Core Viewpoint - Wall Street analysts' recommendations, particularly for Star Bulk Carriers (SBLK), show a strong average brokerage recommendation (ABR) of 1.00, indicating a Strong Buy, but the reliability of these recommendations is questionable due to potential biases from brokerage firms [1][2]. Brokerage Recommendation Trends for SBLK - The current ABR for SBLK is 1.00, based on four Strong Buy recommendations from brokerage firms, representing 100% of the recommendations [1]. - Studies indicate that brokerage recommendations often lack success in guiding investors towards stocks with significant price appreciation potential [2]. - Brokerage firms tend to exhibit a strong positive bias, with a ratio of five Strong Buy recommendations for every Strong Sell [2][3]. Zacks Rank vs. ABR - Zacks Rank, a proprietary stock rating tool, categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, which correlate strongly with near-term stock price movements [3][5]. - The ABR is calculated solely from brokerage recommendations and may not be up-to-date, while Zacks Rank reflects timely earnings estimate revisions [4][5]. Investment Viability of SBLK - The Zacks Consensus Estimate for SBLK has declined by 1.6% over the past month to $3.75, indicating growing pessimism among analysts regarding the company's earnings prospects [6]. - This decline in earnings estimates has resulted in a Zacks Rank of 5 (Strong Sell) for SBLK, suggesting caution despite the Buy-equivalent ABR [6].

Core Viewpoint - Wall Street analysts' recommendations, particularly for Star Bulk Carriers (SBLK), show a strong positive bias, with an average brokerage recommendation (ABR) of 1.00 indicating a Strong Buy, but this may not accurately reflect the stock's potential for price appreciation [1][2]. Group 1: Brokerage Recommendations - Star Bulk Carriers has an ABR of 1.00, with all four brokerage recommendations classified as Strong Buy, representing 100% of the recommendations [1]. - Despite the strong ABR, studies indicate that brokerage recommendations often fail to guide investors effectively towards stocks with high price appreciation potential [2]. - Brokerage analysts tend to exhibit a strong positive bias in their ratings, with five "Strong Buy" recommendations for every "Strong Sell" recommendation [2][3]. Group 2: Zacks Rank Comparison - The Zacks Rank, a proprietary stock rating tool, categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, making it a more reliable indicator of near-term stock performance [3][5]. - The Zacks Rank is distinct from the ABR, as it is a quantitative model that reflects timely earnings estimate revisions, while the ABR may not be up-to-date [4][6]. - Star Bulk Carriers currently holds a Zacks Rank of 3 (Hold), indicating a cautious outlook despite the strong ABR [7]. Group 3: Earnings Estimates - The Zacks Consensus Estimate for Star Bulk Carriers remains unchanged at $3.78 for the current year, suggesting stable analyst views on the company's earnings prospects [7]. - The unchanged consensus estimate may lead to the stock performing in line with the broader market in the near term [7].

FINANCIAL RESULTS Q1 2024 MAY 2024 Forward-Looking Statements Thispresentationcontainscertainforward-lookingstatements.ThesestatementsaremadepursuanttothesafeharborprovisionsofthePrivateSecuritiesLitigationReformActof1995.Such statementsmayincludestatementsconcerningtheCompany’splans,objectives,goals,strategies,futureeventsorperformance,andunderlyingassumptionsandotherstatements,whichare other than statements of historical facts, identified by words such as “believe,” “expect,” “anticipate,” “estimate,” “in ...

Star Bulk Carriers Corp (NASDAQ:SBLK) Q1 2024 Earnings Conference Call May 23, 2024 11:00 AM ET Company Participants Petros Pappas - Chief Executive Officer Hamish Norton - President Simos Spyrou - Co-Chief Financial Officer Christos Begleris - Co-Chief Financial Officer Nicos Rescos - Chief Operating Officer Charis Plakantonaki - Chief Strategy Officer Conference Call Participants Omar Nokta - Jefferies Ben Nolan - Stifel Operator Thank you for standing by ladies and gentlemen. Welcome to the Star Bulk Ca ...

Exhibit 99.1 MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following is a discussion of the financial condition and results of operations of Star Bulk Carriers Corp. ("Star Bulk") for the three-month periods ended March 31, 2023 and 2024. Unless otherwise specified herein, references to the "Company," "we," "us" or "our" shall include Star Bulk and its subsidiaries. You should read the following discussion and analysis together with the unaudited interim condensed ...

Star Bulk Carriers (SBLK) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this shipping company have returned +10.1%, compared to the Zacks S&P 500 composite's +5% change. During this period, the Zacks Transportation - Shipping industry, which Star Bulk Carriers falls in, has gained 17.5%. The key question now is: What could be the stock's future d ...

Star Bulk Carriers Corp. (SBLK) is scheduled to report first-quarter 2024 results on May 22, after market close.The Zacks Consensus Estimate for SBLK’s first-quarter 2024 earnings has been revised upward by 18.9% in the past 90 days. The company also has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in three of the preceding four quarters (missed the mark in the remaining quarter), the average beat being 37.66%.Let’s see how things have shaped up for Star Bulk Car ...

Star Bulk Carriers (SBLK) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, th ...

Star Bulk Carriers (SBLK) closed the most recent trading day at $25.70, moving +0.12% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.02%. Meanwhile, the Dow experienced a drop of 0.21%, and the technology-dominated Nasdaq saw an increase of 0.29%.The shipping company's stock has climbed by 11.17% in the past month, exceeding the Transportation sector's gain of 0.29% and the S&P 500's gain of 1.29%.The investment community will be closely monitoring the perf ...

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting the utility of a "Recent Price Strength" screen to identify stocks with strong fundamentals and upward momentum. Group 1: Stock Performance - Star Bulk Carriers (SBLK) has shown a solid price increase of 17.8% over the past 12 weeks, indicating investor confidence in its potential upside [2] - In the last four weeks, SBLK's price has increased by 11.2%, suggesting that the upward trend is still intact [2] - SBLK is currently trading at 95.8% of its 52-week High-Low Range, indicating a potential breakout [2] Group 2: Fundamental Strength - SBLK holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [3] - The Zacks Rank system has a strong historical performance, with Rank 1 stocks generating an average annual return of +25% since 1988 [3] - The Average Broker Recommendation for SBLK is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [3] Group 3: Investment Strategy - The article suggests that SBLK is a strong candidate for trend investors and encourages exploring other stocks that meet the "Recent Price Strength" criteria [4] - It mentions the availability of over 45 Zacks Premium Screens tailored to different investing styles, which can help identify winning stock picks [4] - The Zacks Research Wizard tool allows backtesting of stock-picking strategies to ensure past profitability [4]