EuroDry Ltd. (NASDAQ:EDRY - Free Report) - Stock analysts at Noble Financial cut their Q3 2025 earnings per share estimates for shares of EuroDry in a research report issued to clients and investors on Wednesday, October 23rd. Noble Financial analyst M. Reichman now expects that the company will post earnings of $1.49 per share for the quarter, down from their previous estimate of $1.58. Noble Financial has a "Strong-Buy" rating on the stock. The consensus estimate for EuroDry's current full-year earnings is ($0.65) per share. Noble Financial also issued estimates for EuroDry's Q4 2025 earnings at $1.51 EPS.
EuroDry (NASDAQ:EDRY - Get Free Report) last released its earnings results on Thursday, August 8th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of $0.58 by ($0.75). EuroDry had a negative net margin of 4.11% and a negative return on equity of 2.08%. The firm had revenue of $17.44 million during the quarter, compared to analyst estimates of $17.89 million.
EuroDry Trading Down 0.3 %
Shares of EuroDry stock traded down $0.06 during trading on Thursday, reaching $19.01. 7,643 shares of the company were exchanged, compared to its average volume of 8,812. The company has a quick ratio of 0.84, a current ratio of 0.98 and a debt-to-equity ratio of 0.72. EuroDry has a twelve month low of $14.46 and a twelve month high of $24.84. The business has a 50-day moving average price of $20.23 and a 200-day moving average price of $21.34. The firm has a market capitalization of $53.91 million, a price-to-earnings ratio of -16.89 and a beta of 0.78.
Institutional Investors Weigh In On EuroDry
A hedge fund recently raised its stake in EuroDry stock. Linden Thomas Advisory Services LLC increased its stake in shares of EuroDry Ltd. (NASDAQ:EDRY - Free Report) by 9.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,570 shares of the company's stock after purchasing an additional 1,944 shares during the period. Linden Thomas Advisory Services LLC owned approximately 0.76% of EuroDry worth $530,000 as of its most recent SEC filing. 2.44% of the stock is currently owned by institutional investors.
EuroDry Company Profile
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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.
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