Icon Energy Corp. ICON
- Market cap
- $4.7M
- P/E
- —
Follow ICON
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | — | — | — | 362.00 | 2.75 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| — | — | — | — | — | — | — | — | 770.00 | 466.00 |
High Price
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| — | — | — | — | — | — | — | — | — | — | Employees | |||
| — | — | — | — | — | — | 0 | 0 | 0 | 0 |
Revenue/Emp
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| — | — | — | — | — | — | 7 | 4 | 5 | 11 |
Revenue
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|||
| — | — | — | — | — | — | 71.61% | 54.38% | 48.92% | 48.57% |
Gross Margin
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| — | — | — | — | — | — | 4 | 1 | 0 | (4) |
EBT
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| — | — | — | — | — | — | 58.58% | 25.80% | (3.96%) | (37.29%) |
EBT Margin
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| — | — | — | — | — | — | 4 | 1 | 0 | (4) |
Net Income
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| — | — | — | — | — | — | 1 | 1 | 2 | 4 |
Depreciation
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|||
| — | — | — | — | — | — | 7,241.00 | 4,476.00 | 1,361.28 | 28.30 |
Revenue/Sh
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| — | — | — | — | — | — | 4,242.00 | 1,155.00 | (304.15) | (18.04) |
Earnings/Sh
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| — | — | — | — | — | — | 3,989.00 | 2,505.00 | 221.54 | 2.01 |
Cash Flow/Sh
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| — | — | — | — | — | — | (225.00) | (22.00) | (4,621.79) | (15.30) |
Capex/Sh
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| — | — | — | — | — | — | 3,764.00 | 2,483.00 | (4,400.26) | (13.29) |
Free CF/Sh
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| — | — | — | — | — | — | 14,321.00 | 9,169.00 | 3,011.79 | 53.74 |
Book Value/Sh
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| — | — | — | — | — | — | 0 | 0 | 0 | 0 |
Shares
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| — | — | — | — | — | — | — | — | — | — | PE Ratio | |||
| — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 |
PS Ratio
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| — | — | — | — | — | — | 0.08 | 0.08 | 0.04 | 0.02 |
PB Ratio
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| — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales
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| — | — | — | — | — | — | 0.00 | 0.00 | (1.09) | (2.36) |
EV/FCF
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| — | — | — | — | — | — | 4 | 3 | 1 | 1 |
Op' Cash Flow
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| — | — | — | — | — | — | 0 | 0 | (18) | (6) |
Capex
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| — | — | — | — | — | — | 4 | 2 | (17) | (5) |
FCF
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| — | — | — | — | — | — | 4 | (1) | (2) | 0 |
Working Cap'
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| — | — | — | — | — | — | — | — | 16 | 35 |
Total Debt
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| — | — | — | — | — | — | (4) | (3) | 15 | 31 |
Net Debt
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| — | — | — | — | — | — | 14 | 9 | 12 | 21 |
Sh' Equity
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| — | — | — | — | — | — | 0.00% | 8.41% | (5.70%) | (16.45%) |
ROA
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| — | — | — | — | — | — | 24.48% | 10.68% | 0.40% | 0.22% |
ROIC
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| — | — | — | — | — | — | 0.00% | 9.84% | (11.35%) | (43.32%) |
ROE
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Icon Energy Corp. peers in Marine Shipping
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| NCT Intercont (Cayman) Limited | $5.8M | — | Compare |
| RUBI Rubico Inc. | $2.2M | — | Compare |
| CISS C3is Inc. | $1.6M | 0.0× | Compare |
| UFG Uni-Fuels Holdings Limited | $16.7M | — | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| CTRM Castor Maritime Inc. | $20.7M | 0.2× | Compare |
| HTCO Caravelle International Group | $21.3M | 0.2× | Compare |
| PSHG Performance Shipping Inc. | $21.9M | 0.8× | Compare |
| VNTG Vantage Corp | $22.6M | — | Compare |
Icon Energy Corp. (ICON) key facts
- Icon Energy Corp. (ICON) is a Marine Shipping company in the Industrials sector, listed on Nasdaq.
- Icon Energy Corp.’s revenue for fiscal 2025 (year ended December 2025) was $11.3 million, up 112.0% from fiscal 2024.
- As of September 25, 2026, ICON traded at $1.00, a market capitalization of $4.7 million.
- Return on equity was −43.3% and debt-to-equity 1.24.
Icon Energy Corp. (ICON) Latest News
17 Sep
Icon Energy Corp. issues a commercial update on its operations and business developments. Commercial updates can moderately affect investor sentiment and short-term stock performance without major strategic shifts.
9 Jun
Icon Energy Corp. announces investment in a long-term chartered containership. Long-term containership investment expands operational capacity with moderate effects on financial performance and positioning.
