What is Noble Financial’s Estimate for SHIP FY2026 Earnings?

Seanergy Maritime Holdings Corp (NASDAQ:SHIP) – Research analysts at Noble Financial lifted their FY2026 earnings estimates for shares of Seanergy Maritime in a research report issued on Friday, October 23rd. Noble Financial analyst M. Reichman now anticipates that the shipping company will earn $3.44 per share for the year, up from their previous estimate of $3.29. The consensus estimate for Seanergy Maritime’s current full-year earnings is $3.33 per share.

Seanergy Maritime (NASDAQ:SHIP) last announced its quarterly earnings results on Thursday, July 30th. The shipping company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.27. The company had revenue of $55.69 million during the quarter, compared to the consensus estimate of $53.90 million.

A number of other equities research analysts also recently commented on SHIP. Weiss Ratings raised shares of Seanergy Maritime from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. B. Riley Financial boosted their target price on shares of Seanergy Maritime from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, Zacks Research cut Seanergy Maritime from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 29th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $25.00.

Seanergy Maritime Stock Performance

Shares of Seanergy Maritime stock opened at $15.99 on Monday. The company’s 50 day moving average is $17.30 and its 200 day moving average is $14.82. Seanergy Maritime has a twelve month low of $8.16 and a twelve month high of $19.22.

Institutional Trading of Seanergy Maritime

Hedge funds have recently bought and sold shares of the stock. Vision Financial Markets LLC bought a new position in shares of Seanergy Maritime during the 3rd quarter valued at approximately $28,000. Cetera Investment Advisers raised its position in shares of Seanergy Maritime by 4.2% during the first quarter. Cetera Investment Advisers now owns 20,504 shares of the shipping company’s stock valued at $265,000 after buying an additional 829 shares during the last quarter. NewEdge Advisors LLC purchased a new position in shares of Seanergy Maritime in the second quarter worth $289,000. Navellier & Associates Inc. purchased a new position in shares of Seanergy Maritime in the second quarter worth $355,000. Finally, R Squared Ltd lifted its holdings in shares of Seanergy Maritime by 59.3% in the first quarter. R Squared Ltd now owns 29,062 shares of the shipping company’s stock worth $375,000 after buying an additional 10,816 shares in the last quarter. Institutional investors own 29.36% of the company’s stock.

Insider Transactions at Seanergy Maritime

In other Seanergy Maritime news, Director Christina Anagnostara sold 15,000 shares of the stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $17.19, for a total value of $257,850.00. Following the transaction, the director directly owned 178,239 shares in the company, valued at approximately $3,063,928.41. This trade represents a 7.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Stavros Gyftakis sold 2,835 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $17.52, for a total transaction of $49,669.20. Following the completion of the transaction, the insider owned 230,340 shares in the company, valued at $4,035,556.80. The trade was a 1.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 4.70% of the company’s stock.

About Seanergy Maritime

Seanergy Maritime Holdings Corp. is a Greece-based international shipping company that owns and operates dry bulk vessels, with a primary focus on Capesize ships. These large vessels transport major dry bulk commodities, including iron ore, coal and grain, for industrial and commercial customers around the world.

The company generates revenue by chartering its vessels to global commodity producers, traders and other shipping customers. Depending on market conditions and customer requirements, its ships may operate under spot-market, voyage charter or time-charter arrangements.