Okeanis Eco Tankers (ECO) Stock Price, News & Analysis

Company Overview

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.

Key Stats

• Today's Range: $22.36 to $23.09
• 50-Day Range: $18.83 to $25.28
• 52-Week Range: $18.79 to $36.69
• Volume: 279,794 shs
• Average Volume: 296,511 shs
• Market Capitalization: $737.83 million
• P/E Ratio: 6.31
• Dividend Yield: 7.68%
• Price Target: $40.00
• Consensus Rating: Buy

Okeanis Eco Tankers Stock Analysis - MarketRank™

Okeanis Eco Tankers scored higher than 74% of companies evaluated by MarketBeat, and ranked 50th out of 129 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Okeanis Eco Tankers has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Okeanis Eco Tankers has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -57.19%

Earnings Growth

Earnings for Okeanis Eco Tankers are expected to decrease by -57.19% in the coming year, from $3.13 to $1.34 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Okeanis Eco Tankers is 6.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of Okeanis Eco Tankers is 6.31, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 17.99.

Price to Book Value per Share Ratio

Okeanis Eco Tankers has a P/B Ratio of 1.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.09% of the float of Okeanis Eco Tankers has been sold short.

Short Interest Ratio / Days to Cover

Okeanis Eco Tankers has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Okeanis Eco Tankers has recently increased by 36.69%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Okeanis Eco Tankers is a leading dividend payer. It pays a dividend yield of 7.46%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Okeanis Eco Tankers does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Okeanis Eco Tankers is 48.48%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on EPS estimates, Okeanis Eco Tankers will have a dividend payout ratio of 131.34% in the coming year. This indicates that Okeanis Eco Tankers may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.09% of the float of Okeanis Eco Tankers has been sold short.

Short Interest Ratio / Days to Cover

Okeanis Eco Tankers has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Okeanis Eco Tankers has recently increased by 36.69%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: -0.10

News Sentiment

Okeanis Eco Tankers has a news sentiment score of -0.10. 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 is a lower news sentiment than the 0.59 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Okeanis Eco Tankers this week, compared to 2 articles on an average week.

Search Interest

Only 7 people have searched for ECO on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.

MarketBeat Follows

4 people have added Okeanis Eco Tankers to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: N/A
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

ECO Stock Analysis - Frequently Asked Questions

How have ECO shares performed this year?

Okeanis Eco Tankers' stock was trading at $21.26 on January 1st, 2025. Since then, ECO shares have increased by 7.8% and is now trading at $22.9210.
View the best growth stocks for 2025 here.

How were Okeanis Eco Tankers' earnings last quarter?

Okeanis Eco Tankers Corp. (NYSE:ECO) released its quarterly earnings data on Friday, November, 8th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.36. The firm earned $84.93 million during the quarter, compared to analysts' expectations of $74.61 million. Okeanis Eco Tankers had a trailing twelve-month return on equity of 27.19% and a net margin of 29.25%.

How do I buy shares of Okeanis Eco Tankers?

Shares of ECO 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.

What other stocks do shareholders of Okeanis Eco Tankers own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Okeanis Eco Tankers investors own include Legal & General Group (LGGNY), NextEra Energy Partners (NEP), CTO Realty Growth (CTO), Enterprise Products Partners (EPD), Energy Transfer (ET), Global Net Lease (GNL) and Medical Properties Trust (MPW).

Company Calendar

• Last Earnings: 11/08/2024
• Ex-Dividend for 12/4 Dividend: 11/18/2024
• Dividend Payable: 12/04/2024
• Today: 1/22/2025
• Next Earnings (Estimated): 3/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Deep sea foreign transportation of freight
• Sub-Industry: N/A
• Current Symbol: NYSE:ECO
• Previous Symbol: NYSE:ECO
• CUSIP: N/A
• CIK: 1964954
• Web: www.okeanisecotankers.com
• Phone: 30-210-48-04-200
• Fax: 302104818210
• Employees: 14
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $40.00
• High Stock Price Target: $40.00
• Low Stock Price Target: $40.00
• Potential Upside/Downside: +74.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.63
• Trailing P/E Ratio: 6.31
• Forward P/E Ratio: 7.32
• P/E Growth: N/A
• Net Income: $145.25 million
• Net Margins: 29.25%
• Pretax Margin: 29.25%
• Return on Equity: 27.19%
• Return on Assets: 10.14%

Debt

• Debt-to-Equity Ratio: 1.48
• Current Ratio: 1.69
• Quick Ratio: 1.34

Sales & Book Value

• Annual Sales: $413.10 million
• Price / Sales: 1.79
• Cash Flow: $5.59 per share
• Price / Cash Flow: 4.10
• Book Value: $12.68 per share
• Price / Book: 1.81

Miscellaneous

• Outstanding Shares: 32,190,000
• Free Float: N/A
• Market Cap: $737.83 million
• Optionable: N/A
• Beta: N/A