Added to YB: 2025-12-05
Pitch date: 2025-10-06
SBLK [bullish]
Star Bulk Carriers Corp.
+63.6%
current return
Author Info
No bio for this author
Company Info
Star Bulk Carriers Corp. provides international seaborne transportation services for dry bulk commodities.
Market Cap
$3.6B
Pitch Price
$17.10
Price Target
N/A
Dividend
1.79%
EV/EBITDA
8.39
P/E
12.75
EV/Sales
3.57
Sector
Marine Transportation
Category
value
Star Bulk Carriers Corp. - $SBLK
SBLK: Largest pure-play dry bulk shipper at ~30% discount to NAV despite low leverage. Strong capital allocation: $2.5B returned vs $2.1B market cap. Frederiksen acquired 11.7% stake + board seat, potential catalyst. Simandou iron ore project (3x Australia distance to China) launching, order book only 10-11% vs 20s% historical avg, aging fleet creates supply/demand tightening. Net debt below scrap value limits downside.
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