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United Maritime Corporation

United Maritime Corporation (USEA)

2.74
0.06
(2.24%)
Closed June 01 4:00PM
2.85
0.11
(4.01%)
After Hours: 6:33PM

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Key stats and details

Current Price
2.85
Bid
2.64
Ask
2.85
Volume
34,712
2.67 Day's Range 2.77
2.01 52 Week Range 3.00
Market Cap
Previous Close
2.68
Open
2.74
Last Trade
50
@
2.8
Last Trade Time
Financial Volume
$ 93,908
VWAP
2.7053
Average Volume (3m)
42,170
Shares Outstanding
8,890,000
Dividend Yield
10.53%
PE Ratio
192.96
Earnings Per Share (EPS)
0.01
Revenue
36.07M
Net Profit
126k

About United Maritime Corporation

United Maritime Corp operates as a shipping company currently specializing in the worldwide seaborne transportation of dry bulk commodities. It currently operates one Capesize dry bulk vessel, with a cargo-carrying capacity of approximately 171,314 dwt. United Maritime Corp operates as a shipping company currently specializing in the worldwide seaborne transportation of dry bulk commodities. It currently operates one Capesize dry bulk vessel, with a cargo-carrying capacity of approximately 171,314 dwt.

Sector
Deep Sea Frn Trans-freight
Industry
Deep Sea Frn Trans-freight
Headquarters
Athens, Attica, Grc
Founded
1970
United Maritime Corporation is listed in the Deep Sea Frn Trans-freight sector of the NASDAQ with ticker USEA. The last closing price for United Maritime was $2.68. Over the last year, United Maritime shares have traded in a share price range of $ 2.01 to $ 3.00.

United Maritime currently has 8,890,000 shares outstanding. The market capitalization of United Maritime is $24.36 million. United Maritime has a price to earnings ratio (PE ratio) of 192.96.

USEA Latest News

United Maritime Reports First Quarter 2024 Financial Results and Declares Quarterly Cash Dividend of $0.075 Per Share

Highlightsย ย (in million USD except LPS)ย Q1 2024Q1 2023Net Revenuesย $10.6$2.8Net Lossย ($1.3)($4.9)Adjusted Net Loss1ย ($1.1)($3.7)EBITDA1ย $3.5($2.7)Adjusted EBITDA1ย $3.7($1.5)ย ย ย ย Loss per share...

United Maritime Announces the Date for the First Quarter Ended March 31, 2024, Financial Results

GLYFADA, Greece, May 21, 2024 (GLOBE NEWSWIRE) -- United Maritime Corporation (the โ€œCompanyโ€ or โ€œUnitedโ€) (NASDAQ: USEA), announced today that it will release its financial results for the first...

United Maritime Announces Availability of its 2023 Annual Report on Form 20-F

GLYFADA, Greece, April 03, 2024 (GLOBE NEWSWIRE) -- United Maritime Corporation (the โ€œCompanyโ€ or โ€œUnitedโ€) (NASDAQ: USEA) announced today that its Annual Report on Form 20-F for the fiscal year...

REMINDER - Leading Dry Bulk & Container Shipping Companies Participating at Capital Linkโ€™s 18th Annual International Shipping Forum Monday, March 11, 2024 in New York City

Attendance is complimentary to investors & qualified attendees.1x1 Meetings Available Upon Request. NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Senior executives from leading publicly...

United Maritime Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2023 and Declares Cash Dividend of $0.075 Per Share

Highlightsย Quarterlyย Full Year(in million USD except EPS)ย Q4 2023Q4 2022ย FY 2023FY 20221Net Revenuesย $11.6ย $14.9ย $36.1$22.8Net (Loss) / Incomeย ($0.7)$36.5ย $0.2$37.5Adjusted Net (Loss) /...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.072.517985611512.782.92.6402666082.78969236CS
40.3413.54581673312.512.92.44381602.69455399CS
120.072.517985611512.7832.33421702.66832453CS
260.35142.532.1528142.63667613CS
520.041.423487544482.8132.01435442.57072481CS
1561.8518518.950.87644644.15429293CS
2601.8518518.950.87644644.15429293CS

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USEA Discussion

View Posts
weedtrader420 weedtrader420 5 months ago
USEA💫😁🤌 $5 TARGET
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UrWHThurtZ UrWHThurtZ 1 year ago
0.075 / share dividend paid.
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Obi-Jan-Kenobi Obi-Jan-Kenobi 1 year ago
Sorry โ€œthe dollarโ€ it should say
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Obi-Jan-Kenobi Obi-Jan-Kenobi 1 year ago
When will we get 5he dollar dividend? Does anybody know?
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UrWHThurtZ UrWHThurtZ 1 year ago
Still nobody talking about this? Still time to get before $1.00 dividend!
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weedtrader420 weedtrader420 1 year ago
U SEA OP
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weedtrader420 weedtrader420 1 year ago
Looking now
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UrWHThurtZ UrWHThurtZ 2 years ago
Nobody follow this one anymore? $1.00 per share cash dividend announced.

