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Seanergy Maritime Holdings Corp (SHIP)
:SHIP
US Market
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Seanergy Maritime (SHIP) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Mar 05, 2026
After Close (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
0.55
Last Year’s EPS
0.34
Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Nov 13, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance in the third quarter, strategic fleet renewal, and a robust Capesize market outlook. Although the first half was softer and there were challenges in acquiring secondhand vessels, these were outweighed by positive developments in revenue, fleet strategy, and dividend policies.
Company Guidance
In the conference call for the third quarter of fiscal year 2025, Seanergy Maritime Holdings Corp. provided guidance reflecting strong financial performance and strategic initiatives. The company reported net revenue of approximately $47 million, an adjusted EBITDA of $27.5 million, and net income of $12.8 million for the quarter. Over the first nine months of 2025, net revenue totaled $108.7 million, with an adjusted EBITDA of $52.8 million and net income of $8.8 million. Seanergy declared a cash dividend of $0.13 per share for the quarter, summing up to $0.23 per share for the year. The company emphasized its focus on larger Capesize and Newcastlemax vessels, maintaining a fleet of 20 such vessels, with a fleet loan-to-value ratio around 45%. They continued their fleet renewal strategy by placing a newbuilding order for a Capesize vessel at $75 million, scheduled for delivery in 2027, and selling an older vessel for $21.6 million to optimize fleet composition. Seanergy's capital structure was strengthened by the expiration of Class E warrants, aligning with shareholder interests. They are also pursuing attractive financing opportunities and maintaining a robust liquidity position, with a cash reserve of $37 million at the end of the quarter. With a debt of $292 million and a strategic focus on capital returns, fleet renewal, and financial health, Seanergy is poised to capitalize on favorable market conditions and deliver shareholder value.
Strong Third Quarter Financial Performance
Net revenue reached approximately $47 million, adjusted EBITDA was $27.5 million, and net income totaled $12.8 million, demonstrating strong earnings capacity and operational leverage.
Fleet Renewal Strategy and Newbuilding Order
Placed a newbuilding order for a 181,000 deadweight Capesize at Hengli shipyard for $75 million, with delivery scheduled for 2027, marking a strategic investment in fleet efficiency and modernization.
Dividend Policy and Shareholder Returns
Declared a cash dividend of $0.13 per share for the quarter, bringing total 2025 distributions to $0.23 per share, reaffirming commitment to regular shareholder returns.
Improved Balance Sheet and Capital Structure
Cash position strengthened to approximately $37 million, with a fleet loan-to-value ratio around 45%, and total debt standing at approximately $292 million.
Capesize Market Strength
Average Capesize rates were about $24,600 per day, driven by a 2% increase in ton-mile demand and only 1.3% growth in available tonnage.

Seanergy Maritime (SHIP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

SHIP Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Mar 05, 2026
2025 (Q4)
0.55 / -
0.34
Nov 13, 2025
2025 (Q3)
0.50 / 0.67
0.69-2.90% (-0.02)
Aug 05, 2025
2025 (Q2)
0.13 / 0.18
0.77-76.62% (-0.59)
May 27, 2025
2025 (Q1)
-0.45 / -0.27
0.57-147.37% (-0.84)
Mar 06, 2025
2024 (Q4)
0.26 / 0.34
0.58-41.38% (-0.24)
Nov 05, 2024
2024 (Q3)
0.63 / 0.69
-0.14592.86% (+0.83)
Aug 06, 2024
2024 (Q2)
0.62 / 0.77
0.18327.78% (+0.59)
May 15, 2024
2024 (Q1)
0.29 / 0.57
-0.022950.00% (+0.59)
Mar 15, 2024
2023 (Q4)
0.35 / 0.58
0.051060.00% (+0.53)
Nov 14, 2023
2023 (Q3)
-0.24 / -0.14
0.4-135.00% (-0.54)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

SHIP Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 13, 2025
$8.80$9.23+4.89%
Aug 05, 2025
$6.91$7.23+4.63%
May 27, 2025
$5.94$6.22+4.71%
Mar 06, 2025
$6.71$6.87+2.38%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Seanergy Maritime Holdings Corp (SHIP) report earnings?
Seanergy Maritime Holdings Corp (SHIP) is schdueled to report earning on Mar 05, 2026, After Close (Confirmed).
    What is Seanergy Maritime Holdings Corp (SHIP) earnings time?
    Seanergy Maritime Holdings Corp (SHIP) earnings time is at Mar 05, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is SHIP EPS forecast?
          SHIP EPS forecast for the fiscal quarter 2025 (Q4) is 0.55.
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