We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Star Bulk Carriers (SBLK) Outperforms Broader Market: What You Need to Know
Read MoreHide Full Article
In the latest close session, Star Bulk Carriers (SBLK - Free Report) was up +2.38% at $28.01. The stock outperformed the S&P 500, which registered a daily gain of 1.31%. On the other hand, the Dow registered a gain of 0.49%, and the technology-centric Nasdaq increased by 1.6%.
Heading into today, shares of the shipping company had lost 8.16% over the past month, lagging the Transportation sector's gain of 6.27% and the S&P 500's loss of 3.66%.
Analysts and investors alike will be keeping a close eye on the performance of Star Bulk Carriers in its upcoming earnings disclosure. The company's earnings report is set to go public on November 18, 2026. The company is predicted to post an EPS of $1.33, indicating a 375% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $395.63 million, indicating a 49.94% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.53 per share and a revenue of $1.44 billion, indicating changes of +367.01% and +38.29%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for Star Bulk Carriers. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Star Bulk Carriers is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, Star Bulk Carriers is presently trading at a Forward P/E ratio of 6.04. This represents a discount compared to its industry average Forward P/E of 7.
Also, we should mention that SBLK has a PEG ratio of 0.11. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Transportation - Shipping industry currently had an average PEG ratio of 0.81 as of yesterday's close.
The Transportation - Shipping industry is part of the Transportation sector. Currently, this industry holds a Zacks Industry Rank of 30, positioning it in the top 13% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow SBLK in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
Image: Bigstock
Star Bulk Carriers (SBLK) Outperforms Broader Market: What You Need to Know
In the latest close session, Star Bulk Carriers (SBLK - Free Report) was up +2.38% at $28.01. The stock outperformed the S&P 500, which registered a daily gain of 1.31%. On the other hand, the Dow registered a gain of 0.49%, and the technology-centric Nasdaq increased by 1.6%.
Heading into today, shares of the shipping company had lost 8.16% over the past month, lagging the Transportation sector's gain of 6.27% and the S&P 500's loss of 3.66%.
Analysts and investors alike will be keeping a close eye on the performance of Star Bulk Carriers in its upcoming earnings disclosure. The company's earnings report is set to go public on November 18, 2026. The company is predicted to post an EPS of $1.33, indicating a 375% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $395.63 million, indicating a 49.94% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.53 per share and a revenue of $1.44 billion, indicating changes of +367.01% and +38.29%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for Star Bulk Carriers. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Star Bulk Carriers is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, Star Bulk Carriers is presently trading at a Forward P/E ratio of 6.04. This represents a discount compared to its industry average Forward P/E of 7.
Also, we should mention that SBLK has a PEG ratio of 0.11. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Transportation - Shipping industry currently had an average PEG ratio of 0.81 as of yesterday's close.
The Transportation - Shipping industry is part of the Transportation sector. Currently, this industry holds a Zacks Industry Rank of 30, positioning it in the top 13% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow SBLK in the coming trading sessions, be sure to utilize Zacks.com.