Star Bulk Carriers Corp.

NASDAQ:SBLK

$17.32 USD

-$0.23 (-1.31%)

Volume
1.55M
Average Volume
1.78M
Market Capitalization
$2.06B
P/E Ratio
6.69
Dividend Yield
12.24%
Price Target
$22.50
Year High
$27.47
Year Low
$17.18
Payout Ratio
$0.74
Current Ratio
$1.69

Industry, Sector & symbol

Stock Exchange NASDAQ Global Select
CEO Mr. Petros Alexandros Pappas
Industry Marine Shipping
Sector Industrials
Current Symbol SBLK
CUSIP Y8162K204
CIK 0001386716
Web https://www.starbulk.com
Phone 30 210 61 78 400
Currency USD
Employees 216
Country GR

Liquidity

Debt-to-Equity Ratio 0.53
Payout Ratio 0.74
Current Ratio 1.69
Quick Ratio 1.50
Cash Ratio 1.10

Sales & Book Value

Annual Sales $949.27M
Price / Sales 1.69
Cash Flow 3.60
Price / Cash Flow 4.90
Price / Book 0.80

Price Target and Rating

Average Stock Price Forecast $22.50
High Stock Price Forecast $26.00
Low Stock Price Forecast $20.20
Forecast Upside/Downside -23.02%
Consensus Rating Buy
Rating Score(0-5) 4
Research Coverage 13 Analysts

Profitability

EPS (Most Recent Fiscal Year) $1.75
Trailing P/E Ratio 6.69
PEG Ratio 0.78
P/E Growth 0.78
Net Income $173.56M
Net Margin 24.75%
Pretax Margin 24.73%
Return on Equity 14.50%
Return on Assets 7.26%

Financials Score

AltmanZ Score 1.23
Piotroski Score 7.00
Working Capital 287.32M
Total Assets 4.16B
Ebit 371.78M
Market Cap 2.06B
Total Liabilities 1.65B

Poll Results

About Star Bulk Carriers Corp. (NASDAQ:SBLK) Stock

Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company's vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products. As of December 31, 2021, it had a fleet of 128 vessels with an aggregate capacity of approximately 14.1 million deadweight tons, including 17 Newcastlemax, 24 Capesize, 7 Post Panamax, 41 Kamsarmax, 2 Panamax, 20 Ultramax, and 17 Supramax vessels. The company also provides vessel management services. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece. ...

Star Bulk Carriers: The More It Falls, The Richer The Dividend Yields

2024-11-23 10:00:00

Macro events surrounding the dry bulk industry remain mixed, albeit improved compared to pre-pandemic periods, with it already triggering higher contracted TCE rates for SBLK. These have directly contributed to the company's robust FQ3'24 performance, healthier balance sheet, and richer dividend yields compared to historical levels. If anything, market players remain cautiously optimistic about 2025 and beyond, attributed to the Red Sea/ Ukraine conflict, impact of slow steaming, and the resultant supply/ demand imbalance.

Oil's Rally Could Boost These 3 Shipping Stocks

2024-11-22 08:16:14

Plenty of vertical industries will see increases in volatility when and if oil prices begin to move away from the cyclical lows they currently trade at. While some investors might see volatility as potentially dangerous, those who have been in the stock market long enough understand that volatility allows money to be made as long as the original idea behind a trade is sound enough.

Star Bulk Carriers Delivers Another Good Quarter

2024-11-21 07:30:00

We initiated our position in Star Bulk Carriers Corp. in October 2022 due to strong fundamentals, good management, and shareholder-friendly practices. Star Bulk's Q3 revenue was $344 million, slightly down from Q2, with synergy savings from the Eagle Bulk merger totaling $9.2 million over two quarters. SBLK's debt per vessel is manageable, dividend yield is 13.2%, and P/B ratio is 0.84, making it an attractive investment.

Star Bulk Carriers Corp. (SBLK) Q3 2024 Earnings Call Transcript

2024-11-20 13:29:08

Star Bulk Carriers Corp. (NASDAQ:SBLK ) Q3 2024 Earnings Conference Call November 20, 2024 11:00 AM ET Company Participants Petros Pappas - Chief Executive Officer Hamish Norton - President Simos Spyrou - Co-Chief Financial Officer Christos Begleris - Co-Chief Financial Officer Nicos Rescos - Chief Operating Officer Charis Plakantonaki - Chief Strategy Officer Conference Call Participants Omar Nokta - Jefferies Ben Nolan - Stifel Nicolaus Christopher Robertson - Deutsche Bank Bendik Folden Nyttingnes - Clarkson Securities Clement Mullins - Value Investors Edge Operator Thank you for standing by, ladies and gentlemen, and welcome to the Star Bulk Carriers' Conference Call on the Third Quarter 2024 Financial Results. We have with us.

Star Bulk Carriers (SBLK) Q3 Earnings Meet Estimates

2024-11-19 18:16:09

Star Bulk Carriers (SBLK) came out with quarterly earnings of $0.71 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.34 per share a year ago.

Frequently Asked Questions

What is the current Star Bulk Carriers Corp. (SBLK) stock price?

Star Bulk Carriers Corp.(NASDAQ:SBLK) stock price is $17.32 in the last trading session. During the trading session, SBLK stock reached the peak price of $27.47 while $17.18 was the lowest point it dropped to. The percentage change in SBLK stock occurred in the recent session was --1.31% while the dollar amount for the price change in SBLK stock was -$-0.23.

SBLK's industry and sector of operation?

The NASDAQ listed SBLK is part of Marine Shipping industry that operates in the broader Industrials sector.

Who are the executives of SBLK?

Mr. Hamish Norton Ph.D. | President
Mr. Constantinos Simantiras | Head of Market Research
Mr. Petros Alexandros Pappas | Founder, Chief Executive Officer & Director
Mr. Simos Spyrou | Chief Financial Officer
Mr. Nicos Rescos | Chief Operating Officer

How many employees does SBLK have?

Number of SBLK employees currently stands at 216. SBLK operates from 40 Agiou Konstantinou Street, Marousi, None 15124, GR.

Link for SBLK official website?

Official Website of SBLK is: https://www.starbulk.com

How do I contact SBLK?

SBLK could be contacted at phone #30 210 61 78 400 and can also be accessed through its website. SBLK operates from 40 Agiou Konstantinou Street, Marousi, None 15124, GR.

How many shares of SBLK are traded daily?

The average number of SBLK shares traded daily for last 3 months was 1.78M.

What is the market cap of SBLK currently?

The market value of SBLK currently stands at $2.06B with its latest stock price at $17.32