SBLK Star Bulk Carriers Corp. - Common Shares
NASDAQ · Marine · View on SEC EDGAR ↗ 10-K/10-Q Mar 19, 2026
$28.98
· of 52w range
· above low
· to high
$17.5952w low
$32.8852w high
Market Cap
$3.29B
P/E
39.7
EPS
$0.73
Revenue
$1.04B
your badges
52W Range
$18–$33
Analyst Rating
BUY
Price Target
$34
P/E
39.7
ROE
3.4%
Net Profit Margin
8.1%
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SBLK Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$28.98
Market Cap
$3.29B
P/E
39.7
EPS
$0.73
Revenue
$1.04B
Div Yield
1.0%
ROE
3.4%
52W Range
$18–$33
SBLK Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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Stock splits
| Ex-date | Split | Type |
|---|---|---|
| June 20, 2016 | 1-for-5 | Reverse |
| Oct. 15, 2012 | 1-for-15 | Reverse |
| Nov. 25, 2008 | 513-for-500 | Forward |
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$1.04B2016-12-31 → 2025-12-31
EPS$0.732016-12-31 → 2025-12-31
Free Cash Flow$212M2016-12-31 → 2025-12-31
Net margin8.1%2016-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | SBLK | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E | 39.75Y avg ≈10.1 | ≈10.1 | 9.1 | Overvalued | |
| P/S | 3.25Y avg ≈1.7 | ≈1.7 | 1.4 | Overvalued | |
| P/B | 1.35Y avg ≈1.0 | ≈1.0 | 0.6 | Overvalued | |
| Price / FCF | 15.55Y avg ≈5.3 | ≈5.3 | · | · | |
| Price / Cash Flow | 11.15Y avg ≈4.4 | ≈4.4 | 3.3 | Overvalued | |
| Price / Tangible Book | 1.35Y avg ≈1.0 | ≈1.0 | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | SBLK | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin | 13.1%5Y avg ≈32.5% | ≈32.5% | 19.8% | Weak | |
| EBITDA Margin | 13.1%5Y avg ≈32.5% | ≈32.5% | 26.7% | Weak | |
| Pretax Margin | 8.2%5Y avg ≈27.5% | ≈27.5% | · | · | |
| Net Profit Margin | 8.1%5Y avg ≈27.5% | ≈27.5% | 10.9% | Weak | |
| ROA | 2.1%5Y avg ≈10.3% | ≈10.3% | 2.9% | Below avg | |
| ROE | 3.4%5Y avg ≈18.5% | ≈18.5% | 3.5% | Weak | |
| ROIC | 5.6%5Y avg ≈20.2% | ≈20.2% | · | · |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | SBLK | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Current Ratio | 1.85Y avg ≈1.8 | ≈1.8 | 2.3 | Below avg | |
| Quick Ratio | 1.55Y avg ≈1.3 | ≈1.3 | 1.4 | In line | |
| Interest Coverage | 1.95Y avg ≈6.8 | ≈6.8 | 1.5 | Strong liquidity |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
No data for this ratio group yet
Not enough fundamentals data to compute this ratio group yet.
