NASDAQ:SBLK - Star Bulk Carriers Stock Price, News, & Analysis

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$7.42 +0.14 (+1.92 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$7.42
Today's Range$7.20 - $7.67
52-Week Range$6.16 - $15.38
Volume997,355 shs
Average Volume567,583 shs
Market Capitalization$684.75 million
P/E Ratio6.68
Dividend YieldN/A
Beta1.75
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.

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Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:SBLK
CUSIPN/A
Phone011-30-21-0617-8400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$651.56 million
Cash Flow$1.8550 per share
Book Value$16.47 per share

Profitability

Net Income$58.40 million

Miscellaneous

Employees169
Market Cap$684.75 million
Next Earnings Date8/6/2019 (Estimated)
OptionableOptionable

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) released its quarterly earnings results on Wednesday, May, 22nd. The shipping company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.03. The shipping company had revenue of $166.49 million for the quarter, compared to analyst estimates of $154.10 million. Star Bulk Carriers had a return on equity of 6.85% and a net margin of 9.05%. View Star Bulk Carriers' Earnings History.

When is Star Bulk Carriers' next earnings date?

Star Bulk Carriers is scheduled to release their next quarterly earnings announcement on Tuesday, August 6th 2019. View Earnings Estimates for Star Bulk Carriers.

What price target have analysts set for SBLK?

6 analysts have issued 1 year price targets for Star Bulk Carriers' shares. Their forecasts range from $15.00 to $20.00. On average, they expect Star Bulk Carriers' share price to reach $17.60 in the next year. This suggests a possible upside of 137.2% from the stock's current price. View Analyst Price Targets for Star Bulk Carriers.

What is the consensus analysts' recommendation for Star Bulk Carriers?

6 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Star Bulk Carriers.

Has Star Bulk Carriers been receiving favorable news coverage?

News coverage about SBLK stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Star Bulk Carriers earned a news impact score of 1.6 on InfoTrie's scale. They also gave media coverage about the shipping company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Who are some of Star Bulk Carriers' key 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), Eagle Bulk Shipping (egle), Fossil Group (FOSL), Micron Technology (MU), Opko Health (OPK), Diana Shipping (dsx), Cypress Semiconductor (CY), Sunesis Pharmaceuticals (SNSS) and Scorpio Tankers (STNG).

Who are Star Bulk Carriers' key executives?

Star Bulk Carriers' management team includes the folowing 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)

Who are Star Bulk Carriers' major shareholders?

Star Bulk Carriers' stock is owned by many different of retail and institutional investors. Top institutional investors include Oaktree Capital Management LP (38.34%), Impala Asset Management LLC (3.94%), Renaissance Technologies LLC (2.00%), Evermore Global Advisors LLC (1.57%), Jefferies Group LLC (1.00%) and Marshall Wace LLP (0.93%).

Which institutional investors are selling Star Bulk Carriers stock?

SBLK stock was sold by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, Impala Asset Management LLC, Horseman Capital Management Ltd, Pendal Group Ltd, JPMorgan Chase & Co., Williams Jones & Associates LLC and Mainstay Capital Management LLC ADV.

Which institutional investors are buying Star Bulk Carriers stock?

SBLK stock was purchased by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, Oaktree Capital Management LP, Jefferies Group LLC, Marshall Wace LLP, Renaissance Technologies LLC, Fifth Third Bancorp, Morgan Stanley and Parametric Portfolio Associates 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, Scottrade, Fidelity and Charles Schwab.

What is Star Bulk Carriers' stock price today?

One share of SBLK stock can currently be purchased for approximately $7.42.

How big of a company is Star Bulk Carriers?

Star Bulk Carriers has a market capitalization of $684.75 million and generates $651.56 million in revenue each year. The shipping company earns $58.40 million in net income (profit) each year or $1.11 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 http://www.starbulk.com/.

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 (NASDAQ SBLK)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  393 (Vote Outperform)
Underperform Votes:  285 (Vote Underperform)
Total Votes:  678
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.
This page was last updated on 5/25/2019 by MarketBeat.com Staff

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