Quarterly ResultAug 6, 2026, 04:16 PM
Seanergy Q2 Net Income $26.2M; EPS $1.21; Dividend $0.35
AI Summary
Seanergy Maritime Holdings Corp. reported record second-quarter 2026 financial results, with net income reaching $26.2 million and adjusted EPS of $1.32, significantly up from the prior year. The company declared its 19th consecutive quarterly dividend of $0.35 per share. Seanergy also expanded its fleet renewal program to $591 million for eight modern vessels and successfully completed a €100 million unsecured bond offering to diversify capital resources.
Key Highlights
- Q2 2026 Net Income: $26.2 million, up from $2.9 million in Q2 2025.
- Q2 2026 Adjusted EPS: $1.32, compared to $0.18 in Q2 2025.
- Declared quarterly cash dividend of $0.35 per share.
- Expanded fleet renewal program to $591 million for eight vessels.
- Completed €100 million 5-year unsecured corporate bond offering.
- Q2 2026 Net Revenues: $55.7 million, up from $37.5 million in Q2 2025.
- Q2 2026 Adjusted EBITDA: $41.5 million, up 165% from Q2 2025.
- Acquired two Japanese-built Capesize vessels for $130 million.
Price Impact
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