Star Bulk Carriers Corp. Company Profile (NASDAQ:SBLK)

About Star Bulk Carriers Corp.

Star Bulk Carriers Corp. logoStar Bulk Carriers Corp. is an international shipping company. The Company owns and operates a fleet of dry bulk carrier vessels. The Company's segment is operating dry bulk vessels. The Company will have a fleet of approximately 76 vessels consisting primarily of Newcastlemax and Capesize, as well as Kamsarmax, Ultramax and Supramax vessels, with a carrying capacity between 45,588 dwt and 209,537 deadweight tonnage (dwt). Its fleet, which emphasizes Capesize vessels, primarily transports minerals from the Americas and Australia to East Asia, particularly China, as well as Japan, South Korea, Taiwan, Indonesia and Malaysia. The Company's Supramax vessels carry minerals, grain products and steel between the Americas, Europe, Africa, Australia and Indonesia and from these areas to China, Japan, South Korea, Taiwan, the Philippines and Malaysia. Its vessels include Maharaj, Star Poseidon, Leviathan, Peloreus, Star Borealis, Star Angie, Star Georgia, Star Nina and Mercurial Virgo.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: SBLK
  • CUSIP:
Key Metrics:
  • Previous Close: $9.20
  • 50 Day Moving Average: $8.37
  • 200 Day Moving Average: $5.68
  • 52-Week Range: $2.61 - $9.82
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -153.33
  • P/E Growth: 0.47
  • Market Cap: $420.75M
  • Outstanding Shares: 45,734,000
  • Beta: 2.67
Profitability:
  • Net Margins: -193.75%
  • Return on Equity: -10.82%
  • Return on Assets: -5.61%
Debt:
  • Debt-to-Equity Ratio: 0.89%
  • Current Ratio: 7.18%
  • Quick Ratio: 4.60%
Additional Links:
Companies Related to Star Bulk Carriers Corp.:

Analyst Ratings

Consensus Ratings for Star Bulk Carriers Corp. (NASDAQ:SBLK) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $7.30 (20.65% downside)

