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Financial Snapshot

Revenue
TTM
$393.8M
Gross Margin
TTM
42.03%
Net Income
TTM
$22.73M
Current Assets
2023 Q4
Current Liabilities
2023 Q4
Current Ratio
2023 Q4
89.05%
Total Assets
2023 Q4
Total Liabilities
2023 Q4
Book Value
2023 Q4
$600.2M
Cash
2023 Q4
P/E
TTM
30.50
Free Cash Flow
TTM
-$29.92M

Stock Price

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Market Cap: $693.16 Million

About Eagle Bulk Shipping Inc.

Eagle Bulk Shipping, Inc. is a holding company, which engages in the ocean transportation of dry bulk cargoes through the ownership, charter, and operation of dry bulk vessels. The company is headquartered in Stamford, Connecticut and currently employs 1,000 full-time employees. The company went IPO on 2005-06-23. The firm provides transportation solutions to a diverse group of customers, including miners, producers, traders and end users. The company focused on the versatile midsize dry bulk vessel segment and owns fleets of Supramax/Ultramax vessels in the world. The firm performs all management services in-house (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. The firm owns fleet totaled approximately 53 vessels or 3.20 million dwt, with an average age of 9.6 years. In addition, it has charters in five Ultramax vessels on a long-term charter-in basis, each with a remaining lease term of less than one year. The firm also charters-in third-party vessels on a short-to medium-term basis.

Industry: Deep Sea Foreign Transportation of Freight Peers: Matson Inc Genco Shipping & Trading Ltd Kirby Corp Pangaea Logistics Solutions Ltd

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