Star Bulk Carriers Corp. (SBLK)

Market Cap	2.04B
Revenue (ttm)	1.22B
Net Income (ttm)	301.92M
Shares Out	117.89M
EPS (ttm)	2.98
PE Ratio	5.71
Forward PE	8.98
Dividend	$2.40 (13.89%)
Ex-Dividend Date	Dec 5, 2024

Volume	1,208,794
Open	17.15
Previous Close	17.04
Day's Range	17.14 - 17.40
52-Week Range	16.87 - 27.47
Beta	0.96
Analysts	Strong Buy
Price Target	25.00 (+44.63%)
Earnings Date	Nov 19, 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
• Founded: 2006
• Employees: 216
• Stock Exchange: NASDAQ
• Ticker Symbol: SBLK
• Website: https://www.starbulk.com

Financial Performance

In 2023, Star Bulk Carriers'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 3 analysts, the average rating for SBLK stock is "Strong Buy." The 12-month stock price forecast is $25.0, which is an increase of 44.63% from the latest price.

Price Target

$25.0

(44.63% upside)

Analyst Consensus: Strong Buy