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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
Contracted Tanker BacklogMulti-year charters should improve utilization and cash-flow visibility as new vessels enter service. The contracted backlog also supports fleet expansion while reducing reliance on fully spot-market exposure.
Recent Operating Cash GenerationImproved operating cash flow and recent positive free cash flow indicate that the tanker fleet is generating internally funded liquidity. This provides more support for maintenance, debt service and selective fleet investment.
Refocus On Core Tanker OperationsAvoiding a non-core real estate commitment and redirecting the refunded capital toward tankers should sharpen strategic focus. Concentrating resources on the established shipping platform may improve capital-allocation discipline over time.
Bears Say
High Leverage And Limited Equity CushionDebt materially exceeds shareholders’ equity, leaving a relatively thin cushion against vessel-value declines or weaker charter markets. High leverage can also constrain refinancing flexibility and absorb a significant share of future cash generation.
Volatile And Weakening EarningsThe recent decline in revenue and net income shows that profitability remains exposed to tanker-rate and utilization cycles. Thinner earnings reduce retained capital available for deleveraging, fleet renewal and resilience during weaker markets.
Related-party Execution And Funding RiskRelated-party acquisitions and structured financing add governance and execution complexity to fleet expansion. Newbuild commitments also require sustained access to capital, while guarantees and closing conditions may increase financial and operational risk.

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 $0.62 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 $6.57M.
      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%99.98%
            Insiders
            0.01% Other Institutional Investors
            99.98% Public Companies and
            Individual Investors
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