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

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$6.58 -0.34 (-4.91 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$6.58
Today's Range$6.46 - $6.95
52-Week Range$6.46 - $15.38
Volume687,418 shs
Average Volume544,872 shs
Market Capitalization$443.89 million
P/E Ratio5.93
Dividend YieldN/A
Beta1.64
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 October 10, 2018, the company had a fleet of 111 vessels with an aggregate capacity of approximately 12.67 million deadweight ton (dwt), including 17 Newcastlemax, 20 Capesize, 2 Mini Capesize, 7 Post Panamax, 35 Kamsarmax, 2 Panamax, 16 Ultramax, and 12 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$1.1171 per share
Book Value$16.96 per share

Profitability

Net Income$59 million

Miscellaneous

EmployeesN/A
Market Cap$443.89 million
Next Earnings Date6/10/2019 (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) announced its quarterly earnings results on Monday, February, 11th. The shipping company reported $0.33 EPS for the quarter, beating the Zacks' consensus estimate of $0.27 by $0.06. The shipping company earned $209.43 million during the quarter, compared to analyst estimates of $186.95 million. Star Bulk Carriers had a net margin of 9.05% and a return on equity of 7.65%. 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 Monday, June 10th 2019. View Earnings Estimates for Star Bulk Carriers.

What price target have analysts set for SBLK?

6 brokers have issued twelve-month price objectives for Star Bulk Carriers' stock. Their predictions range from $15.00 to $20.00. On average, they anticipate Star Bulk Carriers' stock price to reach $17.60 in the next twelve months. This suggests a possible upside of 167.5% 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 stories about SBLK stock have trended neutral on Sunday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 0.2 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the stock's share price in the near 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 Intelsat (I), Bank of America (BAC), Micron Technology (MU), Fossil Group (FOSL), Advanced Micro Devices (AMD), Cypress Semiconductor (CY), Diana Shipping (DSX), Opko Health (OPK), Scorpio Tankers (STNG) and Chaarat Gold (CGH).

Who are Star Bulk Carriers' key executives?

Star Bulk Carriers' management team includes the folowing people:
  • Mr. Pertos 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 (50.64%), Anchor Bolt Capital LP (1.54%), Horseman Capital Management Ltd (0.54%), Millennium Management LLC (0.54%), RBF Capital LLC (0.49%) and Pendal Group Ltd (0.22%).

Which major investors are selling Star Bulk Carriers stock?

SBLK stock was sold by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, Millennium Management LLC, Horseman Capital Management Ltd, ClariVest Asset Management LLC, RBF Capital LLC and Mainstay Capital Management LLC ADV.

Which major investors are buying Star Bulk Carriers stock?

SBLK stock was bought by a variety of institutional investors in the last quarter, including Oaktree Capital Management LP, Anchor Bolt Capital LP, Pendal Group Ltd, PEAK6 Investments LLC, Bank of America Corp DE, Tokio Marine Asset Management Co. Ltd., Two Sigma Advisers LP and Barclays PLC.

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 $6.58.

How big of a company is Star Bulk Carriers?

Star Bulk Carriers has a market capitalization of $443.89 million and generates $651.56 million in revenue each year. The shipping company earns $59 million in net income (profit) each year or $1.11 on an earnings per share basis.

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:  385 (Vote Outperform)
Underperform Votes:  276 (Vote Underperform)
Total Votes:  661
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 3/24/2019 by MarketBeat.com Staff

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