Seanergy Maritime Holdings Corp. (SHIP)

NASDAQ: SHIP · Real-Time Price · USD
8.61
-0.21 (-2.38%)
At close: Nov 20, 2024, 4:00 PM
8.50
-0.11 (-1.28%)
After-hours: Nov 20, 2024, 5:13 PM EST
-2.38%
Market Cap 176.41M
Revenue (ttm) 165.21M
Net Income (ttm) 47.59M
Shares Out 20.49M
EPS (ttm) 2.36
PE Ratio 3.65
Forward PE 5.58
Dividend $0.53 (6.10%)
Ex-Dividend Date Sep 27, 2024
Volume 173,009
Open 8.81
Previous Close 8.82
Day's Range 8.55 - 8.89
52-Week Range 5.95 - 13.19
Beta 0.71
Analysts Strong Buy
Price Target 12.50 (+45.18%)
Earnings Date Nov 5, 2024

About SHIP

Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. The company was formerly known as Seanergy Merger Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was incorporated in 2008 and is based in Glyfada, Greece. [Read more]

Industry Marine Shipping
Sector Industrials
IPO Date Sep 25, 2007
Employees 81
Stock Exchange NASDAQ
Ticker Symbol SHIP
Full Company Profile

Financial Performance

In 2023, SHIP's revenue was $110.23 million, a decrease of -11.83% compared to the previous year's $125.02 million. Earnings were $2.21 million, a decrease of -86.92%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SHIP stock is "Strong Buy." The 12-month stock price forecast is $12.5, which is an increase of 45.18% from the latest price.

Price Target
$12.5
(45.18% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Seanergy Maritime Holdings Corp. (SHIP) Q3 2024 Earnings Call Transcript

Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Stamatios Tsantanis - Chairman and CEO Stavros Gyftakis - CFO Confere...

15 days ago - Seeking Alpha

Seanergy Maritime Reports Third Quarter and Nine Months Financial Results for the Periods Ended September 30, 2024

Declares Cash Dividend of $0.26 Per Share Reflecting Strong Financial Results Highlights           (in million USD, except EPS)   Q3 2024 Q3 2023 9M 2024 9M 2023 Net Revenues   $44.4 $24.5   $125.8 $7...

15 days ago - GlobeNewsWire

Seanergy Maritime Shareholders Overwhelmingly Re-Elect Seanergy Nominees at 2024 Annual Meeting

GLYFADA, Greece, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (“Seanergy” or the “Company”) (NASDAQ: SHIP) today announced that at the Company's 2024 Annual Meeting of Shareholde...

16 days ago - GlobeNewsWire

Seanergy Maritime Releases its 2023 Environmental, Social and Governance Report

GLYFADA, Greece, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today the release of its Environmental, Social and Governance...

19 days ago - GlobeNewsWire

Seanergy Maritime Announces the Date for the Third Quarter and Nine Months Ended September 30, 2024, Financial Results, Conference Call and Webcast

Earnings Release: Tuesday, November 5, 2024, Before Market Open in New York Conference Call and Webcast: Tuesday, November 5, 2024, at 10:00 a.m. Eastern Time

21 days ago - GlobeNewsWire

Seanergy Maritime Issues Statement on Court's Dismissal of Economou's Litigation

ATHENS, Greece, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (“Seanergy” or the “Company”) (NASDAQ: SHIP) today issued the following statement regarding the decision by the High ...

22 days ago - GlobeNewsWire

Seanergy Maritime Issues Investor Presentation Highlighting Value Creation Strategy

Company's Highly Qualified and Independent Board is Overseeing Strategy that is Delivering Value for All Shareholders

5 weeks ago - GlobeNewsWire

Seanergy Maritime Mails CEO Letter to Shareholders

Highlights Seanergy's Value Creating Strategy Underscores Strength of Highly Qualified Seanergy Board of Directors Overseeing Strategy Encourages Shareholders to Vote the WHITE Proxy Card “ FOR ” Sean...

6 weeks ago - GlobeNewsWire

Seanergy Maritime Holdings Corp. (SHIP) Q2 2024 Earnings Call Transcript

Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) Q2 2024 Results Conference Call August 6, 2024 11:00 AM ET Company Participants Stamatios Tsantanis - Chairman & Chief Executive Officer Stavros Gyftaki...

3 months ago - Seeking Alpha

Seanergy Maritime: Upgrading On Improved Shareholder Returns And Discounted Valuation - Buy

Seanergy Maritime reported Q2/2024 results above expectations and provided decent preliminary Q3 TCE guidance. The company declared a quarterly cash dividend of $0.25 per share and resumed share buyba...

