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 May 14, 2018, the company had a fleet of 108 vessels with an aggregate capacity of approximately 12.26 million deadweight ton (dwt), including 17 Newcastlemax, 18 Capesize, 2 Mini Capesize, 7 Post Panamax, 35 Kamsarmax, 2 Panamax, 16 Ultramax, and 11 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
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
SymbolNASDAQ:SBLK
CUSIPN/A
Phone011-30-21-0617-8400
Debt
Debt-to-Equity Ratio0.83
Current Ratio1.66
Quick Ratio1.56
Price-To-Earnings
Trailing P/E Ratio-65.23
Forward P/E Ratio11.30
P/E GrowthN/A
Sales & Book Value
Annual Sales$331.98 million
Price / Sales2.77
Cash Flow$1.1425 per share
Price / Cash12.56
Book Value$16.96 per share
Price / Book0.85
Profitability
EPS (Most Recent Fiscal Year)($0.22)
Net Income$-9,770,000.00
Net Margins4.14%
Return on Equity1.85%
Return on Assets0.93%
Miscellaneous
Employees152
Outstanding Shares64,150,000
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 results on Wednesday, May, 24th. The shipping company reported ($0.21) EPS for the quarter, topping analysts' consensus estimates of ($0.25) by $0.04. The shipping company earned $64.87 million during the quarter, compared to analysts' expectations of $64.27 million. Star Bulk Carriers had a return on equity of 1.85% and a net margin of 4.14%. View Star Bulk Carriers' Earnings History.
When is Star Bulk Carriers' next earnings date?
What price target have analysts set for SBLK?
6 Wall Street analysts have issued 12 month price targets for Star Bulk Carriers' stock. Their predictions range from $15.00 to $17.50. On average, they expect Star Bulk Carriers' stock price to reach $15.70 in the next year. View Analyst Ratings for Star Bulk Carriers.
Are investors shorting Star Bulk Carriers?
Star Bulk Carriers saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 757,980 shares, an increase of 49.3% from the May 15th total of 507,800 shares. Based on an average daily trading volume, of 305,232 shares, the short-interest ratio is currently 2.5 days. Currently, 1.2% of the shares of the stock are short sold.
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), Pac BASIN SHIPP/ADR (PCFBY), SEASPAN Corp/SH SH (SSW), Seacor (CKH), Frontline (FRO), Scorpio Tankers (STNG), COSTAMARE Inc/SH (CMRE), Teekay (TK), Navigator (NVGS), DHT (DHT), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT), Gener8 Maritime (GNRT) and Diana Shipping (DSX).
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)
Has Star Bulk Carriers been receiving favorable news coverage?
Media stories about SBLK stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Star Bulk Carriers earned a media sentiment score of 0.17 on Accern's scale. They also assigned headlines about the shipping company an impact score of 47.14 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Star Bulk Carriers' major shareholders?
Star Bulk Carriers' stock is owned by a number of of institutional and retail investors. Top institutional investors include Millennium Management LLC (1.04%), River & Mercantile Asset Management LLP (0.54%), JPMorgan Chase & Co. (0.29%), Westpac Banking Corp (0.21%), UBS Group AG (0.16%) and A.R.T. Advisors LLC (0.14%). View Institutional Ownership Trends for Star Bulk Carriers.
Which institutional investors are selling Star Bulk Carriers stock?
Which institutional investors are buying Star Bulk Carriers stock?
SBLK stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, UBS Group AG, Westpac Banking Corp, Engineers Gate Manager LP, JPMorgan Chase & Co., Mainstay Capital Management LLC ADV, Northern Trust Corp and Quadrature Capital Ltd. View Insider Buying and Selling for Star Bulk Carriers.
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 $14.35.
How big of a company is Star Bulk Carriers?
Star Bulk Carriers has a market capitalization of $900.07 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.
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 (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.
