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
$18.26M
Enterprise Value-$54.60M
Total Cash (Recent Filing)$180.09M
Total Debt (Recent Filing)$78.05M
Price to Earnings (P/E)1.0
Beta0.55
Next Earnings
May 28, 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-2.99
Enterprise Value/Revenue-0.67
Enterprise Value/Gross Profit-2.51
Enterprise Value/Ebitda-0.88
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 Strong Balance SheetExceptionally low leverage and a materially reduced debt load provide durable financial flexibility in a cyclical shipping industry. A large cash buffer and lower fixed financial obligations support the company’s ability to withstand rate volatility, pursue opportunistic transactions, and fund strategic shifts without near-term liquidity stress.
Shift Toward Asset-light, Service-enhanced ModelMoving to an asset-light, service-focused model and using sale-and-leaseback plus acquisitions diversifies revenue away from pure voyage exposure. This structural change can reduce capital intensity, smooth earnings across cycles, and enable higher-margin service revenues that are more predictable than pure spot shipping.
Recovering Revenue And High UtilizationAn improving top-line with near-full vessel utilization and rising time-charter equivalent (TCE) rates points to better fleet employment and market positioning. Sustained high utilization supports durable revenue generation and helps spread fixed vessel costs, improving the company's structural ability to generate operating cash when markets remain favorable.
Bears Say
Weak Operating ProfitabilityOperating profits have turned slightly negative despite positive reported net income, indicating reliance on non-operating items or one-offs. Persistent weak EBIT undermines sustainable margin generation and makes long-term shareholder returns dependent on cyclical rate recovery rather than steady operational improvement.
Poor Cash-flow ConversionModest and volatile operating cash flow with weak conversion of earnings into free cash flow signals inconsistent cash generation. This reduces capacity to self-fund capex, pay down debt sustainably, return capital to shareholders, or invest in growth without resorting to external financing in downturns.
Material Fleet Shrinkage Limits ScaleSignificant reductions in owned operating days cut revenue-earning capacity and economies of scale. Unless replaced by long-term service contracts or reinvestment, a smaller fleet constrains top-line growth and makes earnings more sensitive to single-ship downtime or contract gaps over the medium term.
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 $18.26M.
When is Castor Maritime Inc’s upcoming earnings report date?
Castor Maritime Inc’s upcoming earnings report date is May 28, 2026 which is today.
How were Castor Maritime Inc’s earnings last quarter?
Currently, no data Available
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?
Currently, no data Available
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
2.68% Other Institutional Investors
97.28% Public Companies and
Individual Investors