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

$10.16
-0.29 (-2.78 %)
(As of 09/19/2019 04:00 PM ET)
Today's Range
$10.16
Now: $10.16
$10.44
50-Day Range
$8.55
MA: $10.01
$11.27
52-Week Range
$6.16
Now: $10.16
$15.38
Volume469,710 shs
Average Volume578,855 shs
Market Capitalization$937.62 million
P/E Ratio9.15
Dividend YieldN/A
Beta1.67
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. Read More…

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$1.9242 per share
Book Value$16.47 per share

Profitability

Net Income$58.40 million

Miscellaneous

Employees169
Market Cap$937.62 million
Next Earnings Date11/19/2019 (Estimated)
OptionableOptionable

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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) issued its quarterly earnings results on Wednesday, August, 7th. The shipping company reported ($0.22) earnings per share for the quarter, beating the consensus estimate of ($0.31) by $0.09. The shipping company earned $157.79 million during the quarter, compared to the consensus estimate of $137.11 million. Star Bulk Carriers had a positive return on equity of 2.09% and a negative net margin of 0.99%. 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, November 19th 2019. View Earnings Estimates for Star Bulk Carriers.

What price target have analysts set for SBLK?

3 equities research analysts have issued twelve-month price targets for Star Bulk Carriers' shares. Their forecasts range from $15.00 to $15.00. On average, they anticipate Star Bulk Carriers' stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 47.6% 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?

News articles about SBLK stock have been trending negative recently, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news 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 media sentiment score of -2.9 on InfoTrie's scale. They also gave news 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 company's share price in the near future. View News Stories for Star Bulk Carriers.

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), Micron Technology (MU), Scorpio Tankers (STNG), Eagle Bulk Shipping (egle), Fossil Group (FOSL), Golden Ocean Group (GOGL), Opko Health (OPK), Diana Shipping (dsx) and Cypress Semiconductor (CY).

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 a number of of retail and institutional investors. Top institutional investors include Oaktree Capital Management LP (40.54%), Impala Asset Management LLC (4.13%), York Capital Management Global Advisors LLC (2.32%), Renaissance Technologies LLC (2.16%), Marshall Wace LLP (0.56%) and RBF Capital LLC (0.32%).

Which institutional investors are selling Star Bulk Carriers stock?

SBLK stock was sold by a variety of institutional investors in the last quarter, including York Capital Management Global Advisors LLC, Marshall Wace LLP, JPMorgan Chase & Co., Canada Pension Plan Investment Board, Pendal Group Ltd, Morgan Stanley, Tokio Marine Asset Management Co. Ltd. and RBF Capital LLC.

Which institutional investors are buying Star Bulk Carriers stock?

SBLK stock was acquired by a variety of institutional investors in the last quarter, including Oaktree Capital Management LP, Impala Asset Management LLC, Renaissance Technologies LLC, SG Americas Securities LLC, Marshall Wace North America L.P., RMB Capital Management LLC, Paloma Partners Management Co 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, Robinhood, Fidelity and Charles Schwab.

What is Star Bulk Carriers' stock price today?

One share of SBLK stock can currently be purchased for approximately $10.16.

How big of a company is Star Bulk Carriers?

Star Bulk Carriers has a market capitalization of $937.62 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.View Additional Information About Star Bulk Carriers.

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:  406 (Vote Outperform)
Underperform Votes:  299 (Vote Underperform)
Total Votes:  705
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 9/19/2019 by MarketBeat.com Staff

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