Star Bulk Carriers Corp. (SBLK)

NASDAQ: SBLK · IEX Real-Time Price · USD
20.11
-0.36 (-1.76%)
At close: Dec 6, 2023, 4:00 PM
19.96
-0.15 (-0.75%)
Pre-market: Dec 7, 2023, 8:11 AM EST
-1.76%
Market Cap 1.89B
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 93.86M
EPS (ttm) 3.16
PE Ratio 6.36
Forward PE 6.46
Dividend $0.88 (4.38%)
Ex-Dividend Date Dec 4, 2023
Volume 3,084
Open 20.44
Previous Close 20.47
Day's Range 20.09 - 20.50
52-Week Range 16.57 - 25.03
Beta 1.00
Analysts Strong Buy
Price Target 24.50 (+21.83%)
Earnings Date Nov 13, 2023

About SBLK

Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company's vessels transport a range of bulk commodities, including iron ores, minerals and grains, bauxite, fertilizers, and steel products. As of December 31, 2022, it had a fleet of 128 dry bulk vessels with an aggregate capacity of approximately 14.1 million deadweight tons, including Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax vessels. The company also provides vessel management services. ... [Read more]

Industry Marine Shipping
Sector Industrials
CEO Petros Alexandros Pappas
Employees 209
Stock Exchange NASDAQ
Ticker Symbol SBLK
Full Company Profile

Financial Performance

In 2022, SBLK's revenue was $1.44 billion, an increase of 0.68% compared to the previous year's $1.43 billion. Earnings were $566.00 million, a decrease of -16.83%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SBLK stock is "Strong Buy." The 12-month stock price forecast is $24.5, which is an increase of 21.83% from the latest price.

Price Target
$24.5
(21.83% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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, ...

5 days 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, ...

23 days 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
27 days 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, ...

5 weeks 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...

2 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, ...

2 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,...

2 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, ...

3 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, ...

3 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...

5 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...

7 months 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...

7 months 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...

7 months 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, ...

10 months 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
10 months 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...

11 months 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
11 months ago - CNBC Television

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, ...

1 year ago - GlobeNewsWire

Star Bulk Carriers Corp. Reports Net Profit of $109.7 Million for the Third Quarter of 2022 and Declares Quarterly Dividend of $1.20 Per Share

ATHENS, Greece, Nov. 16, 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, ...

1 year ago - GlobeNewsWire

Star Bulk Carriers Corp. Announces its 2021 Environmental, Social and Governance (ESG) Report

ATHENS, Greece, Nov. 07, 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, ...

1 year ago - GlobeNewsWire

Star Bulk Announces Date for the Release of Third Quarter and Nine Months Ended September 30, 2022 Results, Conference Call and Webcast

ATHENS, Greece, Oct. 19, 2022 (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 and nin...

1 year ago - GlobeNewsWire

Shipping Stocks: More Pain to Come?

Investing in sectors that rely on freely traded commodities is incredibly difficult. I'm not just talking about traditional commodities such as coal and iron ore here.

1 year ago - GuruFocus

4 Graham-Style Stocks to Consider

To increase their chances of discovering value opportunities, value investors may want to look for stocks whose Graham blended multipliers are below 22.5. Created by Benjamin Graham, the father of val...

Other symbols: AATECKVIPS
1 year ago - GuruFocus

Star Bulk Carriers Corp. Reports Net Profit of $200.1 Million for the Second Quarter of 2022 and Declares Quarterly Dividend of $1.65 Per Share

ATHENS, Greece, Aug. 04, 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, ...

1 year ago - GlobeNewsWire

Star Bulk Announces New Conference Call Dial-In Details for Second Quarter and Half Year Ended June 30, 2022 Results, Conference Call and Webcast

ATHENS, Greece, July 27, 2022 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), will release its results for the second quarter and half year ended June 30, 2...

1 year ago - GlobeNewsWire