Star Bulk Carriers Corp. (SBLK)

NASDAQ: SBLK · IEX Real-Time Price · USD
23.10
+0.08 (0.35%)
Apr 17, 2024, 4:00 PM EDT - Market closed
0.35%
Market Cap 2.62B
Revenue (ttm) 949.27M
Net Income (ttm) 173.56M
Shares Out 113.41M
EPS (ttm) 1.75
PE Ratio 13.15
Forward PE 5.78
Dividend $1.42 (6.15%)
Ex-Dividend Date Mar 11, 2024
Volume 1,835,444
Open 23.36
Previous Close 23.02
Day's Range 23.07 - 23.46
52-Week Range 16.57 - 25.16
Beta 1.09
Analysts Strong Buy
Price Target 53.50 (+131.6%)
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]

Industry Marine Shipping
Sector Industrials
CEO Petros Alexandros Pappas
Employees 216
Stock Exchange NASDAQ
Ticker Symbol SBLK
Full Company Profile

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 Statements

Analyst 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 131.60% from the latest price.

Price Target
$53.5
(131.60% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Star Bulk Completes Merger With Eagle Bulk

ATHENS, Greece, April 09, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (“Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced ...

8 days ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

7 weeks ago - Business Wire

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, ...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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.

Other symbols: AMKBYGNKGOGLSB
2 months ago - Market Watch

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.

Other symbols: GNKGOGLSB
3 months ago - Market Watch

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...

3 months ago - Invezz

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, ...

4 months ago - GlobeNewsWire

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, ...

5 months ago - GlobeNewsWire

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...

Other symbols: CPAGNK
5 months ago - Benzinga

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, ...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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, ...

6 months ago - GlobeNewsWire

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,...

7 months ago - GlobeNewsWire

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, ...

8 months ago - GlobeNewsWire

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, ...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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, ...

1 year ago - GlobeNewsWire

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.

Other symbols: QQQADM
1 year ago - CNBC Television

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...

1 year ago - GlobeNewsWire

Final Trades: Abbvie, Goldman Sachs, Charles River & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: ABBVCRLGS
1 year ago - CNBC Television