Star Bulk Carriers Key Executives
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Star Bulk Carriers Earnings
This section highlights Star Bulk Carriers's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-19 | N/A | N/A |
| Read Transcript | Q3 | 2024 | 2024-11-20 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-08-08 | N/A | N/A |
| Read Transcript | Q1 | 2024 | 2024-05-23 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2024-02-13 | N/A | N/A |
| Read Transcript | Q3 | 2023 | 2023-11-14 | N/A | N/A |
| Read Transcript | Q2 | 2023 | 2023-08-04 | N/A | N/A |
| Read Transcript | Q1 | 2023 | 2023-05-17 | N/A | N/A |
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company's vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products. As of December 31, 2021, it had a fleet of 128 vessels with an aggregate capacity of approximately 14.1 million deadweight tons, including 17 Newcastlemax, 24 Capesize, 7 Post Panamax, 41 Kamsarmax, 2 Panamax, 20 Ultramax, and 17 Supramax vessels. The company also provides vessel management services. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.
$15.58
Stock Price
$1.82B
Market Cap
301
Employees
Marousi, None
Location
Financial Statements
Access annual & quarterly financial statements for Star Bulk Carriers, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $1.27B | $949.27M | $1.44B | $1.43B | $693.24M |
| Cost of Revenue | $844.96M | $554.52M | $759.69M | $652.45M | $594.87M |
| Gross Profit | $420.50M | $394.75M | $677.46M | $774.97M | $98.37M |
| Gross Profit Ratio | 33.23% | 41.60% | 47.14% | 54.30% | 14.19% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $70.78M | $53.84M | $56.83M | $39.50M | $31.88M |
| Selling and Marketing Expenses | $- | $874.00K | $- | $- | $- |
| Selling General and Administrative Expenses | $70.78M | $54.71M | $56.83M | $39.50M | $31.88M |
| Other Expenses | $-33.27M | $101.58M | $-6.41M | $-1.48M | $-3.23M |
| Operating Expenses | $37.50M | $156.29M | $50.41M | $38.02M | $28.65M |
| Cost and Expenses | $882.46M | $710.81M | $810.10M | $690.47M | $623.52M |
| Interest Income | $945.00K | $31.77M | $7.05M | $315.00K | $267.00K |
| Interest Expense | $92.77M | $87.86M | $52.58M | $47.80M | $69.56M |
| Depreciation and Amortization | $164.06M | $138.43M | $156.73M | $152.45M | $141.11M |
| EBITDA | $560.42M | $405.21M | $785.49M | $888.91M | $211.30M |
| EBITDA Ratio | 44.29% | 42.69% | 44.13% | 61.61% | 9.88% |
| Operating Income | $383.00M | $238.46M | $466.84M | $739.40M | $-73.82M |
| Operating Income Ratio | 30.27% | 25.12% | 32.48% | 51.80% | -10.65% |
| Total Other Income Expenses Net | $-78.45M | $-64.78M | $-41.46M | $-58.98M | $8.26M |
| Income Before Tax | $304.54M | $173.68M | $566.24M | $680.43M | $9.78M |
| Income Before Tax Ratio | 24.07% | 18.30% | 39.40% | 47.67% | 1.41% |
| Income Tax Expense | $116.00K | $183.00K | $244.00K | $16.00K | $152.00K |
| Net Income | $304.65M | $173.56M | $566.00M | $680.53M | $9.66M |
| Net Income Ratio | 24.07% | 18.28% | 39.38% | 47.68% | 1.39% |
| EPS | $2.85 | $1.76 | $5.54 | $6.73 | $0.10 |
| EPS Diluted | $2.80 | $1.75 | $5.52 | $6.71 | $0.10 |
| Weighted Average Shares Outstanding | 106.88M | 98.46M | 102.15M | 101.18M | 96.13M |
| Weighted Average Shares Outstanding Diluted | 108.70M | 98.93M | 102.54M | 101.48M | 96.28M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $308.92M | $344.28M | $352.88M | $259.39M | $263.46M | $223.09M | $238.69M | $224.03M | $294.80M | $364.14M | $417.33M | $360.88M | $729.52M | $415.69M | $311.41M | $200.47M | $186.02M | $200.22M | $146.13M | $160.86M |
| Cost of Revenue | $234.80M | $230.43M | $216.82M | $154.20M | $170.84M | $167.92M | $170.82M | $179.38M | $193.12M | $226.46M | $188.11M | $166.91M | $129.69M | $164.07M | $160.08M | $143.44M | $134.33M | $146.16M | $154.99M | $159.41M |
| Gross Profit | $74.11M | $113.84M | $136.05M | $105.19M | $92.62M | $55.17M | $67.87M | $44.66M | $101.69M | $137.68M | $229.22M | $193.97M | $599.83M | $251.62M | $151.33M | $57.03M | $51.70M | $54.07M | $-8.85M | $1.46M |
| Gross Profit Ratio | 23.99% | 33.10% | 38.60% | 40.60% | 35.20% | 24.70% | 28.40% | 19.90% | 34.50% | 37.80% | 54.90% | 53.70% | 82.20% | 60.50% | 48.60% | 28.40% | 27.79% | 27.00% | -6.06% | 0.91% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $18.99M | $21.62M | $19.48M | $10.70M | $16.37M | $13.64M | $11.01M | $11.66M | $12.55M | $18.37M | $17.15M | $8.77M | $14.50M | $12.77M | $10.13M | $7.30M | $7.57M | $9.32M | $8.96M | $6.03M |
