×
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
NASDAQ:SBLK

Star Bulk Carriers Stock Forecast, Price & News

$21.12
-1.41 (-6.26%)
(As of 07/6/2022 12:00 AM ET)
Add
Compare
Today's Range
$20.61
$22.46
50-Day Range
$21.12
$33.60
52-Week Range
$16.56
$33.99
Volume
3.71 million shs
Average Volume
2.83 million shs
Market Capitalization
$2.16 billion
P/E Ratio
2.65
Dividend Yield
29.29%
Price Target
$35.33

Star Bulk Carriers MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
67.3% Upside
$35.33 Price Target
Short Interest
Healthy
4.50% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.67mentions of Star Bulk Carriers in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-45.95%
From $7.16 to $3.87 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.02 out of 5 stars

Transportation Sector

61st out of 176 stocks

Deep Sea Foreign Transportation Of Freight Industry

17th out of 45 stocks

30 days | 90 days | 365 days | Advanced Chart

Receive SBLK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Star Bulk Carriers and its competitors with MarketBeat's FREE daily newsletter.

Star Bulk Carriers 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.

SBLK Stock News Headlines

The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of
Options expert Jeff Clark is on a mission to show every American at or near retirement how easy it is to trade options.
Star Bulk Carriers (NASDAQ:SBLK) Trading Down 4.6%
The Real Reason America Is Ripping Apart at the Seams
This has nothing to do with politics or pandemics…In short, there’s a secret force ripping America apart at the seams. Few Americans won’t even know that any of this is happening – let alone what to do – until it’s too late.
Star Bulk Carriers (NASDAQ:SBLK) Stock Price Down 2.2%
Best Income Stocks to Buy for June 21st
Best Momentum Stocks to Buy for June 3rd
Best Momentum Stocks to Buy for May 31st
Best Income Stocks to Buy for May 31st
See More Headlines

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Current Symbol
NASDAQ:SBLK
Employees
181
Year Founded
N/A

Company Calendar

Last Earnings
5/24/2022
Ex-Dividend for 6/16 Dividend
6/02/2022
Dividend Payable
6/16/2022
Today
7/06/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$35.33
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+67.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.66666666666667
Research Coverage
3 Analysts

Profitability

Net Income
$680.53 million
Pretax Margin
47.67%

Debt

Sales & Book Value

Annual Sales
$1.43 billion
Cash Flow
$7.52 per share
Book Value
$20.33 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.16 billion
Optionable
Optionable
Beta
0.98

Social Links















Star Bulk Carriers Frequently Asked Questions

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

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Star Bulk Carriers in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Star Bulk Carriers stock.
View analyst ratings for Star Bulk Carriers
or view top-rated stocks.

What is Star Bulk Carriers' stock price forecast for 2022?

3 equities research analysts have issued 1-year target prices for Star Bulk Carriers' shares. Their SBLK stock forecasts range from $30.00 to $40.00. On average, they predict Star Bulk Carriers' share price to reach $35.33 in the next year. This suggests a possible upside of 67.3% from the stock's current price.
View analysts' price targets for Star Bulk Carriers
or view top-rated stocks among Wall Street analysts.

How has Star Bulk Carriers' stock performed in 2022?

Star Bulk Carriers' stock was trading at $22.67 at the beginning of the year. Since then, SBLK stock has decreased by 6.8% and is now trading at $21.12.
View the best growth stocks for 2022 here
.

When is Star Bulk Carriers' next earnings date?

Star Bulk Carriers is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
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 results on Tuesday, May, 24th. The shipping company reported $1.72 earnings per share for the quarter, topping analysts' consensus estimates of $1.47 by $0.25. Star Bulk Carriers had a trailing twelve-month return on equity of 42.24% and a net margin of 51.34%. During the same quarter in the previous year, the company earned $0.36 earnings per share.
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 declared a quarterly dividend on Tuesday, May 24th. Stockholders of record on Friday, June 3rd will be given a dividend of $1.65 per share on Thursday, June 16th. This represents a $6.60 annualized dividend and a yield of 31.25%. The ex-dividend date of this dividend is Thursday, June 2nd.
View Star Bulk Carriers' dividend history
.

Is Star Bulk Carriers a good dividend stock?

Star Bulk Carriers(NASDAQ:SBLK) pays an annual dividend of $6.60 per share and currently has a dividend yield of 29.29%. SBLK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Star Bulk Carriers is 82.81%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Star Bulk Carriers will have a dividend payout ratio of 170.54% in the coming year. This indicates that Star Bulk Carriers may not be able to sustain their current dividend.
View Star Bulk Carriers' dividend history.

Who are Star Bulk Carriers' key executives?

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

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."

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 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 $21.12.

How much money does Star Bulk Carriers make?

Star Bulk Carriers (NASDAQ:SBLK) has a market capitalization of $2.16 billion and generates $1.43 billion in revenue each year. The shipping company earns $680.53 million in net income (profit) each year or $7.97 on an earnings per share basis.

How many employees does Star Bulk Carriers have?

Star Bulk Carriers 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 Star Bulk Carriers 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 7/7/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.