Star Bulk Carriers (SBLK) to Release Earnings on Wednesday

Star Bulk Carriers (NASDAQ:SBLKGet Free Report) is anticipated to post its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Star Bulk Carriers to post earnings of $0.9590 per share and revenue of $284.8350 million for the quarter. Investors can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 6, 2026 at 11:00 AM ET.

Star Bulk Carriers Stock Performance

SBLK opened at $28.75 on Monday. The company has a fifty day moving average price of $26.59 and a two-hundred day moving average price of $24.89. Star Bulk Carriers has a 1-year low of $16.72 and a 1-year high of $29.34. The company has a market cap of $3.26 billion, a P/E ratio of 23.00 and a beta of 0.72. The company has a current ratio of 1.73, a quick ratio of 1.55 and a debt-to-equity ratio of 0.32.

Star Bulk Carriers Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Friday, June 12th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend was Friday, June 12th. This is a positive change from Star Bulk Carriers’s previous quarterly dividend of $0.37. Star Bulk Carriers’s dividend payout ratio is presently 160.00%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Zacks Research downgraded Star Bulk Carriers from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Jefferies Financial Group increased their target price on Star Bulk Carriers from $29.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $32.00 price target on shares of Star Bulk Carriers in a research report on Friday, May 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Star Bulk Carriers in a report on Wednesday, June 24th. Finally, Wall Street Zen upgraded shares of Star Bulk Carriers from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Star Bulk Carriers presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.50.

Get Our Latest Analysis on SBLK

Insider Activity at Star Bulk Carriers

In related news, COO Nikolaos Reskos sold 33,103 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $26.28, for a total value of $869,946.84. Following the completion of the sale, the chief operating officer directly owned 407,775 shares of the company’s stock, valued at approximately $10,716,327. This represents a 7.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nikolaos Karellis sold 20,000 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $26.96, for a total value of $539,200.00. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 98,103 shares of company stock worth $2,635,792.

Institutional Trading of Star Bulk Carriers

Several institutional investors and hedge funds have recently made changes to their positions in the company. Triumph Capital Management purchased a new position in Star Bulk Carriers during the third quarter worth about $26,000. Rhumbline Advisers increased its stake in Star Bulk Carriers by 141.7% in the 3rd quarter. Rhumbline Advisers now owns 1,743 shares of the shipping company’s stock valued at $32,000 after buying an additional 1,022 shares during the last quarter. Sunbelt Securities Inc. bought a new position in shares of Star Bulk Carriers during the 3rd quarter worth approximately $33,000. Morse Asset Management Inc purchased a new position in shares of Star Bulk Carriers in the 3rd quarter worth approximately $37,000. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Star Bulk Carriers by 135.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,420 shares of the shipping company’s stock worth $42,000 after buying an additional 1,391 shares during the last quarter. Hedge funds and other institutional investors own 33.91% of the company’s stock.

About Star Bulk Carriers

(Get Free Report)

Star Bulk Carriers Corp is a global shipping company engaged in the ocean transport of dry bulk commodities. The company owns and operates a diversified fleet of bulk carriers, including Handymax, Supramax, Panamax and Capesize vessels. Its ships are designed to carry a broad range of cargoes, such as iron ore, coal, grain, bauxite and phosphate, catering to industrial and agricultural customers worldwide.

The company’s vessels operate on major trade routes across the Atlantic, Pacific and Indian Oceans, connecting producers and consumers in Asia, Europe, North and South America.

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Earnings History for Star Bulk Carriers (NASDAQ:SBLK)

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