Noble Financial Issues Positive Estimate for SHIP Earnings

Seanergy Maritime Holdings Corp (NASDAQ:SHIP) – Analysts at Noble Financial boosted their Q1 2026 earnings per share estimates for shares of Seanergy Maritime in a research report issued to clients and investors on Wednesday, February 18th. Noble Financial analyst M. Reichman now expects that the shipping company will earn $0.42 per share for the quarter, up from their prior estimate of $0.23. Noble Financial currently has a “Outperform” rating on the stock. The consensus estimate for Seanergy Maritime’s current full-year earnings is $2.01 per share. Noble Financial also issued estimates for Seanergy Maritime’s Q2 2026 earnings at $0.53 EPS, Q3 2026 earnings at $0.59 EPS, Q4 2026 earnings at $0.48 EPS and FY2026 earnings at $2.02 EPS.

SHIP has been the topic of a number of other research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Seanergy Maritime in a research report on Monday, December 29th. B. Riley Financial increased their price target on Seanergy Maritime from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Wall Street Zen raised Seanergy Maritime from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Finally, Zacks Research upgraded Seanergy Maritime from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $17.00.

Seanergy Maritime Trading Up 4.6%

NASDAQ:SHIP opened at $14.18 on Monday. Seanergy Maritime has a 12 month low of $4.78 and a 12 month high of $14.20. The company has a current ratio of 0.39, a quick ratio of 0.37 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $296.36 million, a price-to-earnings ratio of 14.18 and a beta of 0.89. The firm has a fifty day simple moving average of $10.37 and a two-hundred day simple moving average of $9.27.

Seanergy Maritime Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Friday, March 27th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, March 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.6%. This is a boost from Seanergy Maritime’s previous quarterly dividend of $0.13. Seanergy Maritime’s dividend payout ratio is currently 52.00%.

Institutional Investors Weigh In On Seanergy Maritime

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Russell Investments Group Ltd. purchased a new position in Seanergy Maritime during the fourth quarter worth about $41,000. Allworth Financial LP acquired a new position in shares of Seanergy Maritime during the 3rd quarter valued at about $85,000. Truist Financial Corp acquired a new position in shares of Seanergy Maritime during the 4th quarter valued at about $113,000. Susquehanna Fundamental Investments LLC purchased a new position in shares of Seanergy Maritime during the 4th quarter worth about $119,000. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of Seanergy Maritime in the second quarter worth approximately $90,000. Hedge funds and other institutional investors own 29.36% of the company’s stock.

About Seanergy Maritime

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.