NASDAQ:SBLK Star Bulk Carriers Stock Forecast, Price & News Adding Choose a watchlist: 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. $23.40 -1.59 (-6.36%) (As of 07/1/2022 08:45 PM ET) Add Compare Share Today's Range$22.80▼$24.5650-Day Range$23.40▼$33.6052-Week Range$16.56▼$33.99Volume3.32 million shsAverage Volume2.82 million shsMarket Capitalization$2.39 billionP/E Ratio2.94Dividend Yield28.21%Price Target$35.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Star Bulk Carriers MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside51.0% Upside$35.33 Price TargetShort InterestHealthy4.50% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.39Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth-45.95%From $7.16 to $3.87 Per ShareSee Full Details Hide Full Details 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.1.99 out of 5 starsTransportation Sector63rd out of 169 stocksDeep Sea Foreign Transportation Of Freight Industry17th out of 44 stocks 3.3 Analyst's Opinion Consensus RatingStar Bulk Carriers has received a consensus rating of Moderate 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 $35.33, Star Bulk Carriers has a forecasted upside of 51.0% from its current price of $23.40.Amount of Analyst CoverageStar Bulk Carriers has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.50% of the float of Star Bulk Carriers has been sold short.Short Interest Ratio / Days to CoverStar Bulk Carriers has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Star Bulk Carriers has recently increased by 65.47%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipStar Bulk Carriers is a leading dividend payer. It pays a dividend yield of 28.21%, 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 82.81%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased 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. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SBLK. Previous Next 2.4 News and Social Media Coverage News SentimentStar Bulk Carriers has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Star Bulk Carriers this week, compared to 2 articles on an average week.Search InterestOnly 148 people have searched for SBLK on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.MarketBeat Follows81 people have added Star Bulk Carriers to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 0.8 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 Institutions49.81% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Star Bulk Carriers are expected to decrease by -45.95% in the coming year, from $7.16 to $3.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Star Bulk Carriers is 2.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 71.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Star Bulk Carriers is 2.94, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 7.08.Price to Book Value per Share RatioStar Bulk Carriers has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 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. Email Address About Star Bulk Carriers (NASDAQ:SBLK) StockStar 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.Read More SBLK Stock News HeadlinesJuly 3, 2022 | americanbankingnews.comShort Interest in Star Bulk Carriers Corp. (NASDAQ:SBLK) Expands By 65.5%July 3, 2022 | americanbankingnews.comStar Bulk Carriers (NASDAQ:SBLK) Stock Rating Upgraded by StockNews.comJuly 3, 2022 | americanbankingnews.comStar Bulk Carriers (NASDAQ:SBLK) Trading Down 4.6%July 1, 2022 | finance.yahoo.comIs Most-Watched Stock Star Bulk Carriers Corp. (SBLK) Worth Betting on Now?June 29, 2022 | finance.yahoo.com10 Supply Chain Stocks to Buy Now According to Billionaire Jim SimonsJune 28, 2022 | seekingalpha.comStar Bulk Carriers: Unprepared For Higher Interest RatesJune 28, 2022 | seekingalpha.comStar Bulk Carriers: Update On Dry Bulk Markets (Podcast Transcript)June 26, 2022 | americanbankingnews.comStar Bulk Carriers (NASDAQ:SBLK) Stock Price Down 2.2%June 24, 2022 | benzinga.comStar Bulk Carriers Committed to a Capital Allocation Strategy that Supports its Dividend PolicyJune 22, 2022 | finance.yahoo.comSouthwest (LUV) Raises Q2 Load Factor View, Sees Solid BookingsJune 21, 2022 | finance.yahoo.comBest Income Stocks to Buy for June 21stJune 16, 2022 | finance.yahoo.comStar Bulk Carriers (SBLK) Stock Moves -1.23%: What You Should KnowJune 16, 2022 | finance.yahoo.comStar Bulk Carriers Interview on Company