NASDAQ$SBLK
Star Bulk Carriers Corp. · Q1 2025 earnings
Q1 2025 earnings · · After market close · Investor relations
Briefing
Star Bulk Q1 2025: net income $0.5M as TCE falls to $12,439/day; declares $0.05 minimum quarterly dividend
Star Bulk Carriers Corp. reported Q1 2025 voyage revenues of $230.7 million, down from $259.4 million a year ago, as average TCE declined to $12,439 per day from $19,627 amid weaker dry bulk market conditions. Net income was $0.5 million ($0.00 EPS) versus $74.9 million ($0.89 EPS) in Q1 2024; adjusted net loss was $7.7 million ($0.07 per share). Operating income was $15.1 million and adjusted EBITDA $49.0 million. The fleet averaged 150.7 vessels following the Eagle merger. The board amended its dividend policy to a minimum $0.05 quarterly payout and declared a $0.05 dividend payable June 20, 2025. Star Bulk repurchased 1.28 million shares for $19.6 million in the quarter and ended with over $500 million in liquidity.
- Q1 voyage revenues were $230.7M; TCE fell to $12,439/day from $19,627 YoY despite fleet growing to 150.7 vessels
- Net income was $0.5M ($0.00 EPS); adjusted net loss $7.7M ($0.07/share); adjusted EBITDA $49.0M
- Board amended dividend policy to minimum $0.05/quarter and declared $0.05 dividend for Q1 2025
- Repurchased 1.28M shares at avg $15.24 for $19.6M; cash and equivalents $432.2M at March 31
- Agreed to sell five additional Supramax vessels; 13 unencumbered vessels after pending sales
Headline financials
Revenue & EPS history
Star Bulk · Revenue · Quarterly
$231M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q1 2025
+0.1%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+1.5%
Avg return
30 days after
48%
31 / 65 earnings
Positive
+19.9%
Q2 2013
Best reaction
-22.0%
Q3 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +0.3% | +3.3% | -3.3% | |
| Q1 2026 | +0.0% | +1.7% | +2.4% | |
| Q3 2025 | -1.3% | +2.3% | -5.2% | |
| Q2 2025 | -1.0% | -1.9% | +0.8% | |
| Q1 2025 | +2.5% | +0.4% | +6.0% | |
| Q4 2024 | -8.7% | -6.8% | +1.2% | |
| Q3 2024 | -7.2% | -8.9% | -28.0% | |
| Q2 2024 | -0.4% | +1.8% | -5.7% | |
| Q1 2024 | -0.7% | +2.7% | -8.3% | |
| Q4 2023 | -3.4% | -2.6% | +7.1% | |
| Q3 2023 | +2.9% | +3.3% | +7.8% | |
| Q2 2023 | +5.7% | +5.4% | +1.9% | |
| Q1 2023 | +3.3% | +3.2% | +1.3% | |
| Q4 2022 | -4.3% | -2.5% | -9.5% | |
| Q3 2022 | -2.0% | -0.5% | -3.8% | |
| Q2 2022 | +0.6% | +2.2% | -21.8% | |
| Q1 2022 | -5.1% | -3.2% | -25.3% | |
| Q4 2021 | +8.9% | +7.8% | +7.6% | |
| Q3 2021 | -2.0% | -1.0% | +1.3% | |
| Q2 2021 | +2.2% | +1.7% | +25.9% | |
| Q1 2021 | -5.0% | +2.8% | +0.1% | |
| Q4 2020 | -7.7% | -2.2% | +18.0% | |
| Q3 2020 | -1.6% | -0.3% | +10.6% | |
| Q2 2020 | +0.4% | -0.9% | -4.3% | |
| Q1 2020 | +2.0% | +0.0% | +33.8% | |
| Q4 2019 | +10.0% | -1.0% | -32.6% | |
| Q3 2019 | +5.1% | +4.7% | +12.1% | |
| Q2 2019 | +5.8% | +1.5% | +21.3% | |
| Q1 2019 | -11.8% | -10.1% | +1.8% | |
| Q4 2018 | +5.1% | +5.3% | -12.6% | |
| Q3 2018 | -1.7% | +1.5% | -2.5% | |
| Q2 2018 | -1.0% | -4.6% | -11.8% | |
| Q1 2018 | +1.3% | +6.9% | -1.4% | |
| Q4 2017 | +2.5% | +1.5% | -5.9% | |
| Q3 2017 | -1.2% | +1.6% | +14.3% | |
| Q2 2017 | -0.5% | +2.6% | +11.9% | |
| Q1 2017 | -11.0% | -6.3% | +5.0% | |
| Q4 2016 | +0.3% | -1.1% | +8.3% | |
| Q3 2016 | +0.9% | -5.4% | -11.5% | |
| Q2 2016 | -6.0% | +3.9% | +1.1% | |
| Q1 2016 | +3.1% | +2.1% | +55.1% | |
| Q4 2015 | +5.3% | — | — | |
| Q3 2015 | -22.0% | — | — | |
| Q2 2015 | +6.9% | — | — | |
| Q1 2015 | -5.0% | — | — | |
| Q4 2014 | +5.1% | — | — | |
| Q3 2014 | -4.6% | — | — | |
| Q2 2014 | +1.8% | — | — | |
| Q1 2014 | -4.1% | — | — | |
| Q4 2013 | +19.2% | — | — | |
| Q3 2013 | +12.0% | — | — | |
| Q2 2013 | +19.9% | — | — | |
| Q1 2013 | -2.3% | — | — | |
| Q4 2012 | +1.6% | — | — | |
| Q3 2012 | -2.7% | — | — | |
| Q2 2011 | +1.1% | — | — | |
| Q2 2012 | +3.0% | — | — | |
| Q4 2011 | +0.0% | — | — | |
| Q1 2012 | -1.1% | — | — | |
| Q3 2011 | -2.2% | — | — | |
| Q1 2011 | -2.7% | — | — | |
| Q4 2010 | -0.8% | — | — | |
| Q3 2010 | +0.7% | — | — | |
| Q2 2010 | -1.6% | — | — | |
| Q1 2010 | -0.7% | — | — |
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