Star Bulk Carriers Corp
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $18.25
- Today's High:
- $18.7
- Open Price:
- $18.25
- 52W Low:
- $15.4797
- 52W High:
- $28.2402
- Prev. Close:
- $17.75
- Volume:
- 1285800
Company Statistics
- Market Cap.:
- $1.92 billion
- Book Value:
- 19.349
- Revenue TTM:
- $1.30 billion
- Operating Margin TTM:
- 35.66%
- Gross Profit TTM:
- $830.31 million
- Profit Margin:
- 33.95%
- Return on Assets TTM:
- 8.18%
- Return on Equity TTM:
- 21.75%
Company Profile
Star Bulk Carriers Corp had its IPO on 2006-02-27 under the ticker symbol SBLK.
The company operates in the Industrials sector and Marine Shipping industry. Star Bulk Carriers Corp has a staff strength of 209 employees.
Stock update
Shares of Star Bulk Carriers Corp opened at $18.25 at the start of the last trading session i.e. 2023-06-03.
The stocks traded within a range of $18.25 - $18.7, and closed at $18.64.
This is a +5.01% increase from the previous day's closing price.
A total volume of 1,285,800 shares were traded at the close of the day’s session.
In the last one week, shares of Star Bulk Carriers Corp have increased by +3.15%.
Star Bulk Carriers Corp's Key Ratios
Star Bulk Carriers Corp has a market cap of $1.92 billion, indicating a price to book ratio of 0.9518 and a price to sales ratio of 1.2862.
In the last 12-months Star Bulk Carriers Corp’s revenue was $1.30 billion with a gross profit of $830.31 million and an EBITDA of $616.98 million. The EBITDA ratio measures Star Bulk Carriers Corp's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Star Bulk Carriers Corp’s operating margin was 35.66% while its return on assets stood at 8.18% with a return of equity of 21.75%.
In Q1, Star Bulk Carriers Corp’s quarterly earnings growth was a negative -73.7% while revenue growth was a negative 37.9%.
Star Bulk Carriers Corp’s PE and PEG Ratio
- Forward PE
- 5.9312
- Trailing PE
- 4.345
- PEG
- 1.95
Its diluted EPS in the last 12-months stands at $4.29 per share while it has a forward price to earnings multiple of 5.9312 and a PEG multiple of 1.95. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Star Bulk Carriers Corp’s profitability.
Star Bulk Carriers Corp stock is trading at a EV to sales ratio of 1.8023 and a EV to EBITDA ratio of 2.7948. Its price to sales ratio in the trailing 12-months stood at 1.2862.
Star Bulk Carriers Corp stock pays annual dividends of $3.8 per share, indicating a yield of 21.41% and a payout ratio of 82.79%.
Balance sheet and cash flow metrics
- Total Assets
- $3.26 billion
- Total Liabilities
- $319.92 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $5.39 million
- Dividend Payout Ratio
- 82.79%
Star Bulk Carriers Corp ended 2023 with $3.26 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.26 billion while shareholder equity stood at $1.52 billion.
Star Bulk Carriers Corp ended 2023 with $0 in deferred long-term liabilities, $319.92 million in other current liabilities, in common stock, $-664897000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $219.12 million and cash and short-term investments were $219.12 million. The company’s total short-term debt was $0 while long-term debt stood at $870.04 million.
Star Bulk Carriers Corp’s total current assets stands at $342.87 million while long-term investments were $1.62 million and short-term investments were $0. Its net receivables were $69.44 million compared to accounts payable of $32.65 million and inventory worth $66.45 million.
In 2023, Star Bulk Carriers Corp's operating cash flow was $0 while its capital expenditure stood at $5.39 million.
Comparatively, Star Bulk Carriers Corp paid $0.83 in dividends in 2023.
Other key metrics
- Current Trading Price
- $18.64
- 52-Week High
- $28.2402
- 52-Week Low
- $15.4797
- Analyst Target Price
- $28.69
Star Bulk Carriers Corp stock is currently trading at $18.64 per share. It touched a 52-week high of $28.2402 and a 52-week low of $28.2402. Analysts tracking the stock have a 12-month average target price of $28.69.
Its 50-day moving average was $19.93 and 200-day moving average was $19.71 The short ratio stood at 3.77 indicating a short percent outstanding of 0%.
Around 582.5% of the company’s stock are held by insiders while 4696% are held by institutions.
Frequently Asked Questions About Star Bulk Carriers Corp
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About
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company’s vessels transport a range of bulk commodities, including iron ores, minerals and grains, bauxite, fertilizers, and steel products. As of December 31, 2022, it had a fleet of 128 dry bulk vessels with an aggregate capacity of approximately 14.1 million deadweight tons, including Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax vessels. The company also provides vessel management services. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.