Eagle Bulk Shipping Inc (EGLE)

[The_Free_Nebula]

Maybe this month this can push out of the $50s to the next level...giddy up

[The_Free_Nebula]

Sounds like pretty good news for tomorrow. Hopefully it stops the sell off of the past 3 days. The volume was relatively tame which was the silver lining.

[Scotttrader80]

I was backing it out of the mid month pay date from last quarter.

This arrived tonight via Yahoo finance

Declared a quarterly dividend of $2.20 per share for the second quarter of 2022.

Dividend is payable on August 26, 2022 to shareholders of record at the close of business on August 16, 2022

record date is August 16th meaning you gotta own it 3 days prior by the 13th or earlier

https://finance.yahoo.com/news/eagle-bulk-shipping-inc-reports-212400857.html

[The_Free_Nebula]

Where did you get notice that today is the ex-date? No news on ihub or etrade. Is it on Yahoo or TDA? TIA

[Scotttrader80]

The past quarterly report was citing increased bunker fuel prices from our chaotic admininstrations actions. And today is the Xdate, the sp always drops off then. Overall, things will settle down or additional costs will be passed on to the consumer. Theyre paying $8.00 bucks a year divy, I dont think IBM pays that much

[The_Free_Nebula]

3 day sell off in fear of the meeting tomorrow. Should have followed my instincts but still green and not in too deep...Rolling the dice

[The_Free_Nebula]

Interesting 3 days - can't panic tomorrow

[Scotttrader80]

True that, even with raised bunker fuel prices, EGLE shines among its peers.

[The_Free_Nebula]

Analyst see a good 12 months ahead of Eagle....

[jokerwild477]

How does EGKPF go with EGLE

[CashCowMoo]

Looking good hear especially with oil prices going up in 2021

[whytestocks]

JUST IN: $EGLE Eagle Bulk Shipping Inc. Announces Effectiveness of Previously Announced Reverse Stock Split

STAMFORD, Conn., Sept. 15, 2020 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced t...

In case you are interested EGLE - Eagle Bulk Shipping Inc. Announces Effectiveness of Previously Announced Reverse Stock Split

[Ace Trader]

Earnings coming up! Should be good for first Q. not so good for 2nd Q but that's later, for now it's looking better than expected.

Eagle Bulk Shipping Inc. to Issue First Quarter 2020 Results and Hold Investor Conference Call
April 24 2020 - 04:30PM
GlobeNewswire Inc. Print

Eagle Bulk Shipping Inc. (Nasdaq: EGLE) will report its financial results for the first quarter ended March 31, 2020, after the close of stock market trading on Thursday, May 7, 2020. Members of Eagle Bulk’s senior management team will host a teleconference and webcast at 8:00 a.m. ET on Friday, May 8, 2020 to discuss the results.
To participate in the teleconference, investors and analysts are invited to call [phone] in the U.S., or [phone] outside of the U.S., and reference participant code 1689663. A simultaneous webcast of the call, including a slide presentation for interested investors and others, may be accessed by visiting http://www.eagleships.com.

A replay will be available following the call from 11:00 AM ET on May 8, 2020 until 11:00 AM ET on May 17, 2020. To access the replay, call [phone] in the U.S., or [phone] outside of the U.S., and reference passcode 1689663.

About Eagle Bulk Shipping Inc.

Eagle Bulk Shipping Inc. (“Eagle” or the “Company”) is a US-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. For further information, please visit our website: www.eagleships.com.

Company Contact

Frank De Costanzo

Chief Financial Officer

Eagle Bulk Shipping, Inc.

Tel. [phone]

Email: [e-mail]

Media Contact

[Ace Trader]

Just jumped in with 6000 as a starter. Leading towards the bottom play here with good potential 10 bagger

[Ace Trader]

So this will explain the slow down trend until the market sucks it up and this new bulk carrier turns a profit. About to jump in once she bottoms agin around $4

[Ace Trader]

So this will explain the slow down trend until the market sucks it up and this new bulk carrier turns a profit. About to jump in once she bottoms agin around $4

[GREEN MAKER]

Called etrade yesterday. 3.01 million eagle warrants outstanding Egkpf .0045x.05

[ClayTrader]

* * $EGLE Video Chart 07-25-2019 * *

Link to Video - click here to watch the technical chart video

[whytestocks]

News: $EGLE Eagle Bulk Shipping Inc. Acquires a Modern Ultramax and Sells Two 18-Year Old Supramaxes

STAMFORD, Conn., Jan. 23, 2019 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle” or the “Company”) announced today that it has purchased a high-specification 2015-built SDARI-64 Ultramax bulkcarrier for a purchase price of USD 20.4 million. ...

In case you are interested https://marketwirenews.com/news-releases/eagle-bulk-shipping-inc-acquires-a-modern-ultramax-and-sells-two-18-year-old-supramaxes-7503554.html

[whytestocks]

News: $EGLE Eagle Bulk Shipping Inc. Receives Commitment for a New Credit Facility Totaling USD 208 Million

STAMFORD, Conn., Jan. 22, 2019 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle” or the “Company”) announced today that Eagle Bulk Ultraco LLC, a wholly-owned subsidiary of the Company, has received a loan commitment from a consortium of banks ...

Read the whole news https://marketwirenews.com/news-releases/eagle-bulk-shipping-inc-receives-commitment-for-a-new-credit-facility-totaling-usd-208-million-7414862.html

[Longer Than Most]

EGLE pushing to new 52week highs. This looks like a good long term buy. Golden cross hitting on the weekly chart. Momentum is behind EGLE now and this could start getting sendy

[l_winthorpe]

But I think what is great, is that we have a chance to attract foreign investment, or at least to slow down or reduce capital flight from the US. With tax bill changes and infrastructure dollars being allocated, I would think that those would be two large incentives to not only keep domestic capital, but also to attract foreign investment.