| Selling and Marketing Expenses | $- | $- | $4.29M | $4.40M | $5.79M | $- | $- | $- | $- | $- | $- | $- | $- | $5.33M | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $18.99M | $21.62M | $23.77M | $15.10M | $22.16M | $13.64M | $11.01M | $11.66M | $12.55M | $18.37M | $17.15M | $8.77M | $14.50M | $18.10M | $10.13M | $7.30M | $7.57M | $9.32M | $8.96M | $6.03M |
| Other Expenses | $-7.10M | $-6.71M | $28.37M | $-181.00K | $-13.89M | $-283.00K | $-2.58M | $-33.23M | $-585.00K | $-288.00K | $-1.68M | $347.00K | $170.68M | $- | $-1.52M | $323.00K | $-587.00K | $-316.00K | $382.00K | $-426.00K |
| Operating Expenses | $11.89M | $14.90M | $23.77M | $15.10M | $36.05M | $13.50M | $10.74M | $-21.57M | $11.96M | $13.58M | $15.47M | $9.11M | $185.18M | $18.10M | $8.61M | $7.62M | $6.88M | $7.43M | $9.34M | $5.61M |
| Cost and Expenses | $246.69M | $245.34M | $225.42M | $169.30M | $206.89M | $181.42M | $181.56M | $157.81M | $205.08M | $240.04M | $203.58M | $176.02M | $-26.56M | $182.17M | $168.69M | $151.06M | $141.21M | $153.59M | $164.32M | $165.01M |
| Interest Income | $68.00K | $7.06M | $3.58M | $2.53M | $19.60M | $3.67M | $3.44M | $3.15M | $6.82M | $168.00K | $- | $261.00K | $- | $13.81M | $468.00K | $1.75M | $270.00K | $- | $- | $447.00K |
| Interest Expense | $21.38M | $24.40M | $25.98M | $20.70M | $21.53M | $18.06M | $16.03M | $21.58M | $14.82M | $13.45M | $11.67M | $10.05M | $11.38M | $- | $12.18M | $11.85M | $15.43M | $16.18M | $17.12M | $18.17M |
| Depreciation and Amortization | $44.03M | $44.48M | $43.55M | $31.99M | $33.88M | $34.47M | $35.01M | $35.07M | $39.71M | $39.55M | $39.01M | $38.46M | $39.19M | $39.11M | $38.10M | $36.23M | $35.28M | $30.57M | $35.32M | $34.64M |
| EBITDA | $107.84M | $150.13M | $155.23M | $123.51M | $96.81M | $101.93M | $89.56M | $69.94M | $140.53M | $160.67M | $248.96M | $226.12M | $352.13M | $273.19M | $182.77M | $86.41M | $79.48M | $75.18M | $8.98M | $55.59M |
| EBITDA Ratio | 34.91% | 43.61% | 43.99% | 47.06% | 34.33% | 36.75% | 41.17% | 47.16% | 32.75% | 44.91% | 60.14% | 61.50% | 54.60% | 65.59% | 56.80% | 42.52% | 23.92% | 23.13% | 9.89% | 17.74% |
| Operating Income | $62.23M | $98.94M | $127.46M | $90.09M | $56.57M | $62.42M | $57.42M | $59.38M | $88.79M | $124.13M | $212.44M | $182.24M | $-232.37M | $233.52M | $141.71M | $48.42M | $44.45M | $43.24M | $-26.25M | $23.43M |
| Operating Income Ratio | 20.14% | 28.74% | 36.12% | 34.73% | 21.47% | 27.98% | 24.06% | 26.50% | 30.12% | 34.09% | 50.90% | 50.50% | -31.85% | 56.18% | 45.51% | 24.16% | 23.89% | 21.60% | -17.96% | 14.57% |
| Total Other Income Expenses Net | $-19.74M | $-17.69M | $-21.43M | $-19.60M | $-19.57M | $-18.68M | $-13.19M | $-13.34M | $-2.79M | $-14.43M | $-12.30M | $-11.82M | $-13.71M | $-13.27M | $-17.46M | $-12.69M | $-16.56M | $-19.97M | $-17.92M | $-20.65M |
| Income Before Tax | $42.49M | $81.25M | $106.03M | $74.78M | $39.66M | $43.75M | $44.23M | $46.03M | $86.00M | $109.58M | $200.14M | $170.42M | $492.56M | $220.25M | $124.25M | $35.73M | $27.88M | $23.27M | $-44.16M | $2.79M |
| Income Before Tax Ratio | 13.75% | 23.60% | 30.05% | 28.83% | 15.06% | 19.61% | 18.53% | 20.55% | 29.17% | 30.09% | 47.96% | 47.22% | 67.52% | 52.98% | 39.90% | 17.83% | 14.99% | 11.62% | -30.22% | 1.73% |
| Income Tax Expense | $- | $-25.00K | $-10.00K | $-106.00K | $2.00K | $78.00K | $15.94M | $103.00K | $200.00K | $7.00K | $168.00K | $37.00K | $-4.01M | $16.00K | $2.40M | $1.40M | $111.00K | $14.00K | $-16.00K | $43.00K |
| Net Income | $42.45M | $81.27M | $106.08M | $74.86M | $39.71M | $43.66M | $44.32M | $45.88M | $85.80M | $109.69M | $200.15M | $170.36M | $492.78M | $220.41M | $124.21M | $35.76M | $27.77M | $23.25M | $-44.12M | $2.75M |
| Net Income Ratio | 13.74% | 23.61% | 30.06% | 28.86% | 15.07% | 19.57% | 18.57% | 20.48% | 29.10% | 30.12% | 47.96% | 47.21% | 67.55% | 53.02% | 39.89% | 17.84% | 14.93% | 11.61% | -30.19% | 1.71% |
| EPS | $0.36 | $0.70 | $0.97 | $0.89 | $0.46 | $0.46 | $0.43 | $0.45 | $0.84 | $1.08 | $1.96 | $1.67 | $4.93 | $2.16 | $1.26 | $0.36 | $0.29 | $0.24 | $-0.46 | $0.03 |
| EPS Diluted | $0.36 | $0.69 | $0.92 | $0.89 | $0.45 | $0.45 | $0.43 | $0.44 | $0.84 | $1.07 | $1.96 | $1.67 | $4.92 | $2.15 | $1.26 | $0.36 | $0.29 | $0.24 | $-0.46 | $0.03 |
