Seanergy Maritime (NASDAQ:SHIP – Get Free Report) and Costamare (NYSE:CMRE – Get Free Report) are both small-cap industrials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, profitability, dividends, institutional ownership, risk and earnings.
Volatility & Risk
Seanergy Maritime has a beta of 1.15, suggesting that its share price is 15% more volatile than the S&P 500. Comparatively, Costamare has a beta of 1.18, suggesting that its share price is 18% more volatile than the S&P 500.
Institutional and Insider Ownership
29.4% of Seanergy Maritime shares are held by institutional investors. Comparatively, 58.1% of Costamare shares are held by institutional investors. 4.7% of Seanergy Maritime shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Profitability
This table compares Seanergy Maritime and Costamare’s 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% |
| Costamare | 39.40% | 14.29% | 7.99% |
Dividends
Seanergy Maritime pays an annual dividend of $1.40 per share and has a dividend yield of 9.6%. Costamare pays an annual dividend of $0.50 per share and has a dividend yield of 3.9%. Seanergy Maritime pays out 49.0% of its earnings in the form of a dividend. Costamare pays out 19.3% 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.
Analyst Ratings
This is a summary of current recommendations and price targets for Seanergy Maritime and Costamare, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Seanergy Maritime | 0 | 1 | 3 | 0 | 2.75 |
| Costamare | 0 | 2 | 0 | 1 | 2.67 |
Seanergy Maritime presently has a consensus target price of $25.00, suggesting a potential upside of 70.77%. Given Seanergy Maritime’s stronger consensus rating and higher probable upside, research analysts clearly believe Seanergy Maritime is more favorable than Costamare.
Valuation and Earnings
This table compares Seanergy Maritime and Costamare”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Seanergy Maritime | $158.10 million | 1.94 | $21.24 million | $2.86 | 5.12 |
| Costamare | $852.60 million | 1.83 | $364.58 million | $2.59 | 4.99 |
Costamare has higher revenue and earnings than Seanergy Maritime. Costamare is trading at a lower price-to-earnings ratio than Seanergy Maritime, indicating that it is currently the more affordable of the two stocks.
Summary
Seanergy Maritime beats Costamare on 10 of the 17 factors compared between the two stocks.
About Seanergy Maritime
Seanergy Maritime Holdings Corp. is a Greece-based international shipping company that owns and operates dry bulk vessels, with a primary focus on Capesize ships. These large vessels transport major dry bulk commodities, including iron ore, coal and grain, for industrial and commercial customers around the world. The company generates revenue by chartering its vessels to global commodity producers, traders and other shipping customers. Depending on market conditions and customer requirements, its ships may operate under spot-market, voyage charter or time-charter arrangements.
About Costamare
Costamare Inc. is a global shipping company that owns and leases vessels used to transport cargo by sea. Its fleet includes containerships, which it charters to liner companies, as well as dry bulk vessels that carry commodities such as grains, minerals and other bulk cargoes. Founded in 1974, Costamare has grown from a family shipping business into an international vessel owner. Its ships serve global trade routes, transporting goods between ports across multiple regions. The company’s business centers on vessel ownership, chartering and ship management.
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