Media headlines about Scorpio Bulkers (NYSE:SALT) have been trending somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Scorpio Bulkers earned a news impact score of 0.09 on Accern’s scale. Accern also gave media coverage about the shipping company an impact score of 45.884297004319 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Signals from Technical Perspective – Scorpio Bulkers Inc (NYSE: SALT) – Stocks Pen (stockspen.com)
- Scorpio Bulkers Inc. (SALT) Analyzing Impact of Profitability on Stock – Investing News Update (investingbizz.com)
- Scorpio Bulkers Inc. (SALT) -Hot Watch to Target – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Do Investors Feel Confident About Stock’s Future Direction? – Scorpio Bulkers Inc (NYSE: SALT) – Alpha Beta Stock (alphabetastock.com)
- Scorpio Bulkers Inc. (SALT) ended its day with the change of -1.34% – Nasdaq Fortune (press release) (nasdaqfortune.com)
Scorpio Bulkers (NYSE SALT) traded up $0.12 on Tuesday, hitting $7.47. 159,942 shares of the company traded hands, compared to its average volume of 591,990. The company has a quick ratio of 1.35, a current ratio of 1.41 and a debt-to-equity ratio of 0.73. Scorpio Bulkers has a 1 year low of $5.70 and a 1 year high of $10.14.
The business also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Thursday, February 15th were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend was Wednesday, February 14th. Scorpio Bulkers’s payout ratio is presently -4.82%.
Several brokerages have commented on SALT. ValuEngine cut shares of Scorpio Bulkers from a “sell” rating to a “strong sell” rating in a research note on Thursday, March 1st. Zacks Investment Research cut shares of Scorpio Bulkers from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Morgan Stanley decreased their target price on shares of Scorpio Bulkers from $10.50 to $9.00 and set an “equal weight” rating for the company in a research note on Monday, February 12th. Noble Financial began coverage on shares of Scorpio Bulkers in a research note on Friday, January 12th. They issued a “buy” rating and a $10.00 target price for the company. Finally, Jefferies Group began coverage on shares of Scorpio Bulkers in a research note on Monday, December 18th. They issued a “buy” rating and a $14.00 target price for the company. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $10.21.
ILLEGAL ACTIVITY WARNING: “Somewhat Positive Press Coverage Somewhat Unlikely to Affect Scorpio Bulkers (NYSE:SALT) Share Price” was first published by BBNS and is the sole property of of BBNS. If you are viewing this story on another publication, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be viewed at https://baseballnewssource.com/2018/03/20/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-scorpio-bulkers-salt-share-price/2024080.html.
Scorpio Bulkers Company Profile
Scorpio Bulkers Inc is a shipping company. The Company owns and operates newbuilding drybulk carriers with fuel-efficient specifications and carrying capacities of greater than 30,000 deadweight tons (dwt). The Company operates through two segments: Kamsarmax and Ultramax. Its Kamsarmax segment includes vessels ranging from approximately 77,500 DWT to 98,700 DWT.
Receive News & Ratings for Scorpio Bulkers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scorpio Bulkers and related companies with MarketBeat.com's FREE daily email newsletter.