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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Star Bulk Carriers Corp. stock has underperformed the S&P 500 since March, despite being a leading dry bulk shipping company. I turned more cautious then, as I assessed sellers regained control. China's tepid economic performance in H1 justified a more cautious stance on dry bulk shipping stocks. However, a more robust recovery in the second half could turn the tide. I assess that Star Bulk Carriers' attractive valuation should attract value investors to return. Its buying sentiments have also improved, suggesting dip buyers have returned.

Star Bulk Carriers: Buy The Massive Drop Before It Turns

Last month, leading dry bulk shipper Star Bulk Carriers reported seasonally weak first quarter results but still managed to generate $83.2 million in cash flow from operations. The company declared a quarterly cash dividend of $0.35 which will be payable on June 27 to all shareholders of record as of June 7. Star Bulk Carriers continues to return substantial amounts of capital to shareholders with aggregate dividend distributions and share buybacks since 2021 eclipsing $1 billion.

Star Bulk Carriers: Industry Leader Trading At A Rare Discount To Net Asset Value - Buy

AP Moller - Maersk A/S

Genco Shipping & Trading

Global Ship Lease

Matson

Textainer Group Holdings Limited

Invest in the businesses that operate the massive vessels that make global trade possible.

Investing in Shipping Stocks

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Wall Street Bulls Look Optimistic About Star Bulk Carriers (SBLK): Should You Buy?

Petroleo Brasileiro

CVR Partners

In the investing world, top high-yielding dividend stocks can offer robust income streams, potentially acting as strong pillars for conservative investors looking to meet their financial milestones. However, the waters can get murky when you delve into the territory of dividend stocks yielding 20% or more.

3 Dividend Stocks Yielding 20% (or More!)

Ares Commercial Real Estate

Apollo Commercial Real Estate Finance

ARMOUR Residential REIT

BrightSpire Capital

Chevron

Federal Realty Investment Trust

FS Credit Opportunities Corp

Orchid Island Capital

Ready Capital Corp

Chicago Atlantic Real Estate Finance

Trinity Capital

V.F.

Prior to April 30, 2023 my readers mentioned 26 equities in recent comments on Arnold articles. Some bad-news investments (rogues) mixed with (mostly) favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated Top-Net-Gain ReFa/Ro: CVX, ACRE, RC, FRT, IMO, REFI, VFC, BRSP, SBLK, and PBR, averaged 44.3% net gains from reader data collected 5/17/23.

Readers Reveal 26 Ideal April-May Dividend Dogs

Star Bulk Carriers Corp. (NASDAQ:SBLK ) Q1 2023 Results Conference Call May 17, 2023 11:00 AM ET Company Participants Petros Pappas - CEO Hamish Norton - President Simos Spyrou - Co-CFO Christos Begleris - Co-CFO Nicos Rescos - COO Charis Plakantonaki - CSO Conference Call Participants Chris Robertson - Deutsche Bank Omar Nokta - Jefferies Ben Nolan - Stifel Operator Thank you for standing by, ladies and gentlemen, and welcome to the Star Bulk Carriers Conference Call on the First Quarter 2023 Financial Results. We have with us Mr.

Star Bulk Carriers Corp. (SBLK) Q1 2023 Earnings Call Transcript

Star Bulk Carriers (SBLK) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $1.72 per share a year ago.

Star Bulk Carriers (SBLK) Q1 Earnings and Revenues Top Estimates

ATHENS, Greece, May 16, 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 first 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 $45.9 Million For the First Quarter of 2023, Declares Quarterly Dividend of $0.35 per Share and Renews Share Repurchase Program of up to $50.0 Million

Kyndryl Holdings

Target

In Monday morning trading, the Dow Jones industrials were down 0.22%, the S&P 500 down 0.15% and the Nasdaq was 0.07% lower.

Earnings Previews: Kyndryl, Star Bulk Carriers, Target, TJX Companies

Star Bulk Carriers (SBLK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Star Bulk Carriers (SBLK) Q1 Earnings Expected to Decline

High fuel costs are likely to have dented Star Bulk's (SBLK) bottom-line performance in first-quarter 2023.

Star Bulk (SBLK) Gears Up for Q1 Earnings: What's in Store?

