SHIP

Interested in Seanergy Maritime Holdings Corp? Here are five stocks we like better. Seanergy Maritime delivered a much stronger Q1, with net revenue rising to $43 million from $24.2 million a year ago and adjusted EBITDA jumping 253% to $28.2 million. Adjusted EPS came in at $0.63, helped by a stronger Capesize market and better chartering performance. The company declared its 18th consecutive quarterly dividend of $0.20 per share, bringing cumulative shareholder returns since inception to about $2.84 per share, or $55.6 million. Management said it remains focused on rewarding shareholders while preserving market exposure. Seanergy is advancing a fleet renewal program, having ordered six eco-design newbuildings and agreed to sell three older vessels, with financing secured for four of the six ships. Management said the program is meant to improve fleet quality and long-term earnings capacity while maintaining a manageable leverage profile. Top Shipping Firms Driving Industry-Leading Revenue Growth Seanergy Maritime (NASDAQ:SHIP) reported sharply higher first-quarter results and said it remains focused on shareholder returns while advancing a multi-vessel fleet renewal program, according to management comments on the company’s earnings call for the quarter ended March 31, 2026. Chairman and CEO Stamatis Tsantanis said Seanergy delivered a “very strong first quarter” despite the period typically being the weakest seasonally for dry bulk shipping. Net revenue rose to $43 million from $24.2 million in the same quarter last year. Adjusted EBITDA increased 253% year over year to $28.2 million, while adjusted earnings per share were $0.63. → Rocket Lab Keeps Making Headlines and Highs—Here's What's Driving the Latest Move The company declared its 18th consecutive quarterly cash dividend of $0.20 per share. Tsantanis said cumulative shareholder distributions since inception total approximately $2.84 per share, or $55.6 million. Chief Financial Officer Stavros Gyftakis said the first-quarter results reflected both a stronger Capesize market and the company’s commercial strategy. Seanergy’s time charter equivalent, or TCE, was $24,200 per day, compared with $13,400 per day in the prior-year period. Adjusted net income was $13.4 million, compared with an adjusted net loss a year earlier. → Quantum Stocks Just Got a Lifeline—Who Benefits Most? Tsantanis said Seanergy’s...

Seanergy Maritime Holdings Corp (SHIP) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to a loss of $0.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +61.54%. A quarter ago, it was expected that this company would post earnings of $0.56 per share when it actually produced earnings of $0.68, delivering a surprise of +21.43%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Seanergy Maritime Holdings, which belongs to the Zacks Transportation - Shipping industry, posted revenues of $42.85 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.34%. This compares to year-ago revenues of $24.21 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Seanergy Maritime Holdings shares have added about 61% since the beginning of the year versus the S&P 500's gain of 9.9%. While Seanergy Maritime Holdings has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Seanergy Maritime Holdings was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the n...

This article first appeared on GuruFocus. Release Date: May 28, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Seanergy Maritime Holdings Corp (NASDAQ:SHIP) reported a significant increase in net revenues to $43 million, up from $24.2 million in the same quarter last year. Adjusted EBITDA rose by 253% year-over-year to $28.2 million, showcasing strong financial performance. The company declared its 18th consecutive quarterly cash dividend of $0.20 per share, emphasizing its commitment to shareholder returns. Seanergy advanced its fleet renewal strategy by contracting three additional vessels and securing financing for four of the six new buildings at attractive terms. The company has already fixed 45% of its available operating days for the remainder of the year at average gross rates exceeding $29,000 per day, providing earnings visibility. The company faces a complicated geopolitical picture, which introduces uncertainty into future operations. Despite strong performance, the company acknowledges the need for extensive maintenance due to the aging fleet, which could increase operating costs. Seanergy's fleet renewal strategy involves significant capital commitments, with $72 million in remaining new building CapEx for 2026. The company is exposed to potential market volatility, as it balances locking in strong forward rates with maintaining exposure to market upside. Operating cost inflation, particularly in crewing, maintenance, and regulatory compliance, could impact future profitability. Warning! GuruFocus has detected 5 Warning Signs with SHIP. Is SHIP fairly valued? Test your thesis with our free DCF calculator. Q: Can you discuss the sustainability of bauxite and iron ore volumes and the impact of increased coal consumption on the rate environment? A: (CEO) The increased iron ore cargoes are stable year-on-year, and bauxite volumes are expected to continue rising. Coal has significantly contributed due to restocking in China and other regions. We anticipate stable demand, with effective vessel supply reducing due to congestion and an aging fleet, supporting a sustainable freight rate environment. Q: Could you provide the CapEx cadence for the rest of the year and any insights into 2027-2028 delivery timings? A: (CFO) We've paid the majority of the CapEx for 2026, with $72 million remaining. O...