[benfrankledger]

In theory the lower tax the more businesses will want to operate here versus other countries.

[l_winthorpe]

I don't know if that will be the deciding factor, but it certainly won't hurt. It might affect whether investors decide to allocate their investment towards capital intensive industries as opposed to capital light industries.

[benfrankledger]

I wonder if that will really bring in foreign companies to invest in new facilities and industry or not.

[l_winthorpe]

I think it will be great. The new tax bill is very friendly to capital intensive industries

[benfrankledger]

I am curious to see what tax reform in the States will do to shipping and bringing more of that business there.

[l_winthorpe]

I certainly think it will. It sounds like with everything going on, demand for shipping has been increasing. I am trying to think of a scenario where it doesn't increase revenue.

[benfrankledger]

Let's hope this drives new revenues and bottom line.

[l_winthorpe]

That will be a nice revenue boost. Good to see shippers finally taking delivery of these ships that they ordered. Helps to take capacity off of the market.

[benfrankledger]

The new addition brings the company’s fleet to 47 vessels, including 12 Ultramaxes acquired over the last 12 months.

[benfrankledger]

The vessel is scheduled to be delivered in January and will be renamed the M/V New London Eagle.

[benfrankledger]

Eagle Bulk Shipping (NASDAQ:EGLE) announces that it acquired an Ultramax bulkcarrier for $21.275M.

[benfrankledger]

Eagle Bulk Shipping (EGLE) Updates On $265M Refinancing - Slideshow $EGLEhttp://www.seekingalpha.com/article/4131644

[l_winthorpe]

Did anyone read the 8k today? $200 million in bond issuance!

[l_winthorpe]

Interesting to note that orders for panamax ships is at top levels, but orders for supramax ships have started to bottom out.

[l_winthorpe]

According to Alphabulk, dry bulk shipping has increased 4X shipping this year. Sounds like good news for the beleaguered shipping industry. Also, could this point to a continued economic recovery?

[SmartMoney247]

https://www.forbes.com/sites/bobhaber/2017/11/20/struggling-to-find-value-in-the-market-think-shipping/#3f9cb474753a

[benfrankledger]

“On April 3, 2017, we signed an agreement to cancel this existing time chartered-in contract, and, at the same time, we entered into an agreement to charter-in a 61,400 dwt, 2013 built Japanese vessel for approximately four years (having the same redelivery dates as the aforementioned canceled charter) with options for two additional years.”

[benfrankledger]

“We transport a broad range of major and minor bulk cargoes, including but not limited to coal, grain, ore, petcoke, cement and fertilizer, along worldwide shipping routes. As of September 30, 2017 , we owned and operated a modern fleet of 48 Supramax/Ultramax dry bulk vessels. We chartered-in a 37,000 dwt newbuilding Japanese vessel that was delivered in October 2014 for seven years with an option for one additional year”

[benfrankledger]

“We are Eagle Bulk Shipping Inc., a Marshall Islands corporation incorporated on March 23, 2005 and headquartered in Stamford, Connecticut. We own one of the largest fleets of Supramax/Ultramax dry bulk vessels in the world. Supramax dry bulk are vessels which are constructed with on-board cranes, ranging in size from approximately 50,000 to 59,000 dwt and Ultramax dry bulk vessels range in size from 60,000 to 65,000 dwt. They are considered a sub-category of the Handymax segment typically defined as 40,000 to 65,000 dwt.”

[SmartMoney247]

Any else see this news about the Russell 2k?

EGLE IS AN ADD!!

[SmartMoney247]

Poor Performance is pathetic. This is the cheapest name in Dry Bulk

[SmartMoney247]

http://smallcapexclusive.com/guess-picked-eagle-bulk-shipping-inc-nasdaqegle-shares/

[SmartMoney247]

EGLE secures 9 new assets and there aren't any buyers?!?!

Seems like the easiest money in Dry Bulk at the moment

.90 P/NAV

#SmartMoney247

[INTL]

Gapper tomorrow

[SmartMoney247]

Earnings.....

[SmartMoney247]

Following two private placements (USD 88m/100m), Eagle Bulk (EGLE) has not only secured a prolonged runway, but also positioned itself perfectly to prowl on 2nd hand tonnage at close to all time low values. The company trades cheap on steel (1.3x vs. US peers at 1.9x), whilst EGLE’s EV is pricing in USD 12m per Supramax (2008 built avg.), well below 10y avg. of USD 19m for a 10y old Supra. Assigning same valuation methodology as for the rest of the dry bulk space (30% increase in asset values next two
years), expectations of USD 200m of vessels acquisitions and a 10% premium ascribed to EGLE’s above peers financials coupled with an owner/ industry model with low G&A, we initiative coverage on the fully recharged EGLE with a Buy recommendation and USD 6.7/share TP.

[SmartMoney247]

Now is the time to take pieces of these names. Stocks like Eagle, Genco, and even some foreign names are great bets at this point in the cycle.

Smart Money 24/7

[pivotpoint1]

$EGLE ~Why Are Investors Pouring Hundreds of Millions of Dollars Into DryShips Inc. and Its Rivals?

https://finance.yahoo.com/m/2fb9f460-817b-3e91-b443-06395d7aebf4/ss_why-are-investors-pouring.html