Analysts' Ratings History for Star Bulk Carriers Corp. (NASDAQ:SBLK)
Show:
DateFirmActionRatingPrice TargetDetails
2/21/2017Maxim GroupUpgradeHold -> BuyView Rating Details
2/21/2017Deutsche Bank AGUpgradeHold -> Buy$3.50 -> $12.00View Rating Details
2/9/2017Pareto SecuritiesDowngradeBuy -> HoldView Rating Details
1/23/2017Jefferies Group LLCBoost Price TargetBuy$6.50 -> $11.00View Rating Details
9/16/2016Morgan StanleyReiterated RatingSell$3.00View Rating Details
8/2/2016Seaport Global SecuritiesReiterated RatingNeutral$4.00View Rating Details
7/19/2016J P Morgan Chase & CoUpgradeNeutral -> Overweight$6.50View Rating Details
4/21/2016ABN AmroUpgradeAdd -> BuyView Rating Details
1/7/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details
5/7/2015Bank of America CorpDowngradeNeutral -> UnderperformView Rating Details
3/23/2015MLV & Co.Lower Price TargetBuy$9.00 -> $6.00View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Star Bulk Carriers Corp. (NASDAQ:SBLK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017        
9/14/2016Q2($0.66)($0.69)$52.65 millionViewN/AView Earnings Details
6/29/2016Q1($1.04)($0.87)$46.30 millionViewN/AView Earnings Details
2/29/2016Q415($0.12)($0.11)$51.12 millionViewListenView Earnings Details
11/17/2015Q315($0.09)($0.11)$62.58 millionViewListenView Earnings Details
8/31/2015Q215($0.16)($0.12)$55.82 millionViewListenView Earnings Details
6/30/2015Q115($0.20)($0.20)$45.50 millionViewListenView Earnings Details
3/19/2015Q414($0.05)($0.06)$62.11 millionViewN/AView Earnings Details
12/2/2014Q3 14($0.05)($0.03)$36.80 millionViewN/AView Earnings Details
8/20/2014Q2 14($0.02)$0.06ViewN/AView Earnings Details
5/29/2014Q114$0.04$0.06$20.39 million$20.20 millionViewN/AView Earnings Details
3/5/2014Q413$0.04$0.07$18.13 million$16.35 millionViewN/AView Earnings Details
11/26/2013Q3($0.06)$0.13$15.42 million$17.73 millionViewListenView Earnings Details
8/27/2013Q2 2013($0.05)$0.47$14.71 million$17.38 millionViewN/AView Earnings Details
5/28/2013Q1 2013($0.31)$0.51$17.55 million$18.44 millionViewN/AView Earnings Details
11/30/2012-0.70($0.70)$18.42 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Star Bulk Carriers Corp. (NASDAQ:SBLK)
Current Year EPS Consensus Estimate: $-1.30 EPS
Next Year EPS Consensus Estimate: $-0.06 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162($0.30)($0.17)($0.24)
Q2 20162($0.65)($0.19)($0.42)
Q3 20162($0.66)($0.21)($0.44)
Q4 20162($0.31)($0.25)($0.28)
Q1 20172($0.42)($0.26)($0.34)
Q2 20172($0.43)($0.26)($0.35)
Q3 20172($0.44)($0.26)($0.35)
Q4 20172($0.44)($0.24)($0.34)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Star Bulk Carriers Corp. (NASDAQ:SBLK)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Star Bulk Carriers Corp. (NASDAQ:SBLK)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Star Bulk Carriers Corp. (NASDAQ:SBLK)
DateHeadline
capitalcube.com logoStar Bulk Carriers Corp. :SBLK-US: Earnings Analysis: Q4, 2016 By the Numbers : February 27, 2017 (NASDAQ:SBLK)
www.capitalcube.com - February 27 at 4:30 PM
seekingalpha.com logoStar Bulk Carriers Corp. 2018 Q4 - Results - Earnings Call Slides (NASDAQ:SBLK)
seekingalpha.com - February 24 at 9:36 PM
News IconTechnical Levels in Review on Shares of Star Bulk Carriers Corp (SBLK) - Baxter Review (NASDAQ:SBLK)
baxternewsreview.com - February 24 at 5:37 AM
finance.yahoo.com logoEdited Transcript of SBLK earnings conference call or presentation 23-Feb-17 4:00pm GMT (NASDAQ:SBLK)
finance.yahoo.com - February 24 at 5:37 AM
News IconStar Bulk Carriers Corp. To Take Advantage of Its Extremely Low Break-Even Levels During 2017 (NASDAQ:SBLK)
www.hellenicshippingnews.com - February 23 at 7:51 PM
seekingalpha.com logoStar Bulk Carriers' (SBLK) CEO Petros Pappas on Q4 2016 Results - Earnings Call Transcript (NASDAQ:SBLK)
seekingalpha.com - February 23 at 7:51 PM
News IconLevels in View on Shares of Star Bulk Carriers Corp (SBLK) - Rives Journal (NASDAQ:SBLK)
rivesjournal.com - February 23 at 8:08 AM
News IconStock Buzz on Star Bulk Carriers Corp. (NASDAQ:SBLK): Can They Meet the Earnings Target of $-0.2 - Winfield Review (NASDAQ:SBLK)
winfieldreview.com - February 23 at 8:08 AM
News IconFiscal Year Earnings Estimate on Star Bulk Carriers Corp.(SBLK) - Money Flow Index & Trends (NASDAQ:SBLK)
www.moneyflowtrends.com - February 23 at 8:08 AM
News IconStar Bulk Carriers Corp. (NASDAQ:SBLK) Beats Earnings by 50% percent (NASDAQ:SBLK)
techknowbits.com - February 23 at 12:53 AM
News IconStar Bulk Carriers Corp. (SBLK) Upgraded by Deutsche Bank AG to "Buy" (NASDAQ:SBLK)
prensariotiretail.com - February 23 at 12:53 AM
reuters.com logoBRIEF-Star Bulk Carriers Q4 loss per share $0.58 (NASDAQ:SBLK)
www.reuters.com - February 22 at 7:52 PM
News IconStar Bulk Carriers Corp. (NASDAQ:SBLK) shows optimistic Trends (NASDAQ:SBLK)
www.graffiotech.com - February 22 at 7:52 PM
us.rd.yahoo.com logoStar Bulk Carriers Corp. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2016 (NASDAQ:SBLK)
us.rd.yahoo.com - February 22 at 7:52 PM
sg.finance.yahoo.com logoStar Bulk Carriers reports 4Q loss (NASDAQ:SBLK)
sg.finance.yahoo.com - February 22 at 7:52 PM
News IconStar Bulk Carriers Corp (NASDAQ:SBLK)
prensariotiretail.com - February 22 at 9:46 AM
