SBLK's new dividend policy has reversed our prior optimism surrounding the dry bulker's investment thesis, as the management focuses on share repurchases, deleveraging, and fleet renewal. Even then, readers must note that its share retirement is likely to be lumpy, attributed to the uncertain timing in its fleet sale and delivery. This is on top of SBLK's underwhelming FQ1'25 contracted TCE rat...
ATHENS, Greece, Feb. 18, 2025 (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 its unaudited financial and operating results for the fourth quarter of 2024 and the year ended December 31, 2024. Unless otherwise indicated or unless the context requires otherwis...
The Dividend Power strategy focuses on stocks with high earnings and dividend yields, creating a resilient portfolio for both downturns and bull markets. Top five Dividend Power stocks for February 2025 include Black Stone Minerals, AG Mortgage Investment, Golden Ocean, ARMOUR Residential, and Invesco Mortgage Capital. Analysts project significant net gains for top Dividend Power stocks, with A...
ATHENS, Greece, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the fourth quarter ended December 31, 2024, after the market closes in New York on Tuesday, February 18, 2025. Star Bulk's management team will host a conference call to discuss the Company's financial results on Wednesday...
Star bulk 3W2024 Adjusted EBITDA was $144 millions, if we annualize this value, with the current EV of $2.83 billion, that gives us an EV/EBITDA ratio of 4.9x. A negative point to highlight is the increase in daily OPEX per vessel. While 3Q2024 closed at $5,287, 3Q2023 closed at $4,914. On the commoditie transport demand side, we can see that sustained growth has been maintained over the last 1...
Star Bulk Carriers: Lower Dividends On The Horizon
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