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B. Riley Cuts Earnings Estimates for Okeanis Eco Tankers

Okeanis Eco Tankers logo with Transportation background

Key Points

  • B. Riley Research has lowered its Q4 2025 earnings per share estimate for Okeanis Eco Tankers from $0.54 to $0.48.
  • Jefferies Financial Group initiated coverage on Okeanis Eco Tankers with a "buy" rating and a price target of $29.00.
  • The company recently reported $0.83 EPS for the quarter, exceeding the consensus estimate of $0.46 by $0.37.
  • MarketBeat previews top five stocks to own in October.

Okeanis Eco Tankers Corp. (NYSE:ECO - Free Report) - Stock analysts at B. Riley cut their Q4 2025 EPS estimates for shares of Okeanis Eco Tankers in a report released on Wednesday, August 13th. B. Riley analyst L. Burke now anticipates that the company will post earnings of $0.48 per share for the quarter, down from their previous estimate of $0.54. The consensus estimate for Okeanis Eco Tankers' current full-year earnings is $1.34 per share. B. Riley also issued estimates for Okeanis Eco Tankers' FY2026 earnings at $2.00 EPS.

ECO has been the subject of a number of other reports. Zacks Research raised Okeanis Eco Tankers from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 14th. Jefferies Financial Group began coverage on shares of Okeanis Eco Tankers in a research note on Wednesday, July 23rd. They issued a "buy" rating and a $29.00 target price for the company. One analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $34.50.

Check Out Our Latest Analysis on ECO

Okeanis Eco Tankers Price Performance

Okeanis Eco Tankers stock traded up $0.5670 during trading hours on Friday, hitting $26.0370. 79,484 shares of the stock were exchanged, compared to its average volume of 170,849. Okeanis Eco Tankers has a 12 month low of $17.91 and a 12 month high of $35.64. The business's 50-day moving average is $23.80 and its two-hundred day moving average is $22.96. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.65 and a current ratio of 1.96. The stock has a market capitalization of $838.13 million, a P/E ratio of 12.46 and a beta of -0.13.

Okeanis Eco Tankers (NYSE:ECO - Get Free Report) last issued its earnings results on Tuesday, August 12th. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.37. The business had revenue of $93.95 million for the quarter, compared to analyst estimates of $56.10 million. Okeanis Eco Tankers had a net margin of 19.52% and a return on equity of 15.81%.

Okeanis Eco Tankers Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, September 5th. Stockholders of record on Monday, August 25th will be given a dividend of $0.70 per share. The ex-dividend date is Friday, August 22nd. This is a positive change from Okeanis Eco Tankers's previous dividend of $0.32. This represents a dividend yield of 1,080.0%. Okeanis Eco Tankers's dividend payout ratio (DPR) is currently 61.24%.

Hedge Funds Weigh In On Okeanis Eco Tankers

A number of large investors have recently modified their holdings of ECO. SG Americas Securities LLC lifted its holdings in Okeanis Eco Tankers by 108.2% in the second quarter. SG Americas Securities LLC now owns 420,789 shares of the company's stock valued at $9,144,000 after buying an additional 218,717 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Okeanis Eco Tankers by 56.8% in the first quarter. Goldman Sachs Group Inc. now owns 150,568 shares of the company's stock valued at $3,328,000 after buying an additional 54,528 shares during the period. Semmax Financial Advisors Inc. lifted its holdings in Okeanis Eco Tankers by 8.2% in the second quarter. Semmax Financial Advisors Inc. now owns 132,545 shares of the company's stock valued at $2,880,000 after buying an additional 10,016 shares during the period. Boston Partners lifted its holdings in Okeanis Eco Tankers by 23.9% in the first quarter. Boston Partners now owns 71,731 shares of the company's stock valued at $1,585,000 after buying an additional 13,842 shares during the period. Finally, Walleye Capital LLC acquired a new position in Okeanis Eco Tankers in the fourth quarter valued at approximately $1,144,000.

About Okeanis Eco Tankers

(Get Free Report)

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.

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