Castor Maritime Inc. (CTRM)Industrials | Marine Shipping | Limassol, Cyprus | NasdaqCM
2.34 USD
-0.06
(-2.500%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 2.31 -0.03 (-0.030%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:48 a.m. EDT
The investment case for Castor Maritime is currently paralyzed by a severe disconnect between its reported profitability and its market reality. While the company reports a massive profit margin of over 100% and a trailing P/E of less than 1, the stock has erased nearly 99% of its value over the last six years. This suggests the market views these earnings as non-recurring or highly suspect, likely due to the aggressive reverse stock split and the precarious nature of the bulk carrier asset class. The recent acquisition of a 2023-built vessel for $37.5 million adds significant debt load to a balance sheet that already struggles with liquidity concerns relative to its market cap, raising fears of dilution or distress. With zero dividends paid over the last five years and a trailing run of negative annual returns, there is no safety net for investors. The options market confirms this pessimism, with traders buying deep protection rather than betting on a recovery. Until the earnings quality is proven sustainable without the aid of capital restructuring maneuvers, the risk of further downside outweighs the potential for a turnaround. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.069515 |
| MSTL | 0.080194 |
| AutoETS | 0.082062 |
| AutoARIMA | 0.086428 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 39% |
| H-stat | 2.58 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.389 |
| Excess Kurtosis | -1.00 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Debt to Equity Ratio | 13.664 |
| Revenue per Share | 8.562 |
| Market Cap | 22,609,908 |
| Trailing P/E | 0.71 |
| Beta | 1.20 |
| Profit Margins | 103.17% |
| Website | https://www.castormaritime.com |
As of Aug. 22, 2026, 4:48 a.m. EDT: Speculators are positioning exclusively for downside protection with heavy ATM put volume on the nearest expiration, while call activity is negligible and concentrated far out-of-the-money. Implied volatility is significantly elevated for puts compared to calls, indicating a distinct fear of a near-term drop rather than an expectation of a rally.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.1650486 |
| Address1 | 223 Christodoulou Chatzipavlou Street |
| Address2 | Hawaii Royal Gardens |
| All Time High | 1,899.9 |
| All Time Low | 1.66 |
| Ask | 3.0 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 58,630 |
| Average Daily Volume3 Month | 50,670 |
| Average Volume | 50,670 |
| Average Volume10Days | 58,630 |
| Beta | 1.199 |
| Bid | 1.73 |
| Bid Size | 2 |
| Book Value | 58.514 |
| City | Limassol |
| Country | Cyprus |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.34 |
| Current Ratio | 6.877 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 2.44 |
| Day Low | 2.3 |
| Debt To Equity | 13.664 |
| Display Name | Castor Maritime |
| Earnings Timestamp | 1,780,403,400 |
| Earnings Timestamp End | 1,788,438,600 |
| Earnings Timestamp Start | 1,788,438,600 |
| Ebitda | 15,793,616 |
| Ebitda Margins | 0.19091 |
| Enterprise To Ebitda | 6.319 |
| Enterprise To Revenue | 1.206 |
| Enterprise Value | 99,800,856 |
| Eps Trailing Twelve Months | 3.31 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 2.1296 |
| Fifty Day Average Change | 0.21039987 |
| Fifty Day Average Change Percent | 0.09879783 |
| Fifty Two Week Change Percent | 16.50486 |
| Fifty Two Week High | 2.654 |
| Fifty Two Week High Change | -0.31400013 |
| Fifty Two Week High Change Percent | -0.11831203 |
| Fifty Two Week Low | 1.66 |
| Fifty Two Week Low Change | 0.67999995 |
| Fifty Two Week Low Change Percent | 0.40963852 |
| Fifty Two Week Range | 1.66 - 2.654 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,549,895,400,000 |
| Float Shares | 9,651,146 |
| Free Cashflow | 50,241,200 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 123 |
| Fullday Change | -0.0600002 |
| Fullday Change Percent | -2.50001 |
| Fullday Price | 2.31 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.48959 |
| Gross Profits | 40,502,764 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00116 |
| Held Percent Institutions | 0.04486 |
| Implied Shares Outstanding | 9,662,354 |
| Industry | Marine Shipping |
| Industry Disp | Marine Shipping |
| Industry Key | marine-shipping |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,711,497,600 |
| Last Split Factor | 1:10 |
| Long Business Summary | Castor Maritime Inc. operates as a shipping and energy company worldwide. The company operates through Dry Bulk, Containership, and Asset Management segments. It offers seaborne transportation services for dry bulk and containership cargoes; and transportation of commodities, such as iron ore, coal, and soybeans. The company also provides technical and commercial ship management and energy infrastructure project services. As of December 31, 2025, the company owned and operated a fleet of 9 vessels primarily consisting of four Kamsarmax, three Panamax, and one Ultramax dry bulk vessels, as well as one 1,850 TEU containerships. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus. |
| Long Name | Castor Maritime Inc. |
| Market | us_market |
| Market Cap | 22,609,908 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_545900491 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | 76,919,848 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 23,189,649 |
| Open | 2.38 |
| Operating Cashflow | 20,390,898 |
| Operating Margins | 0.105790004 |
| Payout Ratio | 0.0 |
| Phone | 357 2 5357767 |
| Post Market Change | -0.029999971 |
| Post Market Change Percent | -1.2820501 |
| Post Market Price | 2.31 |
| Post Market Time | 1,787,959,806 |
| Previous Close | 2.4 |
| Price Hint | 4 |
| Price To Book | 0.03999043 |
| Price To Sales Trailing12 Months | 0.27330354 |
| Profit Margins | 1.0317 |
| Quick Ratio | 6.099 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.06000018 |
| Regular Market Change Percent | -2.5000074 |
| Regular Market Day High | 2.44 |
| Regular Market Day Low | 2.3 |
| Regular Market Day Range | 2.3 - 2.44 |
| Regular Market Open | 2.38 |
| Regular Market Previous Close | 2.4 |
| Regular Market Price | 2.34 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 52,413 |
| Return On Assets | 0.00168 |
| Return On Equity | 0.16753 |
| Revenue Growth | 0.045 |
| Revenue Per Share | 8.562 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Shares Outstanding | 9,662,354 |
| Shares Percent Shares Out | 0.0029 |
| Shares Short | 28,469 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 23,907 |
| Short Name | Castor Maritime Inc. |
| Short Percent Of Float | 0.0029 |
| Short Ratio | 0.83 |
| Source Interval | 15 |
| Symbol | CTRM |
| Total Cash | 211,702,784 |
| Total Cash Per Share | 21.91 |
| Total Debt | 102,698,752 |
| Total Revenue | 82,728,192 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 3.31 |
| Trailing P E | 0.70694864 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 2.08437 |
| Two Hundred Day Average Change | 0.25563002 |
| Two Hundred Day Average Change Percent | 0.122641385 |
| Type Disp | Equity |
| Volume | 52,413 |
| Website | https://www.castormaritime.com |
| Zip | 3,036 |