Seanergy Maritime (NASDAQ:SHIP) Price Target Raised to $17.00 at B. Riley Financial

Seanergy Maritime (NASDAQ:SHIP) had its price target hoisted by equities research analysts at B. Riley Financial from $15.00 to $17.00 in a report issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the shipping company’s stock. B. Riley Financial’s target price would suggest a potential upside of 28.47% from the stock’s current price.

SHIP has been the topic of a number of other research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Seanergy Maritime in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Seanergy Maritime from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Zacks Research raised shares of Seanergy Maritime from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 11th. Finally, Noble Financial reiterated an “outperform” rating on shares of Seanergy Maritime in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $17.00.

Seanergy Maritime Price Performance

NASDAQ:SHIP traded up $0.57 during trading hours on Wednesday, reaching $13.23. 530,535 shares of the company were exchanged, compared to its average volume of 183,703. The business has a 50 day moving average of $9.98 and a 200 day moving average of $9.05. Seanergy Maritime has a 1-year low of $4.78 and a 1-year high of $13.50. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.39 and a quick ratio of 0.37. The company has a market capitalization of $276.60 million, a P/E ratio of 18.13 and a beta of 0.89.

Institutional Trading of Seanergy Maritime

A number of institutional investors have recently bought and sold shares of SHIP. Campbell & CO Investment Adviser LLC bought a new position in shares of Seanergy Maritime in the second quarter valued at approximately $90,000. R Squared Ltd bought a new stake in Seanergy Maritime during the second quarter worth $122,000. Bank of America Corp DE raised its position in Seanergy Maritime by 23,120.0% in the 3rd quarter. Bank of America Corp DE now owns 23,220 shares of the shipping company’s stock valued at $192,000 after buying an additional 23,120 shares during the last quarter. Mackenzie Financial Corp purchased a new stake in Seanergy Maritime in the 3rd quarter valued at $345,000. Finally, Triumph Capital Management bought a new position in Seanergy Maritime during the 3rd quarter valued at $355,000. Institutional investors own 29.36% of the company’s stock.

Trending Headlines about Seanergy Maritime

Here are the key news stories impacting Seanergy Maritime this week:

• Positive Sentiment: Quarterly earnings topped expectations (reports show EPS roughly $0.66–$0.68 vs. estimates around $0.52–$0.56), with revenue above forecasts — a clear near-term catalyst supporting the rally. Seanergy Beats Q4 Estimates
• Positive Sentiment: Management highlighted strong Q4 results and an improved outlook on the earnings call, reinforcing investor confidence in near-term cash flow and margins. Q4 Earnings Call Highlights
• Positive Sentiment: Seanergy announced two newbuild orders (fleet expansion), a growth signal that can boost future revenue if market conditions hold. This helped push the shares toward multi-year highs. Newbuilds & Share Surge
• Positive Sentiment: The board raised the quarterly dividend to $0.20 (annualized yield ~6.3%), up ~53.8% from the prior payout — a shareholder-friendly move that supports income-focused buyers (ex-div date Mar 27). [Company announcement]
• Positive Sentiment: Brokerage/coverage pieces and stock-picking lists are highlighting SHIP for its margins and momentum, adding buy-side interest from momentum and value investors. Zacks: Top-Ranked Stocks
• Neutral Sentiment: Full Q4 earnings call transcripts and multiple write-ups (Seeking Alpha, InsiderMonkey, company release) provide detail for investors but largely reiterate the beats and guidance already priced in. Earnings Call Transcript (Seeking Alpha) InsiderMonkey Transcript
• Negative Sentiment: Balance-sheet and liquidity metrics remain modest (low current ratio / quick ratio); debt-to-equity is moderate — these are potential risks if shipping conditions deteriorate. Investors should weigh growth and dividends against leverage and short-term liquidity. MarketBeat SHIP Profile

Seanergy Maritime Company Profile

Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) is a dry bulk shipping company that provides seaborne transportation services for major commodities, including iron ore, coal and grain. The company’s operations encompass both time charter and voyage charter contracts, enabling customers to secure vessel capacity on either a fixed-rate or spot basis. Its client base includes commodity producers, trading houses and industrial end users seeking global logistics solutions for bulk materials.

The company’s core assets consist of a fleet of modern dry bulk carriers, spanning Capesize, Panamax and Supramax classes.