NASDAQ:SBLK - Star Bulk Carriers Stock Price, Price Target & More

$12.07 +0.38 (+3.25 %)

(As of 04/22/2018 04:00 PM ET)

Previous Close$12.07

Today's Range$11.53 - $12.15

52-Week Range$7.57 - $13.29

Volume369,042 shs

Average Volume296,124 shs

Market Capitalization$774.33 million

P/E Ratio-54.86

Dividend YieldN/A

Beta2.26

About Star Bulk Carriers (NASDAQ:SBLK)

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 February 27, 2018, the company had a fleet of 72 vessels with an aggregate capacity of approximately 7.8 million deadweight ton (dwt); and had contracts for 2 additional newbuilding vessels with an aggregate capacity of approximately 416,000 dwt. 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

Industry Deep sea foreign transportation of freight

Sub-IndustryN/A

SectorTransportation

SymbolNASDAQ:SBLK

CUSIPN/A

Webwww.starbulk.com

Phone011-30-21-0617-8400

Debt

Debt-to-Equity Ratio0.77%

Current Ratio1.43%

Quick Ratio1.34%

Price-To-Earnings

Trailing P/E Ratio-54.86

Forward P/E Ratio11.72

P/E GrowthN/A

Sales & Book Value

Annual Sales$331.98 million

Price / Sales2.33

Cash Flow$1.1166 per share

Price / Cash10.81

Book Value$16.96 per share

Price / Book0.71

Profitability

EPS (Most Recent Fiscal Year)($0.22)

Net Income$-9,770,000.00

Net Margins-2.94%

Return on Equity-0.44%

Return on Assets-0.22%

Miscellaneous

Employees145

Outstanding Shares64,150,000

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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 Co. (NASDAQ:SBLK) posted its quarterly earnings data on Tuesday, February, 27th. The shipping company reported $0.33 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.22 by $0.11. The shipping company earned $107.71 million during the quarter, compared to analyst estimates of $107.10 million. Star Bulk Carriers had a negative return on equity of 0.44% and a negative net margin of 2.94%. 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 Wednesday, May, 23rd 2018. View Earnings Estimates for Star Bulk Carriers.

What price target have analysts set for SBLK?

6 Wall Street analysts have issued twelve-month price objectives for Star Bulk Carriers' shares. Their predictions range from $12.00 to $17.50. On average, they expect Star Bulk Carriers' stock price to reach $14.90 in the next twelve months. View Analyst Ratings for Star Bulk Carriers.

Are investors shorting Star Bulk Carriers?

Star Bulk Carriers saw a decrease in short interest in the month of March. As of March 15th, there was short interest totalling 694,235 shares, a decrease of 27.1% from the February 28th total of 951,871 shares. Based on an average trading volume of 398,944 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.1% of the company's shares are short sold.

Who are some of Star Bulk Carriers' key competitors?

Some companies that are related to Star Bulk Carriers include Ship Finance International (SFL), Euronav (EURN), Pacific Basin Ship (PCFBY), SEACOR (CKH), Seaspan (SSW), Frontline (FRO), Teekay (TK), Scorpio Tankers (STNG), Costamare (CMRE), Navigator (NVGS), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT), Double Hull Tankers (DHT), General Maritime (GNRT), Dorian LPG (LPG), Capital Product Partners (CPLP), Diana Shipping (DSX) and DryShips (DRYS).

Who are Star Bulk Carriers' key executives?

Star Bulk Carriers' management team includes the folowing people:

Mr. Petros A. 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 stories about SBLK stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Star Bulk Carriers earned a media sentiment score of 0.10 on Accern's scale. They also gave media coverage about the shipping company an impact score of 45.23 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

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 $12.07.

How big of a company is Star Bulk Carriers?

