Q2 EPS Forecast for Seanergy Maritime Increased by Analyst

Seanergy Maritime Holdings Corp (NASDAQ:SHIP) – Equities research analysts at Noble Financial lifted their Q2 2026 earnings per share estimates for shares of Seanergy Maritime in a note issued to investors on Friday, May 22nd. Noble Financial analyst M. Reichman now expects that the shipping company will post earnings of $0.76 per share for the quarter, up from their previous estimate of $0.75. Noble Financial currently has a “Outperform” rating on the stock. The consensus estimate for Seanergy Maritime’s current full-year earnings is $1.89 per share.

Several other research analysts have also commented on SHIP. Weiss Ratings reissued a “hold (c-)” rating on shares of Seanergy Maritime in a research report on Friday, March 27th. B. Riley Financial boosted their price target on Seanergy Maritime from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Wall Street Zen raised Seanergy Maritime from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 4th. Finally, Zacks Research raised Seanergy Maritime from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Seanergy Maritime presently has an average rating of “Buy” and a consensus price target of $17.00.

Seanergy Maritime Stock Performance

SHIP opened at $15.12 on Monday. The firm has a market cap of $316.01 million, a price-to-earnings ratio of 15.12 and a beta of 0.94. The company has a current ratio of 0.85, a quick ratio of 0.83 and a debt-to-equity ratio of 0.84. Seanergy Maritime has a 12 month low of $5.81 and a 12 month high of $16.81. The stock has a fifty day moving average price of $14.27 and a 200-day moving average price of $11.88.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. GSA Capital Partners LLP acquired a new position in Seanergy Maritime during the 3rd quarter valued at about $324,000. Triumph Capital Management acquired a new position in Seanergy Maritime during the 3rd quarter valued at about $355,000. Allworth Financial LP acquired a new position in Seanergy Maritime during the 3rd quarter valued at about $85,000. R Squared Ltd grew its stake in Seanergy Maritime by 28.0% during the 3rd quarter. R Squared Ltd now owns 24,708 shares of the shipping company’s stock valued at $204,000 after purchasing an additional 5,405 shares during the last quarter. Finally, Renaissance Technologies LLC grew its stake in Seanergy Maritime by 15.8% during the 1st quarter. Renaissance Technologies LLC now owns 652,300 shares of the shipping company’s stock valued at $8,421,000 after purchasing an additional 88,800 shares during the last quarter. 29.36% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Seanergy Maritime

In related news, insider Stavros Gyftakis sold 3,570 shares of the company’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $13.95, for a total transaction of $49,801.50. Following the transaction, the insider directly owned 236,295 shares of the company’s stock, valued at $3,296,315.25. This represents a 1.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 4.70% of the stock is owned by corporate insiders.

Seanergy Maritime Company Profile

Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) is a dry bulk shipping company that provides seaborne transportation services for major commodities, including iron ore, coal and grain. The company’s operations encompass both time charter and voyage charter contracts, enabling customers to secure vessel capacity on either a fixed-rate or spot basis. Its client base includes commodity producers, trading houses and industrial end users seeking global logistics solutions for bulk materials.

The company’s core assets consist of a fleet of modern dry bulk carriers, spanning Capesize, Panamax and Supramax classes.