Seanergy Maritime (SHIP) Stock Forecast, Price & News

Seanergy Maritime's stock was trading at $0.4955 on January 1st, 2023. Since then, SHIP shares have increased by 769.8% and is now trading at $4.31.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our SHIP earnings forecast.

Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) announced its quarterly earnings results on Tuesday, March, 14th. The shipping company reported $0.05 EPS for the quarter. The shipping company earned $28.53 million during the quarter. Seanergy Maritime had a net margin of 8.28% and a trailing twelve-month return on equity of 5.46%.

Seanergy Maritime announced a quarterly dividend on Thursday, May 25th. Stockholders of record on Thursday, June 22nd will be given a dividend of $0.025 per share on Thursday, July 6th. This represents a $0.10 annualized dividend and a yield of 2.32%. The ex-dividend date of this dividend is Wednesday, June 21st.
Read our dividend analysis for SHIP.

iShares MSCI Kuwait ETF holds 296,439 shares of SHIP stock, representing 1.08% of its portfolio.

Seanergy Maritime (NASDAQ:SHIP) pays an annual dividend of $0.10 per share and currently has a dividend yield of 2.32%. The dividend payout ratio is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHIP will have a dividend payout ratio of 37.04% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHIP.

Shares of Seanergy Maritime reverse split on the morning of Wednesday, March 20th 2019. The 1-15 reverse split was announced on Tuesday, February 26th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, March 19th 2019. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Seanergy Maritime investors own include Gran Tierra Energy (GTE), Bionano Genomics (BNGO), Matinas BioPharma (MTNB), Pennsylvania Real Estate Investment Trust (PEI), Novan (NOVN), CNBX Pharmaceuticals (CNBX), Aeterna Zentaris (AEZS), CBL & Associates Properties (CBL), DHT (DHT) and ADMA Biologics (ADMA).

Seanergy Maritime trades on the NASDAQ under the ticker symbol "SHIP."

Seanergy Maritime's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Credit Suisse AG (0.51%), Arrowstreet Capital Limited Partnership (0.50%), B. Riley Wealth Advisors Inc. (0.38%), State Street Corp (0.14%), Barclays PLC (0.06%) and Two Sigma Advisers LP (0.06%).

Shares of SHIP 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.
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One share of SHIP stock can currently be purchased for approximately $4.31.

Seanergy Maritime (NASDAQ:SHIP) has a market capitalization of $78.40 million and generates $125.02 million in revenue each year. The shipping company earns $17.24 million in net income (profit) each year or $0.50 on an earnings per share basis.

Seanergy Maritime's mailing address is 154 VOULIAGMENIS AVENUE GLYFADA, ATHENS J3, 16674. The official website for the company is www.seanergymaritime.com. The shipping company can be reached via phone at 302130181507, via email at seanergy@capitallink.com, or via fax at 210-963-8404.