Star Bulk Carriers has a market capitalization of $774.33 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 145 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 (SBLK)

Community Ranking:		2.9 out of 5 ( )
Outperform Votes:		291 (Vote Outperform)
Underperform Votes:		206 (Vote Underperform)
Total Votes:		497

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.

Star Bulk Carriers (NASDAQ:SBLK) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

6 Wall Street analysts have issued ratings and price targets for Star Bulk Carriers in the last 12 months. Their average twelve-month price target is $14.90, suggesting that the stock has a possible upside of 23.45%. The high price target for SBLK is $17.50 and the low price target for SBLK is $12.00. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus rating of "Buy."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Buy	Buy	Buy	Buy
Consensus Rating Score:	2.83	2.83	2.86	2.86
Ratings Breakdown:	0 Sell Rating(s) 1 Hold Rating(s) 5 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 1 Hold Rating(s) 5 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 1 Hold Rating(s) 6 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 1 Hold Rating(s) 6 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$14.90	$15.10	$13.20	$13.20
Price Target Upside:	23.45% upside	27.97% upside	19.35% upside	26.07% upside

Star Bulk Carriers (NASDAQ:SBLK) Consensus Price Target History

Price Target History for Star Bulk Carriers (NASDAQ:SBLK)

Star Bulk Carriers (NASDAQ:SBLK) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/17/2018	Morgan Stanley	Lower Price Target	Overweight -> Overweight	$15.00 -> $14.00	Low
3/23/2018	JPMorgan Chase	Boost Price Target	Overweight -> Overweight	$17.00 -> $17.50	High
3/1/2018	Stifel Nicolaus	Boost Price Target	Hold -> Hold	$11.00 -> $12.00	Low
2/28/2018	Seaport Global Securities	Set Price Target	Buy	$16.00	Low
12/18/2017	Jefferies Group	Initiated Coverage	Buy -> Buy	$15.00	Low
9/8/2017	Pareto Securities	Upgrade	Hold -> Buy		Low
2/21/2017	Maxim Group	Upgrade	Hold -> Buy		N/A
2/21/2017	Deutsche Bank	Upgrade	Hold -> Buy	$3.50 -> $12.00	N/A

(Data available from 4/22/2016 forward)

Star Bulk Carriers (NASDAQ:SBLK) Earnings History and Estimates Chart

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

Star Bulk Carriers (NASDAQ:SBLK) Earnings Estimates

2018 EPS Consensus Estimate: $1.11

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2018	2	$0.14	$0.36	$0.25
Q2 2018	2	$0.08	$0.22	$0.15
Q3 2018	2	$0.12	$0.43	$0.28
Q4 2018	2	$0.18	$0.69	$0.44

