United Maritime Corporation (USEA)
| Market Cap | 18.76M |
| Revenue (ttm) | 46.28M |
| Net Income (ttm) | 7.45M |
| Shares Out | 8.85M |
| EPS (ttm) | 0.85 |
| PE Ratio | 2.50 |
| Forward PE | 7.57 |
| Dividend | $0.30 (14.15%) |
| Ex-Dividend Date | Sep 27, 2024 |
| Volume | 29,112 |
| Open | 2.180 |
| Previous Close | 2.170 |
| Day's Range | 2.100 - 2.180 |
| 52-Week Range | 2.050 - 3.000 |
| Beta | 0.34 |
| Analysts | Strong Buy |
| Price Target | 6.00 (+183.02%) |
| Earnings Date | Dec 3, 2024 |
About USEA
United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. It operates a fleet of eight dry bulk vessels comprising three Panamax, three Capesize, and two Kamsarmax vessels with an aggregate cargo-carrying capacity of approximately 922,054 dwt. The company was incorporated in 2022 and is based in Glyfada, Greece. [Read more]
Financial Performance
In 2023, United Maritime's revenue was $36.07 million, an increase of 45.11% compared to the previous year's $24.86 million. Earnings were $126,000, a decrease of -99.67%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for USEA stock is "Strong Buy" and the 12-month stock price forecast is $6.0.
News
United Maritime Corporation (USEA) Q2 2024 Earnings Call Transcript
United Maritime Corporation (NASDAQ:USEA) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Stamatios Tsantanis - Chairman and Chief Executive Officer Stavros Gyftakis ...
United 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 12:00 p.m. Eastern Time
United Maritime Reports First Quarter 2024 Financial Results and Declares Quarterly Cash Dividend of $0.075 Per Share
Highlights (in million USD except LPS) Q1 2024 Q1 2023 Net Revenues $10.6 $2.8 Net Loss ($1.3) ($4.9) Adjusted Net Loss1 ($1.1) ($3.7) EBITDA1 $3.5 ($2.7) Adjusted EBITDA1 $3.7 ($1.5) ...
United Maritime Announces the Date for the First Quarter Ended March 31, 2024, Financial Results
Earnings Release: Friday, May 24, 2024, Before Market Open in New York Earnings Release: Friday, May 24, 2024, Before Market Open in New York
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, ...
United Maritime Announces Availability of its 2023 Annual Report on Form 20-F
GLYFADA, Greece, April 03, 2024 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA) announced today that its Annual Report on Form 20-F for the fiscal year ended...
United Maritime Corporation (USEA) Q4 2023 Earnings Call Transcript
United Maritime Corporation (USEA) Q4 2023 Earnings Call Transcript
United Maritime Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2023 and Declares Cash Dividend of $0.075 Per Share
Highlights Quarterly Full Year (in million USD except EPS) Q4 2023 Q4 2022 FY 2023 FY 2022 1 Net Revenues $11.6 $14.9 $36.1 $22.8 Net (Loss) / Income ($0.7) $36.5 $0.2 $37.5 Adjusted ...
United Maritime Announces the Date for the Fourth Quarter and Year Ended December 31, 2023, Financial Results, Conference Call and Webcast
Earnings Release: Tuesday, February 20, 2024, Before Market Open in New York Conference Call and Webcast: Tuesday, February 20, 2024, at 10:00 a.m. Eastern Time
Seanergy Maritime (NASDAQ: SHIP) Is Optimistic About The Future; United Maritime (NASDAQ: USEA) Posts Profit Surge for 3Q23, Both Companies Extend Shareholder Rewards
GLYFADA, GREECE / ACCESSWIRE / December 19, 2023 / In the third quarter, Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) faced challenges, reporting Net Revenues of $24.5 million and an Adjusted Net Lo...
United Maritime Corporation (USEA) Q3 2023 Earnings Call Transcript
United Maritime Corporation (NASDAQ:USEA) Q3 2023 Results Conference Call November 15, 2023 10:00 AM ET Company Participants Stamatios Tsantanis - Chairman and Chief Executive Officer Stavros Gyftaki...
