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.
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Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Phone011-30-21-0617-8400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$821.36 million
Profitability
Miscellaneous
Employees169
Next Earnings Date5/27/2020 (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 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. Shareholders of record on Monday, March 2nd will be given a dividend of $0.05 per share on Thursday, March 12th. This represents a $0.20 annualized dividend and a yield of 2.31%. The ex-dividend date is Friday, February 28th. View Star Bulk Carriers' Dividend History.
How were Star Bulk Carriers' earnings last quarter?
Star Bulk Carriers Corp. (NASDAQ:SBLK) announced its earnings results on Wednesday, November, 20th. The shipping company reported $0.18 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.17 by $0.01. The shipping company had revenue of $248.44 million for the quarter, compared to analyst estimates of $215.35 million. Star Bulk Carriers had a positive return on equity of 1.54% and a negative net margin of 1.97%. View Star Bulk Carriers' Earnings History.
When is Star Bulk Carriers' next earnings date?
What price target have analysts set for SBLK?
3 brokers have issued twelve-month price objectives for Star Bulk Carriers' stock. Their forecasts range from $10.00 to $15.00. On average, they anticipate Star Bulk Carriers' stock price to reach $12.50 in the next year. This suggests a possible upside of 44.2% from the stock's current price. View Analyst Price Targets for Star Bulk Carriers.
What is the consensus analysts' recommendation for Star Bulk Carriers?
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.
Has Star Bulk Carriers been receiving favorable news coverage?
Press coverage about SBLK stock has trended very negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. 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 coverage optimism score of -4.0 on InfoTrie's scale. They also gave news articles about the shipping company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the immediate future. View News Stories for Star Bulk Carriers.
Are investors shorting Star Bulk Carriers?
Star Bulk Carriers saw a increase in short interest in the month of February. As of February 14th, there was short interest totalling 2,440,000 shares, an increase of 44.4% from the January 30th total of 1,690,000 shares. Based on an average trading volume of 641,100 shares, the short-interest ratio is currently 3.8 days. Approximately 3.2% of the company's shares are sold short. 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 SEASPAN CORP/SH SH (SSW), Euronav (EURN), Ship Finance International (SFL), Frontline (FRO), Scorpio Tankers (STNG), DHT (DHT), COSTAMARE INC/SH (CMRE), PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), Dorian LPG (LPG), Navigator (NVGS), DryShips (DRYS), Teekay (TK), Genco Shipping & Trading (GNK) and Eagle Bulk Shipping (EGLE).
What other stocks do shareholders of Star Bulk Carriers own?
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 institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (2.36%), Jefferies Group LLC (1.52%), Evermore Global Advisors LLC (1.51%), Phoenix Holdings Ltd. (0.46%), Hawk Ridge Capital Management LP (0.43%) and J. Goldman & Co LP (0.37%).
Which major investors are selling Star Bulk Carriers stock?
SBLK stock was sold by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, California Public Employees Retirement System, Bank of America Corp DE, UBS Group AG, Goldman Sachs Group Inc. and Mainstay Capital Management LLC ADV.
Which major investors are buying Star Bulk Carriers stock?
SBLK stock was purchased by a variety of institutional investors in the last quarter, including Hawk Ridge Capital Management LP, Jeereddi Investments LP, Jefferies Group LLC, Renaissance Technologies LLC, Hartree Partners LP, Phoenix Holdings Ltd., PEAK6 Investments LLC and J. Goldman & Co LP.
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 $8.67.
How big of a company is Star Bulk Carriers?
Star Bulk Carriers has a market capitalization of $795.39 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.View Additional Information About Star Bulk Carriers.
What is Star Bulk Carriers' official website?
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)
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.