Star Bulk Carriers (NASDAQ SBLK) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/22/2018		$0.12					N/A
2/27/2018	Q4 2017	$0.22	$0.33	$107.10 million	$107.71 million	View	N/A
11/19/2017	Q3 2017	($0.08)	($0.08)	$81.23 million	$80.80 million	View	N/A
8/8/2017	Q2 2017	($0.10)	($0.12)	$78.76 million	$78.61 million	View	N/A
5/24/2017	Q1	($0.25)	($0.21)	$64.27 million	$64.87 million	View	N/A
2/22/2017	Q4 2016		($0.30)	$60.03 million	$63.24 million	View	N/A
11/21/2016	Q3 2016		($0.47)	$42.83 million	$59.91 million	View	N/A
9/14/2016	Q2	($0.66)	($0.69)	$39.45 million	$52.65 million	View	N/A
6/29/2016	Q1	($1.04)	($0.87)	$40.22 million	$46.30 million	View	N/A
2/29/2016	Q415	($0.12)	($0.11)	$56.91 million	$64.15 million	View	Listen
11/17/2015	Q315	($0.09)	($0.11)	$62.17 million	$68.81 million	View	Listen
8/31/2015	Q215	($0.16)	($0.12)	$48.26 million	$55.82 million	View	Listen
6/30/2015	Q115	($0.20)	($0.20)	$51.19 million	$45.50 million	View	Listen
3/19/2015	Q414	($0.05)	($0.06)	$54.30 million	$65.65 million	View	N/A
12/2/2014	Q3 14	($0.05)	($0.03)	$39.57 million	$36.81 million	View	N/A
8/20/2014	Q2 14	($0.02)	$0.06	$20.71 million	$24.75 million	View	N/A
5/29/2014	Q114	$0.04	$0.06	$20.39 million	$20.20 million	View	N/A
3/5/2014	Q413	$0.04	$0.07	$18.13 million	$16.35 million	View	N/A
11/26/2013	Q3	($0.06)	$0.13	$15.42 million	$17.73 million	View	Listen
8/27/2013	Q2 2013	($0.05)	$0.47	$14.71 million	$17.38 million	View	N/A
5/28/2013	Q1 2013	($0.31)	$0.51	$17.55 million	$18.44 million	View	N/A
3/19/2013	Q4 2012		$0.20			View	N/A
11/30/2012	-0.70		($0.70)		$18.42 million	View	N/A
8/29/2012	Q2 2012	($4.50)	($2.77)			View	N/A
5/31/2012	Q1 2012	($4.50)	$4.27			View	N/A
2/15/2012	Q4 2011	($3.75)	($3.07)			View	N/A
11/9/2011	Q3 2011	($5.25)	($2.02)			View	N/A
8/10/2011	Q2 2011	($6.00)	($4.05)			View	N/A
5/12/2011	Q1 2011	($2.25)	$0.75			View	N/A
2/22/2011	Q4 2010	$4.50	$25.26			View	N/A
11/17/2010	Q3 2010	($0.75)	$3.75			View	N/A
8/10/2010	Q2 2010	$3.00	$8.85			View	N/A
5/19/2010	Q1 2010	$0.75	$2.17			View	N/A
2/23/2010	Q4 2009		($4.50)			View	N/A
11/23/2009	Q3 2009	$0.75	$15.14			View	N/A
8/12/2009	Q2 2009	($0.75)	($3.52)			View	N/A
5/27/2009	Q1 2009	$16.49	$18.14			View	N/A
3/16/2009	Q4 2008	$28.49	$28.64			View	N/A
11/24/2008	Q3 2008	$27.95	$22.29			View	N/A
8/12/2008	Q2 2008	$39.13	$39.34			View	N/A
6/4/2008	Q1 2008	$9.08	$25.22			View	N/A
2/26/2008	Q4 2007		$3.42			View	N/A

(Earnings results data provided by Zacks Investment Research)

Star Bulk Carriers (NASDAQ:SBLK) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

Star Bulk Carriers (NASDAQ SBLK) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 69.59%

Insider Trading History for Star Bulk Carriers (NASDAQ:SBLK)

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

Star Bulk Carriers (NASDAQ SBLK) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details

(Data available from 1/1/2013 forward)

Star Bulk Carriers (NASDAQ SBLK) News Headlines

Source:

