FY2026 EPS Forecast for Seanergy Maritime Reduced by Analyst

Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) – Stock analysts at B. Riley decreased their FY2026 earnings estimates for Seanergy Maritime in a research report issued to clients and investors on Thursday, April 24th. B. Riley analyst L. Burke now anticipates that the shipping company will earn $1.13 per share for the year, down from their prior estimate of $1.15. The consensus estimate for Seanergy Maritime’s current full-year earnings is $2.01 per share.

Other research analysts have also recently issued reports about the company. StockNews.com cut Seanergy Maritime from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Maxim Group cut their price objective on Seanergy Maritime from $17.00 to $11.00 and set a “buy” rating for the company in a report on Monday, February 3rd.

Seanergy Maritime Stock Up 0.5 %

SHIP stock opened at $5.82 on Monday. The business’s 50-day simple moving average is $6.34 and its 200 day simple moving average is $7.37. The company has a quick ratio of 0.52, a current ratio of 1.99 and a debt-to-equity ratio of 0.72. The company has a market cap of $118.58 million, a PE ratio of 2.49 and a beta of 0.13. Seanergy Maritime has a twelve month low of $4.78 and a twelve month high of $13.19.

Institutional Investors Weigh In On Seanergy Maritime

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC raised its holdings in Seanergy Maritime by 13.5% during the 4th quarter. Renaissance Technologies LLC now owns 759,100 shares of the shipping company’s stock worth $5,276,000 after purchasing an additional 90,100 shares during the last quarter. Millennium Management LLC lifted its stake in Seanergy Maritime by 46.4% in the fourth quarter. Millennium Management LLC now owns 570,330 shares of the shipping company’s stock valued at $3,964,000 after buying an additional 180,876 shares in the last quarter. Two Sigma Investments LP increased its holdings in Seanergy Maritime by 9.8% during the 4th quarter. Two Sigma Investments LP now owns 291,450 shares of the shipping company’s stock worth $2,026,000 after purchasing an additional 25,927 shares in the last quarter. Marshall Wace LLP boosted its holdings in Seanergy Maritime by 6.3% during the fourth quarter. Marshall Wace LLP now owns 226,712 shares of the shipping company’s stock worth $1,576,000 after purchasing an additional 13,513 shares during the last quarter. Finally, Cubist Systematic Strategies LLC raised its holdings in Seanergy Maritime by 99.1% during the fourth quarter. Cubist Systematic Strategies LLC now owns 202,375 shares of the shipping company’s stock worth $1,407,000 after acquiring an additional 100,749 shares in the last quarter. 29.36% of the stock is owned by institutional investors and hedge funds.

Seanergy Maritime Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, March 27th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.40 dividend on an annualized basis and a yield of 6.87%. Seanergy Maritime’s dividend payout ratio (DPR) is presently 18.96%.

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.