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U.S. Marine and Shipping Industry Analysis

UpdatedApr 28, 2026
DataAggregated Company Financials
Companies37
  • 7D1.9%
  • 3M13.6%
  • 1Y59.9%
  • YTD28.3%

The Marine and Shipping industry is up 1.9% in the last week, with Kirby up 6.7%. This takes the industry's 12 month performance to a gain of 60%. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

Has the U.S. Marine and Shipping Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 28 Apr 2026US$32.1bUS$22.2bUS$3.2b9.3x10.1x1.4x
Thu, 26 Mar 2026US$30.8bUS$22.2bUS$3.2b8.6x9.6x1.4x
Sat, 21 Feb 2026US$31.2bUS$23.1bUS$3.6b7x8.7x1.3x
Mon, 19 Jan 2026US$27.5bUS$24.2bUS$3.4b6.2x8.1x1.1x
Wed, 17 Dec 2025US$25.2bUS$24.2bUS$3.4b6x7.4x1x
Fri, 14 Nov 2025US$24.2bUS$25.3bUS$4.5b6.8x5.4x1x
Sun, 12 Oct 2025US$19.8bUS$25.3bUS$4.5b7.4x4.4x0.8x
Tue, 09 Sep 2025US$22.3bUS$25.3bUS$4.6b8.4x4.9x0.9x
Thu, 07 Aug 2025US$24.9bUS$26.9bUS$5.2b8.3x4.7x0.9x
Sat, 05 Jul 2025US$24.8bUS$26.8bUS$5.2b5.4x4.7x0.9x
Mon, 02 Jun 2025US$24.0bUS$26.8bUS$5.2b5.5x4.6x0.9x
Wed, 30 Apr 2025US$21.5bUS$25.3bUS$5.4b4x4x0.8x
Fri, 28 Mar 2025US$23.8bUS$25.4bUS$5.5b4.3x4.3x0.9x
Sun, 23 Feb 2025US$25.1bUS$24.2bUS$4.8b4.4x5.3x1x
Tue, 21 Jan 2025US$24.9bUS$24.2bUS$5.0b3.9x5x1x
Thu, 19 Dec 2024US$25.2bUS$24.2bUS$5.0b4.2x5.1x1x
Sat, 16 Nov 2024US$30.3bUS$22.6bUS$1.5b4.7x19.6x1.3x
Mon, 14 Oct 2024US$29.2bUS$22.0bUS$1.4b5.4x21.3x1.3x
Wed, 11 Sep 2024US$26.7bUS$22.2bUS$1.4b6.3x19.5x1.2x
Fri, 09 Aug 2024US$27.3bUS$21.8bUS$752.9m6x36.3x1.3x
Sun, 07 Jul 2024US$30.1bUS$21.4bUS$604.3m9.3x49.9x1.4x
Tue, 04 Jun 2024US$31.2bUS$21.4bUS$604.2m10x51.6x1.5x
Thu, 02 May 2024US$26.4bUS$20.9bUS$365.4m7.4x72.4x1.3x
Sat, 30 Mar 2024US$24.8bUS$21.1bUS$318.8m8.3x77.8x1.2x
Mon, 26 Feb 2024US$24.2bUS$22.1bUS$896.9m5.5x27x1.1x
Wed, 24 Jan 2024US$23.2bUS$22.3bUS$1.0b5.3x22.4x1x
Fri, 22 Dec 2023US$21.0bUS$22.3bUS$1.0b5.1x20.3x0.9x
Sun, 19 Nov 2023US$18.9bUS$22.4bUS$1.2b5.3x16.4x0.8x
Tue, 17 Oct 2023US$19.8bUS$24.9bUS$5.2b3.3x3.8x0.8x
Thu, 14 Sep 2023US$19.6bUS$24.9bUS$5.2b3.1x3.8x0.8x
Sat, 12 Aug 2023US$20.8bUS$27.0bUS$6.8b2.9x3x0.8x
Mon, 10 Jul 2023US$19.9bUS$27.9bUS$7.5b2.5x2.7x0.7x
Wed, 07 Jun 2023US$19.6bUS$27.9bUS$7.5b2.6x2.6x0.7x
Fri, 05 May 2023US$18.9bUS$31.1bUS$10.1b2.2x1.9x0.6x
Price to Earnings Ratio

1.9x


Total Market Cap: US$18.9bTotal Earnings: US$10.1bTotal Revenue: US$31.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Marine and Shipping Industry Price to Earnings3Y Average 16.4x202420252026
Current Industry PE
  • Investors are pessimistic on the American Shipping industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 10.1x which is lower than its 3-year average PE of 16.4x.
  • The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Shipping industry have declined 32% per year over the last three years,
  • Revenues have also declined 11% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the U.S. Industrials industry?

