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OceanPal Inc. (SVRN)

Industrials | Marine Shipping | Athens, Greece | NasdaqCM
8.75 USD -0.06 (-0.625%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 8.93 +0.19 (2.115%) ⇧ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★★★☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 1:41 a.m. EDT

The immediate price action tells a compelling story of a speculative rebound, with the stock surging from roughly $6 to nearly $8 in just two weeks, outperforming its 50-day average and showing signs of building momentum above key support levels. This recent rally suggests active buying interest, likely driven by the news of a reverse stock split and insider investment, creating a high-conviction setup for a short-term momentum play where the trend appears to be accelerating. However, this technical strength masks a catastrophic fundamental reality: the company has lost 99.99% of its value over the last three years, trading at a negative earnings per share of nearly $190 and reporting a 37% contraction in revenue. The balance sheet is a hollow shell with massive losses and no meaningful earnings power, rendering any long-term ownership a value trap rather than a bargain. Furthermore, there is no dividend income to offset the capital destruction, making this a pure speculation on a turnaround that the current financials do not yet support.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.108279
AutoETS0.108302
AutoARIMA0.108302
MSTL0.112013

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 32%
H-stat 1.91
Ljung-Box p 0.000
Jarque-Bera p 0.127
Excess Kurtosis -1.40
Attribute Value
Sector Industrials
Ex Dividend Date 2022-08-10
Last Dividend Date 2022-08-10
Revenue per Share 34.8
Market Cap 16,404,011
Beta 1.46
Website https://www.oceanpal.com

Dividend Data

Dividend History
Date Dividend Yield %
2022-08-11 10000.0 2.164502
2022-06-13 10000.0 1.824818
2022-03-31 50000.0 6.622517
Additional Data
exDividendDate 2022-08-11
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 10000.0
lastDividendDate 2022-08-11
dividendDate 2022-08-31

Info Dump

Attribute Value
52 Week Change -0.61739135
Address1 Pendelis 26
Address2 Palaio Faliro
All Time High 12,090,000.0
All Time Low 3.12
Ask 9.0
Ask Size 1
Average Daily Volume10 Day 10,510
Average Daily Volume3 Month 12,535
Average Volume 12,535
Average Volume10Days 10,510
Beta 1.46
Bid 7.22
Bid Size 5
Book Value 207.391
City Athens
Country Greece
Crypto Tradeable 0
Currency USD
Current Price 8.745
Current Ratio 13.348
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 8.99
Day Low 8.5042
Display Name OceanPal
Dividend Date 1,661,904,000
Ebitda -22,170,000
Ebitda Margins -1.65448
Enterprise To Ebitda 1.2
Enterprise To Revenue -1.985
Enterprise Value -26,596,686
Eps Trailing Twelve Months -181.8
Esg Populated 0
Ex Dividend Date 1,660,176,000
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 7.59652
Fifty Day Average Change 1.1484799
Fifty Day Average Change Percent 0.151185
Fifty Two Week Change Percent -61.739136
Fifty Two Week High 47.56
Fifty Two Week High Change -38.815002
Fifty Two Week High Change Percent -0.816127
Fifty Two Week Low 3.12
Fifty Two Week Low Change 5.625
Fifty Two Week Low Change Percent 1.8028847
Fifty Two Week Range 3.12 - 47.56
Financial Currency USD
First Trade Date Milliseconds 1,638,282,600,000
Float Shares 605,376
Full Exchange Name NasdaqCM
Fullday Change -0.0550003
Fullday Change Percent -0.625003
Fullday Price 8.93
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.27612
Gross Profits 3,700,000
Has Pre Post Market Data 1
Held Percent Insiders 0.28077
Held Percent Institutions 0.028299998
Implied Shares Outstanding 1,875,816
Industry Marine Shipping
Industry Disp Marine Shipping
Industry Key marine-shipping
Language en-US
Last Dividend Date 1,660,176,000
Last Dividend Value 10,000.0
Last Fiscal Year End 1,767,139,200
Last Split Date 1,774,828,800
Last Split Factor 1:20
Long Business Summary OceanPal Inc. provides ocean-going transportation services worldwide. It owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including steel products, cement, and fertilizers. As of December 31, 2023, the company's fleet consists of three Panamax dry bulk carriers with a total cargo carrying capacity of approximately 223,546 dwt; and one MR2 product tanker vessel with a carrying capacity of 49,999 dwt. OceanPal Inc. was incorporated in 2021 and is based in Athens, Greece.
Long Name OceanPal Inc.
Market us_market
Market Cap 16,404,011
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1685639413
Most Recent Quarter 1,767,139,200
Net Income To Common -70,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 16,507,180
Open 8.9
Operating Margins -2.8692498
Payout Ratio 0.0
Phone 30 210 94 85 360
Post Market Change 0.18500042
Post Market Change Percent 2.1154995
Post Market Price 8.93
Post Market Time 1,787,959,806
Previous Close 8.8
Price Hint 2
Price To Book 0.04216673
Price To Sales Trailing12 Months 1.22418
Profit Margins 0.0
Quick Ratio 4.146
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.055000305
Regular Market Change Percent -0.62500346
Regular Market Day High 8.99
Regular Market Day Low 8.5042
Regular Market Day Range 8.5042 - 8.99
Regular Market Open 8.9
Regular Market Previous Close 8.8
Regular Market Price 8.745
Regular Market Time 1,787,947,200
Regular Market Volume 10,319
Return On Assets -0.13728
Return On Equity -0.54115003
Revenue Growth -0.374
Revenue Per Share 34.8
Sand P52 Week Change 0.20504117
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Shares Outstanding 1,875,816
Shares Percent Shares Out 0.0032
Shares Short 5,935
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 3,807
Short Name OceanPal Inc.
Short Percent Of Float 0.0032
Short Ratio 0.51
Source Interval 15
Symbol SVRN
Total Cash 33,200,000
Total Cash Per Share 43.968
Total Debt 0
Total Revenue 13,400,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -181.8
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 13.30507
Two Hundred Day Average Change -4.56007
Two Hundred Day Average Change Percent -0.34273177
Type Disp Equity
Volume 10,319
Website https://www.oceanpal.com
Zip 175 64