What is Noble Financial’s Forecast for Euroseas Q1 Earnings?

Euroseas Ltd. (NASDAQ:ESEA) – Equities researchers at Noble Financial raised their Q1 2025 earnings per share estimates for Euroseas in a note issued to investors on Tuesday, January 21st. Noble Financial analyst M. Reichman now anticipates that the shipping company will earn $5.02 per share for the quarter, up from their previous forecast of $3.89. The consensus estimate for Euroseas’ current full-year earnings is $15.15 per share. Noble Financial also issued estimates for Euroseas’ Q2 2025 earnings at $3.24 EPS, Q3 2025 earnings at $3.32 EPS and Q4 2025 earnings at $3.22 EPS.

Separately, StockNews.com cut shares of Euroseas from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th.

Euroseas Trading Down 3.6 %

Euroseas stock opened at $32.02 on Thursday. The stock has a 50-day moving average price of $36.75 and a 200 day moving average price of $40.52. Euroseas has a 52 week low of $31.14 and a 52 week high of $50.92. The stock has a market cap of $224.46 million, a PE ratio of 1.97 and a beta of 0.90. The company has a current ratio of 1.65, a quick ratio of 1.59 and a debt-to-equity ratio of 0.53.

Hedge Funds Weigh In On Euroseas

Several institutional investors have recently added to or reduced their stakes in the business. Exchange Traded Concepts LLC acquired a new stake in Euroseas in the 4th quarter worth about $306,000. Retireful LLC purchased a new position in shares of Euroseas during the 4th quarter worth about $222,000. Barclays PLC boosted its position in shares of Euroseas by 67.5% in the third quarter. Barclays PLC now owns 623 shares of the shipping company’s stock worth $30,000 after acquiring an additional 251 shares during the last quarter. Geode Capital Management LLC acquired a new stake in shares of Euroseas in the third quarter worth approximately $248,000. Finally, Sheaff Brock Investment Advisors LLC grew 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 period. 6.27% of the stock is currently owned by institutional investors and hedge funds.

Euroseas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 7.50%. The ex-dividend date of this dividend was Monday, December 9th. Euroseas’s dividend payout ratio (DPR) is 14.80%.

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.