| Weighted Average Shares Outstanding | 117.59M | 116.63M | 109.51M | 83.84M | 86.66M | 95.66M | 102.67M | 102.97M | 102.47M | 101.95M | 102.07M | 101.98M | 99.95M | 102.15M | 98.71M | 98.71M | 96.75M | 96.21M | 95.80M | 95.80M |
| Weighted Average Shares Outstanding Diluted | 118.32M | 117.09M | 115.26M | 84.18M | 87.36M | 96.14M | 102.96M | 103.38M | 102.72M | 102.54M | 102.26M | 102.26M | 100.10M | 102.53M | 98.71M | 99.02M | 96.98M | 96.37M | 95.80M | 95.92M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $425.07M | $227.48M | $284.32M | $450.29M | $190.51M |
| Short Term Investments | $2.86M | $2.02M | $21.71M | $549.00K | $- |
| Cash and Short Term Investments | $436.28M | $259.73M | $284.32M | $450.29M | $190.51M |
| Net Receivables | $- | $68.62M | $84.44M | $119.38M | $56.62M |
| Inventory | $- | $62.36M | $67.16M | $75.08M | $47.29M |
| Other Current Assets | $222.69M | $59.41M | $80.73M | $38.18M | $38.82M |
| Total Current Assets | $658.97M | $450.12M | $502.09M | $682.92M | $307.41M |
| Property Plant Equipment Net | $3.24B | $2.57B | $2.88B | $3.06B | $2.88B |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- |
| Long Term Investments | $1.73M | $4.27M | $1.68M | $1.57M | $1.32M |
| Tax Assets | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $189.79M | $6.30M | $48.30M | $8.93M | $5.94M |
| Total Non-Current Assets | $3.43B | $2.58B | $2.93B | $3.07B | $2.88B |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $4.09B | $3.03B | $3.43B | $3.75B | $3.19B |
| Account Payables | $51.59M | $39.32M | $32.14M | $21.84M | $32.85M |
| Short Term Debt | $252.10M | $257.11M | $191.90M | $207.13M | $189.77M |
| Tax Payables | $- | $71.00K | $250.00K | $60.00K | $134.00K |
| Deferred Revenue | $17.30M | $16.74M | $16.68M | $24.96M | $11.68M |
| Other Current Liabilities | $78.82M | $46.13M | $49.67M | $36.80M | $32.00M |
| Total Current Liabilities | $399.81M | $359.36M | $282.56M | $290.80M | $266.43M |
| Long Term Debt | $1.20B | $1.01B | $1.13B | $1.38B | $1.37B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $850.00K | $1.00M | $831.00K | $1.06M | $2.33M |
| Total Non-Current Liabilities | $1.20B | $1.01B | $1.13B | $1.38B | $1.38B |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $1.60B | $1.37B | $1.41B | $1.67B | $1.64B |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $- | $840.00K | $1.03M | $1.02M | $971.00K |
| Retained Earnings | $- | $-633.22M | $-648.72M | $-546.26M | $-996.31M |
| Accumulated Other Comprehensive Income Loss | $- | $5.39M | $20.96M | $6.93M | $-3.99M |
| Other Total Stockholders Equity | $2.48B | $2.29B | $2.65B | $2.62B | $2.55B |
| Total Stockholders Equity | $2.48B | $1.66B | $2.02B | $2.08B | $1.55B |
| Total Equity | $2.48B | $1.66B | $2.02B | $2.08B | $1.55B |
| Total Liabilities and Stockholders Equity | $4.09B | $3.03B | $3.43B | $3.75B | $3.19B |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $4.09B | $3.03B | $3.43B | $3.75B | $3.19B |
| Total Investments | $4.60M | $6.29M | $1.68M | $1.57M | $1.32M |
| Total Debt | $1.46B | $1.26B | $1.29B | $1.59B | $1.56B |
| Net Debt | $1.03B | $1.04B | $1.00B | $1.14B | $1.37B |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $425.07M | $453.56M | $480.93M | $266.52M | $259.73M | $287.91M | $285.25M | $234.50M | $284.32M | $390.69M | $335.77M | $424.12M | $471.25M | $369.65M | $225.47M | $189.13M | $190.51M | $219.12M | $77.51M | $130.28M |
| Short Term Investments | $2.86M | $- | $3.88M | $4.86M | $6.04M | $9.22M | $12.16M | $17.19M | $21.71M | $- | $35.23M | $8.68M | $549.00K | $- | $335.00K | $156.00K | $- | $- | $- | $- |
| Cash and Short Term Investments | $436.28M | $453.56M | $480.93M | $266.52M | $259.73M | $287.91M | $285.25M | $234.50M | $284.32M | $390.69M | $371.00M | $424.12M | $471.25M | $369.65M | $225.47M | $189.13M | $190.51M | $219.12M | $77.51M | $130.28M |
| Net Receivables | $- | $103.81M | $109.92M | $90.05M | $87.98M | $84.57M | $60.07M | $69.79M | $84.03M | $- | $118.14M | $113.41M | $90.69M | $- | $87.37M | $64.15M | $56.62M | $- | $47.32M | $- |
| Inventory | $- | $80.03M | $81.66M | $56.82M | $62.36M | $75.04M | $65.02M | $66.45M | $67.16M | $- | $97.66M | $84.01M | $75.08M | $- | $62.44M | $60.07M | $47.29M | $- | $47.17M | $- |
