Zacks Research Downgrades Seanergy Maritime (NASDAQ:SHIP) to Hold

Posted by Stanley Muller on Oct 1st, 2026

Seanergy Maritime (NASDAQ:SHIP – Get Free Report) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday, Zacks reports.

Several other research analysts have also recently weighed in on SHIP. Weiss Ratings raised Seanergy Maritime from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. B. Riley Financial boosted their target price on Seanergy Maritime from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Seanergy Maritime has an average rating of “Moderate Buy” and an average price target of $25.00.

Get Our Latest Stock Analysis on Seanergy Maritime

Seanergy Maritime Trading Down 0.1%

SHIP opened at $16.41 on Tuesday. The stock has a market capitalization of $343.00 million, a P/E ratio of 5.74 and a beta of 0.89. The company has a current ratio of 0.85, a quick ratio of 0.83 and a debt-to-equity ratio of 0.94. Seanergy Maritime has a 12 month low of $7.66 and a 12 month high of $19.22. The firm’s fifty day simple moving average is $17.42 and its 200 day simple moving average is $15.57.

Seanergy Maritime (NASDAQ:SHIP – Get Free Report) last released its earnings results on Thursday, July 30th. The shipping company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.27. Seanergy Maritime had a return on equity of 21.87% and a net margin of 30.68%.The firm had revenue of $55.69 million during the quarter, compared to analysts’ expectations of $53.90 million. As a group, research analysts anticipate that Seanergy Maritime will post 3.16 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Christina Anagnostara sold 15,000 shares of the stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $17.19, for a total transaction of $257,850.00. Following the completion of the transaction, the director directly owned 178,239 shares in the company, valued at $3,063,928.41. This represents a 7.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 4.70% of the stock is owned by company insiders.

Institutional Trading of Seanergy Maritime

Hedge funds and other institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers raised 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 worth $265,000 after acquiring an additional 829 shares in the last quarter. NewEdge Advisors LLC bought a new position in Seanergy Maritime in the second quarter valued at approximately $289,000. Navellier & Associates Inc. acquired a new position in shares of Seanergy Maritime during the 2nd quarter worth approximately $355,000. R Squared Ltd increased its position in shares of Seanergy Maritime by 59.3% during the 1st quarter. R Squared Ltd now owns 29,062 shares of the shipping company’s stock worth $375,000 after purchasing an additional 10,816 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Seanergy Maritime by 26.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 82,557 shares of the shipping company’s stock worth $1,066,000 after purchasing an additional 17,274 shares in the last quarter. Institutional investors and hedge funds own 29.36% of the company’s stock.

About Seanergy Maritime

(Get Free Report)

Seanergy Maritime Holdings Corp. is an international dry bulk shipping company listed on the Nasdaq Capital Market under the symbol SHIP. The company owns and operates oceangoing vessels that transport major dry bulk commodities for industrial and commercial customers worldwide.

Seanergy’s fleet is focused primarily on Capesize and Newcastlemax vessels, which are among the largest dry bulk ships and are commonly used to carry iron ore, coal, and grain. The company generates revenue by chartering its vessels to customers and shipping counterparties under various types of charter arrangements.

Founded in 2008, Seanergy is headquartered in Athens, Greece, and serves global trade routes connecting major commodity-exporting and importing regions.