Declares $0.20 Per Share Cash Dividend – 18th Consecutive Quarterly Distribution Adds Capesize Newbuilding for 2027 - Fleet Renewal Program Expands to $460 Million Across Six Modern Eco-Design Capesizes/Newcastlemax ________________1 Adjusted earnings / (loss) per share, Adjusted Net Income / (loss), EBITDA and Adjusted EBITDA are non-GAAP measures. Please see the reconciliation below of Adjusted earnings per share, Adjusted Net Income, EBITDA and Adjusted EBITDA to net income, the most directly comparable U.S. GAAP measure.2 Time Charter Equivalent (“TCE”) rate is a non-GAAP measure. Please see the reconciliation below of TCE rate to net revenues from vessels, the most directly comparable U.S. GAAP measure. Highlights and Developments: Financial performance & Shareholder Returns EPS of $0.45 and Net income of $9.7 million Adjusted EPS of $0.63 and Adjusted EBITDA of $28.1 million, up 251% year-over-year, reflecting the earnings power of Seanergy's pure-play Capesize platform 18th consecutive quarterly cash dividend of $0.20 per share; cumulative distributions of $2.84 per share (~$55.6 million) since program inception Fleet renewal program: $460 Million Program - Six Modern Eco-Design Vessels Contracted six scrubber-fitted newbuildings at leading Japanese and Chinese shipyards: five 181,500 dwt Capesizes (four delivering Q2–Q4 2027, one Q1 2029) and one 211,000 dwt Newcastlemax (Q2 2028) — securing delivery slots that are increasingly scarce globally Agreed the sale of a 2010-built Capesize vessel for $29.5 million, expected to generate approximately $13.4 million in net liquidity Financings Approximately $237 million in new debt financings across the newbuilding program, financing for four vessels already agreed at attractive terms Commercial data Q1 2026 fleet TCE of $24,219 per day, a 6% premium over the BCI-180 average Q2 2026 TCE Guidance: Approximately $31,430 per day3 ATHENS, Greece, May 28, 2026 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (“Seanergy” or the “Company”) (NASDAQ: SHIP), a leading pure-play Capesize owner and operator, today reported its financial results for the first quarter of 2026, and announced a quarterly cash dividend of $0.20 per common share. This represents Seanergy’s 18th consecutive quarterly dividend under its capital return policy, underscoring the Company’s commitment to disciplined capital allocation and consist...

Seanergy Maritime Holdings Corp (SHIP) is scheduled to report its first-quarter 2026 results on May 28, before market open. The Zacks Consensus Estimate for SHIP’s first-quarter 2026 earnings has been revised upward by 5.41% to 39 cents per share over the past 60 days. The consensus mark for earnings implies more than 100% increase from the first quarter of 2025 actuals. Meanwhile, the Zacks Consensus Estimate for revenues is pegged at $41.88 million, indicating 72.97% growth from first-quarter 2025 actuals. Image Source: Zacks Investment Research Seanergy Maritime has an encouraging earnings surprise history. The company’s earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 76.43%. Image Source: Zacks Investment Research Let’s see how things have shaped up for SHIP this earnings season. We expect SHIP’s performance in the to-be-reported quarter to have been significantly affected by rising operating expenses. Ongoing geopolitical tensions in the Middle East and supply-chain disruptions are likely to have negatively impacted the company’s results in the March-end quarter. On the contrary, the company’s top-line performance in the March-end quarter is expected to have benefitted from the positive sentiment surrounding the Capesize market, further supported by its proactive fleet optimization strategy. Our proven model predicts an earnings beat for Seanergy Maritime this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. SHIP has an Earnings ESP of +15.39% and a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Seanergy Maritime Holdings Corp price-eps-surprise | Seanergy Maritime Holdings Corp Quote Seanergy Maritime reported quarterly earnings of 68 cents per share, beating the Zacks Consensus Estimate of 56 cents. This compares to earnings of 34 cents a year ago. These figures are adjusted for non-recurring items. The company posted revenues of $49.4 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 4.17%. This compares to year-ago revenues of $41.7 million. Delta Air Lines (DAL) reported first-quarter 2026 earnings (...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Seanergy Maritime Holdings Corp (SHIP). This company, which is in the Zacks Transportation - Shipping industry, shows potential for another earnings beat. This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 33.54%. For the most recent quarter, Seanergy Maritime Holdings was expected to post earnings of $0.56 per share, but it reported $0.68 per share instead, representing a surprise of 21.43%. For the previous quarter, the consensus estimate was $0.46 per share, while it actually produced $0.67 per share, a surprise of 45.65%. For Seanergy Maritime Holdings, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Seanergy Maritime Holdings currently has an Earnings ESP of +15.39%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #1 (Strong Buy) indicates that another beat is possibly around the corner. We expect the company's next earnings report to be released on May 28, 2026. With the Earnings ESP metric, it's important to note that a negative value reduces its...

