Seanergy Maritime Holdings Future Growth

Future criteria checks 1/6

Seanergy Maritime Holdings's earnings are forecast to decline at 14.3% per annum while its annual revenue is expected to grow at 8.5% per year. EPS is expected to decline by 14.6% per annum.

Key information

-14.3%

Earnings growth rate

-14.6%

EPS growth rate

Shipping earnings growth	17.1%
Revenue growth rate	8.5%
Future return on equity	n/a
Analyst coverage	Low
Last updated	16 May 2024

Recent future growth updates

Recent updates

Seanergy Maritime: Strong Market Conditions, But Downgrading To 'Hold' After Recent Rally

May 19

Seanergy Maritime Holdings' (NASDAQ:SHIP) Problems Go Beyond Poor Profit

Mar 23

Revenues Tell The Story For Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) As Its Stock Soars 26%

Mar 14

Seanergy Maritime Holdings Corp.'s (NASDAQ:SHIP) Share Price Is Matching Sentiment Around Its Earnings

Feb 16

Seanergy Maritime refinances two vessels at improved pricing terms

Oct 13

Does Seanergy Maritime Holdings (NASDAQ:SHIP) Have A Healthy Balance Sheet?

Oct 06

Seanergy Maritime - Shares Crater Alongside Capesize Charter Rates

Aug 24

Seanergy Maritime gets Nasdaq notice regarding minimum bid price rule

Aug 01

Seanergy Maritime: Proposed Spin-Off Likely To Result In Substantial Windfall Profits For Shareholders

Jun 20

Earnings and Revenue Growth Forecasts

NasdaqCM:SHIP - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	154	26	57	N/A	4
12/31/2024	160	27	-13	N/A	4
3/31/2024	131	16	N/A	N/A	N/A
12/31/2023	110	2	31	31	N/A
9/30/2023	99	-8	-13	19	N/A
6/30/2023	109	4	-13	20	N/A
3/31/2023	113	9	N/A	N/A	N/A
12/31/2022	125	17	-33	37	N/A
9/30/2022	153	37	N/A	N/A	N/A
6/30/2022	167	50	-33	85	N/A
3/31/2022	162	46	N/A	N/A	N/A
12/31/2021	153	41	-117	81	N/A
9/30/2021	118	18	N/A	N/A	N/A
6/30/2021	89	2	-116	21	N/A
3/31/2021	70	-11	N/A	N/A	N/A
12/31/2020	63	-18	-30	-10	N/A
9/30/2020	70	-13	N/A	N/A	N/A
6/30/2020	74	-16	-10	0	N/A
3/31/2020	84	-11	N/A	N/A	N/A
12/31/2019	86	-12	1	13	N/A
9/30/2019	86	-18	N/A	N/A	N/A
6/30/2019	88	-24	-29	5	N/A
3/31/2019	86	-26	N/A	N/A	N/A
12/31/2018	92	-21	-26	6	N/A
9/30/2018	89	-18	1	5	N/A
6/30/2018	81	-6	5	6	N/A
3/31/2018	83	0	N/A	N/A	N/A
12/31/2017	75	-3	N/A	3	N/A
9/30/2017	61	-10	N/A	-6	N/A
6/30/2017	51	-22	N/A	-11	N/A
3/31/2017	41	-24	N/A	N/A	N/A
12/31/2016	35	-25	N/A	-15	N/A
9/30/2016	31	-24	N/A	-14	N/A
6/30/2016	25	-19	N/A	-12	N/A
3/31/2016	18	-15	N/A	N/A	N/A
12/31/2015	11	-9	N/A	-5	N/A
9/30/2015	4	-4	N/A	N/A	N/A
6/30/2015	2	-4	N/A	N/A	N/A
3/31/2015	N/A	-4	N/A	N/A	N/A
12/31/2014	2	80	N/A	-15	N/A
9/30/2014	8	89	N/A	N/A	N/A
6/30/2014	13	107	N/A	N/A	N/A
3/31/2014	19	93	N/A	N/A	N/A
12/31/2013	23	11	N/A	1	N/A
9/30/2013	25	-114	N/A	N/A	N/A
6/30/2013	33	-173	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SHIP's earnings are forecast to decline over the next 3 years (-14.3% per year).

Earnings vs Market: SHIP's earnings are forecast to decline over the next 3 years (-14.3% per year).

