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

Euroseas Ltd. (NASDAQ:ESEA - Free Report) - Equities research analysts at Noble Financial boosted their Q2 2025 earnings estimates for shares of Euroseas in a research report issued on Wednesday, January 8th. Noble Financial analyst M. Reichman now anticipates that the shipping company will post earnings of $3.65 per share for the quarter, up from their previous forecast of $3.64. The consensus estimate for Euroseas' current full-year earnings is $15.24 per share. Noble Financial also issued estimates for Euroseas' Q3 2025 earnings at $3.74 EPS.

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

Euroseas Stock Performance

ESEA opened at $35.08 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.59 and a current ratio of 1.65. The company has a market cap of $245.77 million, a PE ratio of 2.16 and a beta of 0.90. The stock has a 50-day moving average of $37.93 and a 200-day moving average of $40.79. Euroseas has a 52-week low of $31.14 and a 52-week high of $50.92.

Euroseas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Monday, December 9th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 6.84%. The ex-dividend date of this dividend was Monday, December 9th. Euroseas's dividend payout ratio (DPR) is presently 14.80%.

Hedge Funds Weigh In On Euroseas

Several large investors have recently made changes to their positions in the company. Inspire Investing LLC bought a new position in Euroseas in the third quarter valued at approximately $913,000. Renaissance Technologies LLC boosted its position in shares of Euroseas by 3.0% in the 2nd quarter. Renaissance Technologies LLC now owns 97,478 shares of the shipping company's stock worth $3,403,000 after purchasing an additional 2,877 shares during the last quarter. Squarepoint Ops LLC grew its stake in shares of 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. Redhawk Wealth Advisors Inc. grew its stake in shares of Euroseas by 6.8% during 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. Finally, Sheaff Brock Investment Advisors LLC increased its holdings 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 during the last quarter. Institutional investors and hedge funds own 6.27% of the company's stock.

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.