Seanergy Maritime Holdings Corp (NASDAQ:SHIP – Free Report) – Analysts at Noble Financial lowered their Q3 2026 earnings estimates for Seanergy Maritime in a report released on Thursday, July 23rd. Noble Financial analyst M. Reichman now expects that the shipping company will earn $0.78 per share for the quarter, down from their prior forecast of $0.88. The consensus estimate for Seanergy Maritime’s current full-year earnings is $2.87 per share.
Seanergy Maritime (NASDAQ:SHIP – Get Free Report) last posted its quarterly earnings results on Thursday, May 28th. The shipping company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.39 by $0.24. The business had revenue of $42.85 million for the quarter, compared to analysts’ expectations of $42.15 million. Seanergy Maritime had a net margin of 20.96% and a return on equity of 14.47%.
View Our Latest Report on Seanergy Maritime
Seanergy Maritime Price Performance
NASDAQ SHIP opened at $16.14 on Monday. The company has a quick ratio of 0.83, a current ratio of 0.85 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $337.33 million, a PE ratio of 9.02 and a beta of 0.94. The company has a 50 day moving average price of $15.00 and a two-hundred day moving average price of $13.63. Seanergy Maritime has a 12-month low of $6.70 and a 12-month high of $16.86.
Seanergy Maritime Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 29th were given a $0.20 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.0%. Seanergy Maritime’s dividend payout ratio (DPR) is currently 44.69%.
Institutional Trading of Seanergy Maritime
A number of institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE grew its stake in Seanergy Maritime by 5.8% in the 1st quarter. Bank of America Corp DE now owns 159,972 shares of the shipping company’s stock valued at $2,065,000 after buying an additional 8,800 shares during the last quarter. Renaissance Technologies LLC lifted its position in Seanergy Maritime by 15.8% during the 1st quarter. Renaissance Technologies LLC now owns 652,300 shares of the shipping company’s stock worth $8,421,000 after acquiring an additional 88,800 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Seanergy Maritime by 26.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 82,557 shares of the shipping company’s stock valued at $1,066,000 after acquiring an additional 17,274 shares during the period. Cetera Investment Advisers boosted its holdings in Seanergy Maritime by 4.2% during the first quarter. Cetera Investment Advisers now owns 20,504 shares of the shipping company’s stock valued at $265,000 after acquiring an additional 829 shares during the period. Finally, R Squared Ltd grew its position in shares of Seanergy Maritime by 59.3% in the first quarter. R Squared Ltd now owns 29,062 shares of the shipping company’s stock valued at $375,000 after purchasing an additional 10,816 shares during the last quarter. 29.36% of the stock is currently owned by institutional investors and hedge funds.
Seanergy Maritime Company Profile
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) is a dry bulk shipping company that provides seaborne transportation services for major commodities, including iron ore, coal and grain. The company’s operations encompass both time charter and voyage charter contracts, enabling customers to secure vessel capacity on either a fixed-rate or spot basis. Its client base includes commodity producers, trading houses and industrial end users seeking global logistics solutions for bulk materials.
The company’s core assets consist of a fleet of modern dry bulk carriers, spanning Capesize, Panamax and Supramax classes.
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