Star Bulk Carriers Corp (NASDAQ: SBLK): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that REMINDER – Leading Dry Bulk & Container Shipping Companies Participating at Capital Link’s 18th Annual International Shipping Forum Monday, March 11, 2024 in New York City.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

SBLK belongs to the Industrials sector of the NASDAQ while operating in the Marine Shipping industry. The current market capitalization of Star Bulk Carriers Corp is $2.02B. A total of 1.51 million shares were traded on the day, compared to an average of 1.46M shares.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Star Bulk Carriers Corp pays an annual dividend of $1.42, resulting in a dividend yield of 5.91%, and it has a price to earnings (P/E) ratio of 13.48. SBLK’s most recent ex-dividend date was 3/11/2024 when it declared a $0.45 quarterly dividend that was paid in cash on 3/28/2024. Previously, the company paid the dividend on 12/18/2023 with an ex-dividend date of 12/4/2023. The SBLK stock dividend was $0.22 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, SBLK has a high of $25.16 and a low of $16.57.

As of this writing, SBLK has an earnings estimate of $0.8 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.84 per share and a lower estimate of $0.76. The company reported an EPS of $0.34 in the last quarter, which was 25.90% higher than expectations of $0.27.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. SBLK’s latest balance sheet shows that the firm has $450.29M in Cash & Short Term Investments as of fiscal 2021. There were $1.59B in debt and $290.80M in liabilities at the time. Its Book Value Per Share was $19.76, while its Total Shareholder’s Equity was $2.08B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SBLK is Buy with a score of 5.00.

Most Popular

Related Posts