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United Maritime NasdaqCM:USEA Stock Report

Last Price

US$2.51

Market Cap

US$22.6m

7D

-0.8%

1Y

-7.0%

Updated

24 Apr, 2024

Data

Company Financials

United Maritime Corporation

NasdaqCM:USEA Stock Report

Market Cap: US$22.6m

USEA Stock Overview

United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide.

USEA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health0/6
Dividends2/6

United Maritime Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for United Maritime
Historical stock prices
Current Share PriceUS$2.51
52 Week HighUS$3.09
52 Week LowUS$2.01
Beta0
1 Month Change-6.69%
3 Month Change1.21%
1 Year Change-7.04%
3 Year Changen/a
5 Year Changen/a
Change since IPO-13.45%

Recent News & 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

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
7D-0.8%4.2%1.2%
1Y-7.0%33.7%24.7%

Return vs Industry: USEA underperformed the US Shipping industry which returned 33.7% over the past year.

Return vs Market: USEA underperformed the US Market which returned 24.7% over the past year.

Price Volatility

Is USEA's price volatile compared to industry and market?
USEA volatility
USEA Average Weekly Movement5.5%
Shipping Industry Average Movement4.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

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$22.62m
Earnings (TTM)US$126.00k
Revenue (TTM)US$36.07m

179.5x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
USEA income statement (TTM)
RevenueUS$36.07m
Cost of RevenueUS$23.73m
Gross ProfitUS$12.34m
Other ExpensesUS$12.21m
EarningsUS$126.00k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.014
Gross Margin34.21%
Net Profit Margin0.35%
Debt/Equity Ratio98.0%

How did USEA perform over the long term?

See historical performance and comparison

Dividends

12.0%

Current Dividend Yield

1,990%

Payout Ratio
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