Seanergy Maritime (SHIP) Stock Price, News & Analysis

Company Overview

Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) is a dry bulk shipping company that provides seaborne transportation services for major commodities, including iron ore, coal and grain. The company’s operations encompass both time charter and voyage charter contracts, enabling customers to secure vessel capacity on either a fixed-rate or spot basis. Its client base includes commodity producers, trading houses and industrial end users seeking global logistics solutions for bulk materials.

The company’s core assets consist of a fleet of modern dry bulk carriers, spanning Capesize, Panamax and Supramax classes. These vessels are equipped to navigate key trade routes across the Atlantic and Pacific oceans, offering flexibility in cargo sizes and voyage durations. Seanergy’s technical management and crewing arrangements are designed to meet international safety and environmental standards, ensuring compliance with regulations set by bodies such as the International Maritime Organization (IMO).

Established in 2004, Seanergy Maritime has expanded its presence in global shipping markets through strategic acquisitions and fleet upgrades. Headquartered in Athens, Greece, with operational centers positioned near major port hubs, the company services trade corridors linking exporters in South America, Australia and Africa to importers in Europe and Asia. Seanergy’s ongoing focus on fleet modernization and charter diversification underpins its efforts to adapt to evolving market conditions and regulatory requirements.

Key Stats

• Today's Range: $15.52 to $16.10
• 50-Day Range: $12.01 to $16.68
• 52-Week Range: $5.81 to $16.81
• Volume: 153,102 shs
• Average Volume: 239,846 shs
• Market Capitalization: $331.51 million
• P/E Ratio: 15.86
• Dividend Yield: 5.04%
• Price Target: $17.00
• Consensus Rating: Buy

Seanergy Maritime Stock Analysis - MarketRank™

Seanergy Maritime scored higher than 71% of companies evaluated by MarketBeat, and ranked 45th out of 131 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: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Seanergy Maritime has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 strong buy rating, 2 buy ratings, 1 hold rating, and no sell ratings.

Upside/Downside

The consensus price target for Seanergy Maritime is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Seanergy Maritime has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -24.34%

Earnings Growth

Earnings for Seanergy Maritime are expected to decrease by -24.34% in the coming year, from $1.89 to $1.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Seanergy Maritime is 15.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Seanergy Maritime is 15.86, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 22.88.

Price to Book Value per Share Ratio

Seanergy Maritime has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.25% 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 1.37, 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 14.28%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Seanergy Maritime is a leading dividend payer. It pays a dividend yield of 4.99%, 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 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Seanergy Maritime will have a dividend payout ratio of 55.94% next year. This indicates that Seanergy Maritime will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.36

News Sentiment

Seanergy Maritime has a news sentiment score of 0.36. 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 lower news sentiment than the 0.64 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Seanergy Maritime this week, compared to 2 articles on an average week.

Search Interest

17 people have searched for SHIP on MarketBeat in the last 30 days. This is an increase of 21% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Seanergy Maritime to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Seanergy Maritime insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $49,802.00 in company stock.

Percentage Held by Insiders

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

Percentage Held by Institutions

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

Company Calendar

• Last Earnings: 11/05/2024
• Record date for 4/10 Dividend: 3/27/2026
• Ex-Dividend for 4/10 Dividend: 3/27/2026
• Dividend Payable: 4/10/2026
• Today: 5/17/2026
• Next Earnings (Estimated): 5/26/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: TRANS - SHIP
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:SHIP
• CIK: 1448397
• Web: www.seanergymaritime.com
• Phone: 302130181507
• Fax: 210-963-8404
• Employees: 50
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Seanergy Maritime: $17.00
• High Price Target: $17.00
• Low Price Target: $17.00
• Potential Upside/Downside: +7.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.00
• Trailing P/E Ratio: 15.86
• Forward P/E Ratio: 8.39
• P/E Growth: N/A
• Net Income: $21.24 million
• Net Margins: 13.08%
• Pretax Margin: 13.44%
• Return on Equity: 8.35%
• Return on Assets: 3.71%

Debt

• Debt-to-Equity Ratio: 0.84
• Current Ratio: 0.85
• Quick Ratio: 0.83

Sales & Book Value

• Annual Sales: $158.10 million
• Price / Sales: 2.10
• Cash Flow: $2.88 per share
• Price / Cash Flow: 5.50
• Book Value: $13.46 per share
• Price / Book: 1.18

Miscellaneous

• Outstanding Shares: 20,902,000
• Free Float: 19,920,000
• Market Cap: $331.51 million
• Optionable: Optionable
• Beta: 0.94