Star Bulk Carriers Corp.
SBLK · Deep Sea Foreign Transportation of Freight · EDGAR filings ↗
Reference price $26.96 — last insider sale, 2026-06-11 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
C58Large dry-bulk owner in a cyclical down-year with below-median returns and falling revenue and earnings.
Strengths
- Healthy cash balance (88th pct) and FCF (100th pct) provide cushion through the cycle
- Above-median current/quick ratios support near-term liquidity
Risks
- ROE 3.4% (28th pct), net margin 8% (32nd pct), revenue -18% and net income -72% — weak trough profitability
- Spot-market exposure, weak interest coverage (1.9x, 25th pct), and large newbuild/secondhand acquisition commitments to fund
Notable findings
- Strong balance sheetStrong balance sheet — $489M cash & investments
- Revenue declineRevenue -17.6% YoY
- Insider sellingInsider selling — 12 open-market sale(s) by 4 insider(s) (cluster of 4 insiders, ~$2.6B, last 6mo) Form 4 ↗
Key metrics
Operating margin
13.1%
Net margin
8.1%
Return on equity
3.4%
Return on assets
2.2%
Revenue growth (QoQ)
-17.6%
Net-income growth
-72.4%
Interest coverage
1.9×
Current ratio
1.8×
Free cash flow
$212M
Tangible book value
$2.4B
Cash & investments
$489M
Stock comp / revenue
1.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-12 | Plakantonaki Charis | Grant | 17K | — |
| 2026-06-12 | Blystad Arne | Grant | 7.6K | — |
| 2026-06-12 | Vrettou Eleni | Grant | 7.6K | — |
| 2026-06-12 | Pappa Milena Maria | Grant | 7.6K | — |
| 2026-06-12 | Karellis Nikolaos | Grant | 7.6K | — |
| 2026-06-12 | Zagari Raffaele | Grant | 7.6K | — |
| 2026-06-12 | Capralos Spyridon | Grant | 20K | — |
| 2026-06-12 | Spyrou Symeon | Grant | 26K | — |
| 2026-06-12 | Begleris Christos | Grant | 26K | — |
| 2026-06-12 | Reskos Nikolaos | Grant | 48K | — |
| 2026-06-12 | Balakrishnan Mahesh | Grant | 7.6K | — |
| 2026-06-12 | Weston Gary | Grant | 7.6K | — |
| 2026-06-12 | Erhardt Koert | Grant | 7.6K | — |
| 2026-06-12 | Norton Hamish | Grant | 36K | — |
| 2026-06-12 | Weum Mikkel Storm | Grant | 1.8K | — |
| 2026-06-11 | Karellis Nikolaos | Sell | 20K | $26.96 |
| 2026-06-01 | Reskos Nikolaos | Sell | 5.0K | $28.49 |
| 2026-05-21 | Reskos Nikolaos | Sell | 30K | $27.29 |
| 2026-05-20 | Reskos Nikolaos | Sell | 9.9K | $26.55 |
| 2026-05-19 | Reskos Nikolaos | Sell | 86 | $26.49 |
| 2026-05-18 | Reskos Nikolaos | Sell | 33K | $26.28 |
| 2026-04-15 | Reskos Nikolaos | Sell | 8.4K | $25.05 |
| 2026-04-14 | Reskos Nikolaos | Sell | 1.6K | $25.00 |
| 2026-04-08 | Plakantonaki Charis | Sell | 16K | $24.56 |
| 2026-04-08 | Plakantonaki Charis | Sell | 16K | $24.56 |
| 2026-03-31 | Zagari Raffaele | Sell | 12K | $22.75 |
| 2026-03-31 | Zagari Raffaele | Sell | 12K | $227,538.00 |
All non-derivative Form 4 activity (SEC), newest first.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-03-19 | 2025-12-31 | 0000950157-26-000397 ↗ |
| 20-F | 2025-03-19 | 2024-12-31 | 0000950157-25-000241 ↗ |
| 20-F | 2024-03-13 | 2023-12-31 | 0000950157-24-000400 ↗ |
| 20-F | 2023-03-07 | 2022-12-31 | 0000950157-23-000218 ↗ |
| 20-F | 2022-03-15 | 2021-12-31 | 0000919574-22-002290 ↗ |
| 20-F | 2021-04-01 | 2020-12-31 | 0000919574-21-002709 ↗ |
| 20-F | 2020-03-27 | 2019-12-31 | 0001140361-20-007197 ↗ |
| 20-F | 2019-03-21 | 2018-12-31 | 0001140361-19-005312 ↗ |
| 20-F | 2018-03-22 | 2017-12-31 | 0001140361-18-014673 ↗ |
| 20-F | 2017-03-22 | 2016-12-31 | 0001567619-17-000493 ↗ |
| 20-F | 2016-03-22 | 2015-12-31 | 0001567619-16-002064 ↗ |
| 20-F | 2015-04-08 | 2014-12-31 | 0001567619-15-000448 ↗ |