Star Bulk Carriers Corp. is an international shipping company. The Company owns and operates a fleet of dry bulk carrier vessels. As of December 31, 2016, the Company's fleet included 73 vessels consisting primarily of Newcastlemax and Capesize, as well as Kamsarmax, Ultramax and Supramax vessels with a carrying capacity between 52,055 and 209,537 deadweight tonnage (dwt). The Company's vessels transport a range of bulk commodities, including ores, coal, grains and fertilizers, along shipping routes across the world. The Company's 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.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Deep Sea Freight
- Sub-Industry: N/A
- Symbol: NASDAQ:SBLK
- CUSIP: N/A
- Web: www.starbulk.com
Capitalization:- Market Cap: $676.72 million
- Outstanding Shares: 63,336,000
Average Prices:- 50 Day Moving Avg: $10.86
- 200 Day Moving Avg: $9.92
- 52 Week Range: $4.04 - $13.40
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 13.48
- P/E Growth: 1.89
Sales & Book Value:- Annual Revenue: $266.62 million
- Price / Sales: 2.53
- Book Value: $16.87 per share
- Price / Book: 0.63
Profitability:- EBIDTA: $59.97 million
- Net Margins: -36.90%
- Return on Equity: -5.54%
- Return on Assets: -2.83%
Debt:- Debt-to-Equity Ratio: 0.96%
- Current Ratio: 6.93%
- Quick Ratio: 6.93%
Misc:- Average Volume: 558,531 shs.
- Beta: 2.92
- Short Ratio: 6.28
Frequently Asked Questions for Star Bulk Carriers Corp. (NASDAQ:SBLK)
What is Star Bulk Carriers Corp.'s stock symbol?
Star Bulk Carriers Corp. trades on the NASDAQ under the ticker symbol "SBLK."
How were Star Bulk Carriers Corp.'s earnings last quarter?
Star Bulk Carriers Corp. (NASDAQ:SBLK) posted its earnings results on Wednesday, May, 24th. The company reported ($0.21) EPS for the quarter, beating the Zacks' consensus estimate of ($0.25) by $0.04. The company had revenue of $64.87 million for the quarter, compared to analysts' expectations of $64.27 million. Star Bulk Carriers Corp. had a negative net margin of 36.90% and a negative return on equity of 5.54%. View Star Bulk Carriers Corp.'s Earnings History.
When will Star Bulk Carriers Corp. make its next earnings announcement?
Where is Star Bulk Carriers Corp.'s stock going? Where will Star Bulk Carriers Corp.'s stock price be in 2017?
7 equities research analysts have issued 1 year price targets for Star Bulk Carriers Corp.'s stock. Their predictions range from $11.00 to $15.00. On average, they anticipate Star Bulk Carriers Corp.'s share price to reach $12.80 in the next year. View Analyst Ratings for Star Bulk Carriers Corp..
Are investors shorting Star Bulk Carriers Corp.?
Star Bulk Carriers Corp. saw a decline in short interest during the month of August. As of August 31st, there was short interest totalling 1,447,785 shares, a decline of 25.1% from the August 15th total of 1,933,135 shares. Based on an average daily volume of 666,411 shares, the days-to-cover ratio is currently 2.2 days. Approximately 2.4% of the company's stock are sold short.
Who are some of Star Bulk Carriers Corp.'s key competitors?
Some companies that are related to Star Bulk Carriers Corp. include Golden Ocean Group Limited (GOGL), Seaspan Corporation (SSW), Costamare (CMRE), Scorpio Bulkers (SALT), International Seaways (INSW), Capital Product Partners L.P. (CPLP), Diana Shipping inc. (DSX), Tsakos Energy Navigation Ltd (TNP), Navios Maritime Partners LP (NMM), Safe Bulkers (SB), Ardmore Shipping Corporation (ASC), DryShips (DRYS), Danaos Corporation (DAC), Hornbeck Offshore Services (HOS), StealthGas (GASS), Global Ship Lease (GSL), Pyxis Tankers (PXS) and Euroseas (ESEA).
Who are Star Bulk Carriers Corp.'s key executives?
