Seanergy Maritime (NASDAQ:SHIP - Get Free Report) is scheduled to release its earnings data before the market opens on Tuesday, November 5th. Analysts expect Seanergy Maritime to post earnings of $0.54 per share for the quarter.
Seanergy Maritime (NASDAQ:SHIP - Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The shipping company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.14. Seanergy Maritime had a net margin of 20.12% and a return on equity of 12.42%. The company had revenue of $43.13 million for the quarter, compared to analyst estimates of $40.69 million. During the same quarter in the previous year, the firm posted $0.05 earnings per share. On average, analysts expect Seanergy Maritime to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Seanergy Maritime Stock Performance
Shares of NASDAQ SHIP traded up $0.09 during midday trading on Thursday, hitting $9.59. The company's stock had a trading volume of 146,154 shares, compared to its average volume of 244,722. The stock has a fifty day moving average price of $10.90 and a 200 day moving average price of $10.62. Seanergy Maritime has a one year low of $4.87 and a one year high of $13.19. The company has a current ratio of 0.55, a quick ratio of 0.52 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $188.31 million, a price-to-earnings ratio of 11.93 and a beta of 0.65.
Seanergy Maritime Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, October 10th. Investors of record on Friday, September 27th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 10.43%. The ex-dividend date of this dividend was Friday, September 27th. This is a positive change from Seanergy Maritime's previous quarterly dividend of $0.03. Seanergy Maritime's dividend payout ratio is 125.00%.
Analyst Ratings Changes
A number of research firms recently weighed in on SHIP. StockNews.com raised shares of Seanergy Maritime from a "buy" rating to a "strong-buy" rating in a report on Monday. Noble Financial raised shares of Seanergy Maritime to a "strong-buy" rating in a report on Tuesday, July 23rd.
View Our Latest Stock Report on Seanergy Maritime
About Seanergy Maritime
(
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Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. The company was formerly known as Seanergy Merger Corp.
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