Star Bulk Carriers Corp

Analysts raised their earnings forecasts for Star Bulk Carriers in late September 2026, projecting earnings per share of US$1.33 and nearly 50% revenue growth versus the prior-year quarter while reiterating a Zacks Rank #1 rating and pointing to the company's valuation discount to peers. The upgrade sharpened attention on how Star Bulk's fundamentals compare with other US shipping names. The higher outlook follows an August 2026 dividend increase to US$0.90 per share, which together with stronger current earnings highlights the importance of the company's capital allocation choices at a time when analysts still expect longer term revenue to decline. Star Bulk Carriers' narrative projects $1.0 billion revenue and $467.0 million earnings by 2029, requiring a 5.6% yearly revenue decline and a $179.8 million earnings increase from $287.2 million today, and yields a $34.04 fair value, an 11% upside to its current price. At the optimistic end, some analysts were penciling in earnings of about US$606.3 million by 2029 before this latest EPS upgrade.

Star Bulk Carriers Corp. Chief Operating Officer Nikolaos Reskos purchased 10,000 common shares at a weighted average price of $28.27 on Sept. 15, 2026, according to an SEC Form 4 filing. The transaction was valued at $282,700 and increased his direct equity position by 2%, bringing his total direct holdings to approximately 411,000 shares. Based on the Sept. 15, 2026 market close of $31.21, that stake is worth $12.82 million. The purchase came during a period in which Star Bulk shares returned 61% for the year ending Sept. 15, 2026, and the company, which operates a fleet of 136 dry bulk vessels, reported trailing twelve-month net income of $287.2 million on revenue of $1.2 billion. Reskos has served as chief operating officer since 2014 and has more than 30 years of industry experience.

Milena Maria Pappas, a Director at Star Bulk Carriers, reported an indirect purchase of 74,400 shares for roughly $2.1 million on Sept. 15, 2026, according to an SEC Form 4 filing. The shares were acquired at a weighted average price of $28.27 through three separate corporations in which Pappas holds a full economic interest, bringing her total indirect holdings to about 3,167,074 shares, while she also holds 3,000 shares directly. Based on the Sept. 15, 2026 market close of $31.21, her post-transaction stake is valued at approximately $98.94 million, contributing to an aggregate insider ownership level of 3% for the firm. Star Bulk Carriers operates a fleet of 136 dry bulk vessels and reported trailing-twelve-month revenue of $1.2 billion and net income of $287.2 million. The stock closed at $30.87 on Sept. 16, 2026, with a market capitalization of $3.5 billion, reflecting a 61% return over the 12 months ending Sept. 15, 2026.

Star Bulk Carriers Corp. allocated a total of 4,400,000 new common, registered, voting shares at a final offering price of €24.50, or US$28.40, per share in its public offering in Greece and parallel offering to a limited group of persons. AXIA Ventures Group Ltd, a member of the Alpha Bank Group, served as Lead Advisor, Joint Coordinator and Bookrunner, while National Bank of Greece S.A. acted as Co-Advisor, Joint Coordinator and Bookrunner for the offering and the parallel listing of all of the company's common shares on the Main Market of the Regulated Securities Market of Euronext Athens. Total valid demand in the public offering reached 26,788,512 shares at the final price, a total value of €656.3 million, leaving the offering oversubscribed by more than 6 times. The offering price is the same for all investors, Qualified and Retail, who participated in the public offering and the parallel offering. Detailed information on the allocation of the new shares by investor category will be announced on Tuesday, 15 September 2026.

Star Bulk Carriers reported its strongest quarterly results since 2022 for the second quarter of 2026, with earnings and revenue exceeding market expectations. The company cited robust earnings supported by high charter rates across its dry bulk fleet and expanded its fleet with a significant number of modern, high-specification vessels during the quarter. Management reiterated an aggressive payout policy alongside a constructive long-term outlook, and the stock has returned 49.2% year to date, trading at US$28.9 as of August 6, 2026.