Noble Financial Has Positive Outlook of Euroseas Q2 Earnings

Euroseas Ltd. (NASDAQ:ESEA) – Investment analysts at Noble Financial increased their Q2 2025 earnings estimates for Euroseas in a report issued on Tuesday, February 4th. Noble Financial analyst M. Reichman now expects that the shipping company will earn $3.73 per share for the quarter, up from their prior estimate of $3.24. The consensus estimate for Euroseas’ current full-year earnings is $15.15 per share. Noble Financial also issued estimates for Euroseas’ Q3 2025 earnings at $3.74 EPS, Q4 2025 earnings at $3.67 EPS and FY2025 earnings at $16.19 EPS.

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

Euroseas Trading Up 0.7 %

NASDAQ ESEA opened at $32.85 on Thursday. Euroseas has a 52 week low of $30.21 and a 52 week high of $50.92. The firm has a 50 day moving average of $34.73 and a two-hundred day moving average of $39.94. The company has a quick ratio of 1.59, a current ratio of 1.65 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $230.28 million, a PE ratio of 2.03 and a beta of 0.85.

Euroseas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Monday, December 9th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 7.31%. The ex-dividend date of this dividend was Monday, December 9th. Euroseas’s dividend payout ratio (DPR) is 14.80%.

Hedge Funds Weigh In On Euroseas

Hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC lifted its position in shares of Euroseas by 67.5% during the 3rd quarter. Barclays PLC now owns 623 shares of the shipping company’s stock worth $30,000 after buying an additional 251 shares during the last quarter. Retireful LLC acquired a new stake in Euroseas during the 4th quarter worth $222,000. Geode Capital Management LLC purchased a new stake in Euroseas in the third quarter valued at $248,000. Exchange Traded Concepts LLC acquired a new position in Euroseas in the fourth quarter valued at $306,000. Finally, Redhawk Wealth Advisors Inc. grew its holdings in shares of Euroseas by 6.8% during the third quarter. Redhawk Wealth Advisors Inc. now owns 7,593 shares of the shipping company’s stock worth $371,000 after purchasing an additional 485 shares during the last quarter. 6.27% of the stock is currently owned by hedge funds and other institutional investors.

About Euroseas

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.