Star Bulk Carriers Reports Q1 2025 Results and Fleet Adjustments

Star Bulk Carriers ( (SBLK) ) just unveiled an update.

Star Bulk Carriers Corp. announced its unaudited financial and operating results for the three months ended March 31, 2025, on May 14, 2025. The company completed the sale of several vessels, including Star Omicron, Strange Attractor, and Bittern, with more sales expected to conclude in the second and third quarters of 2025. These transactions are anticipated to generate $80.9 million in proceeds and require debt prepayments of approximately $22.2 million. The company currently owns a fleet of 148 vessels, 97% of which are equipped with scrubbers, enhancing its operational capacity and environmental compliance.

The most recent analyst rating on (SBLK) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on Star Bulk Carriers stock, see the SBLK Stock Forecast page.

Spark’s Take on SBLK Stock

According to Spark, TipRanks’ AI Analyst, SBLK is a Outperform.

Star Bulk Carriers shows strong financial health and valuation appeal, with effective cost management and shareholder returns. However, market volatility and declining trade, especially in China, pose challenges. Technical indicators suggest caution despite upward price momentum.

To see Spark’s full report on SBLK stock, click here.

More about Star Bulk Carriers

Star Bulk Carriers Corp. is a global shipping company that provides seaborne transportation solutions in the dry bulk sector. The company’s vessels transport major bulks like iron ore, coal, and grain, as well as minor bulks including bauxite, fertilizers, and steel products. Star Bulk, incorporated in the Marshall Islands, operates offices in Athens, New York, Connecticut, and Singapore, and is listed on the Nasdaq Global Select Market under the symbol ‘SBLK.’

Average Trading Volume: 1,712,487

Technical Sentiment Signal: Sell

Current Market Cap: $1.88B

Find detailed analytics on SBLK stock on TipRanks’ Stock Analysis page.