United Maritime Corporation (USEA)

NASDAQ: USEA · IEX Real-Time Price · USD
2.465
-0.055 (-2.18%)
At close: Apr 24, 2024, 3:47 PM
2.480
+0.015 (0.61%)
After-hours: Apr 24, 2024, 7:10 PM EDT
-2.18%
Market Cap 22.22M
Revenue (ttm) 36.07M
Net Income (ttm) 126,000
Shares Out 9.01M
EPS (ttm) 0.02
PE Ratio 123.50
Forward PE n/a
Dividend $0.30 (12.17%)
Ex-Dividend Date Mar 21, 2024
Volume 23,945
Open 2.516
Previous Close 2.520
Day's Range 2.455 - 2.515
52-Week Range 2.010 - 3.090
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date May 16, 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]

Industry Marine Shipping
Sector Industrials
Founded 2004
Employees 5
Stock Exchange NASDAQ
Ticker Symbol USEA
Full Company Profile

Financial Performance

In 2023, USEA's revenue was $36.07 million, an increase of 58.30% compared to the previous year's $22.78 million. Earnings were $126,000, a decrease of -99.64%.

Financial Statements

News

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: SHIP
15 days ago - Accesswire

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...

21 days ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

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

2 months ago - GlobeNewsWire

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...

Other symbols: SHIP
4 months ago - Accesswire

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...

5 months ago - GlobeNewsWire

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

5 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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

9 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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

1 year ago - GlobeNewsWire

United Maritime Announces the Acquisition of Three Dry Bulk Vessels consisting of Two Kamsarmaxes and a Bareboat Charter Agreement with a Purchase Option for one Panamax Vessel

GLYFADA, Greece, Feb. 16, 2023 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that pursuant to its fleet growth strategy, it has entered in...

1 year ago - GlobeNewsWire

United Maritime Announces Completion of Previously Announced Tanker Sale and Acquisition of Two Capesize Bulkers

GLYFADA, Greece, Jan. 03, 2023 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that it has successfully completed the delivery of the 2008-b...

1 year ago - GlobeNewsWire

United Maritime Announces Ex-Dividend Date for Special Dividend

GLYFADA, Greece, Dec. 07, 2022 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that January 11, 2023 has been set by NASDAQ as the ex-divide...

1 year ago - GlobeNewsWire

United Maritime Declares Special Cash Dividend of $1.00 Per Share

GLYFADA, Greece, Nov. 29, 2022 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that its board of directors has declared a special cash divid...

1 year ago - GlobeNewsWire

United Maritime Sets Date for the Period Ending September 30, 2022 Financial Results, Conference Call and Webcast

Earnings Release: Wednesday, November 16, 2022 , Before Market Open in New York Conference Call and Webcast: Wednesday, November 16, 2022, at 10:00 a.m. Eastern Time

1 year ago - GlobeNewsWire

United Completes Second Stock Buyback of $3 million and Initiates Additional $3 million Stock Buyback Plan

GLYFADA, Greece, Oct. 25, 2022 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that it has completed the second buyback of approximately 1.4...

1 year ago - GlobeNewsWire

United Announces Sale of two Aframax Petroleum Tankers and Delivery of the Previously announced LR2 Tankers

GLYFADA, Greece, Oct. 13, 2022 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that it has entered into definitive agreements with an unaffi...

1 year ago - GlobeNewsWire

United Completes Stock Buyback of $3 million and Initiates Additional $3 million Stock Buyback Plan

GLYFADA, Greece, Sept. 22, 2022 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that it has completed the buyback of approximately 1.86 mill...

1 year ago - GlobeNewsWire

United Announces $3 million Share Buyback Plan

GLYFADA, Greece, Sept. 02, 2022 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that the Board of Directors has authorized a share repurchas...

1 year ago - GlobeNewsWire