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

Euroseas Ltd. (NASDAQ:ESEA) – Investment analysts at Noble Financial increased their Q2 2025 EPS estimates for Euroseas in a research note issued to investors on Wednesday, January 8th. Noble Financial analyst M. Reichman now expects that the shipping company will post earnings per share of $3.65 for the quarter, up from their previous estimate of $3.64. The consensus estimate for Euroseas’ current full-year earnings is $15.24 per share. Noble Financial also issued estimates for Euroseas’ Q3 2025 earnings at $3.74 EPS.

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

Euroseas Stock Performance

Euroseas stock opened at $34.36 on Monday. The stock’s 50 day moving average is $37.80 and its 200 day moving average is $40.82. The company has a market capitalization of $240.73 million, a P/E ratio of 2.12 and a beta of 0.90. Euroseas has a twelve month low of $31.14 and a twelve month high of $50.92. The company has a quick ratio of 1.59, a current ratio of 1.65 and a debt-to-equity ratio of 0.53.

Institutional Investors Weigh In On Euroseas

Institutional investors and hedge funds have recently made changes to their positions in the company. Barclays PLC lifted its position in Euroseas by 67.5% in the 3rd quarter. Barclays PLC now owns 623 shares of the shipping company’s stock valued at $30,000 after acquiring an additional 251 shares in the last quarter. Geode Capital Management LLC purchased a new stake in shares of Euroseas during the third quarter valued at $248,000. Redhawk Wealth Advisors Inc. grew its stake in shares of Euroseas by 6.8% in the third quarter. Redhawk Wealth Advisors Inc. now owns 7,593 shares of the shipping company’s stock worth $371,000 after acquiring an additional 485 shares during the period. Sheaff Brock Investment Advisors LLC grew its position in Euroseas by 25.0% in the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 7,810 shares of the shipping company’s stock worth $382,000 after purchasing an additional 1,560 shares during the period. Finally, Squarepoint Ops LLC increased its position in Euroseas by 42.5% during the second quarter. Squarepoint Ops LLC now owns 12,135 shares of the shipping company’s stock valued at $424,000 after acquiring an additional 3,617 shares during the last quarter. Institutional investors own 6.27% of the company’s stock.

Euroseas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th were paid a $0.60 dividend. The ex-dividend date was Monday, December 9th. This represents a $2.40 annualized dividend and a dividend yield of 6.98%. Euroseas’s dividend payout ratio is presently 14.80%.

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.