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | SBLK | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.35Y avg ≈0.3 | ≈0.3 | 0.2 | Top tier | |
| Receivables Turnover | 12.85Y avg ≈16.7 | ≈16.7 | 36.1 | Weak | |
| Revenue / Employee | ≈$3.5M | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield1.0%
Payout Ratio40.8%
Annualized Payout≈$3.60
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Aug 21, 2026 | $0.90 | USD | ≈6.3% |
| Jun 12, 2026 | $0.50 | USD | ≈3.8% |
| Mar 9, 2026 | $0.37 | USD | ≈2.4% |
| Dec 5, 2025 | $0.11 | USD | ≈1.5% |
| Aug 28, 2025 | $0.05 | USD | ≈4.2% |
| Jun 6, 2025 | $0.05 | USD | ≈8.6% |
| Mar 4, 2025 | $0.09 | USD | ≈13.8% |
| Dec 5, 2024 | $0.60 | USD | ≈15.2% |
| Aug 27, 2024 | $0.70 | USD | ≈10.0% |
| Jun 6, 2024 | $0.75 | USD | ≈7.1% |
| Mar 11, 2024 | $0.45 | USD | ≈5.9% |
| Dec 4, 2023 | $0.22 | USD | ≈7.2% |
| Aug 21, 2023 | $0.40 | USD | ≈24.0% |
| Jun 6, 2023 | $0.35 | USD | ≈20.5% |
| Feb 27, 2023 | $0.60 | USD | ≈21.3% |
| Nov 29, 2022 | $1.20 | USD | ≈34.0% |
| Aug 24, 2022 | $1.65 | USD | ≈27.8% |
| Jun 2, 2022 | $1.65 | USD | ≈17.9% |
| Mar 1, 2022 | $2.00 | USD | ≈15.6% |
| Dec 9, 2021 | $1.25 | USD | ≈10.5% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
28.9%
Next Report
Nov 18, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 4, 2026 | $1.21 | $1.02 | 18.2% |
| March 31, 2026 | May 20, 2026 | $0.56 | $0.45 | 24.1% |
| Dec. 31, 2025 | $0.65 | $0.65 | 0.51% | |
| Sept. 30, 2025 | $0.28 | $0.46 | -39.3% | |
| June 30, 2025 | $0.11 | $0.06 | 92.6% | |
| March 31, 2025 | $-0.07 | $-0.31 | 77.4% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.04B | $1.27B | $949M | $1.44B | $1.43B | $693M | $821M | $652M | $332M | $222M | $234M | $147M | |
| SG&A Expense | $71M | $71M | $54M | $57M | $40M | $32M | $35M | $34M | $31M | $25M | $24M | $33M | |
| Operating Expenses | $906M | $882M | $711M | $830M | $688M | $609M | $748M | $520M | $293M | $331M | $660M | $149M | |
| Operating Income | $137M | $383M | $238M | $608M | $739M | $84M | $74M | $132M | $39M | $-109M | $-426M | $-1M | |
| Interest Expense | $71M | $92M | $71M | $53M | $56M | $70M | $88M | $74M | $50M | $40M | $36M | $15M | |
| Other Non-op | $-52M | $-78M | $-65M | $-41M | $-59M | $-74M | $-90M | $-74M | $-48M | $-45M | $-33M | $-10M | |
| Pretax Income | $85M | $305M | $174M | $566M | $680M | $10M | $-16M | $58M | $-10M | $-154M | $-458M | $-12M | |
| Income Tax | $0 | $-116.0K | $183.0K | $244.0K | $16.0K | $152.0K | $109.0K | $61.0K | $236.0K | $267.0K | $0 | $0 | |
| Net Income | $84M | $305M | $174M | $566M | $681M | $10M | $-16M | $58M | $-10M | $-154M | $-458M | $-12M | |
| EPS (Basic) | $0.73 | $2.85 | $1.76 | $5.54 | $6.73 | $0.10 | $-0.17 | $0.76 | $-0.16 | $-3.24 | $-11.71 | $-1.00 | |
| EPS (Diluted) | $0.73 | $2.80 | $1.75 | $5.52 | $6.71 | $0.10 | $-0.17 | $0.76 | $-0.16 | $-3.24 | $-11.71 | $-1.00 | |
