NASDAQ:SHIP

Seanergy Maritime (SHIP) Stock Price, News & Analysis

$10.40
+0.15 (+1.46%)
(As of 11:38 AM ET)
Today's Range
$10.29
$10.63
50-Day Range
$8.08
$10.25
52-Week Range
$4.03
$10.63
Volume
189,632 shs
Average Volume
243,082 shs
Market Capitalization
$204.21 million
P/E Ratio
148.57
Dividend Yield
0.96%
Price Target
$12.50

Seanergy Maritime MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
18.9% Upside
$12.50 Price Target
Short Interest
Healthy
1.63% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.38mentions of Seanergy Maritime in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
42.99%
From $1.07 to $1.53 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.86 out of 5 stars

Transportation Sector

62nd out of 114 stocks

Deep Sea Foreign Transportation Of Freight Industry

12th out of 27 stocks

SHIP stock logo

About Seanergy Maritime Stock (NASDAQ:SHIP)

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.

SHIP Stock Price History

SHIP Stock News Headlines

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Seanergy Maritime Holdings Corp's Dividend Analysis
SHIP Apr 2024 5.000 put
SHIP Apr 2024 5.000 call
Seanergy Maritime Hldgs Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
3/15/2024
Ex-Dividend for 4/10 Dividend
3/22/2024
Dividend Payable
4/10/2024
Today
5/09/2024
Next Earnings (Estimated)
5/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Current Symbol
NASDAQ:SHIP
Employees
81
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.50
High Stock Price Target
$13.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+20.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$2.28 million
Pretax Margin
2.07%

Debt

Sales & Book Value

Annual Sales
$110.23 million
Cash Flow
$1.83 per share
Book Value
$11.63 per share

Miscellaneous

Free Float
18,713,000
Market Cap
$204.41 million
Optionable
Optionable
Beta
0.75

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Key Executives

  • Mr. Stamatios Tsantanis (Age 52)
    Chairman & CEO
  • Mr. Stavros Gyftakis (Age 45)
    Chief Financial Officer
  • Ms. Theodora Mitropetrou
    General Counsel & Corporate Secretary

SHIP Stock Analysis - Frequently Asked Questions

Should I buy or sell Seanergy Maritime stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Seanergy Maritime in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SHIP shares.
View SHIP analyst ratings
or view top-rated stocks.

What is Seanergy Maritime's stock price target for 2024?

2 brokers have issued 12-month price objectives for Seanergy Maritime's stock. Their SHIP share price targets range from $12.00 to $13.00. On average, they expect the company's stock price to reach $12.50 in the next year. This suggests a possible upside of 18.9% from the stock's current price.
View analysts price targets for SHIP
or view top-rated stocks among Wall Street analysts.

How have SHIP shares performed in 2024?

Seanergy Maritime's stock was trading at $7.83 at the start of the year. Since then, SHIP shares have increased by 34.2% and is now trading at $10.51.
View the best growth stocks for 2024 here
.

When is Seanergy Maritime's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our SHIP earnings forecast
.

How were Seanergy Maritime's earnings last quarter?

Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) released its quarterly earnings results on Friday, March, 15th. The shipping company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.41. The shipping company had revenue of $39.43 million for the quarter, compared to analyst estimates of $33.90 million. Seanergy Maritime had a trailing twelve-month return on equity of 2.70% and a net margin of 1.68%.

How often does Seanergy Maritime pay dividends? What is the dividend yield for Seanergy Maritime?

Seanergy Maritime announced a quarterly dividend on Friday, March 15th. Investors of record on Monday, March 25th will be paid a dividend of $0.025 per share on Wednesday, April 10th. This represents a $0.10 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Friday, March 22nd.
Read our dividend analysis for SHIP
.

Is Seanergy Maritime a good dividend stock?

Seanergy Maritime (NASDAQ:SHIP) pays an annual dividend of $0.10 per share and currently has a dividend yield of 1.04%. The dividend payout ratio is 142.86%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SHIP will have a dividend payout ratio of 6.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHIP.

When did Seanergy Maritime's stock split?

Shares of Seanergy Maritime 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.

What other stocks do shareholders of Seanergy Maritime own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Seanergy Maritime investors own include Bionano Genomics (BNGO), Matinas BioPharma (MTNB), Pennsylvania Real Estate Investment Trust (PEI), Novan (NOVN), CNBX Pharmaceuticals (CNBX), Aeterna Zentaris (AEZS), CBL & Associates Properties (CBL), DHT (DHT) and ADMA Biologics (ADMA).

How do I buy shares of Seanergy Maritime?

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.
Compare Top Brokerages Here.

This page (NASDAQ:SHIP) was last updated on 5/9/2024 by MarketBeat.com Staff

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