Seanergy Maritime (SHIP) Expected to Announce Quarterly Earnings on Wednesday

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

Seanergy Maritime Stock Down 0.2%

Seanergy Maritime stock opened at $6.14 on Monday. The firm has a market capitalization of $125.10 million, a P/E ratio of 2.62 and a beta of 0.20. The company has a current ratio of 1.99, a quick ratio of 0.52 and a debt-to-equity ratio of 0.72. Seanergy Maritime has a twelve month low of $4.78 and a twelve month high of $13.19. The stock’s fifty day simple moving average is $6.03 and its 200-day simple moving average is $6.96.

Seanergy Maritime Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.40 annualized dividend and a yield of 6.51%. Seanergy Maritime’s dividend payout ratio (DPR) is 18.96%.

Analysts Set New Price Targets

SHIP has been the subject of a number of analyst reports. Maxim Group lowered their price objective on Seanergy Maritime from $17.00 to $11.00 and set a “buy” rating for the company in a research report on Monday, February 3rd. StockNews.com downgraded Seanergy Maritime from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th.

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.