| Shares (Basic) | 115,002,721 | 106,883,330 | 98,457,929 | 102,153,255 | 101,183,829 | 96,128,173 | 93,735,549 | 77,061,227 | 63,034,394 | 47,574,454 | 39,124,673 | 11,688,239 | |
| Shares (Diluted) | 115,420,379 | 108,702,988 | 98,928,011 | 102,536,966 | 101,479,072 | 96,281,389 | 93,735,549 | 77,326,111 | 63,034,394 | 47,574,454 | 39,124,673 | 11,688,239 | |
| EBITDA | $137M | $383M | $238M | $608M | $739M | $84M | $74M | $132M | $39M | $-109M | $-426M | $-1M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $489M | $425M | $227M | $270M | $450M | $183M | $118M | $205M | $258M | $182M | $208M | $86M | |
| Receivables | $84M | $79M | $69M | $84M | $81M | $38M | $59M | $38M | $19M | $13M | $11M | $25M | |
| Inventory | $51M | $79M | $62M | $67M | $75M | $47M | $51M | $27M | $19M | $15M | $14M | $14M | |
| Prepaid Expense | $13M | $19M | $19M | $26M | $29M | $18M | $18M | $7M | $4M | $6M | $9M | $4M | |
| Other Current Assets | $35M | $44M | $23M | $15M | $15M | $13M | $11M | $7M | $5M | $6M | $5M | $1M | |
| Current Assets | $683M | $659M | $454M | $502M | $683M | $307M | $266M | $299M | $313M | $228M | $252M | $134M | |
| PP&E (Net) | $2.96B | $3.24B | $2.54B | $2.88B | $3.01B | $2.88B | $2.97B | $2.72B | $1.82B | $1.77B | $1.89B | $1.90B | |
| PP&E (Gross) | · | · | · | · | · | · | · | · | · | · | · | $1.64B | |
| Accum. Depreciation | · | · | · | · | · | · | · | · | · | · | · | $201M | |
| Intangibles | · | · | · | · | · | · | · | · | · | $0 | $254.0K | $12M | |
| Other Non-current Assets | $317.0K | $354.0K | $0 | · | · | $35.0K | $4M | $4M | $0 | $2M | $0 | · | |
| Total Assets | $3.81B | $4.09B | $3.03B | $3.43B | $3.75B | $3.19B | $3.24B | $3.02B | $2.15B | $2.01B | $2.15B | $2.06B | |
| Accrued Liabilities | $39M | $63M | $31M | $34M | $31M | $21M | $47M | $17M | $11M | $12M | $15M | $14M | |
| Current Liabilities | $384M | $400M | $359M | $283M | $291M | $266M | $311M | $223M | $219M | $28M | $167M | $140M | |
| Capital Leases | $128M | $156M | $23M | $28M | $48M | $886.0K | $1M | $0 | $215M | $153M | $75M | $0 | |
| Other Non-current Liabilities | $651.0K | $850.0K | $1M | $831.0K | $1M | $1M | $770.0K | $668.0K | $560.0K | $468.0K | $431.0K | $266.0K | |
| Total Liabilities | $1.36B | $1.60B | $1.37B | $1.41B | $1.67B | $1.64B | $1.69B | $1.50B | $1.06B | $974M | $1.01B | $908M | |
| Long-term Debt | · | · | · | · | · | · | · | · | · | · | $912M | $862M | |
| Common Stock | $1M | $1M | $840.0K | $1M | $1M | $971.0K | $961.0K | $926.0K | $642.0K | $566.0K | $438.0K | $1M | |
| Retained Earnings | $-556M | $-606M | $-633M | $-649M | $-546M | $-996M | $-1.00B | $-980M | $-1.04B | $-1.03B | $-872M | $-414M | |
| Treasury Stock | · | · | · | · | $0 | $93.0K | $93.0K | $3M | $0 | · | · | · | |
| AOCI | $321.0K | $2M | $5M | $21M | $7M | $-4M | $0 | $0 | $605.0K | $-294.0K | $-1M | $-378.0K | |
