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United Maritime CorporationNasdaqCM:USEA Stock Report

Market Cap US$21.9m
Share Price
US$2.28
US$4
43.0% undervalued intrinsic discount
1Y74.0%
7D-1.7%
Portfolio Value
View

United Maritime Corporation

NasdaqCM:USEA Stock Report

Market Cap: US$21.9m

United Maritime (USEA) Stock Overview

Operates as a shipping company that offers seaborne transportation services worldwide. More details

USEA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends2/6

USEA Community Fair Values

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United Maritime Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for United Maritime
Historical stock prices
Current Share PriceUS$2.28
52 Week HighUS$2.39
52 Week LowUS$1.20
Beta0.65
1 Month Change9.09%
3 Month Change27.37%
1 Year Change74.05%
3 Year Change-15.87%
5 Year Changen/a
Change since IPO-21.38%

Recent News & Updates

Analysis Article Feb 12

United Maritime (NASDAQ:USEA) Use Of Debt Could Be Considered Risky

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Recent updates

Analysis Article Feb 12

United Maritime (NASDAQ:USEA) Use Of Debt Could Be Considered Risky

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 09

United Maritime Corporation (NASDAQ:USEA) Held Back By Insufficient Growth Even After Shares Climb 28%

United Maritime Corporation ( NASDAQ:USEA ) shareholders would be excited to see that the share price has had a great...
Analysis Article Nov 07

United Maritime (NASDAQ:USEA) Seems To Be Using A Lot Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 28

United Maritime (NASDAQ:USEA) Will Want To Turn Around Its Return Trends

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article May 13

United Maritime (NASDAQ:USEA) Takes On Some Risk With Its Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Apr 07

Risks Still Elevated At These Prices As United Maritime Corporation (NASDAQ:USEA) Shares Dive 26%

The United Maritime Corporation ( NASDAQ:USEA ) share price has fared very poorly over the last month, falling by a...
Analysis Article Mar 22

United Maritime (NASDAQ:USEA) Is Paying Out Less In Dividends Than Last Year

United Maritime Corporation's ( NASDAQ:USEA ) dividend is being reduced from last year's payment covering the same...
Analysis Article Mar 05

United Maritime (NASDAQ:USEA) May Have Issues Allocating Its Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Analysis Article Mar 13

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

When close to half the companies operating in the Shipping industry in the United States have price-to-sales ratios (or...
Seeking Alpha Oct 13

United announces sale of two Aframax Petroleum Tankers

United Maritime (NASDAQ:USEA) has entered agreements with an unaffiliated third party for the sale of two Aframax tankers, and the successful delivery of the previously-announced LR2 tanker acquisitions. Company has entered into two separate definitive agreements with an unaffiliated third party for the sale of its two Aframax vessels, the 2006-built M/T Bluesea and the M/T Parosea. Vessels are scheduled to be delivered to their new owners within Q4 2022. Aggregate gross sale price is ~$62.5M and the transactions are subject to customary closing procedures.
Seeking Alpha Sep 22

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

United Maritime (NASDAQ:USEA) shares gained 12% premarket on Thursday after the shipping company initiated an additional $3M stock buyback plan. The board authorized an additional share repurchase plan, enabling the firm to buyback up to an additional $3M of its outstanding common shares in the open market. The plan represents up to an additional 26% of United’s (USEA) market capitalization as of Sep 21, 2022. The new plan follows the completion of $3M stock buyback, wherein the company bought ~1.86M shares at an average price of $1.6095.
Seeking Alpha Sep 02

United Maritime gains on $3M stock buyback plan

United Maritime (NASDAQ:USEA) announced on Friday as share repurchase plan to buyback up to $3M of its outstanding common shares in the open market. That represents up to 26% of the company’s market capitalization as of Sep 1, 2022. USEA Chairman and CEO Stamatis Tsantanis stated: "We believe that the share price of United is significantly undervalued considering the solid vessel valuation and earnings environment of the tanker sector. We aim to enhance stockholder value by using our strong cash reserves and the fleet’s robust cash-flow generating capacity. We will continue to examine all strategic alternatives and to invest opportunistically, including through buybacks under appropriate conditions." USEA shares have gained 38% pre-market
Seeking Alpha Jul 18

United Maritime stock slides on $26M equity offering

United Maritime (NASDAQ:USEA) shares plunged over 55% pre-market on Monday after the shipping company priced its $26M equity offering. The offering consists of 8M units, issued at $3.25 each for estimated gross proceeds of $26M. Each unit consists of one common share (or pre-funded warrant in lieu thereof) and one Class A warrant to purchase one common share, and will immediately separate upon issuance. Each Class A warrant is immediately exercisable for one common share at an exercise price of $3.25/share and will expire five years from issuance. The offering is expected to close around July 20, 2022.
Seeking Alpha Jul 07

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

Seanergy Maritime Holdings (NASDAQ:SHIP) jumps 7%, Thursday, after stating that it has received the delivery of its recently acquired Japanese-built modern Capesize vessel- M/V Honorship - and has immediately started its time charter with NYK Line. The vessel is set to improve Seanergy's average age and the operating premium of its fleet as it replaces SHIP's oldest Capesize vessel, M/V Gloriuship, which has been spun-off under its subsidiary United Maritime (NASDAQ:USEA). The company told M/V Honorship's time charter has a duration of about 20 to 24 months and the daily hire is based at a premium over the Baltic Capesize Index. "Our fleet remains 100% under period employment, with the vast majority on index-linked T/Cs and most of them accompanied by the option to convert to fixed rates. Moreover, the ability to conclude two new facilities with the Company’s existing creditors at more favorable terms attests to their confidence in Seanergy and its prospects," stated SHIP CEO and Chairman Stamatis Tsantanis. In addition, Seanergy announced $21M financing facility with a major European bank and one of its existing lenders secured by the M/V Dukeship. The loan bears interest rate of 2.95% plus SOFR per annum, has a four-year term. Earlier (June 28): Seanergy announces additional share repurchase plan, CEO to purchase 500K shares

Shareholder Returns

USEAUS ShippingUS Market
7D-1.7%-0.5%0.5%
1Y74.0%50.4%25.4%

Return vs Industry: USEA exceeded the US Shipping industry which returned 50.6% over the past year.

Return vs Market: USEA exceeded the US Market which returned 25.5% over the past year.

Price Volatility

Is USEA's price volatile compared to industry and market?
USEA volatility
USEA Average Weekly Movement6.5%
Shipping Industry Average Movement6.8%
Market Average Movement7.2%
10% most volatile stocks in US Market16.0%
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 (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20226Stamatios Tsantaniswww.unitedmaritime.gr

United Maritime Corporation operates as a shipping company that offers seaborne transportation services worldwide. The company operates a fleet of six dry bulk vessels comprising one Capesize, two Kamsarmax and three Panamax vessels with an aggregate cargo-carrying capacity of approximately 577,750 dwt. United Maritime Corporation 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$21.94m
Earnings (TTM)-US$6.19m
Revenue (TTM)US$37.79m
0.6x
P/S Ratio
-3.5x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
USEA income statement (TTM)
RevenueUS$37.79m
Cost of RevenueUS$23.72m
Gross ProfitUS$14.07m
Other ExpensesUS$20.26m
Earnings-US$6.19m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.65
Gross Margin37.23%
Net Profit Margin-16.38%
Debt/Equity Ratio84.8%

How did USEA perform over the long term?

See historical performance and comparison

Dividends

10.1%
Current Dividend Yield
-33%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/13 05:37
End of Day Share Price 2026/05/13 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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 Github.

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