Research Analysts Offer Predictions for Euroseas Ltd.’s Q1 2025 Earnings (NASDAQ:ESEA)

Euroseas Ltd. (NASDAQ:ESEA) – Noble Financial upped their Q1 2025 earnings per share estimates for shares of Euroseas in a research report issued to clients and investors on Tuesday, October 8th. Noble Financial analyst M. Reichman now forecasts that the shipping company will post earnings per share of $3.44 for the quarter, up from their previous estimate of $3.41. Noble Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Euroseas’ current full-year earnings is $13.24 per share. Noble Financial also issued estimates for Euroseas’ Q2 2025 earnings at $2.67 EPS, Q3 2025 earnings at $2.76 EPS, Q4 2025 earnings at $2.77 EPS and FY2025 earnings at $11.65 EPS.

Several other research analysts have also commented on the company. StockNews.com lowered Euroseas from a “buy” rating to a “hold” rating in a research report on Friday, October 4th. Alliance Global Partners began coverage on Euroseas in a research report on Monday, September 9th. They set a “buy” rating and a $60.00 price target on the stock.

Euroseas Price Performance

Shares of NASDAQ ESEA opened at $42.20 on Wednesday. The firm has a market capitalization of $295.65 million, a PE ratio of 2.77 and a beta of 0.85. Euroseas has a fifty-two week low of $22.50 and a fifty-two week high of $50.92. The stock’s 50-day simple moving average is $44.24 and its 200-day simple moving average is $39.42. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.41 and a current ratio of 1.46.

Euroseas (NASDAQ:ESEA) last issued its earnings results on Tuesday, August 6th. The shipping company reported $4.92 earnings per share for the quarter, topping the consensus estimate of $2.49 by $2.43. Euroseas had a return on equity of 38.07% and a net margin of 57.36%. The business had revenue of $60.29 million for the quarter, compared to analyst estimates of $49.33 million.

Euroseas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 17th. Shareholders of record on Monday, September 9th were paid a $0.60 dividend. The ex-dividend date was Monday, September 9th. This represents a $2.40 annualized dividend and a dividend yield of 5.69%. Euroseas’s dividend payout ratio (DPR) is currently 15.76%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. CHURCHILL MANAGEMENT Corp purchased a new position in shares of Euroseas in the 1st quarter valued at approximately $1,300,000. Acadian Asset Management LLC grew its stake in shares of Euroseas by 49.6% in the 1st quarter. Acadian Asset Management LLC now owns 71,763 shares of the shipping company’s stock valued at $2,570,000 after purchasing an additional 23,796 shares during the last quarter. Lazard Asset Management LLC grew its stake in shares of Euroseas by 3,282.3% in the 1st quarter. Lazard Asset Management LLC now owns 8,219 shares of the shipping company’s stock valued at $294,000 after purchasing an additional 7,976 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Euroseas by 18.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 17,053 shares of the shipping company’s stock valued at $611,000 after purchasing an additional 2,693 shares during the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Euroseas in the 4th quarter valued at approximately $350,000. 6.27% of the stock is currently owned by hedge funds and other institutional investors.

About Euroseas

Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables. As of March 31, 2024, it had a fleet of 20 containerships with a cargo carrying capacity of approximately 777,749 dwt.