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Top Ships Inc. (TOPS)
XASE:TOPS
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Top Ships (TOPS) Price & Analysis

1,316 Followers

TOPS Stock Chart & Stats

$5.48
-$0.21(-2.98%)
At close: 4:00 PM EST
$5.48
-$0.21(-2.98%)

Bulls Say, Bears Say

Bulls Say
Cash GenerationRecent improvement in operating cash flow and consecutive positive free cash flow provide a durable source of internal funding for vessel upkeep, debt service and selective reinvestment. This strengthens operational resilience versus reliance on external capital, though historical volatility warrants cautious monitoring.
Contracted Revenue ResilienceThe vessel staying on hire through a regional navigation disruption highlights the durability of time-charter cash flows and contract enforcement. Such contracted revenue reduces short-term spot exposure and supports predictable cash receipts, enhancing revenue stability during geopolitical stress.
Financing OptionalityA multi-year equity facility gives management optional access to capital without immediate issuance, improving flexibility to fund fleet expansion, working capital or debt reduction. This optionality can materially ease refinancing risk and enable strategic deployment when market windows are favorable.
Bears Say
High LeverageA debt load roughly 2.3x equity reduces balance-sheet cushion and raises interest and refinancing sensitivity. High leverage constrains strategic flexibility, increases default risk in weaker freight cycles, and limits capacity to absorb asset value swings or fund capex without external financing.
Earnings And Revenue VolatilityPronounced swings in net income and recent revenue deceleration reflect exposure to freight-rate cycles and fleet utilization variability. Persistent earnings volatility complicates forecasting of cash available for debt service, dividends or reinvestment and increases execution risk for multi-year strategies.
Related‑party & Liquidity RiskExtensions on a sizable related-party payment and pursuit of a CEO-linked real estate option signal near-term liquidity pressure and potential governance/related-party exposure. Non-core investments and affiliated deals can divert capital and increase shareholder risk if liquidity tightens over the medium term.

Top Ships News

TOPS FAQ

What was Top Ships Inc.’s price range in the past 12 months?
Top Ships Inc. lowest stock price was $0.74 and its highest was $7.40 in the past 12 months.
    What is Top Ships Inc.’s market cap?
    Top Ships Inc.’s market cap is $5.79M.
      When is Top Ships Inc.’s upcoming earnings report date?
      The company’s upcoming earnings report date is not yet available.
      How were Top Ships Inc.’s earnings last quarter?
      Currently, no data Available
      Is Top Ships Inc. overvalued?
      According to Wall Street analysts Top Ships Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
        Does Top Ships Inc. pay dividends?
        Top Ships Inc. does not currently pay dividends.
        What is Top Ships Inc.’s EPS estimate?
        Top Ships Inc.’s EPS estimate for its next earnings report is not yet available.
        How many shares outstanding does Top Ships Inc. have?
        Top Ships Inc. has 7,467,223 shares outstanding.
          What happened to Top Ships Inc.’s price movement after its last earnings report?
          Currently, no data Available
          Which hedge fund is a major shareholder of Top Ships Inc.?
          Currently, no hedge funds are holding shares in TOPS
          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

            Top Ships Inc.

            Top Ships Inc., a maritime company established in 2000 and headquartered in Maroussi, Greece, specializes in the worldwide ownership and operation of tanker vessels. Its medium-range ships primarily facilitate the global transport of essential liquid commodities, including crude oil, various refined petroleum products, and bulk liquid chemicals. The organization underwent a name change in December 2007, transitioning from its former identity as Top Tankers Inc. By the close of business on December 31, 2020, Top Ships Inc. commanded a diverse fleet with an aggregated carrying capacity of 1,435,000 deadweight tonnes (dwt). This fleet comprised one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two sizable 300,000 dwt Very Large Crude Carriers (VLCCs), and two 50,000 dwt product tankers.

            Top Ships (TOPS) Earnings & Revenues

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            Ownership Overview

            <0.01%0.01%99.91%
            Insiders
            0.01% Other Institutional Investors
            99.91% Public Companies and
            Individual Investors

            Options Prices

            Currently, No data available
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