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Hot Stocks
GasLog Partners announces LNG market update, outlook » 07:12
10/27/21
10/27
07:12
10/27/21
07:12
GLOP

GasLog Partners

$5.30 /

-0.205 (-3.73%)

The company said,…

The company said, "Global LNG demand was 92 million tonnes in the third quarter of 2021, according to Poten & Partners Group, compared to 85 mt in the third quarter of 2020, an increase of approximately 8%, primarily led by increased demand in Asia and South America. Asian demand in the third quarter was primarily in response to seasonal cooling demand, inventory re-stocking and a continued economic recovery, while South American demand was in response to lower hydroelectric output in the region and a colder than average winter. This growth was offset by declines in Europe as it was outcompeted for gas from buyers in Asia and South America, which was reflected in the strong regional gas price differentials between these regions. Global LNG supply was approximately 92 mt in the third quarter of 2021, growing by 8 mt year-over-year, according to Poten. Supply growth in the third quarter was dominated by output from the United States , which increased by 11 mt, or 157% year-over-year, primarily due to increased utilization of existing liquefaction terminals, but also due to the startup of new trains in the second half of 2020. Growth in U.S. production offset declines from many other supply sources in the Atlantic basin, including Trinidad, Norway, Angola, Nigeria and Algeria, either due to feedstock issues or unplanned downtime. Looking ahead, approximately 125 mt of new LNG capacity is currently under construction and scheduled to come online between 2021 and 2026. Headline spot rates for TFDE LNG carriers, as reported by Clarkson Research Services Limited, averaged $58,000 per day in the third quarter of 2021, a 38% increase over the $42,000 per day average in the third quarter of 2020. Headline spot rates for steam turbine propulsion vessels averaged $41,000 per day in the third quarter of 2021, 46% higher than the average of $28,000 per day in the third quarter of 2020. Headline spot rates in the third quarter benefited from LNG demand growth from Asia combined with LNG supply growth in the U.S. as detailed above as well as longer than average wait times at the Panama Canal. As of October 22, 2021, Clarksons assessed headline spot rates for TFDE and Steam LNG carriers at $160,000 per day and $112,500 per day, respectively. Forward assessments for LNG carrier spot rates indicate rising spot rates through the remainder of the year and expectations for rates to remain above mid-cycle through the first quarter of 2022. As of October 26, 2021, Poten estimates that the orderbook totals 130 dedicated LNG carriers, representing 20% of the on-the-water fleet. Of these, 112 vessels have multi-year charters. There have been 53 orders placed for newbuild LNG carriers in 2021 compared with 34 in 2020."

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GLOP GasLog Partners
$5.30 /

-0.205 (-3.73%)

GLOP GasLog Partners
$5.30 /

-0.205 (-3.73%)

10/22/21 Jefferies
Jefferies upgrades GasLog Partners to Buy on stronger rates into 2022
10/22/21 Jefferies
GasLog Partners upgraded to Buy from Hold at Jefferies
07/27/21 Jefferies
Jefferies cuts GasLog Partners to Hold, citing valuation
07/27/21 Jefferies
GasLog Partners downgraded to Hold from Buy at Jefferies
GLOP GasLog Partners
$5.30 /

-0.205 (-3.73%)

Hot Stocks
GasLog Partners board member Daniel Bradshaw steps down » 07:09
10/27/21
10/27
07:09
10/27/21
07:09
GLOP

GasLog Partners

$5.30 /

-0.205 (-3.73%)

The company said,…

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ShowHide Related Items >><<
GLOP GasLog Partners
$5.30 /

-0.205 (-3.73%)

GLOP GasLog Partners
$5.30 /

-0.205 (-3.73%)

10/22/21 Jefferies
Jefferies upgrades GasLog Partners to Buy on stronger rates into 2022
10/22/21 Jefferies
GasLog Partners upgraded to Buy from Hold at Jefferies
07/27/21 Jefferies
Jefferies cuts GasLog Partners to Hold, citing valuation
07/27/21 Jefferies
GasLog Partners downgraded to Hold from Buy at Jefferies
GLOP GasLog Partners
$5.30 /

-0.205 (-3.73%)

Earnings
GasLog Partners reports Q3 adjusted EPU 34c, consensus 24c » 07:08
10/27/21
10/27
07:08
10/27/21
07:08
GLOP

GasLog Partners

$5.30 /

-0.205 (-3.73%)

Reports Q3 revenue…

Reports Q3 revenue $80.5M, consensus $76.64M. Paolo Enoizi, CEO, commented: "I am pleased to report a strong operational and financial quarter for the Partnership. Our fleet performed with nearly 100% uptime, while our revenues and cash flows improved significantly from the second quarter. During the third quarter, we repaid $36.1 million of debt, bringing the total amount of debt retired in the first nine months of 2021 to $90.9 million. We also repurchased approximately $12.4 million of preference units in the open market below par, reducing the fleet's all-in cash break-even. In addition, we have 100% of available revenue days fixed in the fourth quarter of 2021 and 76% in 2022. This fixed charter coverage along with the cash flows generated thus far in 2021 more than covers all the Partnership's operating, overhead, current debt service and other fixed obligations through at least 2022. Our capital allocation priorities for 2022 remain focused on reducing our leverage and improving the cash break-even of our fleet. This may include accelerated debt repayment or further opportunistic repurchases of our preference units in the open market, subject to market conditions. Lower debt levels and cash break-even rates will position the Partnership for continued success in the spot and short-term market for LNG shipping."

