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Top-Rated Dividend Stocks  
NASDAQ:SBLK

Star Bulk Carriers - SBLK Stock Forecast, Price & News

$18.52
-0.24 (-1.28%)
(As of 12/7/2022 11:42 AM ET)
Add
Compare
Today's Range
$18.20
▼
$19.07
50-Day Range
$17.17
▼
$21.50
52-Week Range
$16.85
▼
$33.99
Volume
39,507 shs
Average Volume
1.99 million shs
Market Capitalization
$1.89 billion
P/E Ratio
2.43
Dividend Yield
25.10%
Price Target
$32.20

Star Bulk Carriers MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
73.8% Upside
$32.20 Price Target
Short Interest
Bearish
10.11% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.32mentions of Star Bulk Carriers in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-35.53%
From $6.08 to $3.92 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.50 out of 5 stars

Transportation Sector

31st out of 123 stocks

Deep Sea Foreign Transportation Of Freight Industry

12th out of 29 stocks

See Top Rated MarketRank™ Stocks Here
SBLK stock logo

About Star Bulk Carriers (NASDAQ:SBLK) Stock

Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company's 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 December 31, 2021, it had a fleet of 128 vessels with an aggregate capacity of approximately 14.1 million deadweight tons, including 17 Newcastlemax, 24 Capesize, 7 Post Panamax, 41 Kamsarmax, 2 Panamax, 20 Ultramax, and 17 Supramax vessels. The company also provides vessel management services. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.

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SBLK Stock News Headlines

December 2, 2022 | marketbeat.com
Can ZIM Defy Broad Downturn In The Container Shipping Industry? (SBLK)
ZIM Integrated Shipping Services is an example of what’s befallen its industry. The stock is down 33.58% in the past three months and 17.48% year-to-date.
November 17, 2022 | marketbeat.com
Bulk Shippers See Earnings & Revenue Decline Amid Global Slowdown (SBLK)
ZIM Integrated Shipping Services soared Wednesday after better-than-expected Q3 results. Meanwhile, Star Bulk Carriers traded lower after hours.
December 1, 2022 | americanbankingnews.com
Star Bulk Carriers (NASDAQ:SBLK) Shares Gap Down to $20.57
November 30, 2022 | finance.yahoo.com
Are Options Traders Betting on a Big Move in Star Bulk Carriers (SBLK) Stock?
November 30, 2022 | seekingalpha.com
Star Bulk Carriers: Sailing Away Without The Bears
November 30, 2022 | msn.com
A Hedge Fund That Saw Returns Of Over 20% Is Holding On To These 2 Marine Shipping Stocks With Soaring Yields
November 29, 2022 | finance.yahoo.com
7 Best Shipping Stocks to Buy
November 27, 2022 | americanbankingnews.com
Star Bulk Carriers Corp. (SBLK) To Go Ex-Dividend on November 29th
November 25, 2022 | msn.com
What Does Star Bulk Carriers Debt Look Like?
November 22, 2022 | seekingalpha.com
Star Bulk Carriers: 4 Reasons Why We Bought It
November 20, 2022 | seekingalpha.com
Star Bulk Carriers: Softening Shipping Rates Evident In Q3 Earnings
November 19, 2022 | seekingalpha.com
Star Bulk Carriers: Still A Stellar Dividend Ship Through 2024
November 18, 2022 | seekingalpha.com
Star Bulk Carriers Corp. (SBLK) Q3 2022 Earnings Call Transcript
November 16, 2022 | finance.yahoo.com
Star Bulk Carriers Corp. Reports Net Profit of $109.7 Million for the Third Quarter of 2022 and Declares Quarterly Dividend of $1.20 Per Share
November 15, 2022 | finance.yahoo.com
Are Shipping Stocks Sailing into View?
November 11, 2022 | msn.com
Star Bulk (SBLK) to Report Q3 Earnings:What's in Store?
November 9, 2022 | finance.yahoo.com
Earnings Preview: Star Bulk Carriers (SBLK) Q3 Earnings Expected to Decline
November 7, 2022 | finance.yahoo.com
Star Bulk Carriers Corp. Announces its 2021 Environmental, Social and Governance (ESG) Report
October 19, 2022 | finance.yahoo.com
Star Bulk Carriers (NASDAQ:SBLK) shareholder returns have been strong, earning 164% in 5 years
October 19, 2022 | finance.yahoo.com
Star Bulk Announces Date for the Release of Third Quarter and Nine Months Ended September 30, 2022 Results, Conference Call and Webcast
October 13, 2022 | finance.yahoo.com
Star Bulk Carriers (SBLK) Gains But Lags Market: What You Should Know
October 12, 2022 | seekingalpha.com
Star Bulk Carriers: The Stock Is Not A Buy Anymore
October 11, 2022 | seekingalpha.com
Star Bulk Carriers: The Market's Panic Will Give Us A $15 Gift
October 10, 2022 | seekingalpha.com
Star Bulk Carriers For Dividends Despite Rate Volatility
October 10, 2022 | nasdaq.com
Star Bulk Carriers Corp.'s (NASDAQ:SBLK) high institutional ownership speaks for itself as stock continues to impress, up 14% over last week
See More Headlines
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SBLK Company Calendar

