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Star Bulk Carriers NasdaqGS:SBLK Stock Report

Last Price

US$21.59

Market Cap

US$2.6b

7D

3.8%

1Y

16.8%

Updated

20 Sep, 2024

Data

Company Financials +

Star Bulk Carriers Corp.

NasdaqGS:SBLK Stock Report

Market Cap: US$2.6b

SBLK Stock Overview

A shipping company, engages in the ocean transportation of dry bulk cargoes worldwide.

SBLK fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance2/6
Financial Health4/6
Dividends4/6

Community Narratives

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Narratives bring a range of perspectives from our community.

US$29.33
FV
26.4% undervalued intrinsic discount
3.92%
Revenue growth p.a.
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10 days agoauthor updated this narrative

Star Bulk Carriers Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Star Bulk Carriers
Historical stock prices
Current Share PriceUS$21.59
52 Week HighUS$27.47
52 Week LowUS$17.91
Beta0.98
11 Month Change0.98%
3 Month Change-10.41%
1 Year Change16.83%
33 Year Change-5.06%
5 Year Change115.04%
Change since IPO-63.90%

Recent News & Updates

Recent updates

Star Bulk Carriers (NASDAQ:SBLK) Is Doing The Right Things To Multiply Its Share Price

Sep 20
Star Bulk Carriers (NASDAQ:SBLK) Is Doing The Right Things To Multiply Its Share Price

Star Bulk Carriers: Financial Strength And A High Yield Outweigh Macro Concerns

Sep 05

Is It Too Late To Consider Buying Star Bulk Carriers Corp. (NASDAQ:SBLK)?

Sep 04
Is It Too Late To Consider Buying Star Bulk Carriers Corp. (NASDAQ:SBLK)?

Star Bulk Carriers' (NASDAQ:SBLK) Shareholders Have More To Worry About Than Only Soft Earnings

Aug 15
Star Bulk Carriers' (NASDAQ:SBLK) Shareholders Have More To Worry About Than Only Soft Earnings

Star Bulk Carriers: Macro Events Point To Favorable H2 2024 Outlook, Reiterate Buy

Aug 14

Star Bulk Carriers: Strong Q1 Earnings, Much Higher Dividend, 7% Yield May Rise

Jul 28

Star Bulk Q2 Preview: Rich Payouts Ahead As TCE Rates Remain High

Jul 08

We Think Star Bulk Carriers (NASDAQ:SBLK) Is Taking Some Risk With Its Debt

Jun 16
We Think Star Bulk Carriers (NASDAQ:SBLK) Is Taking Some Risk With Its Debt

Star Bulk Carriers Is Fairly Priced, But Not Cheap (Rating Downgrade)

Jun 06

Rainbows and Unicorns: Star Bulk Carriers Corp. (NASDAQ:SBLK) Analysts Just Became A Lot More Optimistic

May 31
Rainbows and Unicorns: Star Bulk Carriers Corp. (NASDAQ:SBLK) Analysts Just Became A Lot More Optimistic

Star Bulk Carriers (NASDAQ:SBLK) Will Pay A Larger Dividend Than Last Year At $0.75

May 26
Star Bulk Carriers (NASDAQ:SBLK) Will Pay A Larger Dividend Than Last Year At $0.75

An Intrinsic Calculation For Star Bulk Carriers Corp. (NASDAQ:SBLK) Suggests It's 32% Undervalued

May 21
An Intrinsic Calculation For Star Bulk Carriers Corp. (NASDAQ:SBLK) Suggests It's 32% Undervalued

Returns On Capital Are Showing Encouraging Signs At Star Bulk Carriers (NASDAQ:SBLK)

May 02
Returns On Capital Are Showing Encouraging Signs At Star Bulk Carriers (NASDAQ:SBLK)

Star Bulk: Rich Dividend Yields As Market Volatility Remains

Apr 25

Should You Think About Buying Star Bulk Carriers Corp. (NASDAQ:SBLK) Now?

Apr 17
Should You Think About Buying Star Bulk Carriers Corp. (NASDAQ:SBLK) Now?

Star Bulk: Still A Great Way To Bet On A Robust Dry Bulk Market

Mar 20

Star Bulk Carriers: 8% Yield, Outperforming In 2024

Feb 25

Star Bulk Carriers Ended FY 2023 On A High Note

Feb 14

Star Bulk Carriers Corp.'s (NASDAQ:SBLK) Subdued P/E Might Signal An Opportunity

Feb 09
Star Bulk Carriers Corp.'s (NASDAQ:SBLK) Subdued P/E Might Signal An Opportunity

These 4 Measures Indicate That Star Bulk Carriers (NASDAQ:SBLK) Is Using Debt Extensively

Jan 25
These 4 Measures Indicate That Star Bulk Carriers (NASDAQ:SBLK) Is Using Debt Extensively

Star Bulk: Excellent Fleet, Attractive Value, And Macro Tailwinds

Jan 21

Is There An Opportunity With Star Bulk Carriers Corp.'s (NASDAQ:SBLK) 50% Undervaluation?

