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

Euroseas Ltd. (NASDAQ:ESEA) – Analysts at Noble Financial lowered their Q2 2026 earnings estimates for shares of Euroseas in a research report issued to clients and investors on Thursday, February 12th. Noble Financial analyst M. Reichman now anticipates that the shipping company will earn $4.32 per share for the quarter, down from their previous forecast of $4.43. The consensus estimate for Euroseas’ current full-year earnings is $15.15 per share. Noble Financial also issued estimates for Euroseas’ Q3 2026 earnings at $4.07 EPS, Q4 2026 earnings at $4.11 EPS and FY2026 earnings at $16.94 EPS.

Separately, Weiss Ratings reissued a “buy (b-)” rating on shares of Euroseas in a report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Euroseas has an average rating of “Moderate Buy” and an average target price of $62.00.

Euroseas Price Performance

Shares of Euroseas stock opened at $55.56 on Friday. The firm has a market cap of $389.48 million, a PE ratio of 3.21 and a beta of 0.81. Euroseas has a twelve month low of $26.30 and a twelve month high of $66.00. The company has a quick ratio of 3.53, a current ratio of 3.59 and a debt-to-equity ratio of 0.47. The business has a 50-day moving average price of $55.37 and a 200 day moving average price of $57.49.

Euroseas Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Tuesday, December 9th were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 5.0%. The ex-dividend date was Tuesday, December 9th. Euroseas’s payout ratio is presently 16.17%.

Hedge Funds Weigh In On Euroseas

A number of hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Euroseas by 540.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,280 shares of the shipping company’s stock worth $76,000 after acquiring an additional 1,080 shares during the last quarter. Navellier & Associates Inc. acquired a new stake in Euroseas during the 4th quarter worth $537,000. North Star Investment Management Corp. purchased a new stake in shares of Euroseas during the fourth quarter worth $819,000. Commons Capital LLC acquired a new stake in shares of Euroseas in the fourth quarter valued at about $563,000. Finally, PharVision Advisers LLC purchased a new position in shares of Euroseas in the third quarter worth about $493,000. Institutional investors and hedge funds own 6.27% of the company’s stock.

About Euroseas

Euroseas Ltd. (NASDAQ: ESEA) is an international shipping company specializing in seaborne transportation of containerized and drybulk cargoes. Incorporated in Bermuda with its principal operations and management office based in Athens, Greece, the company owns and charters a diversified fleet of containerships, drybulk carriers and multipurpose vessels. Euroseas provides tailored shipping solutions on time-charter and voyage-charter agreements, serving manufacturers, commodity traders and logistics providers across major trade routes.

Euroseas’s fleet comprises both owned and chartered tonnage, enabling the company to adjust capacity to market conditions and customer requirements.