Noble Financial Brokers Lower Earnings Estimates for SHIP

Key Points

• Noble Financial has revised down its Q2 2025 earnings estimate for Seanergy Maritime Holdings Corp from $0.15 to $0.07 per share.
• The company recently declared a quarterly dividend of $0.05, resulting in a 2.80% annualized yield.
• Seanergy Maritime's stock opened at $7.14, with a market capitalization of approximately $143.94 million.

Seanergy Maritime Holdings Corp (NASDAQ:SHIP - Free Report) - Analysts at Noble Financial dropped their Q2 2025 earnings per share estimates for Seanergy Maritime in a research note issued to investors on Thursday, July 24th. Noble Financial analyst M. Reichman now forecasts that the shipping company will post earnings per share of $0.07 for the quarter, down from their prior estimate of $0.15. The consensus estimate for Seanergy Maritime's current full-year earnings is $2.01 per share. Noble Financial also issued estimates for Seanergy Maritime's Q3 2025 earnings at $0.25 EPS, Q4 2025 earnings at $0.35 EPS and FY2025 earnings at $0.32 EPS.

Seanergy Maritime Stock Down 0.6%

Seanergy Maritime stock traded down $0.04 during midday trading on Monday, reaching $7.10. The company's stock had a trading volume of 40,920 shares, compared to its average volume of 117,158. Seanergy Maritime has a 52-week low of $4.78 and a 52-week high of $12.65. The stock has a market capitalization of $143.14 million, a P/E ratio of 5.59 and a beta of 0.28. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.74 and a quick ratio of 0.72. The stock's 50-day simple moving average is $6.55 and its 200-day simple moving average is $6.50.

Institutional Investors Weigh In On Seanergy Maritime

Several large investors have recently modified their holdings of SHIP. Quarry LP boosted its holdings in Seanergy Maritime by 188.5% in the fourth quarter. Quarry LP now owns 8,703 shares of the shipping company's stock valued at $60,000 after purchasing an additional 5,686 shares during the last quarter. Susquehanna Fundamental Investments LLC acquired a new position in shares of Seanergy Maritime during the fourth quarter valued at $70,000. Boothbay Fund Management LLC acquired a new position in shares of Seanergy Maritime during the 4th quarter valued at $76,000. Marshall Wace LLP increased its position in shares of Seanergy Maritime by 6.3% during the 4th quarter. Marshall Wace LLP now owns 226,712 shares of the shipping company's stock valued at $1,576,000 after purchasing an additional 13,513 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of Seanergy Maritime during the 4th quarter valued at $104,000. Hedge funds and other institutional investors own 29.36% of the company's stock.

Seanergy Maritime Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Shareholders of record on Friday, June 27th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date was Friday, June 27th. Seanergy Maritime's dividend payout ratio is currently 15.75%.

Seanergy Maritime Company Profile

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.