Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
USEA
Upturn stock ratingUpturn stock rating

United Maritime Corporation (USEA)

Upturn stock ratingUpturn stock rating
$1.36
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: USEA (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -17.97%
Avg. Invested days 43
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 12.46M USD
Price to earnings Ratio -
1Y Target Price 3.5
Price to earnings Ratio -
1Y Target Price 3.5
Volume (30-day avg) 58223
Beta 0.33
52 Weeks Range 1.31 - 2.61
Updated Date 04/1/2025
52 Weeks Range 1.31 - 2.61
Updated Date 04/1/2025
Dividends yield (FY) 17.03%
Basic EPS (TTM) -0.39

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Earnings Date

Report Date 2025-03-18
When -
Estimate -0.41
Actual -0.09

Profitability

Profit Margin -7.45%
Operating Margin (TTM) 7.76%

Management Effectiveness

Return on Assets (TTM) 1.52%
Return on Equity (TTM) -5.37%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 103166088
Price to Sales(TTM) 0.27
Enterprise Value 103166088
Price to Sales(TTM) 0.27
Enterprise Value to Revenue 2.27
Enterprise Value to EBITDA 21.41
Shares Outstanding 8844270
Shares Floating 7131695
Shares Outstanding 8844270
Shares Floating 7131695
Percent Insiders 17.81
Percent Institutions 2.51

Analyst Ratings

Rating 4
Target Price 5.5
Buy 1
Strong Buy -
Buy 1
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

United Maritime Corporation

stock logo

Company Overview

overview logo History and Background

United Maritime Corporation (formerly Seanergy Maritime Holdings Corp.) is a shipping company focused on the seaborne transportation of dry bulk commodities. Founded in 2006, it has evolved from operating primarily Capesize vessels to a smaller fleet of tanker vessels through the spin-off of SpinCo in 2022 and subsequent business combination with Stellar Bulk Carriers Inc in 2023.

business area logo Core Business Areas

  • Tanker Vessel Ownership and Operation: United Maritime Corporation owns and operates tanker vessels, transporting crude oil and petroleum products.

leadership logo Leadership and Structure

Stamatis Tsantanis is the Chairman & Chief Executive Officer. The company follows a traditional corporate structure with a board of directors and executive management overseeing operations, finance, and strategy.

Top Products and Market Share

overview logo Key Offerings

  • Crude Oil Transportation Services: United Maritime Corporation provides transportation services for crude oil via its tanker fleet. Market share data is difficult to ascertain precisely due to the fragmented nature of the tanker shipping market. Competitors include companies such as Euronav (EURN), DHT Holdings (DHT), and Frontline (FRO).
  • Petroleum Product Transportation Services: The company also transports refined petroleum products. Similar to crude oil, precise market share data is hard to pinpoint. Competitors overlap with those in crude oil transportation.

Market Dynamics

industry overview logo Industry Overview

The tanker shipping industry is influenced by global oil demand, geopolitical factors, and fleet supply. Fluctuations in oil prices and production significantly impact demand for tanker services.

Positioning

United Maritime Corporation is a smaller player in the tanker shipping industry. Its competitive advantages likely lie in operational efficiency, fleet management, and strategic partnerships.

Total Addressable Market (TAM)

The global tanker shipping market is estimated at hundreds of billions of dollars annually. United Maritime Corporation's position relative to the TAM is relatively small, aiming for niche market share in specific routes and client relationships.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team
  • Strategic fleet deployment
  • Strong relationships with charterers

Weaknesses

  • Small Fleet Size compared to major players
  • High Dependence on market fluctuations
  • Limited diversification

Opportunities

  • Expansion of fleet through acquisitions
  • Increased demand for oil transportation due to geopolitical instability
  • Development of strategic alliances

Threats

  • Overcapacity in the tanker market
  • Fluctuations in oil prices
  • Geopolitical risks
  • Environmental regulations

Competitors and Market Share

competitor logo Key Competitors

  • EURN
  • DHT
  • FRO
  • TNP
  • NAT

Competitive Landscape

United Maritime Corporation faces intense competition from larger, more established players with greater financial resources and larger fleets. Its success depends on operational efficiency, strategic partnerships, and effective fleet management.

Major Acquisitions

Stellar Bulk Carriers Inc

  • Year: 2023
  • Acquisition Price (USD millions):
  • Strategic Rationale: Business combination to focus on the tanker vessel market.

Growth Trajectory and Initiatives

Historical Growth: United Maritime Corporation's growth has been tied to acquisitions and market conditions in the dry bulk and tanker shipping sectors.

Future Projections: Future projections would depend on fleet expansion, market conditions, and the company's strategic decisions.

Recent Initiatives: Recent initiatives include the acquisition of Stellar Bulk Carriers Inc in 2023 and change to the tanker business area.

Summary

United Maritime Corporation is a smaller player in a volatile shipping industry, transitioning to tanker vessel operations. Its success hinges on effectively managing its fleet and capitalizing on market opportunities. The company faces challenges related to competition, market fluctuations, and environmental regulations. Strategic acquisitions and operational efficiency are crucial for future growth. Investors should be aware of the inherent risks associated with the cyclical nature of the shipping industry.

Similar Companies

DHTratingrating

DHT Holdings Inc

$10.53
Small-Cap Stock
0%
PASS

DHTratingrating

DHT Holdings Inc

$10.53
Small-Cap Stock
0%
PASS

EURNratingrating

Euronav NV

$16.57
Mid-Cap Stock
13.18%
Consider higher Upturn Star rating
BUY since 34 days

EURNratingrating

Euronav NV

$16.57
Mid-Cap Stock
BUY since 34 days
13.18%
Consider higher Upturn Star rating

FROratingrating

Frontline Ltd

$15.03
Mid-Cap Stock
0%
PASS

FROratingrating

Frontline Ltd

$15.03
Mid-Cap Stock
0%
PASS

NATratingrating

Nordic American Tankers Limited

$2.48
Small-Cap Stock
0%
PASS

NATratingrating

Nordic American Tankers Limited

$2.48
Small-Cap Stock
0%
PASS

SBLKratingrating

Star Bulk Carriers Corp

$15.72
Small-Cap Stock
-3.5%
WEAK BUY
BUY since 31 days

SBLKratingrating

Star Bulk Carriers Corp

$15.72
Small-Cap Stock
BUY since 31 days
-3.5%
WEAK BUY

TNPratingrating

Tsakos Energy Navigation Ltd

$29.28
Small-Cap Stock
0%
PASS

TNPratingrating

Tsakos Energy Navigation Ltd

$29.28
Small-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Financial News Outlets

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market data is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About United Maritime Corporation

Exchange NASDAQ
Headquaters -
IPO Launch date 2022-07-06
Chairman & CEO Mr. Stamatios Tsantanis
Sector Industrials
Industry Marine Shipping
Full time employees -
Full time employees -

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 922,072 dwt. The company was incorporated in 2022 and is based in Glyfada, Greece.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​