financetom
Business
financetom
/
Business
/
Seanergy Q3 revenue growth beats estimates on recovering Capesize market
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Seanergy Q3 revenue growth beats estimates on recovering Capesize market
Nov 13, 2025 6:38 AM

Overview

* Seanergy Q3 2025 revenue rose to $47 mln, beating analyst expectations

* Net income for Q3 2025 increased to $12.8 mln from $12.5 mln in Q3 2024

* Company declared a $0.13 per share dividend, marking 16th consecutive payout

Outlook

* Company estimates Q4 2025 TCE rate at approximately $23,878

* Seanergy anticipates strong Capesize charter rates due to rising trade volumes

* Company continues disciplined fleet renewal strategy with newbuilding contract

Result Drivers

* CAPESIZE MARKET RECOVERY - Co capitalized on recovering Capesize market, driving higher profitability, per CEO Stamatis Tsantanis

* FLEET MANAGEMENT - Sale of vintage vessel and newbuilding contract contributed to liquidity and fleet modernization

* WARRANT EXPIRATION - Expiration of outstanding warrants simplified capital structure, enhancing shareholder value

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $47 mln $43.22

Revenue mln (4

Analysts

)

Q3 EPS $0.61

Q3 $14 mln

Adjusted

Net

Income

Q3 $26.60

Adjusted mln

EBITDA

Q3 $0.13

Dividend

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the marine freight & logistics peer group is "buy"

* Wall Street's median 12-month price target for Seanergy Maritime Holdings Corp is $12.25, about 28.2% above its November 12 closing price of $8.80

* The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved