NASDAQ:CTRM

Castor Maritime (CTRM) Stock Forecast, Price & News

$0.39

+0.00 (+1.06%)

(As of 09/22/2023 08:51 PM ET)

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Today's Range: $0.39
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$0.40
50-Day Range: $0.39
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$0.56
52-Week Range: $0.39
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$1.75

Volume: 416,000 shs
Average Volume: 784,191 shs
Market Capitalization: $37.10 million

P/E Ratio: 0.41
Dividend Yield: N/A
Price Target: N/A

About Castor Maritime (NASDAQ:CTRM) Stock

Castor Maritime Inc. provides shipping services worldwide. The company operates through four segments: Dry Bulk Vessels, Aframax/LR2 Tanker, Handysize Tanker Vessels, and Containerships. It offers seaborne transportation services for dry bulk cargo; commodities, such as iron ore, coal, soybeans, etc.; and crude oil and refined petroleum products. As of March 08, 2023, the company owned and operated a fleet of 22 vessels primarily consisting of one Capesize, seven Kamsarmax, two Handysize tanker vessels, five Aframax/LR2 tanker vessels, and 12 dry bulk vessels, as well as 22,700 TEU containership vessels. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.

CTRM Price History

30 days | 90 days | 365 days | Advanced Chart

CTRM Stock News Headlines

September 15, 2023 | americanbankingnews.com

Castor Maritime (NASDAQ:CTRM) Shares Up 2.3%

September 5, 2023 | finance.yahoo.com

Castor Maritime Inc. Announces Results of its 2023 Annual General Meeting of Shareholders

September 25, 2023 | Legacy Research (Ad)

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August 9, 2023 | finance.yahoo.com

Castor Maritime's (NASDAQ:CTRM) earnings have declined over three years, contributing to shareholders 53% loss

August 8, 2023 | finance.yahoo.com

Castor Maritime Inc. Reports Net Income of $8.2 Million for the Three Months Ended June 30, 2023 and Net income of $19 Million for the Six Months Ended June 30, 2023

July 31, 2023 | finance.yahoo.com

Castor Maritime Inc. Announces the Date of its 2023 Annual General Meeting of Shareholders

July 24, 2023 | finance.yahoo.com

Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Twilight

July 4, 2023 | sg.finance.yahoo.com

CTRM - Castor Maritime Inc.

September 25, 2023 | Behind the Markets (Ad)

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June 15, 2023 | finance.yahoo.com

Castor Maritime Inc. Announces the Sale of the M/V Magic Twilight for $17.5 Million and With an Expected Net Gain of $4.0 Million

May 30, 2023 | msn.com

Castor Maritime - Sell On Renewed Dilution Concerns

May 23, 2023 | msn.com

Castor Maritime GAAP EPS of -$0.07, revenue of $24.47M

May 23, 2023 | finance.yahoo.com

Castor Maritime Inc. Reports Net Income of $10.8 Million for the Three Months Ended March 31, 2023; Spin-Off of Tanker Business Completed on March 7, 2023

May 21, 2023 | fool.com

Castor Maritime (NASDAQ: CTRM)

April 21, 2023 | finance.yahoo.com

Castor Maritime Inc. Announces Receipt of NASDAQ Notice

April 19, 2023 | seekingalpha.com

Castor Maritime announces completion of the sale of the M/V Magic Rainbow

April 19, 2023 | finance.yahoo.com

Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Rainbow

April 18, 2023 | finance.yahoo.com

Castor Maritime (NASDAQ:CTRM) Knows How To Allocate Capital Effectively

April 3, 2023 | finance.yahoo.com

Castor Maritime Inc. Announces the Sale of the M/V Magic Moon for $13.95 Million and With an Expected Net Gain of $5.3 Million

March 20, 2023 | finance.yahoo.com

Castor Maritime Inc. Announces the Sale of the M/V Magic Rainbow for $12.6 Million and With an Expected Net Gain of $4.4 Million

March 10, 2023 | benzinga.com

Castor Maritime Stock (NASDAQ:CTRM), Analyst Ratings, Price Targets, Predictions

March 10, 2023 | finance.yahoo.com

Castor Maritime Full Year 2022 Earnings: EPS: US$1.25 (vs US$0.48 in FY 2021)

March 8, 2023 | msn.com

Why Castor Maritime (CTRM) Shares Are Trading Higher

February 25, 2023 | insidermonkey.com

5 High Growth Penny Stocks that are Profitable

February 13, 2023 | finance.yahoo.com

Castor Maritime Inc. Announces Distribution Date for the Proposed Spin-Off of its Tanker Fleet

