Overview
Seanergy Q3 2025 revenue rose to $47 mln, beating analyst expectations
Net income for Q3 2025 increased to $12.8 mln from $12.5 mln in Q3 2024
Company declared a $0.13 per share dividend, marking 16th consecutive payout
Outlook
Company estimates Q4 2025 TCE rate at approximately $23,878
Seanergy anticipates strong Capesize charter rates due to rising trade volumes
Company continues disciplined fleet renewal strategy with newbuilding contract
Result Drivers
CAPESIZE MARKET RECOVERY - Co capitalized on recovering Capesize market, driving higher profitability, per CEO Stamatis Tsantanis
FLEET MANAGEMENT - Sale of vintage vessel and newbuilding contract contributed to liquidity and fleet modernization
WARRANT EXPIRATION - Expiration of outstanding warrants simplified capital structure, enhancing shareholder value
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $47 mln | $43.22 mln (4 Analysts) |
Q3 EPS | $0.61 | ||
Q3 Adjusted Net Income | $14 mln | ||
Q3 Adjusted EBITDA | $26.60 mln | ||
Q3 Dividend | $0.13 |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the marine freight & logistics peer group is "buy"
Wall Street's median 12-month price target for Seanergy Maritime Holdings Corp is $12.25, about 28.2% above its November 12 closing price of $8.80
The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 8 three months ago
Press Release: ID:nGNX9pknwX
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)