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Eagle Bulk Shipping

OverviewSuggest Edit

Eagle Bulk Shipping engages in the ocean transportation of dry bulk cargoes worldwide. The Company owns, charters, and operates dry bulk vessels that transport a range of bulk cargoes, including coal, grain, ore, pet coke, cement, and fertilizers.

TypePublic
Founded2005
HQStamford, USMap
Websiteeagleships.com

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2018)1,004(-1%)
Revenue (FY, 2018)$310.1 M(+31%)
Share Price (Oct 2019)$4.6 (-1%)

Key People/Management at Eagle Bulk Shipping

Paul Leand

Paul Leand

Chairman
Randee Day

Randee Day

Director
Justin Knowles

Justin Knowles

Director
Bart Veldhuizen

Bart Veldhuizen

Director
Gary Weston

Gary Weston

Director
Gary Vogel

Gary Vogel

Chief Executive Officer and Director
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Eagle Bulk Shipping Office Locations

Eagle Bulk Shipping has offices in Stamford, Hamburg and Singapore
Stamford, US (HQ)
300 First Stamford Pl
Hamburg, DE
Zippelhaus 2
Singapore, SG
9 Raffles Place
Show all (3)

Eagle Bulk Shipping Financials and Metrics

Eagle Bulk Shipping Revenue

Eagle Bulk Shipping's revenue was reported to be $310.09 m in FY, 2018
USD

Revenue (Q2, 2019)

69.4m

EBIT (Q2, 2019)

510.9k

Market capitalization (11-Oct-2019)

351.9m

Closing stock price (11-Oct-2019)

4.6

Cash (30-Jun-2019)

38.6m

EV

616.0m
Eagle Bulk Shipping's current market capitalization is $351.9 m.
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

103.9m124.5m236.8m310.1m

General and administrative expense

16.0m19.4m22.9m33.1m36.2m

Operating expense total

171.3m239.4m325.7m236.9m272.5m

Depreciation and amortization

76.9m43.0m38.9m33.7m37.7m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

21.3m45.9m53.6m62.7m79.4m74.9m69.1m77.4m69.4m

General and administrative expense

2.9m3.1m3.1m6.6m4.9m4.4m4.4m5.3m4.9m5.2m7.8m8.6m8.6m9.9m8.9m8.9m8.4m8.0m

Operating expense total

48.2m48.6m50.5m56.1m4.9m47.0m46.1m57.7m42.9m47.5m50.4m53.9m64.6m73.1m66.0m60.3m71.2m68.9m

Depreciation and amortization

19.4m19.1m19.4m19.6m10.9m11.3m9.4m9.7m9.9m7.5m8.0m9.0m9.3m9.3m9.5m9.4m9.8m
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Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

19.7m40.0m24.9m76.5m56.3m67.2m

Accounts Receivable

11.2m14.7m7.1m5.1m17.2m

Inventories

9.6m5.7m5.6m10.9m14.1m16.1m

Current Assets

61.9m76.6m41.0m104.3m105.2m118.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

19.9m19.8m20.1m32.5m27.2m25.3m16.8m11.9m98.6m145.8m68.7m64.3m57.9m76.9m80.7m60.7m38.6m

Accounts Receivable

11.1m13.7m15.7m12.2m11.5m11.1m7.1m5.6m6.5m8.8m11.3m10.2m14.0m13.1m16.1m

Inventories

12.1m6.7m8.7m10.6m6.3m6.5m5.6m6.8m7.0m8.7m12.6m12.6m13.6m11.9m13.3m13.1m13.0m

Current Assets

72.5m64.3m70.4m76.6m53.0m46.0m32.2m31.0m114.8m169.6m112.0m107.5m110.4m117.6m115.1m100.0m75.7m
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Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(70.5m)(11.5m)(148.3m)(223.5m)(43.8m)12.6m

Depreciation and Amortization

75.0m8.8m41.0m35.6m29.4m32.4m

Inventories

2.5m2.9m174.9k(5.3m)(3.2m)(2.0m)

Accounts Payable

(3.8m)(1.9m)(3.4m)(1.1m)335.7k993.6k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

(39.3m)(22.6m)(67.2m)(113.1m)(20.7m)(48.2m)(68.6m)(39.3m)(61.8m)(81.1m)(11.1m)(17.0m)(27.2m)52.7k3.5m6.1m29.5k

Depreciation and Amortization

56.1m18.4m37.0m55.7m10.3m20.5m30.8m8.9m17.7m26.6m6.5m13.5m21.4m8.1m16.0m24.1m8.2m16.4m

Inventories

(27.9k)2.9m935.1k(972.8k)(673.0k)(548.4k)(798.2k)(21.9k)(1.3m)(1.4m)2.1m(1.7m)(1.7m)490.7k2.2m836.6k3.0m3.1m

