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
$20.77M
Enterprise Value$6.62M
Total Cash (Recent Filing)$211.70M
Total Debt (Recent Filing)$178.24M
Price to Earnings (P/E)0.2
Beta0.52
Next Earnings
Aug 11, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)7.96
Shares Outstanding9,662,354
10 Day Avg. Volume30,491
30 Day Avg. Volume37,633
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)0.03
Price to Sales (P/S)0.24
P/FCF Ratio2.18
Enterprise Value/Market Cap0.32
Enterprise Value/Revenue0.08
Enterprise Value/Gross Profit0.28
Enterprise Value/Ebitda0.05
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
Conservative Balance Sheet / Low LeverageVery low debt-to-equity (~0.13 TTM) and a large equity base give Castor sustained financial flexibility in a cyclical industry. This reduces default and refinancing risk, supports liquidity for dry-docks or opportunistic transactions, and enables strategic shifts without levering up.
Strong Revenue Rebound And Healthy MarginsA large TTM revenue recovery and mid‑20s margins reflect improved charter pricing and cost control, demonstrating the company's ability to capture upside in firmer markets. If sustained, better top-line and margin mix can support durable free cash flow and investment in higher‑return initiatives.
Shift Toward Asset-light Model And Service DiversificationThe move to asset-light tactics (sale-and-leaseback) and growth of service revenue from the MPC Capital acquisition diversifies income away from pure voyage/time charters. This lowers capital intensity, smooths earnings across cycles, and strengthens liquidity and strategic optionality over the medium term.
Bears Say
Earnings-quality Risk From Non-operating GainsA sizable portion of recent net income stems from unrealized fair value gains, not core shipping operations. Coupled with negative operating profit in the recent period, this weakens the predictive value of earnings for future cash generation and raises the risk of profit volatility if non-operating gains reverse.
Inconsistent Cash-flow Conversion And Past Negative FCFIntermittent conversion of earnings into free cash flow indicates cash generation is not yet stable. Given shipping's capital needs (dry-docks, capex, lease obligations), inconsistent FCF undermines the company's ability to self-fund growth, meet obligations, or sustain returns through downcycles.
Shrinking Fleet Capacity And Vessel DisposalsMaterial reductions in available and operating days from vessel disposals shrink revenue-earning capacity. While disposals improve short-term cash and lower opex, a smaller fleet raises sensitivity to charter-rate swings and limits organic revenue growth unless offset by sustained higher rates or greater service income.
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 $20.77M.
When is Castor Maritime Inc’s upcoming earnings report date?
Castor Maritime Inc’s upcoming earnings report date is Aug 11, 2026 which is in 51 days.
How were Castor Maritime Inc’s earnings last quarter?
Castor Maritime Inc released its earnings results on Jun 02, 2026. The company reported $0.795 earnings per share for the quarter, beating the consensus estimate of N/A by $0.795.
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 $0.795 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 21.134%.
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.
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