During the last session, Star Bulk Carriers Corp (NASDAQ:SBLK)’s traded shares were 0.89 million, with the beta value of the company hitting 0.95. At the end of the trading day, the stock’s price was $15.52, reflecting an intraday gain of 1.44% or $0.22. The 52-week high for the SBLK share is $27.47, that puts it down -77.0 from that peak though still a striking 22.29% gain since the share price plummeted to a 52-week low of $12.06. The company’s market capitalization is $1.82B, and the average trade volume was 2.06 million shares over the past three months.
Star Bulk Carriers Corp (SBLK) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.50. SBLK has a Sell rating from 0 analyst(s) out of 12 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 8 recommend a Buy rating for it.
Star Bulk Carriers Corp (NASDAQ:SBLK) trade information
Star Bulk Carriers Corp (SBLK) registered a 1.44% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.44% in intraday trading to $15.52, hitting a weekly high. The stock’s 5-day price performance is 3.26%, and it has moved by 14.71% in 30 days. Based on these gigs, the overall price performance for the year is -41.37%.
The consensus price target of analysts on Wall Street is $20.2, which implies an increase of 23.17% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $20.2 and $20.2 respectively. As a result, SBLK is trading at a discount of -30.15% off the target high and -30.15% off the low.
While earnings are projected to return -38.63% in 2025, the next five years will return 14.62% per annum.
SBLK Dividends
Star Bulk Carriers Corp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Star Bulk Carriers Corp is 2.14, with the dividend yield indicating at 13.79 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 4.19 million shares, is of ARROWSTREET CAPITAL, LIMITED PARTNERSHIP’s that is approximately 3.8296% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $102.24 million.
Also, the Mutual Funds coming in first place with the largest holdings of Star Bulk Carriers Corp (SBLK) shares are Columbia Funds Series Trust-Columbia Overseas Value Fund and Pioneer Series Trust IV-Pioneer Multi-Asset Income Fund . Data provided on Feb 28, 2025 indicates that Columbia Funds Series Trust-Columbia Overseas Value Fund owns about 914.08 shares. This amounts to just over 0.78 percent of the company’s overall shares, with a $14.19 million market value. The same data shows that the other fund manager holds slightly less at 796.3, or about 0.68% of the stock, which is worth about $12.36 million.
