What is Noble Financial's Forecast for Euroseas Q2 Earnings?

Euroseas Ltd. (NASDAQ:ESEA - Free Report) - Equities researchers at Noble Financial raised their Q2 2025 earnings per share estimates for Euroseas in a note issued to investors on Tuesday, February 4th. Noble Financial analyst M. Reichman now expects that the shipping company will earn $3.73 per share for the quarter, up from their previous forecast of $3.24. The consensus estimate for Euroseas' current full-year earnings is $15.15 per share. Noble Financial also issued estimates for Euroseas' Q3 2025 earnings at $3.74 EPS, Q4 2025 earnings at $3.67 EPS and FY2025 earnings at $16.19 EPS.

Separately, StockNews.com lowered Euroseas from a "buy" rating to a "hold" rating in a research note on Tuesday, November 12th.

Euroseas Stock Performance

ESEA traded up $0.77 on Thursday, reaching $33.62. The company had a trading volume of 74,007 shares, compared to its average volume of 39,896. Euroseas has a fifty-two week low of $30.21 and a fifty-two week high of $50.92. The stock has a market cap of $235.54 million, a P/E ratio of 2.07 and a beta of 0.85. The company's fifty day moving average is $34.62 and its 200 day moving average is $39.93. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.59 and a current ratio of 1.65.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ESEA. Barclays PLC raised its holdings in Euroseas by 67.5% in the 3rd quarter. Barclays PLC now owns 623 shares of the shipping company's stock valued at $30,000 after acquiring an additional 251 shares in the last quarter. Redhawk Wealth Advisors Inc. increased its position in shares of Euroseas by 6.8% in the third quarter. Redhawk Wealth Advisors Inc. now owns 7,593 shares of the shipping company's stock worth $371,000 after purchasing an additional 485 shares during the period. BayBridge Capital Group LLC increased its position in shares of Euroseas by 8.7% in the third quarter. BayBridge Capital Group LLC now owns 13,244 shares of the shipping company's stock worth $647,000 after purchasing an additional 1,057 shares during the period. Sheaff Brock Investment Advisors LLC raised its stake in Euroseas by 25.0% in the third quarter. Sheaff Brock Investment Advisors LLC now owns 7,810 shares of the shipping company's stock valued at $382,000 after purchasing an additional 1,560 shares in the last quarter. Finally, Squarepoint Ops LLC lifted its position in Euroseas by 42.5% during the second quarter. Squarepoint Ops LLC now owns 12,135 shares of the shipping company's stock worth $424,000 after purchasing an additional 3,617 shares during the period. Institutional investors and hedge funds own 6.27% of the company's stock.

Euroseas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Monday, December 9th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 7.14%. The ex-dividend date of this dividend was Monday, December 9th. Euroseas's dividend payout ratio (DPR) is 14.80%.

About Euroseas

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.