Last $3.45 USD
Change Today -0.21 / -5.74%
Volume 400.1K
BALT On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 11/25/14 All times are local (Market data is delayed by at least 15 minutes).

baltic trading ltd (BALT) Snapshot

Open
$3.68
Previous Close
$3.66
Day High
$3.73
Day Low
$3.44
52 Week High
03/6/14 - $7.94
52 Week Low
10/14/14 - $2.95
Market Cap
198.6M
Average Volume 10 Days
659.7K
EPS TTM
$-0.25
Shares Outstanding
51.2M
EX-Date
11/18/14
P/E TM
--
Dividend
$0.04
Dividend Yield
1.74%
Current Stock Chart for BALTIC TRADING LTD (BALT)

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baltic trading ltd (BALT) Details

Baltic Trading Limited is engaged in shipping business in the drybulk industry spot market worldwide. The company operates a fleet of drybulk ships that transport iron ore, coal, grain, steel products, and other dry bulk cargoes. As of October 29, 2014, it owned four Capesize, four Supramax, one Ultramax, and five Handysize vessels with an aggregate carrying capacity of approximately 1,159,000 deadweight tons. The company charters its vessels to trading houses, including commodities traders, as well as producers and government-owned entities. Baltic Trading Limited was founded in 2009 and is based in New York, New York.

300 Employees
Last Reported Date: 03/3/14
Founded in 2009

baltic trading ltd (BALT) Top Compensated Officers

President, Principal Executive Officer, Chief...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

baltic trading ltd (BALT) Key Developments

Baltic Trading Limited Declares Dividend for the Third Quarter of 2014, Payable on or about November 26, 2014

Baltic Trading Limited Board of Directors declared a dividend for the third quarter of 2014 of $0.01 per share payable on or about November 26, 2014 to all shareholders of record as of November 20, 2014.

Baltic Trading Limited Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Capital Spending Guidance for the Full Year of Fiscal 2015

Baltic Trading Limited announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of $10,039,000 compared with $9,102,000 for the same period a year ago. Operating loss was $4,057,000 compared with $1,123,000 for the same period a year ago. Loss before income taxes was $5,440,000 compared with $2,262,000 for the same period a year ago. Net loss was $5,454,000 or $0.10 per basic and diluted share compared with $2,270,000 or $0.08 per basic and diluted share for the same period a year ago. EBITDA was $1,193,000 compared with $2,712,000 for the same period a year ago. For the nine months, the company reported revenues of $33,833,000 compared with $21,467,000 for the same period a year ago. Operating loss was $10,269,000 compared with $8,786,000 for the same period a year ago. Loss before income taxes was $14,612,000 compared with $11,957,000 for the same period a year ago. Net loss was $14,662,000 or $0.26 per diluted share compared with $11,979,000 or $0.46 per diluted share for the same period a year ago. EBITDA was $5,312,000 compared with $2,378,000 for the same period a year ago. Net cash provided by operating activities was $837,000 compared with net cash used in operating activities of $2,662,000 for the same period a year ago. The company provided capital spending guidance for the full year of fiscal 2015. For the full year, company expects to spend $4.6 million.

Baltic Trading Limited to Report Q3, 2014 Results on Nov 05, 2014

Baltic Trading Limited announced that they will report Q3, 2014 results After-Market on Nov 05, 2014

 

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BALT:US $3.45 USD -0.21

BALT Competitors

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Company Last Change
Diana Containerships Inc $2.14 USD +0.07
Euroseas Ltd $0.91 USD 0.00
Globus Maritime Ltd $3.18 USD -0.01
Paragon Shipping Inc $3.46 USD -0.08
Seanergy Maritime Holdings Corp $1.35 USD +0.027
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Industry Analysis

BALT

Industry Average

Valuation BALT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 4.3x
Price/Book 0.6x
Price/Cash Flow 35.6x
TEV/Sales 0.5x
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