US Market0.72%
Industrials-0.75%
Marine and Shipping1.89%
Marine1.89%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
KEX KirbyUS$152.386.7%
+US$510.5m		59.1%PE23x
HTCO High-Trend International GroupUS$38.22282.6%
+US$190.1m		20.4%PS1.2x
TORO ToroUS$7.5188.7%
+US$90.4m		289.1%PE193.7x
DAC DanaosUS$120.382.3%
+US$49.0m		50.6%PE4.4x
GSL Global Ship LeaseUS$39.151.6%
+US$21.9m		83.8%PE3.5x

Latest News

GSL
US$39.15
Global Ship Lease
7D
1.6%
1Y
83.8%
CMRE
US$16.76
Costamare
7D
-2.3%
1Y
83.4%
CCEC
US$21.30
Capital Clean Energy Carriers
7D
0.9%
1Y
18.6%

Capital Clean Energy Carriers: Stable LNG Cash Flows With A Rerating Catalyst

Apr 27
TORO
US$7.51
Toro
7D
88.7%
1Y
289.1%
DSX
US$2.50
Diana Shipping
7D
-3.5%
1Y
71.2%

DSX: Genco Board Push Will Drive Upside Despite Trimmed P E Outlook

Analysts have trimmed their price target on Diana Shipping, citing a less favorable risk or reward trade off in dry bulk shipping following recent stock gains in peers and a modest reset in valuation assumptions, including the updated P/E outlook. Analyst Commentary Bullish Takeaways Bullish analysts see Diana Shipping's involvement in the Genco situation as a sign of active corporate engagement, which can sometimes highlight a focus on unlocking value in dry bulk assets.
SB
US$6.60
Safe Bulkers
7D
-1.5%
1Y
95.3%

SB: Minimal Buyback Activity Will Likely Keep Shares Overvalued

Analysts have kept their $5.70 price target for Safe Bulkers steady, citing largely unchanged assumptions around discount rate, revenue growth, profit margins and future P/E. Taken together, these factors suggest their core outlook on the stock is broadly intact.
GNK
US$23.75
Genco Shipping & Trading
7D
-1.8%
1Y
86.4%
PANL
US$7.56
Pangaea Logistics Solutions
7D
-3.0%
1Y
86.0%

PANL: Future Upside Will Depend On Sustaining Margins And Higher P E

Analysts have lifted their price target on Pangaea Logistics Solutions by $2.50 to $10.25, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E multiples that are reflected in recent Street research. Analyst Commentary While the revised target price reflects updated modeling around discount rates, revenue assumptions, margins, and future P/E multiples, not all commentary has been enthusiastic.
DAC
US$120.38
Danaos
7D
2.3%
1Y
50.6%

DAC: Cash Flow Visibility And Buybacks Will Support Balanced Future Returns

Analysts have kept Danaos' fair value estimate steady at $109, while a new $120 price target and Hold rating highlight their view that the stock offers cash flow visibility in the containership sector, but without a clear near-term rerating catalyst. Analyst Commentary Bullish Takeaways Bullish analysts highlight the $120 price target as consistent with a view that Danaos offers solid cash flow visibility in the containership sector, which helps support their fair value framework.
KEX
US$152.38
Kirby
7D
6.7%
1Y
59.1%

KEX: Capital Returns And M&A Capacity Will Shape Balanced Execution Outlook

Kirby's updated analyst price target has shifted from $144.33 to $154.00, reflecting analysts' refreshed views after a series of recent target increases from major research houses. Analyst Commentary Recent research updates show a cluster of higher price targets for Kirby, with several firms lifting their views in quick succession.
SBLK
US$24.58
Star Bulk Carriers
7D
-1.0%
1Y
67.9%

Star Bulk Carriers: Updated Dividend Policy And Macro Tailwinds Triggered A Buy (Upgrade)

Apr 22
ZIM
US$26.09
ZIM Integrated Shipping Services
7D
-1.8%
1Y
80.3%

ZIM Integrated Shipping Services (ZIM): The High-Yield Contender and the Hapag-Lloyd Catalyst

ZIM Integrated Shipping Services (ZIM) , the Israel-based titan of container logistics, enters Monday, April 20, 2026 , as a company in the eye of a "M&A storm." Trading at $26.84 USD —down 0.67% in recent action—the stock is currently being held in a tight corridor by a high-stakes bidding war. The central narrative right now is "The Hapag-Lloyd Acquisition Pivot" : Following a February 16, 2026, announcement , Hapag-Lloyd has proposed an acquisition of ZIM for $35.00 per share in cash , a deal valued at approximately $4.2 billion.
ESEA
US$69.42
Euroseas
7D
3.1%
1Y
121.7%

ESEA: Longer Voyage Times And Charters Will Support Future Cash Flows

Analysts lifted their price target on Euroseas from $74.67 to $85.00, citing updated assumptions that include a revised $90 Street target and expectations that longer containership voyage times could tighten near term vessel availability. Analyst Commentary Street research on Euroseas has focused on how changing trade routes and longer voyage times could affect earnings power and, in turn, valuation.
CMDB
US$16.65
Costamare Bulkers Holdings
7D
-2.4%
1Y
n/a
LSH
US$0.58
Lakeside Holding
7D
-32.4%
1Y
-42.5%
HTCO
US$38.22
High-Trend International Group
7D
282.6%
1Y
20.4%