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GLOP GasLog Partners
$5.30 /

-0.205 (-3.73%)

GLOP GasLog Partners
$5.30 /

-0.205 (-3.73%)

10/22/21 Jefferies
Jefferies upgrades GasLog Partners to Buy on stronger rates into 2022
10/22/21 Jefferies
GasLog Partners upgraded to Buy from Hold at Jefferies
07/27/21 Jefferies
Jefferies cuts GasLog Partners to Hold, citing valuation
07/27/21 Jefferies
GasLog Partners downgraded to Hold from Buy at Jefferies
GLOP GasLog Partners
$5.30 /

-0.205 (-3.73%)

Friday
Hot Stocks
GasLog Partners rises 8.6% » 12:00
10/22/21
10/22
12:00
10/22/21
12:00
GLOP

GasLog Partners

$4.93 /

+0.405 (+8.95%)

GasLog Partners is up…

GasLog Partners is up 8.6%, or 39c to $4.93.

ShowHide Related Items >><<
GLOP GasLog Partners
$4.93 /

+0.405 (+8.95%)

GLOP GasLog Partners
$4.93 /

+0.405 (+8.95%)

10/22/21 Jefferies
Jefferies upgrades GasLog Partners to Buy on stronger rates into 2022
10/22/21 Jefferies
GasLog Partners upgraded to Buy from Hold at Jefferies
07/27/21 Jefferies
Jefferies cuts GasLog Partners to Hold, citing valuation
07/27/21 Jefferies
GasLog Partners downgraded to Hold from Buy at Jefferies
GLOP GasLog Partners
$4.93 /

+0.405 (+8.95%)

Hot Stocks
GasLog Partners rises 6.2% » 10:00
10/22/21
10/22
10:00
10/22/21
10:00
GLOP

GasLog Partners

$4.83 /

+0.305 (+6.74%)

GasLog Partners is up…

GasLog Partners is up 6.2%, or 28c to $4.82.

ShowHide Related Items >><<
GLOP GasLog Partners
$4.83 /

+0.305 (+6.74%)

GLOP GasLog Partners
$4.83 /

+0.305 (+6.74%)

10/22/21 Jefferies
Jefferies upgrades GasLog Partners to Buy on stronger rates into 2022
10/22/21 Jefferies
GasLog Partners upgraded to Buy from Hold at Jefferies
07/27/21 Jefferies
Jefferies cuts GasLog Partners to Hold, citing valuation
07/27/21 Jefferies
GasLog Partners downgraded to Hold from Buy at Jefferies
GLOP GasLog Partners
$4.83 /

+0.305 (+6.74%)

Hot Stocks
GasLog Partners rises 6.2% » 09:47
10/22/21
10/22
09:47
10/22/21
09:47
GLOP

GasLog Partners

$4.83 /

+0.305 (+6.74%)

GasLog Partners is up…

GasLog Partners is up 6.2%, or 28c to $4.82.

ShowHide Related Items >><<
GLOP GasLog Partners
$4.83 /

+0.305 (+6.74%)

GLOP GasLog Partners
$4.83 /

+0.305 (+6.74%)

10/22/21 Jefferies
Jefferies upgrades GasLog Partners to Buy on stronger rates into 2022
10/22/21 Jefferies
GasLog Partners upgraded to Buy from Hold at Jefferies
07/27/21 Jefferies
Jefferies cuts GasLog Partners to Hold, citing valuation
07/27/21 Jefferies
GasLog Partners downgraded to Hold from Buy at Jefferies
GLOP GasLog Partners
$4.83 /

+0.305 (+6.74%)

Upgrade
Jefferies upgrades GasLog Partners to Buy on stronger rates into 2022 » 08:11
10/22/21
10/22
08:11
10/22/21
08:11
GLOP

GasLog Partners

$4.53 /

-0.085 (-1.84%)

Jefferies analyst Randy…

Jefferies analyst Randy Giveans upgraded GasLog Partners to Buy from Hold with a price target of $6.50, up from $5. The analyst cites the ongoing increase in asset values for the upgrade. GasLog has fully secured its fleet on time charters through Q1 of 2022 and has 75% of days locked in for 2022, "leaving some operational upside to stronger rates next year," Giveans tells investors in a research note. The analyst says the company is one of the few remaining U.S.-listed pure-play liquefied natural gas carriers and should benefit from the "much-improved investor sentiment in the sector."

