This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Dry Bulk 2011: Working Through the Glut

DryShips

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

P/E Ratio: 25.45

Company Profile
Is DryShips even a dry-bulk carrier? Some argue that it isn't, what with its push into the oil-rig business and its recent controversial acquisition of a dozen oil-tanker orders, allegedly unloaded onto DryShips by its CEO, George Economou, who controls a private fleet. (The company has denied the allegation.) DryShips promises to reward shareholders by spinning off the two fleets (rigs, tankers) into two separate companies. But tanker market fundamentals are abysmal, and the most-recent shipping IPOs have been duds.

Income Statement
DryShips hasn't set a date for its fourth-quarter earnings report. Wall Street analysts are targeting a bottom line of 25 cents a share on revenue of $220 million. That would mark improvement over the fourth period of 2009, when the company earned 19 cents a share, on revenue of $193 million.

Analyst Ratings
Sentiment among the nine analysts covering DryShips is evenly split between bears and bulls. Four analyst rate the stock at the equivalent of strong buy and four at hold. One analyst, meanwhile, has a strong sell rating on the stock.

3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
EXM $0.00 0.00%
GNK $0.00 0.00%
DSX $6.50 -1.07%
DRYS $0.75 -3.63%
YHOO $43.07 -0.71%

Markets

DOW 18,126.12 -36.87 -0.20%
S&P 500 2,120.79 -2.69 -0.13%
NASDAQ 5,097.9760 -8.6170 -0.17%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs