Star Bulk Carriers Stock Today

SBLK Stock  USD 17.32  0.23  1.31%   

Performance

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Odds Of Distress

Less than 3

 
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Star Bulk is selling for 17.32 as of the 30th of November 2024. This is a 1.31% down since the beginning of the trading day. The stock's last reported lowest price was 17.18. Star Bulk has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on May 14, 2024, Senator Tommy Tuberville of US Senate acquired $50k to $100k worth of Star Bulk Carriers's common stock.
Business Domain
Transportation
IPO Date
27th of February 2006
Category
Industrials
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece. Star Bulk is traded on NASDAQ Exchange in the United States. The company has 117.89 M outstanding shares of which 1.39 M shares are at this time shorted by private and institutional investors with about 0.97 trading days to cover. More on Star Bulk Carriers

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Star Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO and DirectorPetros Pappas
Old NameStar Bulk Carriers Corp
Business ConcentrationMarine Transportation, Marine Shipping, Industrials, NASDAQ Composite, NASDAQ Composite Total, Industrials, Marine Transportation, Marine Shipping, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.160.3135
Way Down
Slightly volatile
Total Current Liabilities377.3 M359.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total725.7 MB
Way Down
Slightly volatile
Total Assets1.9 BB
Way Down
Slightly volatile
Total Current Assets236.9 M450.1 M
Way Down
Slightly volatile
Debt Levels
Star Bulk can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Star Bulk's financial leverage. It provides some insight into what part of Star Bulk's total assets is financed by creditors.
Liquidity
Star Bulk Carriers currently holds 1.26 B in liabilities with Debt to Equity (D/E) ratio of 0.67, which is about average as compared to similar companies. Star Bulk Carriers has a current ratio of 2.03, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Star Bulk's use of debt, we should always consider it together with its cash and equity.

Total Cash From Operating Activities

352.57 Million
Star Bulk Carriers (SBLK) is traded on NASDAQ Exchange in USA. It is located in 40 Agiou Konstantinou Street, Marousi, Greece, 15124 and employs 216 people. Star Bulk is listed under Marine Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.04 B. Star Bulk Carriers conducts business under Marine Transportation sector and is part of Industrials industry. The entity has 117.89 M outstanding shares of which 1.39 M shares are at this time shorted by private and institutional investors with about 0.97 trading days to cover. Star Bulk Carriers currently holds about 388.45 M in cash with 335.78 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.78.
Check Star Bulk Probability Of Bankruptcy
Ownership Allocation
Star Bulk Carriers shows a total of 117.89 Million outstanding shares. 30% of Star Bulk Carriers outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. On May 14, 2024, Senator Tommy Tuberville of US Senate acquired $50k to $100k worth of Star Bulk Carriers's common stock.
Check Star Ownership Details

Star Stock Institutional Holders

InstituionRecorded OnShares
Goldman Sachs Group Inc2024-06-30
1.2 M
Encompass Capital Advisors Llc2024-09-30
1.1 M
Philosophy Capital Management Llc2024-09-30
M
Bank Of New York Mellon Corp2024-06-30
952.1 K
Walleye Trading Advisors, Llc2024-06-30
829.6 K
Artemis Investment Management Llp2024-09-30
825.1 K
Amundi2024-06-30
774.1 K
Ubs Asset Mgmt Americas Inc2024-09-30
723.4 K
Gratus Capital Llc2024-06-30
719.7 K
Oaktree Capital Management Llc2024-06-30
M
Morgan Stanley - Brokerage Accounts2024-06-30
M
View Star Bulk Diagnostics

Star Bulk Historical Income Statement

At this time, Star Bulk's Total Operating Expenses is quite stable compared to the past year. Income Before Tax is expected to rise to about 182.4 M this year, although the value of Depreciation And Amortization will most likely fall to about 82.9 M. View More Fundamentals

Star Stock Against Markets

Star Bulk Corporate Management

When determining whether Star Bulk Carriers is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Star Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Star Bulk Carriers Stock. Highlighted below are key reports to facilitate an investment decision about Star Bulk Carriers Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Star Bulk Carriers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Star Bulk. If investors know Star will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Star Bulk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.163
Earnings Share
2.93
Revenue Per Share
11.52
Quarterly Revenue Growth
0.478
Return On Assets
0.0562
The market value of Star Bulk Carriers is measured differently than its book value, which is the value of Star that is recorded on the company's balance sheet. Investors also form their own opinion of Star Bulk's value that differs from its market value or its book value, called intrinsic value, which is Star Bulk's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Star Bulk's market value can be influenced by many factors that don't directly affect Star Bulk's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Star Bulk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Star Bulk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Star Bulk's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.