February 6, 2023 | finance.yahoo.com

Castor Maritime's (NASDAQ:CTRM) earnings have declined over three years, contributing to shareholders 90% loss

February 2, 2023 | finance.yahoo.com

Castor Maritime Inc. Announces Record Date for the Proposed Spin-Off of its Tanker Fleet

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CTRM Company Calendar

Last Earnings: 8/08/2023
Today: 9/25/2023
Next Earnings (Estimated): 11/22/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Deep sea foreign transportation of freight
Sub-Industry: N/A
Sector: Transportation
Current Symbol: NASDAQ:CTRM
CUSIP: N/A
CIK: 1720161
Web: www.castormaritime.com
Phone: 357-2535-7767
Fax: 357-2535-7796
Employees: 1
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.95
Trailing P/E Ratio: 0.41
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $118.56 million
Net Margins: 47.36%
Pretax Margin: 42.72%
Return on Equity: 16.13%
Return on Assets: 12.09%

Debt

Debt-to-Equity Ratio: 0.19
Current Ratio: 3.28
Quick Ratio: 3.23

Sales & Book Value

Annual Sales: $262.10 million
Price / Sales: 0.14
Cash Flow: $1.51 per share
Price / Cash Flow: 0.26
Book Value: $4.88 per share
Price / Book: 0.08

Miscellaneous

Outstanding Shares: 94,610,000
Free Float: N/A
Market Cap: $37.10 million
Optionable: Not Optionable
Beta: 0.87

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Key Executives

Mr. Petros Panagiotidis (Age 32)
Founder, Chairman, CEO, CFO, Pres & Treasurer

Mr. Dionysios E. Makris (Age 41)
Sec. & Independent Director

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CTRM Stock - Frequently Asked Questions

How have CTRM shares performed in 2023?: Castor Maritime's stock was trading at $1.12 at the start of the year. Since then, CTRM shares have decreased by 65.0% and is now trading at $0.3921.
View the best growth stocks for 2023 here.
Are investors shorting Castor Maritime?: Castor Maritime saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 966,600 shares, a decrease of 26.2% from the August 15th total of 1,310,000 shares. Based on an average trading volume of 459,000 shares, the days-to-cover ratio is presently 2.1 days.
View Castor Maritime's Short Interest.
When is Castor Maritime's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 22nd 2023.
View our CTRM earnings forecast.
How were Castor Maritime's earnings last quarter?: Castor Maritime Inc. (NASDAQ:CTRM) announced its quarterly earnings data on Tuesday, August, 8th. The company reported $0.03 earnings per share for the quarter. The firm earned $25.28 million during the quarter. Castor Maritime had a trailing twelve-month return on equity of 16.13% and a net margin of 47.36%.
When did Castor Maritime's stock split?: Shares of Castor Maritime reverse split on the morning of Friday, May 28th 2021. The 1-10 reverse split was announced on Friday, May 21st 2021. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, May 27th 2021. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.
What other stocks do shareholders of Castor Maritime own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Castor Maritime investors own include Ocugen (OCGN), Top Ships (TOPS), BIO-key International (BKYI), Onconova Therapeutics (ONTX), Vislink Technologies (VISL), Biocept (BIOC), Globus Maritime (GLBS), Genius Brands International (GNUS), Purple Biotech (KTOV) and Naked Brand Group (NAKD).

What is Castor Maritime's stock symbol?: Castor Maritime trades on the NASDAQ under the ticker symbol "CTRM."
Who are Castor Maritime's major shareholders?: Castor Maritime's stock is owned by a number of retail and institutional investors. Top institutional investors include Geode Capital Management LLC (0.09%), Citadel Advisors LLC (0.00%) and Simplex Trading LLC (0.00%).
How do I buy shares of Castor Maritime?: Shares of CTRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Castor Maritime's stock price today?: One share of CTRM stock can currently be purchased for approximately $0.39.
How much money does Castor Maritime make?: Castor Maritime (NASDAQ:CTRM) has a market capitalization of $37.10 million and generates $262.10 million in revenue each year. The company earns $118.56 million in net income (profit) each year or $0.95 on an earnings per share basis.
How can I contact Castor Maritime?: Castor Maritime's mailing address is CHRISTODOULOU CHATZIPAVLOU 223 HAWAII ROYAL GARDENS APART. 16, LIMASSOL G4, 3036. The official website for the company is www.castormaritime.com. The company can be reached via phone at 357-2535-7767, via email at ir@castormaritime.com, or via fax at 357-2535-7796.

This page (NASDAQ:CTRM) was last updated on 9/25/2023 by MarketBeat.com Staff

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