| Other Current Assets | $222.69M | $63.40M | $68.12M | $28.66M | $40.05M | $55.47M | $64.65M | $121.76M | $81.14M | $226.33M | $52.00M | $60.27M | $75.95M | $175.22M | $46.62M | $48.27M | $38.82M | $123.74M | $66.64M | $167.13M |
| Total Current Assets | $658.97M | $700.81M | $722.04M | $442.06M | $450.12M | $495.46M | $487.15M | $509.69M | $502.09M | $617.02M | $631.54M | $663.90M | $682.92M | $544.87M | $400.43M | $340.94M | $307.41M | $342.87M | $223.54M | $297.42M |
| Property Plant Equipment Net | $3.24B | $3.45B | $3.51B | $2.57B | $2.57B | $2.67B | $2.79B | $2.85B | $2.88B | $2.92B | $2.99B | $3.03B | $3.06B | $3.04B | $3.08B | $3.04B | $2.88B | $2.91B | $2.94B | $2.97B |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $1.73M | $1.77M | $7.80M | $5.81M | $6.29M | $1.69M | $1.71M | $1.62M | $1.68M | $2.02M | $1.56M | $1.55M | $10.50M | $2.02M | $1.43M | $1.48M | $1.32M | $- | $1.32M | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $189.79M | $5.59M | $1.12M | $4.28M | $4.28M | $6.86M | $7.34M | $7.75M | $48.30M | $54.20M | $14.40M | $17.06M | $- | $5.52M | $8.48M | $19.61M | $5.94M | $5.42M | $1.15M | $3.67M |
| Total Non-Current Assets | $3.43B | $3.46B | $3.52B | $2.58B | $2.58B | $2.68B | $2.80B | $2.86B | $2.93B | $2.97B | $3.01B | $3.05B | $3.07B | $3.05B | $3.09B | $3.06B | $2.88B | $2.92B | $2.94B | $2.97B |
| Other Assets | $- | $- | $- | $- | $- | $636.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $0 | $- | $- | $- | $- |
| Total Assets | $4.09B | $4.16B | $4.24B | $3.02B | $3.03B | $3.17B | $3.29B | $3.37B | $3.43B | $3.59B | $3.64B | $3.71B | $3.75B | $3.60B | $3.49B | $3.40B | $3.19B | $3.26B | $3.17B | $3.27B |
| Account Payables | $51.59M | $61.36M | $49.87M | $45.05M | $39.32M | $67.28M | $36.79M | $32.65M | $32.14M | $- | $33.10M | $40.70M | $23.10M | $- | $33.44M | $42.36M | $32.85M | $- | $43.27M | $- |
| Short Term Debt | $252.10M | $247.90M | $319.87M | $196.24M | $257.11M | $172.82M | $225.73M | $212.90M | $191.90M | $185.96M | $191.05M | $205.83M | $207.13M | $204.33M | $258.09M | $209.01M | $189.77M | $220.17M | $221.58M | $231.52M |
| Tax Payables | $- | $- | $- | $- | $71.00K | $- | $- | $- | $250.00K | $- | $- | $- | $60.00K | $- | $- | $- | $134.00K | $- | $- | $- |
| Deferred Revenue | $17.30M | $20.79M | $21.67M | $14.00M | $16.74M | $8.73M | $17.84M | $15.10M | $16.68M | $- | $28.25M | $15.82M | $24.96M | $- | $21.27M | $14.45M | $11.68M | $- | $11.15M | $- |
| Other Current Liabilities | $78.82M | $83.45M | $85.79M | $56.08M | $46.13M | $94.79M | $64.77M | $50.17M | $49.67M | $108.36M | $71.07M | $65.26M | $35.54M | $96.11M | $43.26M | $59.74M | $32.00M | $99.75M | $59.67M | $134.60M |
| Total Current Liabilities | $399.81M | $413.49M | $477.21M | $311.38M | $359.36M | $343.62M | $329.47M | $310.82M | $282.56M | $294.32M | $304.87M | $311.79M | $290.80M | $300.44M | $356.05M | $311.12M | $266.43M | $319.92M | $324.52M | $366.11M |
| Long Term Debt | $1.20B | $1.23B | $1.30B | $1.01B | $1.01B | $886.39M | $961.79M | $1.07B | $1.13B | $1.23B | $1.23B | $1.33B | $1.38B | $1.38B | $1.38B | $1.43B | $1.37B | $1.41B | $1.35B | $1.36B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $850.00K | $937.00K | $1.02M | $997.00K | $1.00M | $129.36M | $907.00K | $873.00K | $831.00K | $- | $735.00K | $944.00K | $1.06M | $1.72M | $1.07M | $964.00K | $2.33M | $6.75M | $2.59M | $5.67M |
| Total Non-Current Liabilities | $1.20B | $1.23B | $1.30B | $1.01B | $1.01B | $1.02B | $962.70M | $1.07B | $1.13B | $1.23B | $1.23B | $1.33B | $1.38B | $1.39B | $1.38B | $1.44B | $1.38B | $1.42B | $1.35B | $1.36B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $0 | $- | $- | $- | $- |
| Total Liabilities | $1.60B | $1.65B | $1.78B | $1.32B | $1.37B | $1.36B | $1.29B | $1.38B | $1.41B | $1.53B | $1.53B | $1.64B | $1.67B | $1.69B | $1.73B | $1.75B | $1.64B | $1.74B | $1.67B | $1.73B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $- | $1.18M | $1.13M | $844.00K | $840.00K | $1.03M | $1.03M | $1.03M | $1.03M | $2.06B | $1.03M | $1.02M | $1.02M | $1.91B | $1.02M | $1.02M | $971.00K | $1.52B | $961.00K | $1.54B |
| Retained Earnings | $- | $-577.20M | $-575.12M | $-596.37M | $-633.22M | $-654.43M | $-656.72M | $-664.90M | $-648.72M | $- | $-550.76M | $-580.46M | $-546.26M | $- | $-867.01M | $-960.55M | $-996.31M | $- | $-1.05B | $- |
