SBLK Chart
About

Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes through the ownership and operation of dry bulk carrier vessels worldwide. Its vessels transport a range of bulk commodities, including iron ores, minerals and grains, bauxite, fertilizers, and steel products. As of December 31, 2024, the company owned a fleet of 151 dry bulk vessels with a combined carrying capacity of 14.6 million deadweight tonnage (dwt) consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax vessels with carrying capacities between 53,489 deadweight tonnage and 209,537 deadweight tonnage. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.

Fundamentals
Scroll to Statements
Sector Industrials Industry Marine Shipping Market Cap 2.65B
Enterprise Value 3.34B Income 84.17M Sales 1.04B
Book/sh 21.96 Cash/sh 4.50 Dividend Yield 245.00%
Payout 168.09% Employees — IPO —
P/E 49.34 Forward P/E 6.85 PEG —
P/S 2.54 P/B 1.06 P/C —
EV/EBITDA 10.45 EV/Sales 3.21 Quick Ratio 1.31
Current Ratio 1.78 Debt/Eq 49.05 LT Debt/Eq —
EPS (ttm) 0.47 EPS next Y 3.39 EPS Growth 58.30%
Revenue Growth -2.70% Earnings 2026-05-19 ROA 2.38%
ROE 3.41% ROIC — Gross Margin 36.40%
Oper. Margin 26.74% Profit Margin 8.07% Shs Outstand 113.85M
Shs Float 83.46M Short Float 1.32% Short Ratio 1.19
Short Interest — 52W High 27.20 52W Low 12.06
Beta 0.74 Avg Volume 1.60M Volume 348.45K
Target Price $28.23 Recom Strong_buy Prev Close $23.72
Price $23.19 Change -2.23%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$28.23
Mean price target
2. Current target
$23.20
Latest analyst target
3. DCF / Fair value
$7.05
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$23.20
Low
$25.90
High
$30.00
Mean
$28.23

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-19 main Jefferies Buy → Buy $22
2025-08-07 main Jefferies Buy → Buy $22
2025-02-19 main Jefferies Buy → Buy $21
2024-11-20 main Jefferies Buy → Buy $28
2024-10-23 down Stifel Buy → Hold $21
2024-09-04 init Deutsche Bank — → Buy $26
2024-05-24 main Stifel Buy → Buy $30
2024-05-23 main Jefferies Buy → Buy $30
2024-02-14 main Stifel Buy → Buy $28
2023-11-30 main Jefferies Buy → Buy $24
2023-11-14 reit Jefferies Buy → Buy $22
2023-10-19 main Stifel Buy → Buy $25
2023-08-04 reit Jefferies Buy → Buy $22
2023-06-06 main Jefferies Buy → Buy $22
2023-05-17 main Jefferies Buy → Buy $24
2023-04-25 main Stifel — → Buy $30
2023-02-17 reit Jefferies — → Buy $26
2022-09-26 main Jefferies — → Buy $26
2022-09-20 up Pareto Securities Hold → Buy —
2022-07-19 main Stifel — → Buy $32
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems6.13M-8.51K-6.63K18.34
TaxRateForCalcs0.220.000.000.00
NormalizedEBITDA533.51M408.05M794.79M880.09M
TotalUnusualItems27.86M-8.08M-15.39M780.00K
TotalUnusualItemsExcludingGoodwill27.86M-8.08M-15.39M780.00K
NetIncomeFromContinuingOperationNetMinorityInterest304.65M173.56M566.00M680.53M
ReconciledDepreciation164.06M138.43M156.73M152.64M
ReconciledCostOfRevenue844.96M690.03M759.69M652.45M
EBITDA561.37M399.96M779.40M880.87M
EBIT397.31M261.54M622.67M728.23M
NetInterestIncome-75.45M-56.09M-45.53M-55.72M
InterestExpense92.77M87.86M56.54M47.80M
InterestIncome21.94M37.01M17.09M315.00K
NormalizedIncome282.93M181.63M581.38M679.75M
NetIncomeFromContinuingAndDiscontinuedOperation304.65M173.56M566.00M680.53M
TotalExpenses911.00M710.47M807.72M689.84M
TotalOperatingIncomeAsReported383.00M238.46M607.60M739.40M
DilutedAverageShares108.70M98.85M102.54M101.48M
BasicAverageShares106.88M98.46M102.15M101.18M
DilutedEPS2.801.765.526.71
BasicEPS2.851.765.546.73
DilutedNIAvailtoComStockholders304.65M173.56M566.00M680.53M
NetIncomeCommonStockholders304.65M173.56M566.00M680.53M
