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 $5.36 +0.06 (+1.13 %) (As of 06/2/2020 11:17 AM ET) Add Compare Share Today's Range$5.20Now: $5.36▼$5.5150-Day Range$3.92MA: $5.21▼$6.1352-Week Range$3.86Now: $5.36▼$12.09Volume13,174 shsAverage Volume629,493 shsMarket Capitalization$514.94 millionP/E RatioN/ADividend Yield3.93%Beta1.21 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInstitutional 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 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.80, Star Bulk Carriers has a potential upside of 82.8% from its current price of $5.36.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 426 “outperform” votes. (Add your “outperform” vote.)Underperform VotesStar Bulk Carriers has received 343 “underperform” votes. (Add your “underperform” vote.)Community SentimentStar Bulk Carriers has received 55.40% “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 3.93%, 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 11.90 % 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 Institutions58.10% 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 1,580.00% in the coming year, from $0.10 to $1.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Star Bulk Carriers is -48.72, 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 -48.72, 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 0.33. 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™2.43 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 Webwww.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 Ratio53.60 P/E GrowthN/A Sales & Book Value Annual Sales$821.36 million Price / Sales0.63 Cash Flow$1.66 per share Price / Cash Flow3.22 Book Value$16.07 per share Price / Book0.33Profitability EPS (Most Recent Fiscal Year)$0.26 Net Income$-16,200,000.00 Net Margins-0.99% Return on Equity0.60% Return on Assets0.29%Miscellaneous Employees169 Outstanding Shares96,070,000Market Cap$514.94 million Next Earnings Date8/5/2020 (Estimated) OptionableOptionable NASDAQ:SBLK Rates by TradingView 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. 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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SBLK stock has decreased by 27.3% and is now trading at $5.36. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Star Bulk Carriers? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Star Bulk Carriers in the last year. There are currently 1 hold rating 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, August 5th 2020. View our earnings forecast for Star Bulk Carriers. How were Star Bulk Carriers' earnings last quarter? Star Bulk Carriers Corp. (NASDAQ:SBLK) issued its quarterly earnings results on Tuesday, May, 26th. The shipping company reported ($0.23) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.10) by $0.13. The shipping company had revenue of $160.86 million for the quarter, compared to the consensus estimate of $165.18 million. Star Bulk Carriers had a negative net margin of 0.99% and a positive return on equity of 0.60%. 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 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 3.73%. 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? 3 analysts have issued twelve-month target prices for Star Bulk Carriers' shares. Their forecasts range from $9.00 to $10.40. On average, they expect Star Bulk Carriers' share price to reach $9.80 in the next twelve months. This suggests a possible upside of 82.8% from the stock's current price. View analysts' price targets for Star Bulk Carriers. Has Star Bulk Carriers been receiving favorable news coverage? News articles about SBLK stock have trended very positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Star Bulk Carriers earned a news sentiment score of 3.5 on InfoTrie's scale. They also gave media coverage about the shipping company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect 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 during the month of May. As of May 15th, there was short interest totaling 2,010,000 shares, a drop of 22.7% from the April 30th total of 2,600,000 shares. Based on an average daily volume of 597,600 shares, the days-to-cover ratio is presently 3.4 days. Currently, 2.5% of the company's shares 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), Scorpio Tankers (STNG), DHT (DHT), Torm (TRMD), COSTAMARE INC/SH (CMRE), Seacor (CKH), PAC BASIN SHIPP/ADR (PCFBY), DryShips (DRYS), Dorian LPG (LPG), Navigator (NVGS), Teekay (TK), TSAKOS ENERGY N/SH (TNP), Genco Shipping & Trading (GNK) and Ardmore Shipping (ASC). View all competitors. 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), Diana Shipping (DSX), Scorpio Bulkers (SALT), Eagle Bulk Shipping (EGLE), Fossil Group (FOSL), Coca-Cola (KO), AMC Entertainment (AMC) and Golden Ocean Group (GOGL). 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." Who are Star Bulk Carriers' major shareholders? Star Bulk Carriers' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Deutsche Bank AG (0.31%), Asio Capital LLC (0.26%), Parametric Portfolio Associates LLC (0.22%), Jeereddi Investments LP (0.19%), Clearbridge Investments LLC (0.15%) and RBF Capital LLC (0.14%). Which major investors are selling Star Bulk Carriers stock? SBLK stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Phoenix Holdings Ltd., JPMorgan Chase & Co., Deutsche Bank AG, Parametric Portfolio Associates LLC, RBF Capital LLC, Wells Fargo & Company MN, and Jeereddi Investments LP. Which major investors are buying Star Bulk Carriers stock? SBLK stock was acquired by a variety of institutional investors in the last quarter, including Asio Capital LLC, Invesco Ltd., Squarepoint Ops LLC, Dynamic Technology Lab Private Ltd, Clearbridge Investments LLC, GSA Capital Partners LLP, Keebeck Alpha LP, and Voloridge Investment 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, Robinhood, Fidelity, and Charles Schwab. What is Star Bulk Carriers' stock price today? One share of SBLK stock can currently be purchased for approximately $5.36. How big of a company is Star Bulk Carriers? Star Bulk Carriers has a market capitalization of $514.94 million and generates $821.36 million in revenue each year. The shipping company earns $-16,200,000.00 in net income (profit) each year or $0.26 on an earnings per share basis. Star Bulk Carriers employs 169 workers across the globe. What is Star Bulk Carriers' official website? The official website for Star Bulk Carriers is www.starbulk.com. How can I contact Star Bulk Carriers? Star Bulk Carriers' mailing address is 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 6/2/2020 by MarketBeat.com Staff
