Euronav (NYSE:CMBT – Get Free Report) and Seanergy Maritime (NASDAQ:SHIP – Get Free Report) are both transportation companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, earnings, institutional ownership, profitability, valuation, dividends and risk.
Dividends
Euronav pays an annual dividend of $0.75 per share and has a dividend yield of 4.7%. Seanergy Maritime pays an annual dividend of $1.00 per share and has a dividend yield of 10.0%. Euronav pays out 12.5% of its earnings in the form of a dividend. Seanergy Maritime pays out 69.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Valuation & Earnings
This table compares Euronav and Seanergy Maritime”s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Euronav | $1.04 billion | 3.11 | $858.03 million | $6.01 | 2.67 |
Seanergy Maritime | $110.23 million | 1.87 | $2.28 million | $1.45 | 6.88 |
Institutional and Insider Ownership
29.4% of Seanergy Maritime shares are held by institutional investors. 4.7% of Seanergy Maritime shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Profitability
This table compares Euronav and Seanergy Maritime’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Euronav | 112.38% | 22.35% | 11.43% |
Seanergy Maritime | 20.12% | 12.42% | 6.02% |
Analyst Ratings
This is a summary of current ratings and target prices for Euronav and Seanergy Maritime, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Euronav | 0 | 0 | 0 | 0 | N/A |
Seanergy Maritime | 0 | 0 | 1 | 1 | 3.50 |
Seanergy Maritime has a consensus price target of $12.50, suggesting a potential upside of 25.25%. Given Seanergy Maritime’s higher possible upside, analysts plainly believe Seanergy Maritime is more favorable than Euronav.
Volatility & Risk
Euronav has a beta of -0.08, meaning that its share price is 108% less volatile than the S&P 500. Comparatively, Seanergy Maritime has a beta of 0.65, meaning that its share price is 35% less volatile than the S&P 500.
About Euronav
Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV.
About Seanergy Maritime
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.
Receive News & Ratings for Euronav Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euronav and related companies with MarketBeat.com's FREE daily email newsletter.