NetIncome304.65M173.56M566.00M680.53M
NetIncomeIncludingNoncontrollingInterests304.65M173.56M566.00M680.53M
NetIncomeContinuousOperations304.65M173.56M566.00M680.53M
EarningsFromEquityInterestNetOfTax-4.00K60.00K109.00K120.00K
TaxProvision-116.00K183.00K244.00K16.00K
PretaxIncome304.54M173.68M566.13M680.43M
OtherIncomeExpense25.53M-9.03M-17.77M-1.43M
OtherNonOperatingIncomeExpenses-2.33M-952.00K-2.38M-2.21M
SpecialIncomeCharges33.75M-3.21M-13.94M-2.78M
GainOnSaleOfPPE43.29M29.40M0.000.00
OtherSpecialCharges1.14M5.15M-4.06M2.15M
WriteOff6.59M9.62M18.00M629.00K
ImpairmentOfCapitalAssets1.80M17.84M0.000.00
GainOnSaleOfSecurity-5.89M-4.88M-1.45M3.56M
NetNonOperatingInterestIncomeExpense-75.45M-56.09M-45.53M-55.72M
TotalOtherFinanceCost4.62M5.25M6.08M8.23M
InterestExpenseNonOperating92.77M87.86M56.54M47.80M
InterestIncomeNonOperating21.94M37.01M17.09M315.00K
OperatingIncome354.46M238.80M629.43M737.58M
OperatingExpense66.04M20.43M48.03M37.39M
OtherOperatingExpenses-4.74M-33.98M-8.79M-2.11M
ProvisionForDoubtfulAccounts629.00K
SellingGeneralAndAdministration70.78M54.41M56.83M39.50M
GeneralAndAdministrativeExpense70.78M54.41M56.83M39.50M
OtherGandA70.78M54.41M56.83M39.50M
GrossProfit420.50M259.24M677.46M774.97M
CostOfRevenue844.96M690.03M759.69M652.45M
TotalRevenue1.27B949.27M1.44B1.43B
OperatingRevenue1.27B949.27M1.44B1.43B
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber117.63M84.02M102.86M102.29M
ShareIssued117.63M84.02M102.86M102.29M
NetDebt831.22M991.68M824.83M638.97M
TotalDebt1.46B1.26B1.32B1.59B
TangibleBookValue2.48B1.66B2.02B2.08B
InvestedCapital3.74B2.88B3.11B3.17B
WorkingCapital259.16M95.03M219.54M392.13M
NetTangibleAssets2.48B1.66B2.02B2.08B
CapitalLeaseObligations199.76M45.76M228.22M500.73M
CommonStockEquity2.48B1.66B2.02B2.08B
TotalCapitalization3.52B2.63B2.95B3.01B
TotalEquityGrossMinorityInterest2.48B1.66B2.02B2.08B
StockholdersEquity2.48B1.66B2.02B2.08B
GainsLossesNotAffectingRetainedEarnings2.30M5.39M20.96M6.93M
OtherEquityAdjustments2.30M5.39M20.96M6.93M
TreasuryStock0.00
RetainedEarnings-605.57M-633.22M-648.72M-546.26M
AdditionalPaidInCapital3.08B2.29B2.65B2.62B
CapitalStock1.14M840.00K1.03M1.02M
CommonStock1.14M840.00K1.03M1.02M
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest1.60B1.37B1.41B1.67B
TotalNonCurrentLiabilitiesNetMinorityInterest1.20B1.01B1.13B1.38B
OtherNonCurrentLiabilities850.00K1.00M831.00K1.06M
DerivativeProductLiabilities0.00
LongTermDebtAndCapitalLeaseObligation1.20B1.01B1.13B1.38B
LongTermCapitalLeaseObligation168.81M37.78M202.90M450.30M
LongTermDebt1.04B970.04M928.00M932.55M
CurrentLiabilities399.81M359.36M282.56M290.80M
OtherCurrentLiabilities2.00M5.78M743.00K
CurrentDeferredLiabilities17.30M16.74M16.68M24.96M
CurrentDeferredRevenue17.30M16.74M16.68M24.96M
CurrentDebtAndCapitalLeaseObligation252.10M257.11M191.90M207.13M
CurrentCapitalLeaseObligation30.96M7.98M25.32M50.43M
CurrentDebt221.15M249.12M166.59M156.70M
OtherCurrentBorrowings221.15M249.12M166.59M156.70M
PayablesAndAccruedExpenses128.41M79.73M73.97M57.96M
CurrentAccruedExpenses62.61M31.30M33.73M30.75M
InterestPayable12.88M12.40M7.57M4.08M
Payables65.80M48.43M40.23M27.21M
DuetoRelatedPartiesCurrent14.21M9.04M7.84M5.31M
TotalTaxPayable0.0071.00K250.00K60.00K
IncomeTaxPayable0.0071.00K250.00K60.00K
AccountsPayable51.59M39.32M32.14M21.84M
TotalAssets4.09B3.03B3.43B3.75B
TotalNonCurrentAssets3.43B2.57B2.93B3.07B
OtherNonCurrentAssets4.95M2.02M2.02M2.02M
FinancialAssets330.00K2.53M8.67M6.91M
InvestmentsAndAdvances1.73M1.74M1.68M1.57M
NetPPE3.42B2.57B2.92B3.06B
AccumulatedDepreciation-1.04B-968.96M-962.13M-805.40M
GrossPPE4.46B3.54B3.88B3.87B
ConstructionInProgress27.53M0.00
