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NASDAQ:SHIP

Seanergy Maritime (SHIP) Stock Price, News & Analysis

Seanergy Maritime logo
$6.92 +0.02 (+0.29%)
Closing price 03/3/2025 04:00 PM Eastern
Extended Trading
$6.88 -0.04 (-0.65%)
As of 03/3/2025 06:05 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Seanergy Maritime Stock (NASDAQ:SHIP)

Key Stats

Today's Range
$6.84
$7.07
50-Day Range
$6.62
$7.34
52-Week Range
$6.55
$13.19
Volume
166,858 shs
Average Volume
264,975 shs
Market Capitalization
$143.24 million
P/E Ratio
2.96
Dividend Yield
15.03%
Price Target
$12.00
Consensus Rating
Buy

Company Overview

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. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was incorporated in 2008 and is based in Glyfada, Greece.

Seanergy Maritime Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
85th Percentile Overall Score

SHIP MarketRank™: 

Seanergy Maritime scored higher than 85% of companies evaluated by MarketBeat, and ranked 35th out of 133 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Seanergy Maritime has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Seanergy Maritime has only been the subject of 1 research reports in the past 90 days.

  • Read more about Seanergy Maritime's stock forecast and price target.
  • Earnings Growth

    Earnings for Seanergy Maritime are expected to decrease by -81.09% in the coming year, from $2.01 to $0.38 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Seanergy Maritime is 2.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.62.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Seanergy Maritime is 2.96, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.86.

  • Price to Book Value per Share Ratio

    Seanergy Maritime has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Seanergy Maritime's valuation and earnings.
  • Percentage of Shares Shorted

    2.21% of the float of Seanergy Maritime has been sold short.
  • Short Interest Ratio / Days to Cover

    Seanergy Maritime has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Seanergy Maritime has recently decreased by 33.61%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Seanergy Maritime is a leading dividend payer. It pays a dividend yield of 14.84%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Seanergy Maritime does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Seanergy Maritime is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on EPS estimates, Seanergy Maritime will have a dividend payout ratio of 273.68% in the coming year. This indicates that Seanergy Maritime may not be able to sustain their current dividend.

  • Read more about Seanergy Maritime's dividend.
  • Percentage of Shares Shorted

    2.21% of the float of Seanergy Maritime has been sold short.
  • Short Interest Ratio / Days to Cover

    Seanergy Maritime has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Seanergy Maritime has recently decreased by 33.61%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Seanergy Maritime has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Seanergy Maritime this week, compared to 2 articles on an average week.
  • Search Interest

    9 people have searched for SHIP on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Seanergy Maritime to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Seanergy Maritime insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 4.70% of the stock of Seanergy Maritime is held by insiders.

  • Percentage Held by Institutions

    Only 29.36% of the stock of Seanergy Maritime is held by institutions.

  • Read more about Seanergy Maritime's insider trading history.
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SHIP Stock News Headlines

Seanergy Maritime (SHIP) Projected to Post Earnings on Thursday
Has Trump finally met his match?
Dylan Jovine predicted the 2008 crash over a year before it happened. Folks who listened to him had the chance to walk away with gains as high as 235%, 459%, and 700% - all while the stock market got cut in half. Could he be right again?
Seanergy Marine price target lowered to $11 from $17 at Maxim
Maxim Group Remains a Buy on Seanergy Maritime (SHIP)
See More Headlines

SHIP Stock Analysis - Frequently Asked Questions

Seanergy Maritime's stock was trading at $6.95 at the start of the year. Since then, SHIP stock has decreased by 0.4% and is now trading at $6.92.
View the best growth stocks for 2025 here
.

Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) issued its quarterly earnings results on Tuesday, November, 5th. The shipping company reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.07. The shipping company had revenue of $44.36 million for the quarter, compared to analyst estimates of $42.10 million. Seanergy Maritime had a net margin of 28.37% and a trailing twelve-month return on equity of 19.01%.

Seanergy Maritime shares reverse split on the morning of Wednesday, March 20th 2019. The 1-15 reverse split was announced on Tuesday, February 26th 2019. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, March 19th 2019. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

Top institutional shareholders of Seanergy Maritime include Renaissance Technologies LLC (3.67%), Millennium Management LLC (2.76%), Walleye Capital LLC (1.81%) and Two Sigma Investments LP (1.41%).

Shares of SHIP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Seanergy Maritime investors own include Energy Transfer (ET), Ford Motor (F), Advanced Micro Devices (AMD), NVIDIA (NVDA), Top Ships (TOPS) and Intel (INTC).

Company Calendar

Last Earnings
11/05/2024
Ex-Dividend for 1/10 Dividend
12/27/2024
Dividend Payable
1/10/2025
Today
3/04/2025
Next Earnings (Estimated)
3/06/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Deep sea foreign transportation of freight
Sub-Industry
Transportation
Current Symbol
NASDAQ:SHIP
Employees
50
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.00
High Stock Price Target
$13.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+73.4%
Consensus Rating
Buy
Rating Score (0-4)
3.33
Research Coverage
3 Analysts

Profitability

Trailing P/E Ratio
2.96
Forward P/E Ratio
3.44
P/E Growth
N/A
Net Income
$2.28 million
Pretax Margin
28.85%

Debt

Sales & Book Value

Annual Sales
$165.21 million
Cash Flow
$1.60 per share
Price / Cash Flow
4.33
Book Value
$11.63 per share
Price / Book
0.60

Miscellaneous

Free Float
19,726,000
Market Cap
$143.24 million
Optionable
Optionable
Beta
0.63

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This page (NASDAQ:SHIP) was last updated on 3/4/2025 by MarketBeat.com Staff
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