โ€œUnited Maritime Corp. shares were up 12% to $3.37 Tuesday after the company said that its board of directors declared
a special cash dividend of $1 a share in connection with the recent profitable sale of its M/T Bluesea and M/T Parosea
vessels.

The international shipping company said the dividend is payable on or about Jan. 10 to the common shareholders of
record as of Dec. 12.

The vessels were delivered to the company in August and subsequently sold to an unaffiliated third party at a
significant premium. The M/T Parosea was delivered to its new owners on Nov. 8, and the delivery of the M/T Bluesea is
expected to be completed in early December.

The stock has more than doubled over the past three months.โ€
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DawgTrading DawgTrading 2 years ago
WOW cool link

https://www.marinetraffic.com/en/ais/home/centerx:-12.0/centery:25.0/zoom:4

I wonder if we could see USEAs tankers on the map... im going to see if at any way its possible.
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DawgTrading DawgTrading 2 years ago
Good grabs, ive been in and out of this one... back in, might have an excelletn future here... buyback news, tankers being delivered. The storm is calming and the money should be flowing easier now.
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PStockPickz PStockPickz 2 years ago
Grabbing some $1.41s nice buyback news today
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wickerman wickerman 2 years ago
$USEA which to Greek shipping dilution scams means nothing...I've been telling people that their whole business is siphoning US retail dollars into Greece to buy their shiny new ships for over a decade now. About 10 have been delisted after Nasdaq wouldn't let them reverse split anymore.

This will drop under $1 like all the others and just keep repeating the cycle.
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mplscubfan mplscubfan 2 years ago
Looking good today
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mplscubfan mplscubfan 2 years ago
AMAZING discount to the recent public offering at 3.25!!
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DawgTrading DawgTrading 2 years ago
Eying closely, didnt load up too too heavy but have a few if it rises like it did before then win for all who didnt capitulate at these levels below 2.
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mplscubfan mplscubfan 2 years ago
Should be a great week here. Offering closed at 3.25!!
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DawgTrading DawgTrading 2 years ago
Time to move up, back to base from this morning.
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wickerman wickerman 2 years ago
$USEA yep and a new layer of bagholders remember that Greek shippers dilute into their own news the hardest.
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mplscubfan mplscubfan 2 years ago
Deal closed!!!!
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wickerman wickerman 2 years ago
No they haven't I bet there's another one close behind it.

Disclosure: Short from mid $5's > Greek shipping scam.
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Sprincenatu Sprincenatu 2 years ago
Did they close the offering?
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wickerman wickerman 2 years ago
As part of the "spinoff" $SHIP holders were gifted 80 cent $USEA shares they've been unloading..so one Greek dilution scam spins off another this must be their new tactic.
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Sprincenatu Sprincenatu 2 years ago
You are extremely rude!
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OmegaMoney29 OmegaMoney29 2 years ago
Those that follow you loose money too
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OmegaMoney29 OmegaMoney29 2 years ago
You sound really stupid ?? good luck with whatever it is your doing on this board meathead
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Sprincenatu Sprincenatu 2 years ago
Those that bought last Friday were deceived to believe that it was going to be $7.5โ€ฆ
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Sprincenatu Sprincenatu 2 years ago
When is that miracle supposed to happen? So far, they changed the offering price from $7.5 to $3.25โ€ฆ
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Alice-N-Wonderland Alice-N-Wonderland 2 years ago
Borrow Rate over 600% with zero shares available to short.
If this gets volume and doesn't go up, then there is nothing right, left in the stock market.

https://fintel.io/ss/us/usea
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Alice-N-Wonderland Alice-N-Wonderland 2 years ago
The Company has 8,862,004 Common Shares issued and outstanding as of the date hereof, reflecting the exercise of certain of the Pre-Funded Warrants issued in the Offering.


https://sec.report/Document/0001140361-22-026528/#ny20004194x16_6k.htm
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OmegaMoney29 OmegaMoney29 2 years ago
Where u see July 20. That's false
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OmegaMoney29 OmegaMoney29 2 years ago
No set time patience
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Sprincenatu Sprincenatu 2 years ago
Was not it supposed to close yesterday?
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OmegaMoney29 OmegaMoney29 2 years ago
Let's see if offering closes after hours. ?? to 4$
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subslover subslover 2 years ago
United Maritime Announces Pricing of $26.0 Million Public Offering
July 18 2022 - 09:10AM
GlobeNewswire Inc.
Alert
Print
Tweet Share On Facebook

