Seanergy Maritime (SHIP) Expected to Announce Earnings on Friday

Seanergy Maritime (NASDAQ:SHIP) is anticipated to issue its quarterly earnings data before the market opens on Friday, March 21st. Analysts expect the company to announce earnings of $0.28 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Seanergy Maritime Stock Down 0.3 %

SHIP opened at $7.33 on Friday. Seanergy Maritime has a 12 month low of $6.55 and a 12 month high of $13.19. The business has a 50-day moving average of $6.97 and a two-hundred day moving average of $8.64. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.99 and a quick ratio of 0.52. The stock has a market capitalization of $151.72 million, a price-to-earnings ratio of 3.13 and a beta of 0.45.

Seanergy Maritime Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be given a $0.10 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.40 annualized dividend and a dividend yield of 5.46%. Seanergy Maritime’s dividend payout ratio is presently 18.96%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on SHIP shares. Maxim Group cut their price target on shares of Seanergy Maritime from $17.00 to $11.00 and set a “buy” rating on the stock in a research note on Monday, February 3rd. StockNews.com lowered Seanergy Maritime from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th.

About Seanergy Maritime

Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. The company was formerly known as Seanergy Merger Corp.