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Castor Maritime Inc. (CTRM)

Industrials | Marine Shipping | Limassol, Cyprus | NasdaqCM
2.05 USD -0.10 (-4.651%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 2.09 +0.04 (1.951%) ⇧ (July 13, 2026, 6:07 p.m. EDT)

Short-term:★★⯪☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:20 a.m. EDT

The investment case here is fundamentally broken by a six-year streak of annual declines, culminating in a catastrophic -99.42% loss over the observation window. Despite reporting net income and acquiring vessels, the market has consistently punished the stock, driving the price from over $400 in 2019 to roughly $2 today. The balance sheet shows severe distress with debt-to-equity exceeding 13x and a price-to-book ratio of merely 0.03, indicating the market values the company at less than 3% of its book value due to perceived insolvency risks or structural decline. There is no dividend to provide income, and the options market is screaming 'sell' with heavy put buying and almost no call interest. While the trailing P/E looks attractive mathematically, it is a value trap built on a foundation of continuous erosion. The recent price action shows some volatility but remains trapped below key moving averages, confirming the bearish trend. Avoid this security until there is undeniable proof of a reversal in the multi-year downtrend.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.046698
AutoETS0.046765
MSTL0.053876
AutoTheta0.056280

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 42%
H-stat 0.27
Ljung-Box p 0.000
Jarque-Bera p 0.679
Excess Kurtosis -0.55
Attribute Value
Sector Industrials
Debt to Equity Ratio 13.664
Revenue per Share 8.562
Market Cap 19,807,826
Trailing P/E 0.61
Beta 1.19
Profit Margins 103.17%
Website https://www.castormaritime.com

As of July 11, 2026, 5:20 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest dominates across nearly all expirations, with significant volume concentrated in the August 21 expiration where buyers control 101 contracts at the money. Call activity is negligible, with open interest virtually zero for near-term strikes and minimal presence further out. This asymmetry suggests a market consensus expecting continued weakness or a lack of catalysts to drive a rally.


Info Dump

Attribute Value
52 Week Change -0.11157024
Address1 223 Christodoulou Chatzipavlou Street
Address2 Hawaii Royal Gardens
All Time High 1,899.9
All Time Low 1.66
Ask 2.61
Ask Size 2
Average Daily Volume10 Day 46,330
Average Daily Volume3 Month 55,896
Average Volume 55,896
Average Volume10Days 46,330
Beta 1.194
Bid 1.52
Bid Size 2
Book Value 58.514
City Limassol
Country Cyprus
Crypto Tradeable 0
Currency USD
Current Price 2.05
Current Ratio 6.877
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 2.14
Day Low 2.02
Debt To Equity 13.664
Display Name Castor Maritime
Earnings Timestamp 1,780,403,400
Earnings Timestamp End 1,787,747,400
Earnings Timestamp Start 1,787,747,400
Ebitda 15,793,616
Ebitda Margins 0.19091
Enterprise To Ebitda 6.142
Enterprise To Revenue 1.172
Enterprise Value 96,998,776
Eps Trailing Twelve Months 3.37
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.0803
Fifty Day Average Change -0.03030014
Fifty Day Average Change Percent -0.014565274
Fifty Two Week Change Percent -11.157024
Fifty Two Week High 2.654
Fifty Two Week High Change -0.6040001
Fifty Two Week High Change Percent -0.22758104
Fifty Two Week Low 1.66
Fifty Two Week Low Change 0.39
Fifty Two Week Low Change Percent 0.23493975
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
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 0.03916
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 19,807,826
Market State PREPRE
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 20,774,061
Open 2.14
Operating Cashflow 20,390,898
Operating Margins 0.105790004
Payout Ratio 0.0
Phone 357 2 5357767
Post Market Change 0.03999996
Post Market Change Percent 1.9512177
Post Market Price 2.09
Post Market Time 1,783,980,447
Previous Close 2.15
Price Hint 4
Price To Book 0.03503435
Price To Sales Trailing12 Months 0.2394326
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 -0.1
Regular Market Change Percent -4.65117
Regular Market Day High 2.14
Regular Market Day Low 2.02
Regular Market Day Range 2.02 - 2.14
Regular Market Open 2.14
Regular Market Previous Close 2.15
Regular Market Price 2.05
Regular Market Time 1,783,972,801
Regular Market Volume 37,433
Return On Assets 0.00168
Return On Equity 0.16753
Revenue Growth 0.045
Revenue Per Share 8.562
Sand P52 Week Change 0.20847368
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Shares Outstanding 9,662,354
Shares Percent Shares Out 0.0019
Shares Short 17,937
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 8,770
Short Name Castor Maritime Inc.
Short Percent Of Float 0.0019
Short Ratio 0.26
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 3.37
Trailing P E 0.6083086
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.076905
Two Hundred Day Average Change -0.02690506
Two Hundred Day Average Change Percent -0.012954401
Type Disp Equity
Volume 37,433
Website https://www.castormaritime.com
Zip 3,036