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Castor Maritime Inc (CTRM)
NASDAQ:CTRM
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Castor Maritime (CTRM) Price & Analysis

2,374 Followers

CTRM Stock Chart & Stats

$1.92
-$0.07(-2.51%)
At close: 4:00 PM EST
$1.92
-$0.07(-2.51%)

Bulls Say, Bears Say

Bulls Say
Fleet ExpansionAdding newer, fuel-efficient Kamsarmax vessels increases carrying capacity and can improve operating competitiveness. The enlarged fleet should support higher earning potential and strengthen Castor’s position in the dry bulk market over the medium term.
Conservative LeverageVery low leverage limits interest and refinancing pressure, giving Castor flexibility to fund vessel purchases, manage freight-cycle weakness, or pursue asset-level opportunities. This balance-sheet resilience is a durable advantage in capital-intensive shipping.
Asset MonetizationThe joint venture converts part of a vessel’s value into cash without fully exiting the asset, preserving participation in future operations. This structure can improve capital efficiency and liquidity while reducing the funding burden of sole ownership.
Bears Say
Inconsistent Cash ConversionUneven free cash flow and weak conversion of accounting earnings into operating cash reduce earnings quality and financial predictability. This may constrain internally funded fleet investment and increase reliance on vessel sales or external financing.
Earnings Quality RiskReported net income has not consistently reflected core shipping profitability, with EBIT weakness and substantial non-operating gains. If portfolio valuations or other exceptional items reverse, underlying earnings may provide less support than headline results suggest.
Dry Bulk CyclicalityExposure to spot and voyage markets makes revenue and margins sensitive to freight rates, utilization, fuel costs, and global commodity demand. This cyclicality can produce sharp swings in profitability even with a modern fleet and low leverage.

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 $23.67M.
      When is Castor Maritime Inc’s upcoming earnings report date?
      Castor Maritime Inc’s upcoming earnings report date is Nov 11, 2026 which is in 77 days.
        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. Get more investment ideas with TipRanks Premium
          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. operates as a global shipping company, offering maritime transportation services across three primary divisions: Dry Bulk, Aframax/LR2 Tanker, and Handysize Tanker. The firm is dedicated to the seaborne carriage of various goods, including dry bulk commodities such as iron ore, coal, and soybeans, as well as both crude oil and refined petroleum products. As of December 31, 2021, Castor Maritime maintained a fleet of 29 vessels, which prominently featured two Handysize tanker vessels, seven Aframax/LR2 tanker vessels, and fourteen dry bulk carriers. The company was founded in 2017 and has its base in Limassol, Cyprus.

              Castor Maritime (CTRM) Earnings & Revenues

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