|Over a month ago|
Eagle Bulk Shipping publishes 2021 ESG sustainability report » 09:2307/0107/01/21
Eagle Bulk Shipping…
Eagle Bulk Shipping announced that it has issued its second annual Environmental, Social, and Governance Sustainability Report. The report, which has been prepared in accordance with the Marine Transportation Framework established by the Sustainability Accounting Standards Board, provides an overview of Eagle's strategic priorities and performance with respect to various environmental, social, and governance-related matters.
Eagle Bulk Shipping 1.7M share Spot Secondary priced at $46.50 » 06:1306/3006/30/21
The deal priced inside…
The deal priced inside $46.10-$47.10 range. Morgan Stanley is acting as sole book running manager for the offering.
Eagle Bulk Shipping files to sell 1.5M shares for selling shareholders » 16:1306/2906/29/21
Morgan Stanley is acting…
Morgan Stanley is acting as the sole book runner for the offering.
Eagle Bulk Shipping acquires two Ultramax bulkcarriers for $44M » 08:4106/0206/02/21
Eagle Bulk Shipping…
Eagle Bulk Shipping announced that it has purchased two high-specification 2015-built scrubber-fitted Ultramax bulkcarriers for total consideration of $44 million. The vessels, which will be renamed the M/V Antwerp Eagle and M/V Valencia Eagle, are of the SDARI-64 design and were constructed at Jiangsu Hantong Ship Heavy Industry Co. The Company expects to take delivery of both ships during the third quarter of 2021. These acquisitions will be funded with cash on hand, which includes equity issued under the Company's ATM program. During the month of May, Eagle issued 475,894 shares of common stock at an average price of $47.39, raising a total of $22.5 million in gross proceeds. Separately, the Company has reached an agreement to sell the M/V Tern for $9.7 million. The sale is expected to close in July, prior to the vessel's statutory drydock and requisite ballast water treatment system installation due date. Following these transactions, Eagle's fleet will total 53 ships, with an average age of 8.7 years.
Eagle Bulk Shipping price target raised to $62 from $42 at B. Riley » 13:5905/0705/07/21
B. Riley analyst Liam…
B. Riley analyst Liam Burke raised the firm's price target on Eagle Bulk Shipping to $62 from $42 and keeps a Buy rating on the shares following last night's Q1 results.
Eagle Bulk Shipping upgraded to Buy from Hold at Fearnley » 08:4705/0705/07/21
Fearnley analyst Espen…
Fearnley analyst Espen Fjermestad upgraded Eagle Bulk Shipping to Buy from Hold with a price target of $55, up from $29, post the Q1 results. The analyst says "everything seems to be moving in the right direction" for Eagle Bulk with continued upward pressure on asset values, market drivers "firing on all cylinders" and an increasing flow of capital pouring into cyclical exposure.
Eagle Bulk Shipping reports Q1 EPS 84c, consensus $1.04 » 16:5305/0605/06/21
Reports Q1 revenue…
Reports Q1 revenue $96.6M, consensus $80.1M.
Eagle Bulk Shipping price target raised to $55 from $40 at BTIG » 07:2005/0405/04/21
BTIG analyst Gregory…
BTIG analyst Gregory Lewis raised the firm's price target on Eagle Bulk Shipping to $55 from $40 and keeps a Buy rating on the shares as part of a broader research note on Dry Bulk Shipping. The analyst cites the Baltic Dry Index surging over 3,000 last week - its highest level in over a decade - amid increased demand for iron ore, coal, and grain. Global electricity demand is also expected to rebound 4%-5% this year, which is expected to push seaborne coal volumes 6%-7% higher, Lewis tells investors in a research note.
|Over a quarter ago|
One new option listing and eight option delistings on April 19th » 08:3004/1904/19/21
EGLE, FET, FPRX, JENGQ, NTEC, PERS, USAT
New option listings for…
New option listings for April 19th include Cantaloupe Inc (CTLP). Option delistings effective April 19th include Eagle Bulk Shipping (EGLE), Forum Energy (FET), Five Prime Therapeutics Inc (FPRX), Just Energy Group Inc (JENGQ), Lonestar Resources US Inc (Class A Stock) (LONEQ), Intec Pharma (NTEC), SandRidge Permian Trust (Units) (PERS), and USA Technologies Inc (USAT).
Eagle Bulk Shipping files to sell 541,898 shares of common stock for holders 16:5003/2603/26/21