Top Ships (TOPS) Stock Price, News & Analysis

Company Overview

Top Ships Inc., incorporated in the Republic of the Marshall Islands and trading on NASDAQ under the symbol TOPS, is a global dry bulk shipping company. The firm specializes in the transportation of commodities such as iron ore, coal and grains and operates a fleet of Panamax, Kamsarmax and Capesize vessels. Through a mix of long-term time charters and spot charters, Top Ships serves a diversified customer base in the bulk shipping market.

Since its founding, Top Ships has pursued a strategy of fleet growth via acquisitions of second-hand vessels, aiming to capitalize on favorable market cycles. In April 2016, the company filed for Chapter 11 bankruptcy protection and successfully emerged later that year with a restructured balance sheet and reduced debt obligations. This financial reorganization allowed the business to refocus on chartering operations and pursue selective opportunities in the dry bulk segment.

Top Ships conducts its commercial operations worldwide, calling major ports in Europe, Asia, the Americas and other key regions for bulk cargo. Its management team brings together maritime professionals with expertise in vessel operations, chartering, finance and risk management. The board includes shipping industry veterans who oversee strategic decisions to optimize the deployment and utilization of the fleet.

Key Stats

• Today's Range: $5.49 to $5.96
• 50-Day Range: $5.31 to $6.30
• 52-Week Range: $5.00 to $11.47
• Volume: 14,197 shs
• Average Volume: 44,699 shs
• Market Capitalization: $26.55 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

TOPS Stock Analysis - Frequently Asked Questions

How have TOPS shares performed this year?

Top Ships' stock was trading at $6.03 at the beginning of the year. Since then, TOPS shares have decreased by 4.8% and is now trading at $5.74.

When did Top Ships' stock split?

Top Ships shares reverse split before market open on Friday, September 29th 2023.The 1-12 reverse split was announced on Friday, September 29th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, September 29th 2023. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split.

How do I buy shares of Top Ships?

Shares of TOPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Top Ships own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Top Ships investors own include Sangamo Therapeutics (SGMO), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), GE Aerospace (GE), Tesla (TSLA) and Seanergy Maritime (SHIP).

Company Calendar

• Today: 10/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Deep sea foreign transportation of freight
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:TOPS
• CIK: 1296484
• Web: www.topships.org
• Phone: 302108128000
• Fax: 30 210 614 1273
• Employees: 150
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 1.78
• Current Ratio: 0.63
• Quick Ratio: 0.61

Sales & Book Value

• Annual Sales: $86.13 million
• Price / Sales: 0.31
• Cash Flow: $7.76 per share
• Price / Cash Flow: 0.74
• Book Value: $30.15 per share
• Price / Book: 0.19

Miscellaneous

• Outstanding Shares: 4,626,000
• Free Float: 4,612,000
• Market Cap: $26.55 million
• Optionable: Not Optionable
• Beta: 2.18