Seanergy Maritime (NASDAQ:SHIP) versus Himalaya Shipping (NYSE:HSHP) Head-To-Head Review

Seanergy Maritime (NASDAQ:SHIP) and Himalaya Shipping (NYSE:HSHP) are both small-cap transportation companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, risk, valuation, institutional ownership, profitability, analyst recommendations and dividends.

Volatility and Risk

Seanergy Maritime has a beta of 0.64, meaning that its stock price is 36% less volatile than the S&P 500. Comparatively, Himalaya Shipping has a beta of 2.38, meaning that its stock price is 138% more volatile than the S&P 500.

Valuation & Earnings

This table compares Seanergy Maritime and Himalaya Shipping”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Seanergy Maritime	$110.23 million	2.28	$2.28 million	$0.80	15.18
Himalaya Shipping	$83.35 million	4.17	$1.51 million	N/A	N/A

Seanergy Maritime has higher revenue and earnings than Himalaya Shipping.

Profitability

This table compares Seanergy Maritime and Himalaya Shipping’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Seanergy Maritime	20.12%	12.42%	6.02%
Himalaya Shipping	N/A	N/A	N/A

Analyst Recommendations

This is a summary of current ratings for Seanergy Maritime and Himalaya Shipping, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Seanergy Maritime	0	0	1	1	3.50
Himalaya Shipping	1	0	0	0	1.00

Seanergy Maritime currently has a consensus target price of $12.50, suggesting a potential upside of 2.97%. Given Seanergy Maritime’s stronger consensus rating and higher probable upside, research analysts clearly believe Seanergy Maritime is more favorable than Himalaya Shipping.

Institutional & Insider Ownership

29.4% of Seanergy Maritime shares are held by institutional investors. Comparatively, 22.3% of Himalaya Shipping 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, endowments and hedge funds believe a company will outperform the market over the long term.

Dividends

Seanergy Maritime pays an annual dividend of $0.10 per share and has a dividend yield of 0.8%. Himalaya Shipping pays an annual dividend of $0.60 per share and has a dividend yield of 6.9%. Seanergy Maritime pays out 12.5% of its earnings in the form of a dividend.

Summary

Seanergy Maritime beats Himalaya Shipping on 11 of the 15 factors compared between the two stocks.

About Seanergy Maritime

Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. The company was formerly known as Seanergy Merger Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was incorporated in 2008 and is based in Glyfada, Greece.

About Himalaya Shipping

Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.