Euronav (NYSE:CMBT) and Seanergy Maritime (NASDAQ:SHIP) Head-To-Head Analysis

Euronav (NYSE:CMBT) and Seanergy Maritime (NASDAQ:SHIP) are both transportation companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, earnings, institutional ownership, profitability, valuation, dividends and risk.

Dividends

Euronav pays an annual dividend of $0.75 per share and has a dividend yield of 4.7%. Seanergy Maritime pays an annual dividend of $1.00 per share and has a dividend yield of 10.0%. Euronav pays out 12.5% of its earnings in the form of a dividend. Seanergy Maritime pays out 69.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Valuation & Earnings

This table compares Euronav and Seanergy Maritime”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Euronav	$1.04 billion	3.11	$858.03 million	$6.01	2.67
Seanergy Maritime	$110.23 million	1.87	$2.28 million	$1.45	6.88

Euronav has higher revenue and earnings than Seanergy Maritime. Euronav is trading at a lower price-to-earnings ratio than Seanergy Maritime, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

29.4% of Seanergy Maritime shares are held by institutional investors. 4.7% of Seanergy Maritime shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Euronav and Seanergy Maritime’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Euronav	112.38%	22.35%	11.43%
Seanergy Maritime	20.12%	12.42%	6.02%

Analyst Ratings

This is a summary of current ratings and target prices for Euronav and Seanergy Maritime, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Euronav	0	0	0	0	N/A
Seanergy Maritime	0	0	1	1	3.50

Seanergy Maritime has a consensus price target of $12.50, suggesting a potential upside of 25.25%. Given Seanergy Maritime’s higher possible upside, analysts plainly believe Seanergy Maritime is more favorable than Euronav.

Volatility & Risk

Euronav has a beta of -0.08, meaning that its share price is 108% less volatile than the S&P 500. Comparatively, Seanergy Maritime has a beta of 0.65, meaning that its share price is 35% less volatile than the S&P 500.

About Euronav

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV.

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. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was incorporated in 2008 and is based in Glyfada, Greece.