Star Bulk Carriers (SBLK) Projected to Post Earnings on Wednesday

Star Bulk Carriers (NASDAQ:SBLK - Get Free Report) is anticipated to release its Q2 2025 earnings data after the market closes on Wednesday, August 6th. Analysts expect Star Bulk Carriers to post earnings of $0.04 per share and revenue of $188.41 million for the quarter.

Star Bulk Carriers (NASDAQ:SBLK - Get Free Report) last announced its earnings results on Wednesday, May 14th. The shipping company reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.28) by $0.21. Star Bulk Carriers had a return on equity of 8.20% and a net margin of 18.62%. The firm had revenue of $159.28 million during the quarter, compared to analyst estimates of $162.57 million. During the same period last year, the firm posted $0.87 EPS. On average, analysts expect Star Bulk Carriers to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Star Bulk Carriers Stock Performance

SBLK traded up $0.16 during trading hours on Friday, hitting $18.42. The stock had a trading volume of 574,682 shares, compared to its average volume of 1,776,542. The company's fifty day simple moving average is $17.42 and its 200 day simple moving average is $16.00. Star Bulk Carriers has a 1 year low of $12.06 and a 1 year high of $23.82. The stock has a market cap of $2.17 billion, a PE ratio of 9.30 and a beta of 0.93. The company has a quick ratio of 1.47, a current ratio of 1.65 and a debt-to-equity ratio of 0.42.

Star Bulk Carriers Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Friday, June 6th were paid a $0.05 dividend. The ex-dividend date was Friday, June 6th. This represents a $0.20 annualized dividend and a yield of 1.1%. Star Bulk Carriers's dividend payout ratio (DPR) is currently 10.10%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Star Bulk Carriers from a "sell" rating to a "hold" rating in a research report on Saturday, July 12th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Star Bulk Carriers presently has a consensus rating of "Hold" and a consensus price target of $22.05.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Star Bulk Carriers stock. Royal Bank of Canada raised its position in shares of Star Bulk Carriers Corp. (NASDAQ:SBLK - Free Report) by 94.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,275 shares of the shipping company's stock after buying an additional 56,930 shares during the quarter. Royal Bank of Canada owned about 0.10% of Star Bulk Carriers worth $1,825,000 as of its most recent SEC filing. 33.91% of the stock is currently owned by institutional investors and hedge funds.

Star Bulk Carriers Company Profile

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 209,537 dwt.