3 Jun
Icon Energy Corp. released a commercial update detailing recent business developments and operational progress. Commercial updates can signal contract wins or sales shifts that moderately affect near-term performance.
11 May
Hampton Financial Corporation enters the global shipping space. Hampton Financial's entry into global shipping constitutes a major strategic move altering Icon Energy Corp.'s trajectory and investor sentiment.
1 Apr
Icon Energy Corp. (ICON) provides commercial update on its operations. Commercial update highlights operational progress with moderately noticeable effects on financial performance and market sentiment.
31 Mar
Iconic Gold enters into an option and exploration agreement for the Ginette Project. Entering an option and exploration agreement for the Ginette Project marks a major strategic acquisition expanding Iconic Gold's gold assets and exploration pipeline.
19 Mar
Icon Energy Corp. provides commercial update. Commercial updates signal operational progress with moderate influence on financial performance and market sentiment.
21 Jan
Icon Energy Corp. has announced updates related to the SEPA, detailing progress and developments that may influence its operational strategies and market positioning. The company is focusing on enhancing its initiatives and aligning with regulatory requirements, which could impact its future performance. Updates regarding SEPA indicate a moderately noticeable influence on operational strategies and market positioning.
20 Jan
Icon Energy Corp. (ICON) has been identified as one of the most active stocks in the market, reflecting heightened trading activity and investor interest. The company is likely experiencing fluctuations in its stock price due to various market dynamics and investor sentiment. This increased activity may indicate potential developments or changes within the company or its sector that are attracting attention from traders and investors alike. Increased trading activity suggests moderate influence on market sentiment and potential financial performance.
13 Jan
Icon Energy Corp. has announced a capital raise under the SEPA, aiming to enhance its financial position and support future growth initiatives. The company plans to utilize the funds for strategic investments and operational enhancements, which are expected to bolster its market presence and competitive edge. The capital raise is a significant strategic move that could enhance the company's financial stability and growth prospects.
6 Jan
Icon Energy Corp. has announced a reverse stock split aimed at increasing the per-share price of its common stock. The split will be executed at a ratio of 1-for-10, meaning that every ten shares will be consolidated into one share. This decision is intended to enhance the company's marketability and attract institutional investors. The reverse split is expected to be effective on a specified date, pending regulatory approvals. Shareholders will receive a proportional reduction in the number of shares they hold, but their overall ownership percentage will remain unchanged. The reverse stock split may improve market perception and attract investors, but its overall impact on long-term performance is expected to be limited.
18 Dec
Icon Energy Corp. has announced a share repurchase program aimed at enhancing shareholder value. The program allows the company to buy back up to 10% of its outstanding shares over the next 12 months. This strategic move is intended to optimize the capital structure and potentially increase earnings per share. The decision reflects the company's confidence in its financial position and future growth prospects. The share repurchase program is a significant strategic move that could enhance shareholder value and positively influence market sentiment.
17 Dec
Icon Energy Corp. has provided a commercial update highlighting recent developments in its operations and strategic initiatives. The company is focusing on enhancing its market position and exploring new opportunities to drive growth. Key metrics and performance indicators were shared, reflecting the company's ongoing efforts to optimize its resources and expand its footprint in the energy sector. Recent developments may moderately influence the company's financial performance and competitive positioning.
25 Nov
Icon Energy Corp. (ICON) has been identified as one of the most active stocks in the market, reflecting heightened trading activity and investor interest. The company's recent developments and market movements have contributed to its visibility among investors, indicating potential shifts in market sentiment and trading dynamics. Increased trading activity suggests a moderate influence on market sentiment and potential financial performance.
24 Nov
Icon Energy Corp. has announced updates related to the SEPA, detailing progress and developments that may influence its operational strategies and market positioning. The company is focusing on enhancing its initiatives and aligning with regulatory requirements to optimize its performance in the energy sector. Updates regarding SEPA are expected to moderately influence operational strategies and market positioning.
24 Jun
Icon Energy Corp. announced the successful delivery of the M/V Charlie, a 2020-built eco Ultramax dry bulk carrier, on June 21, 2025. The vessel has been chartered out for 9 to 12 months at a floating daily hire rate linked to the Baltic Supramax Index, with additional fuel cost savings for Icon. CEO Ismini Panagiotidi expressed optimism about the vessel's immediate contribution to revenues and the company's focus on expanding its fleet through strategic acquisitions. The delivery and chartering of the M/V Charlie represent a significant strategic move that is expected to enhance revenue and operational capacity.