Star Bulk Carriers Corp.'s management team includes the folowing people:
- Christos Begleris, Co-Chief Financial Officer
- Simos Spyrou, Co-Chief Financial Officer
- Nicos Rescos, Chief Operating Officer
- Zenon Kleopas, Executive Vice President - Technical
- Petros Alexandros Pappas, Chief Executive Officer, Director
- Hamish Norton, President
- Spyros Capralos, Non-Executive Chairman of the Board
- Nikolaos Karellis, Director
- Renee Kemp, Director
- Rajath Shourie, Director
Who owns Star Bulk Carriers Corp. stock?
Star Bulk Carriers Corp.'s stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Caspian Capital LP (5.00%), Impala Asset Management LLC (3.19%), Horseman Capital Management Ltd (1.41%), Marshall Wace LLP (0.66%), River & Mercantile Asset Management LLP (0.49%) and California Public Employees Retirement System (0.42%). View Institutional Ownership Trends for Star Bulk Carriers Corp..
Who sold Star Bulk Carriers Corp. stock? Who is selling Star Bulk Carriers Corp. stock?
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 Impala Asset Management LLC, Marshall Wace LLP, Caspian Capital LP, Leucadia National Corp, River & Mercantile Asset Management LLP, Royce & Associates LP, Engineers Gate Manager LP and Citadel Advisors LLC. View Insider Buying and Selling for Star Bulk Carriers Corp..
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.
What is Star Bulk Carriers Corp.'s stock price today?
One share of Star Bulk Carriers Corp. stock can currently be purchased for approximately $10.65.
MarketBeat Community Rating for Star Bulk Carriers Corp. (NASDAQ SBLK)MarketBeat's community ratings are surveys of what our community members think about Star Bulk Carriers Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Star Bulk Carriers Corp. (NASDAQ:SBLK) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 6 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.86) |
| Consensus Price Target: | $12.80 (20.19% upside) |
Analysts' Ratings History for Star Bulk Carriers Corp. (NASDAQ:SBLK)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/8/2017 | Pareto Securities | Upgrade | Hold -> Buy | | Low |  |
| 5/28/2017 | Stifel Nicolaus | Set Price Target | Hold | $11.00 | Medium | |
| 5/26/2017 | Seaport Global Securities | Upgrade | Neutral -> Buy | $11.50 -> $13.00 | Medium | |
| 5/26/2017 | Jefferies Group LLC | Reiterated Rating | Buy | $13.00 | High | |
| 3/28/2017 | Morgan Stanley | Upgrade | Underweight -> Overweight | $3.00 -> $15.00 | High | |
| 2/21/2017 | Maxim Group | Upgrade | Hold -> Buy | | N/A | |
| 2/21/2017 | Deutsche Bank AG | Upgrade | Hold -> Buy | $3.50 -> $12.00 | N/A | |
| 7/19/2016 | J P Morgan Chase & Co | Upgrade | Neutral -> Overweight | $6.50 | N/A | |
| 4/21/2016 | ABN Amro | Upgrade | Add -> Buy | | N/A | |
(Data available from 9/20/2015 forward)
Earnings History for Star Bulk Carriers Corp. (NASDAQ:SBLK)Earnings History by Quarter for Star Bulk Carriers Corp. (NASDAQ SBLK)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/20/2017 | | ($0.08) | | | | | N/A | |
| 5/24/2017 | Q1 | ($0.25) | ($0.21) | $64.27 million | $64.87 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 | |
| 11/30/2012 | -0.70 | | ($0.70) | | $18.42 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Star Bulk Carriers Corp. (NASDAQ:SBLK)2017 EPS Consensus Estimate: ($0.87)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | ($0.42) | ($0.26) | ($0.34) |
| Q2 2017 | 2 | ($0.26) | ($0.17) | ($0.22) |
| Q3 2017 | 2 | ($0.26) | ($0.07) | ($0.17) |
| Q4 2017 | 2 | ($0.24) | ($0.05) | ($0.15) |
(Data provided by Zacks Investment Research)
Dividend History for Star Bulk Carriers Corp. (NASDAQ:SBLK)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Star Bulk Carriers Corp. (NASDAQ:SBLK)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Star Bulk Carriers Corp. (NASDAQ:SBLK)
Latest Headlines for Star Bulk Carriers Corp. (NASDAQ:SBLK)
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Star Bulk Carriers Corp. (SBLK) Chart for Wednesday, September, 20, 2017
