NASDAQ:SBLK - Star Bulk Carriers Stock Price, News, & Analysis

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$9.63 +0.17 (+1.80 %)
(As of 12/11/2018 11:55 AM ET)
Previous Close$9.46
Today's Range$9.57 - $9.83
52-Week Range$7.99 - $15.38
Volume5,975 shs
Average Volume840,199 shs
Market Capitalization$638.88 million
P/E Ratio-43.95
Dividend YieldN/A
Beta2.49
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. Its vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products. As of October 10, 2018, the company had a fleet of 111 vessels with an aggregate capacity of approximately 12.67 million deadweight ton (dwt), including 17 Newcastlemax, 20 Capesize, 2 Mini Capesize, 7 Post Panamax, 35 Kamsarmax, 2 Panamax, 16 Ultramax, and 12 Supramax vessels. It also provides vessel management services to dry bulk vessels of various sizes. The company was incorporated in 2006 and is based in Maroussi, Greece.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:SBLK
Previous Symbol
CUSIPN/A
Phone011-30-21-0617-8400

Debt

Debt-to-Equity Ratio0.79
Current Ratio1.59
Quick Ratio1.46

Price-To-Earnings

Trailing P/E Ratio-43.95
Forward P/E Ratio10.24
P/E GrowthN/A

Sales & Book Value

Annual Sales$331.98 million
Price / Sales1.96
Cash Flow$1.1356 per share
Price / Cash Flow8.48
Book Value$16.96 per share
Price / Book0.57

Profitability

EPS (Most Recent Fiscal Year)($0.22)
Net Income$-9,770,000.00
Net Margins12.83%
Return on Equity6.91%
Return on Assets3.50%

Miscellaneous

Employees152
Outstanding Shares67,460,000
Market Cap$638.88 million
OptionableOptionable

Star Bulk Carriers (NASDAQ:SBLK) Frequently Asked Questions

What is Star Bulk Carriers' stock symbol?

Star Bulk Carriers trades on the NASDAQ under the ticker symbol "SBLK."

How were Star Bulk Carriers' earnings last quarter?

Star Bulk Carriers Corp. (NASDAQ:SBLK) released its earnings results on Tuesday, November, 20th. The shipping company reported $0.35 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.38 by $0.03. The shipping company had revenue of $188.47 million for the quarter, compared to the consensus estimate of $194.27 million. Star Bulk Carriers had a return on equity of 6.91% and a net margin of 12.83%. View Star Bulk Carriers' Earnings History.

When is Star Bulk Carriers' next earnings date?

Star Bulk Carriers is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Star Bulk Carriers.

What price target have analysts set for SBLK?

6 brokers have issued 1-year price targets for Star Bulk Carriers' stock. Their predictions range from $15.00 to $20.00. On average, they expect Star Bulk Carriers' stock price to reach $17.1667 in the next year. This suggests a possible upside of 78.3% from the stock's current price. View Analyst Price Targets for Star Bulk Carriers.

What is the consensus analysts' recommendation for Star Bulk Carriers?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Star Bulk Carriers in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Star Bulk Carriers.

Has Star Bulk Carriers been receiving favorable news coverage?

Press coverage about SBLK stock has trended somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Star Bulk Carriers earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news coverage about the shipping company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.

Are investors shorting Star Bulk Carriers?

Star Bulk Carriers saw a decline in short interest in November. As of November 15th, there was short interest totalling 547,847 shares, a decline of 58.7% from the October 31st total of 1,326,469 shares. Based on an average daily trading volume, of 802,099 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.7% of the company's stock are sold short. View Star Bulk Carriers' Current Options Chain.

Who are some of Star Bulk Carriers' key competitors?

Who are Star Bulk Carriers' key executives?

Star Bulk Carriers' management team includes the folowing people:
  • Mr. Pertos Alexandros Pappas, Founder, CEO & Director (Age 65)
  • Mr. Hamish Norton, Pres (Age 59)
  • Mr. Simos Spyrou, Co-Chief Financial Officer (Age 44)
  • Mr. Christos Begleris, Co-Chief Financial Officer (Age 37)
  • Mr. Nicos Rescos, Chief Operating Officer (Age 46)

Who are Star Bulk Carriers' major shareholders?

Star Bulk Carriers' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include York Capital Management Global Advisors LLC (8.12%), Impala Asset Management LLC (6.16%), Renaissance Technologies LLC (2.28%), Gilder Gagnon Howe & Co. LLC (1.16%), Marshall Wace LLP (1.02%) and Artemis Investment Management LLP (0.64%).

Which institutional investors are selling Star Bulk Carriers stock?

SBLK stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., River & Mercantile Asset Management LLP, Paloma Partners Management Co, Lombard Odier Asset Management USA Corp, Royce & Associates LP, Engineers Gate Manager LP, Impala Asset Management LLC and Gilder Gagnon Howe & Co. LLC.

Which institutional investors are buying Star Bulk Carriers stock?

SBLK stock was bought by a variety of institutional investors in the last quarter, including York Capital Management Global Advisors LLC, Renaissance Technologies LLC, Artemis Investment Management LLP, Marshall Wace LLP, Acadian Asset Management LLC, Morgan Stanley, GSA Capital Partners LLP and Alliancebernstein L.P..

How do I buy shares of Star Bulk Carriers?

Shares of SBLK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Star Bulk Carriers' stock price today?

One share of SBLK stock can currently be purchased for approximately $9.63.

How big of a company is Star Bulk Carriers?

Star Bulk Carriers has a market capitalization of $638.88 million and generates $331.98 million in revenue each year. The shipping company earns $-9,770,000.00 in net income (profit) each year or ($0.22) on an earnings per share basis. Star Bulk Carriers employs 152 workers across the globe.

What is Star Bulk Carriers' official website?

The official website for Star Bulk Carriers is http://www.starbulk.com.

How can I contact Star Bulk Carriers?

Star Bulk Carriers' mailing address is C/O STAR BULK MANAGEMENT INC. 40 AGIOU KONSTANTINOU STR MAROUSSI, ATHENS J3, 15124. The shipping company can be reached via phone at 011-30-21-0617-8400 or via email at [email protected]


MarketBeat Community Rating for Star Bulk Carriers (NASDAQ SBLK)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  364 (Vote Outperform)
Underperform Votes:  255 (Vote Underperform)
Total Votes:  619
MarketBeat's community ratings are surveys of what our community members think about Star Bulk Carriers and other stocks. Vote "Outperform" if you believe SBLK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SBLK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/11/2018 by MarketBeat.com Staff

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