Accounts Payable

703.0k(1.8m)(966.4k)(826.8k)(3.9m)(2.2m)(3.3m)3.2m(319.6k)(1.8m)(249.2k)705.9k97.9k1.5m652.9k1.4m1.5m(4.4m)
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USDY, 2019

EV/EBIT

1.2 k x

EV/CFO

72.8 x

Debt/Equity

0.6 x

Debt/Assets

0.4 x

Financial Leverage

1.8 x
Show all financial metrics

Eagle Bulk Shipping Online and Social Media Presence

Eagle Bulk Shipping's Trends

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Eagle Bulk Shipping News and Updates

September 16, 2019

Eagle Bulk Shipping Inc. Takes Delivery of M/V Sydney Eagle

STAMFORD, Conn., Sept. 16, 2019 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax segment, today announced that is has taken delivery of the second of six Ultramax drybulk vessels, …
July 29, 2019

Eagle Bulk Shipping Inc. Reports Second Quarter 2019 Results

STAMFORD, Conn., July 29, 2019 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax segment, today reported financial results for the three and six months ended June 30, 2019.
July 23, 2019

Eagle Bulk Shipping Inc. to Issue Second Quarter 2019 Results and Hold Investor Conference Call

STAMFORD, Conn., July 23, 2019 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq: EGLE) will report its financial results for the second quarter ended June 30, 2019, after the close of stock market trading on Monday, July 29, 2019. Members of Eagle Bulk’s senior management team will host a tele…
May 07, 2019

Eagle Bulk Shipping Inc. Reports First Quarter 2019 Results

Highest outperformance to date and scrubber initiative well underway Highest outperformance to date and scrubber initiative well underway
April 22, 2019

Eagle Bulk Shipping Inc. to Issue First Quarter 2019 Results and Hold Investor Conference Call

STAMFORD, Conn., April 22, 2019 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq: EGLE) will report its financial results for the first quarter ended March 31, 2019, after the close of stock market trading on Tuesday, May 7, 2019. Members of Eagle Bulk’s senior management team will host a tele…
March 05, 2019

Eagle Bulk Shipping Inc. Reports Fourth Quarter and Full Year 2018 Results

Eight Consecutive Quarters of Outperformance Eight Consecutive Quarters of Outperformance
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Eagle Bulk Shipping Blogs

August 15, 2019

Eagle Bulk Shipping Inc. Establishes New European Office in Copenhagen

Eagle Bulk Shipping Inc. Establishes New European Office in Copenhagen Content Import Thu, 08/15/2019 - 16:30 Eagle Bulk Shipping Inc. Establishes New European Office in Copenhagen August 15, 2019 at 4:30 PM EDT This release is a backfill from a News Wire …
July 25, 2019

Eagle Bulk Shipping Inc. Announces Pricing of $100 Million Convertible Senior Notes Due 2024

STAMFORD, Conn. , July 25, 2019 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (the “Company”) (Nasdaq: EGLE) announces today the pricing of $100 million aggregate principal amount (or up to an aggregate of $115 million aggregate principal amount if the initial purchasers of such offering exercise
July 24, 2019

Eagle Bulk Shipping Inc. Announces Proposed Offering of $100 Million of Convertible Senior Notes Due 2024

Eagle Bulk Shipping Inc. Announces Proposed Offering of $100 Million of Convertible Senior Notes Due 2024 Content Import Wed, 07/24/2019 - 07:14 Eagle Bulk Shipping Inc. Announces Proposed Offering of $100 Million of Convertible Senior Notes Due 2024 July 24, 2019 at 7:14 AM…

 Eagle Bulk Shipping Frequently Asked Questions

  • When was Eagle Bulk Shipping founded?

    Eagle Bulk Shipping was founded in 2005.

  • Who are Eagle Bulk Shipping key executives?

    Eagle Bulk Shipping's key executives are Paul Leand, Randee Day and Justin Knowles.

  • How many employees does Eagle Bulk Shipping have?

    Eagle Bulk Shipping has 1,004 employees.

  • What is Eagle Bulk Shipping revenue?

    Latest Eagle Bulk Shipping annual revenue is $310.1 m.

  • What is Eagle Bulk Shipping revenue per employee?

    Latest Eagle Bulk Shipping revenue per employee is $308.9 k.

  • Who are Eagle Bulk Shipping competitors?

    Competitors of Eagle Bulk Shipping include Irish Continental Group, Matson and Sunset Transportation.

  • Where is Eagle Bulk Shipping headquarters?

    Eagle Bulk Shipping headquarters is located at 300 First Stamford Pl, Stamford.

  • Where are Eagle Bulk Shipping offices?

    Eagle Bulk Shipping has offices in Stamford, Hamburg and Singapore.

  • How many offices does Eagle Bulk Shipping have?

    Eagle Bulk Shipping has 3 offices.