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NASDAQ:ESEA

Euroseas (ESEA) Stock Price, News & Analysis

Euroseas logo
$42.30 -0.20 (-0.47%)
(As of 11/20/2024 ET)

About Euroseas Stock (NASDAQ:ESEA)

Key Stats

Today's Range
$41.87
$43.45
50-Day Range
$39.92
$50.40
52-Week Range
$26.20
$50.92
Volume
37,514 shs
Average Volume
34,050 shs
Market Capitalization
$296.52 million
P/E Ratio
2.50
Dividend Yield
5.67%
Price Target
$56.50
Consensus Rating
Strong Buy

Company Overview

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. The company was incorporated in 2005 and is based in Marousi, Greece.

Euroseas Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
85th Percentile Overall Score

ESEA MarketRank™: 

Euroseas scored higher than 85% of companies evaluated by MarketBeat, and ranked 21st out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Euroseas has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Euroseas has only been the subject of 1 research reports in the past 90 days.

  • Read more about Euroseas' stock forecast and price target.
  • Earnings Growth

    Earnings for Euroseas are expected to decrease by -13.41% in the coming year, from $15.06 to $13.04 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Euroseas is 2.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.33.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Euroseas is 2.50, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 17.72.

  • Price to Book Value per Share Ratio

    Euroseas has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.27% of the float of Euroseas has been sold short.
  • Short Interest Ratio / Days to Cover

    Euroseas has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Euroseas has recently decreased by 36.36%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Euroseas is a leading dividend payer. It pays a dividend yield of 5.61%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Euroseas does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Euroseas is 14.18%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Euroseas will have a dividend payout ratio of 18.40% next year. This indicates that Euroseas will be able to sustain or increase its dividend.

  • Read more about Euroseas' dividend.
  • Percentage of Shares Shorted

    0.27% of the float of Euroseas has been sold short.
  • Short Interest Ratio / Days to Cover

    Euroseas has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Euroseas has recently decreased by 36.36%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Euroseas has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Euroseas this week, compared to 2 articles on an average week.
  • Search Interest

    Only 6 people have searched for ESEA on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Euroseas to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Euroseas insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    55.90% of the stock of Euroseas is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 6.27% of the stock of Euroseas is held by institutions.

  • Read more about Euroseas' insider trading history.
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ESEA Stock News Headlines

Financial Prophecy
The Magnificent 7 could be in for a world of pain… And the insiders know it. It’s why Jeff Bezos just sold $3 billion of Amazon… it’s why Nvidia’s CEO just sold $713 million... and it’s why Zuckerberg just sold $1.3 billion in Meta stock. The financial establishment doesn’t want you to know about this… but a controversial new documentary just pulled back the curtain and exposed what’s really going on. It’s called The Final Frontier.
Euroseas (NASDAQ:ESEA) Downgraded to "Hold" Rating by StockNews.com
Euroseas Secures Lucrative Charter Extensions
Noble Financial Sticks to Their Buy Rating for Euroseas (ESEA)
Euroseas Secures Lucrative Eco-Friendly Charter Deals
See More Headlines

ESEA Stock Analysis - Frequently Asked Questions

Euroseas' stock was trading at $31.15 at the start of the year. Since then, ESEA stock has increased by 35.8% and is now trading at $42.30.
View the best growth stocks for 2024 here
.

Euroseas Ltd. (NASDAQ:ESEA) announced its quarterly earnings data on Tuesday, November, 16th. The shipping company reported $1.17 earnings per share for the quarter, missing the consensus estimate of $1.52 by $0.35. The shipping company had revenue of $24.01 million for the quarter, compared to analysts' expectations of $24.28 million. Euroseas had a trailing twelve-month return on equity of 38.07% and a net margin of 57.36%.

Shares of Euroseas reverse split on the morning of Thursday, December 19th 2019. The 1-8 reverse split was announced on Monday, December 9th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, December 18th 2019. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Euroseas' top institutional shareholders include Inspire Investing LLC (0.27%), BayBridge Capital Group LLC (0.19%), Quadrature Capital Ltd (0.19%) and Walleye Capital LLC (0.15%).

Shares of ESEA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Euroseas investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Jabil (JBL), Adobe (ADBE), e.l.f. Beauty (ELF) and Novo Nordisk A/S (NVO).

Company Calendar

Last Earnings
11/16/2021
Ex-Dividend for 9/17 Dividend
9/09/2024
Dividend Payable
9/17/2024
Today
11/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Transportation
Current Symbol
NASDAQ:ESEA
Employees
360
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$56.50
High Stock Price Target
$60.00
Low Stock Price Target
$53.00
Potential Upside/Downside
+33.6%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Net Income
$114.55 million
Pretax Margin
57.35%

Debt

Sales & Book Value

Annual Sales
$189.36 million
Cash Flow
$16.33 per share
Book Value
$38.05 per share

Miscellaneous

Free Float
3,090,000
Market Cap
$296.52 million
Optionable
Not Optionable
Beta
0.88
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This page (NASDAQ:ESEA) was last updated on 11/21/2024 by MarketBeat.com Staff
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