SEACOR Marine (SMHI) Stock Price, News & Analysis

Company Overview

SEACOR Marine Holdings Inc. provides marine and support transportation services to offshore oil, natural gas, and windfarm facilities worldwide. Its offshore support and specialty vessels deliver cargo and personnel to offshore installations, including offshore wind farms; handle anchors and mooring equipment for offshore rigs and platforms; assist offshore operations for production and storage facilities; provide construction, well work-over, and offshore wind farm installation and decommissioning support; and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection, and repair, as well as offer accommodations for technicians and specialists, safety support, and emergency response services. As of December 31, 2023, the company operated a fleet of 58 support vessels, of which 55 were owned or leased-in, and three were managed on behalf of unaffiliated third parties. It serves integrated national and international oil companies, independent oil and natural gas exploration and production companies, and oil field service and construction companies, as well as offshore wind farm operators and offshore wind farm installation and maintenance companies. SEACOR Marine Holdings Inc. was founded in 1989 and is headquartered in Houston, Texas.

Key Stats

• Today's Range: $6.14 to $6.51
• 50-Day Range: $6.17 to $10.28
• 52-Week Range: $6.02 to $15.36
• Volume: 212,434 shs
• Average Volume: 321,050 shs
• Market Capitalization: $171.43 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $17.00
• Consensus Rating: Buy

SEACOR Marine Stock Analysis - MarketRank™

SEACOR Marine scored higher than 60% of companies evaluated by MarketBeat, and ranked 79th out of 128 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

SEACOR Marine has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

SEACOR Marine has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for SEACOR Marine are expected to grow in the coming year, from ($2.54) to ($2.00) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SEACOR Marine is -3.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of SEACOR Marine is -3.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

SEACOR Marine has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.88% of the float of SEACOR Marine has been sold short.

Short Interest Ratio / Days to Cover

SEACOR Marine has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SEACOR Marine has recently increased by 13.27%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

SEACOR Marine does not currently pay a dividend.

Dividend Growth

SEACOR Marine does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.88% of the float of SEACOR Marine has been sold short.

Short Interest Ratio / Days to Cover

SEACOR Marine has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SEACOR Marine has recently increased by 13.27%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

14.60% of the stock of SEACOR Marine is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

59.05% of the stock of SEACOR Marine is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SMHI Stock Analysis - Frequently Asked Questions

How have SMHI shares performed this year?

SEACOR Marine's stock was trading at $12.59 on January 1st, 2024. Since then, SMHI stock has decreased by 50.8% and is now trading at $6.20.
View the best growth stocks for 2024 here.

How were SEACOR Marine's earnings last quarter?

SEACOR Marine Holdings Inc. (NYSE:SMHI) announced its quarterly earnings data on Wednesday, October, 30th. The company reported ($0.59) EPS for the quarter. The firm earned $68.92 million during the quarter, compared to analyst estimates of $77.63 million. SEACOR Marine had a negative net margin of 16.81% and a negative trailing twelve-month return on equity of 13.32%.

Who are SEACOR Marine's major shareholders?

SEACOR Marine's top institutional shareholders include Carlyle Group Inc. (4.82%), Wellington Management Group LLP (3.89%), Geode Capital Management LLC (2.03%) and State Street Corp (1.88%). Insiders that own company stock include Jesus Llorca, Andrew H Everett II, Gregory Scott Rossmiller and Julie Persily.
View institutional ownership trends.

How do I buy shares of SEACOR Marine?

Shares of SMHI 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.
Compare Top Brokerages Here.

What other stocks do shareholders of SEACOR Marine own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SEACOR Marine investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and Jabil (JBL).

Company Calendar

• Last Earnings: 10/30/2024
• Today: 11/16/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Deep sea foreign transportation of freight
• Sub-Industry: Transportation
• Current Symbol: NYSE:SMHI
• Previous Symbol: NASDAQ:SMHI
• CUSIP: N/A
• CIK: 1690334
• Web: www.seacormarine.com
• Phone: (346) 980-1700
• Fax: N/A
• Employees: 1,256
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $17.00
• High Stock Price Target: $17.00
• Low Stock Price Target: $17.00
• Potential Upside/Downside: +174.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.68)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-9,310,000.00
• Net Margins: -16.81%
• Pretax Margin: -15.04%
• Return on Equity: -13.32%
• Return on Assets: -6.25%

Debt

• Debt-to-Equity Ratio: 0.84
• Current Ratio: 1.63
• Quick Ratio: 1.59

Sales & Book Value

• Annual Sales: $279.51 million
• Price / Sales: 0.61
• Cash Flow: $1.88 per share
• Price / Cash Flow: 3.30
• Book Value: $11.76 per share
• Price / Book: 0.53

Miscellaneous

• Outstanding Shares: 27,650,000
• Free Float: 23,609,000
• Market Cap: $171.43 million
• Optionable: Optionable
• Beta: 1.31