ShowHide Related Items >><<
GLOP GasLog Partners
$4.53 /

-0.085 (-1.84%)

GLOP GasLog Partners
$4.53 /

-0.085 (-1.84%)

10/22/21 Jefferies
GasLog Partners upgraded to Buy from Hold at Jefferies
07/27/21 Jefferies
Jefferies cuts GasLog Partners to Hold, citing valuation
07/27/21 Jefferies
GasLog Partners downgraded to Hold from Buy at Jefferies
05/28/21 Barclays
GasLog Partners downgraded to Underweight from Equal Weight at Barclays
GLOP GasLog Partners
$4.53 /

-0.085 (-1.84%)

Upgrade
GasLog Partners upgraded to Buy from Hold at Jefferies » 04:47
10/22/21
10/22
04:47
10/22/21
04:47
GLOP

GasLog Partners

$4.53 /

-0.085 (-1.84%)

Jefferies analyst Randy…

Jefferies analyst Randy Giveans upgraded GasLog Partners to Buy from Hold with a price target of $6.50, up from $5.

ShowHide Related Items >><<
GLOP GasLog Partners
$4.53 /

-0.085 (-1.84%)

GLOP GasLog Partners
$4.53 /

-0.085 (-1.84%)

07/27/21 Jefferies
Jefferies cuts GasLog Partners to Hold, citing valuation
07/27/21 Jefferies
GasLog Partners downgraded to Hold from Buy at Jefferies
05/28/21 Barclays
GasLog Partners downgraded to Underweight from Equal Weight at Barclays
04/27/21 Jefferies
Jefferies upgrades GasLog Partners to Buy, sees pullback as opportunity
GLOP GasLog Partners
$4.53 /

-0.085 (-1.84%)

Over a week ago
Conference/Events
Capital Link to hold a virtual forum » 04:55
10/14/21
10/14
04:55
10/14/21
04:55
ADN

Advent Technologies

$8.86 /

-0.05 (-0.56%)

, EURN

Euronav NV

$10.17 /

+0.035 (+0.35%)

, ITHX

Ithax Acquisition

$9.71 /

-0.01 (-0.10%)

, TRMD

Torm plc

$7.78 /

-0.07 (-0.89%)

, JEF

Jefferies Financial Group

$40.54 /

+0.09 (+0.22%)

, LPG

Dorian LPG

$12.66 /

-0.105 (-0.82%)

, NETI

Eneti

$16.22 /

-0.16 (-0.98%)

, NMM

Navios Maritime Partners

$28.93 /

-1.34 (-4.43%)

, PXS

Pyxis Tankers

/

+

, SB

Safe Bulkers

$4.75 /

-0.185 (-3.75%)

, SBLK

Star Bulk Carriers

$22.15 /

-0.405 (-1.80%)

, SF

Stifel Financial

$71.97 /

-0.99 (-1.36%)

, SHIP

Seanergy Marine

$1.30 /

-0.095 (-6.83%)

, STNG

Scorpio Tankers

$17.68 /

-0.18 (-1.01%)

, GSL

Global Ship Lease

$21.90 /

+0.05 (+0.23%)

, INSW

International Seaways

$16.97 /

+0.165 (+0.98%)

, GOGL

Golden Ocean

$9.84 /

-0.095 (-0.96%)

, GNK

Genco Shipping

$18.67 /

-0.11 (-0.59%)

, GLOP

GasLog Partners

$4.64 /

+0.03 (+0.65%)

, GLNG

Golar LNG

$13.67 /

+0.6 (+4.59%)

, C

Citi

$70.27 /

-0.36 (-0.51%)

, FRO

Frontline

$8.66 /

-0.3 (-3.35%)

, FLNG

Flex LNG

$18.25 /

-0.38 (-2.04%)

, DAC

Danaos

$71.75 /

-1.2 (-1.64%)

, DB

Deutsche Bank

$12.70 /

-0.4 (-3.05%)

, DNB

Dun & Bradstreet

$18.22 /

-0.005 (-0.03%)

, EGLE

Eagle Bulk Shipping

$46.10 /

-1 (-2.12%)

13th Annual New York…

13th Annual New York Maritime Virtual Forum to be held on October 12-14. Webcast Link

ShowHide Related Items >><<
TRMD Torm plc
$7.78 /

-0.07 (-0.89%)

STNG Scorpio Tankers
$17.68 /

-0.18 (-1.01%)

SHIP Seanergy Marine
$1.30 /

-0.095 (-6.83%)

SF Stifel Financial
$71.97 /

-0.99 (-1.36%)

