Star Bulk Carriers Corp. (SBLK)

NASDAQ: SBLK · IEX Real-Time Price · USD
23.87
-0.20 (-0.83%)
At close: Mar 28, 2024, 4:00 PM
23.83
-0.04 (-0.17%)
After-hours: Mar 28, 2024, 5:22 PM EDT

Total Valuation

SBLK has a market cap or net worth of $2.02 billion. The enterprise value is $3.03 billion.

Market Cap 2.02B
Enterprise Value 3.03B

Important Dates

The next estimated earnings date is Tuesday, May 14, 2024, after market close.

Earnings Date May 14, 2024
Ex-Dividend Date Mar 11, 2024

Share Statistics

SBLK has 84.02 million shares outstanding. The number of shares has decreased by -3.52% in one year.

Shares Outstanding 84.02M
Shares Change (YoY) -3.52%
Shares Change (QoQ) -14.59%
Owned by Insiders (%) 7.13%
Owned by Institutions (%) 38.70%
Float 71.73M

Valuation Ratios

The trailing PE ratio is 13.75 and the forward PE ratio is 5.97. SBLK's PEG ratio is 1.95.

PE Ratio 13.75
Forward PE 5.97
PS Ratio 2.13
Forward PS 2.20
PB Ratio 1.22
P/FCF Ratio 3.56
PEG Ratio 1.95
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.70, with an EV/FCF ratio of 5.32.

EV / Earnings 17.44
EV / Sales 3.19
EV / EBITDA 7.70
EV / EBIT 12.35
EV / FCF 5.32

Financial Position

The company has a current ratio of 1.26, with a Debt / Equity ratio of 0.76.

Current Ratio 1.26
Quick Ratio 0.91
Debt / Equity 0.76
Debt / EBITDA 3.22
Debt / FCF 2.22
Interest Coverage 3.44

Financial Efficiency

Return on equity (ROE) is 9.30% and return on invested capital (ROIC) is 8.14%.

Return on Equity (ROE) 9.30%
Return on Assets (ROA) 5.40%
Return on Capital (ROIC) 8.14%
Revenue Per Employee $4.39M
Profits Per Employee $803,500
Employee Count 216
Asset Turnover 0.30
Inventory Turnover 8.26

Taxes

In the past 12 months, SBLK has paid $183,000 in taxes.

Income Tax 183,000
Effective Tax Rate 0.11%

Stock Price Statistics

The stock price has increased by +17.37% in the last 52 weeks. The beta is 1.13, so SBLK's price volatility has been higher than the market average.

Beta (1Y) 1.13
52-Week Price Change +17.37%
50-Day Moving Average 23.02
200-Day Moving Average 19.90
Relative Strength Index (RSI) 52.91
Average Volume (30 Days) 1,428,840

Short Selling Information

Short Interest 4.21M
Short Previous Month 3.85M
Short % of Shares Out 5.02%
Short % of Float 5.87%
Short Ratio (days to cover) 2.68

Income Statement

In the last 12 months, SBLK had revenue of $949.27 million and earned $173.56 million in profits. Earnings per share was $1.75.

Revenue 949.27M
Gross Profit 414.47M
Operating Income 238.46M
Pretax Income 173.74M
Net Income 173.56M
EBITDA 393.28M
EBIT 245.06M
Earnings Per Share (EPS) $1.75
Full Income Statement

Balance Sheet

The company has $259.73 million in cash and $1.26 billion in debt, giving a net cash position of -$1.01 billion or -$11.96 per share.

Cash & Cash Equivalents 259.73M
Total Debt 1.26B
Net Cash -1.01B
Net Cash Per Share -$11.96
Equity / Book Value 1.66B
Book Value Per Share 19.76
Working Capital 95.03M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $335.78 million and capital expenditures $232.88 million, giving a free cash flow of $568.65 million.

Operating Cash Flow 335.78M
Capital Expenditures 232.88M
Free Cash Flow 568.65M
FCF Per Share $5.78
Full Cash Flow Statement

Margins

Gross margin is 43.66%, with operating and profit margins of 25.12% and 18.28%.

Gross Margin 43.66%
Operating Margin 25.12%
Pretax Margin 18.30%
Profit Margin 18.28%
EBITDA Margin 41.43%
EBIT Margin 25.82%
FCF Margin 59.90%

Dividends & Yields

This stock pays an annual dividend of $1.42, which amounts to a dividend yield of 5.95%.

Dividend Per Share $1.42
Dividend Yield 5.95%
Dividend Growth (YoY) -72.16%
Years of Dividend Growth n/a
Payout Ratio 81.14%
Buyback Yield 3.52%
Shareholder Yield 9.38%
Earnings Yield 8.58%
FCF Yield 28.12%
Dividend Details

Analyst Forecast

The average price target for SBLK is $53.50, which is 124.13% higher than the current price. The consensus rating is "Strong Buy".

Price Target $53.50
Price Target Difference 124.13%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on June 20, 2016. It was a reverse split with a ratio of 1:5.

Last Split Date Jun 20, 2016
Split Type Reverse
Split Ratio 1:5

Scores

SBLK has an Altman Z-Score of 1.21 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.21
Piotroski F-Score 6