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USEA logo

United Maritime NasdaqCM:USEA Stock Report

Last Price

US$1.83

Market Cap

US$16.2m

7D

0%

1Y

-33.2%

Updated

02 Feb, 2025

Data

Company Financials +

United Maritime Corporation

NasdaqCM:USEA Stock Report

Market Cap: US$16.2m

My Notes

Capture your thoughts, links and company narrative

United Maritime Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for United Maritime
Historical stock prices
Current Share PriceUS$1.83
52 Week HighUS$3.00
52 Week LowUS$1.63
Beta0.31
1 Month Change6.40%
3 Month Change-21.12%
1 Year Change-33.21%
3 Year Changen/a
5 Year Changen/a
Change since IPO-36.90%

Recent News & Updates

Recent updates

United Maritime Corporation's (NASDAQ:USEA) Subdued P/S Might Signal An Opportunity

Mar 13
United Maritime Corporation's (NASDAQ:USEA) Subdued P/S Might Signal An Opportunity

United announces sale of two Aframax Petroleum Tankers

Oct 13

United Maritime stock gains as it initiates additional $3M stock buyback plan

Sep 22

United Maritime gains on $3M stock buyback plan

Sep 02

United Maritime stock slides on $26M equity offering

Jul 18

Seanergy Maritime jumps 7% as gets delivery of Japanese built vessel, secures additional financing

Jul 07

Shareholder Returns

USEAUS ShippingUS Market
7D0%2.2%-0.9%
1Y-33.2%8.3%22.6%

Return vs Industry: USEA underperformed the US Shipping industry which returned 8.3% over the past year.

Return vs Market: USEA underperformed the US Market which returned 22.6% over the past year.

Price Volatility

Is USEA's price volatile compared to industry and market?
USEA volatility
USEA Average Weekly Movement6.1%
Shipping Industry Average Movement5.1%
Market Average Movement6.4%
10% most volatile stocks in US Market18.7%
10% least volatile stocks in US Market3.2%

Stable Share Price: USEA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: USEA's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20225Stamatios Tsantaniswww.unitedmaritime.gr

United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. It operates a fleet of eight dry bulk vessels comprising three Panamax, three Capesize, and two Kamsarmax vessels with an aggregate cargo-carrying capacity of approximately 922,054 dwt. The company was incorporated in 2022 and is based in Glyfada, Greece.

United Maritime Corporation Fundamentals Summary

How do United Maritime's earnings and revenue compare to its market cap?
USEA fundamental statistics
Market capUS$16.19m
Earnings (TTM)-US$2.29m
Revenue (TTM)US$46.16m

0.4x

P/S Ratio

-7.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
USEA income statement (TTM)
RevenueUS$46.16m
Cost of RevenueUS$22.49m
Gross ProfitUS$23.67m
Other ExpensesUS$25.96m
Earnings-US$2.29m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.26
Gross Margin51.27%
Net Profit Margin-4.96%
Debt/Equity Ratio161.9%

How did USEA perform over the long term?

See historical performance and comparison

Dividends

16.4%

Current Dividend Yield

-114%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 02:36
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

United Maritime Corporation is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tate SullivanMaxim Group