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

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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.

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Let's see if Star Bulk (SBLK) stock is a good choice for value-oriented investors right now from multiple angles.

Should Value Investors Consider Star Bulk (SBLK) Stock Now?

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Is Star Bulk Carriers (SBLK) a Great Value Stock Right Now?

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Star Bulk Carriers (SBLK) CEO Petros Pappas on Q2 2021 Results - Earnings Call Transcript

Star Bulk Carriers Corp. (NASDAQ: SBLK) reported second-quarter voyage revenue growth of 113.1% year-over-year to $311.41 million, beating the consensus of $296.110 million. Adjusted EPS improved to $1.26 from $(0.19) in 2Q20, beating consensus of $1.25.

Star Bulk Carriers Stock Gains On Q2 Earnings Beat, Declares Dividend, Plans $50M Share Repurchase

Star Bulk Carriers (SBLK) delivered earnings and revenue surprises of -12.50% and -11.91%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Star Bulk Carriers (SBLK) Q2 Earnings and Revenues Miss Estimates

ATHENS, Greece, Aug. 05, 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 second 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 $124.2 Million for the Second Quarter of 2021; Declares Quarterly Dividend of $0.70 per Share and Announces Share Repurchase Program of Up to $50.0 Million

Star Bulk's (SBLK) Q2 performance is expected to have benefited from improved demand across all key dry bulk commodities amid an anticipated increase in vessel operating expenses.

What's in the Offing for Star Bulk (SBLK) in Q2 Earnings?

In the latest trading session, Star Bulk Carriers (SBLK) closed at $19.03, marking a -1.7% move from the previous day.

Star Bulk Carriers (SBLK) Dips More Than Broader Markets: What You Should Know

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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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%.

News for Star Bulk Carriers Stock (SBLK)