United Maritime Reports Strong Profit for the Third Quarter, Financial Results for the Nine Months Ended September 30, 2023 and Declares Dividend of $0.075 Per Share
Highlights (in million USD, except EPS) Q3 2023 Q3 2022 9M 2023 From January 20, 2022 (date of inception) to September 30, 2022 Net Revenues $11.7 $7.9 $24.5 $7.9 Net income $8.9 $1.0 $0.9 $1.0 Adjust...
United Maritime Announces the Date for the Third Quarter and Nine Months Ended September 30, 2023, Financial Results, Conference Call and Webcast
Earnings Release: Wednesday, November 15, 2023, Before Market Open in New York Conference Call and Webcast: Wednesday, November 15, 2023, at 10:00 a.m. Eastern Time
United Maritime: Upgrading To Buy On Vastly Improved Charter Rates And Generous Dividend
Over the past twelve months, United Maritime has sold all of the tanker vessels acquired in July 2022 at an aggregate gain of $48 million. The company has shifted its focus back to the larger dry bulk...
United Maritime Corporation (USEA) Q2 2023 Earnings Call Transcript
United Maritime Corporation (NASDAQ:USEA) Q2 2023 Earnings Call Transcript August 3, 2023 10:00 AM ET Company Participants Stamatios Tsantanis - Chairman, CEO and Founder Stavros Gyftakis - CFO Confe...
United Maritime Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2023 and Declares Dividend of $0.075 Per Share
Highlights (in million USD, except for per share data) Q2 2023 6M 2023 Net Revenues $10.0 $12.8 Net loss ($3.0) ($7.9) Adjusted net loss1 ($2.1) ($5.7) EBITDA1 $1.0 ($1.7) Adjusted EBI...
United Maritime Announces the Date for the Second Quarter Ended June 30, 2023, Financial Results, Conference Call and Webcast
Earnings Release: Thursday, August 3, 2023, Before Market Open in New York Conference Call and Webcast: Thursday, August 3, 2023, at 10:00 a.m. Eastern Time
United Maritime Corporation (USEA) Q1 2023 Earnings Call Transcript
United Maritime Corporation (NASDAQ:USEA) Q1 2023 Earnings Conference Call May 17, 2023 10:00 AM ET Company Participants Stamatios Tsantanis - Chairman, CEO and Founder Stavros Gyftakis - CFO Confere...
United Maritime Reports First Quarter 2023 Financial Results and Declares Quarterly Dividend of $0.075 Per Share
Financial Highlights of the First Quarter of 2023: Net Loss of $4.9 million and loss per share (basic & diluted) of $0.64 Adjusted net loss 1 of $3.7 million and adjusted loss per share 1 of $0.48 Oth...
United Maritime Announces the Date for the First Quarter Ended March 31, 2023 Financial Results, Conference Call and Webcast
Earnings Release: Thursday, May 18, 2023, Before Market Open in New York Conference Call and Webcast: Thursday, May 18, 2023, at 10:00 a.m. Eastern Time
United Maritime Announces Agreement to Acquire a Modern Panamax Vessel through a Bareboat-in Charter and Delivery of Two Kamsarmax Vessels with Immediate Period Employment
GLYFADA, Greece, May 10, 2023 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that it has entered into a twelve-month bareboat charter agree...
United Maritime Announces Availability of its 2022 Annual Report on Form 20-F
GLYFADA, Greece, April 06, 2023 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA) announced today that its Annual Report on Form 20-F for the fiscal year ended...
United Maritime Corporation (USEA) Q4 2022 Earnings Call Transcript
United Maritime Corporation (NASDAQ:USEA) Q4 2022 Earnings Conference Call February 22, 2023 10:00 AM ET Company Participants Stamatios Tsantanis - Chairman, CEO and Founder Stavros Gyftakis - CFO Co...
United Maritime Reports Financial Results for the Fourth Quarter ended December 31, 2022 and Period from Commencement of Operations (July 6, 2022) to December 31, 2022 & Initiates Quarterly Dividend of $0.075 Per Share
Financial Highlights of the Fourth Quarter of 2022:
United Maritime Announces the Date for the 2022 Fourth Quarter and for the Period from the Commencement of Operations (July 6, 2022) to December 31, 2022 Financial Results, Conference Call and Webcast
Earnings Release: Wednesday, February 22, 2023, Before Market Open in New York Conference Call and Webcast: Wednesday, February 22, 2023, at 10:00 a.m. Eastern Time