United Maritime Corporation USEA

2.72 (0.31) (10.23%) as of 25 Sep
Market cap
$28.9M
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.09
Total sells 0.02
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — 1 — 1 — —
Sell — — — — — — 1 — — 1 — —
Insider Ownership 21.88%

Capital & Financial Ratios

Market Cap 28.90
Revenue 35.50
Net Income (6.21)
Free Cash Flow 57.55
Net Debt 79.32
Current Ratio 0.96
Debt/Equity 1.72
P/E ratio 0.00
P/S ratio 0.70
P/B ratio 0.47
Past 5Y EPS Growth (76.92%)
This Y EPS Growth 195.65%
Next Y EPS Growth (72.73%)
Next 5Y EPS Growth (4.55%)
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield 11.07%
total individual payouts
2027 Powerpack
2026 0.40
0.10
0.10
0.10
2025 0.14
0.01
0.01
0.03
0.09
2024 0.30
0.08
0.08
0.08
0.08
2023 0.30
1.00
0.08
0.08
0.08
0.08
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 14 6 15 12
Receivables 0 1 2 2
Inventory 1 1 0 1
Other 4 15 16 16
19 24 33 31
2023 2024 2025 Q'26
Payables 3 2 2 2
ST’ Debt 9 18 14 14
Other — — — 0
53 34 49 32
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 55.74% 18.37%
Cash Flow — 0.00% (34.51%)
Earnings — 0.00% 0.00%
Book Value — 50.51% (4.37%)

Revenue

Mar Jun Sep Dec Year
’26 8 10 — — —
’25 8 12 11 7 38
’24 11 12 12 11 45
’23 3 10 12 12 36
’22 — — 8 15 23
’21 — — — — 7
’20 — — — — 4
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — 4 — — —
’25 — 0 0 2 2
’24 2 5 2 (3) 3
’23 (4) 3 (6) 1 (6)
’22 — (1) 1 8 8
’21 — — — 4 4
’20 — — — 0 0
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — 6 — — —
’25 — 16 34 2 52
’24 2 5 22 (3) 23
’23 (4) (60) (6) (43) (50)
’22 — (1) 1 27 27
’21 — — — 4 4
’20 — — — 0 0
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.02) 0.11 — — —
’25 (0.52) 0.11 0.12 (0.42) (0.70)
’24 (0.15) 0.07 (0.10) (0.21) (0.38)
’23 (0.64) (0.37) 0.91 (0.08) 0.02
’22 — — 0.09 3.55 5.14
’21 — — — — 0.18
’20 — — — — 0.09
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — — 0.80 2.01 1.63 1.00

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — — 8.95 4.51 3.00 2.22
High Price
— — — — — 2 2 2 6 3
Employees
— — — 0 0 4 11 18 8 13
Revenue/Emp
— — — 7 4 7 23 36 45 38
Revenue
— — — 70.20% 52.14% 68.81% 77.27% 43.61% 56.55% 58.57%
Gross Margin
— — — 0 1 2 37 0 (3) (6)
EBT
— — — (4.00%) 26.46% 29.35% 164.55% 0.61% (7.45%) (16.45%)
EBT Margin
— — — 0 1 2 37 0 (3) (6)
Net Income
— — — 1 1 1 2 10 14 11
Depreciation
— — — 0.56 0.34 0.60 5.06 4.31 5.22 4.26
Revenue/Sh
— — — (0.02) 0.09 0.18 8.58 0.02 (0.39) (0.70)
Earnings/Sh
— — — 0.05 (0.04) 0.30 1.75 (0.75) 0.37 0.25
Cash Flow/Sh
— — — 0.00 0.00 0.00 4.26 (5.29) 2.29 5.61
Capex/Sh
— — — 0.05 (0.04) 0.29 6.01 (6.04) 2.67 5.86
Free CF/Sh
— — — 0.00 0.59 0.57 14.34 7.88 6.90 6.37
Book Value/Sh
— — — 12 12 12 5 8 9 9
Shares
— — — 0.69 0.69 0.69 0.69 0.00 0.00 0.00
PE Ratio
— — — 0.00 0.00 0.00 0.00 0.59 0.33 0.40
PS Ratio
— — — 0.00 0.00 0.00 0.42 0.32 0.25 0.27
PB Ratio
— — — 0.00 0.00 0.00 0.00 2.00 2.30 1.28
EV/Sales
— — — 1.74 1.74 1.74 0.50 (0.77) (5.58) 0.99
EV/FCF
— — — 1 0 4 8 (6) 3 2
Op' Cash Flow
— — — 0 0 0 19 (44) 20 50
Capex
— — — 1 0 4 27 (50) 23 52
FCF
— — — — (1) (1) 35 (34) (9) (16)
Working Cap'
— — — — 6 5 43 65 96 48
Total Debt
— — — — 6 5 (12) 51 89 33
Net Debt
— — — 0 7 7 65 66 60 56
Sh' Equity
— — — 0.00% 15.65% 15.86% 50.45% 0.08% (1.95%) (3.98%)
ROA
— — — 0.00% 1.45% 15.63% 48.27% 3.79% 2.02% (0.32%)
ROIC
— — — 0.00% 0.00% 30.24% 97.99% 0.19% (5.37%) (10.62%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

