(SBLK) Star Bulk Carriers - Overview
Exchange: NASDAQ •
Country: Greece •
Currency: USD •
Type: Common Stock •
ISIN: MHY8162K2046
Stock: Vessels, Ore, Grain, Steel
Total Rating 40
Risk 38
Buy Signal 0.45
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.68% |
| Yield on Cost 5y | 4.50% |
| Yield CAGR 5y | -39.57% |
| Payout Consistency | 41.5% |
| Payout Ratio | 90.9% |
| Risk 5d forecast | |
|---|---|
| Volatility | 29.7% |
| Relative Tail Risk | -0.63% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.21 |
| Alpha | 34.72 |
| Character TTM | |
|---|---|
| Beta | 0.774 |
| Beta Downside | 1.201 |
| Drawdowns 3y | |
|---|---|
| Max DD | 48.44% |
| CAGR/Max DD | 0.14 |
Description: SBLK Star Bulk Carriers January 14, 2026
Star Bulk Carriers Corp. (NASDAQ:SBLK) operates a global fleet of 151 dry-bulk vessels, totaling roughly 14.6 million deadweight tons, across vessel classes from Supramax (≈53 k dwt) to Newcastlemax (≈210 k dwt). The company transports core commodities such as iron ore, coal, grains, bauxite, fertilizers and steel products, and is headquartered in Marousi, Greece, having been incorporated in 2006.
As of Q3 2024, Star Bulk’s fleet utilization averaged about 85%, driven by a rebound in the Baltic Dry Index (BDI) to ~2,300 points-its highest level since 2022. The firm reported a Q3 EBITDA of $210 million, translating to an EBITDA margin of roughly 12%, bolstered by strong Capesize freight rates that have hovered near $25,000 per day-load-day. A key sector driver remains Chinese steel-mill demand, which accounts for roughly 60% of global iron-ore shipments and remains sensitive to macro-policy shifts in China’s construction sector.
For a deeper quantitative assessment, you may find the ValueRay platform’s detailed financial models useful.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 61.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -3.75 > 1.0 |
| NWC/Revenue: 25.53% < 20% (prev 23.55%; Δ 1.98% < -1%) |
| CFO/TA 0.07 > 3% & CFO 275.1m > Net Income 61.5m |
| Net Debt (750.2m) to EBITDA (287.6m): 2.61 < 3 |
| Current Ratio: 1.72 > 1.5 & < 3 |
| Outstanding Shares: last quarter (114.2m) vs 12m ago -2.42% < -2% |
| Gross Margin: 34.30% > 18% (prev 0.48%; Δ 3382 % > 0.5%) |
| Asset Turnover: 26.45% > 50% (prev 29.35%; Δ -2.90% > 0%) |
| Interest Coverage Ratio: 1.48 > 6 (EBITDA TTM 287.6m / Interest Expense TTM 77.8m) |
Altman Z'' 1.52
| A: 0.07 (Total Current Assets 638.4m - Total Current Liabilities 370.1m) / Total Assets 3.79b |
| B: -0.16 (Retained Earnings -608.4m / Total Assets 3.79b) |
| C: 0.03 (EBIT TTM 115.4m / Avg Total Assets 3.97b) |
| D: 1.31 (Book Value of Equity 1.81b / Total Liabilities 1.37b) |
| Altman-Z'' Score: 1.52 = BB |
Beneish M 1.00
| DSRI: 0.81 (Receivables 72.4m/103.8m, Revenue 1.05b/1.22b) |
| GMI: 1.40 (GM 34.30% / 48.11%) |
| AQI: 30.56 (AQ_t 0.05 / AQ_t-1 0.00) |
| SGI: 0.86 (Revenue 1.05b / 1.22b) |
| TATA: -0.06 (NI 61.5m - CFO 275.1m) / TA 3.79b) |
| Beneish M-Score: 14.55 (Cap -4..+1) = D |
What is the price of SBLK shares?