SBLK Star Bulk Carriers
$22.15 /

-0.405 (-1.80%)

SB Safe Bulkers
$4.75 /

-0.185 (-3.75%)

PXS Pyxis Tankers
/

+

NMM Navios Maritime Partners
$28.93 /

-1.34 (-4.43%)

NETI Eneti
$16.22 /

-0.16 (-0.98%)

LPG Dorian LPG
$12.66 /

-0.105 (-0.82%)

JEF Jefferies Financial Group
$40.54 /

+0.09 (+0.22%)

INSW International Seaways
$16.97 /

+0.165 (+0.98%)

GSL Global Ship Lease
$21.90 /

+0.05 (+0.23%)

GOGL Golden Ocean
$9.84 /

-0.095 (-0.96%)

GNK Genco Shipping
$18.67 /

-0.11 (-0.59%)

GLOP GasLog Partners
$4.64 /

+0.03 (+0.65%)

GLNG Golar LNG
$13.67 /

+0.6 (+4.59%)

FRO Frontline
$8.66 /

-0.3 (-3.35%)

FLNG Flex LNG
$18.25 /

-0.38 (-2.04%)

EGLE Eagle Bulk Shipping
$46.10 /

-1 (-2.12%)

DNB Dun & Bradstreet
$18.22 /

-0.005 (-0.03%)

DB Deutsche Bank
$12.70 /

-0.4 (-3.05%)

DAC Danaos
$71.75 /

-1.2 (-1.64%)

C Citi
$70.27 /

-0.36 (-0.51%)

ADN Advent Technologies
$8.86 /

-0.05 (-0.56%)

ADN Advent Technologies
$8.86 /

-0.05 (-0.56%)

03/19/21 Jefferies
Advent Technologies initiated with a Buy at Jefferies
EURN Euronav NV
$10.17 /

+0.035 (+0.35%)

04/12/21 ING Bank
Euronav NV downgraded to Hold from Buy at ING Bank
04/01/21 Oddo BHF
Euronav NV downgraded to Neutral from Outperform at Oddo BHF
03/29/21 H.C. Wainwright
Euronav NV initiated with a Buy at H.C. Wainwright
01/08/21 BTIG
Euronav NV upgraded to Buy from Neutral at BTIG
ITHX Ithax Acquisition
$9.71 /

-0.01 (-0.10%)

TRMD Torm plc
$7.78 /

-0.07 (-0.89%)

JEF Jefferies Financial Group
$40.54 /

+0.09 (+0.22%)

09/29/21 Oppenheimer
Morgan Stanley downgraded to Perform at Oppenheimer on valuation
09/20/21 Goldman Sachs
Jefferies Financial Group initiated with a Buy at Goldman Sachs
01/06/21 Oppenheimer
Jefferies Financial Group price target raised to $32 from $26 at Oppenheimer
01/05/21 Wells Fargo
Goldman Sachs shares to pass all-time high 'soon,' says Wells Fargo
LPG Dorian LPG
$12.66 /

-0.105 (-0.82%)

08/27/21
Fly Intel: Top five analyst initiations
08/27/21 UBS
Dorian LPG initiated with a Buy at UBS
05/19/21 Evercore ISI
Dorian LPG downgraded to In Line at Evercore ISI on valuation
05/19/21 Evercore ISI
Dorian LPG downgraded to In Line from Outperform at Evercore ISI
NETI Eneti
$16.22 /

-0.16 (-0.98%)

05/19/21 B. Riley
Eneti price target lowered to $28 from $30 at B. Riley
NMM Navios Maritime Partners
$28.93 /

-1.34 (-4.43%)

02/24/21 Citi
Navios Maritime Partners price target raised to $21 from $7.50 at Citi
01/29/21 Janney Montgomery Scott
Navios Maritime Partners price target raised to $20 from $15 at Janney Montgomery Scott
01/08/21 Jefferies
Navios Maritime Partners upgraded to Buy, price target doubled at Jefferies
01/08/21 Jefferies
Navios Maritime Partners upgraded to Buy from Hold at Jefferies
PXS Pyxis Tankers
/

+

10/12/21 Univest Securities
Pyxis Tankers initiated with a Buy at Univest Securities
02/17/21 Noble Capital
Pyxis Tankers downgraded to Market Perform from Outperform at Noble Capital
SB Safe Bulkers
$4.75 /

-0.185 (-3.75%)

09/13/21 H.C. Wainwright
Safe Bulkers initiated with a Buy at H.C. Wainwright
02/01/21 Stifel
Safe Bulkers upgraded to Buy on improved dry bulk shipping outlook at Stifel
02/01/21 Stifel
Safe Bulkers upgraded to Buy from Hold at Stifel
01/29/21 Jefferies
Safe Bulkers downgraded to Hold on valuation at Jefferies
SBLK Star Bulk Carriers
$22.15 /

