Okeanis Eco Tankers (ECO) Expected to Announce Earnings on Friday

Key Points

• Okeanis Eco Tankers is set to announce its Q2 2025 earnings before the market opens on August 8th, with analysts projecting earnings of $0.33 per share.
• Recently, the company reported a net margin of 22.05% and revenue of $48.60 million for its last quarter, surpassing analysts' expectations.
• A dividend of $0.32 per share was paid on June 12th, yielding an impressive 952.0%, with a payout ratio of 51.61%.

Okeanis Eco Tankers (NYSE:ECO - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Friday, August 8th. Analysts expect the company to announce earnings of $0.33 per share for the quarter.

Okeanis Eco Tankers (NYSE:ECO - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.12. Okeanis Eco Tankers had a return on equity of 18.89% and a net margin of 22.05%. The company had revenue of $48.60 million for the quarter, compared to the consensus estimate of $46.91 million.

Okeanis Eco Tankers Trading Down 0.3%

NYSE:ECO traded down $0.07 on Friday, reaching $23.59. The company's stock had a trading volume of 66,852 shares, compared to its average volume of 101,371. The stock has a 50 day moving average price of $23.11 and a 200 day moving average price of $22.79. Okeanis Eco Tankers has a 12-month low of $17.91 and a 12-month high of $35.64. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 1.43. The firm has a market cap of $759.36 million, a price-to-earnings ratio of 9.51 and a beta of -0.13.

Okeanis Eco Tankers Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, June 12th. Investors of record on Wednesday, June 4th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Tuesday, June 3rd. This represents a yield of 952.0%. Okeanis Eco Tankers's dividend payout ratio is presently 51.61%.

Institutional Investors Weigh In On Okeanis Eco Tankers

An institutional investor recently raised its position in Okeanis Eco Tankers stock. Goldman Sachs Group Inc. boosted its stake in shares of Okeanis Eco Tankers Corp. (NYSE:ECO - Free Report) by 56.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 150,568 shares of the company's stock after purchasing an additional 54,528 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.47% of Okeanis Eco Tankers worth $3,328,000 as of its most recent SEC filing.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group began coverage on Okeanis Eco Tankers in a research note on Wednesday, July 23rd. They set a "buy" rating and a $29.00 target price on the stock.

Okeanis Eco Tankers Company Profile

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.