Brokers Offer Predictions for EuroDry FY2025 Earnings

EuroDry (NASDAQ:EDRY) – Equities research analysts at Noble Financial cut their FY2025 earnings per share estimates for EuroDry in a research note issued on Thursday, February 12th. Noble Financial analyst M. Reichman now anticipates that the company will post earnings per share of ($2.57) for the year, down from their previous forecast of ($2.15). Noble Financial has a “Outperform” rating and a $23.50 price objective on the stock. The consensus estimate for EuroDry’s current full-year earnings is ($2.84) per share. Noble Financial also issued estimates for EuroDry’s Q4 2025 earnings at $0.78 EPS, Q1 2026 earnings at $0.22 EPS, Q2 2026 earnings at $1.03 EPS, Q3 2026 earnings at $0.88 EPS and FY2026 earnings at $2.82 EPS.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of EuroDry in a report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $23.50.

EuroDry Stock Up 4.3%

Shares of EDRY stock opened at $14.23 on Monday. The stock’s 50 day simple moving average is $13.36 and its 200 day simple moving average is $12.53. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.27 and a quick ratio of 1.21. EuroDry has a twelve month low of $7.60 and a twelve month high of $16.14.

EuroDry Company Profile

EuroDry Limited is a Marshall Islands–incorporated shipping company, formed in 2005 and headquartered in Piraeus, Greece. The company is publicly traded on the NASDAQ under the symbol EDRY. Since its inception, EuroDry has focused exclusively on the marine transportation of drybulk commodities and has grown its fleet through a combination of newbuilding contracts and second-hand acquisitions.

As of mid-2024, EuroDry’s operating fleet comprises Capesize, Panamax and Supramax drybulk carriers, collectively providing over one million deadweight tons (dwt) of capacity.