-0.405 (-1.80%)

09/13/21 H.C. Wainwright
Star Bulk Carriers initiated with a Buy at H.C. Wainwright
07/23/21 Deutsche Bank
Deutsche Bank 'very optimistic' on Star Bulk Carriers share outlook
06/02/21 SEB Equities
Star Bulk Carriers initiated with a Buy at SEB Equities
05/21/21 Deutsche Bank
Star Bulk Carriers selloff yesterday 'is a gift,' says Deutsche Bank
SF Stifel Financial
$71.97 /

-0.99 (-1.36%)

06/23/21 Wolfe Research
Stifel Financial upgraded to Outperform from Underperform at Wolfe Research
04/09/21 JMP Securities
Stifel Financial price target raised to $77 from $60 at JMP Securities
01/29/21 JMP Securities
Stifel Financial price target raised to $60 from $56 at JMP Securities
01/15/21 Wells Fargo
Stifel Financial upgraded to Equal Weight from Underweight at Wells Fargo
SHIP Seanergy Marine
$1.30 /

-0.095 (-6.83%)

10/07/21 Maxim
Seanergy Marine upgraded to Buy from Hold at Maxim
10/07/21 Maxim
Seanergy Marine upgraded to Buy from Hold at Maxim
09/13/21 H.C. Wainwright
Seanergy Marine initiated with a Buy at H.C. Wainwright
03/31/21 Noble Capital
Seanergy Marine upgraded to Outperform at Noble Capital following pullback
STNG Scorpio Tankers
$17.68 /

-0.18 (-1.01%)

08/06/21 DNB Markets
Scorpio Tankers upgraded to Buy from Hold at DNB Markets
08/05/21 BofA
BofA double downgrades Scorpio Tankers to Underperform on deferred rate recovery
08/05/21 BofA
Scorpio Tankers downgraded to Underperform from Buy at BofA
08/05/21 Deutsche Bank
Scorpio Tankers downgraded to Sell at Deutsche Bank on liquidity concerns
GSL Global Ship Lease
$21.90 /

+0.05 (+0.23%)

07/16/21 Deutsche Bank
Global Ship Lease initiated with a Buy at Deutsche Bank
06/18/21 B. Riley
Global Ship Lease price target raised to $28 from $25 at B. Riley
06/11/21 B. Riley
Global Ship Lease price target raised to $25 from $22 at B. Riley
05/11/21 B. Riley
Global Ship Lease price target raised to $22 from $20 at B. Riley
INSW International Seaways
$16.97 /

+0.165 (+0.98%)

03/29/21 H.C. Wainwright
International Seaways initiated with a Buy at H.C. Wainwright
01/29/21 Jefferies
International Seaways price target lowered to $24 from $26 at Jefferies
10/21/20 BTIG
International Seaways downgraded to Neutral from Buy at BTIG
GOGL Golden Ocean
$9.84 /

-0.095 (-0.96%)

09/13/21 H.C. Wainwright
Golden Ocean initiated with a Neutral at H.C. Wainwright
05/04/21 BTIG
Golden Ocean price target raised to $12 from $8 at BTIG
02/08/21 BTIG
Golden Ocean price target raised to $7 from $6 at BTIG
GNK Genco Shipping
$18.67 /

-0.11 (-0.59%)

09/13/21 H.C. Wainwright
Genco Shipping initiated with a Buy at H.C. Wainwright
09/13/21 BTIG
Genco Shipping initiated with a Buy at BTIG
05/07/21 B. Riley
Genco Shipping price target raised to $22 from $14 at B. Riley
04/21/21 Fearnley
Genco Shipping upgraded to Buy from Hold at Fearnley
GLOP GasLog Partners
$4.64 /

+0.03 (+0.65%)

07/27/21 Jefferies
Jefferies cuts GasLog Partners to Hold, citing valuation
07/27/21 Jefferies
GasLog Partners downgraded to Hold from Buy at Jefferies
05/28/21 Barclays
GasLog Partners downgraded to Underweight from Equal Weight at Barclays
04/27/21 Jefferies
Jefferies upgrades GasLog Partners to Buy, sees pullback as opportunity
GLNG Golar LNG
$13.67 /

+0.6 (+4.59%)

04/13/21
Fly Intel: Top five analyst downgrades
04/13/21 BofA
Golar LNG downgraded to Underperform from Buy at BofA
03/01/21 Citi
Golar LNG resumed with a Neutral at Citi
01/29/21 Jefferies
Golar LNG price target raised to $17 from $15 at Jefferies
C Citi
$70.27 /

-0.36 (-0.51%)

10/11/21 Jefferies
Citi price target raised to $87 from $81 at Jefferies
07/15/21 Piper Sandler
Citi price target lowered to $91 from $95 at Piper Sandler
07/06/21 Keefe Bruyette
Citi assumed with an Outperform at Keefe Bruyette
FRO Frontline
$8.66 /

