NASDAQ:SHIP

Seanergy Maritime (SHIP) Stock Forecast, Price & News

$4.25

-0.06 (-1.39%)

(As of 05/30/2023 ET)

Compare

Today's Range: $4.21
▼
$4.38
50-Day Range: $4.13
▼
$5.55
52-Week Range: $4.11
▼
$12.30

Volume: 128,610 shs
Average Volume: 221,211 shs
Market Capitalization: $77.31 million

P/E Ratio: 8.50
Dividend Yield: 2.35%
Price Target: N/A

Seanergy Maritime MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
6.88% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.52
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.92) to $0.27 Per Share

Overall MarketRank^™

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

1.84 out of 5 stars

Transportation Sector

98th out of 122 stocks

Deep Sea Foreign Transportation Of Freight Industry

27th out of 29 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Seanergy Maritime.

1.0

Short Interest

Percentage of Shares Shorted
6.88% of the float of Seanergy Maritime has been sold short.
Short Interest Ratio / Days to Cover
Seanergy Maritime has a short interest ratio ("days to cover") of 5.1.
Change versus previous month

2.5

Dividend Strength

Dividend Yield
Seanergy Maritime pays a meaningful dividend of 2.32%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Seanergy Maritime does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Seanergy Maritime is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Seanergy Maritime will have a dividend payout ratio of 37.04% next year. This indicates that Seanergy Maritime will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

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

2.5

News and Social Media Coverage

News Sentiment
Seanergy Maritime has a news sentiment score of 0.52. 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 news sentiment score is similar to the average news sentiment of Transportation companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Seanergy Maritime this week, compared to 1 article on an average week.
Search Interest
Only 11 people have searched for SHIP on MarketBeat in the last 30 days. This is a decrease of -15% compared to the previous 30 days.
MarketBeat Follows
3 people have added Seanergy Maritime to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Seanergy Maritime insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.70% of the stock of Seanergy Maritime is held by insiders.
Percentage Held by Institutions
Only 1.41% of the stock of Seanergy Maritime is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Seanergy Maritime are expected to grow in the coming year, from ($0.92) to $0.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Seanergy Maritime is 8.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of Seanergy Maritime is 8.50, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 23.54.
Price to Book Value per Share Ratio
Seanergy Maritime has a P/B Ratio of 0.35. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Seanergy Maritime (NASDAQ:SHIP) Stock

Seanergy Maritime Holdings Corp. is an international shipping company, which engages in the seaborne transportation of dry bulk commodities. It focuses on the owning and management of a fleet of Capesize bulk carriers. The company was founded on January 4, 2008 and is headquartered in Athens, Greece.

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SHIP Stock News Headlines

May 28, 2023 | finance.yahoo.com

Seanergy Maritime Holdings (NASDAQ:SHIP) Is Paying Out A Dividend Of $0.025

May 27, 2023 | markets.businessinsider.com

Maxim Group Sticks to Its Buy Rating for Seanergy Maritime (SHIP)

May 30, 2023 | Chaikin Analytics (Ad)

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May 27, 2023 | americanbankingnews.com

Seanergy Maritime Holdings Corp. (SHIP) to Issue Quarterly Dividend of $0.03 on July 6th

May 26, 2023 | msn.com

Seanergy Maritime Holdings: Downgrading On Weaker Charter Rate Prospects And Renewed Corporate Governance Concerns

May 25, 2023 | markets.businessinsider.com

Maxim Group Reaffirms Their Buy Rating on Seanergy Maritime (SHIP)

May 22, 2023 | americanbankingnews.com

Seanergy Maritime (NASDAQ:SHIP) Now Covered by StockNews.com

May 11, 2023 | finance.yahoo.com

Seanergy Maritime Successfully Completes $54 million Refinancing Transactions for 3 Capesize Vessels with Significant Cost and Liquidity Benefits for the Company

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April 20, 2023 | americanbankingnews.com

Seanergy Maritime (NASDAQ:SHIP) Rating Lowered to Sell at StockNews.com

April 16, 2023 | americanbankingnews.com

Seanergy Maritime (NASDAQ:SHIP) Shares Cross Above 200-Day Moving Average of $2.00

April 9, 2023 | americanbankingnews.com

Seanergy Maritime (NASDAQ:SHIP) Upgraded at StockNews.com

April 4, 2023 | benzinga.com

Seanergy Maritime Announces Availability of its 2022 Annual Report on Form 20-F

April 4, 2023 | finance.yahoo.com

Seanergy Maritime Announces Availability of its 2022 Annual Report on Form 20-F

April 3, 2023 | finance.yahoo.com

Seanergy Maritime Update on Common Share Purchases by CEO and Management

April 3, 2023 | finance.yahoo.com

Are Investors Undervaluing Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) By 20%?

