Castor Maritime Inc (CTRM)
NASDAQ:CTRM
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CTRM Stock Chart & Stats
$1.92
-$0.07(-2.51%)
At close: 4:00 PM EST
$1.92
-$0.07(-2.51%)
Day’s Range― - ―
52-Week Range$1.66 - $2.65
Previous CloseN/A
Volume24.97K
Average Volume (3M)37.63K
Market Cap
$19.52M
Enterprise Value-$54.21M
Total Cash (Recent Filing)$180.09M
Total Debt (Recent Filing)$78.05M
Price to Earnings (P/E)0.4
Beta0.63
Next Earnings
Jun 09, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.13
Shares Outstanding9,662,354
10 Day Avg. Volume30,491
30 Day Avg. Volume37,633
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.03
Price to Sales (P/S)0.24
P/FCF Ratio2.18
Enterprise Value/Market Cap-2.78
Enterprise Value/Revenue-0.66
Enterprise Value/Gross Profit-2.50
Enterprise Value/Ebitda-0.87
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Very Low Leverage / Strong Balance SheetExtremely low debt-to-equity and a materially improved debt position give Castor durable financial flexibility. This reduces refinancing and liquidity risk in the cyclical dry-bulk market, enabling opportunistic investments, M&A or weathering downturns without distress financing.
Strategic Shift To Asset-light / Service-enhanced ModelThe MPC Capital deal, sale-and-leasebacks and a sustainability-linked facility signal a structural move toward asset-light operations and higher recurring service revenues. This can stabilize earnings across cycles and improve ROIC by reducing capital tied up in vessels.
Rebound In TCE Rates And Revenue RecoveryNear-full fleet utilization and improved time-charter equivalent (TCE) rates alongside TTM revenue recovery demonstrate demand resilience. Sustained higher utilizations and charter rates would lift structural cash generation and support more predictable operating income over coming quarters.
Bears Say
Weak Operating Profitability (TTM EBIT Negative)TTM EBIT below zero indicates core shipping operations are not consistently generating operating profits, raising durability concerns. Sustained negative operating earnings mean reliance on non-operating gains or balance-sheet moves to report net profit, risking earnings quality over time.
Poor Cash Conversion And Volatile Free Cash FlowWeak operating cash flow and poor conversion of net income into free cash flow create persistent funding risk for maintenance, dry-docking and dividends. Historical FCF volatility (large negative in 2021 and 2024) suggests inconsistency in cash generation and capital spending discipline.
Shrinking Fleet / Reduced Available Days Limit UpsideFleet disposals and materially lower available/ownership days reduce revenue capacity and scale benefits. Even with higher rates, a smaller footprint caps top-line growth and operating leverage, constraining durable margin expansion and long-term cash-flow potential.
Castor Maritime News
CTRM FAQ
What was Castor Maritime Inc’s price range in the past 12 months?
Castor Maritime Inc lowest stock price was $1.66 and its highest was $2.65 in the past 12 months.
What is Castor Maritime Inc’s market cap?
Castor Maritime Inc’s market cap is $19.52M.
When is Castor Maritime Inc’s upcoming earnings report date?
Castor Maritime Inc’s upcoming earnings report date is Jun 09, 2026 which is in 35 days.
How were Castor Maritime Inc’s earnings last quarter?
Castor Maritime Inc released its earnings results on Feb 11, 2026. The company reported $0.203 earnings per share for the quarter, beating the consensus estimate of N/A by $0.203.
Is Castor Maritime Inc overvalued?
According to Wall Street analysts Castor Maritime Inc’s price is currently Overvalued.
Does Castor Maritime Inc pay dividends?
Castor Maritime Inc does not currently pay dividends.
What is Castor Maritime Inc’s EPS estimate?
Castor Maritime Inc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Castor Maritime Inc have?
Castor Maritime Inc has 9,662,354 shares outstanding.
What happened to Castor Maritime Inc’s price movement after its last earnings report?
Castor Maritime Inc reported an EPS of $0.203 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Castor Maritime Inc?
Currently, no hedge funds are holding shares in CTRM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Castor Maritime Inc
Castor Maritime Inc. provides shipping services worldwide. The company operates through three segments: Dry Bulk, Aframax/LR2 Tanker, and Handysize Tanker. It offers seaborne transportation services for dry bulk cargo; commodities, such as iron ore, coal, soybeans, etc.; and crude oil and refined petroleum products. As of December 31, 2021, the company owned and operated a fleet of 29 vessels primarily consisting of two Handysize tanker vessels, seven Aframax/LR2 tanker vessels, and 14 dry bulk vessels. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.
Technical Analysis
Ownership Overview
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Insiders
0.04% Mutual Funds
<0.01% Other Institutional Investors
99.96% Public Companies and
Individual Investors