Q1 Earnings Estimate for EuroDry Issued By Noble Financial

EuroDry Ltd. (NASDAQ:EDRY) – Investment analysts at Noble Financial lifted their Q1 2025 earnings per share (EPS) estimates for shares of EuroDry in a report issued on Tuesday, February 25th. Noble Financial analyst M. Reichman now expects that the company will earn ($1.84) per share for the quarter, up from their prior forecast of ($2.22). Noble Financial currently has a “Market Perform” rating on the stock. The consensus estimate for EuroDry’s current full-year earnings is ($2.84) per share. Noble Financial also issued estimates for EuroDry’s Q2 2025 earnings at $0.31 EPS and FY2025 earnings at ($0.43) EPS.

EuroDry Trading Down 5.4 %

Shares of NASDAQ EDRY opened at $10.76 on Thursday. The stock has a market cap of $30.52 million, a price-to-earnings ratio of -4.89 and a beta of 0.76. The business has a 50 day simple moving average of $11.08 and a 200 day simple moving average of $15.46. EuroDry has a 52 week low of $10.04 and a 52 week high of $24.84. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 0.84.

Institutional Investors Weigh In On EuroDry

An institutional investor recently bought a new position in EuroDry stock. B. Riley Wealth Advisors Inc. purchased a new position in shares of EuroDry Ltd. (NASDAQ:EDRY) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,003 shares of the company’s stock, valued at approximately $112,000. B. Riley Wealth Advisors Inc. owned about 0.35% of EuroDry as of its most recent SEC filing. Institutional investors own 2.44% of the company’s stock.

About EuroDry

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. It owns and operates a fleet of drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. The company fleet consisted of 13 drybulk carriers comprising five Panamax drybulk carriers, two Kamsarmax, five Ultramax drybulk carriers, and one Supramax drybulk carrier with a total cargo carrying capacity of 918,502 dwt.