Seanergy Maritime (SHIP) Projected to Post Earnings on Friday

Seanergy Maritime (NASDAQ:SHIP) is expected to release its earnings data before the market opens on Friday, March 21st. Analysts expect Seanergy Maritime to post earnings of $0.28 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Seanergy Maritime Price Performance

Seanergy Maritime stock opened at $7.22 on Thursday. The stock has a market cap of $147.10 million, a price-to-earnings ratio of 3.09 and a beta of 0.45. The firm has a 50-day moving average of $7.02 and a two-hundred day moving average of $8.50. Seanergy Maritime has a 1 year low of $6.55 and a 1 year high of $13.19. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.99 and a quick ratio of 0.52.

Seanergy Maritime Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.40 annualized dividend and a yield of 5.54%. Seanergy Maritime’s dividend payout ratio (DPR) is currently 18.96%.

Analysts Set New Price Targets

SHIP has been the subject of a number of research analyst reports. Maxim Group decreased their target price on Seanergy Maritime from $17.00 to $11.00 and set a “buy” rating for the company in a research report on Monday, February 3rd. StockNews.com downgraded Seanergy Maritime from a “buy” rating to a “hold” rating in a report on Tuesday, February 4th.

Seanergy Maritime Company Profile

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.