Earnings Release: Thursday, May 28, 2026, Before Market Open in New York Conference Call and Webcast: Thursday, May 28, 2026, at 10:00 a.m. Eastern Time GLYFADA, Greece, May 26, 2026 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today that it will release its financial results for the first quarter ended March 31, 2026, prior to the open of the market in New York on Thursday, May 28, 2026. Seanergy’s senior management will conduct a conference call and simultaneous Internet webcast to review these results on Thursday, May 28, 2026 at 10:00 a.m. Eastern Time. Audio Webcast:There will be a live, and then archived, webcast of the conference call available through the Company’s website. To listen to the archived audio file, visit our website, following the Webcast & Presentations section under our Investor Relations page. Participants to the live webcast should register on the Seanergy website approximately 10 minutes prior to the start of the webcast, by following this link. Conference Call Details:Participants have the option to register for the call using the following link. You can use any number from the list or add your phone number and let the system call you right away. About Seanergy Maritime Holdings Corp.Seanergy Maritime Holdings Corp. is a prominent pure-play Capesize shipping company publicly listed in the U.S. Seanergy provides marine dry bulk transportation services through a modern fleet of Capesize vessels. The Company owns or finance leases 20 vessels (2 Newcastlemax and 18 Capesize) with an average age of approximately 14.9 years and an aggregate cargo carrying capacity of approximately 3,633,861 dwt. Upon completion of the sales of the M/Vs Squireship, Dukeship, and the delivery of the newbuilding vessels, the Company is expected to own or finance lease 23 vessels (3 Newcastlemax and 20 Capesize), with an aggregate cargo carrying capacity of approximately 4,218,890 dwt. The Company is incorporated in the Republic of the Marshall Islands and has executive offices in Glyfada, Greece. The Company's common shares trade on the Nasdaq Capital Market under the symbol “SHIP”. Please visit our company website at: www.seanergymaritime.com. Forward-Looking StatementsThis press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, an...

Wall Street expects a year-over-year increase in earnings on higher revenues when Seanergy Maritime Holdings Corp (SHIP) reports results for the quarter ended March 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This company is expected to post quarterly earnings of $0.41 per share in its upcoming report, which represents a year-over-year change of +251.9%. Revenues are expected to be $42.41 million, up 75.2% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 7.22% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A posi...

Pangaea Logistics Solutions PANL is set to report fourth-quarter 2025 results on March 10, after market closes. The Zacks Consensus Estimate for the to-be-reported quarter has remained stable at an earnings of 18 cents per share over the past 60 days. In the year-ago quarter, PANL reported EPS of 16 cents. The Zacks Consensus Estimate for quarterly revenues, currently pegged at $165.6 million, indicates a year-over-year increase of 12.5%. For 2025, the Zacks Consensus Estimate for PANL’s revenues is pegged at $613.8 million, implying an expansion of 14.4% year over year. The consensus mark for 2025 EPS is pegged at 30 cents, implying a decline of 53.9% year over year. In the trailing four quarters, the transportation company’s earnings surpassed estimates in each of the past four quarters. The average beat is 240.8% Pangaea Logistics Solutions Ltd. price-eps-surprise | Pangaea Logistics Solutions Ltd. Quote Our proven model does not predict an earnings beat for PANL this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. PANL has an Earnings ESP of 0.00% and a Zacks Rank #3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here. PANL’s performance is expected to have been affected by supply-chain disruptions. High operating expenses due to the increased average number of vessels in its fleet are likely to have hurt the bottom line. Steep dry-docking costs are likely to have pressured margins in the to-be-reported quarter. With the gradual resumption of economic activities, world trade has gained pace, which, in turn, might have aided the fourth-quarter performance of shipping stocks like Pangaea Logistics. This is because the shipping industry is responsible for transporting several goods involved in world trade. The resilience shown by the dry bulk market despite hiccups is likely to have aided PANL’s fourth-quarter performance. Over the past year, shares of PANL have gained in excess of 75%, outperforming the Zacks Transportation - Shipping industry. However, PANL has performed worse than fellow industry player Seanergy Maritime Holdings SHIP and Euroseas ESEA in the same timeframe. Shares of Seanergy Maritime...

