USEA
United Maritime Corporation
NasdaqCMUSDEQUITY
Industrials
DELAYED
Neutral
+7/100
Last price
2.67
▲ 0.00 (0.19%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
—
Prev close
2.67
Day high
2.72
Day low
2.63
Volume
38.57K
Market cap
$25.48M
P/E (TTM)
—
52W range
1.42 – 3.20
Trailing performance
Returnvs SPY
1W
+5.95%
+4.0%
1M
-12.17%
-13.3%
3M
+1.52%
-3.0%
6M
+30.24%
+12.1%
YTD
+57.06%
+42.8%
1Y
+58.83%
+42.4%
3Y
+11.25%
-71.0%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on USEA open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
2.36M
Total on file
Fundamentals
Market cap$25.48M
Enterprise value$108.41M
Revenue (TTM)$35.49M
Gross profit$17.41M
EBITDA$8.27M
Net income$-1.74M
EPS (TTM)$-0.20
Free cash flow$-4.36M
Total cash$12.09M
Total debt$94.22M
Book value / share$5.50
Shares outstanding9.54M
Float7.17M
Short % of float18.54%
Dividend yield15.04%
Beta (5Y)0.74
Valuation & profitability ratios
Trailing P/E—
Forward P/E-267.00
PEG ratio—
Price / sales—
Price / book0.49
EV / revenue3.05
EV / EBITDA13.11
Gross margin49.05%
Operating margin18.80%
Profit margin-4.89%
Return on equity-2.97%
Return on assets1.23%
Debt / equity176.88
Current ratio0.96
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $37.78M | $45.44M | $36.07M | $22.78M | -16.8% |
| Operating revenue | $37.78M | $45.44M | $36.07M | $22.78M | -16.8% |
| Cost of revenue | $31.54M | $34.95M | $32.81M | $12.33M | -9.8% |
| Gross profit | $6.25M | $10.49M | $3.26M | $10.46M | -40.5% |
| Selling, general & admin | $4.31M | $4.01M | $6.02M | $5.52M | +7.4% |
| Total operating expense | $6.33M | $6.27M | $7.98M | $6.05M | +1.0% |
| Operating income | -$86.00K | $4.22M | -$4.72M | $4.41M | -102.0% |
| Net interest income | -$6.20M | -$8.10M | -$6.75M | -$2.44M | +23.4% |
| Pre-tax income | -$6.21M | -$3.38M | $221.00K | $37.49M | -83.7% |
| Net income | -$6.19M | -$3.38M | $221.00K | $37.49M | -82.9% |
| Net income to common | -$6.19M | -$3.38M | $126.00K | $35.09M | -82.9% |
| Basic EPS | -0.70 | -0.39 | 0.02 | 7.79 | -79.5% |
| Diluted EPS | -0.70 | -0.39 | 0.02 | 4.92 | -79.5% |
| EBIT | -$390.00K | $4.03M | $6.56M | $39.53M | -109.7% |
| EBITDA | $7.43M | $13.75M | $15.64M | $41.44M | -45.9% |
| Basic shares | 8.87M | 8.71M | 8.36M | 4.50M | +1.8% |
| Diluted shares | 8.87M | 8.79M | 8.36M | 7.30M | +0.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $14.16M | $6.41M | $13.80M | $54.73M | +120.9% |
| Cash & short-term investments | $14.16M | $6.41M | $13.80M | $54.73M | +120.9% |
| Accounts receivable | $1.42M | $1.44M | $252.00K | $779.00K | -1.1% |
| Inventory | $363.00K | $650.00K | $664.00K | $107.00K | -44.2% |
| Total current assets | $33.09M | $24.48M | $19.09M | $59.81M | +35.2% |
| Property, plant & equipment | $85.14M | $138.15M | $152.53M | $50.20M | -38.4% |
| Total assets | $138.68M | $172.07M | $174.81M | $125.66M | -19.4% |
| Total current liabilities | $48.64M | $33.52M | $53.09M | $25.21M | +45.1% |
| Current debt | $14.33M | $17.65M | $8.69M | $7.47M | -18.8% |
| Long-term debt | $33.57M | $61.10M | $55.84M | $35.13M | -45.1% |
| Total debt | $64.84M | $97.72M | $95.95M | $42.61M | -33.7% |
| Total liabilities | $82.22M | $111.98M | $108.94M | $61.09M | -26.6% |
| Retained earnings | $13.45M | $20.91M | $26.95M | $29.37M | -35.7% |
| Shareholder equity | $52.92M | $60.09M | $65.87M | $64.57M | -11.9% |
| Working capital | -$15.55M | -$9.03M | -$34.00M | $34.60M | -72.1% |
