Sectors & IndustriesIndustrialsMarine Shipping
Best Shipping Stocks to Buy Now (2026)
Top shipping stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best shipping stocks to buy now. Learn More.

Industry: Marine Shipping
A
Shipping is Zen Rated A and is the 25th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
DD Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
ECO
OKEANIS ECO TANKERS CORP
43
43
29
44
40
60
KNOP
KNOT OFFSHORE PARTNERS LP
12
14
14
11
20
0
HSHP
HIMALAYA SHIPPING LTD
21
29
14
0
60
0
NMM
NAVIOS MARITIME PARTNERS LP
33
71
43
22
10
20
KEX
KIRBY CORP
40
14
71
33
40

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Use Due Diligence Score to quickly analyze stock fundamentals, even if you don't have a finance background. We run time-tested due diligence checks inspired by legendary investors like Warren Buffett, and score each company based on how many they pass/fail.

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Shipping Stocks FAQ

What are the best shipping stocks to buy right now in Mar 2026?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best shipping stocks to buy right now are:

1. Okeanis Eco Tankers (NYSE:ECO)


Okeanis Eco Tankers (NYSE:ECO) is the #1 top shipping stock out of 45 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Okeanis Eco Tankers (NYSE:ECO) is: Value: B, Growth: C, Momentum: A, Sentiment: B, Safety: C, Financials: C, and AI: C.

Okeanis Eco Tankers (NYSE:ECO) has a Due Diligence Score of 43, which is 15 points higher than the shipping industry average of 28.

ECO passed 16 out of 38 due diligence checks and has strong fundamentals. Okeanis Eco Tankers has seen its stock return 104.57% over the past year, overperforming other shipping stocks by 96 percentage points.

Okeanis Eco Tankers has an average 1 year price target of $55.00, an upside of 25.4% from Okeanis Eco Tankers's current stock price of $43.86.

Okeanis Eco Tankers stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Okeanis Eco Tankers, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Knot Offshore Partners (NYSE:KNOP)


Knot Offshore Partners (NYSE:KNOP) is the #2 top shipping stock out of 45 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Knot Offshore Partners (NYSE:KNOP) is: Value: A, Growth: C, Momentum: B, Sentiment: B, Safety: D, Financials: C, and AI: B.

Knot Offshore Partners (NYSE:KNOP) has a Due Diligence Score of 12, which is -16 points lower than the shipping industry average of 28. Although this number is below the industry average, our proven quant model rates KNOP as a "B".

KNOP passed 5 out of 38 due diligence checks and has weak fundamentals. Knot Offshore Partners has seen its stock return 88.15% over the past year, overperforming other shipping stocks by 80 percentage points.

3. Himalaya Shipping (NYSE:HSHP)


Himalaya Shipping (NYSE:HSHP) is the #3 top shipping stock out of 45 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Himalaya Shipping (NYSE:HSHP) is: Value: C, Growth: B, Momentum: A, Sentiment: C, Safety: D, Financials: C, and AI: C.

Himalaya Shipping (NYSE:HSHP) has a Due Diligence Score of 21, which is -7 points lower than the shipping industry average of 28. Although this number is below the industry average, our proven quant model rates HSHP as a "B".

HSHP passed 9 out of 38 due diligence checks and has weak fundamentals. Himalaya Shipping has seen its stock return 118.39% over the past year, overperforming other shipping stocks by 110 percentage points.

What are the shipping stocks with highest dividends?

Out of 24 shipping stocks that have issued dividends in the past year, the 3 shipping stocks with the highest dividend yields are:

1. Icon Energy (NASDAQ:ICON)


Icon Energy (NASDAQ:ICON) has an annual dividend yield of 30.17%, which is 25 percentage points higher than the shipping industry average of 5%.

Icon Energy's dividend payout ratio of -1.9% indicates that its high dividend yield might not be sustainable for the long-term.

2. Toro (NASDAQ:TORO)


Toro (NASDAQ:TORO) has an annual dividend yield of 19.59%, which is 15 percentage points higher than the shipping industry average of 5%.

Toro's dividend payout ratio of 2,408.6% indicates that its high dividend yield might not be sustainable for the long-term.

3. Euroholdings (NASDAQ:EHLD)


Euroholdings (NASDAQ:EHLD) has an annual dividend yield of 7.91%, which is 3 percentage points higher than the shipping industry average of 5%.

Euroholdings's dividend payout ratio of 8% indicates that its high dividend yield is sustainable for the long-term.

Why are shipping stocks down?

Shipping stocks were down -0.99% in the last day, and down -5.29% over the last week.

We couldn't find a catalyst for why shipping stocks are down.

What are the most undervalued shipping stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued shipping stocks right now are:

1. Navios Maritime Partners (NYSE:NMM)


Navios Maritime Partners (NYSE:NMM) is the most undervalued shipping stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Navios Maritime Partners has a valuation score of 71, which is 40 points higher than the shipping industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Navios Maritime Partners's stock has gained 50.13% in the past year. It has overperformed other stocks in the shipping industry by 42 percentage points.

2. Euroseas (NASDAQ:ESEA)


Euroseas (NASDAQ:ESEA) is the second most undervalued shipping stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Euroseas has a valuation score of 43, which is 12 points higher than the shipping industry average of 31. It passed 3 out of 7 valuation due diligence checks.

Euroseas's stock has gained 93.85% in the past year. It has overperformed other stocks in the shipping industry by 85 percentage points.

3. Global Ship Lease (NYSE:GSL)


Global Ship Lease (NYSE:GSL) is the third most undervalued shipping stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Global Ship Lease has a valuation score of 14, which is -17 points higher than the shipping industry average of 31. It passed 1 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates GSL a Valuation Rating of "A".

Global Ship Lease's stock has gained 61.75% in the past year. It has overperformed other stocks in the shipping industry by 53 percentage points.

Are shipping stocks a good buy now?

76.92% of shipping stocks rated by analysts are a strong buy right now. On average, analysts expect shipping stocks to rise by 10.47% over the next year.

3.57% of shipping stocks have a Zen Rating of A (Strong Buy), 28.57% of shipping stocks are rated B (Buy), 60.71% are rated C (Hold), 7.14% are rated D (Sell), and 0% are rated F (Strong Sell).

What is the average p/e ratio of the marine shipping industry?

The average P/E ratio of the marine shipping industry is 8.78x.
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