-0.3 (-3.35%)

06/30/21 Danske Bank
Frontline upgraded to Buy from Hold at Danske Bank
05/25/21 Evercore ISI
Evercore upgrades Frontline to Outperform in tanker rating refresh
05/25/21 Evercore ISI
Frontline upgraded to Outperform from In Line at Evercore ISI
03/29/21
Fly Intel: Top five analyst initiations
FLNG Flex LNG
$18.25 /

-0.38 (-2.04%)

04/16/21 Danske Bank
Flex LNG upgraded to Buy from Hold at Danske Bank
03/26/21 BTIG
Flex LNG downgraded to Neutral from Buy at BTIG
02/18/21 Danske Bank
Flex LNG downgraded to Hold from Buy at Danske Bank
02/08/21 Danske Bank
Flex LNG upgraded to Buy from Hold at Danske Bank
DAC Danaos
$71.75 /

-1.2 (-1.64%)

03/29/21 Fearnley
Danaos initiated with a Buy at Fearnley
12/09/20 Jefferies
Danaos price target raised to $18 from $13 at Jefferies
DB Deutsche Bank
$12.70 /

-0.4 (-3.05%)

09/17/21 JPMorgan
Deutsche Bank price target raised to EUR 13.50 from EUR 13 at JPMorgan
08/13/21
Fly Intel: Top five analyst upgrades
08/13/21 Keefe Bruyette
Deutsche Bank upgraded to Market Perform from Underperform at Keefe Bruyette
07/29/21 Credit Suisse
Deutsche Bank price target raised to EUR 10.50 from EUR 10 at Credit Suisse
DNB Dun & Bradstreet
$18.22 /

-0.005 (-0.03%)

09/29/21 Citi
Dun & Bradstreet price target lowered to $21 from $28 at Citi
07/07/21 RBC Capital
Dun & Bradstreet assumed with an Outperform at RBC Capital
06/10/21 Raymond James
Dun & Bradstreet upgraded to Outperform from Market Perform at Raymond James
06/10/21 Raymond James
Dun & Bradstreet upgraded to Outperform from Market Perform at Raymond James
EGLE Eagle Bulk Shipping
$46.10 /

-1 (-2.12%)

10/06/21 BTIG
Eagle Bulk Shipping price target raised to $65 from $55 at BTIG
09/13/21 H.C. Wainwright
Eagle Bulk Shipping initiated with a Buy at H.C. Wainwright
06/29/21
Eagle Bulk Shipping files to sell 1.5M shares for selling shareholders
05/07/21 B. Riley
Eagle Bulk Shipping price target raised to $62 from $42 at B. Riley
STNG Scorpio Tankers
$17.68 /

-0.18 (-1.01%)

SHIP Seanergy Marine
$1.30 /

-0.095 (-6.83%)

SF Stifel Financial
$71.97 /

-0.99 (-1.36%)

SBLK Star Bulk Carriers
$22.15 /

-0.405 (-1.80%)

SB Safe Bulkers
$4.75 /

-0.185 (-3.75%)

PXS Pyxis Tankers
/

+

NMM Navios Maritime Partners
$28.93 /

-1.34 (-4.43%)

NETI Eneti
$16.22 /

-0.16 (-0.98%)

LPG Dorian LPG
$12.66 /

-0.105 (-0.82%)

JEF Jefferies Financial Group
$40.54 /

+0.09 (+0.22%)

INSW International Seaways
$16.97 /

+0.165 (+0.98%)

GSL Global Ship Lease
$21.90 /

+0.05 (+0.23%)

GOGL Golden Ocean
$9.84 /

-0.095 (-0.96%)

GNK Genco Shipping
$18.67 /

-0.11 (-0.59%)

GLOP GasLog Partners
$4.64 /

+0.03 (+0.65%)

GLNG Golar LNG
$13.67 /

+0.6 (+4.59%)

FRO Frontline
$8.66 /

-0.3 (-3.35%)

EGLE Eagle Bulk Shipping
$46.10 /

-1 (-2.12%)

DNB Dun & Bradstreet
$18.22 /

-0.005 (-0.03%)

DB Deutsche Bank
$12.70 /

-0.4 (-3.05%)

DAC Danaos
$71.75 /

-1.2 (-1.64%)

C Citi
$70.27 /

-0.36 (-0.51%)

ADN Advent Technologies
$8.86 /

-0.05 (-0.56%)

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JEF Jefferies Financial Group
$40.54 /

+0.09 (+0.22%)

DB Deutsche Bank
$12.70 /

-0.4 (-3.05%)

C Citi
$70.27 /

-0.36 (-0.51%)

STNG Scorpio Tankers
$17.68 /

-0.18 (-1.01%)

