SBLK

Star Bulk CarriersB

Nasdaq / Transportation

At close

2026-06-02

Current thesis

The quarter was operationally strong: company-reported TCE rose to $18,493/day from $12,439/day a year earlier, adjusted EBITDA rose to $114.3M, the dividend increased to $0.50/share, and management reiterated a full-payout capital-return policy tied to operating cash flow after capex and debt service.

Posture

Constructive

Lead driver

Momentum

What changed

1 setup hits (3d) with net bullish as of 2026-06-02.

What can break

China demand, commodity trade flows and Middle East/Red Sea geopolitics remain major swing factors for freight rates.

Momentum

Value

Sentiment

Setup hits (3d)

1 · Net Bullish

AI TargetsBase $28.13 · Bull $33.00 · Bear $21.50

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-23 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Bullish

Target $28.13

Why

Momentum75 · Δ7d +3.2

Value55 · Δ7d -0.6

Sentiment55 · Δ7d -3.6

So what

Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.

Lead driver: Momentum · See technicals

Momentum

34% active weight

Current posture

7d trendFlat

Δ7d

+3.2

Δ21d

+4.1

Value

32% active weight

Current posture

7d trendFlat

Δ7d

-0.6

Δ21d

+0.5

Sentiment

33% active weight

Current posture

7d trendSoftening

Δ7d

-3.6

Δ21d

+12.0

Why this grade

Composite grade B. Momentum 75.0 / Value 55.4 / Sentiment 54.7

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$3.21B

Beta

0.80

Shares Out

113.85M

P/E (TTM)

37.2

P/S (TTM)

2.12

P/FCF (TTM)

15.33

Rev YoY

-23.4%

EPS YoY

-76.6%

Gross Margin

+43.3%

Op Margin

+11.6%

Net Debt

$846.47M

Current Ratio

1.72

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology