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CTRM
Upturn stock ratingUpturn stock rating

Castor Maritime Inc (CTRM)

Upturn stock ratingUpturn stock rating
$2.14
Last Close (24-hour delay)
Profit since last BUY-10.84%
upturn advisory
SELL
SELL since 5 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

06/30/2025: CTRM (1-star) is a SELL. SELL since 5 days. Profits (-10.84%). Updated daily EoD!

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $

1 Year Target Price $

Analysts Price Target For last 52 week
$Target price
Low$
Current$2.14
high$

Analysis of Past Performance

Type Stock
Historic Profit 15.24%
Avg. Invested days 28
Today’s Advisory SELL
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 20.77M USD
Price to earnings Ratio 5.66
1Y Target Price -
Price to earnings Ratio 5.66
1Y Target Price -
Volume (30-day avg) -
Beta 0.77
52 Weeks Range 1.98 - 5.49
Updated Date 06/29/2025
52 Weeks Range 1.98 - 5.49
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.38

Earnings Date

Report Date 2025-06-30
When Before Market
Estimate -
Actual -

Profitability

Profit Margin 22.07%
Operating Margin (TTM) -38.61%

Management Effectiveness

Return on Assets (TTM) 0.13%
Return on Equity (TTM) 2.69%

Valuation

Trailing PE 5.66
Forward PE -
Enterprise Value 52786356
Price to Sales(TTM) 0.31
Enterprise Value 52786356
Price to Sales(TTM) 0.31
Enterprise Value to Revenue 0.8
Enterprise Value to EBITDA 1.53
Shares Outstanding 9662350
Shares Floating 9651146
Shares Outstanding 9662350
Shares Floating 9651146
Percent Insiders -
Percent Institutions 4.2

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Castor Maritime Inc

stock logo

Company Overview

overview logo History and Background

Castor Maritime Inc. was founded in 2017. It is a global shipping company that initially focused on dry bulk vessels and later diversified into tanker and container vessels. Its growth has been largely through acquisitions.

business area logo Core Business Areas

  • Dry Bulk Shipping: Transport of dry bulk commodities like iron ore, coal, and grains.
  • Tanker Shipping: Transport of crude oil and refined petroleum products.
  • Container Shipping: Transport of containerized goods.

leadership logo Leadership and Structure

Petros Panagiotidis serves as the Chief Executive Officer. The company has a board of directors and operates through various subsidiary companies that own and manage the vessels.

Top Products and Market Share

overview logo Key Offerings

  • Dry Bulk Shipping: Transport of dry bulk commodities. Market share data is fragmented and difficult to pinpoint for Castor Maritime specifically but the dry bulk market is highly competitive. Competitors: Star Bulk Carriers (SBLK), Golden Ocean Group (GOGL).
  • Tanker Shipping: Transport of oil. Market share data is fragmented and difficult to pinpoint for Castor Maritime specifically. Competitors: Frontline (FRO), Euronav (EURN).
  • Container Shipping: Transport of containerized goods. Market share data is fragmented and difficult to pinpoint for Castor Maritime specifically. Competitors: A.P. Moller - Maersk (AMKBY), CMA CGM.

Market Dynamics

industry overview logo Industry Overview

The shipping industry is highly cyclical and influenced by global trade, economic growth, and geopolitical events. Demand fluctuates based on these factors.

Positioning

Castor Maritime is a smaller player in the shipping industry compared to its larger competitors. Its competitive advantage would be in quick fleet expansion and diversification, if executed well. However, the company lacks significant scale.

Total Addressable Market (TAM)

The TAM for the global shipping market is estimated to be hundreds of billions of dollars. Castor Maritime, being a relatively small player, captures a tiny fraction of this overall market.

Upturn SWOT Analysis

Strengths

  • Fleet diversification (Dry bulk, Tanker, Container)
  • Rapid fleet expansion
  • Experienced management team

Weaknesses

  • Small market capitalization
  • High debt levels
  • Dependence on spot market rates
  • History of Dilution

Opportunities

  • Increasing global trade volumes
  • Acquiring distressed assets at favorable prices
  • Entering new shipping segments (e.g., LNG)
  • Favorable regulatory changes

Threats

  • Economic downturns reducing shipping demand
  • Geopolitical instability
  • Overcapacity in the shipping industry
  • Fluctuations in fuel prices
  • Environmental regulations

Competitors and Market Share

competitor logo Key Competitors

  • SBLK
  • GOGL
  • FRO
  • EURN

Competitive Landscape

Castor Maritime is a smaller player with less established market share compared to competitors like Star Bulk and Frontline. Its advantages lie in its diversified fleet and potentially quicker responsiveness to market opportunities but suffers from a poor track record and stock dilution.

Growth Trajectory and Initiatives

Historical Growth: Growth has been primarily driven by acquisitions of vessels rather than organic growth.

Future Projections: Future growth is contingent on successful integration of acquired assets, favorable shipping rates, and effective debt management. Analyst estimates are mixed.

Recent Initiatives: Recent initiatives include fleet expansion and diversification across different vessel types.

Summary

Castor Maritime is a small shipping company exhibiting a high-risk profile due to its volatile financial performance and high debt. Its strength lies in fleet diversification, but it faces challenges from larger competitors and fluctuating market conditions. The company's growth strategy relies on acquisitions, which introduces integration risks and increases its financial leverage. The frequent stock dilution also is a major red flag. The company should focus on improving its financial stability and optimizing its operations to achieve sustainable growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Industry Reports
  • Financial News Articles

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise. Investment decisions should be based on thorough research and consultation with a financial professional.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Castor Maritime Inc

Exchange NASDAQ
Headquaters -
IPO Launch date 2019-02-11
Founder, Chairman, CEO, CFO, President & Treasurer Mr. Petros Panagiotidis
Sector Industrials
Industry Marine Shipping
Full time employees 155
Full time employees 155

Castor Maritime Inc. operates as a shipping and energy company worldwide. It operates through Dry Bulk, Containership, and Asset Management segments. The company offers seaborne transportation services for dry bulk and containership cargoes; and transportation of commodities, such as iron ore, coal, soybeans, etc. It also provides technical and commercial ship management and energy infrastructure project services. As of December 31, 2024, the company owned and operated a fleet of 13 vessels primarily consisting of four Kamsarmax, five Panamax, and one Ultramax dry bulk vessels, as well as two 2,700 TEU and one 1,850 TEU containerships. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.