What is Noble Financial's Estimate for Euroseas Q1 Earnings?

Euroseas Ltd. (NASDAQ:ESEA - Free Report) - Analysts at Noble Financial raised their Q1 2025 earnings estimates for Euroseas in a research report issued on Tuesday, January 21st. Noble Financial analyst M. Reichman now anticipates that the shipping company will post earnings per share of $5.02 for the quarter, up from their previous estimate of $3.89. 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 $3.24 EPS, Q3 2025 earnings at $3.32 EPS and Q4 2025 earnings at $3.22 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 Trading Up 0.2 %

Euroseas stock traded up $0.05 during midday trading on Thursday, hitting $32.07. 34,929 shares of the stock were exchanged, compared to its average volume of 45,403. Euroseas has a fifty-two week low of $31.14 and a fifty-two week high of $50.92. The stock has a market capitalization of $224.81 million, a price-to-earnings ratio of 1.98 and a beta of 0.90. The stock's 50-day simple moving average is $36.75 and its 200 day simple moving average is $40.52. The company has a current ratio of 1.65, a quick ratio of 1.59 and a debt-to-equity ratio of 0.53.

Institutional Investors Weigh In On Euroseas

Institutional investors have recently made changes to their positions in the stock. Inspire Investing LLC acquired a new stake in shares of Euroseas during the third quarter valued at about $913,000. Geode Capital Management LLC purchased a new position in shares of Euroseas in the third quarter valued at approximately $248,000. Renaissance Technologies LLC boosted its stake in shares of Euroseas by 3.0% in the second quarter. Renaissance Technologies LLC now owns 97,478 shares of the shipping company's stock valued at $3,403,000 after purchasing an additional 2,877 shares during the period. Retireful LLC purchased a new position in shares of Euroseas in the fourth quarter valued at approximately $222,000. Finally, Squarepoint Ops LLC boosted its stake in shares of Euroseas by 42.5% in the second quarter. Squarepoint Ops LLC now owns 12,135 shares of the shipping company's stock valued at $424,000 after purchasing an additional 3,617 shares during the period. 6.27% of the stock is currently owned by institutional investors and hedge funds.

Euroseas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Monday, December 9th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 7.48%. The ex-dividend date was Monday, December 9th. Euroseas's dividend payout ratio is presently 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.