| Net tangible assets | $52.92M | $60.09M | $65.87M | $64.57M | -11.9% |
| Shares issued | 9.08M | 8.84M | 8.69M | 8.18M | +2.7% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$6.21M | -$3.38M | $221.00K | $37.49M | -83.7% |
| Depreciation & amortisation | $7.82M | $9.71M | $9.08M | $1.90M | -19.5% |
| Stock-based compensation | $483.00K | $779.00K | $2.52M | $2.79M | -38.0% |
| Change in working capital | -$3.07M | -$7.98M | -$7.38M | $681.00K | +61.5% |
| Operating cash flow | $2.21M | $3.26M | -$6.23M | $7.88M | -32.2% |
| Capital expenditure | -$757.00K | -$249.00K | -$81.75M | -$93.52M | -204.0% |
| Investing cash flow | $40.43M | $7.95M | -$59.14M | $6.49M | +408.6% |
| Share buybacks | -$204.00K | -$469.00K | -$673.00K | -$16.50M | +56.5% |
| Dividends paid | -$1.12M | -$2.64M | -$9.36M | -$243.00K | +57.7% |
| Financing cash flow | -$34.84M | -$18.95M | $9.94M | $55.57M | -83.8% |
| Free cash flow | $1.46M | $3.02M | -$87.98M | -$85.64M | -51.7% |
| End cash position | $14.56M | $6.76M | $14.50M | $69.93M | +115.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $9.99M | $7.95M | $6.59M | $10.97M | $12.47M | +25.8% |
| Operating revenue | $9.99M | $7.95M | $6.59M | $10.97M | $12.47M | +25.8% |
| Cost of revenue | $6.08M | $5.53M | $5.19M | $8.29M | $9.06M | +9.9% |
| Gross profit | $3.91M | $2.42M | $1.40M | $2.67M | $3.41M | +62.1% |
| Selling, general & admin | $1.59M | $1.03M | $1.68M | $1.20M | $792.00K | +54.3% |
| Total operating expense | $2.04M | $1.45M | $2.05M | $1.67M | $1.37M | +40.4% |
| Operating income | $1.88M | $966.00K | -$655.00K | $1.00M | $2.05M | +94.5% |
| Net interest income | -$1.27M | -$1.15M | -$1.07M | -$1.43M | -$1.79M | -10.9% |
| Pre-tax income | $1.16M | -$139.00K | -$3.77M | $1.07M | $978.00K | +934.5% |
| Net income | $1.02M | -$139.00K | -$3.77M | $1.07M | $962.00K | +836.0% |
| Net income to common | $1.02M | -$114.00K | -$3.78M | $1.07M | $962.00K | +997.4% |
| Basic EPS | 0.11 | -0.01 | -0.42 | 0.12 | 0.11 | +1,200.0% |
| Diluted EPS | 0.11 | -0.01 | -0.42 | 0.12 | 0.11 | +1,200.0% |
| EBIT | $2.47M | $1.07M | -$2.59M | $2.56M | $2.79M | +130.4% |
| EBITDA | $2.47M | $1.07M | -$2.59M | $2.56M | $2.79M | +130.4% |
| Basic shares | 9.18M | 8.94M | 8.94M | 8.92M | 8.92M | +2.6% |
| Diluted shares | 9.46M | 8.94M | 8.94M | 8.92M | 8.92M | +5.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $12.14M | $10.13M | $14.16M | $20.12M | $3.45M | +19.8% |
| Cash & short-term investments | $12.14M | $10.13M | $14.16M | $20.12M | $3.45M | +19.8% |
| Accounts receivable | — | — | $1.42M | — | — | — |
| Inventory | — | — | $363.00K | — | — | — |
| Total current assets | $12.14M | $10.13M | $33.09M | $20.12M | $3.45M | +19.8% |
| Property, plant & equipment | $143.50M | $130.22M | $85.14M | $102.79M | $134.62M | +10.2% |
| Total assets | $162.99M | $165.48M | $138.68M | $144.20M | $161.08M | -1.5% |
| Total current liabilities | — | — | $48.64M | — | — | — |
| Current debt | — | — | $14.33M | — | — | — |
| Long-term debt | — | — | $33.57M | — | — | — |
| Total debt | $94.22M | $89.72M | $64.84M | $66.95M | $83.83M | +5.0% |
| Total liabilities | $109.72M | $109.93M | $82.22M | $83.12M | $100.81M | -0.2% |
| Retained earnings | — | — | $13.45M | — | — | — |
| Shareholder equity | $49.72M | $52.00M | $52.92M | $61.07M | $60.27M | -4.4% |
| Working capital | — | — | -$15.55M | — | — | — |
| Net tangible assets | $49.72M | $52.00M | $52.92M | $61.07M | $60.27M | -4.4% |