| Stockholders' Equity | $2.45B | $2.48B | $1.66B | $2.02B | $2.08B | $1.55B | $1.54B | $1.52B | $1.09B | $1.04B | $1.14B | $1.15B | |
| Liabilities + Equity | $3.81B | $4.09B | $3.03B | $3.43B | $3.75B | $3.19B | $3.24B | $3.02B | $2.15B | $2.01B | $2.15B | $2.06B | |
| Shares Outstanding | 113,424,507 | 117,630,112 | 84,016,892 | 102,857,416 | 102,294,758 | 97,139,716 | 96,066,226 | 92,285,986 | 64,160,004 | 56,628,907 | 43,821,114 | 109,426,236 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $18M | $18M | $21M | $28M | $10M | $5M | $8M | $8M | $9M | $4M | $3M | $6M | |
| Operating Cash Flow | $296M | $471M | $336M | $770M | $767M | $171M | $89M | $169M | $83M | $-33M | $-15M | $13M | |
| CapEx | $84M | $55M | $18M | $25M | $130M | $72M | $347M | $329M | $144M | $396M | $474M | $518M | |
| Investing Cash Flow | $101M | $356M | $236M | $-21M | $-121M | $-66M | $-280M | $-325M | $-127M | $-13M | $-398M | $-437M | |
| Stock Issued | $0 | $0 | $13M | $20M | $0 | $0 | $0 | $0 | $51M | $51M | $419M | $0 | |
| Stock Repurchased | $98M | $25M | $393M | $20M | $10M | $0 | $21M | $3M | $0 | $0 | · | $0 | |
| Net Stock Activity | $-98M | $-25M | $-380M | $-276.0K | $-10M | · | $-21M | $-3M | $51M | $51M | $419M | $0 | |
| Dividends Paid | $34M | $277M | $158M | $668M | $230M | $5M | $5M | · | · | · | · | $0 | |
| Financing Cash Flow | $-336M | $-648M | $-596M | $-936M | $-368M | $-35M | $104M | $97M | $122M | $20M | $534M | $457M | |
| Net Change in Cash | $61M | $179M | $-25M | $-187M | $278M | $69M | $-88M | $-60M | $78M | $-26M | $122M | $32M | |
| Free Cash Flow | $212M | $416M | $318M | $744M | $637M | $98M | $-259M | $-160M | $-63M | $-430M | $-488M | $-506M | |
| Levered FCF | $141M | $324M | $246M | $692M | $581M | $30M | $-347M | $-230M | $-113M | $-470M | · | · |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 13.1% | 30.3% | 25.1% | 42.3% | 51.8% | 12.1% | 9.0% | 20.2% | 11.7% | -49.2% | -181.7% | -0.97% | |
| Net Margin | 8.1% | 24.1% | 18.3% | 39.4% | 47.7% | 1.4% | -2.0% | 9.0% | -2.9% | -69.4% | -195.6% | -8.0% | |
| Pretax Margin | 8.2% | 24.1% | 18.3% | 39.4% | 47.7% | 1.4% | -2.0% | 9.0% | -2.9% | -69.3% | · | · | |
| EBITDA Margin | 13.1% | 30.3% | 25.1% | 42.3% | 51.8% | 12.1% | 9.0% | 20.2% | 11.7% | -49.2% | -181.7% | -0.97% | |
| ROA | 2.1% | 8.6% | 5.4% | 15.8% | 19.6% | 0.30% | -0.52% | 2.3% | -0.47% | -7.4% | -21.7% | -0.93% | |
| ROE | 3.4% | 14.7% | 9.4% | 27.6% | 37.5% | 0.62% | -1.1% | 4.5% | -0.92% | -14.2% | -40.0% | -1.7% | |
| ROIC | 5.6% | 15.4% | 14.3% | 30.1% | 35.5% | 5.3% | 4.8% | 8.7% | 3.7% | -10.5% | · | · |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.8 | 1.6 | 1.3 | 1.8 | 2.3 | 1.2 | 0.9 | 1.3 | 1.4 | 8.1 | 1.5 | 1.0 | |
| Quick Ratio | 1.5 | 1.3 | 0.8 | 1.3 | 1.8 | 0.8 | 0.6 | 1.1 | 1.3 | 6.9 | 1.3 | 0.8 | |
