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NYSE: EGLE
Eagle Bulk Shipping Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for EGLE

Based on 6 analysts offering 12 month price targets for Eagle Bulk Shipping Inc.
Min Forecast
$62.00+32.65%
Avg Forecast
$76.50+63.67%
Max Forecast
$90.00+92.55%

Should I buy or sell EGLE stock?

Based on 6 analysts offering ratings for Eagle Bulk Shipping Inc.
Strong Buy
Strong Buy
5 analysts 83.33%
Buy
1 analysts 16.67%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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EGLE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
BTIG
Top 4%
97
Strong BuyMaintains$70.00+51.78%2023-01-23Find out why
B. Riley Securities
Top 5%
96
Strong BuyMaintains$72.00+56.11%2022-10-10
Stifel Nicolaus
Top 10%
91
Strong BuyInitiates Coverage On$62.00+34.43%2022-09-30
Alliance Global Partners
Bottom 19%
19
Strong BuyInitiates Coverage On$85.00+84.30%2022-08-03
HC Wainwright & Co.
Top 4%
97
BuyMaintains$90.00+95.14%2022-05-09
Jefferies
Top 27%
74
Strong BuyMaintains$80.00+73.46%2022-05-06

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Forecast return on equity

Is EGLE forecast to generate an efficient return?
Company
N/A
Industry
15.44%
Market
51.58%

Forecast return on assets

Is EGLE forecast to generate an efficient return on assets?
Company
N/A
Industry
8.51%

EGLE earnings per share forecast

What is EGLE's earnings per share in the next 1 years based on estimates from 3 analysts?
Avg 1 year Forecast
$13.68-28.34%
EGLE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

EGLE revenue forecast

What is EGLE's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$449.5M-37.55%
Avg 2 year Forecast
$340.6M-52.68%
EGLE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

EGLE earnings growth forecast

How is EGLE forecast to perform vs Marine Shipping companies and vs the US market?
Company
-28.34%
Industry
-8.73%
Market
78.57%
EGLE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
EGLE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
EGLE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

EGLE revenue growth forecast

How is EGLE forecast to perform vs Marine Shipping companies and vs the US market?
Company
-37.55%
Industry
-13.33%
Market
25.81%
EGLE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
EGLE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

EGLE vs Shipping Stocks

TickerPricePrice TargetUp/downsideConsensus
EGLE$46.12$76.50+65.87%Strong Buy
ASC$15.22$12.13-20.34%Strong Buy
GNK$15.34$24.00+56.45%Strong Buy
GSL$18.07$25.00+38.35%Strong Buy
NMM$23.94$50.00+108.86%Strong Buy
View Top Shipping Stocks

Eagle Bulk Shipping Stock Forecast FAQ

Is Eagle Bulk Shipping Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: EGLE) stock is to Strong Buy EGLE stock.

Out of 6 analysts, 5 (83.33%) are recommending EGLE as a Strong Buy, 1 (16.67%) are recommending EGLE as a Buy, 0 (0%) are recommending EGLE as a Hold, 0 (0%) are recommending EGLE as a Sell, and 0 (0%) are recommending EGLE as a Strong Sell.

If you're new to stock investing, here's how to buy Eagle Bulk Shipping stock.

What is EGLE's earnings growth forecast for 2023-2023?

(NYSE: EGLE) Eagle Bulk Shipping's forecast annual earnings growth rate of -28.34% is not forecast to beat the US Marine Shipping industry's average forecast earnings growth rate of -8.73%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 78.57%.

Eagle Bulk Shipping's earnings in 2023 is $248,009,000.

In 2023, EGLE is forecast to generate $187,534,154 in earnings, with the lowest earnings forecast at $157,375,153 and the highest earnings forecast at $220,434,883.

What is EGLE's revenue growth forecast for 2023-2024?

(NYSE: EGLE) Eagle Bulk Shipping's forecast annual revenue growth rate of -37.55% is not forecast to beat the US Marine Shipping industry's average forecast revenue growth rate of -13.33%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 25.81%.

Eagle Bulk Shipping's revenue in 2023 is $719,847,000.On average, 3 Wall Street analysts forecast EGLE's revenue for 2023 to be $6,162,676,637, with the lowest EGLE revenue forecast at $4,904,155,218, and the highest EGLE revenue forecast at $7,226,096,735.

In 2024, EGLE is forecast to generate $4,669,339,974 in revenue, with the lowest revenue forecast at $4,669,339,974 and the highest revenue forecast at $4,669,339,974.

What is EGLE's forecast return on assets (ROA) for 2023-2024?

(NYSE: EGLE) forecast ROA is N/A, which is lower than the forecast US Marine Shipping industry average of 8.51%.

What is EGLE's Price Target?

According to 6 Wall Street analysts that have issued a 1 year EGLE price target, the average EGLE price target is $76.50, with the highest EGLE stock price forecast at $90.00 and the lowest EGLE stock price forecast at $62.00.

On average, Wall Street analysts predict that Eagle Bulk Shipping's share price could reach $76.50 by Jan 23, 2024. The average Eagle Bulk Shipping stock price prediction forecasts a potential upside of 65.87% from the current EGLE share price of $46.12.

What is EGLE's Earnings Per Share (EPS) forecast for 2023-2023?

(NYSE: EGLE) Eagle Bulk Shipping's current Earnings Per Share (EPS) is $19.09. In 2023, EGLE's EPS is forecast to hit $13.68 (min: $11.48, max: $16.08).

What is EGLE's forecast return on equity (ROE) for 2023-2024?

(NYSE: EGLE) forecast ROE is N/A, which is considered weak.
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