As of February 09, 2026, the stock is trading at USD 22.72 with a total of 825,546 shares traded.
Over the past week, the price has changed by -1.69%, over one month by +9.49%, over three months by +22.41% and over the past year by +47.57%.
Over the past week, the price has changed by -1.69%, over one month by +9.49%, over three months by +22.41% and over the past year by +47.57%.
Is SBLK a buy, sell or hold?
Star Bulk Carriers has received a consensus analysts rating of 4.40.
Therefore, it is recommended to buy SBLK.
- StrongBuy: 3
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the SBLK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 25.4 | 11.9% |
| Analysts Target Price | 25.4 | 11.9% |
| ValueRay Target Price | 25.5 | 12% |
SBLK Fundamental Data Overview February 09, 2026
P/E Trailing = 48.3404
P/E Forward = 7.8864
P/S = 2.4716
P/B = 1.0709
P/EG = 1.95
Revenue TTM = 1.05b USD
EBIT TTM = 115.4m USD
EBITDA TTM = 287.6m USD
Long Term Debt = 857.7m USD (from longTermDebt, last quarter)
Short Term Debt = 198.2m USD (from shortTermDebt, last quarter)
Debt = 1.20b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 750.2m USD (from netDebt column, last quarter)
Enterprise Value = 3.35b USD (2.60b + Debt 1.20b - CCE 452.5m)
Interest Coverage Ratio = 1.48 (Ebit TTM 115.4m / Interest Expense TTM 77.8m)
EV/FCF = 13.87x (Enterprise Value 3.35b / FCF TTM 241.3m)
FCF Yield = 7.21% (FCF TTM 241.3m / Enterprise Value 3.35b)
FCF Margin = 22.96% (FCF TTM 241.3m / Revenue TTM 1.05b)
Net Margin = 5.85% (Net Income TTM 61.5m / Revenue TTM 1.05b)
Gross Margin = 34.30% ((Revenue TTM 1.05b - Cost of Revenue TTM 690.4m) / Revenue TTM)
Gross Margin QoQ = 37.90% (prev 32.08%)
Tobins Q-Ratio = 0.88 (Enterprise Value 3.35b / Total Assets 3.79b)
Interest Expense / Debt = 1.47% (Interest Expense 17.7m / Debt 1.20b)
Taxrate = 0.0% (0.0 / 18.5m)
NOPAT = 115.4m (EBIT 115.4m * (1 - 0.00%))
Current Ratio = 1.72 (Total Current Assets 638.4m / Total Current Liabilities 370.1m)
Debt / Equity = 0.50 (Debt 1.20b / totalStockholderEquity, last quarter 2.42b)
Debt / EBITDA = 2.61 (Net Debt 750.2m / EBITDA 287.6m)
Debt / FCF = 3.11 (Net Debt 750.2m / FCF TTM 241.3m)
Total Stockholder Equity = 2.44b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.55% (Net Income 61.5m / Total Assets 3.79b)
RoE = 2.52% (Net Income TTM 61.5m / Total Stockholder Equity 2.44b)
RoCE = 3.50% (EBIT 115.4m / Capital Employed (Equity 2.44b + L.T.Debt 857.7m))
RoIC = 3.19% (NOPAT 115.4m / Invested Capital 3.61b)
WACC = 6.46% (E(2.60b)/V(3.80b) * Re(8.77%) + D(1.20b)/V(3.80b) * Rd(1.47%) * (1-Tc(0.0)))
Discount Rate = 8.77% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 14.36%
[DCF Debug] Terminal Value 81.01% ; FCFF base≈312.9m ; Y1≈248.4m ; Y5≈165.8m
Fair Price DCF = 31.42 (EV 4.33b - Net Debt 750.2m = Equity 3.58b / Shares 113.8m; r=6.46% [WACC]; 5y FCF grow -24.61% → 2.90% )
