NASDAQ:SBLKStar Bulk Carriers Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Star Bulk Carriers Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $5.45 +0.47 (+9.44 %) (As of 04/7/2020 04:01 AM ET) Add Compare Share Today's Range$4.98Now: $5.45▼$5.4550-Day Range$4.98MA: $7.10▼$9.1552-Week Range$4.76Now: $5.45▼$12.09Volume709,425 shsAverage Volume703,035 shsMarket Capitalization$500.00 millionP/E RatioN/ADividend Yield4.02%Beta1.45 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingStar Bulk Carriers has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.80, Star Bulk Carriers has a potential upside of 116.5% from its current price of $5.45.Amount of Analyst CoverageStar Bulk Carriers has only been the subject of 2 research reports in the past 90 days. Previous Next 2.8 Community Rank Outperform VotesStar Bulk Carriers has received 425 “outperform” votes. (Add your “outperform” vote.)Underperform VotesStar Bulk Carriers has received 341 “underperform” votes. (Add your “underperform” vote.)Community SentimentStar Bulk Carriers has received 55.48% “outperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipStar Bulk Carriers is a leading dividend payer. It pays a dividend yield of 4.02%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthStar Bulk Carriers does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Star Bulk Carriers is 76.92 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Star Bulk Carriers will have a dividend payout ratio of 9.35 % next year. This indicates that Star Bulk Carriers will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Star Bulk Carriers insiders have not sold or bought any company stock.Percentage Held by Institutions60.38% of the stock of Star Bulk Carriers is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Star Bulk Carriers are expected to grow by 63.36% in the coming year, from $1.31 to $2.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Star Bulk Carriers is -27.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Star Bulk Carriers is -27.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioStar Bulk Carriers has a P/B Ratio of 0.32. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.8Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.41 out of 5 stars 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 CIK1386716 Webhttp://www.starbulk.com/ Phone011-30-21-0617-8400Debt Debt-to-Equity Ratio0.89 Current Ratio0.86 Quick Ratio0.69Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio4.16 P/E GrowthN/A Sales & Book Value Annual Sales$821.36 million Price / Sales0.61 Cash Flow$1.82 per share Price / Cash Flow3.00 Book Value$16.83 per share Price / Book0.32Profitability EPS (Most Recent Fiscal Year)$0.26 Net Income$58.40 million Net Margins-1.97% Return on Equity1.50% Return on Assets0.72%Miscellaneous Employees169 Outstanding Shares91,743,000Market Cap$500.00 million Next Earnings Date5/27/2020 (Estimated) OptionableOptionable 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. NASDAQ:SBLK Rates by TradingView Star Bulk Carriers (NASDAQ:SBLK) Frequently Asked Questions How has Star Bulk Carriers' stock been impacted by COVID-19 (Coronavirus)? Star Bulk Carriers' stock was trading at $7.37 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SBLK shares have decreased by 26.1% and is now trading at $5.45. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Star Bulk Carriers? 4 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Star Bulk Carriers. When is Star Bulk Carriers' next earnings date? Star Bulk Carriers is scheduled to release its next quarterly earnings announcement on Wednesday, May 27th 2020. View our earnings forecast for Star Bulk Carriers. How were Star Bulk Carriers' earnings last quarter? Star Bulk Carriers Corp. (NASDAQ:SBLK) posted its quarterly earnings data on Wednesday, February, 19th. The shipping company reported $0.36 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.11. The shipping company earned $248.64 million during the quarter, compared to the consensus estimate of $253.49 million. Star Bulk Carriers had a negative net margin of 1.97% and a positive return on equity of 1.50%. View Star Bulk Carriers' earnings history. How often does Star Bulk Carriers pay dividends? What is the dividend yield for Star Bulk Carriers? Star Bulk Carriers announced a quarterly dividend on Wednesday, February 19th. Investors of record on Monday, March 2nd will be paid a dividend of $0.05 per share on Thursday, March 12th. This represents a $0.20 annualized dividend and a yield of 3.67%. The ex-dividend date of this dividend is Friday, February 28th. View Star Bulk Carriers' dividend history. What price target have analysts set for SBLK? 4 analysts have issued 1-year price objectives for Star Bulk Carriers' shares. Their forecasts range from $10.00 to $15.00. On average, they expect Star Bulk Carriers' share price to reach $11.80 in the next twelve months. This suggests a possible upside of 116.5% from the stock's current price. View analysts' price targets for Star Bulk Carriers. Has Star Bulk Carriers been receiving favorable news coverage? Press coverage about SBLK stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Star Bulk Carriers earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news coverage about the shipping company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutStar Bulk Carriers. Are investors shorting Star Bulk Carriers? Star Bulk Carriers saw a drop in short interest in the month of March. As of March 13th, there was short interest totaling 2,780,600 shares, a drop of 11.2% from the February 27th total of 3,130,000 shares. Based on an average daily volume of 588,700 shares, the short-interest ratio is presently 4.7 days. Currently, 3.5% 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 Frontline (FRO), Ship Finance International (SFL), DHT (DHT), Scorpio Tankers (STNG), PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), COSTAMARE INC/SH (CMRE), DryShips (DRYS), Dorian LPG (LPG), Teekay (TK), TSAKOS ENERGY N/SH (TNP), Genco Shipping & Trading (GNK), Navigator (NVGS), Overseas Shipholding Group (OSG) and Ardmore Shipping (ASC). What other stocks do shareholders of Star Bulk Carriers own? Based on aggregate information from My MarketBeat watchlists, some companies that other Star Bulk Carriers investors own include Bank of America (BAC), Intelsat (I), Scorpio Tankers (STNG), The Coca-Cola (KO), Cypress Semiconductor (CY), Micron Technology (MU), Diana Shipping (DSX), Eagle Bulk Shipping (EGLE), Fossil Group (FOSL) and Intel (INTC). Who are Star Bulk Carriers' key executives? Star Bulk Carriers' management team includes the following 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) What is Star Bulk Carriers' stock symbol? Star Bulk Carriers trades on the NASDAQ under the ticker symbol "SBLK." 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 $5.45. How big of a company is Star Bulk Carriers? Star Bulk Carriers has a market capitalization of $500.00 million and generates $821.36 million in revenue each year. The shipping company earns $58.40 million in net income (profit) each year or $0.26 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? 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] This page was last updated on 4/7/2020 by MarketBeat.com StaffFeatured Article: Trading based on a resistance level