| Accumulated Other Comprehensive Income Loss | $- | $2.84M | $4.64M | $5.34M | $5.39M | $5.36M | $10.05M | $13.88M | $20.96M | $- | $25.58M | $23.54M | $6.93M | $- | $1.69M | $1.87M | $-3.99M | $- | $-5.28M | $3.08B |
| Other Total Stockholders Equity | $2.48B | $3.08B | $3.03B | $2.29B | $2.29B | $2.46B | $2.64B | $2.64B | $2.65B | $- | $2.63B | $2.62B | $2.62B | $- | $2.62B | $2.61B | $2.55B | $- | $2.55B | $-3.08B |
| Total Stockholders Equity | $2.48B | $2.51B | $2.46B | $1.70B | $1.66B | $1.81B | $1.99B | $1.99B | $2.02B | $2.06B | $2.11B | $2.07B | $2.08B | $1.91B | $1.76B | $1.65B | $1.55B | $1.52B | $1.49B | $1.54B |
| Total Equity | $2.48B | $2.51B | $2.46B | $1.70B | $1.66B | $1.81B | $1.99B | $1.99B | $2.02B | $2.06B | $2.11B | $2.07B | $2.08B | $1.91B | $1.76B | $1.65B | $1.55B | $1.52B | $1.49B | $1.54B |
| Total Liabilities and Stockholders Equity | $4.09B | $4.16B | $4.24B | $3.02B | $3.03B | $3.17B | $3.29B | $3.37B | $3.43B | $3.59B | $3.64B | $3.71B | $3.75B | $3.60B | $3.49B | $3.40B | $3.19B | $3.26B | $3.17B | $3.27B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $4.09B | $4.16B | $4.24B | $3.02B | $3.03B | $3.17B | $3.29B | $3.37B | $3.43B | $3.59B | $3.64B | $3.71B | $3.75B | $3.60B | $3.49B | $3.40B | $3.19B | $3.26B | $3.17B | $3.27B |
| Total Investments | $4.60M | $1.77M | $7.80M | $5.81M | $6.29M | $1.69M | $1.71M | $1.62M | $1.68M | $2.02M | $36.78M | $1.55M | $10.50M | $2.02M | $1.43M | $1.48M | $1.32M | $- | $1.32M | $- |
| Total Debt | $1.46B | $1.48B | $1.62B | $1.21B | $1.26B | $1.06B | $1.19B | $1.28B | $1.29B | $1.38B | $1.42B | $1.54B | $1.59B | $1.59B | $1.63B | $1.64B | $1.56B | $1.63B | $1.56B | $1.59B |
| Net Debt | $1.03B | $1.03B | $1.14B | $939.94M | $1.01B | $771.30M | $902.27M | $1.05B | $1.00B | $988.00M | $1.08B | $1.11B | $1.12B | $1.22B | $1.41B | $1.45B | $1.37B | $1.41B | $1.48B | $1.46B |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $304.65M | $173.56M | $566.00M | $680.53M | $9.66M |
| Depreciation and Amortization | $164.06M | $138.43M | $167.37M | $152.64M | $142.29M |
| Deferred Income Tax | $- | $- | $- | $2.26M | $3.97M |
| Stock Based Compensation | $- | $20.88M | $28.48M | $10.34M | $4.62M |
| Change in Working Capital | $354.00K | $4.85M | $-8.50M | $-83.61M | $5.26M |
| Accounts Receivables | $- | $7.91M | $-3.65M | $-43.60M | $20.32M |
| Inventory | $- | $-5.85M | $-9.41M | $-27.78M | $3.86M |
| Accounts Payables | $- | $7.31M | $11.56M | $-8.04M | $-3.05M |
| Other Working Capital | $354.00K | $-4.52M | $-7.00M | $-4.18M | $-15.87M |
| Other Non Cash Items | $-1.69M | $-1.93M | $16.55M | $4.91M | $4.75M |
| Net Cash Provided by Operating Activities | $467.38M | $335.78M | $769.90M | $767.07M | $170.55M |
| Investments in Property Plant and Equipment | $-55.09M | $-18.09M | $-25.40M | $-130.15M | $-72.06M |
| Acquisitions Net | $303.23M | $250.97M | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- |
| Other Investing Activities | $108.04M | $2.64M | $4.53M | $8.88M | $5.72M |
| Net Cash Used for Investing Activities | $356.18M | $235.52M | $-20.87M | $-121.26M | $-66.33M |
| Debt Repayment | $-342.01M | $-51.16M | $-261.02M | $-122.53M | $-21.12M |
| Common Stock Issued | $-96.00K | $13.16M | $19.79M | $- | $- |
| Common Stock Repurchased | $-25.30M | $-393.11M | $-20.07M | $-10.28M | $- |
| Dividends Paid | $-277.01M | $-158.05M | $-668.70M | $-230.24M | $-4.80M |
| Other Financing Activities | $- | $-6.73M | $-5.96M | $-5.02M | $-9.03M |
| Net Cash Used Provided by Financing Activities | $-644.42M | $-595.89M | $-935.95M | $-368.07M | $-34.95M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $179.13M | $-24.59M | $-186.93M | $277.74M | $69.27M |
| Cash at End of Period | $440.88M | $259.73M | $286.34M | $473.27M | $195.53M |
| Cash at Beginning of Period | $261.75M | $284.32M | $473.27M | $195.53M | $126.26M |
| Operating Cash Flow | $467.38M | $335.78M | $769.90M | $767.07M | $170.55M |
| Capital Expenditure | $-55.09M | $-18.09M | $-25.40M | $-130.15M | $-72.06M |
| Free Cash Flow | $412.28M | $317.69M | $744.50M | $636.92M | $98.49M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $42.45M | $81.27M | $106.08M | $74.86M | $39.71M | $43.66M | $44.32M | $45.88M | $85.80M | $109.69M | $200.15M | $170.36M | $300.15M | $220.41M | $124.21M | $35.76M | $27.77M | $23.25M | $-44.12M | $2.75M |