This article first appeared on GuruFocus. Earnings Per Share (Q4 2025): $0.68 Earnings Per Share (Full Year 2025): $1.28 Net Revenue (Q4 2025): $49.4 million Adjusted EBITDA (Q4 2025): $28.9 million Net Income (Q4 2025): $12.5 million Net Revenue (Full Year 2025): $158.1 million Adjusted EBITDA (Full Year 2025): $81.7 million Net Income (Full Year 2025): $21.2 million Dividends (2025): $0.43 per share Cash and Cash Equivalents: $62.7 million Fleet Utilization: Exceeded 96% Daily Time Charter Equivalent (Q4 2025): $26,600 Daily Time Charter Equivalent (Full Year 2025): $21,000 Debt Capital Ratio: Below 50% Fleet Loan-to-Value: 43% Daily Operating Expenses per Vessel: Approximately $7,000 Daily Cash Interest Expense per Vessel: Approximately $2,570 Warning! GuruFocus has detected 9 Warning Signs with SHIP. Is SHIP fairly valued? Test your thesis with our free DCF calculator. Release Date: February 17, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Seanergy Maritime Holdings Corp (NASDAQ:SHIP) reported its fifth consecutive year of profitability in 2025, with strong earnings and meaningful cash flow. The company achieved a high fleet utilization rate of over 96% despite a busy dry-docking schedule, demonstrating strong operational efficiency. Seanergy declared total dividends of $0.43 per share in 2025, returning approximately $96 million to shareholders since Q4 2021. The company has secured three high-specification eco newbuildings, enhancing its fleet renewal strategy and positioning it well for future regulatory requirements. Seanergy maintained a conservative leverage profile with a fleet loan-to-value ratio of 43%, ensuring financial resilience and exposure to market upside. The Capesize market remains volatile, with Seanergy needing to balance index-linked exposure and forward features to manage this volatility. The company faces challenges with inflated asset values, particularly for 5-year-old ships, making acquisitions less attractive. Seanergy's newbuilding program requires significant capital investment, with approximately $226 million allocated for new vessels. The limited shipyard availability and high demand for newbuildings across various shipping sectors could constrain future fleet expansion. Despite strong financial performance, the company must navigate potential market fluctuations...

Seanergy reported its fifth consecutive profitable year, delivering Q4 EPS of $0.68 and full-year EPS cited at $1.28 (CFO noted $1.02), with Q4 net revenue of $49.4M, FY net revenue of $158.1M and an EBITDA margin of roughly 50%. The company committed to fleet renewal with three high-spec eco newbuilds (two Capesizes and one Newcastlemax) costing about $226M with deliveries in Q2 2027–Q2 2028, while maintaining shareholder returns—declaring $0.43 per share in dividends for 2025—and plans to fund newbuild cash via asset sales and financing. Operationally Seanergy achieved a Q4 TCE of about $26,600/day (FY ~$21,000/day) with >96% utilization and expects Q1 2026 TCE ~$25,300/day; year-end liquidity was $62.7M, total debt ~$294M and net LTV around 34%. Interested in Seanergy Maritime Holdings Corp? Here are five stocks we like better. Top Shipping Firms Driving Industry-Leading Revenue Growth Seanergy Maritime (NASDAQ:SHIP) reported fourth-quarter and full-year 2025 results highlighting its fifth consecutive year of profitability, continued shareholder distributions, and further steps toward fleet renewal centered on Capesize and Newcastlemax vessels. Chairman and CEO Stamatis Tsantanis said the company delivered “strong earnings” and “meaningful cash flow” in 2025 while strengthening its balance sheet. He reported earnings per share of $0.68 for the fourth quarter of 2025 and $1.28 for the full year, and pointed to both net income and vessel value appreciation since 2021 as evidence of the company’s operating leverage. → Whale Watching: BlackRock’s Massive Bet on Nebius Group Chief Financial Officer Stavros Gyftakis detailed the financial performance for the period. For the fourth quarter of 2025, Seanergy reported: Net revenue: $49.4 million Adjusted EBITDA: $28.9 million Net income: $12.5 million For the full year 2025, Gyftakis reported: Net revenue: $158.1 million Adjusted EBITDA: $81.7 million Net income: $21.2 million Earnings per share (as stated by CFO): $1.02 → Meta's Platfroms' New Bull: Why Billionaire Bill Ackman Is Buying Gyftakis also highlighted profitability metrics, citing an EBITDA margin of approximately 50% and an operating cash flow margin of roughly 33%. Daily operating expenses averaged about $7,100 per vessel, which he said was only modestly higher year over year despite inflation and an aging fleet profile. Management emphasized capital...