United Maritime Corporation (the โ€œCompanyโ€) (NASDAQ: USEA), an international shipping company specializing in worldwide seaborne transportation services, announced today the pricing of a public offering of 8,000,000 units at a price of $3.25 per unit. Each unit consists of one common share (or pre-funded warrant in lieu thereof) and one Class A warrant to purchase one common share, and will immediately separate upon issuance. The gross proceeds of the offering to the Company, before discounts and commissions and estimated offering expenses, are expected to be approximately $26.0 million.
Each Class A warrant is immediately exercisable for one common share at an exercise price of $3.25 per share and will expire five years from issuance. The offering is expected to close on or about July 20, 2022, subject to customary closing conditions.

Maxim Group LLC is acting as the sole placement agent in connection with the offering.

The offering is being conducted pursuant to the Company's registration statement on Form F-1 (File No. 333-266099) previously filed with and subsequently declared effective by the Securities and Exchange Commission (โ€œSECโ€) on July 18, 2022. A final prospectus relating to the offering will be filed with the SEC and will be available on the SECโ€™s website at http://www.sec.gov. Copies of the final prospectus relating to this offering, when available, may be obtained from Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, NY 10022, at (212) 895-3745.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About United Maritime Corporation

United Maritime Corporation is an international shipping company specializing in worldwide seaborne transportation services. Upon delivery of its newly-acquired vessels, the Companyโ€™s fleet will consist of four tanker vessels and one dry bulk vessel with an aggregate cargo carrying capacity of approximately 617,014 dwt.

The Company is incorporated under the laws of the Republic of the Marshall Islands and has executive offices in Glyfada, Greece. The Company's common shares trade on the Nasdaq Capital Market under the symbol โ€œUSEAโ€.

Please visit the Companyโ€™s website at: www.unitedmaritime.gr

Forward-Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events. Words such as "may", "should", "expects", "intends", "plans", "believes", "anticipates", "hopes", "estimates" and variations of such words and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These statements involve known and unknown risks and are based upon a number of assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, shipping industry trends, including charter rates, vessel values and factors affecting vessel su
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wickerman wickerman 2 years ago
It sure is a violation but that's how they operate and the SEC seems to care less as long as their filings are up to date where they tell everyone in plain English how they intend to rob anyone who invests.

I can name tens of them that have long been delisted I remember $NEWL was a real beauty.
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Sprincenatu Sprincenatu 2 years ago
In the previous filing,they said that the public offering is going to be at $7.50 per unit. Today, they announced $3.25 per unitโ€ฆ That is a violation!
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wickerman wickerman 2 years ago
$USEA another Greek shipping scam pumped and dumped they'll keep doing offerings until under $1 then R/S and repeat.

https://www.marketwatch.com/story/united-maritime-prices-public-offering-of-8-million-units-271658150318
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THEMASTERS_SON THEMASTERS_SON 2 years ago
Picked up 75k for a $5 sellโ€ฆ
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THEMASTERS_SON THEMASTERS_SON 2 years ago
8M OFFERING NEWS 3.25 (THANKS FOR $2โ€™s)
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THEMASTERS_SON THEMASTERS_SON 2 years ago
,,,,,,,TO DA MOOOON!!!!!!
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THEMASTERS_SON THEMASTERS_SON 2 years ago
,,,,,,,USEA everything that pos IMPP WASโ€ฆNOT!!!
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mplscubfan mplscubfan 2 years ago
FOMO about to kick in for the next 1 1/2 hours!! $6 is a laughable bargain.
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jchords jchords 2 years ago
What a move
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subslover subslover 2 years ago
This one is a gem! When this kind of stock goes down on pure profit taking its time to buy. Trading this stock will keep us in new cars and tropical vacations. :)
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DawgTrading DawgTrading 2 years ago
Wow that snapback! Didnt earn on this but amazing to see.
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THEMASTERS_SON THEMASTERS_SON 2 years ago
DOUBLE DIGITS COMETH!
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THEMASTERS_SON THEMASTERS_SON 2 years ago
,,,,,,,TALENT ON LOAN FROM GOD!!!!!~~MONEYMADE-THANKS
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THEMASTERS_SON THEMASTERS_SON 2 years ago
,,,,,,,BUY BUY BUY!!!!!!! $7M~MARKETCAP-MONEYMADE
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THEMASTERS_SON THEMASTERS_SON 2 years ago
,,,,,,,Fast is good.
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subslover subslover 2 years ago
Went up too fast but now back to fresh new highs
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