Euroseas (ESEA) Expected to Announce Earnings on Tuesday

Key Points

• Euroseas (NASDAQ:ESEA) is set to announce its Q2 2025 earnings on Tuesday, August 5th, with analysts predicting earnings of $3.45 per share and revenue of $53.31 million.
• The company recently declared a quarterly dividend of $0.65, resulting in an annualized dividend of $2.60 and a yield of 5.03%.
• Euroseas' stock is showing strong performance with a market cap of $362.56 million and a notable price-to-earnings ratio of 2.79.

Euroseas (NASDAQ:ESEA - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data before the market opens on Tuesday, August 5th. Analysts expect Euroseas to post earnings of $3.45 per share and revenue of $53.31 million for the quarter.

Euroseas (NASDAQ:ESEA - Get Free Report) last posted its quarterly earnings data on Wednesday, June 18th. The shipping company reported $3.76 EPS for the quarter, topping the consensus estimate of $3.35 by $0.41. The firm had revenue of $54.74 million during the quarter, compared to analyst estimates of $53.92 million. Euroseas had a net margin of 58.28% and a return on equity of 31.70%. During the same quarter in the previous year, the business posted $2.66 EPS. On average, analysts expect Euroseas to post $15 EPS for the current fiscal year and $17 EPS for the next fiscal year.

Euroseas Stock Performance

NASDAQ:ESEA traded down $0.31 during trading hours on Friday, hitting $51.44. 45,698 shares of the company were exchanged, compared to its average volume of 41,950. The stock has a market capitalization of $360.59 million, a price-to-earnings ratio of 2.77 and a beta of 0.82. Euroseas has a 52-week low of $26.30 and a 52-week high of $53.05. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.74 and a quick ratio of 1.68. The company's 50 day moving average price is $45.78 and its 200-day moving average price is $37.12.

Euroseas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 16th. Shareholders of record on Wednesday, July 9th were given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Wednesday, July 9th. Euroseas's payout ratio is currently 14.00%.

Analysts Set New Price Targets

Several research firms have weighed in on ESEA. Wall Street Zen raised shares of Euroseas from a "hold" rating to a "buy" rating in a research report on Saturday, June 21st. Maxim Group upped their price objective on shares of Euroseas from $57.00 to $62.00 and gave the company a "buy" rating in a report on Monday, June 23rd.

Hedge Funds Weigh In On Euroseas

A hedge fund recently raised its stake in Euroseas stock. Bank of America Corp DE boosted its stake in shares of Euroseas Ltd. (NASDAQ:ESEA - Free Report) by 1,611.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,865 shares of the shipping company's stock after acquiring an additional 1,756 shares during the period. Bank of America Corp DE's holdings in Euroseas were worth $68,000 at the end of the most recent quarter. Institutional investors own 6.27% of the company's stock.

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.