SBLK Star Bulk Carriers
$22.15 /

-0.405 (-1.80%)

NMM Navios Maritime Partners
$28.93 /

-1.34 (-4.43%)

JEF Jefferies Financial Group
$40.54 /

+0.09 (+0.22%)

DB Deutsche Bank
$12.70 /

-0.4 (-3.05%)

DAC Danaos
$71.75 /

-1.2 (-1.64%)

C Citi
$70.27 /

-0.36 (-0.51%)

STNG Scorpio Tankers
$17.68 /

-0.18 (-1.01%)

SBLK Star Bulk Carriers
$22.15 /

-0.405 (-1.80%)

SB Safe Bulkers
$4.75 /

-0.185 (-3.75%)

NMM Navios Maritime Partners
$28.93 /

-1.34 (-4.43%)

JEF Jefferies Financial Group
$40.54 /

+0.09 (+0.22%)

GSL Global Ship Lease
$21.90 /

+0.05 (+0.23%)

EGLE Eagle Bulk Shipping
$46.10 /

-1 (-2.12%)

DB Deutsche Bank
$12.70 /

-0.4 (-3.05%)

C Citi
$70.27 /

-0.36 (-0.51%)

Earnings
Fly Intel: What to watch in next round of big bank earnings reports » 14:52
10/13/21
10/13
14:52
10/13/21
14:52
MS

Morgan Stanley

$98.19 /

+0.44 (+0.45%)

, BAC

Bank of America

$43.07 /

-0.46 (-1.06%)

, C

Citi

$70.23 /

-0.4 (-0.57%)

, GS

Goldman Sachs

$384.77 /

-1.88 (-0.49%)

, JEF

Jefferies Financial Group

$40.39 /

-0.065 (-0.16%)

, USB

U.S. Bancorp

$61.13 /

-0.56 (-0.91%)

Morgan Stanley (MS), Bank…

Morgan Stanley (MS), Bank of America (BAC), and Citigroup (C) are scheduled to announced quarterly results on October 14. What to watch for: 1. OUTLOOK: During the company's last earnings call, Bank of America said it sees NII moving higher but $1B higher NII in the fourth quarter will be more "challenging" due to decline in long-term rates. The bank also sees reducing headcount by natural attrition and NCOs moderating around current levels for the next few quarters. Meanwhile, Morgan Stanley said during its last earnings call back in July that it sees $1.3B as a "reasonable" exit rate for NII to inform 2H21. The bank also anticipates loans to grow more in line with 2020 levels. During Citi's second quarter earnings call, CFO Mark Mason said that for total Citigroup, he still expects full year 2021 revenues to be down mid-single digits on a reported basis. However, "the composition is likely to be somewhat different than we originally anticipated," said Mason. The executive does not expect credit deterioration in U.S. card portfolio in 2021. 2. MOVING TO THE SIDELINES AHEAD OF QUARTERLY RESULTS: Late last month, Oppenheimer analyst Chris Kotowski downgraded Morgan Stanley to Perform from Outperform and removed his prior $112 price target on the shares, stating that the rating change is "based purely on valuation." While his forward estimates are largely unchanged, with the industry's strong showing in recent weeks his valuation model shows just 7% upside for Morgan Stanley shares. The bank stocks on his recommended list include Bank of America, Citi, Goldman Sachs (GS), Jefferies Financial Group (JEF) and U.S. Bancorp (USB). Berenberg analyst Eoin Mullany also downgraded Morgan Stanley to Hold from Buy with a price target of $95, up from $91. The analyst believes the shares are now fairly valued. At the start of 2021, Morgan Stanley was trading on 11.6 times consensus 2022 earnings, but since then, consensus 2022 earnings estimate have risen 23% and the stock has re-rated to 14.1 times estimates, Mullany contended. As a result, the analyst believes Morgan Stanley "looks fully valued." 3. 'SWEEPING' RESTRUCTURING: Last month, Bank of America announced senior leadership changes it said were being made "to position the company for long-term success, while continuing to deliver for clients, communities and shareholders." The company added five new members, including three women, to the senior management team, "further strengthening diversity at the most senior levels of the company." Holly O'Neill has been appointed president of Retail Banking, Wendy Stewart has been appointed president of Global Commercial Banking, Cathy Bessant will become vice chair, Global Strategy, Aditya Bhasin has been named chief technology and information officer, Tom Scrivener has been named chief operations executive, and Paul Donofrio will become vice chair, the company said. Alastair Borthwick has been named chief financial officer, effective in the fourth quarter. David Leitch, global general counsel, is planning to retire in 2022 and Lauren Mogensen will become global general counsel for the company, succeeding David at the end of this year. Odeon Capital analyst Dick Bove upgraded Bank of America to Buy from Hold with a $46.50 price target after the bank announced what he called "one of the most sweeping restructurings of a management team that I have ever seen." The breaking down of the company into more discreet units and elevation of younger people to positions of importance "will allow this bank to grow more aggressively," Bove said.

