Based on the aggregated intelligence of 170,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, drybulk vessel owner Baltic Trading
With that in mind, let's take a closer look at Baltic Trading's business and see what CAPS investors are saying about the stock right now.
Baltic Trading facts
| Headquarters (Founded) | New York (2009) |
| Market Cap | $208 million |
| Industry | Marine |
| Trailing-12-Month Revenue | $32.56 million |
| Management | Chairman Peter Georgiopoulos CEO/CFO John Wobensmith |
| Trailing-12-Month Return on Equity | 5.8% |
| Cash/Debt | $5.8 million / $101.3 million |
| Dividend Yield | 7.4% |
| Competitors |
DryShips Eagle Bulk Shipping |
Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.
On CAPS, 97% of the 192 members who have rated Baltic Trading believe the stock will outperform the S&P 500 going forward. These bulls include dh1000 and iwams.
Earlier this year, dh1000 listed several of Baltic Trading's positives: "New ships below book value; range of ship sizes; focuses on spot market; low debt and good dividend potential."
In fact, Baltic currently boasts a debt-to-equity of just 35%. That's substantially lower than that of rivals like DryShips (69.8%) and Eagle Bulk (175.4%), as well as its parent company Genco Shipping & Trading
CAPS member iwams elaborates on the income opportunity:
Already profitable and growing. Short term negative trend due to shipping oversupply but should play out fine in next 2-3 years. It is independent [subsidiary] of Genco Shipping and leveraging their contacts and management experience without exposure to any of their debts.
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