| Depreciation and Amortization | $44.03M | $44.48M | $43.55M | $31.99M | $33.88M | $36.92M | $37.70M | $37.84M | $50.35M | $39.55M | $39.01M | $38.46M | $39.19M | $39.11M | $38.10M | $36.23M | $72.33M | $- | $35.32M | $34.64M |
| Deferred Income Tax | $- | $- | $- | $- | $-96.84M | $-14.67M | $1.19M | $- | $-4.37M | $15.47M | $- | $- | $- | $- | $2.76M | $1.17M | $-53.65M | $- | $24.15M | $-23.51M |
| Stock Based Compensation | $- | $7.55M | $- | $2.16M | $8.18M | $6.34M | $2.91M | $3.45M | $5.09M | $11.91M | $10.25M | $1.23M | $1.66M | $6.10M | $2.26M | $313.00K | $346.00K | $3.06M | $2.12M | $-902.00K |
| Change in Working Capital | $-15.70M | $5.31M | $5.04M | $5.86M | $-6.95M | $-5.88M | $9.97M | $7.60M | $-21.80M | $6.75M | $-7.24M | $13.79M | $23.14M | $- | $-28.53M | $5.38M | $-22.09M | $- | $4.13M | $17.96M |
| Accounts Receivables | $- | $5.41M | $16.82M | $-8.25M | $-3.86M | $-8.09M | $9.71M | $13.58M | $5.41M | $3.31M | $-6.61M | $-5.76M | $47.80M | $- | $-22.25M | $-5.22M | $-6.24M | $- | $3.70M | $22.86M |
| Inventory | $- | $-3.38M | $586.85K | $5.18M | $8.88M | $-11.87M | $-1.15M | $-1.58M | $5.13M | $8.05M | $-13.66M | $-8.93M | $19.00M | $- | $-2.37M | $-12.78M | $-122.00K | $- | $19.45M | $-15.47M |
| Accounts Payables | $-8.25M | $8.77M | $-14.25M | $7.14M | $-25.92M | $28.27M | $2.26M | $2.43M | $-5.31M | $5.49M | $-6.63M | $18.01M | $-8.14M | $- | $-8.39M | $13.48M | $-3.14M | $- | $-2.42M | $2.51M |
| Other Working Capital | $-7.45M | $-5.48M | $1.89M | $1.79M | $13.95M | $-14.20M | $-851.00K | $-6.83M | $-27.02M | $-10.10M | $19.65M | $10.47M | $-35.51M | $- | $4.48M | $9.90M | $-12.59M | $- | $-16.61M | $8.07M |
| Other Non Cash Items | $5.51M | $-628.48K | $-12.07M | $61.33M | $104.96M | $740.00K | $781.00K | $-11.57M | $1.28M | $1.10M | $-2.23M | $5.30M | $17.71M | $60.83M | $1.69M | $318.00K | $30.30M | $33.77M | $1.77M | $1.15M |
| Net Cash Provided by Operating Activities | $76.30M | $138.00M | $142.60M | $114.13M | $82.94M | $67.10M | $96.88M | $83.19M | $116.34M | $184.47M | $239.93M | $229.16M | $278.67M | $242.12M | $140.49M | $79.18M | $58.07M | $57.02M | $23.36M | $32.10M |
| Investments in Property Plant and Equipment | $-6.13M | $-12.21M | $-13.44M | $-22.05M | $-5.24M | $-3.91M | $-3.38M | $-5.39M | $-6.13M | $-6.90M | $-5.95M | $-6.41M | $-5.42M | $-3.95M | $-51.60M | $-64.83M | $-9.85M | $-10.92M | $-17.32M | $-33.98M |
| Acquisitions Net | $42.83M | $- | $- | $94.02M | $50.24M | $111.33M | $88.08M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $-2.33M | $33.33M | $233.35M | $591.00K | $2.07M | $-704.76K | $-427.51K | $358.00K | $2.14M | $35.88M | $-35.09M | $1.60M | $-96.73K | $506.02K | $3.63M | $4.54M | $1.73M | $879.00K | $1.08M | $2.03M |
| Net Cash Used for Investing Activities | $34.37M | $21.11M | $219.92M | $72.56M | $47.06M | $106.72M | $84.27M | $-5.03M | $-4.00M | $28.98M | $-41.05M | $-4.81M | $-5.51M | $-3.44M | $-47.97M | $-60.29M | $-8.11M | $-10.04M | $-16.24M | $-31.94M |
| Debt Repayment | $- | $-69.44M | $-56.31M | $-141.90M | $209.04M | $-128.24M | $-91.67M | $-40.29M | $-94.63M | $953.00K | $-114.59M | $-52.76M | $- | $-42.99M | $-23.63M | $-7.42M | $- | $- | $-30.49M | $10.40M |
| Common Stock Issued | $-8.78K | $- | $-95.62K | $- | $13.16M | $25 | $- | $- | $93.07M | $-710.10K | $15.44M | $4.35M | $-181.60K | $-96.05K | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-5.50M | $-19.25M | $- | $- | $-380.05M | $5.87K | $-6.05M | $-7.00M | $-20.07M | $644.58K | $-20.07M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-64.82M | $-83.36M | $-84.34M | $-38.00M | $-16.72M | $-41.59M | $-36.85M | $-62.05M | $-135.38M | $-148.02M | $-170.45M | $-204.80M | $-121.70M | $-70.26M | $-30.67M | $- | $- | $- | $-55.00K | $-4.75M |
| Other Financing Activities | $-62.29M | $-58.00K | $-1 | $-133.00K | $-2.38M | $-3.36M | $-398.00K | $-587.00K | $11.43M | $-2.12M | $-3.25M | $- | $-55.99M | $697.38K | $-2.01M | $-437.00K | $-76.57M | $67.54M | $-257.00K | $-763.00K |
| Net Cash Used Provided by Financing Activities | $-132.62M | $-172.10M | $-140.75M | $-179.90M | $-178.73M | $-172.96M | $-134.27M | $-109.94M | $-218.71M | $-171.12M | $-292.92M | $-253.21M | $-177.87M | $-112.65M | $-56.31M | $-7.85M | $-76.57M | $67.54M | $-30.80M | $4.89M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $-261.77M | $- | $- | $- | $36.21M | $- | $- | $- | $-95.88M | $-368.81M | $- | $- | $-114.53M | $- | $- | $- |
