SEACOR Marine (SMHI) Issues Earnings Results

SEACOR Marine (NYSE:SMHI) announced its quarterly earnings results on Friday. The company reported ($1.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.60) by ($0.51), MarketWatch Earnings reports. The business had revenue of $56.25 million for the quarter. SEACOR Marine had a negative return on equity of 11.96% and a negative net margin of 30.60%.

Shares of SMHI opened at $13.55 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.14 and a quick ratio of 2.10. SEACOR Marine has a 12 month low of $11.42 and a 12 month high of $26.20.

A hedge fund recently raised its stake in SEACOR Marine stock. Geode Capital Management LLC boosted its holdings in shares of SEACOR Marine Holdings Inc (NYSE:SMHI) by 17.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 195,874 shares of the company’s stock after purchasing an additional 29,209 shares during the period. Geode Capital Management LLC owned about 0.96% of SEACOR Marine worth $2,303,000 as of its most recent SEC filing. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Separately, ValuEngine cut shares of SEACOR Marine from a “hold” rating to a “sell” rating in a research note on Thursday, February 28th.

COPYRIGHT VIOLATION WARNING: “SEACOR Marine (SMHI) Issues Earnings Results” was reported by Baseball Daily News and is the property of of Baseball Daily News. If you are reading this news story on another domain, it was illegally copied and republished in violation of United States and international trademark & copyright law. The correct version of this news story can be read at

About SEACOR Marine

Seacor Marine Holdings, Inc engages in the provision of offshore marine business. It offers global marine and support transportation services to offshore oil & gas exploration, development, and production facilities. The company involves in the operation of support and specialty vessels for and among independent oil, gas exploration, production, and emerging independent companies.

See Also: Market Capitalization in the Stock Market

Earnings History for SEACOR Marine (NYSE:SMHI)

Receive News & Ratings for SEACOR Marine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEACOR Marine and related companies with's FREE daily email newsletter.