What is Noble Financial’s Estimate for SHIP Q2 Earnings?

Seanergy Maritime Holdings Corp (NASDAQ:SHIP) – Stock analysts at Noble Financial increased their Q2 2026 EPS estimates for Seanergy Maritime in a research report issued to clients and investors on Thursday, July 23rd. Noble Financial analyst M. Reichman now expects that the shipping company will earn $1.08 per share for the quarter, up from their previous forecast of $0.93. The consensus estimate for Seanergy Maritime’s current full-year earnings is $2.70 per share. Noble Financial also issued estimates for Seanergy Maritime’s FY2026 earnings at $3.17 EPS.

Seanergy Maritime (NASDAQ:SHIP) last issued its quarterly earnings data on Thursday, May 28th. The shipping company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.24. The business had revenue of $42.85 million for the quarter, compared to analyst estimates of $42.15 million. Seanergy Maritime had a net margin of 20.96% and a return on equity of 14.47%.

A number of other brokerages have also commented on SHIP. Zacks Research lowered Seanergy Maritime from a “strong-buy” rating to a “hold” rating in a report on Friday, May 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Seanergy Maritime in a research report on Wednesday, July 8th. B. Riley Financial upped their price target on Seanergy Maritime from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, Wall Street Zen raised shares of Seanergy Maritime from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 4th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $22.00.

Seanergy Maritime Price Performance

SHIP stock opened at $16.37 on Friday. The stock has a 50-day moving average price of $14.99 and a two-hundred day moving average price of $13.53. The stock has a market cap of $342.13 million, a PE ratio of 9.15 and a beta of 0.94. The company has a current ratio of 0.85, a quick ratio of 0.83 and a debt-to-equity ratio of 1.11. Seanergy Maritime has a 1 year low of $6.70 and a 1 year high of $16.86.

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. Walleye Capital LLC increased its holdings in Seanergy Maritime by 674.4% in the 4th quarter. Walleye Capital LLC now owns 294,523 shares of the shipping company’s stock valued at $2,718,000 after buying an additional 256,492 shares during the period. Millennium Management LLC lifted its position in shares of Seanergy Maritime by 400.8% during the 4th quarter. Millennium Management LLC now owns 293,220 shares of the shipping company’s stock worth $2,706,000 after buying an additional 234,672 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Seanergy Maritime by 15.8% in the first quarter. Renaissance Technologies LLC now owns 652,300 shares of the shipping company’s stock valued at $8,421,000 after buying an additional 88,800 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Seanergy Maritime by 512.1% during the second quarter. Arrowstreet Capital Limited Partnership now owns 86,566 shares of the shipping company’s stock worth $546,000 after acquiring an additional 72,423 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in Seanergy Maritime by 235.9% in the 4th quarter. Jane Street Group LLC now owns 100,363 shares of the shipping company’s stock valued at $926,000 after purchasing an additional 70,481 shares during the last quarter. 29.36% of the stock is currently owned by institutional investors and hedge funds.

Seanergy Maritime Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 29th were paid a $0.20 dividend. The ex-dividend date was Monday, June 29th. This represents a $0.80 annualized dividend and a dividend yield of 4.9%. Seanergy Maritime’s dividend payout ratio is 44.69%.

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.