NASDAQ:OMEX

Odyssey Marine Exploration (OMEX) Stock Forecast, Price & News

$3.74

+0.12 (+3.31%)

(As of 09/29/2023 08:53 PM ET)

Compare

Today's Range: $3.62
▼
$3.76
50-Day Range: $3.55
▼
$4.35
52-Week Range: $2.71
▼
$4.68

Volume: 38,900 shs
Average Volume: 49,866 shs
Market Capitalization: $74.73 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.50

Odyssey Marine Exploration MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 100.5% Upside
$7.50 Price Target
Short Interest: Bearish
5.40% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.46
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.23 out of 5 stars

Transportation Sector

66th out of 115 stocks

Water Transportation Industry

13th out of 17 stocks

3.5

Analyst's Opinion

Consensus Rating
Odyssey Marine Exploration has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.50, Odyssey Marine Exploration has a forecasted upside of 100.5% from its current price of $3.74.
Amount of Analyst Coverage
Odyssey Marine Exploration has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.40% of the outstanding shares of Odyssey Marine Exploration have been sold short.
Short Interest Ratio / Days to Cover
Odyssey Marine Exploration has a short interest ratio ("days to cover") of 13.9, which indicates bearish sentiment.
Change versus previous month
Short interest in Odyssey Marine Exploration has recently decreased by 0.92%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Odyssey Marine Exploration does not currently pay a dividend.
Dividend Growth
Odyssey Marine Exploration does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OMEX.

4.1

News and Social Media Coverage

News Sentiment
Odyssey Marine Exploration has a news sentiment score of 1.46. 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 higher news sentiment than the 0.62 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Odyssey Marine Exploration this week, compared to 0 articles on an average week.
Search Interest
1 people have searched for OMEX on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added Odyssey Marine Exploration to their MarketBeat watchlist in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Odyssey Marine Exploration insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.80% of the stock of Odyssey Marine Exploration is held by insiders.
Percentage Held by Institutions
Only 35.91% of the stock of Odyssey Marine Exploration is held by institutions.

N/A

Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

About Odyssey Marine Exploration (NASDAQ:OMEX) Stock

Odyssey Marine Exploration, Inc., together with its subsidiaries, discovers, validates, and develops seafloor mineral resources worldwide. The company provides specialized mineral exploration, project development, and marine services to clients. Odyssey Marine Exploration, Inc. was founded in 1994 and is headquartered in Tampa, Florida.

OMEX Price History

30 days | 90 days | 365 days | Advanced Chart

OMEX Stock News Headlines

September 26, 2023 | americanbankingnews.com

Odyssey Marine Exploration (NASDAQ:OMEX) Shares Cross Above 200 Day Moving Average of $3.48

September 4, 2023 | finance.yahoo.com

The past five years for Odyssey Marine Exploration (NASDAQ:OMEX) investors has not been profitable

October 2, 2023 | Behind the Markets (Ad)

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June 13, 2023 | msn.com

BurgerFi International appoints CFO

June 13, 2023 | bizjournals.com

BurgerFi appoints former Wall Street analyst as new CFO

June 13, 2023 | seekingalpha.com

Odyssey Marine Exploration CFO to step down

June 13, 2023 | finance.yahoo.com

Odyssey Marine Exploration Announces the Departure of its Chief Financial Officer

June 5, 2023 | finance.yahoo.com

Odyssey Marine Exploration Announces Partnership with Ocean Minerals LLC for a New Cook Islands Exploration Project

October 2, 2023 | Legacy Research (Ad)

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If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.

May 25, 2023 | finance.yahoo.com

Odyssey Marine Exploration to Attend Two Upcoming Mining Investment Conferences

April 6, 2023 | msn.com

EF Hutton Reiterates Odyssey Marine Exploration (OMEX) Buy Recommendation

March 10, 2023 | finance.yahoo.com

Odyssey Marine Exploration Announces Reduction of Debt & Potential Dilution That Is Accretive to Shareholders; Provides Updates on Company Projects and Progress

February 6, 2023 | finance.yahoo.com

The past year for Odyssey Marine Exploration (NASDAQ:OMEX) investors has not been profitable

November 17, 2022 | finance.yahoo.com

Odyssey Marine Exploration Third Quarter 2022 Earnings: US$0.28 loss per share (vs US$0.31 loss in 3Q 2021)

September 16, 2022 | finance.yahoo.com

Odyssey Marine Exploration Reaches Major Milestone in $2B+ NAFTA Case

August 18, 2022 | finance.yahoo.com

Investors in Odyssey Marine Exploration (NASDAQ:OMEX) have unfortunately lost 46% over the last year

August 16, 2022 | finance.yahoo.com

Odyssey Marine Exploration Reports Second Quarter 2022 Results and Provides Project Updates

June 14, 2022 | finance.yahoo.com

Odyssey Marine Exploration Provides Update

June 10, 2022 | finance.yahoo.com

Odyssey Marine Exploration Announces Closing of $16.5 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