ATHENS, Greece, May 08, 2023 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. ( the “Company” or “Star Bulk”) (NASDAQ: SBLK) announced that the Company's Annual Meeting of Shareholders was duly held today in Cyprus pursuant to a Notice of Annual Meeting of Shareholders dated March 23, 2023 (“Notice”).

Star Bulk Announces Results of Its 2023 Annual Meeting of Shareholders

This time, I re-assign a Buy rating to SBLK stock for the 4th time. The previous 3 aged well as far as I see. The current cycle should allow Star Bulk to pay high yields for some time, and the current valuation is still quite attractive against the backdrop of pessimistic analyst forecasts.

Star Bulk Carriers: Too Cheap To Pass By

ATHENS, Greece, May 03, 2023 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the first quarter ended March 31, 2023, after the market closes in New York on Tuesday, May 16, 2023. Star Bulk's management team will host a conference call to discuss the Company's financial results on Wednesday, May 17, 2023 at 11:00 a.m. Eastern Time (ET).

Star Bulk Announces Date for the Release of First Quarter Ended March 31, 2023 Results, Conference Call and Webcast

Star Bulk: The Market Outlook, The Peers, And The Risks.

Star Bulk: The Market Outlook, The Peers, And The Risks

Advance Auto Parts

B2Gold

Enterprise Products Partners

Energy Transfer LP Unit

FTAI Aviation Ltd

Vici Properties

With the rate on a 6-month Treasury bill sitting at around 4.75%, it's a great time to be invested in cash. After all, as the saying goes, why fight the Fed?

7 Must-Buy Dividend Stocks for Your April Buy List

We believe SBLK may still report excellent profitability in FQ1'23, attributed to the excellent contracted TCE rate of $15.12K and break even rate of $12K. Combined with the optimistic 1Y market-wide TCE rate of up to $18.5K, we reckon its intermediate term prospects remain robust, significantly aided by its fuel spreads and IMO 2023.

Star Bulk Carriers: Probably More Profitable Than You Think

Investors in Star Bulk Carriers faced a grueling month as their hopes for SBLK's resurgence were dashed. Investors are likely bracing for more challenging times ahead that could further impact the global commodities market.

Star Bulk Carriers: Brace For More Pain

New York Community Bancorp

Pfizer

Philip Morris

Rio Tinto plc Sponsored

Investors should hold dividend stocks in their portfolios. In fact, in times of volatility, these are some of the safest stocks to own for healthy cash inflows, meaningful capital gains, and attractive valuations.

The 7 Best Dividend Stocks to Buy in March 2023

Star Bulk Carriers is a high quality dry bulk shipper in the stock exchange, in terms of its modernized fleet size, diversification and management team. While the share price is trading at $21.5, the Baltic Dry Index, trading at pandemic levels, implies a further drop in profitability.

Star Bulk Carriers: A Quality Holding But A Further Dividend Reduction Should Be Expected

Star Bulk Carriers Corp. (NASDAQ:SBLK ) Q4 2022 Results Conference Call February 17, 2023 11:00 AM ET Company Participants Petros Pappas - Chief Executive Officer Hamish Norton - President Simos Spyrou - Co-Chief Financial Officer Charis Plakantonaki - Co-Chief Financial Officers Nicos Rescos - Chief Operating Officer Christos Begleris - Chief Strategy Officer Conference Call Participants Chris Robertson - Deutsche Bank Omar Nokta - Jefferies Operator Thank you for standing by, ladies and gentlemen, and welcome to the Star Bulk Carriers Conference Call on the Fourth Quarter 2022 Financial Results. We have with us Mr.

Star Bulk Carriers Corp. (SBLK) Q4 2022 Earnings Call Transcript

ATHENS, Greece, Feb. 16, 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 fourth quarter of 2022. 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 $85.8 Million for the Fourth Quarter of 2022 and Declares Quarterly Dividend of $0.60 Per Share

Star Bulk's highly anticipated FQ4 earnings release drops on February 16th. Despite faltering freight rates, SBLK has outperformed the S&P 500 since our November article - a testament to the market's forward-looking perspective.

Star Bulk Carriers: Destruction Already Over

Star Bulk Carriers enjoyed immensely profitable times during 2021 and early 2022, although as the latter year progressed, their booming operating conditions faded. They have seemingly continued sliding thus far into 2023, with the Baltic Dry Index at the lowest point since the severe downturn of 2020.

News for Star Bulk Carriers Stock (SBLK)