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 April 10, 2019, the company had a fleet of 109 vessels with an aggregate capacity of approximately 12.45 million deadweight ton, including 17 Newcastlemax, 19 Capesize, 2 Mini Capesize, 7 Post Panamax, 35 Kamsarmax, 2 Panamax, 17 Ultramax, and 10 Supramax vessels.
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Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Phone011-30-21-0617-8400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$651.56 million
Profitability
Miscellaneous
Employees169
Next Earnings Date2/10/2020 (Estimated)
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 often does Star Bulk Carriers pay dividends? What is the dividend yield for Star Bulk Carriers?
Star Bulk Carriers declared a quarterly dividend on Wednesday, November 20th. Stockholders of record on Monday, December 2nd will be paid a dividend of $0.05 per share on Monday, December 16th. This represents a $0.20 annualized dividend and a dividend yield of 2.12%. The ex-dividend date of this dividend is Friday, November 29th. View Star Bulk Carriers' Dividend History.
How were Star Bulk Carriers' earnings last quarter?
Star Bulk Carriers Corp. (NASDAQ:SBLK) issued its earnings results on Wednesday, November, 20th. The shipping company reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.17 by $0.01. The shipping company earned $248.44 million during the quarter, compared to analyst estimates of $215.35 million. Star Bulk Carriers had a negative net margin of 3.50% and a positive return on equity of 1.24%. View Star Bulk Carriers' Earnings History.
When is Star Bulk Carriers' next earnings date?
What price target have analysts set for SBLK?
3 brokerages have issued 12 month target prices for Star Bulk Carriers' stock. Their forecasts range from $15.00 to $15.00. On average, they expect Star Bulk Carriers' stock price to reach $15.00 in the next year. This suggests a possible upside of 59.1% from the stock's current price. View Analyst Price Targets for Star Bulk Carriers.
What is the consensus analysts' recommendation for Star Bulk Carriers?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Star Bulk Carriers in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Star Bulk Carriers.
Has Star Bulk Carriers been receiving favorable news coverage?
Media stories about SBLK stock have been trending very positive on Friday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Star Bulk Carriers earned a news sentiment score of 4.0 on InfoTrie's scale. They also gave news articles about the shipping company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Star Bulk Carriers.
Are investors shorting Star Bulk Carriers?
Star Bulk Carriers saw a increase in short interest in December. As of December 31st, there was short interest totalling 1,620,000 shares, an increase of 6.6% from the December 15th total of 1,520,000 shares. Based on an average daily volume of 663,900 shares, the days-to-cover ratio is currently 2.4 days. Currently, 2.2% of the company's stock are short sold. View Star Bulk Carriers' Current Options Chain.
Who are some of Star Bulk Carriers' key competitors?
Some companies that are related to Star Bulk Carriers include SEASPAN CORP/SH SH (SSW), Euronav (EURN), Frontline (FRO), Scorpio Tankers (STNG), Ship Finance International (SFL), DHT (DHT), COSTAMARE INC/SH (CMRE), PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), Dorian LPG (LPG), Navigator (NVGS), DryShips (DRYS), Teekay (TK), Genco Shipping & Trading (GNK) and Scorpio Bulkers (SALT).
What other stocks do shareholders of Star Bulk Carriers own?
Who are Star Bulk Carriers' key executives?
Star Bulk Carriers' management team includes the folowing people:
- Mr. Petros Alexandros Pappas, Founder, CEO & Director (Age 66)
- Mr. Hamish Norton, Pres (Age 60)
- Mr. Simos Spyrou, Co-Chief Financial Officer (Age 45)
- Mr. Christos Begleris, Co-Chief Financial Officer (Age 38)
- Mr. Nicos Rescos, Chief Operating Officer (Age 47)
Who are Star Bulk Carriers' major shareholders?
Star Bulk Carriers' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Virginia National Bank (0.05%), Mainstay Capital Management LLC ADV (0.02%) and Kistler Tiffany Companies LLC (0.00%).
Which institutional investors are selling Star Bulk Carriers stock?
SBLK stock was sold by a variety of institutional investors in the last quarter, including Mainstay Capital Management LLC ADV.
Which institutional investors are buying Star Bulk Carriers stock?
SBLK stock was acquired by a variety of institutional investors in the last quarter, including Virginia National Bank and Kistler Tiffany Companies LLC.
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, Robinhood, Fidelity and Charles Schwab.
What is Star Bulk Carriers' stock price today?
One share of SBLK stock can currently be purchased for approximately $9.43.
How big of a company is Star Bulk Carriers?
Star Bulk Carriers has a market capitalization of $865.14 million and generates $651.56 million in revenue each year. The shipping company earns $58.40 million in net income (profit) each year or $1.11 on an earnings per share basis. Star Bulk Carriers employs 169 workers across the globe.View Additional Information About Star Bulk Carriers.
What is Star Bulk Carriers' official website?
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)
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.
