Q1 2025 EPS Estimates for Euroseas Ltd. Boosted by Analyst (NASDAQ:ESEA)

Euroseas Ltd. (NASDAQ:ESEA - Free Report) - Investment analysts at Noble Financial upped their Q1 2025 earnings per share (EPS) estimates for shares of Euroseas in a research note issued 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 forecast of $3.41. Noble Financial 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.

A number of other equities research analysts also recently issued reports on ESEA. StockNews.com downgraded Euroseas from a "buy" rating to a "hold" rating in a research report on Friday, October 4th. Alliance Global Partners initiated coverage on Euroseas in a report on Monday, September 9th. They set a "buy" rating and a $60.00 price target on the stock.

Euroseas Trading Up 3.0 %

Shares of NASDAQ:ESEA traded up $1.25 during trading on Wednesday, reaching $43.45. The company's stock had a trading volume of 69,828 shares, compared to its average volume of 41,209. The firm's 50 day simple moving average is $44.24 and its two-hundred day simple moving average is $39.42. The company has a current ratio of 1.46, a quick ratio of 1.41 and a debt-to-equity ratio of 0.52. Euroseas has a 12 month low of $22.50 and a 12 month high of $50.92. The stock has a market capitalization of $304.41 million, a PE ratio of 2.73 and a beta of 0.85.

Euroseas (NASDAQ:ESEA - Get Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The shipping company reported $4.92 EPS for the quarter, topping analysts' consensus estimates of $2.49 by $2.43. The business had revenue of $60.29 million during the quarter, compared to analysts' expectations of $49.33 million. Euroseas had a net margin of 57.36% and a return on equity of 38.07%.

Institutional Trading of Euroseas

Institutional investors have recently added to or reduced their stakes in the company. Beacon Capital Management LLC purchased a new stake in shares of Euroseas during the first quarter valued at $36,000. Tucker Asset Management LLC purchased a new stake in Euroseas in the 4th quarter valued at about $86,000. Redhawk Wealth Advisors Inc. purchased a new stake in Euroseas in the 2nd quarter valued at about $248,000. Lazard Asset Management LLC grew its stake in Euroseas by 3,282.3% in the 1st quarter. Lazard Asset Management LLC now owns 8,219 shares of the shipping company's stock worth $294,000 after acquiring an additional 7,976 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Euroseas during the fourth quarter worth approximately $350,000. Institutional investors own 6.27% of the company's stock.

Euroseas Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 17th. Investors of record on Monday, September 9th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, September 9th. This represents a $2.40 annualized dividend and a yield of 5.52%. Euroseas's payout ratio is 15.76%.

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.