Last Earnings
11/16/2021
Ex-Dividend for 9/8 Dividend
8/24/2022
Dividend Payable
9/08/2022
Ex-Dividend for 12/12 Dividend
11/29/2022
Today
12/07/2022
Dividend Payable
12/12/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/15/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Sector
Transportation
Current Symbol
NASDAQ:SBLK
CUSIP
N/A
CIK
1386716
Web
www.starbulk.com
Phone
302106178400
Fax
30 210 61 78 378
Employees
181
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$32.20
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+73.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$7.62
Trailing P/E Ratio
2.43
Forward P/E Ratio
3.05
P/E Growth
N/A
Net Income
$680.53 million
Net Margins
47.52%
Pretax Margin
N/A
Return on Equity
39.28%
Return on Assets
22.12%

Debt

Debt-to-Equity Ratio
0.45
Current Ratio
2.07
Quick Ratio
1.75

Sales & Book Value

Annual Sales
$1.43 billion
Price / Sales
1.33
Cash Flow
$8.05 per share
Price / Cash Flow
2.30
Book Value
$20.33 per share
Price / Book
0.91

Miscellaneous

Outstanding Shares
102,290,000
Free Float
N/A
Market Cap
$1.89 billion
Optionable
Optionable
Beta
1.03

Social Links


Key Executives

  • Mr. Petros Alexandros Pappas (Age 69)
    Founder, CEO & Director
    Comp: $9.89k
  • Mr. Hamish Norton (Age 63)
    Pres
  • Mr. Simos Spyrou (Age 48)
    Co-Chief Financial Officer
  • Mr. Christos Begleris (Age 41)
    Co-Chief Financial Officer
  • Mr. Nicos Rescos (Age 50)
    Chief Operating Officer
  • Mr. Zenon Kleopas (Age 67)
    Exec. VP of Green Energy & Technology
  • Georgia Mastagaki
    Co-Gen. Counsel
  • Ms. Charis Plakantonaki (Age 43)
    Chief Strategy Officer
  • Mr. Constantinos Simantiras
    Head of Market Research

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













SBLK Stock - Frequently Asked Questions

Should I buy or sell Star Bulk Carriers stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Star Bulk Carriers in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SBLK shares.
View SBLK analyst ratings or view top-rated stocks.

What is Star Bulk Carriers' stock price forecast for 2023?

2 Wall Street research analysts have issued 12 month target prices for Star Bulk Carriers' stock. Their SBLK share price forecasts range from $26.00 to $40.00. On average, they expect the company's share price to reach $32.20 in the next year. This suggests a possible upside of 71.6% from the stock's current price.
View analysts price targets for SBLK or view top-rated stocks among Wall Street analysts.

How have SBLK shares performed in 2022?

Star Bulk Carriers' stock was trading at $22.67 at the beginning of 2022. Since then, SBLK stock has decreased by 17.2% and is now trading at $18.76.
View the best growth stocks for 2022 here.

When is Star Bulk Carriers' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our SBLK earnings forecast.

How were Star Bulk Carriers' earnings last quarter?

Star Bulk Carriers Corp. (NASDAQ:SBLK) released its quarterly earnings results on Tuesday, November, 16th. The shipping company reported $2.19 EPS for the quarter, topping analysts' consensus estimates of $2.16 by $0.03. The shipping company had revenue of $415.69 million for the quarter, compared to the consensus estimate of $406.04 million. Star Bulk Carriers had a net margin of 47.52% and a trailing twelve-month return on equity of 39.28%. During the same quarter in the prior year, the company earned $0.28 earnings per share.

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, November 16th. Stockholders of record on Wednesday, November 30th will be given a dividend of $1.20 per share on Monday, December 12th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 25.59%. The ex-dividend date is Tuesday, November 29th.
Read our dividend analysis for SBLK.

Is Star Bulk Carriers a good dividend stock?

Star Bulk Carriers (NASDAQ:SBLK) pays an annual dividend of $4.80 per share and currently has a dividend yield of 25.10%. SBLK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 62.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, SBLK will have a dividend payout ratio of 122.45% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for SBLK.

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), Diana Shipping (DSX), Scorpio Tankers (STNG), Eagle Bulk Shipping (EGLE), Micron Technology (MU), OPKO Health (OPK), Fossil Group (FOSL), Golden Ocean Group (GOGL) and Intel (INTC).

What is Star Bulk Carriers' stock symbol?

Star Bulk Carriers trades on the NASDAQ under the ticker symbol "SBLK."

Who are Star Bulk Carriers' major shareholders?

Star Bulk Carriers' stock is owned by many different retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (6.40%), Jane Street Group LLC (0.00%), Citadel Advisors LLC (0.00%), Renaissance Technologies LLC (0.90%), BlackRock Inc. (0.69%) and Gratus Capital LLC (0.64%).

How do I buy shares of Star Bulk Carriers?

Shares of SBLK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Star Bulk Carriers' stock price today?

One share of SBLK stock can currently be purchased for approximately $18.76.

How much money does Star Bulk Carriers make?

Star Bulk Carriers (NASDAQ:SBLK) has a market capitalization of $1.92 billion and generates $1.43 billion in revenue each year. The shipping company earns $680.53 million in net income (profit) each year or $7.62 on an earnings per share basis.

How many employees does Star Bulk Carriers have?

The company employs 181 workers across the globe.

How can I contact Star Bulk Carriers?

Star Bulk Carriers' mailing address is 40 AGIOU KONSTANTINOU STR MAROUSSI, ATHENS J3, 15124. The official website for the company is www.starbulk.com. The shipping company can be reached via phone at 302106178400, via email at starbulk@capitallink.com, or via fax at 30 210 61 78 378.

This page (NASDAQ:SBLK) was last updated on 12/7/2022 by MarketBeat.com Staff