Star Bulk Carriers (SBLK) to Post Earnings on Wednesday

Star Bulk Carriers (NASDAQ:SBLK) will likely be issuing its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.97 per share and revenue of $286.7180 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 11:00 AM ET.

Star Bulk Carriers Stock Performance

SBLK stock opened at $28.00 on Wednesday. Star Bulk Carriers has a 1-year low of $16.72 and a 1-year high of $28.50. The company has a current ratio of 1.73, a quick ratio of 1.55 and a debt-to-equity ratio of 0.32. The firm has a market cap of $3.18 billion, a PE ratio of 22.40 and a beta of 0.72. The business’s 50-day moving average price is $26.49 and its two-hundred day moving average price is $24.71.

Star Bulk Carriers Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Stockholders of record on Friday, June 12th were given a dividend of $0.50 per share. This is an increase from Star Bulk Carriers’s previous quarterly dividend of $0.37. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend was Friday, June 12th. Star Bulk Carriers’s payout ratio is 160.00%.

Insider Transactions at Star Bulk Carriers

In other news, Director Nikolaos Karellis sold 20,000 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $26.96, for a total value of $539,200.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Nikolaos Reskos sold 5,000 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $28.49, for a total value of $142,450.00. Following the transaction, the chief operating officer directly owned 362,775 shares of the company’s stock, valued at $10,335,459.75. This represents a 1.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 98,103 shares of company stock worth $2,635,792.

Hedge Funds Weigh In On Star Bulk Carriers

Large investors have recently bought and sold shares of the company. Royal Bank of Canada boosted its position in Star Bulk Carriers by 94.3% during the 1st quarter. Royal Bank of Canada now owns 117,275 shares of the shipping company’s stock worth $1,825,000 after acquiring an additional 56,930 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Star Bulk Carriers by 59.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,298,436 shares of the shipping company’s stock valued at $20,204,000 after purchasing an additional 485,436 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Star Bulk Carriers by 2.3% in the second quarter. Geode Capital Management LLC now owns 122,115 shares of the shipping company’s stock worth $2,106,000 after purchasing an additional 2,748 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Star Bulk Carriers by 673.1% in the second quarter. JPMorgan Chase & Co. now owns 49,471 shares of the shipping company’s stock worth $853,000 after purchasing an additional 43,072 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Star Bulk Carriers in the second quarter worth $1,444,000. Institutional investors and hedge funds own 33.91% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Jefferies Financial Group lifted their price objective on Star Bulk Carriers from $29.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Wall Street Zen upgraded shares of Star Bulk Carriers from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $32.00 price target on shares of Star Bulk Carriers in a research note on Friday, May 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Star Bulk Carriers in a report on Wednesday, June 24th. Finally, Zacks Research downgraded shares of Star Bulk Carriers from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $31.50.

Star Bulk Carriers Company Profile

Star Bulk Carriers Corp is a global shipping company engaged in the ocean transport of dry bulk commodities. The company owns and operates a diversified fleet of bulk carriers, including Handymax, Supramax, Panamax and Capesize vessels. Its ships are designed to carry a broad range of cargoes, such as iron ore, coal, grain, bauxite and phosphate, catering to industrial and agricultural customers worldwide.

The company’s vessels operate on major trade routes across the Atlantic, Pacific and Indian Oceans, connecting producers and consumers in Asia, Europe, North and South America.