SBLK Stock Analysis: Star Bulk Carriers | NASDAQ
Marine Shipping | NASDAQ, USA | Market Cap: 3.226m USD | 12M Return: 74.2% | MHY8162K2046 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 43.8M
EPS Trend: -41.1%
Qual. Beats: 2
Rev. Trend: 44.4%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Star Bulk Carriers Corp. (NASDAQ: SBLK) is a Greece-based shipping company that transports dry bulk cargoes globally through its owned fleet of vessels. As of December 31, 2025, the company operates a fleet of 136 dry bulk carriers spanning vessel classes from Supramax to Newcastlemax, with carrying capacities ranging from approximately 55,500 to 209,500 deadweight tonnage. The fleet transports major industrial commodities, including iron ore, minerals, grains, bauxite, fertilizers, and steel products, positioning the company across key global commodity trade routes. The dry bulk shipping sector is closely tied to global industrial output and commodity demand cycles, particularly iron ore consumption driven by steel production, with revenues typically generated through a mix of spot market voyages and longer-term time charter contracts.
- China iron ore imports drive Capesize freight rates
- IMO emissions regulations raise vessel retrofit costs
- Fleet renewal program expands Newcastlemax capacity
| Net Income: 287.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 0.16 > 1.0 |
| NWC/Revenue: 32.08% < 20% (prev 21.07%; Δ 11.01% < -1%) |
| CFO/TA 0.12 > 3% & CFO 453.9m > Net Income 287.2m |
| Net Debt (767.5m) to EBITDA (508.7m): 1.51 < 3 |
| Current Ratio: 1.91 > 1.5 & < 3 |
| Outstanding Shares: last quarter (111.6m) vs 12m ago -3.88% < -2% |
| Gross Margin: 41.64% > 18% (prev 36.61%; Δ 5.04% > 0.5%) |
| Asset Turnover: 31.05% > 50% (prev 29.06%; Δ 2.00% > 0%) |
| Interest Coverage Ratio: 5.93 > 6 (EBIT TTM 346.6m / Interest Expense TTM 58.4m) |
| A: 0.10 (Total Current Assets 807.9m - Total Current Liabilities 422.0m) / Total Assets 3.85b |
| B: -0.12 (Retained Earnings -449.9m / Total Assets 3.85b) |
| C: 0.09 (EBIT TTM 346.6m / Avg Total Assets 3.87b) |
| D: 1.88 (Book Value of Equity 2.51b / Total Liabilities 1.34b) |
| Altman-Z'' = 2.85 = A |
| DSRI: 1.07 (Receivables 97.2m/85.1m, Revenue 1.20b/1.13b) |
| GMI: 0.88 (GM 36.61% / 41.64%) |
| AQI: 21.91 (AQ_t 0.04 / AQ_t-1 0.00) |
| SGI: 1.06 (Revenue 1.20b / 1.13b) |
| TATA: -0.04 (NI 287.2m - CFO 453.9m) / TA 3.85b) |
| Beneish M = 9.36 (Cap -4..+1) = D |
As of October 27, 2026, the stock is trading at USD 29.08 with a total of 922,357 shares traded. Over the past week, the price has changed by +3.56%, over one month by -0.75%, over three months by +10.62% and over the past year by +74.16%.
Current recommended Stop Loss: 27.80 (which is 4.4% or 1.5 ATR below the current price).
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
| Analysts Target Price | 34.4 | 18.4% |
P/E Trailing = 10.898
P/E Forward = 7.0721
P/S = 2.6813
P/B = 1.4033
P/EG = 1.95
Revenue TTM = 1.20b USD
EBIT TTM = 346.6m USD
EBITDA TTM = 508.7m USD
Long Term Debt = 803.0m USD (from longTermDebt, last quarter)
Short Term Debt = 262.0m USD (from shortTermDebt, last quarter)
Debt = 1.33b USD (from shortLongTermDebtTotal, last quarter) + Leases 153.6m
Net Debt = 767.5m USD (calculated: Debt 1.33b - CCE 565.1m)
Enterprise Value = 3.99b USD (3.23b + Debt 1.33b - CCE 565.1m)
Interest Coverage Ratio = 5.93 (Ebit TTM 346.6m / Interest Expense TTM 58.4m)
EV/FCF = 13.96x (Enterprise Value 3.99b / FCF TTM 286.1m)
FCF Yield = 7.16% (FCF TTM 286.1m / Enterprise Value 3.99b)
FCF Margin = 23.78% (FCF TTM 286.1m / Revenue TTM 1.20b)
Net Margin = 23.87% (Net Income TTM 287.2m / Revenue TTM 1.20b)
Gross Margin = 41.64% ((Revenue TTM 1.20b - Cost of Revenue TTM 702.0m) / Revenue TTM)
Gross Margin QoQ = 56.88% (prev 33.06%)
Tobins Q-Ratio = 1.04 (Enterprise Value 3.99b / Total Assets 3.85b)
Interest Expense / Debt = 4.38% (Interest Expense 58.4m / Debt 1.33b)
Taxrate = 0.0% (0.0 / 84.2m)
NOPAT = 346.6m (EBIT 346.6m * (1 - 0.00%))
Current Ratio = 1.91 (Total Current Assets 807.9m / Total Current Liabilities 422.0m)
Debt / Equity = 0.53 (Debt 1.33b / totalStockholderEquity, last quarter 2.51b)
Debt / EBITDA = 1.51 (Net Debt 767.5m / EBITDA 508.7m)
Debt / FCF = 2.68 (Net Debt 767.5m / FCF TTM 286.1m)
Total Stockholder Equity = 2.45b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.41% (Net Income 287.2m / Total Assets 3.85b)
RoE = 11.71% (Net Income TTM 287.2m / Total Stockholder Equity 2.45b)
RoCE = 10.65% (EBIT 346.6m / Capital Employed (Equity 2.45b + L.T.Debt 803.0m))
RoIC = 9.54% (NOPAT 346.6m / Invested Capital 3.63b)
WACC = 6.77% (E(3.23b)/V(4.56b) * Re(7.76%) + D(1.33b)/V(4.56b) * Rd(4.38%) * (1-Tc(0.0)))
Discount Rate = 7.76% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 35.37 | Cagr: 13.35%
[DCF] Terminal Value 75.60% ; FCFF base≈284.7m ; Y1≈288.8m ; Y5≈312.2m
[DCF] Fair Price = 35.14 (EV 4.85b - Net Debt 767.5m = Equity 4.08b / Shares 116.1m; r=8.35% [WACC [floored]]; 5y FCF grow 1.23% → 2.50% )
EPS Correlation: -41.11 | EPS CAGR: -19.54% | SUE: 2.59 | # QB: 2
Revenue Correlation: 44.42 | Revenue CAGR: 4.94% | SUE: 1.04 | # QB: 1
EPS current Quarter (2026-09-30): EPS=1.22 | Chg30d=+3.31% | Revisions=+25% | Analysts=3
EPS current Year (2026-12-31): EPS=4.40 | Chg30d=+1.98% | Revisions=+25% | GrowthEPS=+353.5% | GrowthRev=+42.0%
EPS next Year (2027-12-31): EPS=3.52 | Chg30d=-1.07% | Revisions=-25% | GrowthEPS=-20.0% | GrowthRev=-11.7%
[Analyst] Revisions Ratio: +17% (up=2, down=1)