| Interest Coverage | 1.9 | 4.2 | 3.3 | 11.6 | 13.2 | 1.2 | 0.8 | 1.9 | 0.8 | -2.7 | · | · |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.4 | 0.3 | 0.4 | 0.4 | 0.2 | 0.3 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | |
| Receivables Turnover | 12.8 | 17.1 | 12.4 | 17.4 | 24.0 | 14.3 | 16.9 | 22.9 | 21.4 | 18.9 | 13.1 | 10.5 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $21.59 | $21.10 | $19.76 | $19.63 | $20.33 | $15.95 | $16.07 | $16.47 | $16.96 | $18.32 | $5.18 | $10.55 | |
| Revenue / Share | $9.03 | $11.64 | $9.60 | $14.02 | $14.07 | $7.20 | $8.76 | $8.43 | $5.27 | $4.67 | $1.20 | $2.52 | |
| Cash Flow / Share | $2.56 | $4.33 | $3.39 | $7.51 | $7.56 | $1.77 | $0.94 | $2.19 | $1.28 | $-0.70 | $-0.07 | $0.22 | |
| Cash / Share | $4.31 | $3.61 | $2.71 | $2.62 | $4.40 | $1.89 | $1.23 | $2.22 | $4.02 | $3.21 | $0.95 | $0.79 | |
| Dividend / Share | $0.30 | $2.50 | $1.57 | $6.50 | $2.25 | $0.05 | $0.05 | · | · | · | · | · | |
| Dividend Paid / Share | $0.30 | $2.50 | $1.57 | $6.50 | $2.25 | $0.05 | $0.05 | · | · | · | · | · | |
| EPS (TTM) | $0.73 | $2.80 | $1.75 | $5.52 | $6.71 | $0.10 | $-0.17 | $0.76 | $-0.16 | $-3.24 | $-11.71 | $-1.00 |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.04B | $1.27B | $949M | $1.44B | $1.43B | $693M | $821M | $652M | $332M | $222M | $234M | $147M | |
| Net Income TTM | $84M | $305M | $174M | $566M | $681M | $10M | $-16M | $58M | $-10M | $-154M | $-458M | $-12M | |
| Market Cap | $2.18B | $1.76B | $1.79B | $1.98B | $2.32B | $858M | $1.13B | $843M | $722M | $289M | $668M | $3.59B | |
| P/E | 26.3 | 5.3 | 12.1 | 3.5 | 3.4 | 88.3 | -69.5 | 12.0 | -70.4 | -1.6 | -0.3 | -32.8 | |
| P/S | 2.1 | 1.4 | 1.9 | 1.4 | 1.6 | 1.2 | 1.4 | 1.3 | 2.2 | 1.3 | 2.9 | 24.4 | |
| P/B | 0.9 | 0.7 | 1.1 | 1.0 | 1.1 | 0.6 | 0.7 | 0.6 | 0.7 | 0.3 | 0.6 | 3.1 | |
| P / Tangible Book | 0.9 | 0.7 | 1.1 | 1.0 | 1.1 | 0.6 | · | · | · | · | · | · | |
| P / Cash Flow | 7.4 | 3.7 | 5.3 | 2.6 | 3.0 | 5.0 | 12.8 | 5.0 | 8.9 | -8.7 | -45.8 | 280.0 | |
| P / FCF | 10.3 | 4.2 | 5.6 | 2.7 | 3.6 | 8.7 | -4.4 | -5.3 | -11.5 | -0.7 | -1.4 | -7.1 | |
| Dividend Yield | 1.6% | 15.8% | 8.8% | 33.8% | 9.9% | 0.56% | 0.42% | · | · | · | · | 0.00% | |
| Earnings Yield | 3.8% | 18.7% | 8.2% | 28.7% | 29.6% | 1.1% | -1.4% | 8.3% | -1.4% | -63.4% | -383.9% | -3.0% | |
| Payout Ratio | 40.8% | 90.9% | 91.1% | 118.1% | 33.9% | 49.7% | -29.6% | · | · | · | · | 0.00% | |
| Annual Payout | $34M | $277M | $158M | $668M | $230M | $5M | $5M | · | · | · | · | $0 |
Per Share
| Metric | Trend | Q4 2019 | Q4 2011 | Q4 2010 | Q4 2009 | Q4 2008 |
|---|---|---|---|---|---|---|
| EPS (TTM) | $-0.17 | $-14.69 | · | · | · |
Valuation (TTM)
| Metric | Trend | Q4 2019 | Q4 2011 | Q4 2010 | Q4 2009 | Q4 2008 |
|---|---|---|---|---|---|---|
| Revenue TTM | $821M | $107M | $121M | $142M | · | |
| Net Income TTM | $-16M | $-70M | $-5M | $-58M | · | |
| P/E | -69.5 | -4.5 | · | · | · | |