April 2, 2023 | americanbankingnews.com

Seanergy Maritime (NASDAQ:SHIP) Stock Price Passes Above 200 Day Moving Average of $1.71

March 25, 2023 | thestreet.com

Why Seanergy Maritime Holdings (SHIP) Stock Is Surging Today

March 17, 2023 | finance.yahoo.com

Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) Q4 2022 Earnings Call Transcript

March 16, 2023 | msn.com

Seanergy Maritime Holdings (SHIP) Declares $0.02 Dividend

March 15, 2023 | markets.businessinsider.com

Seanergy Maritime (SHIP) Receives a Buy from Noble Financial

March 15, 2023 | seekingalpha.com

Seanergy Maritime: Strong Buy With Negative Catalysts Now In The Rear View Mirror

March 14, 2023 | markets.businessinsider.com

What Wall Street expects from Seanergy Maritime's earnings

March 10, 2023 | finance.yahoo.com

Seanergy Maritime Announces the Date for the Fourth Quarter and Year Ended December 31, 2022 Financial Results, Conference Call and Webcast

February 21, 2023 | finance.yahoo.com

Why Investors Shouldn't Be Surprised By Seanergy Maritime Holdings Corp.'s (NASDAQ:SHIP) Low P/E

February 15, 2023 | finance.yahoo.com

Seanergy Maritime Announces Effective Date of Reverse Stock Split and Additional Open-Market Stock Purchase Plan by the CEO

February 15, 2023 | markets.businessinsider.com

Maxim Group Sticks to Their Hold Rating for Top Ships (TOPS)

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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SHIP Company Calendar

Last Earnings: 3/14/2023
Ex-Dividend for 4/25 Dividend: 3/30/2023
Dividend Payable: 4/25/2023
Today: 5/30/2023
Ex-Dividend for 7/6 Dividend: 6/21/2023
Dividend Payable: 7/06/2023
Next Earnings (Estimated): 8/03/2023
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:SHIP
CUSIP: N/A
CIK: 1448397
Web: www.seanergymaritime.com
Phone: 302130181507
Fax: 210-963-8404
Employees: 46
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.50
Trailing P/E Ratio: 8.48
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $17.24 million
Net Margins: 8.28%
Pretax Margin: 13.77%
Return on Equity: 5.46%
Return on Assets: 2.44%

Debt

Debt-to-Equity Ratio: 0.89
Current Ratio: 0.65
Quick Ratio: 0.63

Sales & Book Value

Annual Sales: $125.02 million
Price / Sales: 0.62
Cash Flow: $2.94 per share
Price / Cash Flow: 1.44
Book Value: $12.19 per share
Price / Book: 0.35

Miscellaneous

Outstanding Shares: 18,190,000
Free Float: 17,337,000
Market Cap: $77.13 million
Optionable: Not Optionable
Beta: 0.49

Social Links

Key Executives

Stamatios Tsantanis
Chairman & Chief Executive Officer

Aristeidis Lagos
Chief Operating Officer

Stavros Gyftakis
Chief Financial Officer

Stavros Vafeiadis
Manager-Information Technology

Steilos Psillakis
Chief Technical Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SHIP Stock - Frequently Asked Questions

How have SHIP shares performed in 2023?: Seanergy Maritime's stock was trading at $0.4955 at the start of the year. Since then, SHIP stock has increased by 755.7% and is now trading at $4.24.
View the best growth stocks for 2023 here.
When is Seanergy Maritime's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our SHIP earnings forecast.
How were Seanergy Maritime's earnings last quarter?: Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) released its earnings results on Tuesday, March, 14th. The shipping company reported $0.05 earnings per share (EPS) for the quarter. The shipping company had revenue of $28.53 million for the quarter. Seanergy Maritime had a trailing twelve-month return on equity of 5.46% and a net margin of 8.28%.
How often does Seanergy Maritime pay dividends? What is the dividend yield for Seanergy Maritime?: Seanergy Maritime declared a quarterly dividend on Thursday, May 25th. Shareholders 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 2.36%. The ex-dividend date is Wednesday, June 21st.
Read our dividend analysis for SHIP.
What ETF holds Seanergy Maritime's stock ?: iShares MSCI Kuwait ETF holds 296,439 shares of SHIP stock, representing 1.08% of its portfolio.
Is Seanergy Maritime a good dividend stock?: 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.

When did Seanergy Maritime's stock split?: Shares of Seanergy Maritime reverse split before market open on 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.
What other stocks do shareholders of Seanergy Maritime own?: 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).
What is Seanergy Maritime's stock symbol?: Seanergy Maritime trades on the NASDAQ under the ticker symbol "SHIP."
Who are Seanergy Maritime's major shareholders?: Seanergy Maritime's stock is owned by a variety of retail and institutional investors. Top institutional investors 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%).
How do I buy shares of Seanergy Maritime?: 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.
Compare Top Brokerages Here.
What is Seanergy Maritime's stock price today?: One share of SHIP stock can currently be purchased for approximately $4.24.
How much money does Seanergy Maritime make?: Seanergy Maritime (NASDAQ:SHIP) has a market capitalization of $77.13 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.
How can I contact Seanergy Maritime?: 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.

This page (NASDAQ:SHIP) was last updated on 5/30/2023 by MarketBeat.com Staff

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