
SBLK Stock Forecast & Price Target
SBLK Analyst Ratings
Bulls say
Star Bulk Carriers Corp is poised for a positive financial outlook, with fourth-quarter bookings indicating a significant increase, likely reaching levels not seen since the first quarter of 2024. The company has demonstrated strong liquidity, holding cash reserves of $452.5 million and maintaining a robust net loan-to-value ratio of 21%, while it continues to exceed revenue expectations with actual earnings of $217 million compared to projections of $204 million. Additionally, the strategic sale of older vessels aligns with its commitment to optimizing its fleet composition and enhancing profitability, contributing to the anticipated momentum in earnings in the coming quarters.
Bears say
Star Bulk Carriers reported an adjusted EPS of $0.28, falling short of the consensus estimate of $0.32, despite exceeding the analyst's own estimate of $0.20, indicating a potential weakening in earnings momentum. Additionally, the adjusted EBITDA of $86.8 million was below both the consensus forecast of $97.6 million and the internal estimate of $105.2 million, suggesting challenging operational performance. Increasing interest rates are further pressuring asset values in the shipping sector, which may negatively impact Star Bulk's overall financial stability and stock outlook.
This aggregate rating is based on analysts' research of Star Bulk Carriers and is not a guaranteed prediction by Public.com or investment advice.
SBLK Analyst Forecast & Price Prediction
Start investing in SBLK
Order type
Buy in
Order amount
Est. shares
0 shares