us.rd.yahoo.com logoStar Bulk Carriers upgraded by Deutsche Bank (NASDAQ:SBLK)
us.rd.yahoo.com - February 22 at 9:46 AM
seekingalpha.com logoStar Bulk Carriers upped to Buy at Deutsche Bank on dry bulk market view (NASDAQ:SBLK)
seekingalpha.com - February 21 at 5:10 PM
feeds.benzinga.com logoDeutsche Bank Upgrades Star Bulk, Sees Dry Shippers Ready To Accelerate (NASDAQ:SBLK)
feeds.benzinga.com - February 21 at 12:45 PM
News IconStar Bulk Carriers Corp. (SBLK) Downgraded to “Hold” at Pareto Securities (NASDAQ:SBLK)
www.hellenicshippingnews.com - February 16 at 7:23 PM
News IconStar Bulk Carriers Corp. (NASDAQ:SBLK) Bearish Target At $11 ... - Stock Observer (NASDAQ:SBLK)
www.thestockobserver.com - February 12 at 8:11 AM
seekingalpha.com logoStar Bulk Carrier Profitable In The 4th Quarter Of 2016 (NASDAQ:SBLK)
seekingalpha.com - February 9 at 2:27 AM
News IconStar Bulk Carriers Announces Private Placement (NASDAQ:SBLK)
www.marinelink.com - February 3 at 3:41 AM
finance.yahoo.com logoStar Bulk Carriers Corp. Announces Closing of Private Placement of 6,310,272 Common Shares (NASDAQ:SBLK)
finance.yahoo.com - February 3 at 3:41 AM
News IconEarnings in Full Force, Analysts Take Aim at Star Bulk Carriers Corp. (NASDAQ:SBLK) - Wall Street Beacon (NASDAQ:SBLK)
wsbeacon.com - January 28 at 6:19 AM
News IconStar Bulk Carriers Corp. (NASDAQ:SBLK) Bearish Target At $11 - Stock Observer (NASDAQ:SBLK)
www.thestockobserver.com - January 28 at 6:19 AM
News IconChartists Take Note As Stock Moves Into Overbought RSI Range: Star Bulk Carriers Corp. (NASDAQ:SBLK) - Wall Street Beacon (NASDAQ:SBLK)
wsbeacon.com - January 24 at 1:04 AM
News IconPriming The Pump: Stock Volatility Spotted in Star Bulk Carriers Corp. (NASDAQ:SBLK) - Wall Street Beacon (NASDAQ:SBLK)
wsbeacon.com - January 24 at 1:04 AM
News IconStock Touches New High Post-Inauguration: Star Bulk Carriers Corp. (NASDAQ:SBLK) - Wall Street Beacon (NASDAQ:SBLK)
wsbeacon.com - January 24 at 1:04 AM
reuters.com logoBRIEF-Star Bulk Carriers Corp announces agreements for a $51.5 mln private placement of common shares (NASDAQ:SBLK)
www.reuters.com - January 23 at 8:04 PM
News IconStar Bulk Carriers Raises $51.5mln (NASDAQ:SBLK)
www.marinelink.com - January 23 at 8:04 PM
finance.yahoo.com logo8:57 am Star Bulk Carriers announces $51.5 mln aggreements for a Private Placement of common shares (NASDAQ:SBLK)
finance.yahoo.com - January 23 at 8:04 PM
finance.yahoo.com logoStar Bulk Carriers (SBLK) Looks Good: Stock Jumps 9.4% (NASDAQ:SBLK)
finance.yahoo.com - January 23 at 8:48 AM
News IconChecking on CCI, MA, RSI and ADX for Star Bulk Carriers Corp. (SBLK) - Sherwood Daily (NASDAQ:SBLK)
sherwooddaily.com - January 22 at 7:27 PM
News IconStock Update on Earnings & Estimates for Star Bulk Carriers Corp. (NASDAQ:SBLK) - Aiken Advocate (NASDAQ:SBLK)
aikenadvocate.com - January 22 at 7:27 PM
News IconMarket Review: Indicator Watch for Star Bulk Carriers Corp. (SBLK) - Rives Journal (NASDAQ:SBLK)
rivesjournal.com - January 20 at 11:36 PM
News IconStar Bulk Carriers Corp. (NASDAQ:SBLK) shows weekly volitility of 11.64% - The Newburgh Press (NASDAQ:SBLK)
newburghpress.com - January 20 at 11:36 PM
News IconInvestors Priming the Pump as Stock Reaches Most Volatile List: Star Bulk Carriers Corp. (NASDAQ:SBLK) - Wall Street Beacon (NASDAQ:SBLK)
wsbeacon.com - January 18 at 1:08 AM
News IconWill The Needle Move For Star Bulk Carriers Corp. (NASDAQ:SBLK) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:SBLK)
wsbeacon.com - January 15 at 8:25 AM
News IconPrice Don't Lie: Is Buying 52-Week Stock Like Star Bulk Carriers Corp. a Winning Strategy? - Fair View Times (NASDAQ:SBLK)
fairviewtimes.com - January 12 at 9:23 PM
News IconStock Reaching Most Volatile List Today: Star Bulk Carriers Corp ... - Wall Street Beacon (NASDAQ:SBLK)
wsbeacon.com - January 12 at 3:26 AM
News IconCan Star Bulk Carriers Corp's (SBLK) Debt Pose A Serious Problem For The Company? - Simply Wall St (NASDAQ:SBLK)
simplywall.st - January 5 at 6:28 AM
News IconDaily Sentiment Score Of Star Bulk Carriers Corp. (NASDAQ:SBLK) At 0 - Stock Observer (NASDAQ:SBLK)
www.thestockobserver.com - December 29 at 12:34 AM
stocksdaily.net logoStar Bulk Carriers Corp. (NASDAQ:SBLK) EPS Projection At $-0.38? - Stocks Daily (NASDAQ:SBLK)
www.stocksdaily.net - December 29 at 12:34 AM
News IconStar Bulk Carriers Corp. (SBLK) Shares Active after Upgrade at ... - The Ledger Gazette (NASDAQ:SBLK)
ledgergazette.com - December 29 at 12:34 AM
investornewswire.com logoStar Bulk Carriers Corp. (NASDAQ:SBLK) Strong Buy Recommendations At 3 - Investor Newswire (NASDAQ:SBLK)
www.investornewswire.com - December 26 at 6:58 PM
News IconQuarterly EPS Of Star Bulk Carriers Corp. (NASDAQ:SBLK) At $-0.11 - Stock Observer (NASDAQ:SBLK)
www.thestockobserver.com - December 26 at 6:58 PM
News IconStar Bulk Carriers Corp. (SBLK) Receives Average Rating of “Hold ... - Hellenic Shipping News Worldwide (NASDAQ:SBLK)
www.hellenicshippingnews.com - December 22 at 8:05 PM
News IconWatching Technical Positions on Star Bulk Carriers Corp. (SBLK) - Yankee Analysts (NASDAQ:SBLK)
yankeeanalysts.com - December 21 at 8:08 AM
News IconStar Bulk Carriers Corp. Strong Sell Recommendations (NASDAQ:SBLK)
www.hellenicshippingnews.com - December 21 at 12:50 AM

