Q1 Earnings Forecast for Euroseas Issued By Noble Financial

Euroseas Ltd. (NASDAQ:ESEA) – Noble Financial lifted their Q1 2025 EPS estimates for Euroseas in a note issued to investors on Thursday, February 13th. Noble Financial analyst M. Reichman now anticipates that the shipping company will post earnings per share of $5.25 for the quarter, up from their prior forecast of $5.05. The consensus estimate for Euroseas’ current full-year earnings is $15.15 per share. Noble Financial also issued estimates for Euroseas’ Q2 2025 earnings at $3.92 EPS, Q3 2025 earnings at $4.07 EPS and Q4 2025 earnings at $4.05 EPS.

Separately, StockNews.com cut shares of Euroseas from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th.

Euroseas Price Performance

Shares of ESEA stock opened at $34.13 on Monday. Euroseas has a twelve month low of $30.21 and a twelve month high of $50.92. The company has a market capitalization of $239.25 million, a PE ratio of 2.10 and a beta of 0.85. The company has a current ratio of 1.65, a quick ratio of 1.59 and a debt-to-equity ratio of 0.53. The firm has a fifty day simple moving average of $34.09 and a 200-day simple moving average of $39.82.

Institutional Trading of Euroseas

A number of hedge funds have recently made changes to their positions in ESEA. Barclays PLC boosted its stake in Euroseas by 67.5% during the 3rd quarter. Barclays PLC now owns 623 shares of the shipping company’s stock valued at $30,000 after acquiring an additional 251 shares during the last quarter. BayBridge Capital Group LLC raised its stake in shares of Euroseas by 8.7% in the 3rd quarter. BayBridge Capital Group LLC now owns 13,244 shares of the shipping company’s stock valued at $647,000 after purchasing an additional 1,057 shares in the last quarter. Sheaff Brock Investment Advisors LLC lifted its position in shares of Euroseas by 25.0% during the third quarter. Sheaff Brock Investment Advisors LLC now owns 7,810 shares of the shipping company’s stock worth $382,000 after purchasing an additional 1,560 shares during the last quarter. Geode Capital Management LLC bought a new stake in Euroseas in the third quarter valued at about $248,000. Finally, Retireful LLC bought a new stake in Euroseas in the fourth quarter valued at about $222,000. Institutional investors and hedge funds own 6.27% of the company’s stock.

Euroseas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 7.03%. The ex-dividend date of this dividend was Monday, December 9th. Euroseas’s dividend payout ratio (DPR) is currently 14.80%.

Euroseas Company Profile

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.