ShowHide Related Items >><<
USB U.S. Bancorp
$61.13 /

-0.56 (-0.91%)

MS Morgan Stanley
$98.19 /

+0.44 (+0.45%)

JEF Jefferies Financial Group
$40.39 /

-0.065 (-0.16%)

GS Goldman Sachs
$384.77 /

-1.88 (-0.49%)

C Citi
$70.23 /

-0.4 (-0.57%)

BAC Bank of America
$43.07 /

-0.46 (-1.06%)

MS Morgan Stanley
$98.19 /

+0.44 (+0.45%)

09/29/21
Fly Intel: Top five analyst downgrades
09/29/21 Oppenheimer
Morgan Stanley downgraded to Perform at Oppenheimer on valuation
09/29/21 Oppenheimer
Morgan Stanley downgraded to Perform from Outperform at Oppenheimer
09/28/21
Fly Intel: Top five analyst downgrades
BAC Bank of America
$43.07 /

-0.46 (-1.06%)

10/11/21 Jefferies
Bank of America price target raised to $48 from $41 at Jefferies
10/07/21 Wolfe Research
Bank of America downgraded to Peer Perform from Outperform at Wolfe Research
09/13/21 Odeon Capital
Bank of America upgraded to Buy from Hold at Odeon Capital
C Citi
$70.23 /

-0.4 (-0.57%)

10/11/21 Jefferies
Citi price target raised to $87 from $81 at Jefferies
07/15/21 Piper Sandler
Citi price target lowered to $91 from $95 at Piper Sandler
07/06/21 Keefe Bruyette
Citi assumed with an Outperform at Keefe Bruyette
GS Goldman Sachs
$384.77 /

-1.88 (-0.49%)

10/01/21 Citi
Goldman Sachs price target raised to $440 from $410 at Citi
07/14/21 Oppenheimer
Goldman Sachs price target raised to $540 from $493 at Oppenheimer
07/14/21 Credit Suisse
Goldman Sachs price target raised to $425 from $420 at Credit Suisse
JEF Jefferies Financial Group
$40.39 /

-0.065 (-0.16%)

09/20/21 Goldman Sachs
Jefferies Financial Group initiated with a Buy at Goldman Sachs
01/06/21 Oppenheimer
Jefferies Financial Group price target raised to $32 from $26 at Oppenheimer
01/05/21 Wells Fargo
Goldman Sachs shares to pass all-time high 'soon,' says Wells Fargo
USB U.S. Bancorp
$61.13 /

-0.56 (-0.91%)

10/11/21 Jefferies
U.S. Bancorp price target raised to $71 from $66 at Jefferies
09/23/21 Citi
U.S. Bancorp price target raised to $70 from $66 at Citi
09/22/21 JPMorgan
U.S. Bancorp acquisition of Union Bank attractive, says JPMorgan
USB U.S. Bancorp
$61.13 /

-0.56 (-0.91%)

MS Morgan Stanley
$98.19 /

+0.44 (+0.45%)

JEF Jefferies Financial Group
$40.39 /

-0.065 (-0.16%)

GS Goldman Sachs
$384.77 /

-1.88 (-0.49%)

C Citi
$70.23 /

-0.4 (-0.57%)

BAC Bank of America
$43.07 /

-0.46 (-1.06%)

USB U.S. Bancorp
$61.13 /

-0.56 (-0.91%)

MS Morgan Stanley
$98.19 /

+0.44 (+0.45%)

JEF Jefferies Financial Group
$40.39 /

-0.065 (-0.16%)

GS Goldman Sachs
$384.77 /

-1.88 (-0.49%)

C Citi
$70.23 /

-0.4 (-0.57%)

BAC Bank of America
$43.07 /

-0.46 (-1.06%)

USB U.S. Bancorp
$61.13 /

-0.56 (-0.91%)

MS Morgan Stanley
$98.19 /

+0.44 (+0.45%)

JEF Jefferies Financial Group
$40.39 /

-0.065 (-0.16%)

GS Goldman Sachs
$384.77 /

-1.88 (-0.49%)

C Citi
$70.23 /

-0.4 (-0.57%)

BAC Bank of America
$43.07 /

-0.46 (-1.06%)

USB U.S. Bancorp
$61.13 /

-0.56 (-0.91%)

MS Morgan Stanley
$98.19 /

+0.44 (+0.45%)

JEF Jefferies Financial Group
$40.39 /

-0.065 (-0.16%)

GS Goldman Sachs
$384.77 /

-1.88 (-0.49%)

C Citi
$70.23 /

-0.4 (-0.57%)

BAC Bank of America
$43.07 /

-0.46 (-1.06%)

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