Contrasting Seanergy Maritime (NASDAQ:SHIP) and International Seaways (NYSE:INSW)

Seanergy Maritime (NASDAQ:SHIP) and International Seaways (NYSE:INSW) are both transportation companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, dividends, profitability, earnings, analyst recommendations, risk and valuation.

Profitability

This table compares Seanergy Maritime and International Seaways’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Seanergy Maritime	20.96%	14.47%	6.55%
International Seaways	55.39%	21.04%	15.60%

Volatility and Risk

Seanergy Maritime has a beta of 0.94, indicating that its stock price is 6% less volatile than the S&P 500. Comparatively, International Seaways has a beta of -0.12, indicating that its stock price is 112% less volatile than the S&P 500.

Earnings & Valuation

This table compares Seanergy Maritime and International Seaways”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Seanergy Maritime	$158.10 million	1.78	$21.24 million	$1.79	7.50
International Seaways	$843.30 million	4.83	$309.26 million	$10.98	7.50

International Seaways has higher revenue and earnings than Seanergy Maritime. International Seaways is trading at a lower price-to-earnings ratio than Seanergy Maritime, indicating that it is currently the more affordable of the two stocks.

Dividends

Seanergy Maritime pays an annual dividend of $0.80 per share and has a dividend yield of 6.0%. International Seaways pays an annual dividend of $0.48 per share and has a dividend yield of 0.6%. Seanergy Maritime pays out 44.7% of its earnings in the form of a dividend. International Seaways pays out 4.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Insider & Institutional Ownership

29.4% of Seanergy Maritime shares are owned by institutional investors. Comparatively, 67.3% of International Seaways shares are owned by institutional investors. 4.7% of Seanergy Maritime shares are owned by insiders. Comparatively, 1.7% of International Seaways shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of current recommendations and price targets for Seanergy Maritime and International Seaways, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Seanergy Maritime	0	2	2	0	2.50
International Seaways	0	2	5	0	2.71

Seanergy Maritime presently has a consensus target price of $22.00, suggesting a potential upside of 63.81%. International Seaways has a consensus target price of $86.00, suggesting a potential upside of 4.43%. Given Seanergy Maritime’s higher probable upside, research analysts clearly believe Seanergy Maritime is more favorable than International Seaways.

Summary

International Seaways beats Seanergy Maritime on 11 of the 16 factors compared between the two stocks.

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. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was incorporated in 2008 and is based in Glyfada, Greece.

About International Seaways

International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. It operates in two segments: Crude Tankers and Product Carriers. As of December 31, 2023, the company owned a fleet of 73 vessels. It serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities. The company was formerly known as OSG International, Inc. and changed its name to International Seaways, Inc. in October 2016. International Seaways, Inc. was incorporated in 1999 and is headquartered in New York, New York.