High Growth Earnings: SHIP's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SHIP's revenue (8.5% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: SHIP's revenue (8.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if SHIP's Return on Equity is forecast to be high in 3 years time

Seanergy Maritime Holdings Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 10% to US$13.38

Price target increased by 8.6% to US$12.63

Consensus EPS estimates fall by 11%

Price target increased by 7.7% to US$11.13

Consensus EPS estimates fall by 42%

Consensus EPS estimates fall by 128%

Recent updates

New minor risk - Dividend sustainability

New major risk - Revenue and earnings growth

Investor sentiment improves as stock rises 19%

Seanergy Maritime: Strong Market Conditions, But Downgrading To 'Hold' After Recent Rally

First quarter dividend of US$0.15 announced

Price target increased by 10% to US$13.38

First quarter 2024 earnings released: EPS: US$0.53 (vs US$0.23 loss in 1Q 2023)

Seanergy Maritime Holdings Corp. Declares Quarterly Dividend , Payable on July 10, 2024

Price target increased by 8.6% to US$12.63

Seanergy Maritime Holdings Corp. to Report Q1, 2024 Results on May 15, 2024

New minor risk - Shareholder dilution

Consensus EPS estimates fall by 11%

Seanergy Maritime Holdings' (NASDAQ:SHIP) Problems Go Beyond Poor Profit

Fourth quarter dividend of US$0.10 announced

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Seanergy Maritime Holdings Corp. Declares Regular Dividend for the Fourth Quarter of 2023, Payable on or About April 10, 2024

Revenues Tell The Story For Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) As Its Stock Soars 26%

Seanergy Maritime Holdings Corp. to Report Q4, 2023 Results on Mar 15, 2024

Price target increased by 7.7% to US$11.13

Seanergy: When Liquidity Is The Missing Piece Of The Puzzle

Seanergy Maritime Holdings Corp. (NasdaqCM:SHIP) announces an Equity Buyback.

Seanergy Maritime Holdings Corp. has filed a Follow-on Equity Offering in the amount of $30 million.

George Economou Discloses his Views on Seanergy Maritime Holdings

Upcoming dividend of US$0.025 per share at 1.4% yield

Seanergy Maritime Holdings' (NASDAQ:SHIP) Dividend Will Be $0.025

Seanergy Maritime Holdings (NASDAQ:SHIP) Has Announced A Dividend Of $0.025

Third quarter 2023 earnings: EPS exceeds analyst expectations

Seanergy Maritime Holdings Corp. Declares Cash Dividend for the Third Quarter of 2023, Payable on or About January 10, 2024

Seanergy Maritime Holdings Corp. to Report Q3, 2023 Results on Nov 14, 2023

Consensus EPS estimates fall by 42%

New minor risk - Market cap size

Is Seanergy Maritime Holdings (NASDAQ:SHIP) A Risky Investment?

Consensus EPS estimates fall by 128%

Seanergy Maritime Holdings Corp., Annual General Meeting, Nov 14, 2023

Upcoming dividend of US$0.025 per share at 1.9% yield

Seanergy Maritime Holdings (NASDAQ:SHIP) Has Announced A Dividend Of $0.025

Seanergy Maritime Holdings (NASDAQ:SHIP) Has Announced A Dividend Of $0.025

New major risk - Revenue and earnings growth

Seanergy Maritime Holdings Corp. Declares Quarterly Cash Dividend for the Second Quarter of 2023 Payable on or About October 6, 2023

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 26% undervalued

Seanergy Maritime Holdings (NASDAQ:SHIP) Seems To Be Using A Lot Of Debt

Seanergy Maritime Holdings Corp. to Report Q2, 2023 Results on Aug 02, 2023

Investor sentiment improves as stock rises 15%

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.025 per share at 2.3% yield

Seanergy Maritime Holdings (NASDAQ:SHIP) Will Pay A Dividend Of $0.025

Seanergy Maritime Holdings Corp. Provides TCE Guidance for the Second Quarter of 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Now 23% undervalued after recent price drop

Consensus EPS estimates fall by 13%

Seanergy Maritime Holdings Corp. to Report Q1, 2023 Results on May 25, 2023

Calculating The Fair Value Of Seanergy Maritime Holdings Corp. (NASDAQ:SHIP)

Now 22% undervalued after recent price drop

Is Seanergy Maritime Holdings (NASDAQ:SHIP) A Risky Investment?

Chairman & CEO recently bought US$543k worth of stock

Now 21% undervalued

Price target decreased by 31% to US$8.57

Upcoming dividend of US$0.025 per share at 1.9% yield

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 22%

Seanergy Maritime Holdings Corp.'s (NASDAQ:SHIP) Share Price Is Matching Sentiment Around Its Earnings

Independent Director notifies of intention to sell stock

Chief Financial Officer notifies of intention to sell stock

Upcoming dividend of US$0.025 per share

Consensus forecasts updated

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Seanergy Maritime Holdings Corp. Declares Cash Dividend, Payable on or About January 30, 2023

Seanergy Maritime Holdings Corp. to Report Q3, 2022 Results on Nov 30, 2022