Star Bulk Carriers (NASDAQ:SBLK) is scheduled to announce its earnings results after the market closes on Tuesday, November 20th. Analysts expect the company to announce earnings of $0.38 per share for the quarter.

Shares of SBLK stock opened at $9.25 on Friday. Star Bulk Carriers has a 52-week low of $8.81 and a 52-week high of $15.38. The company has a market capitalization of $630.79 million, a price-to-earnings ratio of 14.61 and a beta of 2.59. The company has a current ratio of 1.59, a quick ratio of 1.46 and a debt-to-equity ratio of 0.79.

A number of equities analysts have issued reports on SBLK shares. Seaport Global Securities reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Star Bulk Carriers in a research note on Sunday, August 12th. BidaskClub raised shares of Star Bulk Carriers from a “hold” rating to a “buy” rating in a research note on Thursday, August 2nd. JPMorgan Chase & Co. set a $20.00 price objective on shares of Star Bulk Carriers and gave the company a “buy” rating in a research note on Tuesday, September 11th. Stifel Nicolaus raised their price objective on shares of Star Bulk Carriers from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Thursday, August 30th. Finally, Deutsche Bank set a $17.00 price target on shares of Star Bulk Carriers and gave the stock a “buy” rating in a research report on Thursday, November 8th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $16.71.

TRADEMARK VIOLATION NOTICE: “Star Bulk Carriers (SBLK) to Release Quarterly Earnings on Tuesday” was originally posted by Daily Political and is the sole property of of Daily Political. If you are reading this piece on another publication, it was stolen and republished in violation of US & international copyright and trademark law. The original version of this piece can be viewed at https://www.dailypolitical.com/2018/11/17/star-bulk-carriers-sblk-to-release-quarterly-earnings-on-tuesday.html.

Star Bulk Carriers Company Profile

Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. Its vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products. As of October 10, 2018, the company had a fleet of 111 vessels with an aggregate capacity of approximately 12.67 million deadweight ton (dwt), including 17 Newcastlemax, 20 Capesize, 2 Mini Capesize, 7 Post Panamax, 35 Kamsarmax, 2 Panamax, 16 Ultramax, and 12 Supramax vessels.

Featured Story: Debt-To-Equity Ratio

Earnings History for Star Bulk Carriers (NASDAQ:SBLK)

Receive News & Ratings for Star Bulk Carriers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Star Bulk Carriers and related companies with MarketBeat.com's FREE daily email newsletter.