Star Bulk Carriers Corp. (SBLK)

Market Cap	2.83B
Revenue (ttm)	984.62M
Net Income (ttm)	202.54M
Shares Out	113.81M
EPS (ttm)	2.20
PE Ratio	11.35
Forward PE	5.78
Dividend	$1.82 (7.33%)
Ex-Dividend Date	Jun 6, 2024

Volume	1,250,868
Open	24.94
Previous Close	24.98
Day's Range	24.72 - 24.95
52-Week Range	16.57 - 27.47
Beta	1.05
Analysts	Strong Buy
Price Target	30.00 (+20.77%)
Earnings Date	Aug 1, 2024

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...

• Industry: Marine Shipping
• Sector: Industrials
• CEO: Petros Alexandros Pappas
• Employees: 216
• Stock Exchange: NASDAQ
• Ticker Symbol: SBLK

Financial Performance

In 2023, SBLK's revenue was $949.27 million, a decrease of -33.95% compared to the previous year's $1.44 billion. Earnings were $173.56 million, a decrease of -69.34%.

Analyst Forecast

According to 2 analysts, the average rating for SBLK stock is "Strong Buy." The 12-month stock price forecast is $30.0, which is an increase of 20.77% from the latest price.

Price Target

$30.0

(20.77% upside)

Analyst Consensus: Strong Buy