3 months ago - Seeking Alpha

Seanergy Maritime Announces the Date for the Second Quarter and Six Months Ended June 30, 2024 Financial Results, Conference Call and Webcast

Earnings Release: Tuesday, August 6, 2024, Before Market Open in New York Conference Call and Webcast: Tuesday, August 6, 2024 , at 11:00 a.m. Eastern Time

3 months ago - GlobeNewsWire

Sphinx Investment Corp. Issues Statement on Seanergy

NICOSIA, Cyprus--(BUSINESS WIRE)--Today, Sphinx Investment Corp. (“Sphinx”) released the following statement in respect of its investment in Seanergy Maritime Holdings Corp. (“Seanergy” or the “Compan...

6 months ago - Business Wire

Seanergy Maritime, CEO, Stamatis Tsantanis Interview at Schwab Network

GLYFADA, Greece, May 31, 2024 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today that the Company's Chairman & Chief Executive Officer, S...

6 months ago - GlobeNewsWire

Seanergy Maritime (SHIP) CEO on International Shipping Trends

Seanergy Maritime (SHIP) provides seaborne transportation of dry bulk commodities worldwide. Chairman and CEO Stamatis Tsantanis joins Oliver Renick to give an overview of the company and discuss inte...

6 months ago - Schwab Network

Seanergy Maritime Holdings Corp. (SHIP) Q1 2024 Earnings Call Transcript

Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) Q1 2024 Earnings Conference Call May 15, 2024 10:00 AM ET Company Participants Stamatis Tsantanis - Chairman & Chief Executive Officer Stavros Gyftakis ...

6 months ago - Seeking Alpha

Seanergy Maritime Reports Record Financial Results for the Quarter Ended March 31, 2024 and Declares Cash Dividends of $0.15 Per Share

Highlights     (in million USD, except EPS)   Q1 2024 Q1 2023 Net Revenues   $38.3 $18.0   Net income / (loss)   $10.2 ($4.2)   Adjusted net income1 / (loss)   $11.6 ($0.4)   EBITDA1   $21.6 $8.2   Ad...

6 months ago - GlobeNewsWire

Seanergy Maritime Announces the Date for the First Quarter Ended March 31, 2024 Financial Results, Conference Call and Webcast

Earnings Release: Wednesday, May 15, 2024, Before Market Open in New York Conference Call and Webcast: Wednesday, May 15, 2024 , at 10:00 a.m. Eastern Time

6 months ago - GlobeNewsWire

Seanergy Maritime (NASDAQ: SHIP) And United Maritime (NASDAQ: USEA) Provide Financial Update To Shareholders

GLYFADA, GREECE / ACCESSWIRE / April 9, 2024 / Seanergy Maritime Holdings Corp. (NASDAQ:SHIP), a leading player in the global shipping industry, reported a fourth-quarter net profit of $10.8 million, ...

Other symbols: USEA
8 months ago - Accesswire

Seanergy Maritime Announces Availability of its 2023 Annual Report on Form 20-F

GLYFADA, Greece, April 03, 2024 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today that its Annual Report on Form 20-F for the fiscal yea...

8 months ago - GlobeNewsWire

Seanergy Maritime Holdings: Discounted Play On The Red Hot Capesize Market - Buy

Last week, dry bulk shipper Seanergy Maritime Holdings delivered decent fourth quarter results with solid profitability and very strong cash generation. The company declared a regular quarterly cash d...

8 months ago - Seeking Alpha

Seanergy Maritime Holdings Corp. (SHIP) Q4 2023 Earnings Call Transcript

Seanergy Maritime Holdings Corp. (SHIP) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

Seanergy Maritime Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2023 and Declares a Cash Dividend of $0.10 Per Share

Highlights           (in million USD, except EPS)   Q4 2023 Q4 2022 12M 2023 12M 2022 Net revenues   $39.4 $28.5 $110.2 $125.0 Net income   $10.8 $0.5 $2.3 $17.2 Adjusted net income1   $11.4 $0.9 $11....

8 months ago - GlobeNewsWire

Seanergy Maritime Announces the Date for the Fourth Quarter and Year Ended December 31, 2023 Financial Results, Conference Call and Webcast

Earnings Release: Friday, March 15, 2024, Before Market Open in New York  Conference Call and Webcast: Friday, March 15, 2024, at 10:00 a.m. Eastern Time

9 months ago - GlobeNewsWire

Seanergy Maritime Achieves Key Partnership with European Union Funding and Major Industry Stakeholders Under SAFeCRAFT to Revolutionize Maritime Propulsion for Existing Vessels

ATHENS, Greece, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the "Company" or "Seanergy") (NASDAQ: SHIP), through its wholly-owned subsidiary Seanergy Shipmanagement Corp., is t...

10 months ago - GlobeNewsWire

Seanergy Maritime: Accumulate On Weakness

Dry Bulk rates are strong going into 2024. Seanergy Maritime is fairly priced, but there are multiple potential catalysts to drive the share price. Seanergy Maritime is a buy on weakness.

11 months ago - Seeking Alpha