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Icon Energy Corp. (ICON)
NASDAQ:ICON
Holding ICON?
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ICON Stock Chart & Stats
Day’s Range― - ―
52-Week Range$0.41 - $3.85
Previous CloseN/A
Volume9.66K
Average Volume (3M)778.32K
Market Cap
N/A
Enterprise ValueN/A
Total Cash (Recent Filing)$3.55M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta0.05
Next EarningsN/A
EPS EstimateN/A
Last Dividend Ex-Date
Dec 16, 2024Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,450,000
10 Day Avg. Volume2,293,422
30 Day Avg. Volume778,318
Standard Deviation0.24
R-Squared0.42
Alpha-0.10
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.38
Price to Cash Flow (P/CF)0.20
P/FCF Ratio0.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$1.25Price Target Upside212.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Icon Energy Corp. News
PremiumCompany Announcements
Icon Energy Corp. Completes $12 Million Public Offering
PremiumCompany Announcements
Icon Energy Reports Revenue Growth and Dividend Announcement
PremiumCompany Announcements
Icon Energy Expands Fleet and Secures Financing
Bulls Say, Bears Say
Bulls Say
Dividend YieldIcon increased its quarterly dividend by 6.3%, representing an annualized yield of 15.2%.
Market DemandRising iron ore production and demand from China are expected to support shipping rates, benefiting Icon.
Strategic InvestmentsThere is an expectation of continued ship purchases by ICON, potentially at more favorable prices.
Bears Say
Financial PerformanceIcon's 3Q24 revenue of $0.9M was below the $1.5M estimate due to lower TCE rates.
Market DemandLower demand from China for dry bulk imports such as coal and iron has pressured shipping rates.
Shipping RatesLower shipping rates have led to reduced estimates and a lowered price target for ICON.
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Ownership Overview
―
Insiders
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Mutual Funds
7.52% Other Institutional Investors
92.48% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ICON FAQ
What was Icon Energy Corp.’s price range in the past 12 months?
Icon Energy Corp. lowest stock price was $0.41 and its highest was $3.85 in the past 12 months.
What is Icon Energy Corp.’s market cap?
Currently, no data Available
When is Icon Energy Corp.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Icon Energy Corp.’s earnings last quarter?
Icon Energy Corp. released its earnings results on Sep 10, 2024. The company reported $4.56 earnings per share for the quarter, beating the consensus estimate of $2.31 by $2.25.
Is Icon Energy Corp. overvalued?
According to Wall Street analysts Icon Energy Corp.’s price is currently Undervalued.
Does Icon Energy Corp. pay dividends?
Icon Energy Corp. pays a Notavailable dividend of $0.164 which represents an annual dividend yield of N/A. See more information on Icon Energy Corp. dividends here
What is Icon Energy Corp.’s EPS estimate?
Icon Energy Corp.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Icon Energy Corp. have?
Icon Energy Corp. has 1,450,000 shares outstanding.
What happened to Icon Energy Corp.’s price movement after its last earnings report?
Icon Energy Corp. reported an EPS of $4.56 in its last earnings report, beating expectations of $2.31. Following the earnings report the stock price went down -2.941%.
Which hedge fund is a major shareholder of Icon Energy Corp.?
Currently, no hedge funds are holding shares in ICON
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Company Description
Icon Energy Corp.
Icon Energy is an international shipping company that was recently incorporated in the Republic of the Marshall Islands for the purpose of acquiring, owning, chartering and operating dry bulk vessels. We provide worldwide seaborne transportation services for dry bulk cargo, including major bulks such as iron ore, coal, grains and bauxite, and minor bulks such as steel, sugar, fertilizers, cement and scrap metal. Upon completion of this offering, we will own one Panamax dry bulk vessel with a carrying capacity of approximately 77,326 dwt, which was built in Japan in 2006.
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ICON Stock 12 Month Forecast
Average Price Target
$1.25
▲(212.50% Upside)
Technical Analysis
Best Analysts Covering ICON
1 Year
1 Year Success Rate
0/4 ratings generated profit
1 Year Average Return
-80.77%
reiterated a buy rating 2 days ago
Copying Tate Sullivan's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -80.77% per trade.
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