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NYSE:ECO

Okeanis Eco Tankers (ECO) Stock Price, News & Analysis

Okeanis Eco Tankers logo
$26.51
-0.33 (-1.23%)
(As of 10/31/2024 ET)

About Okeanis Eco Tankers Stock (NYSE:ECO)

Key Stats

Today's Range
$26.21
$26.95
50-Day Range
$26.93
$35.63
52-Week Range
$23.05
$36.69
Volume
189,843 shs
Average Volume
67,446 shs
Market Capitalization
$853.46 million
P/E Ratio
7.01
Dividend Yield
16.60%
Price Target
$44.00
Consensus Rating
Buy

Company Overview

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.

Okeanis Eco Tankers Stock Analysis - MarketRank™

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95th Percentile Overall Score

ECO MarketRank™: 

Okeanis Eco Tankers scored higher than 95% of companies evaluated by MarketBeat, and ranked 7th out of 126 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Okeanis Eco Tankers has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Okeanis Eco Tankers has received no research coverage in the past 90 days.

  • Read more about Okeanis Eco Tankers' stock forecast and price target.
  • Earnings Growth

    Earnings for Okeanis Eco Tankers are expected to grow by 17.33% in the coming year, from $3.52 to $4.13 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Okeanis Eco Tankers is 7.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Okeanis Eco Tankers is 7.01, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 17.22.

  • Price to Book Value per Share Ratio

    Okeanis Eco Tankers has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Okeanis Eco Tankers' valuation and earnings.
  • Percentage of Shares Shorted

    1.61% of the float of Okeanis Eco Tankers has been sold short.
  • Short Interest Ratio / Days to Cover

    Okeanis Eco Tankers has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Okeanis Eco Tankers has recently decreased by 56.51%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Okeanis Eco Tankers is a leading dividend payer. It pays a dividend yield of 15.17%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Okeanis Eco Tankers does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Okeanis Eco Tankers is 105.01%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Okeanis Eco Tankers will have a dividend payout ratio of 106.54% in the coming year. This indicates that Okeanis Eco Tankers may not be able to sustain their current dividend.

  • Read more about Okeanis Eco Tankers' dividend.
  • Percentage of Shares Shorted

    1.61% of the float of Okeanis Eco Tankers has been sold short.
  • Short Interest Ratio / Days to Cover

    Okeanis Eco Tankers has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Okeanis Eco Tankers has recently decreased by 56.51%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Okeanis Eco Tankers has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Okeanis Eco Tankers this week, compared to 1 article on an average week.
  • Search Interest

    8 people have searched for ECO on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added Okeanis Eco Tankers to their MarketBeat watchlist in the last 30 days.
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ECO Stock News Headlines

Analyzing Okeanis Eco Tankers (ECO) & Its Competitors
Reviewing Okeanis Eco Tankers (ECO) & Its Peers
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Okeanis Eco Tankers Corp
Okeanis Eco Tankers (ECO) versus Its Peers Financial Analysis
Okeanis Eco Tankers (ECO) vs. Its Peers Critical Survey
See More Headlines

ECO Stock Analysis - Frequently Asked Questions

Okeanis Eco Tankers' stock was trading at $27.0279 on January 1st, 2024. Since then, ECO shares have decreased by 1.9% and is now trading at $26.51.
View the best growth stocks for 2024 here
.

Okeanis Eco Tankers Corp. (NYSE:ECO) issued its quarterly earnings data on Friday, August, 9th. The company reported $1.23 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.33. The company had revenue of $111.99 million for the quarter, compared to analysts' expectations of $100.71 million. Okeanis Eco Tankers had a net margin of 30.17% and a trailing twelve-month return on equity of 28.35%.

Top institutional investors of Okeanis Eco Tankers include Glenorchy Capital Ltd (0.08%).

Shares of ECO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Okeanis Eco Tankers investors own include Legal & General Group (LGGNY), NextEra Energy Partners (NEP), CTO Realty Growth (CTO), Enterprise Products Partners (EPD), Energy Transfer (ET), Global Net Lease (GNL) and Medical Properties Trust (MPW).

Company Calendar

Last Earnings
8/09/2024
Ex-Dividend for 9/5 Dividend
8/21/2024
Dividend Payable
9/05/2024
Today
10/31/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Employees
14
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$44.00
High Stock Price Target
$44.00
Low Stock Price Target
$44.00
Potential Upside/Downside
+64.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$145.25 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$403.85 million
Cash Flow
$4.98 per share
Book Value
$12.68 per share

Miscellaneous

Free Float
N/A
Market Cap
$861.19 million
Optionable
N/A
Beta
N/A
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This page (NYSE:ECO) was last updated on 10/31/2024 by MarketBeat.com Staff
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