Noble Financial Has Bullish Outlook for Euroseas Q3 Earnings

Euroseas Ltd. (NASDAQ:ESEA - Free Report) - Stock analysts at Noble Financial increased their Q3 2025 earnings per share estimates for Euroseas in a research note issued on Thursday, June 5th. Noble Financial analyst M. Reichman now expects that the shipping company will post earnings of $3.89 per share for the quarter, up from their prior estimate of $3.77. The consensus estimate for Euroseas' current full-year earnings is $15.15 per share. Noble Financial also issued estimates for Euroseas' Q4 2025 earnings at $3.88 EPS and FY2025 earnings at $14.50 EPS.

Separately, Wall Street Zen began coverage on Euroseas in a research note on Tuesday, May 20th. They set a "hold" rating on the stock.

Euroseas Stock Up 0.7%

Shares of ESEA stock traded up $0.27 during trading hours on Friday, reaching $40.85. 14,279 shares of the company's stock were exchanged, compared to its average volume of 37,126. Euroseas has a 1 year low of $26.30 and a 1 year high of $50.92. The stock has a market cap of $286.36 million, a PE ratio of 2.52 and a beta of 0.78. The company has a current ratio of 1.65, a quick ratio of 1.59 and a debt-to-equity ratio of 0.53. The stock's fifty day moving average price is $33.73 and its two-hundred day moving average price is $34.13.

Institutional Investors Weigh In On Euroseas

A number of large investors have recently modified their holdings of the business. Renaissance Technologies LLC lifted its holdings in shares of Euroseas by 17.0% during the fourth quarter. Renaissance Technologies LLC now owns 115,078 shares of the shipping company's stock worth $4,166,000 after purchasing an additional 16,700 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Euroseas by 389.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 53,840 shares of the shipping company's stock worth $1,949,000 after purchasing an additional 42,830 shares during the period. Millennium Management LLC lifted its holdings in shares of 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 period. Marshall Wace LLP lifted its holdings in shares of Euroseas by 71.5% during the fourth quarter. Marshall Wace LLP now owns 40,703 shares of the shipping company's stock worth $1,473,000 after purchasing an additional 16,969 shares during the period. Finally, Lazard Asset Management LLC lifted its holdings in shares of Euroseas by 30.9% during the fourth quarter. Lazard Asset Management LLC now owns 30,165 shares of the shipping company's stock worth $1,091,000 after purchasing an additional 7,127 shares during the period. Hedge funds and other institutional investors own 6.27% of the company's stock.

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.