United Maritime Corporation peers in Marine Shipping

All 38 Marine Shipping stocks →

United Maritime Corporation (USEA) key facts

  • United Maritime Corporation (USEA) is a Marine Shipping company in the Industrials sector, listed on Nasdaq.
  • United Maritime Corporation’s revenue for fiscal 2025 (year ended December 2025) was $37.8 million, down 16.8% from fiscal 2024.
  • As of September 25, 2026, USEA traded at $2.72, a market capitalization of $28.9 million.
  • Return on equity was −10.6% and debt-to-equity 1.72.

Source: company filings (standardised) and stockrow calculations.

United Maritime Corporation (USEA) Latest News

News by impact score

Fine-tune

30 Jul

4 transcript

United Maritime Corp (USEA) Q2 2026 earnings call highlighted strategic fleet shift to drive performance. Strategic fleet shift constitutes major operational change likely to significantly alter company trajectory.

21 May

3

United Maritime Corporation posted improved first quarter 2026 financial results and declared a quarterly cash dividend of $0.10 per share. Positive quarterly results plus dividend declaration can lift near-term investor sentiment and share price without reshaping long-term strategy.

7 Apr

3

United Maritime Corporation's leadership shares insights on navigating the shipping industry's future in Q1 2026, highlighting strategic visions and market outlook. Leadership insights on shipping future moderately influence strategic positioning and investor sentiment without fundamental changes.

12 Mar

4

United Maritime Corp (USEA) Q4 2025 earnings call highlights navigating challenges in operations and market conditions. Q4 2025 earnings highlights on challenges signal significant potential shifts in financial performance and investor outlook.

4

United Maritime Corporation (USEA) summarized its Q4 2025 earnings call, detailing financial performance, operational highlights, dividends, and outlook amid shipping market dynamics. Q4 earnings summaries disclose critical financial metrics, guidance, and strategic updates that significantly influence investor sentiment and stock trajectory.

4 transcript

United Maritime Corporation (USEA) released its Q4 2025 earnings call transcript, detailing financial performance, operational updates, and forward guidance. Q4 2025 earnings transcript reveals financial results and strategic outlook that significantly shape investor sentiment and stock trajectory.

4

United Maritime Corporation (USEA) reported fourth quarter and full-year 2025 financial results. Quarterly and annual financial results disclosure typically drives substantial shifts in investor sentiment and stock performance.

17 Feb

4

United Maritime Corporation (USEA) executed value-accretive transactions, generating significant liquidity and investing in the Capesize sector. Value-accretive transactions generate significant liquidity and Capesize investments, representing major strategic moves to enhance financial position and market performance.

3

United Maritime Corporation (NASDAQ:USEA) has a low Return On Capital Employed (ROCE) of 4.2%, significantly underperforming the shipping industry average of 10%. Although the company has increased its revenue and capital employed, its ROCE has declined from 19% over the past three years. The rise in current liabilities, now 36% of total assets, distorts the ROCE figure. Despite these challenges, the company is reinvesting for growth, which may benefit shareholders in the long run. However, the stock has fallen 27% over the past year, indicating potential investment opportunities, albeit with associated risks. The decline in ROCE and increased liabilities suggest moderate challenges, but reinvestment for growth could positively influence future performance.

