Consensus EPS estimates increase by 46%, revenue downgraded

Consensus EPS estimates increase by 37%

Eagle Bulk Shipping Inc. to Report Q3, 2023 Results on Nov 02, 2023

Consensus EPS estimates increase by 45%, revenue downgraded

Eagle Bulk Shipping: A Complicated Story In A Volatile Industry

Upcoming dividend of US$0.58 per share at 15% yield

Eagle Bulk: Cheap Bulker With Decent Dividend

New minor risk - Financial position

Second quarter 2023 earnings: EPS exceeds analyst expectations

Consensus EPS estimates fall by 17%

Consensus EPS estimates fall by 16%

Eagle Bulk Shipping Inc. to Report Q2, 2023 Results on Aug 03, 2023

CEO & Director notifies of intention to sell stock

Eagle Bulk Shipping: A Bargain Trading Well Below Net Asset Value

Eagle Bulk Shipping Inc. (NYSE:EGLE) announces an Equity Buyback for 3,800,000 shares, for $219.3 million.

Eagle Bulk Shipping: Danaos Corporation Reveals 9.99% Stake - Buy

Upcoming dividend of US$0.10 per share at 16% yield

Eagle Bulk Shipping Inc. Declares Dividend for the First Quarter of 2023, Payable on May 25, 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus revenue estimates increase by 11%

CEO & Director exercised options and sold US$183k worth of stock

Eagle Bulk Shipping Inc. (NYSE:EGLE) Looks Inexpensive But Perhaps Not Attractive Enough

Investor sentiment deteriorates as stock falls 17%

Upcoming dividend of US$0.60 per share at 12% yield

Price target increased by 7.5% to US$71.88

We Like Eagle Bulk Shipping's (NYSE:EGLE) Returns And Here's How They're Trending

Eagle Bulk Shipping: A Mid-Sized Vessel Specialist With An Edge

Eagle Bulk: Midsize Dry Bulk Market Update (Podcast Transcript)

Is It Too Late To Consider Buying Eagle Bulk Shipping Inc. (NYSE:EGLE)?

Eagle Bulk Shipping Inc. to Report Q4, 2022 Results on Mar 02, 2023

Eagle Bulk's Fortunes Are Likely To Turn Soon

Eagle Bulk Shipping Inc. Appoints A. Kate Blankenship to Its Board of Directors

CEO & Director exercised options and sold US$155k worth of stock

Eagle Bulk Shipping buys Ultramax bulkcarrier for $24.3M

Eagle Bulk Shipping Inc.(NYSE:EGLE) dropped from NASDAQ Transportation Index

CEO & Director recently sold US$762k worth of stock

CEO & Director notifies of intention to sell stock

Eagle Bulk Shipping Inc. Announces Frank De Costanzo as Special Advisor to the Board of Directors

Here's Why We Think Eagle Bulk Shipping (NASDAQ:EGLE) Might Deserve Your Attention Today

Insufficient new directors

Upcoming dividend of US$1.80 per share

Third quarter 2022 earnings released: EPS: US$5.94 (vs US$6.12 in 3Q 2021)

Eagle Bulk Shipping Inc. Declares Quarterly Dividend for the third Quarter of 2022, Payable on November 23, 2022