Star Bulk Carriers

Star Bulk Carriers Corp. provides seaborne transportation solutions in the dry bulk sector. The firm's vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products. The company was founded by Petros Alexandros Pappas on December 13, 2006 and is headquartered in Athens, Greece.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Star Bulk Carriers posts strong Q4 earnings amidst market optimism

Star Bulk Carriers delivered a robust performance in Q4 2022, driven by strong earnings, positive cash flow, and a commitment to shareholder value through dividends.
While facing challenges such as fleet upgrade expenses and cost management, the company remains well-positioned with a solid financial foundation and growth opportunities.
By capitalizing on its strengths in operational efficiency, ESG initiatives, and market outlook, Star Bulk can navigate challenges and leverage opportunities for sustainable growth.

Star Bulk Carriers reports robust Q1 earnings and advances ESG initiatives

Star Bulk Carriers' Q1 2023 performance reflects financial resilience, operational excellence, and a strategic focus on sustainable growth amidst industry challenges and opportunities.
The company's strengths in liquidity management, capital allocation discipline, and ESG leadership position it well for long-term value creation and competitive advantage.
While facing debt-related challenges and market uncertainties, Star Bulk Carriers can leverage fleet optimization, ESG commitments, and industry trends to drive future success and shareholder value.

Star Bulk Carriers posts solid Q2 earnings amidst sustainability drive

Star Bulk Carriers delivered strong financial results in Q2 2023, supported by robust earnings, shareholder returns, and operational efficiency.
While facing challenges such as upcoming dry dock expenses and cost management, the company remains well-positioned to capitalize on market opportunities.
By focusing on sustainability, innovation, and financial discipline, Star Bulk Carriers aims to navigate industry dynamics and drive long-term value for stakeholders.

Star Bulk Carriers posts solid Q3 results, eyes sustainable growth

Star Bulk Carriers delivered strong financial results in Q3, supported by a robust dividend payout and strategic fleet management decisions.
The company's ESG efforts and market focus on key trades provide a foundation for sustainable growth and operational efficiency.
While facing challenges related to debt levels and market dependencies, Star Bulk Carriers has opportunities to optimize shareholder value and navigate industry trends effectively.

Star Bulk Carriers excels in Q4, eyes sustainable growth

Star Bulk Carriers delivered a robust financial performance in Q4 2023, maintaining a strong cash position and strategic fleet management.
While facing challenges such as managing dry dock expenses and regulatory compliance, the company's proactive approach and environmental focus present growth opportunities.
Overall, Star Bulk's commitment to sustainability, operational efficiency, and market positioning bode well for future success in the dry bulk shipping industry.

Star Bulk Carriers posts solid Q1 earnings amidst ESG focus

Star Bulk Carriers delivered strong financial performance in Q1 2024, supported by robust earnings, liquidity position, and operational efficiency.
While facing challenges related to debt management and market uncertainties, the company's strategic focus on capital allocation, ESG initiatives, and fleet modernization presents growth opportunities.
By maintaining financial discipline, pursuing sustainable practices, and leveraging market trends, Star Bulk is poised to navigate challenges and capitalize on future opportunities in the shipping industry.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Star Bulk Carriers (SBLK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Star Bulk Carriers (SBLK) Reports Next Week: Wall Street Expects Earnings Growth

Diana Shipping

Eagle Bulk Shipping

Genco Shipping & Trading

Golden Ocean Group

Grindrod Shipping Holdings Ltd

KNOT Offshore Partners

ZIM Integrated Shipping Services

After nearly a year of hearing and reading about challenges due to demand outrunning supply, there are indications that supply is catching up.

7 Shipping Companies Now Delivering Huge Dividends

Stocks in the Zacks Transportation - Shipping Industry have been hot year-to-date, tallying nearly a 30% return and easily crushing the S&P 500's decline of 15%.

3 Stocks Crushing the S&P 500 in 2022

The mean of analysts' price targets for Star Bulk Carriers (SBLK) points to a 29.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe Star Bulk Carriers (SBLK) Could Rally 30%: Here's is How to Trade

Ardmore Shipping

DHT Holdings

Euronav

Frontline

Global Ship Lease

International Seaways

Nordic American Tankers

Scorpio Tankers

Teekay Tankers

Tsakos Energy Navigation Limited

TORM

Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China's economy, oil demand, Fed tightening and inflation added up to one of the worst trading sessions of the year for shipping names.

Shipping stocks take another beating, sinking by double digits

ATHENS, Greece, May 09, 2022 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the first quarter ended March 31, 2022 after the market closes in New York on Tuesday, May 24, 2022. Star Bulk's management team will host a conference call to discuss the Company's financial results on Wednesday, May 25, 2022 at 11:00 a.m. Eastern Time (ET).

Star Bulk Announces Date for the Release of First Quarter Ended March 31, 2022 Results, Conference Call and Webcast

Star Bulk Carriers (SBLK) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Star Bulk Carriers (SBLK) Upgraded to Strong Buy: Here's Why

Star Bulk Carriers (SBLK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for Star Bulk Carriers (SBLK)

The Covid world-wide pandemic disrupts everything, particularly transportations often taken largely to be rather schedule-able, like ocean shipping. Known capacities of carriers, established volumes of demand, seasonal patterns, improved weather monitoring & forecasting, increased competitive anticipations, all fostered routines – until human lifetime urgencies interceded.

Star Bulk Carriers: Not Best-Now Shipping Stock - Zim Integrated A Better Current Payoff Prospect

Since my first article on SBLK, the stock's price increased by more than 45% to $32 per share, then retreated to below $30. Based on my new calculations, the stock is worth $31 per share. However, based on the market condition, I believe the stock is worth even more.

Star Bulk Carriers: The Stock Is Still Undervalued

ATHENS, Greece, April 11, 2022 (GLOBE NEWSWIRE) -- Star Bulk (the "Company") has today filed a new automatic shelf registration on Form F-3 in order to replace the existing shelf registration statement which would have expired on April 11, 2022. In connection with the filing of the new registration statement, the Company has entered into Amended and Restated ATM Sales Agreements with each of Deutsche Bank Securities Inc. and Jefferies LLC (“Jefferies”), each with substantially similar terms as the prior ATM Sales Agreements, which have been terminated. The filings being made today (the “Replacement Filings”) are solely due to the passage of time, and do not reflect any policy or strategy changes at Star Bulk.

Star Bulk Carriers Corp. Announces Replacement of Expiring Registration Statement

Star Bulk could be topping in March-April 2022, as shipping rates begin to fall.

Star Bulk Carriers: Risk Increasing, Chart Divergences

ATHENS, Greece, April 06, 2022 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced the signing of a joint letter of intent to establish a consortium to assess the development of an iron ore Green Corridor between Australia and East Asia, led by the Global Maritime Forum and along with its partners BHP, Rio Tinto, and Oldendorff Carriers GmbH & Co. KG.

Star Bulk Carriers Corp. Announces the Signing of a Joint Letter of Intent to Develop an Iron Ore Green Corridor

Danaos

Shipments from Ukraine and Russia account for a quarter of global grain trade, and with Russia's invasion of Ukraine, food-security.

Geopolitical tensions shake $120 billion grain trade; Which shipping stocks to watch?

The dividend for Q4 2021 was $2.00. The stock price was $22.67 at the end of 2021. Future dividends are cash flow-dependent.

Buy Star Bulk For Future Dividends

ATHENS, Greece, March 16, 2022 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced that the Company's annual report on Form 20‐F (the “Annual Report”), which contains the Company's audited financial statements for the fiscal year ended December 31, 2021, was filed with the Securities and Exchange Commission on March 15, 2022. The Annual Report can be found on the Commission's website at http://www.sec.gov and on the Company's website at http://www.starbulk.com.

Star Bulk Announces Availability of Its 2021 Annual Report on Form 20‐F

The Tide Keeps Rising For Star Bulk Carriers

Star Bulk Carriers' (SBLK) CEO Petros Pappas on Q4 2021 Results - Earnings Call Transcript

2021 earnings grew -- better sit down for this -- 6,710% since 2020.

Why Star Bulk Carriers Stock Popped Today

Star Bulk Carriers (SBLK) delivered earnings and revenue surprises of 17.46% and 4.99%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Star Bulk Carriers (SBLK) Q4 Earnings and Revenues Top Estimates

ATHENS, Greece, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the fourth quarter of 2021. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to "we," "us," "our," or similar references, mean Star Bulk Carriers Corp. and, where applicable, its consolidated subsidiaries.

Star Bulk Carriers Corp. Reports Net Profit of $300.2 Million for the Fourth Quarter of 2021 and Declares Quarterly Dividend of $2.00 Per Share

Star Bulk Carriers (SBLK) closed at $26.78 in the latest trading session, marking a +0.45% move from the prior day.

Star Bulk Carriers (SBLK) Gains As Market Dips: What You Should Know

High fuel costs may dent Star Bulk's (SBLK) Q4 performance.

Will Omicron-Led Woes Mar Star Bulk's (SBLK) Q4 Earnings?

The company has a very low breakeven point with low CapEx requirements in 2022. The company's profitability has enabled them to provide their investors with double digit dividend yields, which is set to continue in 2022.

Star Bulk Carriers' Locomotive Is Ready To Leave The Station

I estimate a 4Q 2021 TCE per day of $29271 for Star Bulk. Also, I estimate a 4Q 2021 TCE revenue of $333.8 million for the company. I estimate that SBLK's fair value is about $26 per share, an 18.37% upside potential.

News for Star Bulk Carriers Stock (SBLK)