Date	Headline
	Brokerages Expect Star Bulk Carriers Co. (SBLK) Will Post Quarterly Sales of $95.85 Million www.americanbankingnews.com - April 22 at 4:06 AM
	Star Bulk Carriers (SBLK) to Buy 16 Vessels from Augustea Atlantica & York Capital Management www.streetinsider.com - April 21 at 5:18 PM
	BRIEF-Star Bulk Announces The Acquisition Of 16 Vessels From Augustea Atlantica & York Capital Management www.reuters.com - April 20 at 5:23 PM
	Brokerages Anticipate Star Bulk Carriers Co. (SBLK) to Announce $0.20 Earnings Per Share www.americanbankingnews.com - April 20 at 7:57 AM
	ValuEngine Upgrades Star Bulk Carriers (SBLK) to Sell www.americanbankingnews.com - April 20 at 12:24 AM
	Star Bulk Carriers (SBLK) PT Lowered to $14.00 at Morgan Stanley www.americanbankingnews.com - April 17 at 11:01 AM
	Star Bulk Carriers (SBLK) Lowered to "Sell" at Zacks Investment Research www.americanbankingnews.com - April 15 at 9:29 PM
	Star Bulk Carriers (SBLK) Downgraded to "Sell" at BidaskClub www.americanbankingnews.com - April 15 at 12:01 PM
	What You Must Know About Star Bulk Carriers Corp’s (NASDAQ:SBLK) Financial Strength finance.yahoo.com - April 11 at 8:26 AM
	Star Bulk Carriers Co. (SBLK) Receives Average Rating of "Hold" from Analysts www.americanbankingnews.com - April 11 at 3:30 AM
	BidaskClub Upgrades Star Bulk Carriers (SBLK) to "Hold" www.americanbankingnews.com - April 10 at 2:51 PM
	ValuEngine Lowers Star Bulk Carriers (SBLK) to Strong Sell www.americanbankingnews.com - April 7 at 7:02 AM
	Star Bulk Carriers (SBLK) Rating Lowered to Hold at Zacks Investment Research www.americanbankingnews.com - April 5 at 10:14 PM
	Star Bulk Carriers Co. (SBLK) Expected to Post Quarterly Sales of $95.85 Million www.americanbankingnews.com - April 5 at 4:20 AM
	$0.20 Earnings Per Share Expected for Star Bulk Carriers Co. (SBLK) This Quarter www.americanbankingnews.com - April 3 at 9:57 AM
	Edited Transcript of SBLK earnings conference call or presentation 28-Feb-18 4:00pm GMT finance.yahoo.com - April 1 at 8:17 AM
	Star Bulk Carriers Co. (SBLK) Sees Significant Decline in Short Interest www.americanbankingnews.com - March 31 at 1:45 AM
	Star Bulk Announces Availability of Its 2017 Annual Report on Form 20‐F finance.yahoo.com - March 30 at 8:19 AM
	BidaskClub Lowers Star Bulk Carriers (SBLK) to Sell www.americanbankingnews.com - March 26 at 12:36 AM
	Star Bulk Carriers (SBLK) Upgraded to "C" by TheStreet www.americanbankingnews.com - March 24 at 11:24 AM
	Star Bulk Carriers (SBLK) PT Raised to $17.50 at JPMorgan Chase & Co. www.americanbankingnews.com - March 23 at 4:09 PM
	Zacks: Analysts Anticipate Star Bulk Carriers Corp. (SBLK) Will Announce Quarterly Sales of $95.85 Million www.americanbankingnews.com - March 19 at 7:06 AM
	Brokerages Expect Star Bulk Carriers Corp. (SBLK) to Post $0.20 EPS www.americanbankingnews.com - March 17 at 5:14 AM
	Star Bulk Carriers Corp. (SBLK) Receives Average Rating of "Buy" from Analysts www.americanbankingnews.com - March 17 at 3:28 AM
	Star Bulk Carriers (SBLK) Downgraded by BidaskClub www.americanbankingnews.com - March 10 at 11:00 AM
	Stock Traders Purchase High Volume of Star Bulk Carriers Call Options (SBLK) www.americanbankingnews.com - March 7 at 7:26 AM
	Royce & Associates LP Boosts Stake in Star Bulk Carriers Corp. (SBLK) www.americanbankingnews.com - March 5 at 10:28 AM