EPS Correlation: -81.43 | EPS CAGR: -50.93% | SUE: -4.0 | # QB: 0
Revenue Correlation: -53.69 | Revenue CAGR: -15.67% | SUE: 0.45 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.34 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=2
EPS next Year (2026-12-31): EPS=3.43 | Chg30d=+0.653 | Revisions Net=+0 | Growth EPS=+321.7% | Growth Revenue=+29.6%
P/E Forward = 7.8864
P/S = 2.4716
P/B = 1.0709
P/EG = 1.95
Revenue TTM = 1.05b USD
EBIT TTM = 115.4m USD
EBITDA TTM = 287.6m USD
Long Term Debt = 857.7m USD (from longTermDebt, last quarter)
Short Term Debt = 198.2m USD (from shortTermDebt, last quarter)
Debt = 1.20b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 750.2m USD (from netDebt column, last quarter)
Enterprise Value = 3.35b USD (2.60b + Debt 1.20b - CCE 452.5m)
Interest Coverage Ratio = 1.48 (Ebit TTM 115.4m / Interest Expense TTM 77.8m)
EV/FCF = 13.87x (Enterprise Value 3.35b / FCF TTM 241.3m)
FCF Yield = 7.21% (FCF TTM 241.3m / Enterprise Value 3.35b)
FCF Margin = 22.96% (FCF TTM 241.3m / Revenue TTM 1.05b)
Net Margin = 5.85% (Net Income TTM 61.5m / Revenue TTM 1.05b)
Gross Margin = 34.30% ((Revenue TTM 1.05b - Cost of Revenue TTM 690.4m) / Revenue TTM)
Gross Margin QoQ = 37.90% (prev 32.08%)
Tobins Q-Ratio = 0.88 (Enterprise Value 3.35b / Total Assets 3.79b)
Interest Expense / Debt = 1.47% (Interest Expense 17.7m / Debt 1.20b)
Taxrate = 0.0% (0.0 / 18.5m)
NOPAT = 115.4m (EBIT 115.4m * (1 - 0.00%))
Current Ratio = 1.72 (Total Current Assets 638.4m / Total Current Liabilities 370.1m)
Debt / Equity = 0.50 (Debt 1.20b / totalStockholderEquity, last quarter 2.42b)
Debt / EBITDA = 2.61 (Net Debt 750.2m / EBITDA 287.6m)
Debt / FCF = 3.11 (Net Debt 750.2m / FCF TTM 241.3m)
Total Stockholder Equity = 2.44b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.55% (Net Income 61.5m / Total Assets 3.79b)
RoE = 2.52% (Net Income TTM 61.5m / Total Stockholder Equity 2.44b)
RoCE = 3.50% (EBIT 115.4m / Capital Employed (Equity 2.44b + L.T.Debt 857.7m))
RoIC = 3.19% (NOPAT 115.4m / Invested Capital 3.61b)
WACC = 6.46% (E(2.60b)/V(3.80b) * Re(8.77%) + D(1.20b)/V(3.80b) * Rd(1.47%) * (1-Tc(0.0)))
Discount Rate = 8.77% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 14.36%
[DCF Debug] Terminal Value 81.01% ; FCFF base≈312.9m ; Y1≈248.4m ; Y5≈165.8m
Fair Price DCF = 31.42 (EV 4.33b - Net Debt 750.2m = Equity 3.58b / Shares 113.8m; r=6.46% [WACC]; 5y FCF grow -24.61% → 2.90% )
EPS Correlation: -81.43 | EPS CAGR: -50.93% | SUE: -4.0 | # QB: 0
Revenue Correlation: -53.69 | Revenue CAGR: -15.67% | SUE: 0.45 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.34 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=2
EPS next Year (2026-12-31): EPS=3.43 | Chg30d=+0.653 | Revisions Net=+0 | Growth EPS=+321.7% | Growth Revenue=+29.6%