Castor Maritime Inc. (CTRM)

NASDAQ: CTRM · IEX Real-Time Price · USD
3.710
+0.150 (4.21%)
At close: Apr 12, 2024, 4:00 PM
3.720
+0.010 (0.27%)
After-hours: Apr 12, 2024, 7:54 PM EDT
4.21%
Market Cap 35.85M
Revenue (ttm) 97.52M
Net Income (ttm) 36.98M
Shares Out 9.66M
EPS (ttm) 1.70
PE Ratio 3.71
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 62,103
Open 3.550
Previous Close 3.560
Day's Range 3.517 - 3.710
52-Week Range 2.850 - 9.300
Beta 0.81
Analysts n/a
Price Target n/a
Earnings Date May 21, 2024

About CTRM

Castor Maritime Inc. provides shipping services worldwide. The company operates through Dry Bulk Vessels and Containerships segments. It offers seaborne transportation services for dry bulk cargo; and commodities, such as iron ore, coal, soybeans, etc. As of December 31, 2023, the company owned and operated a fleet of 17 vessels primarily consisting of one Capesize, five Kamsarmax, two Handysize tanker vessels, and nine Panamax dry bulk vessels, as well as two 2,700 TEU containership vessels. Castor Maritime Inc. was incorporated in 2017 and is... [Read more]

Industry Marine Shipping
Sector Industrials
Founded 2016
Employees 1
Stock Exchange NASDAQ
Ticker Symbol CTRM
Full Company Profile

Financial Performance

In 2023, CTRM's revenue was $97.52 million, a decrease of -35.08% compared to the previous year's $150.22 million. Earnings were $36.98 million, a decrease of -68.81%.

Financial Statements

News

Castor Maritime Inc. Announces Reverse Stock Split to be Effective March 27, 2024

LIMASSOL, Cyprus, March 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that its board of directors (th...

22 days ago - GlobeNewsWire

Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Orion

LIMASSOL, Cyprus, March 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on March 22, 2024, it compl...

22 days ago - GlobeNewsWire

Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Nova

LIMASSOL, Cyprus, March 12, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on March 11, 2024, it compl...

4 weeks ago - GlobeNewsWire

Castor Maritime Inc. Announces Availability of its 2023 Annual Report on Form 20-F

LIMASSOL, Cyprus, March 01, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that the Company's annual repor...

6 weeks ago - GlobeNewsWire

Castor Maritime Inc. Announces the Sale of the M/V Magic Nebula for a Price of $16.2 Million with an Expected Net Gain of $2.5 Million

LIMASSOL, Cyprus, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on February 15, 2024, the Co...

7 weeks ago - GlobeNewsWire

Castor Maritime Inc. Reports Net Income of $25.0 Million for the Three Months Ended December 31, 2023 and Net Income of $38.6 Million for the Year Ended December 31, 2023

LIMASSOL, Cyprus, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three mo...

2 months ago - GlobeNewsWire

Castor Maritime Inc. Announces the Sales of the M/V Magic Nova and the M/V Magic Horizon for an Aggregate Price of $31.9 Million with an Aggregate Expected Net Gain of $9.0 Million

LIMASSOL, Cyprus, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on January 19, 2024, the Com...

2 months ago - GlobeNewsWire

Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Moon

LIMASSOL, Cyprus, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on January 16, 2024, it comp...

3 months ago - GlobeNewsWire

Castor Maritime Inc. Announces the Sale of the M/V Magic Venus for $17.5 Million with an Expected Net Gain of $3.5 Million

LIMASSOL, Cyprus, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on December 21, 2023, the Co...

3 months ago - GlobeNewsWire

Castor Maritime Inc. Announces the Sale of the M/V Magic Orion for $17.4 Million with an Expected Net Gain of $2.0 Million and the Completion of the Sale of the M/V Magic Argo

LIMASSOL, Cyprus, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on December 7, 2023, the Com...

4 months ago - GlobeNewsWire

Castor Maritime Inc. Announces the Sale of the M/V Magic Moon for $11.8 Million and the Completion of the Sale of the M/V Magic Phoenix

LIMASSOL, Cyprus, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on November 10, 2023, the Co...

4 months ago - GlobeNewsWire

Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Sun

LIMASSOL, Cyprus, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on November 14, 2023, the Co...

5 months ago - GlobeNewsWire

Castor Maritime Inc. Reports Net Loss of $5.4 Million for the Three Months Ended September 30, 2023 and Net income of $13.6 Million for the Nine Months Ended September 30, 2023

LIMASSOL, Cyprus, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three mo...

5 months ago - GlobeNewsWire

Castor Maritime Inc. Announces the Sale of the M/V Magic Sun and M/V Magic Phoenix for an Aggregate $20.55 Million

LIMASSOL, Cyprus, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on October 6, 2023 and Octob...

6 months ago - GlobeNewsWire

Castor Maritime Inc. Receives 180-day Extension from Nasdaq to Meet Nasdaq's Minimum Bid Price Requirement

LIMASSOL, Cyprus, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces the receipt of a notification le...

6 months ago - GlobeNewsWire

Castor Maritime Inc. Announces the Sale of the M/V Magic Argo for $15.75 Million with an Expected Net Gain of $3.0 Million and the Termination of the Sale of the M/V Magic Moon

LIMASSOL, Cyprus, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on September 22, 2023, the ...

7 months ago - GlobeNewsWire

Castor Maritime Inc. Announces Results of its 2023 Annual General Meeting of Shareholders

LIMASSOL, Cyprus, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announced today that the Company's 2023 An...

7 months ago - GlobeNewsWire

Castor Maritime Inc. Reports Net Income of $8.2 Million for the Three Months Ended June 30, 2023 and Net income of $19 Million for the Six Months Ended June 30, 2023

LIMASSOL, Cyprus, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three mo...

8 months ago - GlobeNewsWire

Castor Maritime Inc. Announces the Date of its 2023 Annual General Meeting of Shareholders

LIMASSOL, Cyprus, July 31, 2023 (GLOBE NEWSWIRE) -- Limassol, Cyprus, July 31, 2023 – Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announced...

9 months ago - GlobeNewsWire

Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Twilight

LIMASSOL, Cyprus, July 24, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that on July 20, 2023, the Compa...

9 months ago - GlobeNewsWire

Castor Maritime Inc. Reports Net Income of $10.8 Million for the Three Months Ended March 31, 2023; Spin-Off of Tanker Business Completed on March 7, 2023

LIMASSOL, Cyprus, May 23, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three mon...

11 months ago - GlobeNewsWire

Castor Maritime Inc. Announces Receipt of NASDAQ Notice

LIMASSOL, Cyprus, April 21, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that it has received written no...

1 year ago - GlobeNewsWire

Castor Maritime Inc. Announces the Sale of the M/V Magic Rainbow for $12.6 Million and With an Expected Net Gain of $4.4 Million

LIMASSOL, Cyprus, March 20, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that on March 13, 2023, we ente...

1 year ago - GlobeNewsWire

Castor Maritime Inc. Announces Availability of its 2022 Annual Report on Form 20-F

LIMASSOL, Cyprus, March 08, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that the Company's annual repor...

1 year ago - GlobeNewsWire

Castor Maritime Inc. Reports Net Income of $33.7 Million for the Three Months Ended December 31, 2022, and a Record $118.6 Million Net Income for the Year Ended December 31, 2022. Spin-Off of Tanker Business Completed on March 7, 2023.

LIMASSOL, Cyprus, March 08, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three m...

1 year ago - GlobeNewsWire