17 Dec

3

Investors in United Maritime Corporation (NASDAQ:USEA) have experienced a 23% loss over the past three years. The company's stock performance has been underwhelming, raising concerns about its future prospects and market position. Analysts are closely monitoring the situation as the maritime industry faces various challenges, including fluctuating demand and operational costs. The significant loss over three years indicates potential challenges in financial performance and market sentiment.

11 Nov

3

United Maritime Corporation (USEA) reported its financial results for the third quarter and nine months ending September 30, 2025. The company highlighted key metrics, including revenue growth and operational performance, reflecting its strategic initiatives and market positioning. Management provided insights into future expectations and ongoing projects, emphasizing a commitment to enhancing shareholder value. Financial results indicate moderate growth and operational stability, which may influence market sentiment but are not expected to drastically change the company's trajectory.

15 Oct

3

United Maritime Corporation (USEA) faces scrutiny regarding its returns on capital, raising concerns about its financial performance and operational efficiency. Analysts suggest that the company's capital allocation strategies may not yield favorable outcomes, potentially impacting investor confidence and market perception. The article emphasizes the need for caution among investors considering USEA's future prospects. Concerns about capital returns may moderately influence investor sentiment and financial performance.

30 Sep

4

United Maritime Corporation (USEA) has successfully completed the strategic divestment of its oldest Capesize vessel, marking a significant step in its fleet modernization efforts. This sale aligns with the company's strategy to enhance operational efficiency and focus on newer, more profitable vessels. The transaction is expected to positively impact USEA's financial performance and streamline its operations. The divestment of older vessels is a significant strategic move that can enhance operational efficiency and improve financial performance.

18 Sep

3

United Maritime Corporation (USEA) is set to participate in the 17th Annual Capital Link New York Maritime Forum, joining global leaders in the maritime industry. The event will focus on key trends, challenges, and opportunities within the sector, providing a platform for networking and discussions on the future of maritime operations. USEA's involvement highlights its commitment to engaging with industry stakeholders and staying informed on market developments. Participation in industry forums can enhance networking and strategic insights, potentially influencing USEA's competitive positioning.

14 Aug

3

United Maritime Corporation (USEA) is preparing for an upcoming dividend, prompting investors to consider three critical checks before purchasing shares. These checks include evaluating the company's financial health, understanding the sustainability of its dividend payments, and assessing market conditions that could impact future performance. Investors are advised to conduct thorough research to ensure informed decision-making regarding their investments in USEA. The upcoming dividend and associated checks may moderately influence investor sentiment and financial performance.

6 Aug

4

United Maritime Corporation (USEA) reported its financial results for the second quarter and first half of 2025, highlighting key metrics such as revenue, net income, and operational performance. The company demonstrated growth compared to previous periods, driven by increased demand in the maritime sector and effective cost management strategies. Management expressed optimism about future prospects, citing ongoing investments in fleet expansion and sustainability initiatives. The results reflect a positive trajectory for USEA amidst a recovering market environment. The financial results indicate significant growth and strategic investments that could alter the company's future performance.

4

United Maritime Corporation reported financial results for Q2 and six months ended June 30, 2024, with net revenues of $12.4 million and a quarterly dividend of $0.075 per share declared. Financial results and strategic initiatives are expected to significantly impact USEA's future performance and market positioning.

24 May

3

United Maritime Corporation's estimated fair value is US$1.21, with its current share price at US$1.27, indicating it is trading near fair value. A two-stage Discounted Cash Flow (DCF) model estimates the company's total equity value at US$11 million, factoring in future cash flows and a terminal value. The analysis highlights the importance of assumptions in valuation, noting risks such as unprofitable operations and debt coverage issues. Despite these concerns, the company has a sufficient cash runway and recent insider buying activity. The DCF model is just one of many tools for assessing investment potential. The valuation analysis indicates moderate influence on United Maritime's financial performance and market sentiment due to its current valuation and cash flow projections.

3

United Maritime Corporation (NASDAQ:USEA) reported a net loss of US$4.49 million for Q1 2025, a 235% increase from the previous year, with a loss per share of US$0.52 compared to US$0.15 in Q1 2024. Revenue fell by 27% to US$7.75 million, and forecasts indicate a further decline of 1.2% annually over the next two years. The company's shares have decreased by 4.5% in the past week. Four warning signs have been identified regarding the company's financial health. The significant increase in losses and declining revenue may moderately affect investor sentiment and financial performance.

