In the latest session, Star Bulk Carriers Corp. (NASDAQ: SBLK) closed at $18.07 down -0.77% from its previous closing price of $18.21. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 1652780 shares were traded.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
For a deeper understanding of Star Bulk Carriers Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.33. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.52.
Upgrades & Downgrades
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SBLK now has a Market Capitalization of 1.95B and an Enterprise Value of 3.00B. As of this moment, Star’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.10, and their Forward P/E ratio for the next fiscal year is 4.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 2.31 whereas that against EBITDA is 4.51.
Stock Price History:
Over the past 52 weeks, SBLK has reached a high of $33.99, while it has fallen to a 52-week low of $16.85. The 50-Day Moving Average of the stock is 20.28, while the 200-Day Moving Average is calculated to be 20.74.
For the past three months, SBLK has traded an average of 1.25M shares per day and 1.36M over the past ten days. A total of 102.97M shares are outstanding, with a floating share count of 93.34M. Insiders hold about 19.80% of the company’s shares, while institutions hold 48.70% stake in the company. Shares short for SBLK as of Apr 27, 2023 were 5.15M with a Short Ratio of 5.15M, compared to 5.02M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.01% and a Short% of Float of 7.37%.
Dividends & Splits
According to the company, the forward annual dividend rate for SBLK is 1.40, from 0.00 in the trailing year. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 20.87%. The current Payout Ratio is 58.70% for SBLK, which recently paid a dividend on Jun 26, 2023 with an ex-dividend date of Jun 05, 2023. Stock splits for the company last occurred on Jun 19, 2016 when the company split stock in a 1:5 ratio.
There are 2 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.5 for the current quarter, with a high estimate of $0.51 and a low estimate of $0.49, while EPS last year was $2. The consensus estimate for the next quarter is $0.9, with high estimates of $0.95 and low estimates of $0.86.
Analysts are recommending an EPS of between $3.11 and $2.91 for the fiscal current year, implying an average EPS of $3.01. EPS for the following year is $4.31, with 2 analysts recommending between $4.58 and $4.04.
A total of 3 analysts believe the company’s revenue will be $193.46M this quarter.It ranges from a high estimate of $204.96M to a low estimate of $184.44M. As of the current estimate, Star Bulk Carriers Corp.’s year-ago sales were $350.95M, an estimated decrease of -44.90% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $234.92M, a decrease of -14.70% over than the figure of -$44.90% in the same quarter last year. There is a high estimate of $265M for the next quarter, whereas the lowest estimate is $216.18M.
A total of 3 analysts have provided revenue estimates for SBLK’s current fiscal year. The highest revenue estimate was $987M, while the lowest revenue estimate was $824.46M, resulting in an average revenue estimate of $880.29M. In the same quarter a year ago, actual revenue was $1.44B, down -38.70% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $998.82M in the next fiscal year. The high estimate is $1.12B and the low estimate is $906.37M. The average revenue growth estimate for next year is up 13.50% from the average revenue estimate for this year.