BuildingsAndImprovements184.51M27.82M37.62M48.26M
CurrentAssets658.97M454.40M502.09M682.92M
OtherCurrentAssets43.60M22.83M14.91M15.22M
HedgingAssetsCurrent2.18M6.30M25.59M2.00M
AssetsHeldForSaleCurrent0.0015.19M0.00
RestrictedCash11.22M32.25M14.57M20.96M
PrepaidAssets28.66M
Inventory78.59M62.36M67.16M75.08M
Receivables98.33M87.98M110.11M119.38M
OtherReceivables18.94M19.30M25.67M28.66M
DuefromRelatedPartiesCurrent82.00K61.00K408.00K9.66M
AccountsReceivable79.30M68.62M84.03M81.06M
AllowanceForDoubtfulAccountsReceivable-308.00K-300.00K-677.00K-629.00K
GrossAccountsReceivable79.61M68.92M84.71M81.69M
CashCashEquivalentsAndShortTermInvestments425.07M227.48M269.75M450.29M
CashAndCashEquivalents425.07M227.48M269.75M450.29M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow416.06M317.69M744.50M636.92M
RepurchaseOfCapitalStock-25.30M-393.11M-20.07M-10.28M
RepaymentOfDebt-730.13M-492.57M-576.02M-593.18M
IssuanceOfDebt388.12M441.40M315.00M470.65M
IssuanceOfCapitalStock0.0013.16M19.79M0.00
CapitalExpenditure-55.09M-18.09M-25.40M-130.15M
InterestPaidSupplementalData87.52M56.02M49.60M49.66M
EndCashPosition440.88M261.75M286.34M473.27M
BeginningCashPosition261.75M286.34M473.27M195.53M
ChangesInCash179.13M-24.59M-186.93M277.74M
FinancingCashFlow-648.20M-595.89M-935.95M-368.07M
CashFlowFromContinuingFinancingActivities-648.20M-595.89M-935.95M-368.07M
NetOtherFinancingCharges-3.88M-6.73M-5.96M-5.02M
CashDividendsPaid-277.01M-158.05M-668.70M-230.24M
CommonStockDividendPaid-277.01M-158.05M-668.70M-230.24M
NetCommonStockIssuance-25.30M-379.94M-276.00K-10.28M
CommonStockPayments-25.30M-393.11M-20.07M-10.28M
CommonStockIssuance0.0013.16M19.79M0.00
NetIssuancePaymentsOfDebt-342.01M-51.16M-261.02M-122.53M
NetLongTermDebtIssuance-342.01M-51.16M-261.02M-122.53M
LongTermDebtPayments-730.13M-492.57M-576.02M-593.18M
LongTermDebtIssuance388.12M441.40M315.00M470.65M
InvestingCashFlow356.18M235.52M-20.87M-121.26M
CashFlowFromContinuingInvestingActivities356.18M235.52M-20.87M-121.26M
NetOtherInvestingChanges3.72M2.64M4.53M8.88M
NetBusinessPurchaseAndSale104.33M0.000.00
SaleOfBusiness104.33M0.000.00
NetPPEPurchaseAndSale248.14M232.88M-25.40M-130.15M
SaleOfPPE303.23M250.97M0.000.00
PurchaseOfPPE-55.09M-18.09M-25.40M-130.15M
OperatingCashFlow471.15M335.78M769.90M767.07M
CashFlowFromContinuingOperatingActivities471.15M335.78M769.90M767.07M
ChangeInWorkingCapital354.00K4.85M-8.50M-83.61M
ChangeInOtherWorkingCapital-3.65M54.00K-8.28M13.29M
ChangeInOtherCurrentLiabilities-16.39M-9.79M-10.64M0.00
ChangeInOtherCurrentAssets1.07M6.62M-91.00K500.00K
ChangeInPayablesAndAccruedExpense-4.92M5.90M18.13M1.83M
ChangeInAccruedExpense-3.47M-2.61M4.03M13.81M
ChangeInPayable-1.45M8.51M14.10M-11.98M
ChangeInAccountPayable-6.62M7.31M11.56M-8.04M
ChangeInPrepaidAssets-11.19M-6.83M-3.82M-19.01M
ChangeInInventory1.93M-5.85M-9.41M-27.78M
ChangeInReceivables33.51M14.74M5.61M-52.42M
ChangesInAccountReceivables33.60M14.40M-3.65M-43.60M
OtherNonCashItems20.88M-14.74M15.33M4.91M
StockBasedCompensation18.33M20.88M28.48M10.34M
ProvisionandWriteOffofAssets677.00K629.00K
AssetImpairmentCharge8.39M27.46M18.61M629.00K
DepreciationAmortizationDepletion164.06M138.43M156.73M152.64M
DepreciationAndAmortization164.06M138.43M156.73M152.64M
Depreciation164.06M138.43M156.73M152.64M
OperatingGainsLosses-45.51M-14.65M-6.76M1.63M
EarningsLossesFromEquityInvestments4.00K-60.00K-109.00K-120.00K
GainLossOnInvestmentSecurities-3.37M9.66M-2.58M-1.51M
GainLossOnSaleOfPPE-43.29M-29.40M0.000.00
NetIncomeFromContinuingOperations304.65M173.56M566.00M680.53M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for SBLK
Date User Asset Broker Type Position Size Entry Price Patterns