| Earnings Yield | -1.4% | -22.0% | · | · | · | |
| Annual Payout | $5M | $14M | $12M | $6M | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $1.04B | $1.27B | $949M | $1.44B | $1.43B |
| Operating Margin % | 13.1% | 30.3% | 25.1% | 42.3% | 51.8% |
| Net Income | $84M | $305M | $174M | $566M | $681M |
| Diluted EPS | $0.73 | $2.80 | $1.75 | $5.52 | $6.71 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Current Ratio | 1.8 | 1.6 | 1.3 | 1.8 | 2.3 |
| Quick Ratio | 1.5 | 1.3 | 0.8 | 1.3 | 1.8 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $212M | $416M | $318M | $744M | $637M |
Institutional owners (13F) 226 filers · $1.1B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
226
Value held
$1.1B
New positions
36
Exited positions
18
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 36 (-15 vs prior Q) | 18 (-12 vs prior Q) | 68 (+7 vs prior Q) | 66 (+10 vs prior Q) | +3.8M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| TWO SIGMA INVESTMENTS, LP | $88,144,599 | 3,530,020 | 7.85% | Shares |
| BlackRock, Inc. | $70,347,831 | 2,817,294 | 6.26% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $52,427,936 | 2,099,637 | 4.67% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $50,624,727 | 2,027,422 | 4.51% | Shares |
| GOLDMAN SACHS GROUP INC | $50,298,844 | 2,014,371 | 4.48% | Shares |
| Artemis Investment Management LLP | $46,543,322 | 1,585,263 | 4.14% | Shares |
| Philosophy Capital Management LLC | $43,764,070 | 1,752,666 | 3.90% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $40,391,472 | 1,617,600 | 3.60% | Put option |
| Focus Partners Wealth | $31,553,584 | 1,263,659 | 2.81% | Shares |
| JANE STREET GROUP, LLC | $31,459,703 | 1,259,900 | 2.80% | Put option |
| Qube Research & Technologies Ltd | $28,880,901 | 1,156,624 | 2.57% | Shares |
| MORGAN STANLEY | $25,975,046 | 1,040,248 | 2.31% | Shares |
| FEARNLEY ASSET MANAGEMENT AS | $25,075,099 | 1,004,209 | 2.23% | Shares |
| Encompass Capital Advisors LLC | $24,033,625 | 962,500 | 2.14% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $23,131,659 | 926,378 | 2.06% | Shares |
| Allianz Asset Management GmbH | $22,287,099 | 892,555 | 1.98% | Shares |
| Boston Partners | $19,685,249 | 788,200 | 1.75% | Shares |
| MARSHALL WACE, LLP | $19,643,100 | 786,668 | 1.75% | Shares |
| Marex Group Ltd | $18,178,709 | 728,022 | 1.62% | Shares |
| Bridgewater Associates, LP | $17,929,883 | 718,057 | 1.60% | Shares |
| JPMORGAN CHASE & CO | $16,647,917 | 675,646 | 1.48% | Shares |
| CITADEL ADVISORS LLC | $14,838,323 | 594,246 | 1.32% | Shares |
| D. E. Shaw & Co., Inc. | $14,765,111 | 591,314 | 1.31% | Shares |
| DNB Asset Management AS | $14,630,722 | 585,932 | 1.30% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $14,447,492 | 578,594 | 1.29% | Shares |
| CITADEL ADVISORS LLC | $13,780,943 | 551,900 | 1.23% | Put option |
| Marnell Management LLC | $12,876,979 | 515,698 | 1.15% | Shares |
