Added to YB: 2026-05-25
Pitch date: 2026-05-22
SBLK [bullish]
Star Bulk Carriers Corp.
+10.86%
current return
Author Info
Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.
Company Info
Star Bulk Carriers Corp. provides international seaborne transportation services for dry bulk commodities.
Market Cap
$3.6B
Pitch Price
$25.95
Price Target
N/A
Dividend
1.79%
EV/EBITDA
8.39
P/E
12.75
EV/Sales
3.57
Sector
Marine Transportation
Category
value
2026 Shipping Primer: The Trade of the Year - Star Bulk Carriers Corp.
SBLK: 145-vessel dry bulk fleet, 14M DWT, ~11.9yr avg age. High operating leverage: at $20.5k/day TCE yields 13% FCF ($3.40/share); $23.5k → 17.8% ($4.70); $26.5k → 22.6% ($6/share). Net debt slashed 63% since Q1 2021 to $542M; scrap value $975M > gross debt $951M. Trades below NAV despite strong execution & rising dividends.
Read full article (2 min)