Social

What is Star Bulk Carriers Corp.'s stock symbol?

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

Where is Star Bulk Carriers Corp.'s stock going? Where will Star Bulk Carriers Corp.'s stock price be in 2017?

8 equities research analysts have issued 1-year price objectives for Star Bulk Carriers Corp.'s stock. Their forecasts range from $3.00 to $12.00. On average, they anticipate Star Bulk Carriers Corp.'s share price to reach $7.30 in the next year.

When will Star Bulk Carriers Corp. announce their earnings?

Star Bulk Carriers Corp. is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

What are analysts saying about Star Bulk Carriers Corp. stock?

Here are some recent quotes from research analysts about Star Bulk Carriers Corp. stock:

  • According to Zacks Investment Research, "STAR BULK is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. Star Bulk's vessels transport major bulks, which include iron ore, coal and grain and minor bulks such as bauxite, fertilizers and steel products. Star Bulk was incorporated in the Marshall Islands and is headquartered in Athens, Greece. Its common stock and warrants trade on the NASDAQ Global Market under the symbols SBLK and SBLKW respectively. Currently, Star Bulk has an operating fleet of nine dry bulk carriers, plus definitive agreement to acquire two further dry bulk carriers. " (1/25/2017)

  • Morgan Stanley analysts commented, "We estimate these changes to have reduced the company’s cash breakeven from ~$11.5kpd to ~$9.0kpd, one of the lowest amongst its peers, yet still below quarterly average spot rate levels." (9/16/2016)

Who owns Star Bulk Carriers Corp. stock?

Star Bulk Carriers Corp.'s stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Caspian Capital LP (7.73%), Angelo Gordon & CO. L.P. (3.53%), Oceanic Investment Management LTD (1.83%), GLG Partners LP (1.42%), GSA Capital Partners LLP (0.90%) and Marshall Wace LLP (0.54%).

Who sold Star Bulk Carriers Corp. stock? Who is selling Star Bulk Carriers Corp. stock?

Star Bulk Carriers Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Caspian Capital LP.

Who bought Star Bulk Carriers Corp. stock? Who is buying Star Bulk Carriers Corp. stock?

Star Bulk Carriers Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including Angelo Gordon & CO. L.P., Oceanic Investment Management LTD, GSA Capital Partners LLP, Marshall Wace LLP, Renaissance Technologies LLC, A.R.T. Advisors LLC and Monarch Alternative Capital LP.

How do I buy Star Bulk Carriers Corp. stock?

Shares of Star Bulk Carriers Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Star Bulk Carriers Corp. stock cost?

One share of Star Bulk Carriers Corp. stock can currently be purchased for approximately $9.20.

Star Bulk Carriers Corp. (NASDAQ:SBLK) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Star Bulk Carriers Corp. (NASDAQ:SBLK)

Earnings History Chart

Earnings by Quarter for Star Bulk Carriers Corp. (NASDAQ:SBLK)

Dividend History Chart

Dividend Payments by Quarter for Star Bulk Carriers Corp. (NASDAQ:SBLK)

Last Updated on 2/27/2017 by MarketBeat.com Staff