Head to Head Analysis: Scorpio Bulkers (SALT) and Gener8 Maritime (GNRT)

Scorpio Bulkers (NYSE:SALT) and Gener8 Maritime (NYSE:GNRT) are both transportation companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, risk, earnings, profitability, institutional ownership, valuation and analyst recommendations.

Dividends

Scorpio Bulkers pays an annual dividend of $0.08 per share and has a dividend yield of 1.2%. Gener8 Maritime does not pay a dividend. Scorpio Bulkers pays out -14.0% of its earnings in the form of a dividend.

Earnings and Valuation

This table compares Scorpio Bulkers and Gener8 Maritime’s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Scorpio Bulkers $162.21 million 2.98 -$59.72 million ($0.57) -11.26
Gener8 Maritime N/A N/A N/A N/A N/A

Gener8 Maritime has lower revenue, but higher earnings than Scorpio Bulkers.

Analyst Recommendations

This is a summary of current recommendations and price targets for Scorpio Bulkers and Gener8 Maritime, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Scorpio Bulkers 0 2 5 0 2.71
Gener8 Maritime 0 3 2 0 2.40

Scorpio Bulkers currently has a consensus price target of $9.71, indicating a potential upside of 51.31%. Gener8 Maritime has a consensus price target of $7.92, indicating a potential upside of 19.77%. Given Scorpio Bulkers’ stronger consensus rating and higher probable upside, equities analysts plainly believe Scorpio Bulkers is more favorable than Gener8 Maritime.

Insider & Institutional Ownership

38.9% of Scorpio Bulkers shares are held by institutional investors. Comparatively, 77.2% of Gener8 Maritime shares are held by institutional investors. 13.7% of Gener8 Maritime shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Scorpio Bulkers and Gener8 Maritime’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Scorpio Bulkers -2.80% -0.49% -0.27%
Gener8 Maritime N/A N/A N/A

Summary

Scorpio Bulkers beats Gener8 Maritime on 6 of the 11 factors compared between the two stocks.

About Scorpio Bulkers

Scorpio Bulkers Inc., a shipping company, owns and operates dry bulk carriers. Its vessels transport a range of bulk commodities, including ores, coal, grains, and fertilizers along worldwide shipping routes. As of December 31, 2017, the company owned or finance leased 55 vessels comprising 18 Kamsarmax vessels and 37 Ultramax vessels. Scorpio Bulkers Inc. was founded in 2013 and is based in Monaco, Monaco.

About Gener8 Maritime

Gener8 Maritime, Inc. provides international seaborne crude oil and petroleum products transportation services. As of March 14, 2018, it had a fleet of 30 vessels comprising 21 very large crude carriers, 6 Suezmaxes, 1 Aframax, and 2 Panamax tankers with a total carrying capacity of approximately 7.5 million deadweight tons. The company was formerly known as General Maritime Corporation and changed its name to Gener8 Maritime, Inc. in May 2015. Gener8 Maritime, Inc. was founded in 1997 and is based in New York, New York.

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