Star Bulk Carriers Corp (NASDAQ:SBLK)’s traded shares stood at 0.72 million during the latest session, with the company’s beta value hitting 0.95. At the last check today, the stock’s price was $17.98, to imply an increase of 0.14% or $0.03 in intraday trading. The SBLK share’s 52-week high remains $25.25, putting it -40.43% down since that peak but still an impressive 32.93% since price per share fell to its 52-week low of $12.06. The company has a valuation of $2.11B, with an average of 2.46 million shares in intraday trading volume over the past 10 days and average of 1.59 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Star Bulk Carriers Corp (SBLK), translating to a mean rating of 1.25. Of 12 analyst(s) looking at the stock, 0 analyst(s) give SBLK a Sell rating. 1 of those analysts rate the stock as Overweight while 3 advise Hold as 8 recommend it as a Buy.
Star Bulk Carriers Corp (NASDAQ:SBLK) trade information
After registering a 0.14% upside in the latest session, Star Bulk Carriers Corp (SBLK) has traded red over the past five days. The 5-day price performance for the stock is 5.21%, and 10.99% over 30 days. With these gigs, the year-to-date price performance is -28.02%. Short interest in Star Bulk Carriers Corp (NASDAQ:SBLK) saw shorts transact 2.74 million shares and set a 1.97 days time to cover.
The extremes give us $20.2 and $26 for target low and target high price respectively. As such, SBLK has been trading -44.61% off suggested target high and -12.35% from its likely low.
SBLK Dividends
Star Bulk Carriers Corp has its next earnings report out on 2025-May-14. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Star Bulk Carriers Corp has a forward dividend ratio of 1.44, with the share yield ticking at 8.01% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 15.06%.
Star Bulk Carriers Corp (NASDAQ:SBLK)’s Major holders
Star Bulk Carriers Corp insiders hold 22.16% of total outstanding shares, with institutional holders owning 33.68% of the shares at 43.27% float percentage. In total, 33.68% institutions holds shares in the company, led by OAKTREE CAPITAL MANAGEMENT LP. As of 2024-06-30, the company held over 7.97 million shares (or 7.2749% of shares), all amounting to roughly $194.22 million.
The next major institution holding the largest number of shares is ARROWSTREET CAPITAL, LIMITED PARTNERSHIP with 4.19 million shares, or about 3.8296% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $102.24 million.
We also have Columbia Funds Series Trust-Columbia Overseas Value Fund and Pioneer Series Trust IV-Pioneer Multi-Asset Income Fund as the top two Mutual Funds with the largest holdings of the Star Bulk Carriers Corp (SBLK) shares. Going by data provided on Feb 28, 2025 , Columbia Funds Series Trust-Columbia Overseas Value Fund holds roughly 914.08 shares. This is just over 0.78% of the total shares, with a market valuation of $16.49 million. Data from the same date shows that the other fund manager holds a little less at 796.3, or 0.68% of the shares, all valued at about 14.37 million.
