Seanergy Maritime Holdings Corp. (SHIP) AI Stock Analysis

Seanergy Maritime Holdings Corp. is an international shipping company specializing in the seaborne transportation of dry bulk commodities. Headquartered in Athens, Greece, the company operates a fleet of 17 Capesize vessels with an aggregate cargo-carrying capacity of approximately 3,011,083 deadweight tons. Originally named Seanergy Merger Corp. and rebranded in July 2008, the company serves global trade logistics by transporting bulk industrial commodities across international waters.

Between FY2020 and FY2025, revenue achieved a 5-year CAGR of 20.1%, moving from $153.1M in FY2021 to $158.1M in FY2025. Annual performance has varied with shipping markets: revenue rose 51.9% in FY2024 to $167.5M, then fell 5.6% in FY2025 to $158.1M, when net income was $20.8M and operating margin was 26.0%. Free cash flow reached $17.0M in FY2025, up from $927,000 in FY2024. For the trailing twelve months ended June 30, 2026, revenue totaled $194.2M with an operating margin of 46.5% and diluted EPS of $2.87. In the latest quarter, quarterly revenue grew 48.6% year-over-year, while quarterly earnings grew 783.8%.

As of June 30, 2026, Seanergy Maritime held $59.5M in cash and short-term investments against total debt of $294.9M, resulting in net debt of $235.4M. Shareholders' equity was $313.1M, yielding a debt-to-equity ratio of 0.94, alongside a current ratio of 0.74. In FY2025, operating cash flow was $52.6M, which supported $35.6M in capital expenditures and $9.5M in dividends paid. Over the past 5 years, the share count increased by 2.3%.

At $15.28 per share, Seanergy Maritime has a market capitalization of $331.1M and an enterprise value of $615.6M. The stock trades at a trailing P/E of 5.3x and forward P/E of 4.8x, compared to medians of 24.8x and 17.2x for US-listed Industrials peers. Its EV/EBITDA is 7.8x versus the peer median of 13.9x, and its price-to-book ratio is 1.2x. Over the past year, SHIP gained 102.0%, outperforming the S&P 500 (SPY) return of 16.8%, though its 5-year return of 73.3% trails the index return of 83.0%.

Seanergy Maritime pays a quarterly dividend with an annualized forward payout of $1.40 per share, representing a dividend yield of 9.16%. The payout ratio is 28.5%, and the company has paid dividends for 5 consecutive years. Its last ex-dividend date was September 25, 2026.

Wall Street coverage consists of 3 Strong Buy ratings, 1 Buy rating, and no Hold or Sell recommendations. The mean price target is $23.25, representing a 52.2% premium over the last close of $15.28. For FY2026, analysts estimate revenue of $202.8M and EPS of $3.66, reflecting 185.9% earnings growth. For FY2027, 2 analysts project revenue of $194.8M and EPS of $2.52. The company beat EPS estimates in each of the last 4 quarters, and its next earnings date is November 12, 2026.

This page is an AI-written research summary of Seanergy Maritime Holdings Corp. (SHIP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: SHIP income statement, SHIP balance sheet, SHIP key metrics, SHIP analyst forecast, SHIP chart. See the SHIP stock overview for the latest quote and news.