Star Bulk Carriers Corp. (SBLK)
NASDAQ: SBLK · IEX Real-Time Price · USD
24.84
-0.14 (-0.56%)
At close: Jul 2, 2024, 4:00 PM
24.95
+0.11 (0.44%)
After-hours: Jul 2, 2024, 7:54 PM EDT

Star Bulk Carriers Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Star Bulk Carriers stock have an average target of 30, which predicts an increase of 20.77% from the current stock price of 24.84.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $30 $30 $30 $30
Change +20.77% +20.77% +20.77% +20.77%
* Price targets were last updated on May 24, 2024.

Analyst Ratings

The average analyst rating for SBLK stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 222222
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Strong Buy
Maintains
$28$30
Strong Buy Maintains $28$30 +20.77% May 24, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$30
Strong Buy Maintains $30 +20.77% May 23, 2024
Stifel
Stifel
Strong Buy
Maintains
$27$28
Strong Buy Maintains $27$28 +12.72% Feb 14, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$22$24
Strong Buy Maintains $22$24 -3.38% Nov 30, 2023
Jefferies
Jefferies
Strong Buy
Reiterates
$22
Strong Buy Reiterates $22 -11.43% Nov 14, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
1.30B
from 949.27M
Increased by 36.84%
Revenue Next Year
1.47B
from 1.30B
Increased by 12.93%
EPS This Year
4.20
from 1.75
Increased by 139.90%
EPS Next Year
4.87
from 4.20
Increased by 15.89%
Year 201920202021202220232024202520262027
Revenue
821.37M693.24M1.43B1.44B949.27M1.30B1.47B1.44B1.01B
Revenue Growth
26.06%-15.60%105.91%0.68%-33.95%36.84%12.93%-2.11%-30.01%
EPS
-0.170.106.715.521.754.204.874.413.25
EPS Growth
--6,610.00%-17.73%-68.30%139.90%15.89%-9.43%-26.16%
Forward PE
-----5.925.115.647.63
No. Analysts -----101093
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 1.6B 1.9B 1.7B 1.0B
Avg 1.3B 1.5B 1.4B 1.0B
Low 981.0M 908.5M 1.2B 965.3M

Revenue Growth

Revenue Growth 2024202520262027
High
71.3%
48.0%
16.3%
-28.0%
Avg
36.8%
12.9%
-2.1%
-30.0%
Low
3.3%
-30.1%
-20.0%
-32.8%

EPS Forecast

EPS 2024202520262027
High 4.83 6.03 5.86 3.35
Avg 4.20 4.87 4.41 3.25
Low 3.34 4.20 2.66 3.13

EPS Growth

EPS Growth 2024202520262027
High
176.0%
43.6%
20.4%
-24.0%
Avg
139.9%
15.9%
-9.4%
-26.2%
Low
91.0%
0.1%
-45.4%
-29.1%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.