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How to Buy Star Bulk Carriers Stock

Star Bulk Carriers Corp

Star Bulk Carriers Corp. , a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide.

Star Bulk Carriers stock last closed at $24.32, up 1.89% from the previous day, and has increased 1.16% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.14 percentage points. Star Bulk Carriers stock is currently +46.77% from its 52-week low of $16.57, and -0.61% from its 52-week high of $24.47.

As of Mar 1, 2024, there are 103.18M SBLK shares outstanding. The market value of SBLK is $2.51B. In the past 24 hours, 1.58M SBLK shares were traded.

How to Buy Star Bulk Carriers Stock

Not sure how to invest in Star Bulk Carriers stock? Here's how.
  1. Choose where to buy Star Bulk Carriers stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Star Bulk Carriers stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Choose your method of payment and add your info.
  4. Analyze Star Bulk Carriers stock: The Star Bulk Carriers ticker symbol is SBLK. Is Star Bulk Carriers stock a good investment? Should you buy shares of SBLK? How do SBLK's underlying business fundamentals look? Do top analysts think Star Bulk Carriers is a good buy? Why has SBLK's stock price moved recently? (Hint: Our stock market research tools can help you decide if SBLK is a good stock to buy).
  5. Execute your SBLK purchase: Decide if you will purchase SBLK shares at the current market price or use a limit order to buy SBLK stock at a given price.
  6. Get key alerts regarding your SBLK position: Create a watchlist to get the latest news on your new investment in Star Bulk Carriers stock.

Step 1: Choose where to buy Star Bulk Carriers stock

You need an online brokerage account to access the NASDAQ market and buy SBLK shares.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Get $10 towards your share purchase by creating an account with eToro now.

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Step 2: Create a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal information so you are able to invest in SBLK stock today.

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  2. Input your personal info to start your new trading account.
  1. Submit your data by hitting the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you've created your account on the best stock investing app, your next step is to transfer the money for your investment:

Watch this video walkthrough to see the process of transferring money into your investment account.

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Step 4: Analyze Star Bulk Carriers stock

After you have figured out the best place to buy Star Bulk Carriers stock, it's very important to evaluate their stock prior to buying, so you truly understand the risk as well as the opportunity.

Star Bulk Carriers quick stats

SBLK Price
$24.32
1w %
2.06%
1y %
1.16%
5y %
227.32%
P/E
N/A
P/B
1.38x
P/S
N/A
PEG
N/A
Revenue
N/A
Earnings
N/A
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$2.51B
Next Earnings
N/A
Next Dividend
Mar 28, 2024

Star Bulk Carriers Fundamentals

WallStreetZen was created to help average investors do better fundamental analysis in less time.

You can see all of the due diligence checks on SBLK's stock page.

Is SBLK stock properly valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge SBLK's fair value.

Using relative valuations ratios:

  • SBLK may be overvalued based on its P/B ratio of 1.38x, relative to Marine Shipping industry P/B ratio of 0.93x

You can do more valuation research on SBLK's stock here.

SBLK Financial Summary

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the SBLK balance sheet.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the SBLK balance sheet.
  • SBLK has a relatively high debt to equity ratio of 0.75.
  • Total SBLK debt is higher than 5 years ago, relative to shareholder equity.

Is it a good time to buy SBLK stock, according to analysts?

Out of 2 Wall Street analysts who give recommendations on SBLK, the consensus analyst rating on Star Bulk Carriers is a Strong Buy

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Star Bulk Carriers stock forecast page.

SBLK Technical Indicators

SMA10
23.21
SMA20
22.77
SMA50
21.84
SMA100
20.69
SMA200
19.34
MACD
0.63
MACD Signal
0.48
MACD Histogram
0.15
RSI
66.44
Stochastic %K
90.26
Stochastic %D
86.08
StochRSI %K
88.02
StochRSI %D
77.71

Who is buying/selling SBLK?

Over the last 12 months, executives and large shareholders at SBLK have not bought or sold any shares.

Learn more about who owns SBLK shares here.

Can I get consistent income from SBLK stock?

Star Bulk Carriers pays a dividend of 3.99%, compared to the Marine Shipping industry's average dividend yield of 7.22%. If you owned $1,000 of SBLK stock, you would have been paid $39.88 in the past 12 months.

Star Bulk Carriers dividend payments have consistently grown over the past decade but have not remained stable.

Get more data about Star Bulk Carriers dividend yield and history here.

SBLK Social Trading Data

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Execute your SBLK purchase

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at an exact dollar amount limit, place a limit order.

Press the Open button and your broker will execute your order.

If you want additional assistance investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Get key alerts regarding your SBLK position

Now that you own some shares in SBLK, you'll want to stay up-to-date on your new stock purchase.

Make a watchlist to get notified of the latest news about your SBLK stock.

SBLK Feed

How to Buy Stock in Star Bulk Carriers

To reiterate, here are the 6 steps you need to take to buy Star Bulk Carriers stock right now:

  1. Choose where to buy Star Bulk Carriers stock
  2. Create a brokerage account
  3. Put funds into your brokerage account
  4. Analyze Star Bulk Carriers stock
  5. Execute your SBLK purchase
  6. Get key alerts regarding your SBLK position

If you are looking for a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your new investment in Star Bulk Carriers, get started below.

NASDAQ: SBLK
$24.32+0.45 (+1.89%)
Updated Mar 1, 2024
Open eToro Account
NASDAQ: SBLK
$24.32+0.45 (+1.89%)
Updated Mar 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Star Bulk Carriers share?

As of Mar 1, 2024, it costs $24.32 to buy one share of Star Bulk Carriers stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.411 shares of SBLK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Star Bulk Carriers stock?

According to 2 Wall Street analysts who monitor Star Bulk Carriers, their consensus recommendation is to buy Star Bulk Carriers stock.

What is the best way to buy Star Bulk Carriers stock?

One way to place an order for Star Bulk Carriers stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.