Seanergy Maritime (SHIP) Expected to Announce Earnings on Wednesday

Seanergy Maritime (NASDAQ:SHIP) will likely be announcing its Q1 2025 earnings results before the market opens on Wednesday, May 21st. Analysts expect the company to announce earnings of ($0.44) per share and revenue of $23.13 million for the quarter.

Seanergy Maritime Stock Down 2.4%

Shares of Seanergy Maritime stock opened at $5.99 on Tuesday. The firm has a market cap of $122.04 million, a price-to-earnings ratio of 2.56 and a beta of 0.20. The stock has a 50-day simple moving average of $6.00 and a 200-day simple moving average of $6.94. Seanergy Maritime has a 52-week low of $4.78 and a 52-week high of $13.19. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.99 and a quick ratio of 0.52.

Seanergy Maritime Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 6.68%. The ex-dividend date of this dividend was Thursday, March 27th. Seanergy Maritime’s dividend payout ratio (DPR) is presently 18.96%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. StockNews.com lowered shares of Seanergy Maritime from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Maxim Group decreased their price objective on shares of Seanergy Maritime from $17.00 to $11.00 and set a “buy” rating for the company in a report on Monday, February 3rd.

About Seanergy Maritime

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.