NASDAQ
SBLK

Star Bulk Carriers Corp

Marine Shipping
Industrials

Prices are adjusted according to historical splits.

Star Bulk Carriers Corp Stock Price

Vitals

Today's Low:
$17.12
Today's High:
$17.595
Open Price:
$17.45
52W Low:
$14.8604
52W High:
$24.0286
Prev. Close:
$17.54
Volume:
879773

Company Statistics

Market Cap.:
$1.81 billion
Book Value:
19.322
Revenue TTM:
$1.12 billion
Operating Margin TTM:
27.56%
Gross Profit TTM:
$830.31 million
Profit Margin:
25.47%
Return on Assets TTM:
5.58%
Return on Equity TTM:
13.94%

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 $17.45 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $17.12 - $17.6, and closed at $17.24.

This is a -1.71% slip from the previous day's closing price.

A total volume of 879,773 shares were traded at the close of the day’s session.

In the last one week, shares of Star Bulk Carriers Corp have slipped by -2.16%.

Star Bulk Carriers Corp's Key Ratios

Star Bulk Carriers Corp has a market cap of $1.81 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 $1.12 billion with a gross profit of $830.31 million and an EBITDA of $458.48 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 27.56% while its return on assets stood at 5.58% with a return of equity of 13.94%.

In Q2, Star Bulk Carriers Corp’s quarterly earnings growth was a negative -78% while revenue growth was a negative 42.8%.

Star Bulk Carriers Corp’s PE and PEG Ratio

Forward PE
5.9312
Trailing PE
6.3782
PEG
1.95

Its diluted EPS in the last 12-months stands at $2.75 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 $2.55 per share, indicating a yield of 14.54% and a payout ratio of 83.33%.

Balance sheet and cash flow metrics

Total Assets
$3.29 billion
Total Liabilities
$329.47 million
Operating Cash Flow
$0
Capital Expenditure
$3.38 million
Dividend Payout Ratio
83.33%

Star Bulk Carriers Corp ended 2024 with $3.29 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.29 billion while shareholder equity stood at $1.99 billion.

Star Bulk Carriers Corp ended 2024 with $0 in deferred long-term liabilities, $329.47 million in other current liabilities, 1032000.00 in common stock, $-656724000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $285.25 million and cash and short-term investments were $285.25 million. The company’s total short-term debt was $225,731,000 while long-term debt stood at $779.02 million.

Star Bulk Carriers Corp’s total current assets stands at $487.15 million while long-term investments were $1.71 million and short-term investments were $0. Its net receivables were $81.83 million compared to accounts payable of $36.79 million and inventory worth $65.02 million.

In 2024, Star Bulk Carriers Corp's operating cash flow was $0 while its capital expenditure stood at $3.38 million.

Comparatively, Star Bulk Carriers Corp paid $0.83 in dividends in 2024.

Other key metrics

Current Trading Price
$17.24
52-Week High
$24.0286
52-Week Low
$14.8604
Analyst Target Price
$28.4

Star Bulk Carriers Corp stock is currently trading at $17.24 per share. It touched a 52-week high of $24.0286 and a 52-week low of $24.0286. Analysts tracking the stock have a 12-month average target price of $28.4.

Its 50-day moving average was $17.4 and 200-day moving average was $18.89 The short ratio stood at 3.95 indicating a short percent outstanding of 0%.

Around 582.4% of the company’s stock are held by insiders while 4856.8% are held by institutions.

Frequently Asked Questions About Star Bulk Carriers Corp

The stock symbol (also called stock or share ticker) of Star Bulk Carriers Corp is SBLK

The IPO of Star Bulk Carriers Corp took place on 2006-02-27

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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.

Address

40 Agiou Konstantinou Street, Marousi, Greece, 15124