Q1 Earnings Forecast for Euroseas Issued By Noble Financial

Key Points

• Noble Financial forecast Euroseas to earn $4.09 per share in Q1 2027, with quarterly estimates rising to $4.95 in Q4 and full-year 2027 EPS projected at $18.00.
• Analyst sentiment remains favorable, with three Buy ratings and one Hold rating producing a “Moderate Buy” consensus and an average price target of $93.00.
• Euroseas recently reported quarterly EPS of $4.70, exceeding estimates by $0.61, and pays a quarterly dividend of $0.80 per share, equivalent to a 4.8% annualized yield.

Euroseas Ltd. (NASDAQ:ESEA - Free Report) - Equities research analysts at Noble Financial issued their Q1 2027 earnings estimates for shares of Euroseas in a report released on Tuesday, October 20th. Noble Financial analyst M. Reichman forecasts that the shipping company will post earnings of $4.09 per share for the quarter. The consensus estimate for Euroseas' current full-year earnings is $18.03 per share. Noble Financial also issued estimates for Euroseas' Q2 2027 earnings at $4.27 EPS, Q3 2027 earnings at $4.69 EPS, Q4 2027 earnings at $4.95 EPS and FY2027 earnings at $18.00 EPS.

Several other research analysts have also recently commented on ESEA. Weiss Ratings raised Euroseas from a "hold (c)" rating to a "buy (b-)" rating in a research report on Friday. Freedom Broker started coverage on Euroseas in a research report on Tuesday, September 29th. They set a "buy" rating and a $93.00 price target on the stock. Finally, Zacks Research cut Euroseas from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 29th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Euroseas currently has an average rating of "Moderate Buy" and an average target price of $93.00.

Euroseas Stock Performance

ESEA opened at $67.31 on Wednesday. Euroseas has a 52-week low of $51.00 and a 52-week high of $79.67. The firm has a market capitalization of $475.21 million, a PE ratio of 3.46 and a beta of 0.62. The company has a debt-to-equity ratio of 0.36, a quick ratio of 5.38 and a current ratio of 5.46. The business's 50-day simple moving average is $73.37 and its 200 day simple moving average is $71.22.

Euroseas (NASDAQ:ESEA - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The shipping company reported $4.70 EPS for the quarter, topping analysts' consensus estimates of $4.09 by $0.61. The company had revenue of $56.50 million during the quarter, compared to the consensus estimate of $55.98 million. Euroseas had a net margin of 59.98% and a return on equity of 26.58%.

Euroseas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 9th were paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Wednesday, September 9th. Euroseas's dividend payout ratio (DPR) is currently 16.47%.

Insider Activity

In related news, insider Symeon Pariaros sold 950 shares of Euroseas stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $79.00, for a total transaction of $75,050.00. Following the completion of the sale, the insider owned 1,900 shares of the company's stock, valued at approximately $150,100. The trade was a 33.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 55.90% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Renaissance Technologies LLC grew its position in shares of Euroseas by 4.2% in the first quarter. Renaissance Technologies LLC now owns 100,765 shares of the shipping company's stock valued at $6,736,000 after purchasing an additional 4,087 shares during the last quarter. Inspire Investing LLC bought a new position in shares of Euroseas during the first quarter worth approximately $1,591,000. Navellier & Associates Inc. lifted its holdings in Euroseas by 94.8% during the 2nd quarter. Navellier & Associates Inc. now owns 15,562 shares of the shipping company's stock worth $1,033,000 after purchasing an additional 7,575 shares during the last quarter. WINTON GROUP Ltd lifted its holdings in Euroseas by 33.1% during the 2nd quarter. WINTON GROUP Ltd now owns 8,036 shares of the shipping company's stock worth $533,000 after purchasing an additional 1,998 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new stake in Euroseas during the 2nd quarter worth approximately $423,000. Institutional investors and hedge funds own 6.27% of the company's stock.

About Euroseas

Euroseas Ltd. NASDAQ: ESEA is a shipping company that owns and operates containerships engaged in the transportation of containerized cargo. Its vessels generally serve the feeder and intermediate segments of the container shipping market, connecting smaller or regional ports with major international trade routes.

The company's fleet is employed primarily through time charters, voyage charters and pool arrangements, depending on market conditions and vessel characteristics. Euroseas serves customers involved in global commerce across a range of international and regional trading areas, with operations managed from Athens, Greece, and a corporate domicile in the Marshall Islands.

Euroseas was established in 2005 by the Pittas family, which has a long history in commercial shipping.

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