Should I buy or sell Odyssey Marine Exploration stock right now?

1 Wall Street 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 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 target for 2024?

1 equities research analysts have issued 12 month price targets for Odyssey Marine Exploration's stock. Their OMEX share price targets range from $7.50 to $7.50. On average, they predict the company's share price to reach $7.50 in the next twelve months. This suggests a possible upside of 110.7% 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 on January 1st, 2023. Since then, OMEX shares have decreased by 8.2% and is now trading at $3.56. 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, December 4th 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 data on Monday, March, 30th. The business services provider reported ($0.24) earnings per share for the quarter. The business services provider had revenue of $0.77 million for 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

Who are Odyssey Marine Exploration's major shareholders?

Odyssey Marine Exploration's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Antonetti Capital Management LLC (1.39%), Group One Trading L.P. (0.00%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Fourworld Capital Management L, John Abbott, Laura Lionetti Barton and Mark B Justh . View institutional ownership trends .

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 .

Odyssey Marine Exploration Stock Price, News & Analysis (NASDAQ:OMEX)

$3.56

+0.06 (+1.71%)

(As of 12/4/2023 ET)

Compare

Today's Range: $3.40
▼
$3.57
50-Day Range: $3.32
▼
$4.45
52-Week Range: $2.77
▼
$4.68

Volume: 59,366 shs
Average Volume: 52,765 shs
Market Capitalization: $71.13 million

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

Odyssey Marine Exploration MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 110.7% Upside
$7.50 Price Target
Short Interest: Bearish
5.46% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.30
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.

1.92 out of 5 stars

Transportation Sector

82nd out of 112 stocks

Water Transportation Industry

14th 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 110.7% from its current price of $3.56.
Amount of Analyst Coverage
Odyssey Marine Exploration has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
5.46% 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 14.5, which indicates bearish sentiment.
Change versus previous month

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.

2.9

News and Social Media Coverage

News Sentiment
Odyssey Marine Exploration has a news sentiment score of 1.30. 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 0.46 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
Only 1 people have searched for OMEX on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 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 Stock (NASDAQ:OMEX)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OMEX Stock News Headlines

December 1, 2023 | americanbankingnews.com

Odyssey Marine Exploration (NASDAQ:OMEX) Stock Price Crosses Above Two Hundred Day Moving Average of $3.67

November 28, 2023 | finance.yahoo.com

Odyssey Marine Exploration Addresses NASDAQ Compliance Matters

December 5, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

October 28, 2023 | seekingalpha.com

OMEX Odyssey Marine Exploration, Inc.

October 21, 2023 | fool.com

Odyssey Marine Exploration (NASDAQ: OMEX)

September 4, 2023 | finance.yahoo.com

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

June 13, 2023 | msn.com

BurgerFi International appoints CFO

June 13, 2023 | bizjournals.com

BurgerFi appoints former Wall Street analyst as new CFO

December 5, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

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

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

See More Headlines

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Company Calendar

Last Earnings: 3/30/2020
Today: 12/04/2023
Next Earnings (Estimated): 12/04/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

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 Target: $7.50
High Stock Price Target: $7.50
Low Stock Price Target: $7.50
Potential Upside/Downside: +110.7%
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: $1.34 million
Price / Sales: 53.08
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($3.93) per share
Price / Book: -0.91

Miscellaneous

Outstanding Shares: 19,980,000
Free Float: 18,423,000
Market Cap: $71.13 million
Optionable: Optionable
Beta: 0.63

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Key Executives

Mr. Mark D. Gordon (Age 63)
Chairman & CEO
Comp: $592.78k
Mr. John D. Longley Jr. (Age 56)
President & COO
Comp: $331.25k
Mr. Gregory P. Stemm (Age 66)
Co-Founder & Chairman Emeritus
Comp: $440.36k
Dr. Rahul Sharma
Chief Science Advisor
Ms. Susan A. Fennessey J.D.
General Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OMEX Stock Analysis - Frequently Asked Questions

Should I buy or sell Odyssey Marine Exploration stock right now?: 1 Wall Street 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 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 target for 2024?: 1 equities research analysts have issued 12 month price targets for Odyssey Marine Exploration's stock. Their OMEX share price targets range from $7.50 to $7.50. On average, they predict the company's share price to reach $7.50 in the next twelve months. This suggests a possible upside of 110.7% 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 on January 1st, 2023. Since then, OMEX shares have decreased by 8.2% and is now trading at $3.56.
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, December 4th 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 data on Monday, March, 30th. The business services provider reported ($0.24) earnings per share for the quarter. The business services provider had revenue of $0.77 million for 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
Who are Odyssey Marine Exploration's major shareholders?: Odyssey Marine Exploration's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Antonetti Capital Management LLC (1.39%), Group One Trading L.P. (0.00%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Fourworld Capital Management L, John Abbott, Laura Lionetti Barton and Mark B Justh.
View institutional ownership trends.
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.

This page (NASDAQ:OMEX) was last updated on 12/5/2023 by MarketBeat.com Staff

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