Eagle Bulk Shipping Inc. is a U.S. based fully integrated shipowner-operator providing global transportation solutions to a diverse group of customers including miners, producers, traders, and end users. Headquartered in Stamford, Connecticut, with offices in Singapore and Copenhagen, Eagle focuses exclusively on the versatile mid-size drybulk vessel segment and owns one of the largest fleets of Supramax/Ultramax vessels in the world. The Company performs all management services in-house (including: strategic, commercial, operational, technical, and administrative) and employs an active management approach to fleet trading with the objective of optimizing revenue performance and maximizing earnings on a risk-managed basis.
Company profile
Ticker
EGLE
Exchange
Website
CEO
Gary Vogel
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Teekay • Atlas • Seaspan • Seacor • Danaos • SFL • Genco Shipping & Trading Limited • Navios Maritime • Tsakos Energy Navigation Limited • Costamare ...
SEC CIK
Corporate docs
Subsidiaries
Eagle Shipping LLC • Eagle Bulk Management LLC • Eagle Shipping International (USA) LLC • Eagle Ship Management LLC • Eagle Bulk Pte. Ltd. • Eagle Bulk Holdco LLC • Eagle Bulk Shipco LLC • Eagle Bulk Ultraco LLC • Eagle Bulk Delaware LLC • Eagle Bulk Europe A/S ...
IRS number
980450435
EGLE stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Eagle Bulk Shipping Inc. Appoints Kate Blankenship to Board of Directors
19 Jan 23
25
Voluntary exchange delisting
3 Jan 23
CERT
Certification of approval for exchange listing
29 Dec 22
8-A12B
Registration of securities on exchange
27 Dec 22
8-K
Eagle Bulk Shipping Inc. Announces Transfer of Listing to the New York Stock Exchange
19 Dec 22
8-K
Departure of Directors or Certain Officers
16 Dec 22
8-K
Eagle Bulk Shipping Inc. Announces Chief Financial Officer Succession Plan
13 Dec 22
8-K
Departure of Directors or Certain Officers
18 Nov 22
10-Q
2022 Q3
Quarterly report
7 Nov 22
8-K
Eagle Bulk Shipping Inc. Reports Results for the Third Quarter of 2022
3 Nov 22
Transcripts
EGLE
Earnings call transcript
2022 Q3
4 Nov 22
EGLE
Earnings call transcript
2022 Q2
5 Aug 22
EGLE
Earnings call transcript
2022 Q1
6 May 22
EGLE
Earnings call transcript
2021 Q4
4 Mar 22
EGLE
Earnings call transcript
2021 Q3
6 Nov 21
EGLE
Earnings call transcript
2021 Q2
6 Aug 21
EGLE
Earnings call transcript
2021 Q1
7 May 21
EGLE
Earnings call transcript
2020 Q4
5 Mar 21
EGLE
Earnings call transcript
2020 Q3
6 Nov 20
EGLE
Earnings call transcript
2020 Q2
7 Aug 20
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Institutional ownership, Q3 2022
| 13F holders | Current |
|---|---|
| Total holders | 134 |
| Opened positions | 34 |
| Closed positions | 36 |
| Increased positions | 53 |
| Reduced positions | 35 |
| 13F shares | Current |
|---|---|
| Total value | 626.95 mm |
| Total shares | 14.85 mm |
| Total puts | 131.90 k |
| Total calls | 100.90 k |
| Total put/call ratio | 1.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Oaktree Capital Management | 3.78 mm | $163.29 mm |
| Oaktree | 3.78 mm | $147.10 mm |
| BLK Blackrock | 921.98 k | $39.81 mm |
| Dimensional Fund Advisors | 708.41 k | $30.59 mm |
| Pilgrim Global ICAV | 667.58 k | $30.38 mm |
| Vanguard | 506.94 k | $21.89 mm |
| FMR | 316.80 k | $13.68 mm |
| Marshall Wace | 309.94 k | $13.39 mm |
| Renaissance Technologies | 227.40 k | $9.82 mm |
| Two Sigma Advisers | 225.78 k | $9.75 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 Jan 23 | Gary Vogel | Common Stock | Payment of exercise | Dispose F | No | No | 49.94 | 6,396 | 319.42 k | 142,781 |
| 2 Jan 23 | Gary Vogel | Common Stock | Payment of exercise | Dispose F | No | No | 49.94 | 1,443 | 72.06 k | 149,177 |
| 2 Jan 23 | Gary Vogel | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,099 | 0.00 | 150,620 |
| 2 Jan 23 | Gary Vogel | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,099 | 0.00 | 6,200 |
| 2 Jan 23 | De Costanzo Frank | Common Stock | Payment of exercise | Dispose F | No | No | 49.94 | 2,427 | 121.20 k | 48,259 |
| 2 Jan 23 | De Costanzo Frank | Common Stock | Payment of exercise | Dispose F | No | No | 49.94 | 620 | 30.96 k | 50,686 |
| 2 Jan 23 | De Costanzo Frank | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,354 | 0.00 | 51,306 |
| 2 Jan 23 | De Costanzo Frank | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,354 | 0.00 | 2,708 |
| 21 Dec 22 | Gary Vogel | Common Stock | Sell | Dispose S | No | No | 51.54 | 5,000 | 257.70 k | 147,521 |
| 21 Dec 22 | Gary Vogel | Common Stock | Sell | Dispose S | No | No | 50.41 | 10,000 | 504.10 k | 152,521 |
News
BTIG Maintains Buy on Eagle Bulk Shipping, Raises Price Target to $70
23 Jan 23
Eagle Bulk Shipping Inc. Adds Capacity Acquires Modern Ultramax Bulkcarrier For $24.3M
5 Jan 23
Eagle Bulk Shipping Inc. Completes Transfer Of Listing To The New York Stock Exchange
4 Jan 23
Eagle Bulk Shipping Transfers Listing To NYSE
19 Dec 22
Eagle Bulk Shipping Inc. Announces Transfer Of Listing To The New York Stock Exchange From The Nasdaq Global Select Market; The Company's Shares Will Continue To Trade On The Nasdaq Until The Market Close On January 3, 2023
19 Dec 22
Press releases
Eagle Bulk Shipping Inc. to Issue Fourth Quarter 2022 Results and Hold Investor Conference Call
24 Jan 23
Eagle Bulk Shipping Inc. Adds Capacity - Acquires Modern Ultramax Bulkcarrier
5 Jan 23
Eagle Bulk Shipping Inc. Completes Transfer of Listing to the New York Stock Exchange
4 Jan 23
Eagle Bulk Completes Listing Transfer to the New York Stock Exchange
4 Jan 23
Eagle Bulk Shipping Inc. Announces Transfer of Listing to the New York Stock Exchange
19 Dec 22