| Shares issued | 9.08M | 9.54M | 9.08M | 9.14M | 9.20M | -4.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|
| Operating cash flow | $2.31M | $2.10M | -$747.00K | $1.15M | +9.9% |
| Investing cash flow | $2.45M | -$4.48M | $11.58M | -$359.00K | +154.7% |
| Financing cash flow | -$2.65M | -$2.07M | -$10.77M | -$4.16M | -28.1% |
| Free cash flow | $2.31M | $2.10M | -$747.00K | $1.15M | +9.9% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.03 | 0.11 | +266.7% |
| Mar 2026 | -0.12 | -0.01 | +91.7% |
| Dec 2025 | -0.04 | -0.17 | -325.0% |
| Sep 2025 | -0.15 | 0.12 | +180.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.26 | 1 | $10.90M | -0.6% |
| Next quarter | 0.07 | 1 | $9.70M | +47.2% |
| Current year | 0.44 | 1 | $38.60M | +2.2% |
| Next year | 0.12 | 1 | $36.50M | -5.4% |
Analyst targets & ownership
Mean target$4.00
High target$4.00
Low target$4.00
Implied upside49.81%
Analyst count1
ConsensusNONE
Strong buy / Buy1 / 0
Hold0
Sell / Strong sell0 / 0
Held by insiders24.78%
Held by institutions6.41%
Institutions holding16
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
2.73
-2.14% from price
SMA 20
2.88
-7.40% from price
SMA 50
2.80
-4.55% from price
SMA 100
2.68
-0.43% from price
SMA 200
2.33
+14.68% from price
EMA 12
2.75
-3.06% from price
EMA 26
2.81
-4.97% from price
EMA 50
2.78
-4.01% from price
RSI (14)
41.0
Neutral
MACD (12,26,9)
-0.06
Hist -0.04
ATR (14)
0.14
5.27% of price
Realised vol 30D
51.6%
Annualised
Bollinger upper
3.28
20, 2σ
Bollinger lower
2.49
20, 2σ
50 / 200 cross
Golden
2.80 vs 2.33
Trend bias
Above 200
+14.68%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
1.01
More volatile than market
Correlation to SPY
0.28
Largely independent
Realised vol 30D
51.6%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-24.0%
Peak to trough
Max drawdown 5Y
-85.1%
Peak to trough
ATR 14
0.14
5.27% of price
Beta (reported)
0.74
5Y monthly, from filing
Short interest
Shares short
1.33M
Prior 899.98K
Change vs prior
+48.3%
Shorts adding
% of float
18.54%
Elevated
% of shares out
13.99%
Against total outstanding
Days to cover
12.6
Crowded exit
Float
7.17M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jun 26, 24 | Maxim Group | INITIATED | — | Buy |
Dividends & splits
Forward rate$0.40 / yr
Forward yield15.04%
5-year avg yield—
Payout ratio39.47%
Ex-dividend dateSep 25, 2026
Next pay dateOct 9, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-10-02
Corporate Changes & Voting Matters
6-K · 2026-08-07
Offering Registrations
F-3 · 2026-07-13
Corporate Changes & Voting Matters
6-K · 2026-05-22
Corporate Changes & Voting Matters
6-K · 2026-04-09
Periodic Financial Reports
20-F · 2026-04-08
Corporate Changes & Voting Matters
6-K · 2026-03-18
Corporate Changes & Voting Matters
6-K · 2026-02-19
Headlines
United Maritime Corp's Dividend Analysis
GuruFocus.com · 12d ago
United Maritime Corp (USEA) (Q2 2026) Earnings Call Highlights: Strategic Fleet Shift Drives ...
GuruFocus.com · 68d ago
United Maritime Reports Second Quarter and First Half 2026 Financial Results
GlobeNewswire · 69d ago
United Maritime Announces the Date for the Second Quarter and Six Months Ended June 30, 2026, Financial Results, Conference Call and Webcast
GlobeNewswire · 72d ago
Navigating the Future of Shipping: Leadership Insights – Q2 2026
GlobeNewswire · 85d ago
United Maritime Files $300 Million Mixed Shelf
MT Newswires · 86d ago
PRIVATE STRATEGY · BY QUALIFICATION
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