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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When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Brokers Suggest Investing in Star Bulk Carriers (SBLK): Read This Before Placing a Bet

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WILYY, VCTR and SBLK made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 26, 2023.

Best Momentum Stocks to Buy for March 26th

If you are looking for stocks that are well positioned to maintain their recent uptrend, Star Bulk Carriers (SBLK) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Star Bulk Carriers (SBLK) Is a Great Choice for 'Trend' Investors, Here's Why

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SBLK, F and BSVN made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 26, 2023.

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SBLK, BSVN and TSCDY made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 26, 2023.

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I expect the bulk carriers market to remain strong with a growing demand for iron ore, bauxite, and coal. SBLK is a great way to play that theme. SBLK owns 122 vessels and an average fleet age of 10.5 years. The company maintains the lowest daily OPEX compared to its peers. In 4Q23 the company achieved a composite $18,296/day TCE. It is lower by 6.6% than 4Q22, although it is 15% higher than the FY23 average TCE.

Star Bulk: Still A Great Way To Bet On A Robust Dry Bulk Market

ATHENS, Greece, March 04, 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 announced that, effective immediately, COMPUTERSHARE TRUST COMPANY, N.A. (“COMPUTERSHARE”) is appointed as the Company's Sole Transfer Agent and Registrar of its shares trading under ticker symbol SBLK on NASDAQ.

Star Bulk Carriers Corp. Announces Change Of Transfer Agent And Registrar

Here's Why Momentum in Star Bulk Carriers (SBLK) Should Keep going

Eagle Bulk Shipping

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Eagle Bulk Shipping Inc. (NYSE: EGLE) to Star Bulk Carriers Corp. (NasdaqGS: SBLK). Under the terms of the proposed transaction, shareholders of Eagle will receive 2.6211 shares of Star Bulk for each share of Eagle that they own. KSF is seeking to determine whether this consideration and the process that led t.

EAGLE BULK SHIPPING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Eagle Bulk Shipping Inc. - EGLE

Dry bulk rates surged in 2021 and early 2022, benefiting shipping companies like Star Bulk Carriers Corp. Star Bulk's earnings declined in Q4 '23, with a decrease in revenue, net income, and adjusted EPS. Star Bulk announced a merger with Eagle Bulk Shipping, aiming to create a global leader in dry bulk shipping.

Star Bulk Carriers: 8% Yield, Outperforming In 2024

Star Bulk Carriers reported Q4 financial results with adjusted EPS of $0.73 and an average time charter equivalent rate of $18,296 per day per vessel. SBLK paid a dividend of $0.45 per share, a significant increase from the previous quarter. The merger deal with Eagle Bulk is expected to be completed in April 2024, with SBLK shareholders owning about 71% of the company's common stock.

Star Bulk Carriers Ended FY 2023 On A High Note

Star Bulk Carriers Corp. (SBLK) Q4 2023 Earnings Call Transcript

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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Just as investors thought inflation was easing, conflict in the Middle East and drought in Latin America may combine to push shipping rates higher for companies like ZIM Integrated Shipping Services Ltd. NYSE: ZIM, Star Bulk Carriers Corp. NASDAQ: SBLK, Golden Ocean Group Ltd.

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.

News for Star Bulk Carriers Stock (SBLK)