Norway's 2020 Bulkers Q4 EBITDA beats analyst expectations

2020 Bulkers

11/02/2026 07:07

Overview

Norway dry bulk vessel operator's Q4 EBITDA beat analyst expectations

Company reported Q4 net profit of $13.8 mln

Company signed agreements to sell three vessels for $218.25 mln

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

VESSEL SALES - Co signed agreements to sell three vessels for $218.25 mln, with delivery in Q1 2026

TIME CHARTER EARNINGS - Achieved average time charter equivalent earnings of $39,300 per day in Q4 2025

DIVIDENDS DECLARED - Declared total dividends of $0.63 per share for Q4 2025

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Income
$13.80 mln
Q4 EBITDA
Beat
$16.50 mln
$15.10 mln (4 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the marine freight & logistics peer group is "buy."

Wall Street's median 12-month price target for 2020 Bulkers Ltd is NOK145.50, about 2.5% above its February 10 closing price of NOK141.90

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nMFN2Wdj7n

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)