23 Apr
Icon Energy Corp. reported its financial results for the year ending December 31, 2024, highlighting key performance metrics and declaring a cash dividend of $0.07 per common share, signaling a commitment to returning value to shareholders. The declaration of a cash dividend and financial results may influence investor sentiment and financial performance but are not expected to fundamentally alter the company's trajectory.
29 Mar
Icon Energy Corp. (ICON) will implement a 1-for-40 reverse stock split effective April 1, 2025, as determined by its board of directors. Following a $12M public offering, 99.99% of the warrants have been exercised as of March 27, 2025. The reverse stock split will convert every 40 outstanding common shares into 1 share, with no change in par value or total authorized shares. The common shares will trade on a split-adjusted basis under the existing symbol 'ICON' on the Nasdaq Capital Market, with a new CUSIP number Y4001C 206. The reverse stock split and successful warrant exercise may moderately influence market perception and financial performance.
28 Mar
Icon Energy Corp. announced a reverse stock split to maintain its NASDAQ listing, addressing corporate matters that could impact its market presence. The decision aims to enhance the company's stock price and comply with NASDAQ's minimum bid price requirement. The reverse stock split is a significant strategic move to maintain NASDAQ listing, which could impact investor sentiment and the company's market performance.
24 Mar
Icon Energy Corp. has announced the expansion of its fleet with the acquisition of a 2020-built, scrubber-fitted, eco-friendly Ultramax dry bulk carrier. The company has also secured a time charter contract for this vessel, which is expected to enhance its operational capabilities and efficiency in the dry bulk shipping sector. The fleet expansion and charter contract are significant strategic moves that could enhance operational efficiency and market positioning.
13 Mar
Icon Energy Corp. received a notification from Nasdaq indicating non-compliance with Listing Rule 5550(a)(2) due to its common shares closing below $1.00 for 30 consecutive trading days. The company has a 180-day grace period to regain compliance, during which its shares will continue to trade on Nasdaq. The 2025 Annual General Meeting is scheduled for March 17, 2025, where shareholders will vote on several proposals, including the election of a director and the appointment of auditors. A proposal for reverse stock splits is also on the agenda, providing the board flexibility to maintain Nasdaq listing if necessary. Non-compliance with Nasdaq listing rules could moderately affect market sentiment and the company's financial performance.
24 Jan
ICON Energy Corp. has successfully closed an upsized public offering, raising $12.0 million. The offering was well-received, indicating strong investor interest and confidence in the company's future prospects. The funds raised will be utilized to support ongoing projects and enhance operational capabilities. The successful capital raise is expected to significantly enhance ICON's operational capabilities and strategic initiatives.
Icon Energy Corp. (ICON) has successfully priced an upsized public offering of 9.16 million units at $1.31 each. This move is aimed at raising capital to support the company's growth initiatives and operational strategies. The offering reflects strong investor interest and positions the company for future developments. The capital raised from the offering may enhance financial performance and support growth initiatives, but its overall impact is expected to be limited.
Icon Energy Corp. reported a loss of US$0.69 per share for the third quarter of 2024, a significant decline from a profit of US$0.32 per share in the same quarter of 2023. This marks a notable downturn in the company's financial performance year-over-year. The substantial loss per share indicates a moderately noticeable influence on financial performance and market sentiment.
23 Jan
ICON Energy Corp. has announced the pricing of an upsized public offering totaling $12.0 million. The offering consists of 2.4 million shares priced at $5.00 each, with an option for underwriters to purchase an additional 360,000 shares. The proceeds from the offering are intended to be used for general corporate purposes, including working capital and potential acquisitions. The offering is expected to close on November 1, 2023, subject to customary closing conditions. The public offering may provide necessary capital for growth initiatives, impacting financial performance moderately.
3 Dec
Icon Energy Corp. (ICON) will be presenting at the 77th Emerging Growth Conference on December 4th. The conference presentation may moderately influence the company's future performance and market sentiment.
11 Nov
Icon Energy Corp. reported financial results for the nine-month period ending September 30, 2024, and declared a cash dividend of $0.085 per common share. The financial results and cash dividend declaration may moderately influence investor sentiment and financial performance.
29 Oct
Icon Energy Corp. (ICON) will be presenting at the 76th Emerging Growth Conference on October 30. The conference presentation may moderately influence the company's market performance and future trajectory.
23 Sep
Icon Energy Corp. announces delivery of M/V Bravo and signing of term loan facility for up to $91.5 million. Signing of term loan facility and acquisition of new vessel expected to have significant impact on future growth and operations.
10 Sep
Icon Energy Corp. reports financial results for the six-month period ended June 30, 2024, showing revenue and net income increases compared to the same period in 2023. The article discusses significant financial performance improvements, an IPO, dividend declaration, vessel acquisition, and financing term sheet, all expected to have a major impact on the company's future trajectory.