United Maritime (NASDAQ:USEA – Get Free Report) announced its earnings results on Tuesday. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.10), Yahoo Finance reports. The firm had revenue of $12.44 million during the quarter. United Maritime had a net margin of 8.02% and a return on equity of 5.68%.
United Maritime Trading Up 0.4 %
Shares of NASDAQ USEA traded up $0.01 during mid-day trading on Wednesday, reaching $2.42. 32,351 shares of the company’s stock were exchanged, compared to its average volume of 43,980. The company’s 50-day moving average is $2.60 and its 200-day moving average is $2.63. United Maritime has a 52-week low of $2.01 and a 52-week high of $3.00. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.35 and a current ratio of 0.36. The firm has a market capitalization of $21.04 million, a price-to-earnings ratio of 7.77 and a beta of 0.54.
United Maritime Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, October 10th. Shareholders of record on Friday, September 27th will be issued a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 12.40%. The ex-dividend date is Friday, September 27th. United Maritime’s payout ratio is currently 96.77%.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on USEA
About United Maritime
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 922,054 dwt. The company was incorporated in 2022 and is based in Glyfada, Greece.
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