Star Bulk Carriers Corp. (SBLK)
Market Cap | 2.02B |
Revenue (ttm) | 949.27M |
Net Income (ttm) | 173.56M |
Shares Out | 84.02M |
EPS (ttm) | 1.75 |
PE Ratio | 13.75 |
Forward PE | 5.97 |
Dividend | $1.42 (5.90%) |
Ex-Dividend Date | Mar 11, 2024 |
Volume | 1,197,145 |
Open | 23.89 |
Previous Close | 23.81 |
Day's Range | 23.67 - 24.08 |
52-Week Range | 16.57 - 25.16 |
Beta | 1.13 |
Analysts | Strong Buy |
Price Target | 53.50 (+122.27%) |
Earnings Date | May 14, 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... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for SBLK stock is "Strong Buy." The 12-month stock price forecast is $53.5, which is an increase of 122.27% from the latest price.
News
Star Bulk Carriers Corp. Announces Change Of Transfer Agent And Registrar
ATHENS, Greece, March 04, 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 a...
EAGLE BULK SHIPPING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Eagle Bulk Shipping Inc. - EGLE
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Eagle Bulk Shipp...
Star Bulk Carriers Corp. Reports Net Profit of $39.7 Million for the Fourth Quarter of 2023, and Declares Quarterly Dividend of $0.45 Per Share
ATHENS, Greece, Feb. 12, 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 Announces Date for the Release of Fourth Quarter and Twelve Months Ended December 31, 2023 Results, Conference Call and Webcast
ATHENS, Greece, Feb. 07, 2024 (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 and twe...
Red Sea container traffic is down almost 30% amid Houthi attacks, says IMF, as experts weigh wider impact
Houthi attacks on cargo ships have cut Red Sea container traffic by almost 30% since late last year, according to the International Monetary Fund.
Shipping stocks rise as latest Houthi attack thrusts dry bulk fleet into the spotlight
Shipping stocks were on the rise Tuesday despite Monday's ballistic missile attack on a U.S. -owned vessel in the Gulf of Aden.
What's going on with the Star Bulk Carriers (SBLK) stock?
Star Bulk Carriers (NASDAQ: SBLK) stock price has moved sideways in the past few weeks as investors focus on the shipping industry. The shares were trading at $21 on Tuesday, a few points below last m...
Star Bulk Successfully Completes the Second Repurchase of 10 Million of Its Common Shares From Oaktree
ATHENS, Greece, Dec. 01, 2023 (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. Reports Net Profit of $43.7 Million for the Third Quarter of 2023, and Declares Quarterly Dividend of $0.22 Per Share
ATHENS, Greece, Nov. 13, 2023 (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, ...
These 3 Industrial Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Copa Holdings (NYSE:CPA), Genco Shipping & Trading (NYSE:GNK)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Star Bulk Announces the Repurchase of an Additional 10 Million of its Common Shares From Oaktree
ATHENS, Greece, Oct. 30, 2023 (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 Announces Date for the Release of Third Quarter Ended September 30, 2023 Results, Conference Call and Webcast
ATHENS, Greece, Oct. 11, 2023 (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 S...
Star Bulk Announces Its 2022 Environmental, Social and Governance (ESG) Report
ATHENS, Greece, Oct. 09, 2023 (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 Announces the Repurchase of 10 Million of Its Common Shares
ATHENS, Greece, Sept. 22, 2023 (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 Announces Changes to Its Board of Directors
ATHENS, Greece, Aug. 30, 2023 (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 Announces Availability of US Dividend Tax Treatment Forms
ATHENS, Greece, Aug. 23, 2023 (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 Announces Date for the Release of Second Quarter Ended June 30, 2023 Results, Conference Call and Webcast
ATHENS, Greece, July 18, 2023 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK) today announced that it will release its results for the second quarter ended J...
Star Bulk Carriers Corp. Reports Net Profit of $45.9 Million For the First Quarter of 2023, Declares Quarterly Dividend of $0.35 per Share and Renews Share Repurchase Program of up to $50.0 Million
ATHENS, Greece, May 16, 2023 (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, t...
Star Bulk Announces Results of Its 2023 Annual Meeting of Shareholders
ATHENS, Greece, May 08, 2023 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. ( the “Company” or “Star Bulk”) (NASDAQ: SBLK) announced that the Company's Annual Meeting of Shareholders was duly held today...
Star Bulk Announces Date for the Release of First Quarter Ended March 31, 2023 Results, Conference Call and Webcast
ATHENS, Greece, May 03, 2023 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the first quarter ended Ma...
Star Bulk Carriers Corp. Reports Net Profit of $85.8 Million for the Fourth Quarter of 2022 and Declares Quarterly Dividend of $0.60 Per Share
ATHENS, Greece, Feb. 16, 2023 (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, ...
Grade My Trade: SBLK, QQQ & ADM
CNBC's ‘Halftime Report' investment committee, Jenny Harrington, Steve Weiss and Joe Terranova, weigh in on Star Bulk Carrier, NASDAQ 100 and Archer Daniels.
Star Bulk Announces Date for the Release of Fourth Quarter and Twelve Months Ended December 31, 2022 Results, Conference Call and Webcast
ATHENS, Greece, Jan. 31, 2023 (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 and tw...
Final Trades: Abbvie, Goldman Sachs, Charles River & more
The "Halftime Report" traders give their top picks to watch for the second half.
Star Bulk Carriers Corp. Achieves a Score of B (Management Level) at the Carbon Disclosure Project (CDP) for 2022
ATHENS, Greece, Dec. 20, 2022 (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, ...