None of the estimates for this shipping stock were revised over the past 30 days. However, its Zacks Consensus Estimate moved lower over the past one month, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Baltic Trading Limited (BALT) currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some better-ranked shipping stocks include Costamare Inc. (CMRE), Ship Finance International Limited (SFL) and Star Bulk Carriers Corp. (SBLK), each carrying a Zacks Rank #1 (Strong Buy).
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