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 October 10, 2018, the company had a fleet of 111 vessels with an aggregate capacity of approximately 12.67 million deadweight ton (dwt), including 17 Newcastlemax, 20 Capesize, 2 Mini Capesize, 7 Post Panamax, 35 Kamsarmax, 2 Panamax, 16 Ultramax, and 12 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.
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
Phone011-30-21-0617-8400
Debt
Debt-to-Equity Ratio0.79
Current Ratio1.59
Quick Ratio1.46
Price-To-Earnings
Trailing P/E Ratio-39.73
Forward P/E Ratio7.16
P/E GrowthN/A
Sales & Book Value
Annual Sales$331.98 million
Price / Sales1.78
Cash Flow$1.0556 per share
Price / Cash8.28
Book Value$16.96 per share
Price / Book0.52
Profitability
EPS (Most Recent Fiscal Year)($0.22)
Net Income$-9,770,000.00
Net Margins8.39%
Return on Equity3.73%
Return on Assets1.88%
Miscellaneous
Employees152
Outstanding Shares67,460,000
Market Cap$624.04 million
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 were Star Bulk Carriers' earnings last quarter?
Star Bulk Carriers Corp. (NASDAQ:SBLK) posted its quarterly earnings data on Wednesday, May, 24th. The shipping company reported ($0.21) EPS for the quarter, beating the Zacks' consensus estimate of ($0.25) by $0.04. The shipping company had revenue of $64.87 million for the quarter, compared to the consensus estimate of $64.27 million. Star Bulk Carriers had a net margin of 8.39% and a return on equity of 3.73%. View Star Bulk Carriers' Earnings History.
When is Star Bulk Carriers' next earnings date?
What price target have analysts set for SBLK?
6 equities research analysts have issued 12-month price objectives for Star Bulk Carriers' stock. Their predictions range from $15.00 to $20.00. On average, they anticipate Star Bulk Carriers' share price to reach $17.1667 in the next year. This suggests a possible upside of 96.4% from the stock's current price. View Analyst Price Targets for Star Bulk Carriers.
What is the consensus analysts' recommendation for Star Bulk Carriers?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Star Bulk Carriers in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Star Bulk Carriers.
Has Star Bulk Carriers been receiving favorable news coverage?
Headlines about SBLK stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news 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 positive five, with scores nearest to five being the most favorable. Star Bulk Carriers earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned news coverage about the shipping company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.
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), SEASPAN Corp/SH SH (SSW), Frontline (FRO), Pac BASIN SHIPP/ADR (PCFBY), Scorpio Tankers (STNG), Seacor (CKH), Navigator (NVGS), DHT (DHT), COSTAMARE Inc/SH (CMRE), DryShips (DRYS), Teekay (TK), Scorpio Bulkers (SALT), Dorian LPG (LPG) and Genco Shipping & Trading (GNK).
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)
Who are Star Bulk Carriers' major shareholders?
Star Bulk Carriers' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include York Capital Management Global Advisors LLC (8.12%), Renaissance Technologies LLC (2.28%), Gilder Gagnon Howe & Co. LLC (1.16%), Artemis Investment Management LLP (0.64%), GSA Capital Partners LLP (0.49%) and Alliancebernstein L.P. (0.48%).
Which institutional investors are selling Star Bulk Carriers stock?
SBLK stock was sold by a variety of institutional investors in the last quarter, including River & Mercantile Asset Management LLP, Paloma Partners Management Co, Royce & Associates LP, Engineers Gate Manager LP and Gilder Gagnon Howe & Co. 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 York Capital Management Global Advisors LLC, Renaissance Technologies LLC, Artemis Investment Management LLP, Acadian Asset Management LLC, GSA Capital Partners LLP, Alliancebernstein L.P., Canada Pension Plan Investment Board and ClariVest Asset Management 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, Scottrade, Fidelity and Charles Schwab.
What is Star Bulk Carriers' stock price today?
One share of SBLK stock can currently be purchased for approximately $8.74.
How big of a company is Star Bulk Carriers?
Star Bulk Carriers has a market capitalization of $624.04 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.
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.
