Star Bulk Carriers Corp. (SBLK)
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]
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 StatementsAnalyst 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.
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...

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...

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...

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...

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...

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 '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...

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 ...

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...

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.

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...

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...

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...

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, ...

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 ...

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.

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...

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...

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...

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, ...

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...

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...

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 ...

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.