22 May

3

United Maritime Corporation reported Q1 2025 financial results, with net revenues of $7.8 million, down from $10.6 million in Q1 2024, and a net loss of $4.5 million compared to a loss of $1.3 million the previous year. The company declared a quarterly cash dividend of $0.01 per share, marking its tenth consecutive distribution. Despite a challenging dry bulk market, United increased its equity stake in an Energy Construction Vessel joint venture to 30%, aiming to diversify earnings. The fleet's Time Charter Equivalent rate fell to $9,953 per day from $15,165 in Q1 2024, but the company secured 79% of its second quarter days at a higher average rate of $16,835. The financial results indicate a significant decline in revenues and increased losses, but strategic moves in diversification and secured contracts may stabilize future performance.

22 Mar

4

United Maritime Corporation (NASDAQ:USEA) is reducing its dividend from last year's payment to $0.01, resulting in a 2.7% yield. Concerns arise over the sustainability of this dividend as the company is not generating profits or free cash flows. EPS is projected to fall by 78% over the next year, indicating potential unprofitability. The company's dividend history has been inconsistent, with payments decreasing from $0.30 in 2023 to $0.04 recently. Overall, the dividend cuts and lack of earnings growth raise doubts about future income stability. The significant reduction in dividends and projected EPS decline indicate a major shift in the company's financial health and investor sentiment.

28 Jan

4

United Maritime Corporation (USEA) has announced the sale of its oldest Capesize vessel, which is part of its strategy to modernize its fleet. Additionally, the company is extending its share repurchase plan, indicating a commitment to returning value to shareholders. These moves are aimed at enhancing operational efficiency and improving financial performance. The sale of a significant asset and the extension of the share repurchase plan are major strategic moves that could positively influence investor sentiment and the company's future performance.

26 Nov

3

Capital Link Shipping Sectors Webinar Series - December 2024 covering Dry Bulk, Container, Product Tanker, Crude Tanker, LPG, LNG Shipping. Moderately noticeable influence expected on United Maritime Corporation's future and market performance.

3

United Maritime Corporation reported financial results for the third quarter and nine months ended September 30, 2024, and declared a cash dividend of $0.075 per share. The financial results and dividend declaration may moderately influence the company's financial performance and investor sentiment.

21 Nov

4

United Maritime Corporation will release its financial results for the third quarter and nine months ended September 30, 2024 on Tuesday, November 26, 2024. The company operates eight dry bulk vessels and is incorporated in the Republic of the Marshall Islands with executive offices in Glyfada, Greece. The financial results release and potential market impacts are significant for United Maritime Corporation's future performance and investor sentiment.

18 Nov

4

Investors in United Maritime Corporation (NASDAQ:USEA) have unfortunately lost 0.2% over the last year as the share price dropped 11% despite the market returning 32%. The significant drop in share price and earnings per share, along with the negative total shareholder return, indicate a potentially significant impact on the company's future and market performance.

1 Oct

4

Dockworkers at ports on the East and Gulf Coasts are on strike, negatively affecting the US supply chain and diverting cargo flows. The strike, along with other disruptions, will severely impact the flow of consumer goods, potentially leading to billions of dollars in losses per week. The strike and disruptions are expected to have a significant impact on United Maritime Corporation's future and market performance due to the potential billions of dollars in losses per week.

16 Aug

3

United Maritime Corporation's returns on capital have decreased over the last three years, but the company is pursuing growth and reinvesting in its operations. The article highlights a moderate influence on United Maritime's future performance due to the company's pursuit of growth despite declining returns.

1 Aug

3

United Maritime Corporation will release its financial results for the second quarter and six months ended June 30, 2024, on August 6, 2024, before the market opens in New York. A conference call and webcast to review the results will be held on the same day at 12:00 p.m. Eastern Time. The financial results release and conference call may moderately influence key areas such as financial performance and market sentiment.

8 Jul

4

Leading shipowners presented at the 4th Annual Capital Link Decarbonization in Shipping Forum, discussing challenges and opportunities in decarbonization efforts. The forum featured key industry stakeholders addressing crucial issues in transitioning to decarbonization, which could significantly impact United Maritime Corporation's future strategies and competitive positioning.

stockrow.com/USEA · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com