NASDAQ:CTRM

Castor Maritime - CTRM Stock Forecast, Price & News

$1.18

-0.04 (-3.28%)

(As of 02/1/2023 12:00 AM ET)

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Today's Range: $1.18
▼
$1.22
50-Day Range: $1.05
▼
$1.68
52-Week Range: $1.04
▼
$2.45

Volume: 410,453 shs
Average Volume: 380,806 shs
Market Capitalization: $106.15 million

P/E Ratio: 1.10
Dividend Yield: N/A
Price Target: N/A

Institutional Ownership

About Castor Maritime (NASDAQ:CTRM) Stock

Castor Maritime Inc. provides shipping services worldwide. The company operates through three segments: Dry Bulk, Aframax/LR2 Tanker, and Handysize Tanker. 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 December 31, 2021, the company owned and operated a fleet of 29 vessels primarily consisting of two Handysize tanker vessels, seven Aframax/LR2 tanker vessels, and 14 dry bulk vessels. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.

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CTRM Stock News Headlines

December 30, 2022 | finance.yahoo.com

Castor Maritime Inc. Announces Filing of a Revised Registration Statement for the Proposed Spin-Off of its Tanker Fleet

December 16, 2022 | finance.yahoo.com

Castor Maritime Inc. Announces Results of its 2022 Annual General Meeting of Shareholders

February 2, 2023 | Tradewins (Ad)

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December 14, 2022 | finance.yahoo.com

Castor Maritime Inc. Announces Extension of Distribution Date to Proposed Spin-Off of its Tanker Fleet

December 1, 2022 | finance.yahoo.com

Castor Maritime Inc. Announces the Deliveries of Two Containership Vessels and New $22.5 Million Debt Financing

November 25, 2022 | finance.yahoo.com

Why Shares of Castor Maritime Are Cruising Higher This Week

November 23, 2022 | finance.yahoo.com

Castor Maritime Inc. Reports Record Net income of $37.1 Million for the Three Months Ended September 30, 2022 and $84.9 Million Net income for the Nine Months Ended September 30, 2022

November 17, 2022 | seekingalpha.com

Castor Maritime - Discussing Proposed Tanker Fleet Spin-Off

February 2, 2023 | Investor Place Media (Ad)

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November 16, 2022 | finance.yahoo.com

Castor Maritime Inc. Announces Proposed Spin-Off of its Tanker Fleet

November 8, 2022 | finance.yahoo.com

Castor Maritime Inc. Announces the Date of its 2022 Annual General Meeting of Shareholders

October 31, 2022 | finance.yahoo.com

Under The Bonnet, Castor Maritime's (NASDAQ:CTRM) Returns Look Impressive

September 26, 2022 | seekingalpha.com

Castor Maritime: Outstanding Financial Condition Despite Weaker Dry Bulk Market Conditions

September 24, 2022 | seekingalpha.com

CTRM Castor Maritime Inc.

August 11, 2022 | finance.yahoo.com

Castor Maritime Inc.'s (NASDAQ:CTRM) Share Price Boosted 36% But Its Business Prospects Need A Lift Too

August 9, 2022 | finance.yahoo.com

Castor Maritime Inc. Reports Net income of $27.8 Million for the Three Months Ended June 30, 2022 and $47.7 Million Net income for the Six Months Ended June 30, 2022.

June 15, 2022 | seekingalpha.com

Imperial Petroleum: Relentless Dilution And A Memorable Conference Call

May 12, 2022 | finance.yahoo.com

There's Been No Shortage Of Growth Recently For Castor Maritime's (NASDAQ:CTRM) Returns On Capital

May 9, 2022 | seekingalpha.com

Castor Maritime GAAP EPS of $0.21, revenue of $54.64M

May 9, 2022 | finance.yahoo.com

Castor Maritime Inc. reports $20.0 Million Net income for the Three Months Ended March 31, 2022.

May 1, 2022 | finance.yahoo.com

CTRM May 2022 2.500 call

April 18, 2022 | seekingalpha.com

Castor Maritime announces three new charter agreements

April 14, 2022 | finance.yahoo.com

Why Castor Maritime Stock Shot Higher This Week

April 1, 2022 | finance.yahoo.com

Castor Maritime Inc. Announces Availability of its 2021 Annual Report on Form 20-F

March 24, 2022 | realmoney.thestreet.com

Castor Maritime, Inc. (CTRM)

March 10, 2022 | finance.yahoo.com

Castor Maritime Enters Three New Charter Agreements

March 10, 2022 | seekingalpha.com

Castor Maritime announces 3 time charter contracts

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CTRM Company Calendar

Last Earnings: 11/23/2022
Today: 2/01/2023
Next Earnings (Estimated): 2/06/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

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): $1.07
Trailing P/E Ratio: 1.10
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $52.27 million
Net Margins: 45.13%
Pretax Margin: 45.67%
Return on Equity: 29.09%
Return on Assets: 20.85%

Debt

Debt-to-Equity Ratio: 0.25
Current Ratio: 3.67
Quick Ratio: 3.50

Sales & Book Value

Annual Sales: $132.05 million
Price / Sales: 0.80
Cash Flow: $0.73 per share
Price / Cash Flow: 1.62
Book Value: $3.81 per share
Price / Book: 0.31

Miscellaneous

Outstanding Shares: 89,960,000
Free Float: N/A
Market Cap: $106.15 million
Optionable: Not Optionable
Beta: 0.94

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

Insiders & Institutions

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 beginning of the year. Since then, CTRM stock has increased by 5.4% and is now trading at $1.18.
View the best growth stocks for 2023 here.
Are investors shorting Castor Maritime?: Castor Maritime saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 1,210,000 shares, a drop of 37.6% from the December 31st total of 1,940,000 shares. Based on an average daily volume of 597,900 shares, the short-interest ratio is presently 2.0 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 Monday, February 6th 2023.
View our CTRM earnings forecast.
How were Castor Maritime's earnings last quarter?: Castor Maritime Inc. (NASDAQ:CTRM) released its quarterly earnings data on Wednesday, November, 23rd. The company reported $0.36 earnings per share (EPS) for the quarter. The business had revenue of $70.64 million for the quarter. Castor Maritime had a trailing twelve-month return on equity of 29.09% and a net margin of 45.13%.
When did Castor Maritime's stock split?: Castor Maritime's stock reverse split on 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 many different retail and institutional investors. Top institutional investors include Veriti Management LLC (0.03%) and Concourse Financial Group Securities Inc. (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 $1.18.
How much money does Castor Maritime make?: Castor Maritime (NASDAQ:CTRM) has a market capitalization of $106.15 million and generates $132.05 million in revenue each year. The company earns $52.27 million in net income (profit) each year or $1.07 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 2/2/2023 by MarketBeat.com Staff

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