| First Eagle Investment Management, LLC | $12,859,550 | 515,000 | 1.14% | Shares |
| MILLENNIUM MANAGEMENT LLC | $11,805,816 | 472,800 | 1.05% | Shares |
| Point72 Asset Management, L.P. | $10,932,241 | 437,815 | 0.97% | Shares |
| DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. | $10,255,179 | 410,700 | 0.91% | Shares |
| NORGES BANK | $9,888,120 | 396,000 | 0.88% | Shares |
| BANK OF AMERICA CORP /DE/ | $9,396,485 | 376,311 | 0.84% | Shares |
| UBS Group AG | $9,368,545 | 375,192 | 0.83% | Shares |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $9,180,995 | 367,681 | 0.82% | Shares |
| VALUEWORKS LLC | $8,842,880 | 354,140 | 0.79% | Shares |
| VANGUARD GROUP INC | $8,488,153 | 441,631 | 0.76% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $8,414,291 | 336,976 | 0.75% | Shares |
| Russell Investments Group, Ltd. | $8,316,144 | 333,897 | 0.74% | Shares |
| JANE STREET GROUP, LLC | $7,927,975 | 317,500 | 0.71% | Call option |
| TUDOR INVESTMENT CORP ET AL | $7,628,085 | 305,490 | 0.68% | Shares |
| CITIGROUP INC | $7,370,870 | 295,189 | 0.66% | Shares |
| LPL Financial LLC | $6,706,356 | 268,577 | 0.60% | Shares |
| Engineers Gate Manager LP | $6,692,684 | 268,029 | 0.60% | Shares |
| J. Safra Sarasin Holding AG | $5,712,183 | 228,694 | 0.51% | Shares |
| SPROTT INC. | $5,113,456 | 204,784 | 0.46% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $4,537,049 | 181,700 | 0.40% | Call option |
| TWO SIGMA ADVISERS, LP | $4,493,636 | 233,800 | 0.40% | Shares |
| Numerai GP LLC | $3,971,878 | 159,066 | 0.35% | Shares |
| Schonfeld Strategic Advisors LLC | $3,879,987 | 155,386 | 0.35% | Shares |
Activists & 5%+ owners 7 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Famatown Finance Limited, Greenwich Holdings Limited, C.K. Limited | Oct. 6, 2025 | 11.84% | Initial filing | Board campaign | SEC |
| OCM Opps EB Holdings, Ltd., Oaktree OBC Container Holdings LLC, Oaktree Opportunities Fund IX Delaware, L.P., Oaktree Opportunities Fund IX (Parallel 2), L.P., Oaktree Dry Bulk Holdings LLC, Brookfield Oaktree Holdings, LLC, OCM FIE, LLC, Oaktree Capital Holdings, LLC, Oaktree Capital Group Holdings GP, LLC, Brookfield Corporation, Brookfield Asset Management ULC, BAM Partners Trust ×2 filings | July 5, 2024 | · | Initial filing | · | SEC |
| Oaktree OBC Container Holdings LLC, Oaktree Opportunities Fund IX Delaware, L.P., Oaktree Opportunities Fund IX (Parallel 2), L.P., OCM XL Holdings L.P., Oaktree Dry Bulk Holdings LLC, Oaktree Capital Group, LLC, OCM FIE, LLC, Atlas OCM Holdings, LLC, Brookfield Corporation, Brookfield Asset Management ULC, BAM Partners Trust ×6 filings | Dec. 5, 2023 | · | Initial filing | · | SEC |
| OR ×17 filings | Aug. 14, 2019 | · | Initial filing | · | SEC |
| Songa Bulk ASA | July 16, 2018 | · | Initial filing | Board campaign | SEC |
