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

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Earnings data Q4 2022

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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.

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Star Bulk Carriers (SBLK) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.90 per share a year ago.

Star Bulk Carriers (SBLK) Beats Q4 Earnings and Revenue Estimates

ATHENS, Greece, Feb. 12, 2024 (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 2023. 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 $39.7 Million for the Fourth Quarter of 2023, and Declares Quarterly Dividend of $0.45 Per Share

Star Bulk (SBLK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Star Bulk (SBLK)

Star Bulk Carriers (SBLK) reachead $22.83 at the closing of the latest trading day, reflecting a +1.11% change compared to its last close.

Star Bulk Carriers (SBLK) Laps the Stock Market: Here's Why

ATHENS, Greece, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK) today announced that it will release its results for the fourth quarter and twelve months ended December 31, 2023 after the market closes in New York on Monday, February 12, 2024. Star Bulk's management team will host a conference call to discuss the Company's financial results on Tuesday, February 13, 2024 at 11:00 a.m. Eastern Time (ET).

Star Bulk Announces Date for the Release of Fourth Quarter and Twelve Months Ended December 31, 2023 Results, Conference Call and Webcast

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Star Bulk Carriers (SBLK) concluded the recent trading session at $21.74, signifying a +0.69% move from its prior day's close.

Star Bulk Carriers (SBLK) Advances While Market Declines: Some Information for Investors

Star Bulk is merging with Eagle Bulk Shipping, creating a company with 169 vessels, 97% of which will be equipped with scrubbers. Bulk carrier supply is constrained due to aging ships, low order books, and limited shipyard capacity. The Panama Canal plays a significant role in bulk carrier shipping, and the current drought will increase demand for longer voyages, benefiting larger ships like Star Bulk's Newcastlemax and Capesize vessels.

Star Bulk: Excellent Fleet, Attractive Value, And Macro Tailwinds

Shipping stocks were on the rise Tuesday despite Monday's ballistic missile attack on a U.S. -owned vessel in the Gulf of Aden.

Shipping stocks rise as latest Houthi attack thrusts dry bulk fleet into the spotlight

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Big gains on the horizon for shipping stocks in Red Sea conflict?

Star Bulk Carriers (NASDAQ: SBLK) stock price has moved sideways in the past few weeks as investors focus on the shipping industry. The shares were trading at $21 on Tuesday, a few points below last month's high of $21.90.

What's going on with the Star Bulk Carriers (SBLK) stock?

Star Bulk Carriers (SBLK) reachead $21.30 at the closing of the latest trading day, reflecting a +0.85% change compared to its last close.

Star Bulk Carriers (SBLK) Exceeds Market Returns: Some Facts to Consider

Shipping stocks are up on Monday after BP (NYSE: BP ) announced that it will no longer be using shipping routes that travel through the Red Sea. This announcement comes alongside increased attacks from Houthi in the region.

Why Are Shipping Stocks ZIM, GNK, EGLE, SBLK Up Today?

Eagle Bulk Shipping (NYSE: EGLE ) stock is on the rise Tuesday after the company announced a merger agreement with Star Bulk Carriers (NASDAQ: SBLK ). That deal will have holders of EGLE stock receive 2.6211 shares of of SBLK stock for each share that they own.

EGLE Stock Pops as Star Bulk Buys Eagle Bulk for $500 Million

SBLK's management offers promising FQ4'23 guidance, sustained fleet renewal, and a promising dry bulk outlook, implying its improved bottom line prospects over the next few quarters. Combined with its healthier balance sheet and robust profitability, we believe that the dry bulker remains well-positioned to pay out its attractive variable dividends ahead. The SBLK investment thesis remains robust, with the cyclical industry likely to benefit from the global economic recovery.

Star Bulk: Give Me Eagle's Ship And I Shall Move The Earth

Investors need to pay close attention to Star Bulk Carriers (SBLK) stock based on the movements in the options market lately.

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Star Bulk Carriers (SBLK) finishes the repurchase of 10 million shares of its common stock from Oaktree.

Star Bulk Carriers (SBLK) Wraps Up 10M Share Buyback Plan

ATHENS, Greece, Dec. 01, 2023 (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 on December 1, 2023, they closed the previously announced repurchase of 10 million of its common shares from Oaktree Shareholders (as defined below and such transaction, the “December Share Repurchase”). As a result of the closing of the December Share Repurchase, (i) the aggregate ownership of Oaktree Dry Bulk Holding LLC and its affiliated funds (collectively, the “Oaktree Shareholders”) in the Company was reduced from approximately 17.1% of the Company's outstanding common stock to approximately 7.2% and (ii) the number of directors that the Oaktree Shareholders are entitled to nominate pursuant to the shareholders agreement, dated as of July 11, 2014, among the Company and the Oaktree Shareholders, was reduced from two directors to one director. In connection with the closing of the December Share Repurchase, Katherine Ralph, one of the Oaktree Shareholders' nominated directors, resigned from the Company's Board of Directors (the “Board”) on December 1, 2023. The vacancy on the Board created by the resignation of Katherine Ralph will not be filled at this time.

Star Bulk Successfully Completes the Second Repurchase of 10 Million of Its Common Shares From Oaktree

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Star Bulk Carriers Corporation (NASDAQ:SBLK ) Q3 2023 Earnings Conference Call November 14, 2023 11:00 AM ET Company Participants Christos Begleris - Co-CFO Nicos Rescos - COO Charis Plakantonaki - CSO Petros Pappas - CEO Hamish Norton - President Simos Spyrou - Co-CFO Conference Call Participants Chris Robertson - Deutsche Bank Omar Nokta - Jefferies Ben Nolan - Stifel Nathan Ho - Bank of America Bendik Folden Nyttingnes - Clarksons Securities Operator Thank you for standing by, ladies and gentlemen, and welcome to the Star Bulk Carriers Conference Call on the Third Quarter 2023 financial results. We have with us Mr.

Star Bulk Carriers Corporation (SBLK) Q3 2023 Earnings Call Transcript

ATHENS, Greece, Nov. 13, 2023 (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 third quarter of 2023. 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 $43.7 Million for the Third Quarter of 2023, and Declares Quarterly Dividend of $0.22 Per Share

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Are Investors Undervaluing Star Bulk Carriers (SBLK) Right Now?

Star Bulk (SBLK) third-quarter 2023 earnings and revenues are likely to have surged year over year.

News for Star Bulk Carriers Stock (SBLK)