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NASDAQ: SBLK
Star Bulk Carriers Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for SBLK

Based on 2 analysts offering 12 month price targets for Star Bulk Carriers Corp.
Min Forecast
$26.00+27.08%
Avg Forecast
$29.00+41.74%
Max Forecast
$32.00+56.4%

Should I buy or sell SBLK stock?

Based on 3 analysts offering ratings for Star Bulk Carriers Corp.
Strong Buy
Strong Buy
3 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their SBLK stock forecasts and price targets.

SBLK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Jefferies
Top 21%
80
Strong BuyReiterates$26.00+27.08%2023-02-17
Pareto Securities
Bottom 40%
40
Strong BuyUpgradesN/AN/A2022-09-20Find out why
Stifel Nicolaus
Top 10%
91
Strong BuyMaintains$32.00+56.40%2022-07-19

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Forecast return on equity

Is SBLK forecast to generate an efficient return?
Company
22.56%
Industry
15.46%
Market
51.51%
SBLK's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SBLK forecast to generate an efficient return on assets?
Company
13.27%
Industry
8.51%
SBLK is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SBLK earnings per share forecast

What is SBLK's earnings per share in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$4.94-10.83%
Avg 2 year Forecast
$4.43-20.04%
SBLK's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

SBLK revenue forecast

What is SBLK's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.2B-16.03%
Avg 2 year Forecast
$906.4M-36.93%
SBLK's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SBLK earnings growth forecast

How is SBLK forecast to perform vs Marine Shipping companies and vs the US market?
Company
-10.83%
Industry
-8.85%
Market
77.33%
SBLK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
SBLK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
SBLK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

SBLK revenue growth forecast

How is SBLK forecast to perform vs Marine Shipping companies and vs the US market?
Company
-16.03%
Industry
-13.42%
Market
26.46%
SBLK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SBLK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SBLK vs Shipping Stocks

TickerPricePrice TargetUp/downsideConsensus
SBLK$20.46$29.00+41.74%Strong Buy
MATX$60.00$74.33+23.89%Hold
INSW$40.72$47.00+15.42%Strong Buy
GOGL$9.24$13.75+48.81%Hold
ZIM$23.98$41.08+71.31%Hold
View Top Shipping Stocks

Star Bulk Carriers Stock Forecast FAQ

Is Star Bulk Carriers Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: SBLK) stock is to Strong Buy SBLK stock.

Out of 3 analysts, 3 (100%) are recommending SBLK as a Strong Buy, 0 (0%) are recommending SBLK as a Buy, 0 (0%) are recommending SBLK as a Hold, 0 (0%) are recommending SBLK as a Sell, and 0 (0%) are recommending SBLK as a Strong Sell.

If you're new to stock investing, here's how to buy Star Bulk Carriers stock.

What is SBLK's earnings growth forecast for 2023-2024?

(NASDAQ: SBLK) Star Bulk Carriers's forecast annual earnings growth rate of -10.83% is not forecast to beat the US Marine Shipping industry's average forecast earnings growth rate of -8.85%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 77.33%.

Star Bulk Carriers's earnings in 2023 is $565,999,000.On average, 3 Wall Street analysts forecast SBLK's earnings for 2023 to be $508,115,635, with the lowest SBLK earnings forecast at $406,286,793, and the highest SBLK earnings forecast at $598,630,161.

In 2024, SBLK is forecast to generate $455,658,353 in earnings, with the lowest earnings forecast at $404,229,645 and the highest earnings forecast at $508,115,635.

What is SBLK's revenue growth forecast for 2023-2024?

(NASDAQ: SBLK) Star Bulk Carriers's forecast annual revenue growth rate of -16.03% is not forecast to beat the US Marine Shipping industry's average forecast revenue growth rate of -13.42%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 26.46%.

Star Bulk Carriers's revenue in 2023 is $1,437,156,000.On average, 2 Wall Street analysts forecast SBLK's revenue for 2023 to be $124,131,929,638, with the lowest SBLK revenue forecast at $112,456,070,061, and the highest SBLK revenue forecast at $135,807,789,216.

In 2024, SBLK is forecast to generate $93,225,847,566 in revenue, with the lowest revenue forecast at $93,225,847,566 and the highest revenue forecast at $93,225,847,566.

What is SBLK's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: SBLK) forecast ROA is 13.27%, which is higher than the forecast US Marine Shipping industry average of 8.51%.

What is SBLK's Price Target?

According to 2 Wall Street analysts that have issued a 1 year SBLK price target, the average SBLK price target is $29.00, with the highest SBLK stock price forecast at $32.00 and the lowest SBLK stock price forecast at $26.00.

On average, Wall Street analysts predict that Star Bulk Carriers's share price could reach $29.00 by Feb 17, 2024. The average Star Bulk Carriers stock price prediction forecasts a potential upside of 41.74% from the current SBLK share price of $20.46.

What is SBLK's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: SBLK) Star Bulk Carriers's current Earnings Per Share (EPS) is $5.54. On average, analysts forecast that SBLK's EPS will be $4.94 for 2023, with the lowest EPS forecast at $3.95, and the highest EPS forecast at $5.82. In 2024, SBLK's EPS is forecast to hit $4.43 (min: $3.93, max: $4.94).

What is SBLK's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: SBLK) forecast ROE is 22.56%, which is considered strong.
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