June 8, 2022 | finance.yahoo.com

Odyssey Marine Exploration Stock Falls Following $16.5M Direct Offering

June 8, 2022 | marketwatch.com

Odyssey Marine Exploration Prices Direct Offering

June 8, 2022 | finance.yahoo.com

Odyssey Marine Exploration Announces Pricing of $16.5 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

April 6, 2022 | finance.yahoo.com

Here's What Odyssey Marine Exploration, Inc.'s (NASDAQ:OMEX) Shareholder Ownership Structure Looks Like

March 31, 2022 | seekingalpha.com

Odyssey Marine Exploration GAAP EPS of -$0.75, revenue of $0.92M

January 24, 2022 | nasdaq.com

A Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) insider lowered their holding by 19% earlier this year

November 17, 2021 | benzinga.com

Odyssey Marine Exploration Reports Q3 Earnings Results

October 5, 2021 | msn.com

BRIEF-Odyssey Marine Exploration Announces Significant Debt Reduction And Continued Focus On Mineral Exploration And Development

See More Headlines

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OMEX Company Calendar

Last Earnings: 3/30/2020
Today: 10/01/2023
Next Earnings (Estimated): 10/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Water transportation
Sub-Industry: Research & Consulting Services
Sector: Transportation
Current Symbol: NASDAQ:OMEX
CUSIP: 67611810
CIK: 798528
Web: www.odysseymarine.com
Phone: (813) 876-1776
Fax: 813-876-1777
Employees: 14
Year Founded: 1994

Price Target and Rating

Average Stock Price Forecast: $7.50
High Stock Price Forecast: $7.50
Low Stock Price Forecast: $7.50
Forecasted Upside/Downside: +100.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-23,140,000.00
Net Margins: 58.65%
Pretax Margin: -716.99%
Return on Equity: N/A
Return on Assets: -57.92%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.11
Quick Ratio: 0.11

Sales & Book Value

Annual Sales: $1.11 million
Price / Sales: 67.56
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($3.93) per share
Price / Book: -0.95

Miscellaneous

Outstanding Shares: 19,982,000
Free Float: 18,423,000
Market Cap: $74.73 million
Optionable: Optionable
Beta: 0.69

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Key Executives

Mr. Mark D. Gordon (Age 63)
Chairman & CEO
Comp: $592.78k

Mr. John D. Longley Jr. (Age 56)
Pres & COO
Comp: $331.25k

Mr. Gregory P. Stemm (Age 66)
Co-Founder & Chairman Emeritus

Dr. Rahul Sharma
Chief Science Advisor

Ms. Susan A. Fennessey J.D.
Gen. Counsel

Captain Christopher Moore
Head of Marine Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OMEX Stock - Frequently Asked Questions

Should I buy or sell Odyssey Marine Exploration stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Odyssey Marine Exploration in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OMEX shares.
View OMEX analyst ratings or view top-rated stocks.
What is Odyssey Marine Exploration's stock price forecast for 2023?: 1 equities research analysts have issued 1-year price targets for Odyssey Marine Exploration's shares. Their OMEX share price forecasts range from $7.50 to $7.50. On average, they anticipate the company's share price to reach $7.50 in the next year. This suggests a possible upside of 100.5% from the stock's current price.
View analysts price targets for OMEX or view top-rated stocks among Wall Street analysts.
How have OMEX shares performed in 2023?: Odyssey Marine Exploration's stock was trading at $3.88 at the beginning of 2023. Since then, OMEX stock has decreased by 3.6% and is now trading at $3.74.
View the best growth stocks for 2023 here.
When is Odyssey Marine Exploration's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 2nd 2023.
View our OMEX earnings forecast.
How were Odyssey Marine Exploration's earnings last quarter?: Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) released its quarterly earnings results on Monday, March, 30th. The business services provider reported ($0.24) EPS for the quarter. The business services provider earned $0.77 million during the quarter.

What other stocks do shareholders of Odyssey Marine Exploration own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Odyssey Marine Exploration investors own include United States Steel (X), Clorox (CLX), (HCLP) (HCLP), OPKO Health (OPK), ChemoCentryx (CCXI), Nucor (NUE), Boyd Gaming (BYD), Kenon (KEN), MEI Pharma (MEIP) and
What is Odyssey Marine Exploration's stock symbol?: Odyssey Marine Exploration trades on the NASDAQ under the ticker symbol "OMEX."
How do I buy shares of Odyssey Marine Exploration?: Shares of OMEX 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 Odyssey Marine Exploration's stock price today?: One share of OMEX stock can currently be purchased for approximately $3.74.
How much money does Odyssey Marine Exploration make?: Odyssey Marine Exploration (NASDAQ:OMEX) has a market capitalization of $74.73 million and generates $1.11 million in revenue each year.
How can I contact Odyssey Marine Exploration?: Odyssey Marine Exploration's mailing address is 205 S. HOOVER BLVD. SUITE 210, TAMPA FL, 33609. The official website for the company is www.odysseymarine.com. The business services provider can be reached via phone at (813) 876-1776, via email at omex@liolios.com, or via fax at 813-876-1777.

This page (NASDAQ:OMEX) was last updated on 10/2/2023 by MarketBeat.com Staff

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