Seanergy Maritime
Operates large dry-bulk vessels under largely index-linked time charters.
Something off on this page? Send us feedback.
Profile
Operates Capesize and Newcastlemax vessels that carry major dry-bulk commodities worldwide. Charter hire is principally tied to the Baltic Capesize Index, linking revenue to market rates and charterer performance.
Operates a fleet focused on Capesize and Newcastlemax vessels for global seaborne transport of major dry-bulk commodities. The fleet has been reshaped from a broader dry-bulk mix into a Capesize-focused carrier. Capesize and Newcastlemax form the current operating focus.
Earns charter hire principally through long-term time charters calculated from the Baltic Capesize Index average. Some vessels use a fixed daily floor with profit sharing.
Depends on dry-bulk market conditions and counterparties meeting charter obligations. Fleet composition changes through vessel sales, purchases, and contracted newbuildings; announced future vessels are distinct from the operating fleet.
Company facts
Categories
Key statistics
Year to date +95.0% · Average volume (30d) 292.0K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Target |
|---|---|---|---|
| Feb 9, 2026 | Seaport Global | Target | $17 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | $1.05 | $1.32 | +25.7% | $53.9M | $55.7M | +3.3% | +10.75% |
| May 28, 2026Q1 FY26 | $0.39 | $0.63 | +61.5% | $42.1M | $42.9M | +1.7% | +9.54% |
| Feb 17, 2026Q4 FY25 | $0.51 | $0.68 | +33.3% | $45.0M | $49.4M | +9.9% | +6.40% |
| Nov 13, 2025Q3 FY25 | $0.46 | $0.67 | +45.7% | $47.0M | $47.0M | 0.0% | +1.52% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $24.2M | $37.5M | $47.0M | $49.4M | $42.9M | $55.7M | |
| Gross profit | $2.6M | $13.5M | $20.9M | $25.6M | $19.3M | $33.0M | |
| Operating income | −$1.7M | $8.2M | $16.0M | $18.5M | $11.7M | $25.9M | |
| Net income | −$6.9M | $2.8M | $12.4M | $12.3M | $9.5M | $25.6M | |
| Diluted EPS | −$0.34 | $0.14 | $0.61 | $0.59 | $0.45 | $1.21 | |
| Gross margin | 10.8% | 36.0% | 44.5% | 51.8% | 45.0% | 59.3% | |
| Operating margin | -7.0% | 22.0% | 34.1% | 37.5% | 27.4% | 46.5% |
Fiscal years (4-quarter sums)FY21 $153.1M · FY22 $125.0M · FY23 $110.2M · FY24 $167.5M · FY25 $158.1M
Balance sheet, Jun 30, 2026Cash & short-term investments $59.5M · Total debt $294.9M · Total assets $643.5M · Shareholders' equity $313.1M
Dividends
Last raised to $0.20 from $0.13 in Mar 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 29, 2026 | Jun 29 | Jul 10 | $0.20 | |
| Mar 27, 2026 | Mar 27 | Apr 10 | $0.20 | raised from $0.13 |
| Dec 29, 2025 | Dec 29 | Jan 9 | $0.13 | raised from $0.05 |
| Sep 29, 2025 | Sep 29 | Oct 10 | $0.05 | |
| Jun 27, 2025 | Jun 27 | Jul 10 | $0.05 | cut from $0.10 |
| Mar 27, 2025 | Mar 27 | Apr 10 | $0.10 | cut from $0.26 |
| Dec 27, 2024 | Dec 27 | Jan 10 | $0.26 | raised from $0.25 |
| Sep 27, 2024 | Sep 27 | Oct 10 | $0.25 | raised from $0.025 |
Ownership
Shares outstanding 21.11M · Float 14.36M · 68.0% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Konstantakopoulos Konstantinos | 2.20M | 10.20% | 13G | Apr 8, 2026 |
| Tsantanis Stamatios | 2.08M | 9.62% | 13D | Mar 31, 2026 |
| Maryport Navigation Corp. | 1.85M | 8.80% | 13D | Mar 16, 2026 |
| Goldman Sachs Group Inc | 814.6K | 3.86% | 13F | May 15, 2026 |
| Renaissance Technologies LLC | 652.3K | 3.09% | 13F | May 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 6, 2026 | Christina Anagnostara | director | −15,000 | $17.19 |
| Jul 13, 2026 | Stavros Gyftakis | officer: See Remarks | −3,300 | $14.81 |
| Apr 6, 2026 | Stavros Gyftakis | officer: See Remarks | −3,570 | $13.95 |
Peers
- Star Bulk Carriers
Large dry-bulk fleet with Capesize and Newcastlemax capacity
- CMB.TECH (ADR)
Post-merger dry-bulk capacity spanning Newcastlemax and Capesize vessels
- Genco Shipping & Trading
Major-bulk operator with Capesize and Newcastlemax vessels
- Himalaya Shipping
Pure-play Newcastlemax owner for long-haul dry-bulk trades
- Safe Bulkers
Dry-bulk operator with an eight-vessel Capesize segment
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Seanergy Maritime | $18.01 | +1.30% | $375.6M | 6.2 | 6.4 | 1.9 | +48.6% |
| Star Bulk Carriers | $30.48 | +0.03% | $3.40B | 12.0 | 6.8 | 2.8 | +15.0% |
| CMB.TECH (ADR) | $18.35 | +0.05% | $5.32B | 6.3 | 11.4 | 2.4 | +78.0% |
| Genco Shipping & Trading | $25.88 | −0.02% | $1.13B | 28.6 | 12.2 | 2.6 | +14.0% |
| Himalaya Shipping | $16.99 | +1.74% | $787.3M | 14.8 | 10.7 | 4.7 | +77.3% |
| Safe Bulkers | $8.52 | −0.06% | $867.6M | 11.0 | 14.2 | 2.8 | +33.0% |
| Median | 12.0 | 11.4 | 2.8 | +33.0% |