SBLK Stock Analysis: Star Bulk Carriers | NASDAQ
Marine Shipping | NASDAQ, USA | Market Cap: 2.886m USD | 12M Return: 49.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 32.7M
EPS Trend: -68.4%
Qual. Beats: 1
Rev. Trend: 27.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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 operates a global fleet of dry bulk carrier vessels transporting commodities such as iron ore, minerals, grains, bauxite, fertilizers, and steel products. As of December 31, 2025, the company owned 136 vessels spanning multiple classes, including Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax, with carrying capacities ranging from 55,569 to 209,537 deadweight tonnage. Founded in 2006 and headquartered in Marousi, the company is classified under the Marine Transportation sub-industry within the broader Industrials sector.
Dry bulk shipping is a highly cyclical segment of the marine transportation industry, with revenues largely tied to charter rates and demand from major commodity producers and traders, particularly in China, which is the largest consumer of seaborne iron ore and coal. Fleet utilization and freight rates, often benchmarked by indices such as the Baltic Dry Index, are the primary drivers of profitability in this capital-intensive business.
- Baltic Dry Index swings drive charter rate volatility
- Chinese iron ore demand supports Capesize freight rates
- Variable dividends fluctuate with dry bulk shipping cycle
| Net Income: 142.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -1.82 > 1.0 |
| NWC/Revenue: 22.90% < 20% (prev 20.39%; Δ 2.51% < -1%) |
| CFO/TA 0.10 > 3% & CFO 359.4m > Net Income 142.2m |
| Net Debt (860.8m) to EBITDA (374.7m): 2.30 < 3 |
| Current Ratio: 1.73 > 1.5 & < 3 |
| Outstanding Shares: last quarter (111.8m) vs 12m ago -4.79% < -2% |
| Gross Margin: 34.50% > 18% (prev 41.24%; Δ -6.75% > 0.5%) |
| Asset Turnover: 28.44% > 50% (prev 30.79%; Δ -2.35% > 0%) |
| Interest Coverage Ratio: 3.22 > 6 (EBIT TTM 209.0m / Interest Expense TTM 64.8m) |
| A: 0.07 (Total Current Assets 594.2m - Total Current Liabilities 343.9m) / Total Assets 3.67b |
| B: -0.15 (Retained Earnings -538.6m / Total Assets 3.67b) |
| C: 0.05 (EBIT TTM 209.0m / Avg Total Assets 3.84b) |
| D: 1.96 (Book Value of Equity 2.43b / Total Liabilities 1.24b) |
| Altman-Z'' = 2.39 = BBB |
| DSRI: 1.05 (Receivables 91.7m/98.9m, Revenue 1.09b/1.24b) |
| GMI: 1.20 (GM 41.24% / 34.50%) |
| AQI: 0.39 (AQ_t 0.00 / AQ_t-1 0.00) |
| SGI: 0.88 (Revenue 1.09b / 1.24b) |
| TATA: -0.06 (NI 142.2m - CFO 359.4m) / TA 3.67b) |
| Beneish M = -3.26 (Cap -4..+1) = AA |
As of July 13, 2026, the stock is trading at USD 26.35 with a total of 919,155 shares traded. Over the past week, the price has changed by +4.77%, over one month by -2.95%, over three months by +8.55% and over the past year by +49.48%.
Current recommended Stop Loss: 25.00 (which is 5.1% or 1.6 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 | 31 | 17.6% |
P/E Trailing = 20.704
P/E Forward = 7.5472
P/S = 2.6408
P/B = 1.2144
P/EG = 1.95
Revenue TTM = 1.09b USD
EBIT TTM = 209.0m USD
EBITDA TTM = 374.7m USD
Long Term Debt = 763.8m USD (from longTermDebt, last quarter)
Short Term Debt = 202.1m USD (from shortTermDebt, last quarter)
Debt = 1.26b USD (from shortLongTermDebtTotal, last quarter) + Leases 161.7m
Net Debt = 860.8m USD (calculated: Debt 1.26b - CCE 397.0m)
Enterprise Value = 3.75b USD (2.89b + Debt 1.26b - CCE 397.0m)
Interest Coverage Ratio = 3.22 (Ebit TTM 209.0m / Interest Expense TTM 64.8m)
EV/FCF = 14.26x (Enterprise Value 3.75b / FCF TTM 262.8m)
FCF Yield = 7.01% (FCF TTM 262.8m / Enterprise Value 3.75b)
FCF Margin = 24.04% (FCF TTM 262.8m / Revenue TTM 1.09b)
Net Margin = 13.01% (Net Income TTM 142.2m / Revenue TTM 1.09b)
Gross Margin = 34.50% ((Revenue TTM 1.09b - Cost of Revenue TTM 715.9m) / Revenue TTM)
Gross Margin QoQ = 33.06% (prev 34.84%)
Tobins Q-Ratio = 1.02 (Enterprise Value 3.75b / Total Assets 3.67b)
Interest Expense / Debt = 5.15% (Interest Expense 64.8m / Debt 1.26b)
Taxrate = 0.0% (0.0 / 84.2m)
NOPAT = 209.0m (EBIT 209.0m * (1 - 0.00%))
Current Ratio = 1.73 (Total Current Assets 594.2m / Total Current Liabilities 343.9m)
Debt / Equity = 0.52 (Debt 1.26b / totalStockholderEquity, last quarter 2.43b)
Debt / EBITDA = 2.30 (Net Debt 860.8m / EBITDA 374.7m)
Debt / FCF = 3.28 (Net Debt 860.8m / FCF TTM 262.8m)
Total Stockholder Equity = 2.42b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.70% (Net Income 142.2m / Total Assets 3.67b)
RoE = 5.87% (Net Income TTM 142.2m / Total Stockholder Equity 2.42b)
RoCE = 6.56% (EBIT 209.0m / Capital Employed (Equity 2.42b + L.T.Debt 763.8m))
RoIC = 6.02% (NOPAT 209.0m / Invested Capital 3.47b)
WACC = 7.51% (E(2.89b)/V(4.14b) * Re(8.53%) + D(1.26b)/V(4.14b) * Rd(5.15%) * (1-Tc(0.0)))
Discount Rate = 8.53% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -2.22 | Cagr: 11.59%
[DCF] Terminal Value 73.10% ; FCFF base≈301.9m ; Y1≈264.8m ; Y5≈213.9m
[DCF] Fair Price = 23.07 (EV 3.43b - Net Debt 860.8m = Equity 2.57b / Shares 111.5m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -68.38 | EPS CAGR: -30.97% | SUE: 0.91 | # QB: 1
Revenue Correlation: 27.69 | Revenue CAGR: 2.93% | SUE: 0.58 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.89 | Chg30d=-3.31% | Revisions=+40% | Analysts=3
EPS next Quarter (2026-09-30): EPS=1.15 | Chg30d=-0.04% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=3.73 | Chg30d=-0.82% | Revisions=+40% | GrowthEPS=+284.6% | GrowthRev=+27.7%
EPS next Year (2027-12-31): EPS=3.59 | Chg30d=+0.00% | Revisions=+40% | GrowthEPS=-3.8% | GrowthRev=-1.2%
[Analyst] Revisions Ratio: +55% (up=7, down=1)