Performance, Strategy, & Dry Bulk Shipping Sector OutlookJune 15, 2022 | finance.yahoo.comUPS Inks Tentative Deal With Pilots' Union on Contract ExtensionJune 10, 2022 | finance.yahoo.comStar Bulk Carriers (SBLK) Stock Moves -0.33%: What You Should KnowJune 10, 2022 | americanbankingnews.comStar Bulk Carriers (NASDAQ:SBLK) Stock Price Down 9.5%June 8, 2022 | finance.yahoo.comShipping Stocks Dive As Stagflation Fears Hit Market; Zim Triggers This Sell RuleJune 7, 2022 | finance.yahoo.com3 Best Profitable Stocks to Invest in Using Net Income RatioJune 3, 2022 | finance.yahoo.comBest Momentum Stocks to Buy for June 3rdJune 2, 2022 | finance.yahoo.comUnion Pacific's (UNP) Dividends Support, Cost Woes StingMay 31, 2022 | finance.yahoo.comBest Momentum Stocks to Buy for May 31stMay 31, 2022 | finance.yahoo.comBest Income Stocks to Buy for May 31stMay 30, 2022 | incomeinvestors.comStar Bulk Carriers Corp: Bullish 24.4%-Yielder With Low Payout RatioMay 27, 2022 | seekingalpha.comStar Bulk Carriers: 17% Yield, Strongest Q1 2022 Earnings EverMay 25, 2022 | seekingalpha.comStar Bulk Carriers Corp. (SBLK) CEO Petros Pappas on Q1 2022 Results - Earnings Call TranscriptSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNASDAQ:SBLK CUSIPN/A CIK1386716 Webwww.starbulk.com Phone302106178400Fax30 210 61 78 378Employees181Year FoundedN/ACompany Calendar Last Earnings5/24/2022Ex-Dividend for 6/16 Dividend6/02/2022Dividend Payable6/16/2022Today7/03/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$35.33 High Stock Price Forecast$40.00 Low Stock Price Forecast$30.00 Forecasted Upside/Downside+51.0%Consensus RatingModerate Buy Rating Score (0-4)2.66666666666667 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$7.97 Trailing P/E Ratio2.94 Forward P/E Ratio3.27 P/E GrowthN/ANet Income$680.53 million Net Margins51.34% Pretax Margin47.67% Return on Equity42.24% Return on Assets22.77% Debt Debt-to-Equity Ratio0.43 Current Ratio2.13 Quick Ratio1.86 Sales & Book Value Annual Sales$1.43 billion Price / Sales1.68 Cash Flow$8.33 per share Price / Cash Flow2.81 Book Value$20.33 per share Price / Book1.15Miscellaneous Outstanding Shares102,295,000Free FloatN/AMarket Cap$2.39 billion OptionableOptionable Beta0.98 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 "moderate 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 brokers have issued 1 year price objectives for Star Bulk Carriers' shares. Their SBLK stock forecasts range from $30.00 to $40.00. On average, they expect Star Bulk Carriers' share price to reach $35.33 in the next twelve months. This suggests a possible upside of 51.0% 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 price performed in 2022? Star Bulk Carriers' stock was trading at $22.67 at the beginning of the year. Since then, SBLK stock has increased by 3.2% and is now trading at $23.40. 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 earnings results on Tuesday, May, 24th. The shipping company reported $1.72 earnings per share (EPS) 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 period last year, the business posted $0.36 EPS. 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 announced a quarterly dividend on Tuesday, May 24th. Shareholders of record on Friday, June 3rd will be paid a dividend of $1.65 per share on Thursday, June 16th. This represents a $6.60 annualized dividend and a dividend yield of 28.21%. The ex-dividend date 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 28.21%. 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. CounselMs. Charis Plakantonaki, Chief Strategy Officer (Age 43)Mr. Constantinos Simantiras, Head of Market Research Who are some of Star Bulk Carriers' key competitors? Some companies that are related to Star Bulk Carriers include ZIM Integrated Shipping Services (ZIM), Atlas (ATCO), Euronav (EURN), Scorpio Tankers (STNG), Pacific Basin Shipping (PCFBY), Frontline (FRO), Costamare (CMRE), SFL (SFL), Danaos (DAC), DHT (DHT), TORM (TRMD), Navigator (NVGS), Genco Shipping & Trading (GNK), Navios Maritime Partners (NMM) and Eagle Bulk Shipping (EGLE). View all of SBLK's 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), 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 $23.40. How much money does Star Bulk Carriers make? Star Bulk Carriers (NASDAQ:SBLK) has a market capitalization of $2.39 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. 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