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Star Group (SGU) Q3 Earnings Rise Y/Y on Higher Sales Volumes
ZACKS· 2024-08-01 17:11
Star Group, L.P. (SGU) reported strong third-quarter fiscal 2024 results, fueled by increased volumes and enhanced per-gallon gross margins. Strategic acquisitions have bolstered volume growth and operational efficiency. The company highlighted stable net customer attrition, underscoring its dedication to superior customer service and retention strategies. Q3 Results SGU reported a third-quarter fiscal 2024 loss per share of 31 cents, narrower than a loss of 67 cents incurred in the year-ago quarter. The ne ...
Star Bulk Announces Conversion of All Eagle Bulk Convertible Notes
GlobeNewswire News Room· 2024-08-01 17:00
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. Accordin ...
Star Group, L.P. Reports Fiscal 2024 Third Quarter Results
GlobeNewswire News Room· 2024-07-31 20:30
STAMFORD, Conn., July 31, 2024 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today announced financial results for its fiscal 2024 third quarter, the three month period ended June 30, 2024. Three Months Ended June 30, 2024 Compared to the Three Months Ended June 30, 2023 For the fiscal 2024 third quarter, Star reported a 10.5 percent increase in total revenue to $331.6 million compared with $300.1 million in the prior-year period, ...
Star Bulk Carriers: Strong Q1 Earnings, Much Higher Dividend, 7% Yield May Rise
Seeking Alpha· 2024-07-28 13:15
Net Debt Reduction (in $million) SBLK had $269M in cash as of 3/31/24. Hidden Dividend Stocks Plus | --- | --- | --- | --- | --- | |-----------------------|---------------------------|-------|----------------------------|----------------------------| | | | | | | | CLOSING PRICE 7/25/24 | ANALYSTS LOW PRICE TARGET | | ANALYSTS AVG. PRICE TARGET | ANALYSTS HIGH PRICE TARGET | | $22.80 | $26.40 | | $31.99 | $38.00 | | UPSIDE VARIANCE | 13.64% | | 28.73% | 40.00% | | 2/22/24 | $23.00 | | $26.28 | $29.50 | | CHA ...
DT Cloud Star Acquisition Corporation Announces Closing of $69 Million Initial Public Offering, Including Full Exercise of Underwriters' Over-Allotment Option
GlobeNewswire News Room· 2024-07-26 20:35
New York, New York, July 26, 2024 (GLOBE NEWSWIRE) -- DT Cloud Star Acquisition Corporation (Nasdaq: DTSQU, the "Company"), a newly organized blank check company incorporated in the Cayman Islands as a business company, today announced the closing of its previously announced initial public offering ("IPO") of 6,900,000 units at an offering price of $10.00 per unit. This includes the exercise in full by the underwriters' over-allotment option to purchase up to an additional 900,000 units. The units are liste ...
Five Star Bancorp Announces Second Quarter 2024 Results
GlobeNewswire News Room· 2024-07-24 22:30
James E. Beckwith, President and Chief Executive Officer, commented on the financial results: The ratio of allowance for credit losses to loans held for investment was 1.08% at June 30, 2024, as compared to 1.12% at December 31, 2023. Net Interest Income and Net Interest Margin Tangible shareholders' equity to tangible assets is defined as total equity less goodwill and other intangible assets, divided by total assets less goodwill and other intangible assets. The most directly comparable GAAP financial mea ...
Electronic Arts Q1 Preview: CF25 May Be The All-Star Quarterback It Needs
Seeking Alpha· 2024-07-24 00:16
master1305/iStock via Getty Images Management Needs to Upgrade Guidance To Improve Investor Sentiment Exhibit A: Electronic Arts versus the markets on a trailing 36-months basis (Seeking Alpha) However, Electronic Arts may just be on the brink of benefiting from a new wave of gaming dollars coming in with the robust demand seen in the recently launched College Football 2. Research from multiple gaming research firms indicates that ~2.2 million gamers may have paid to gain early access to EA's College Footba ...
Digital Finance's Rising Star: Why This Stock is Gaining Momentum
MarketBeat· 2024-07-22 14:11
| --- | --- | --- | --- | |-------------------------|-------|-------|-------| | | | | | | | | | | | ALLY | | | | | Ally Financial | | | | | $41.95 +0.09 (+0.22%) | | | | | 52-Week Range $22.54 | | | | | | | | | | ▼ | | | | | $44.50 | | | | | Dividend Yield 2.86% | | | | | P/E Ratio 17.12 | | | | | Price Target $42.78 | | | | | | | | | Ally Financial Inc. NYSE: ALLY is a digital financial services company offering a range of financial products to consumers and businesses. The company is a one-stop shop for f ...
Five Star Bancorp Declares Second Quarter Cash Dividend
GlobeNewswire News Room· 2024-07-19 16:30
RANCHO CORDOVA, Calif., July 19, 2024 (GLOBE NEWSWIRE) -- Five Star Bancorp (Nasdaq: FSBC) ("Five Star" or the "Company"), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the "Bank"), announced today the declaration of a cash dividend of $0.20 per share on the Company's voting common stock. The dividend is expected to be paid on August 12, 2024, to shareholders of record as of August 5, 2024. Five Star is a bank holding company headquartered in Rancho Cordova, Ca ...
Star Equity Holdings Announces Closing of Two Sale-Leaseback Transactions
GlobeNewswire News Room· 2024-07-19 12:30
South Paris, ME manufacturing facility operated by KBS Builders, Inc. ("KBS"), Star's modular manufacturing business, for approximately $5.6 million in net proceeds, and Big Lake, MN supply center and lumber yard facility operated by Glenbrook Building Supply, Inc. ("Glenbrook"), Star's building supplies distribution business, for approximately $2.7 million in net proceeds. This operating facility was acquired by Star in October 2023 with the Company's acquisition of Big Lake Lumber Inc. Simultaneously, the ...