Star Bulk Carriers (SBLK) stock closed down 1.01%, analysts project decline in earnings.

From Nasdaq: 2024-12-30 18:15:22

Star Bulk Carriers (SBLK) closed at $14.70, down 1.01% from the previous day, outperforming the S&P 500. The stock has depreciated by 14.26% in the past month. Analysts project earnings of $0.39 per share, a 46.58% decline, and revenue of $299.25 million, a 13.58% increase for Star Bulk Carriers.

Investors should note recent analyst estimate changes for Star Bulk Carriers, reflecting short-term business dynamics. The Zacks Rank system, with a current rating of #5 (Strong Sell) for Star Bulk Carriers, has historically outperformed, with #1 stocks returning +25% annually since 1988. The stock is currently trading at a discount to its industry.

Zacks is set to release its top 10 stock picks for 2025, selected by Director of Research Sheraz Mian. The Zacks Top 10 Stocks gained +2,112.6% from 2012 to November 2024, outperforming the S&P 500. Stay tuned for the release on January 2 for potential investment opportunities.



Read more at Nasdaq: Star Bulk Carriers (SBLK) Stock Moves -1.01%: What You Should Know