Q2 Earnings Estimate for Euroseas Issued By Noble Financial

Euroseas Ltd. (NASDAQ:ESEA) – Noble Financial lifted their Q2 2025 EPS estimates for Euroseas in a research report issued on Tuesday, April 8th. Noble Financial analyst M. Reichman now anticipates that the shipping company will earn $3.43 per share for the quarter, up from their previous forecast of $3.37. 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 $3.77 EPS, Q4 2025 earnings at $3.81 EPS and FY2025 earnings at $14.42 EPS.

Separately, StockNews.com started coverage on Euroseas in a research note on Saturday, March 22nd. They issued a “buy” rating for the company.

Euroseas Trading Up 6.2 %

Shares of NASDAQ:ESEA opened at $29.46 on Thursday. Euroseas has a 1 year low of $26.30 and a 1 year high of $50.92. The firm has a market capitalization of $206.40 million, a price-to-earnings ratio of 1.82 and a beta of 0.66. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.65 and a quick ratio of 1.59. The business’s 50 day moving average price is $32.09 and its 200-day moving average price is $36.65.

Hedge Funds Weigh In On Euroseas

Large investors have recently made changes to their positions in the stock. Novem Group acquired a new stake in shares of Euroseas in the fourth quarter worth approximately $847,000. Millennium Management LLC lifted its stake in Euroseas by 661.4% during the fourth quarter. Millennium Management LLC now owns 40,931 shares of the shipping company’s stock worth $1,482,000 after purchasing an additional 35,555 shares during the last quarter. Lazard Asset Management LLC lifted its stake in Euroseas by 30.9% in the fourth quarter. Lazard Asset Management LLC now owns 30,165 shares of the shipping company’s stock valued at $1,091,000 after buying an additional 7,127 shares during the last quarter. Cubist Systematic Strategies LLC lifted its stake in Euroseas by 4.6% in the fourth quarter. Cubist Systematic Strategies LLC now owns 10,813 shares of the shipping company’s stock valued at $391,000 after buying an additional 471 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Euroseas by 1,611.0% during the fourth quarter. Bank of America Corp DE now owns 1,865 shares of the shipping company’s stock valued at $68,000 after purchasing an additional 1,756 shares during the period. Hedge funds and other institutional investors own 6.27% of the company’s stock.

Euroseas Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 11th were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 8.83%. The ex-dividend date was Tuesday, March 11th. This is a boost from Euroseas’s previous quarterly dividend of $0.60. Euroseas’s dividend payout ratio (DPR) is 16.10%.

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.