Star Bulk Carriers (SBLK) ended the recent trading session at $14.68, demonstrating no swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.88% for the day. Meanwhile, the Dow gained 1.24%, and the Nasdaq, a tech-heavy index, added 0.65%.Heading into today, shares of the shipping company had lost 3.74% over the past month, lagging the Transportation sector's gain of 2.17% and the S&P 500's gain of 1.17% in that time.The upcoming earnings release of ...

Star Bulk Carriers (SBLK) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this shipping company have returned 0% over the past month versus the Zacks S&P 500 composite's -1.6% change. The Zacks Transportation - Shipping industry, to which Star Bulk Carriers belongs, has gained 6.9% over this period. Now the key question is: Where could the stock be headed in the near term?Alt ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Star Bulk Carriers (SBLK) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Star Bulk Carriers curr ...

In the latest market close, Star Bulk Carriers (SBLK) reached $14.94, with a -0.4% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.39%. Elsewhere, the Dow saw a downswing of 0.61%, while the tech-heavy Nasdaq depreciated by 0.32%.Shares of the shipping company have depreciated by 26.61% over the course of the past month, underperforming the Transportation sector's loss of 2.85% and the S&P 500's gain of 3.6%.The investment community will be closely monit ...

ATHENS, Greece, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced that the Company’s Board further amended its dividend policy which was in place since 2021. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to "we," "us," "our," or similar references, mean Star Bulk Carriers Corp. and, where applicable, ...

Plenty of vertical industries will see increases in volatility when and if oil prices begin to move away from the cyclical lows they currently trade at. While some investors might see volatility as potentially dangerous, those who have been in the stock market long enough understand that volatility allows money to be made as long as the original idea behind a trade is sound enough. Today, there are plenty of tailwinds behind oil and the rest of the energy sector. These tailwinds could send oil prices back t ...

Eagle Merger On December 11, 2023, we entered into a definitive agreement with Eagle (the "Eagle Merger Agreement") to combine in an all-stock merger (the "Eagle Merger"). The Eagle Merger was completed on April 9, 2024 following Eagle shareholders' approval and receipt of applicable regulatory approvals and satisfaction of customary closing conditions. Each Eagle shareholder received 2.6211 shares of Star Bulk common stock for each share of Eagle common stock owned, which resulted in the issuance of 28,082 ...

Star Bulk Carriers Corp. (NASDAQ:SBLK) Q3 2024 Earnings Conference Call November 20, 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 Nicolaus Christopher Robertson - Deutsche Bank Bendik Folden Nyttingnes - Clark ...

November 2024 FINANCIAL RESULTS Q3 2024 Forward-Looking Statements This presentation contains certain forward-looking statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may include statements concerning the Company's plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts, identified by words such a ...

Star Bulk Carriers (SBLK) came out with quarterly earnings of $0.71 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this shipping company would post earnings of $0.79 per share when it actually produced earnings of $0.78, delivering a surprise of -1.27%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Star Bulk Carriers, ...