USEA · NASDAQ · Marine Shipping

United Maritime (USEA)

Owns and operates dry-bulk vessels for seaborne cargo transportation worldwide.

$2.98
Pre-market−0.01 (−0.33%)
At close$2.99(+6.03%)
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United Maritime CorporationUSEAIndustrials

Owns and operates Capesize, Kamsarmax and Panamax dry-bulk vessels for worldwide cargo transport. Operations evolve through vessel purchases, bareboat charters and sales, with ship-management services supplied under an agreement with former parent Seanergy.

Moves seaborne dry-bulk cargo worldwide through vessels it owns or operates under charter. The fleet includes Capesize, Kamsarmax and Panamax ships, and the operating portfolio changes through purchases, bareboat-charter arrangements and vessel sales.

Created in a 2022 spin-off from Seanergy Maritime, the business receives technical, administrative, commercial and brokerage services from Seanergy under a master management agreement. Day-to-day vessel operations therefore retain a formal relationship with the former parent.

Chairman and CEO Stamatios Tsantanis and CFO Stavros Gyftakis also hold roles at Seanergy, while some directors serve both boards. That overlap may create conflicts in matters involving the two companies.

Company facts

CEOStamatios Tsantanis
ListedJul 6, 2022
ExchangeNASDAQ
HeadquartersGlyfada, Greece
CountryGreece
Employees6
CIK0001912847
ISINMHY923351016

Market cap$28.3M
EPS (ttm)−$0.2055
P/E (ttm)−14.45
ROE-3.0%
P/B0.5117
P/S0.7981
Dividend yieldDiv yield10.77%
Beta1.08vs XLI 0.12

No analyst consensus on record.

Next report
Nov 3, 2026
in 61 days
EPS estimate
$0.26
Revenue estimate
$10.9M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Jul '26Nov '26
Reported−$0.08−$0.50$0.02$0.18−$0.17$0.02$0.15Pending
Estimate−$0.41−$0.53−$0.15−$0.08−$0.04−$0.12$0.03$0.26
Surprise+80.5%+5.7%+113.3%+325.0%−325.0%+116.7%+400.0%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Jul '26Nov '26
Reported$10.8M$7.8M$12.5M$11.0M$6.6M$7.9M$10.0MPending
Estimate$9.5M$8.0M$9.9M$8.3M$8.7M$8.1M$9.8M$10.9M
Surprise+14.0%−3.1%+26.0%+32.1%−24.2%−1.9%+2.0%
Estimate$0.26
ReportedDue Nov 3, 2026
Estimate$10.9M
ReportedDue Nov 3, 2026
View details

Debt to equity176.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$11.6M$10.8M$7.8M$12.5M$11.0M$6.6M$7.9M$10.0M
Net income−$894.0K−$1.8M−$4.5M$962.0K$1.1M−$3.8M−$139.0K$1.2M
Net margin0.0%0.0%0.0%7.7%9.7%0.0%0.0%11.6%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$1.5M$13.0K−$2.5M$1.9M$2.9M−$655.0K$966.0K$1.9M
YoY growth−85.7%−99.1%−478.0%−27.2%+89.1%−5,138.5%−0.7%

Balance sheet, Jun 30, 2026Cash & short-term investments $12.1M · Total debt $94.2M · Total assets $163.0M · Shareholders' equity $53.3M

Revenue
$10.0M
Operating income
$1.9M
Net income
$1.2M
View details

Next ex-date
Sep 25, 2026
in 22 days
Annual dividend
$0.32
per share
Dividend yield
10.77%
Schedule
Quarterly
4 payments a year

Last raised to $0.10 from $0.09 in Mar 2026. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Sep 25, 2026Sep 25Oct 9$0.10upcoming
Jun 29, 2026Jun 29Jul 10$0.10
Mar 27, 2026Mar 27Apr 10$0.10raised from $0.09
Dec 29, 2025Dec 29Jan 9$0.09raised from $0.03
Aug 18, 2025Aug 18Oct 10$0.03raised from $0.01
Jun 30, 2025Jun 30Jul 10$0.01
Mar 27, 2025Mar 27Apr 10$0.01cut from $0.075
Dec 27, 2024Dec 27Jan 10$0.075
Sep 27, 2024Sep 27Oct 10$0.075
View details

Institutions18 holders · as of Mar 31, 20266.69%637.8K shares
Insiders5 holders · as of Aug 4, 202624.85%2.37M shares
Otherremainder68.46%6.53M shares

9.54M company shares as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Stamatios TsantanisInsiderdirector, officer: Director, CEO
14.62%1.39M13Dfiled Apr 8, 2026
Dimitrios KostopoulosInsiderdirector
3.51%335,000Form 4filed Aug 4, 2026
Stavros GyftakisInsiderdirector, officer: See Remarks
2.59%246,678Form 4filed Jul 15, 2026
Christina AnagnostaraInsiderdirector
2.57%245,231Form 4filed Mar 18, 2026
Renaissance Technologies LLCInstitution
2.44%232,53513Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 31, 2026Dimitrios Kostopoulosdirector+15,000$2.74
Jul 13, 2026Stavros Gyftakisdirector, officer: See Remarks−5,000$2.64
May 22, 2026Dimitrios Kostopoulosdirector+20,000$2.40
Apr 6, 2026Stavros Gyftakisdirector, officer: See Remarks−5,000$2.08
View details

ComparePre-market

CompanyPriceChange
United Maritime$2.98−0.33%$28.3M9.60.8−19.9%
Star Bulk Carriers$32.00+0.63%$3.55B12.57.13.0+15.0%
Safe Bulkers$9.12+0.27%$925.6M11.715.23.0+33.0%
Navios Maritime Partners$91.390.00%$2.60B6.05.01.8+25.2%
Diana Shipping$3.01+0.30%$371.9M6.28.61.7+4.8%
Seanergy Maritime$18.58+3.16%$392.7M6.56.62.0+48.6%
Genco Shipping & Trading$27.31+1.19%$1.18B29.812.72.7+14.0%
Median9.17.92.3+20.1%