Star Bulk Carriers Corp. (SBLK)

NASDAQ: SBLK · Real-Time Price · USD
16.21
-0.11 (-0.67%)
Mar 25, 2025, 4:00 PM EST - Market closed
-0.67%
Market Cap 1.89B
Revenue (ttm) 1.27B
Net Income (ttm) 304.65M
Shares Out 116.75M
EPS (ttm) 2.80
PE Ratio 5.79
Forward PE 12.27
Dividend $2.14 (13.20%)
Ex-Dividend Date Mar 4, 2025
Volume 891,430
Open 16.30
Previous Close 16.32
Day's Range 16.16 - 16.48
52-Week Range 14.30 - 27.47
Beta 1.05
Analysts Strong Buy
Price Target 22.67 (+39.85%)
Earnings Date May 21, 2025

About SBLK

Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. Its vessels transport a range of bulk commodities, including iron ores, minerals and grains, bauxite, fertilizers, and steel products. As of December 31, 2023, the company owned a fleet of 116 dry bulk vessels with combined carrying capacity of 13.1 million deadweight tonnage (dwt) consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax vessels with carrying capacities between 53,489 dwt and 209... [Read more]

Industry Marine Shipping
Sector Industrials
Founded 2006
Employees 216
Stock Exchange NASDAQ
Ticker Symbol SBLK
Full Company Profile

Financial Performance

In 2024, Star Bulk Carriers's revenue was $1.27 billion, an increase of 33.31% compared to the previous year's $949.27 million. Earnings were $304.65 million, an increase of 75.54%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SBLK stock is "Strong Buy." The 12-month stock price forecast is $22.67, which is an increase of 39.85% from the latest price.

Price Target
$22.67
(39.85% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Star Bulk Announces the Availability of Its 2024 Annual Report on Form 20‐F

ATHENS, Greece, March 21, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that the Company's annual report on Form 20‐F (the “Annual Re...

4 days ago - GlobeNewsWire

Cheap Now, Star Bulk Carriers: Yield More Than 6.8% But It Could Be More

Star Bulk Carriers Corp. specializes in global dry bulk shipping with a fleet of 155 vessels, offering a diverse range of cargo capacities. The company faces earnings volatility tied to global economi...

5 days ago - Seeking Alpha

Dividend Power Dogs: 3 Top Dividend Picks For March

Three top Dividend Power stocks, Golden Ocean, Diversified Energy, and Saratoga Investment Corp, offer "safer" dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strate...

13 days ago - Seeking Alpha

Star Bulk Carriers' Rich Dividend Investment Thesis Is No More - Downgrade To Hold

SBLK's new dividend policy has reversed our prior optimism surrounding the dry bulker's investment thesis, as the management focuses on share repurchases, deleveraging, and fleet renewal. Even then, r...

27 days ago - Seeking Alpha

Star Bulk Carriers Corp. (SBLK) Q4 2024 Earnings Call Transcript

Star Bulk Carriers Corp. (NASDAQ:SBLK) Q4 2024 Earnings Conference Call February 19, 2025 11:00 AM ET Company Participants Simos Spyrou - Co-Chief Financial Officer Nicos Rescos - Chief Operating Off...

4 weeks ago - Seeking Alpha

Star Bulk Carriers Corp. Reports Net Profit of $42.4 Million for the Fourth Quarter of 2024, and Declares Quarterly Dividend of $0.09 per Share

ATHENS, Greece, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, ...

5 weeks ago - GlobeNewsWire

5 'Safe' Buys In 35 February Dividend Power Dogs

The Dividend Power strategy focuses on stocks with high earnings and dividend yields, creating a resilient portfolio for both downturns and bull markets. Top five Dividend Power stocks for February 20...

5 weeks ago - Seeking Alpha

Star Bulk Announces Date for the Release of Fourth Quarter Ended December 31, 2024 Results, Conference Call and Webcast

ATHENS, Greece, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the fourth quarter ended ...

