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United Maritime NasdaqCM:USEA Stock Report

Last Price

US$2.62

Market Cap

US$24.5m

7D

1.7%

1Y

2.7%

Updated

25 Jun, 2024

Data

Company Financials

United Maritime Corporation

NasdaqCM:USEA Stock Report

Market Cap: US$24.5m

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$2.62
52 Week HighUS$3.00
52 Week LowUS$2.01
Beta0
11 Month Change-7.42%
3 Month Change-0.57%
1 Year Change2.75%
33 Year Changen/a
5 Year Changen/a
Change since IPO-9.66%

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
7D1.7%3.9%-0.5%
1Y2.7%60.3%24.2%

Return vs Industry: USEA underperformed the US Shipping industry which returned 60.3% over the past year.

Return vs Market: USEA underperformed the US Market which returned 24.2% over the past year.

Price Volatility

Is USEA's price volatile compared to industry and market?
USEA volatility
USEA Average Weekly Movement3.6%
Shipping Industry Average Movement5.0%
Market Average Movement5.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.9%

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

Volatility Over Time: USEA's weekly volatility (4%) 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$24.51m
Earnings (TTM)US$3.67m
Revenue (TTM)US$43.84m

6.4x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
USEA income statement (TTM)
RevenueUS$43.84m
Cost of RevenueUS$26.08m
Gross ProfitUS$17.76m
Other ExpensesUS$14.09m
EarningsUS$3.67m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin40.51%
Net Profit Margin8.38%
Debt/Equity Ratio146.2%

How did USEA perform over the long term?

See historical performance and comparison

Dividends

11.5%

Current Dividend Yield

70%

Payout Ratio

Does USEA pay a reliable dividends?

See USEA dividend history and benchmarks
When do you need to buy USEA by to receive an upcoming dividend?
United Maritime dividend dates
Ex Dividend DateJun 25 2024
Dividend Pay DateJul 10 2024
Days until Ex dividend1 day
Days until Dividend pay date14 days

Does USEA pay a reliable dividends?

See USEA dividend history and benchmarks
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