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Home โบ Stocks โบ Castor Maritime Inc. (CTRM) Stock Forecast & Price Prediction Cyprus | NASDAQ | Industrials | Marine Shipping
$2.34
-0.10 (-4.14%)10 Quality Stocks Worth Considering Now
Researching Castor Maritime (CTRM) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
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CTRM has shown a year-to-date change of -14.9% and a 1-year change of -42.8%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for CTRM. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for CTRM.
Date | Firm | Analyst | Rating | Change | Price Target |
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The following stocks are similar to Castor Maritime based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Castor Maritime Inc. has a market capitalization of $22.60M with a P/E ratio of 0.6x. The company generates $76.44M in trailing twelve-month revenue with a 95.5% profit margin.
Revenue growth is -37.4% quarter-over-quarter, while maintaining an operating margin of +7.4% and return on equity of +14.0%.
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Specializes in global dry bulk transportation.
The company acquires, owns, and operates dry bulk vessels to transport commodities like coal, grain, and iron ore. It generates revenue by providing shipping services that facilitate international trade and optimize trade routes based on market opportunities.
Headquartered in Cyprus, Castor Maritime is strategically positioned in the maritime industry, allowing investors to gain exposure to the cyclical nature of dry bulk shipping, influenced by global trade volumes and macroeconomic trends.
Industrials
Marine Shipping
1
Mr. Petros Panagiotidis
Cyprus
2019
Castor Maritime Inc. (NASDAQ: CTRM) completed the sale of the M/V Magic Eclipse, a 2011-built Panamax bulk carrier, on March 24, 2025, to its new owner.
The sale of the M/V Magic Eclipse signals Castor Maritime's asset management strategy, potentially impacting cash flow and investment outlook, influencing stock performance.
Castor Maritime Inc. (NASDAQ: CTRM) has agreed to sell two Panamax vessels for $28 million to entities owned by a family member of its CEO. Transactions approved by independent directors; delivery expected mid-2025.
The sale of vessels to related parties raises potential conflicts of interest, affecting corporate governance perceptions and could influence investor confidence and share valuation.
Castor Maritime Inc. (NASDAQ: CTRM) has acquired 74.09% of MPC Capital's shares through a subsidiary, enhancing its investment portfolio. The deal was announced on December 12, 2024.
Castor Maritime's acquisition of a majority stake in MPC Capital could enhance its asset management capabilities and diversify revenue streams, impacting future profitability and stock performance.
Castor Maritime Inc. (NASDAQ: CTRM) announced the sale of the M/V Ariana A, a 2005-built containership, for $16.5 million, with delivery to the buyer expected in Q1 2025.
Castor Maritime's sale of the M/V Ariana A for $16.5 million indicates asset liquidity, potential cash flow improvements, and strategic asset management, impacting its financial stability and growth prospects.
Castor Maritime Inc. (NASDAQ: CTRM) reported its financial results for Q3 and the first nine months of 2024 on November 7, 2024.
Castor Maritime's quarterly results can indicate financial health and operational performance, influencing stock price and investor sentiment in the shipping sector.
Castor Maritime Inc. (NASDAQ: CTRM) has taken delivery of the M/V Raphaela, a 2008-built 1,850 TEU containership, acquired entirely with cash on hand.
Castor Maritime's acquisition of the M/V Raphaela, financed entirely with cash, strengthens its fleet and may enhance operational capacity, potentially boosting future revenues.
Analyst forecasts for Castor Maritime Inc. (CTRM) are not currently available. The stock is trading at $2.34.
Analyst ratings for CTRM are not currently available. The stock is currently trading at $2.34. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for CTRM are not currently available. The stock is trading at $2.34.
The company acquires, owns, and operates dry bulk vessels to transport commodities like coal, grain, and iron ore. It generates revenue by providing shipping services that facilitate international trade and optimize trade routes based on market opportunities.
Price targets from Wall Street analysts for CTRM are not currently available. The stock is trading at $2.34.
Price targets from Wall Street analysts for CTRM are not currently available. The stock is trading at $2.34.
Analyst ratings for CTRM are not currently available. The stock is trading at $2.34.
Stock price projections, including those for Castor Maritime Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.