Jan 05
Is There An Opportunity With Star Bulk Carriers Corp.'s (NASDAQ:SBLK) 50% Undervaluation?

Returns At Star Bulk Carriers (NASDAQ:SBLK) Are On The Way Up

Dec 04
Returns At Star Bulk Carriers (NASDAQ:SBLK) Are On The Way Up

Star Bulk Carriers' (NASDAQ:SBLK) Weak Earnings May Only Reveal A Part Of The Whole Picture

Nov 20
Star Bulk Carriers' (NASDAQ:SBLK) Weak Earnings May Only Reveal A Part Of The Whole Picture

Is Now An Opportune Moment To Examine Star Bulk Carriers Corp. (NASDAQ:SBLK)?

Nov 13
Is Now An Opportune Moment To Examine Star Bulk Carriers Corp. (NASDAQ:SBLK)?

Are Investors Undervaluing Star Bulk Carriers Corp. (NASDAQ:SBLK) By 48%?

Sep 30
Are Investors Undervaluing Star Bulk Carriers Corp. (NASDAQ:SBLK) By 48%?

Here's Why Star Bulk Carriers (NASDAQ:SBLK) Has A Meaningful Debt Burden

Sep 15
Here's Why Star Bulk Carriers (NASDAQ:SBLK) Has A Meaningful Debt Burden

Star Bulk Carriers (NASDAQ:SBLK) Shareholders Will Want The ROCE Trajectory To Continue

Aug 22
Star Bulk Carriers (NASDAQ:SBLK) Shareholders Will Want The ROCE Trajectory To Continue

Need To Know: Analysts Just Made A Substantial Cut To Their Star Bulk Carriers Corp. (NASDAQ:SBLK) Estimates

Aug 06
Need To Know: Analysts Just Made A Substantial Cut To Their Star Bulk Carriers Corp. (NASDAQ:SBLK) Estimates

At US$18.17, Is It Time To Put Star Bulk Carriers Corp. (NASDAQ:SBLK) On Your Watch List?

Jul 29
At US$18.17, Is It Time To Put Star Bulk Carriers Corp. (NASDAQ:SBLK) On Your Watch List?

Is Star Bulk Carriers (NASDAQ:SBLK) A Risky Investment?

May 25
Is Star Bulk Carriers (NASDAQ:SBLK) A Risky Investment?

Star Bulk Carriers (NASDAQ:SBLK) Could Become A Multi-Bagger

May 08
Star Bulk Carriers (NASDAQ:SBLK) Could Become A Multi-Bagger

When Should You Buy Star Bulk Carriers Corp. (NASDAQ:SBLK)?

Apr 23
When Should You Buy Star Bulk Carriers Corp. (NASDAQ:SBLK)?

Shareholder Returns

SBLKUS ShippingUS Market
7D3.8%3.9%1.6%
1Y16.8%45.4%30.5%

Return vs Industry: SBLK underperformed the US Shipping industry which returned 45.4% over the past year.

Return vs Market: SBLK underperformed the US Market which returned 30.5% over the past year.

Price Volatility

Is SBLK's price volatile compared to industry and market?
SBLK volatility
SBLK Average Weekly Movement4.0%
Shipping Industry Average Movement4.6%
Market Average Movement6.4%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: SBLK has not had significant price volatility in the past 3 months.

Volatility Over Time: SBLK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006216Petros Pappaswww.starbulk.com

Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. Its vessels transport a range of bulk commodities, including iron ores, minerals and grains, bauxite, fertilizers, and steel products. As of December 31, 2023, the company owned a fleet of 116 dry bulk vessels with combined carrying capacity of 13.1 million deadweight tonnage (dwt) consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax vessels with carrying capacities between 53,489 dwt and 209,537 dwt.

Star Bulk Carriers Corp. Fundamentals Summary

How do Star Bulk Carriers's earnings and revenue compare to its market cap?
SBLK fundamental statistics
Market capUS$2.60b
Earnings (TTM)US$264.30m
Revenue (TTM)US$1.10b

9.7x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SBLK income statement (TTM)
RevenueUS$1.10b
Cost of RevenueUS$576.01m
Gross ProfitUS$522.80m
Other ExpensesUS$258.50m
EarningsUS$264.30m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 19, 2024

Earnings per share (EPS)2.22
Gross Margin47.58%
Net Profit Margin24.05%
Debt/Equity Ratio59.6%

How did SBLK perform over the long term?

See historical performance and comparison

Dividends

6.6%

Current Dividend Yield

77%

Payout Ratio