Star Bulk Carriers (NASDAQ: SBLK) is truly an undervalued gem with 20% upside potential. The combination of a successful merger, robust demand, a juicy dividend yield of 5.84%, and beneficial external factors makes SBLK an ideal value opportunity.
Recently, a merger between Eagle Bulk Shipping and the company was completed, resulting in a $2.1 billion all-stock deal. In this way, SBLK has become the largest dry bulk shipping company in the US.
Based on the company's stats, its P/E ratio is currently 13.88, lower than the market's 40.97 and the marine shipping industry's 17.18. Star Bulk Carriers (NASDAQ: SBLK) is looking good regarding earnings.
Compared to an industry average of 28.66% and a market average of 17.9%, forecasts point to a 100.85% growth per year.
[
add
]
[
|
|
...
]