Research Analysts Offer Predictions for Euroseas Q1 Earnings

Euroseas Ltd. (NASDAQ:ESEA) – Investment analysts at Noble Financial issued their Q1 2027 earnings estimates for shares of Euroseas in a report released on Tuesday, October 20th. Noble Financial analyst M. Reichman expects that the shipping company will post earnings of $4.09 per share for the quarter. The consensus estimate for Euroseas’ current full-year earnings is $18.03 per share. Noble Financial also issued estimates for Euroseas’ Q2 2027 earnings at $4.27 EPS, Q3 2027 earnings at $4.69 EPS, Q4 2027 earnings at $4.95 EPS and FY2027 earnings at $18.00 EPS.

Several other equities analysts also recently issued reports on the stock. Weiss Ratings raised shares of Euroseas from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday. Zacks Research downgraded shares of Euroseas from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 29th. Finally, Freedom Broker began coverage on shares of Euroseas in a research note on Tuesday, September 29th. They issued a “buy” rating and a $93.00 price objective on the stock. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $93.00.

Euroseas Stock Performance

NASDAQ:ESEA opened at $67.31 on Wednesday. Euroseas has a twelve month low of $51.00 and a twelve month high of $79.67. The company has a quick ratio of 5.38, a current ratio of 5.46 and a debt-to-equity ratio of 0.36. The stock’s 50-day simple moving average is $73.37 and its 200 day simple moving average is $71.22. The firm has a market capitalization of $475.21 million, a PE ratio of 3.46 and a beta of 0.62.

Euroseas (NASDAQ:ESEA) last posted its quarterly earnings results on Thursday, August 13th. The shipping company reported $4.70 EPS for the quarter, beating analysts’ consensus estimates of $4.09 by $0.61. Euroseas had a return on equity of 26.58% and a net margin of 59.98%. The business had revenue of $56.50 million during the quarter, compared to the consensus estimate of $55.98 million.

Euroseas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 9th were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Wednesday, September 9th. Euroseas’s payout ratio is presently 16.47%.

Insiders Place Their Bets

In other Euroseas news, insider Symeon Pariaros sold 950 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $79.00, for a total value of $75,050.00. Following the transaction, the insider directly owned 1,900 shares of the company’s stock, valued at approximately $150,100. The trade was a 33.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 55.90% of the company’s stock.

Hedge Funds Weigh In On Euroseas

A number of institutional investors and hedge funds have recently modified their holdings of ESEA. Inspire Investing LLC acquired a new stake in shares of Euroseas during the 1st quarter worth approximately $1,591,000. Navellier & Associates Inc. increased its stake in shares of Euroseas by 94.8% in the 2nd quarter. Navellier & Associates Inc. now owns 15,562 shares of the shipping company’s stock valued at $1,033,000 after acquiring an additional 7,575 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Euroseas in the 2nd quarter valued at $423,000. State of Wyoming acquired a new position in shares of Euroseas during the 1st quarter valued at $323,000. Finally, Renaissance Technologies LLC lifted its position in shares of Euroseas by 4.2% during the 1st quarter. Renaissance Technologies LLC now owns 100,765 shares of the shipping company’s stock valued at $6,736,000 after acquiring an additional 4,087 shares during the period. 6.27% of the stock is currently owned by institutional investors.

Euroseas Company Profile

Euroseas Ltd. (NASDAQ: ESEA) is a shipping company that owns and operates containerships engaged in the transportation of containerized cargo. Its vessels generally serve the feeder and intermediate segments of the container shipping market, connecting smaller or regional ports with major international trade routes.

The company’s fleet is employed primarily through time charters, voyage charters and pool arrangements, depending on market conditions and vessel characteristics. Euroseas serves customers involved in global commerce across a range of international and regional trading areas, with operations managed from Athens, Greece, and a corporate domicile in the Marshall Islands.

Euroseas was established in 2005 by the Pittas family, which has a long history in commercial shipping.