A number of research firms have changed their ratings and price targets for Star Bulk Carriers (NASDAQ: SBLK):
- 4/24/2026 – Star Bulk Carriers is now covered by Jefferies Financial Group Inc.. They set a “buy” rating and a $29.00 price target on the stock.
- 4/24/2026 – Star Bulk Carriers is now covered by Jefferies Financial Group Inc.. They set a “buy” rating and a $29.00 price target on the stock.
- 4/22/2026 – Star Bulk Carriers was upgraded by Zacks Research from “hold” to “strong-buy”.
- 4/18/2026 – Star Bulk Carriers was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 3/29/2026 – Star Bulk Carriers was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 3/27/2026 – Star Bulk Carriers had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 3/21/2026 – Star Bulk Carriers was upgraded by Wall Street Zen from “hold” to “strong-buy”.
Star Bulk Carriers Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Monday, March 9th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date was Monday, March 9th. This is a boost from Star Bulk Carriers’s previous quarterly dividend of $0.11. Star Bulk Carriers’s dividend payout ratio (DPR) is presently 202.74%.
Insider Buying and Selling at Star Bulk Carriers
In other news, COO Nikolaos Reskos sold 8,406 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $25.05, for a total value of $210,570.30. Following the transaction, the chief operating officer owned 440,878 shares in the company, valued at $11,043,993.90. The trade was a 1.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Star Bulk Carriers Corp is a global shipping company engaged in the ocean transport of dry bulk commodities. The company owns and operates a diversified fleet of bulk carriers, including Handymax, Supramax, Panamax and Capesize vessels. Its ships are designed to carry a broad range of cargoes, such as iron ore, coal, grain, bauxite and phosphate, catering to industrial and agricultural customers worldwide.
The company’s vessels operate on major trade routes across the Atlantic, Pacific and Indian Oceans, connecting producers and consumers in Asia, Europe, North and South America.
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