| Net Change in Cash | $-31.66M | $-13.00M | $214.40M | $6.79M | $-40.57M | $864.00K | $46.88M | $-31.78M | $-106.37M | $42.34M | $-94.04M | $-28.86M | $101.60M | $126.87M | $36.21M | $11.04M | $-141.14M | $6.91M | $-23.68M | $5.04M |
| Cash at End of Period | $440.88M | $472.54M | $480.93M | $266.52M | $259.73M | $302.32M | $301.45M | $254.57M | $286.34M | $392.71M | $350.37M | $444.41M | $471.25M | $369.65M | $242.78M | $206.57M | $-26.61M | $114.53M | $107.62M | $131.30M |
| Cash at Beginning of Period | $472.54M | $485.53M | $266.52M | $259.73M | $300.30M | $301.45M | $254.57M | $286.34M | $392.71M | $350.37M | $444.41M | $473.27M | $369.65M | $242.78M | $206.57M | $195.53M | $114.53M | $107.62M | $131.30M | $126.26M |
| Operating Cash Flow | $76.30M | $138.00M | $138.09M | $114.13M | $82.94M | $67.10M | $96.88M | $83.19M | $116.34M | $184.47M | $239.93M | $229.16M | $278.67M | $242.12M | $140.49M | $79.18M | $58.07M | $57.02M | $23.36M | $32.10M |
| Capital Expenditure | $-7.39M | $-12.21M | $-13.30M | $-22.05M | $-5.24M | $-3.91M | $-3.38M | $-5.39M | $-6.13M | $-6.90M | $-5.95M | $-6.41M | $-5.42M | $-3.95M | $-51.60M | $-64.83M | $-9.85M | $-10.92M | $-17.32M | $-33.98M |
| Free Cash Flow | $68.90M | $125.78M | $124.80M | $92.08M | $77.70M | $63.19M | $93.50M | $77.80M | $110.20M | $177.57M | $233.98M | $222.74M | $273.25M | $238.17M | $88.89M | $14.35M | $48.23M | $46.10M | $6.04M | $-1.88M |
Star Bulk Carriers Dividends
Explore Star Bulk Carriers's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
17.34%
Dividend Payout Ratio
90.93%
Dividend Paid & Capex Coverage Ratio
1.41x
Star Bulk Carriers Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.09 | $0.09 | March 04, 2025 | March 04, 2025 | March 18, 2025 | February 18, 2025 |
| $0.6 | $0.6 | December 05, 2024 | December 05, 2024 | December 18, 2024 | November 19, 2024 |
| $0.7 | $0.7 | August 27, 2024 | August 27, 2024 | September 06, 2024 | August 07, 2024 |
| $0.75 | $0.75 | June 06, 2024 | June 06, 2024 | June 20, 2024 | May 22, 2024 |
| $0.45 | $0.45 | March 11, 2024 | March 12, 2024 | March 28, 2024 | February 12, 2024 |
| $0.22 | $0.22 | December 04, 2023 | December 05, 2023 | December 18, 2023 | November 13, 2023 |
| $0.4 | $0.4 | August 21, 2023 | August 22, 2023 | September 07, 2023 | August 03, 2023 |
| $0.35 | $0.35 | June 06, 2023 | June 07, 2023 | June 27, 2023 | May 16, 2023 |
| $0.6 | $0.6 | February 27, 2023 | February 28, 2023 | March 14, 2023 | February 16, 2023 |
| $1.2 | $1.2 | November 29, 2022 | November 30, 2022 | December 12, 2022 | November 16, 2022 |
| $1.65 | $1.65 | August 24, 2022 | August 25, 2022 | September 08, 2022 | August 04, 2022 |
| $1.65 | $1.65 | June 02, 2022 | June 03, 2022 | June 16, 2022 | May 24, 2022 |
| $2 | $2 | March 01, 2022 | March 02, 2022 | March 15, 2022 | February 16, 2022 |
| $1.25 | $1.25 | December 09, 2021 | December 10, 2021 | December 22, 2021 | November 16, 2021 |
| $0.7 | $0.7 | August 20, 2021 | August 23, 2021 | September 08, 2021 | August 05, 2021 |
| $0.3 | $0.3 | May 27, 2021 | May 31, 2021 | June 14, 2021 | May 19, 2021 |
| $0.05 | $0.05 | February 28, 2020 | March 02, 2020 | March 12, 2020 | February 19, 2020 |
| $0.05 | $0.05 | November 29, 2019 | December 02, 2019 | December 16, 2019 | November 20, 2019 |
| $0.015 | $1.125 | September 06, 2012 | September 10, 2012 | September 18, 2012 | August 31, 2012 |
| $0.015 | $1.125 | June 11, 2012 | June 13, 2012 | June 20, 2012 | June 01, 2012 |
Star Bulk Carriers News
Read the latest news about Star Bulk Carriers, including recent articles, headlines, and updates.
Star Bulk Carriers: Lowering My Price Target On Macro Risks, Dicier Dividends
I maintain a buy rating on Star Bulk Carriers (SBLK), but lower the price target due to global growth risks and weaker 2025 ton-miles growth. SBLK's Q4 non-GAAP EPS of $0.34 missed estimates, despite a 17% revenue increase; dividend policy changes and elevated net debt are concerns. SBLK's 13 debt-free vessels and synergies from the Eagle Bulk acquisition offer optimism, but EPS projections and market volatility remain challenges.
Is It Worth Investing in Star Bulk Carriers (SBLK) Based on Wall Street's Bullish Views?
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?
Star Bulk Announces the Availability of Its 2024 Annual Report on Form 20‐F
ATHENS, Greece, March 21, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that the Company's annual report on Form 20‐F (the “Annual Report”), which contains the Company's audited financial statements for the fiscal year ended December 31, 2024, was filed with the Securities and Exchange Commission on March 19, 2025. The Annual Report can be found on the Commission's website at http://www.sec.gov and on the Company's website at http://www.starbulk.com.
Cheap Now, Star Bulk Carriers: Yield More Than 6.8% But It Could Be More
Star Bulk Carriers Corp. specializes in global dry bulk shipping with a fleet of 155 vessels, offering a diverse range of cargo capacities. The company faces earnings volatility tied to global economic conditions and tariffs, with a significant earnings drop in 2023 but a projected recovery by 2027. The new dividend policy allocates 60% of cash flow to dividends and 40% to share buybacks, aiming for a more balanced approach.
Dividend Power Dogs: 3 Top Dividend Picks For March
Three top Dividend Power stocks, Golden Ocean, Diversified Energy, and Saratoga Investment Corp, offer "safer" dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strategy focuses on high earnings yield and top dividend yield stocks, creating a resilient portfolio for both downturns and bull markets. Analysts predict significant net gains (39.97% to 168.6%) for the top ten Dividend Power stocks by March 2026, with an average net gain of 77.96%.
Is Star Bulk Carriers (SBLK) a Buy as Wall Street Analysts Look Optimistic?
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?
Star Bulk Carriers' Rich Dividend Investment Thesis Is No More - Downgrade To Hold
SBLK's new dividend policy has reversed our prior optimism surrounding the dry bulker's investment thesis, as the management focuses on share repurchases, deleveraging, and fleet renewal. Even then, readers must note that its share retirement is likely to be lumpy, attributed to the uncertain timing in its fleet sale and delivery. This is on top of SBLK's underwhelming FQ1'25 contracted TCE rates guidance on a QoQ/ YoY basis, worsened by the higher expenses and dry docking expenses in FY2025.
Star Bulk Carriers Corp. (SBLK) Q4 2024 Earnings Call Transcript
Star Bulk Carriers Corp. (NASDAQ:SBLK ) Q4 2024 Earnings Conference Call February 19, 2025 11:00 AM ET Company Participants Simos Spyrou - Co-Chief Financial Officer Nicos Rescos - Chief Operating Officer Charis Plakantonaki - Chief Strategy Officer Petros Pappas - Chief Executive Officer Hamish Norton - President Christos Begleris - Co-Chief Financial Officer Conference Call Participants Chris Robertson - Deutsche Bank Omar Nokta - Jefferies Clement Mullins - Value Investors Operator Thank you for standing by, ladies and gentlemen, and welcome to the Star Bulk Carriers' Conference Call on the Fourth Quarter 2024 Financial Results. We have with us.
Star Bulk Carriers Corp. Reports Net Profit of $42.4 Million for the Fourth Quarter of 2024, and Declares Quarterly Dividend of $0.09 per Share
ATHENS, Greece, Feb. 18, 2025 (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 2024 and the year ended December 31, 2024. 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.
Brokers Suggest Investing in Star Bulk Carriers (SBLK): Read This Before Placing a Bet
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?
5 'Safe' Buys In 35 February Dividend Power Dogs
The Dividend Power strategy focuses on stocks with high earnings and dividend yields, creating a resilient portfolio for both downturns and bull markets. Top five Dividend Power stocks for February 2025 include Black Stone Minerals, AG Mortgage Investment, Golden Ocean, ARMOUR Residential, and Invesco Mortgage Capital. Analysts project significant net gains for top Dividend Power stocks, with AG Mortgage and Seanergy Maritime showing the highest potential returns by February 2026.
Star Bulk Announces Date for the Release of Fourth Quarter Ended December 31, 2024 Results, Conference Call and Webcast
ATHENS, Greece, Feb. 05, 2025 (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 ended December 31, 2024, after the market closes in New York on Tuesday, February 18, 2025. Star Bulk's management team will host a conference call to discuss the Company's financial results on Wednesday, February 19, 2025 at 11:00 a.m. Eastern Time (ET).
Star Bulk Carriers Corp: An Opportunity Linked To Commodities
Star bulk 3W2024 Adjusted EBITDA was $144 millions, if we annualize this value, with the current EV of $2.83 billion, that gives us an EV/EBITDA ratio of 4.9x. A negative point to highlight is the increase in daily OPEX per vessel. While 3Q2024 closed at $5,287, 3Q2023 closed at $4,914. On the commoditie transport demand side, we can see that sustained growth has been maintained over the last 15 years.
Charting The Course In Shipping With J Mintzmyer
Shipping expert J Mintzmyer highlights International Seaways as the top tanker pick and Star Bulk Carriers as the top dry bulk stock for 2025. Shipping offers niche advantages, avoiding competition with major institutions, and can yield outsized returns with proper strategy and understanding of supply-demand dynamics.
4 Of 35 Safe-Buy Dividend Power Dogs In January
Four low-priced Dividend Power stocks, Golden Ocean, Invesco Mortgage, ARMOUR Residential, and FutureFuel, offer safer dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strategy focuses on high earnings yield and top dividend yield stocks, creating a resilient portfolio for both downturns and bull markets. Analysts project significant gains for top Dividend Power stocks, with an average net gain of 79.97% on $10k invested in the top ten.
Star Bulk Carriers: Potential Supply Imbalance Is A Bullish Tailwind
Star Bulk Carriers' stock dropped 40% due to falling freight rates, but long-term tailwinds like a potential supply imbalance remain strong. The company benefited from high charter rates post-COVID, boosting EBITDA and margins, supporting generous dividends and buybacks. Chronic tailwinds such as limited new vessel supply, strong Chinese demand, and Middle East tensions could sustain higher freight rates.
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