	Star Bulk Carriers Corp. (SBLK) Forecasted to Post Q1 2018 Earnings of $0.36 Per Share www.americanbankingnews.com - March 5 at 1:46 AM
	Jefferies Group Comments on Star Bulk Carriers Corp.'s Q1 2018 Earnings (SBLK) www.americanbankingnews.com - March 5 at 1:46 AM
	Star Bulk Carriers Corp. (SBLK) Shares Bought by Leucadia National Corp www.americanbankingnews.com - March 2 at 5:54 PM
	Star Bulk Carriers Corp. (SBLK) to Post Q2 2018 Earnings of $0.08 Per Share, Seaport Global Securities Forecasts www.americanbankingnews.com - March 2 at 10:06 AM
	Star Bulk Carriers Corp. (SBLK) Expected to Post Quarterly Sales of $96.20 Million www.americanbankingnews.com - March 2 at 6:58 AM
	Seaport Global Securities Analysts Give Star Bulk Carriers (SBLK) a $16.00 Price Target www.americanbankingnews.com - March 1 at 7:14 PM
	Star Bulk Carriers (SBLK) Price Target Raised to $12.00 at Stifel Nicolaus www.americanbankingnews.com - March 1 at 2:48 PM
	Star Bulk Carriers (SBLK) Price Target Increased to $15.00 by Analysts at Morgan Stanley www.americanbankingnews.com - March 1 at 12:30 PM
	Impala Asset Management LLC Sells 213,783 Shares of Star Bulk Carriers Corp. (SBLK) www.americanbankingnews.com - March 1 at 7:54 AM
	Star Bulk Carriers Corp. 2017 Q4 - Results - Earnings Call Slides seekingalpha.com - February 28 at 6:05 PM
	Star Bulk Carriers beats 4Q profit forecasts finance.yahoo.com - February 28 at 6:05 PM
	Star Bulk Carriers Corp. Reports $23.9 Million Profit the Fourth Quarter Ended December 31, 2017 finance.yahoo.com - February 28 at 8:14 AM
	Star Bulk Carriers (SBLK) Stock Rating Upgraded by BidaskClub www.americanbankingnews.com - February 24 at 10:22 PM
	Dry Bulk & Container Sector Panel Discussions With Major ... - GlobeNewswire (press release) globenewswire.com - February 22 at 8:17 AM
	Star Bulk Carriers Corp. (SBLK) Receives Average Recommendation of "Buy" from Analysts www.americanbankingnews.com - February 20 at 3:46 AM
	Star Bulk Carriers Corp. (SBLK) Expected to Announce Quarterly Sales of $107.10 Million www.americanbankingnews.com - February 13 at 4:30 AM
	Star Bulk Carriers (SBLK) Set to Announce Earnings on Tuesday www.americanbankingnews.com - February 13 at 3:32 AM
	BRIEF-Star Bulk Announces $35.6 Mln Debt Repayment www.reuters.com - February 12 at 3:42 PM
	Morgan Stanley Cuts Star Bulk Carriers (SBLK) Price Target to $14.00 www.americanbankingnews.com - February 12 at 11:04 AM
	Star Bulk Announces $35.6 Million Debt Repayment, Commitment for Refinancing and Date for the Release of Fourth Quarter and Full Year Ended December 31, 2017 Results, Conference Call and Webcast finance.yahoo.com - February 12 at 9:25 AM
	Star Bulk Carriers Corp. (SBLK) Expected to Post Earnings of $0.22 Per Share www.americanbankingnews.com - February 11 at 1:16 PM
	Quotidian Technical Highlights on Selected Shipping Stocks -- Star Bulk Carriers, Teekay Offshore Partners, Seaspan, and Top Ships www.prnewswire.com - February 6 at 9:08 AM
	Star Bulk Carriers Target of Unusually Large Options Trading (SBLK) www.americanbankingnews.com - February 3 at 2:44 AM

Star Bulk Carriers (NASDAQ:SBLK) SEC Filings

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Star Bulk Carriers (NASDAQ:SBLK) Income Statement, Balance Sheet and Cash Flow Statement

Star Bulk Carriers (NASDAQ SBLK) Stock Chart for Sunday, April, 22, 2018

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This page was last updated on 4/22/2018 by MarketBeat.com Staff