| Monarch Alternative Capital LP, MDRA GP LP, Monarch GP LLC ×6 filings | Sept. 29, 2016 | · | Initial filing | · | SEC |
| F5 Capital, Nobu Su ×2 filings | July 29, 2008 | · | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 16 insiders · 5 officers · 10 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Symeon Spyrou | co CFO | Sept. 15, 2026 P | 241,200 | 1 | 0 | $424,050 |
| Christos Begleris | co CFO | June 12, 2026 A | 171,087 | 0 | 0 | $0 |
| Hamish Norton | President | June 12, 2026 A | 305,847 | 0 | 0 | $0 |
| Nikolaos Reskos | Chief Operating Officer | Sept. 15, 2026 P | 410,875 | 1 | 9 | $-2,356,762 |
| Charis Plakantonaki | Chief Strategy Officer | Sept. 15, 2026 P | 58,778 | 1 | 4 | $-1,361,856 |
| Raffaele Zagari | Director | Oct. 13, 2026 P | 1,953,000 | 2 | 6 | $-2,618,802,225 |
| Koert Erhardt | Director | Oct. 5, 2026 S | 10,080 | 1 | 1 | $-12,720 |
| Eleni Vrettou | Director | Sept. 21, 2026 S | 73,686 | 0 | 1 | $-112,420 |
| Mahesh Balakrishnan | Director | Sept. 18, 2026 S | 29,080 | 0 | 1 | $-323,400 |
| Milena Maria Pappa | Director | Sept. 15, 2026 P | 3,167,074 | 1 | 0 | $2,103,288 |
| Nikolaos Karellis | Director | Sept. 15, 2026 P | 9,580 | 1 | 1 | $-482,660 |
| Spyridon Capralos | Director | Aug. 6, 2026 G | 245,456 | 0 | 0 | $0 |
| Arne Blystad | Director | June 12, 2026 P | 115,533 | 0 | 0 | $0 |
| Mikkel Storm Weum | Director | June 12, 2026 A | 1,760 | 0 | 0 | $0 |
| Gary Weston | Director | June 12, 2026 A | 38,325 | 0 | 0 | $0 |
| Alexandros Pappas | · | Sept. 15, 2026 P | 2,532,150 | 1 | 0 | $2,103,288 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 2 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
SBLK Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 13 analysts
BUY
Median target
$34.00
+17.3%
4 30.8%
Strong Buy
7 53.8%
Buy
2 15.4%
Hold
0 0.0%
Sell
0 0.0%
Strong Sell
12-Month Price Target
5 analysts · 2026-10-24Mean target $34.44 +18.8%
← Below all targets
Current price $28.98
Low$33.00
Mean$34.44
High$38.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| SBLK | $2.18B | 26.3 | · | 8.1% | 3.4% | · |
| DAC | $1.72B | 3.5 | · | 47.4% | 13.7% | · |
| NMM | · | · | · | 21.2% | · | · |
| CCEC | $1.24B | 7.2 | · | · | 12.0% | · |
| ESEA | $385M | 2.8 | · | 60.1% | 33.1% | · |
| SHIP | $195M | 9.1 | · | 13.4% | 7.8% | · |
| DSX | $192M | 15.1 | · | 8.3% | 3.5% | · |
| EDRY | $37M | · | · | · | -4.0% | · |
| PXS | $29M | 14.8 | · | 5.1% | 2.1% | · |
| SVRN | $218M | -11.0 | · | -69.5% | -20.2% | · |
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
BLUECHIP_DIP
Stopped out
risk 1
reward 5.01
entry
$30.03
R:R 5.01
BLUECHIP_DIP
Expired
risk 1
reward 2.00
entry
$23.00
R:R 2.00
BOUNCE_UP
Stopped out
risk 1
reward 1.50
entry
$18.34
R:R 1.50
No open signal right now — no card is filled, and that's honest.
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Source: SEC 20-F filed Mar 19, 2026