Seanergy Maritime (SHIP) & Its Rivals Head-To-Head Comparison

Seanergy Maritime (NASDAQ:SHIP) is one of 80 publicly-traded companies in the “Marine Transportation” industry, but how does it contrast to its peers? We will compare Seanergy Maritime to similar companies based on the strength of its risk, analyst recommendations, institutional ownership, profitability, earnings, dividends and valuation.

Analyst Ratings

This is a summary of recent ratings and target prices for Seanergy Maritime and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Seanergy Maritime	0	1	3	0	2.75
Seanergy Maritime Competitors	447	1655	1700	93	2.37

Seanergy Maritime presently has a consensus target price of $25.00, indicating a potential upside of 57.13%. As a group, “Marine Transportation” companies have a potential upside of 9.14%. Given Seanergy Maritime’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Seanergy Maritime is more favorable than its peers.

Valuation and Earnings

This table compares Seanergy Maritime and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Seanergy Maritime	$158.10 million	$21.24 million	5.56
Seanergy Maritime Competitors	$3.68 billion	$344.61 million	13.57

Seanergy Maritime’s peers have higher revenue and earnings than Seanergy Maritime. Seanergy Maritime is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Seanergy Maritime and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Seanergy Maritime	30.68%	21.87%	10.20%
Seanergy Maritime Competitors	30.74%	13.51%	6.67%

Volatility and Risk

Seanergy Maritime has a beta of 1.15, suggesting that its stock price is 15% more volatile than the S&P 500. Comparatively, Seanergy Maritime’s peers have a beta of 1.10, suggesting that their average stock price is 10% more volatile than the S&P 500.

Insider and Institutional Ownership

29.4% of Seanergy Maritime shares are held by institutional investors. Comparatively, 30.7% of shares of all “Marine Transportation” companies are held by institutional investors. 4.7% of Seanergy Maritime shares are held by company insiders. Comparatively, 29.1% of shares of all “Marine Transportation” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Dividends

Seanergy Maritime pays an annual dividend of $1.40 per share and has a dividend yield of 8.8%. Seanergy Maritime pays out 49.0% of its earnings in the form of a dividend. As a group, “Marine Transportation” companies pay a dividend yield of 4.4% and pay out 26.9% of their earnings in the form of a dividend.

Summary

Seanergy Maritime peers beat Seanergy Maritime on 8 of the 15 factors compared.

Seanergy Maritime Company Profile

Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. The company was formerly known as Seanergy Merger Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was incorporated in 2008 and is based in Glyfada, Greece.