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.

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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.

Star Bulk Carriers excels in Q3 2024, eyes growth amid challenges

Star Bulk Carriers demonstrated robust financial performance, operational efficiency, and commitment to ESG initiatives in Q3 2024.
While facing challenges such as high debt levels and market uncertainties, the company leverages its strengths in market leadership and strategic integration.
Opportunities lie in expanding global trade, operational synergies, and fleet optimization strategies to drive sustainable growth and value creation.
Overall, Star Bulk's performance reflects resilience, adaptability, and a proactive approach to navigating the evolving shipping landscape.

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The company's revenue increased by 51.2% compared to Q1 2020 and exceeded analysts' expectations for the last three consecutive quarters. SBLK's stock was down -19,8% over the last month, while the Baltic Dry Index is setting new highs.

Star Bulk Carriers: Still Has Room To Grow

SBLK's rally has quieted down over the past month, with the stock down >18%.

Star Bulk Carriers: Get Ready For A Rebound

ATHENS, Greece, July 21, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the second quarter and half year ended June 30, 2021 after the market closes in New York on Thursday, August 5 2021. Star Bulk's management team will host a conference call to discuss the Company's financial results on Friday, August 6, 2021 at 11:00 a.m. Eastern Time (ET).

Star Bulk Announces Dates for the Release of Second Quarter and Half Year Ended June 30, 2021 Results, Conference Call and Webcast

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ATHENS, Greece, July 01, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK) today announced the Company entered into (i) a Sales Agreement dated July 1, 2021, with Deutsche Bank Securities (“Deutsche Bank”) for the offer and sale of up to $75.0 million of common shares of the Company and (ii) a Sales Agreement dated July 1, 2021, with Jefferies LLC (“Jefferies” and together with Deutsche Bank, the “Sales Agents”) for the offer and sale of up to $75.0 million of common shares of the Company.

Star Bulk Carriers Corp. Announces the Launch of Two Separate ATM Equity Offerings for Up to an Aggregate of $150.0 Million of Common Shares of the Company

Star Bulk Carriers Corp (SBLK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Star Bulk Carriers Corp (SBLK): Strong Industry, Solid Earnings Estimate Revisions

ATHENS, Greece, June 23, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), announced that it has delivered a notice of redemption (the “Notice”) to U.S. Bank National Association, as Trustee, to redeem all its outstanding 8.30% Senior Unsecured Notes due 2022 (CUSIP No. Y8162K303) (the “Notes”).

Star Bulk Announces Notice to Redeem All Outstanding 8.3% Senior Unsecured Notes Due 2022

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As of late, it has definitely been a great time to be an investor in Star Bulk Carriers (SBLK).

Star Bulk Carriers' (SBLK) Shares March Higher, Can It Continue?

ATHENS, Greece, June 22, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK) today announced the pricing of a secondary public offering of 2,382,775 of the Company's common shares by OCM XL Holdings, L.P., which is a special purpose holding vehicle owned indirectly by certain funds and accounts managed by Oaktree Capital Management, L.P. (the “Selling Shareholder”) at a price to the public of $22.00 per share.  The offering is expected to close on June 24, 2021, subject to customary conditions. 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. Announces Pricing of Secondary Public Offering of 2,382,775 Common Shares

ATHENS, Greece, June 21, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK) today announced a correction to its press release issued on June 21, 2021 announcing the commencement of a secondary public offering of 2,382,775 of the Company's common shares by funds affiliated with Oaktree Capital Management, L.P. In the press release, the beneficial ownership of the Company's common shares of certain funds affiliated with Oaktree Capital Management, L.P. prior to the offering was misstated at approximately 30.66%. The correct percentage should have read 27.75%.

Correction Notice To Star Bulk's Press Release Announcing Secondary Public Offering of Common Shares

ATHENS, Greece, June 21, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK) today announced the commencement of a secondary public offering of 2,382,775 of the Company's common shares by funds affiliated with Oaktree Capital Management, L.P. (the “Selling Shareholders”). 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. Announces Secondary Public Offering of Common Shares

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Why United States Steel, Century Aluminum, and Star Bulk Carriers Stocks All Crashed Today

Star Bulk Carriers (SBLK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Star Bulk Carriers (SBLK): Can Its 9.7% Jump Turn into More Strength?

Value Investor's Edge Live returns with this latest episode focused on the surging dry bulk segment of the shipping industry. Hamish Norton, President of SBLK, joined us along with co-CFOs Christos Begleris and Simos Spyrou, and Head of Research Constantinos Simantiras.

Star Bulk Carriers Updates On Surging Bulk Markets (Podcast Transcript)

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Star Bulk Carriers (SBLK) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

What Makes Star Bulk Carriers (SBLK) a Good Fit for "Trend Investing"

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Why Safe Bulkers and Star Bulk Carriers Dropped Today -- but Castor Maritime Stock Popped

ATHENS, Greece, May 25, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK),  will distribute a $0.30 cash dividend payable on or about June 14th, 2021 to shareholders of the Common Shares of record on May 31st, 2021. An ex-dividend date of May 27th, 2021 has been established.

Information on the First Quarter Dividend Announced by the Company

After more than quadrupling over the past twelve months, industry leader Star Bulk Carriers' shares sold off after the company reported Q1/2020 earnings and provided preliminary Q2 TCE expectations. Company amended its dividend policy to allow for a Q1 dividend of $0.30 per share.

Star Bulk Carriers - Buy The Dip

Star Bulk Carriers Corp. (SBLK) CEO Petros Pappas on Q1 2021 Results - Earnings Call Transcript

Earnings surge 12-fold -- but still fall short of expectations.

Why Star Bulk Carriers Stock Crashed 10% After Earnings

ATHENS, Greece, May 19, 2021 (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 first 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 $35.8 Million for the First Quarter of 2021 and Declares Quarterly Dividend of $0.30 Per Share

Star Bulk Carriers (NASDAQ:SBLK) releases its next round of earnings this Wednesday, May 19. Here is Benzinga's essential guide to Star Bulk Carriers's Q1 earnings report.

Earnings Outlook For Star Bulk Carriers

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Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength like GNK, SBLK, TSQ, MED and DLA have a high chance of carrying the momentum forward.

News for Star Bulk Carriers Stock (SBLK)