Q1 Earnings Forecast for ECO Issued By B. Riley

Okeanis Eco Tankers Corp. (NYSE:ECO - Free Report) - Stock analysts at B. Riley issued their Q1 2025 EPS estimates for Okeanis Eco Tankers in a research report issued on Thursday, February 20th. B. Riley analyst L. Burke anticipates that the company will post earnings of $0.24 per share for the quarter. B. Riley currently has a "Buy" rating and a $40.00 price target on the stock. The consensus estimate for Okeanis Eco Tankers' current full-year earnings is $1.34 per share. B. Riley also issued estimates for Okeanis Eco Tankers' Q2 2025 earnings at $0.47 EPS, Q3 2025 earnings at $0.21 EPS, Q4 2025 earnings at $0.56 EPS and FY2026 earnings at $2.02 EPS.

Okeanis Eco Tankers Stock Up 0.5 %

ECO traded up $0.10 on Monday, reaching $22.06. The company's stock had a trading volume of 490,547 shares, compared to its average volume of 263,401. The company has a quick ratio of 1.34, a current ratio of 1.64 and a debt-to-equity ratio of 1.46. Okeanis Eco Tankers has a fifty-two week low of $18.79 and a fifty-two week high of $36.69. The stock has a 50 day moving average of $22.77 and a two-hundred day moving average of $26.58. The company has a market capitalization of $710.26 million and a price-to-earnings ratio of 6.53.

Okeanis Eco Tankers (NYSE:ECO - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The company reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.22 by $0.19. Okeanis Eco Tankers had a return on equity of 25.40% and a net margin of 27.68%. The business had revenue of $85.19 million for the quarter, compared to the consensus estimate of $82.46 million.

Okeanis Eco Tankers Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 6.35%. The ex-dividend date is Monday, March 3rd. Okeanis Eco Tankers's dividend payout ratio (DPR) is 41.42%.

Institutional Investors Weigh In On Okeanis Eco Tankers

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. FIL Ltd grew its holdings in shares of Okeanis Eco Tankers by 1.3% during the fourth quarter. FIL Ltd now owns 611,929 shares of the company's stock worth $12,439,000 after purchasing an additional 8,053 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Okeanis Eco Tankers by 70.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 507,495 shares of the company's stock worth $10,579,000 after buying an additional 209,260 shares during the last quarter. Boston Partners acquired a new position in Okeanis Eco Tankers during the fourth quarter worth approximately $1,231,000. Walleye Capital LLC purchased a new stake in Okeanis Eco Tankers in the fourth quarter valued at approximately $1,144,000. Finally, Quadrature Capital Ltd purchased a new position in shares of Okeanis Eco Tankers during the third quarter worth approximately $1,169,000.

About Okeanis Eco Tankers

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.