ATHENS, Greece, Aug. 07, 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, announced today the resignation of Mr. Sherman Lau, a Class B Director since May 2021. Ms. Milena Maria Pappas has been appointed by the Board, as Class B Director, to fill the seat made vacant by the resignation of Mr. Lau. The Board currently consists of ten directors. Petros Pappas, Chief Executive Officer of ...

ATHENS, Greece, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ:SBLK), today announced that all the 5% Convertible Senior Notes, issued in July 2019 by our wholly-owned subsidiary, Eagle Bulk Shipping Inc. ("Convertible Notes'') maturing on August 1, 2024, were converted into 5,971,290 newly issued shares of Star Bulk common stock, basis a conversion ratio of 86.0801 shares of Star Bulk common stock per $1,000 principal amount of Convertible Notes. According ...

Star Bulk Carriers (SBLK) closed at $22.54 in the latest trading session, marking a +0.04% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.08%. Meanwhile, the Dow gained 0.75%, and the Nasdaq, a tech-heavy index, added 2.64%.The shipping company's stock has dropped by 9.3% in the past month, falling short of the Transportation sector's gain of 0.95% and the S&P 500's loss of 0.44%.Analysts and investors alike will be keeping a close eye on the performance of Star Bu ...

Star Bulk Carriers (SBLK) is scheduled to report second-quarter 2024 results on Aug 7, after market close.The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at 79 cents per share and $329.4 million, respectively.The earnings estimate for the to-be-reported quarter has declined 1.3% in the past 60 days. The bottom-line projection indicates year-over-year growth of 68.1%. The Zacks Consensus Estimate for quarterly revenues indicates a year-over-year increase of 38%.S ...

The latest trading session saw Star Bulk Carriers (SBLK) ending at $22.80, denoting a -1.68% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.51%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, lost 0.93%.Coming into today, shares of the shipping company had lost 5.46% in the past month. In that same time, the Transportation sector lost 1.66%, while the S&P 500 lost 0.26%.Market participants will be closely following the financial re ...

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ATHENS, Greece, July 09, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ:SBLK), today announced that it will release its results for the second quarter ended June 30, 2024, after the market closes in New York on Wednesday, August 7, 2024. Star Bulk's management team will host a conference call to discuss the Company's financial results on Thursday, August 8, 2024 at 11:00 a.m. Eastern Time (ET). Conference Call details: Participants should dial into the call 10 minut ...

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 ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?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 currently has ...

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 ...