6 weeks ago - GlobeNewsWire

Star Bulk Carriers Corp: An Opportunity Linked To Commodities

Star bulk 3W2024 Adjusted EBITDA was $144 millions, if we annualize this value, with the current EV of $2.83 billion, that gives us an EV/EBITDA ratio of 4.9x. A negative point to highlight is the inc...

7 weeks ago - Seeking Alpha

Tariffs, Trump and China: What 2025 holds for shipping stocks

The shipping industry enters 2025 with tariffs on the horizon as President-elect Donald Trump prepares to take office.

2 months ago - Market Watch

Star Bulk Carriers: Lower Dividends On The Horizon

Star Bulk Carriers announced a new dividend policy that retains more cash and thus reduces the scope for large dividends compared to their previous policy.

2 months ago - Seeking Alpha

Charting The Course In Shipping With J Mintzmyer

Shipping expert J Mintzmyer highlights International Seaways as the top tanker pick and Star Bulk Carriers as the top dry bulk stock for 2025. Shipping offers niche advantages, avoiding competition wi...

Other symbols: INSWZIM
2 months ago - Seeking Alpha

4 Of 35 Safe-Buy Dividend Power Dogs In January

Four low-priced Dividend Power stocks, Golden Ocean, Invesco Mortgage, ARMOUR Residential, and FutureFuel, offer safer dividends with free cash-flow yields exceeding dividend yields. The Dividend Powe...

2 months ago - Seeking Alpha

Star Bulk Carriers: Potential Supply Imbalance Is A Bullish Tailwind

Star Bulk Carriers' stock dropped 40% due to falling freight rates, but long-term tailwinds like a potential supply imbalance remain strong. The company benefited from high charter rates post-COVID, b...

3 months ago - Seeking Alpha

Star Bulk Carriers Corp. Announces an Amended Dividend Policy and Share Buy-Back Under a New Share Repurchase Program

ATHENS, Greece, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, ...

3 months ago - GlobeNewsWire

Star Bulk Carriers: 3 Reasons To Consider An Investment

Star Bulk Carriers, a leading dry bulk company, has a strong financial position and operational efficiency, bolstered by its merger with Eagle Bulk Shipping. Despite the recent share price drop, SBLK ...

3 months ago - Seeking Alpha

Top 3 Industrials Stocks You'll Regret Missing In December

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: HSHPPXS
3 months ago - Benzinga

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

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 cont...

4 months ago - Seeking Alpha

Star Bulk Carriers Delivers Another Good Quarter

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...

4 months ago - Seeking Alpha

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

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 Spyr...

4 months ago - Seeking Alpha

Star Bulk Carriers Corp. Reports Net Profit of $81.3 Million for the Third Quarter of 2024, and Declares Quarterly Dividend of $0.60 per Share

ATHENS, Greece, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, ...

4 months ago - GlobeNewsWire

Star Bulk Carriers Corp. Announces Publication of 2023 Environmental, Social and Governance (ESG) Report

ATHENS, Greece, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global leader in dry bulk shipping, today announced the publication of its 2...

4 months ago - GlobeNewsWire

Star Bulk Announces Date for the Release of Third Quarter Ended September 30, 2024 Results, Conference Call and Webcast

ATHENS, Greece, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK) today announced that it will release its results for the third quarter ended Se...

5 months ago - GlobeNewsWire

Star Bulk Carriers: Appealing Income Idea For Investors In The Dry Bulk Segment

Star Bulk Carriers owns a large, diversified fleet of 159 vessels, with 97% equipped with scrubbers. SBLK reported strong 2Q24 results with a 47% YoY revenue increase, a 127% net profit growth, and a ...

5 months ago - Seeking Alpha

3 Small-Cap Stocks on the Way to Bigger and Better Days

In late 2023, many analysts called for 2024 to be the year of a small-cap stock renaissance. These stocks were battered as the Federal Reserve aggressively raised interest rates.

Other symbols: CENTEVLV
5 months ago - Benzinga