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

Sign in or create an account to add this stock to your watchlist.
$12.53 +0.13 (+1.05 %)
(As of 08/16/2018 04:00 PM ET)
Previous Close$12.40
Today's Range$12.45 - $12.74
52-Week Range$8.62 - $14.60
Volume232,800 shs
Average Volume402,997 shs
Market Capitalization$842.97 million
P/E Ratio-56.95
Dividend YieldN/A
Beta2.24
Star Bulk Carriers logoStar 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 May 14, 2018, the company had a fleet of 108 vessels with an aggregate capacity of approximately 12.26 million deadweight ton (dwt), including 17 Newcastlemax, 18 Capesize, 2 Mini Capesize, 7 Post Panamax, 35 Kamsarmax, 2 Panamax, 16 Ultramax, and 11 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.

Receive SBLK News and Ratings via Email

Sign-up to receive the latest news and ratings for SBLK and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.83
Current Ratio1.66
Quick Ratio1.56

Price-To-Earnings

Trailing P/E Ratio-56.95
Forward P/E Ratio9.64
P/E GrowthN/A

Sales & Book Value

Annual Sales$331.98 million
Price / Sales2.42
Cash Flow$1.0655 per share
Price / Cash11.76
Book Value$16.96 per share
Price / Book0.74

Profitability

EPS (Most Recent Fiscal Year)($0.22)
Net Income$-9,770,000.00
Net Margins8.39%
Return on Equity3.79%
Return on Assets1.90%

Miscellaneous

Employees152
Outstanding Shares64,150,000
Market Cap$842.97 million

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) issued its quarterly earnings results on Monday, June, 11th. The shipping company reported $0.18 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.17 by $0.01. The shipping company earned $121.06 million during the quarter, compared to analysts' expectations of $100.93 million. Star Bulk Carriers had a net margin of 8.39% and a return on equity of 3.79%. 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 Monday, November, 19th 2018. View Earnings Estimates for Star Bulk Carriers.

What price target have analysts set for SBLK?

7 equities research analysts have issued 12-month target prices for Star Bulk Carriers' shares. Their predictions range from $15.00 to $20.00. On average, they expect Star Bulk Carriers' share price to reach $16.5833 in the next twelve months. This suggests a possible upside of 32.3% from the stock's current price. View Analyst Price Targets for Star Bulk Carriers.

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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Star Bulk Carriers in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Star Bulk Carriers.

Are investors shorting Star Bulk Carriers?

Star Bulk Carriers saw a drop in short interest in the month of July. As of July 13th, there was short interest totalling 432,180 shares, a drop of 24.3% from the June 29th total of 571,234 shares. Based on an average daily volume of 386,884 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.8% of the shares of the company 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)

Has Star Bulk Carriers been receiving favorable news coverage?

News headlines about SBLK stock have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Star Bulk Carriers earned a news and rumor sentiment score of 0.12 on Accern's scale. They also gave news articles about the shipping company an impact score of 46.11 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Star Bulk Carriers.

Who are Star Bulk Carriers' major shareholders?

Star Bulk Carriers' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (1.71%), Gilder Gagnon Howe & Co. LLC (1.23%), Millennium Management LLC (1.02%), Marshall Wace LLP (0.58%), River & Mercantile Asset Management LLP (0.56%) and Royce & Associates LP (0.40%).

Which institutional investors are selling Star Bulk Carriers stock?

SBLK stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, BlueMountain Capital Management LLC, Engineers Gate Manager LP and Millennium Management LLC.

Which institutional investors are buying Star Bulk Carriers stock?

SBLK stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Gilder Gagnon Howe & Co. LLC, Laurion Capital Management LP, GSA Capital Partners LLP, Key Square Capital Management LLC, Marshall Wace LLP, Macquarie Group Ltd. and Dynamic Technology Lab Private Ltd.

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 $12.53.

How big of a company is Star Bulk Carriers?

Star Bulk Carriers has a market capitalization of $842.97 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.

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:  3.0 out of 5 (star star star)
Outperform Votes:  353 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  589
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 8/16/2018 by MarketBeat.com Staff

Featured Article: Penny Stocks

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.