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 released its quarterly 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. The business had revenue of $48.60 million during the quarter, compared to analyst estimates of $46.91 million. Okeanis Eco Tankers had a return on equity of 18.89% and a net margin of 22.05%.
Okeanis Eco Tankers Trading Up 2.3%
ECO traded up $0.54 during midday trading on Monday, reaching $24.14. 27,562 shares of the company's stock traded hands, compared to its average volume of 172,258. The firm has a fifty day moving average of $23.11 and a two-hundred day moving average of $22.78. The stock has a market capitalization of $777.07 million, a price-to-earnings ratio of 9.73 and a beta of -0.13. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.65 and a quick ratio of 1.28. Okeanis Eco Tankers has a 52 week low of $17.91 and a 52 week high of $35.64.
Okeanis Eco Tankers Dividend Announcement
The company also recently announced a dividend, which was paid on Thursday, June 12th. Stockholders of record on Wednesday, June 4th were given a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, June 3rd. This represents a dividend yield of 952.0%. Okeanis Eco Tankers's dividend payout ratio is currently 51.61%.
Analysts Set New Price Targets
Separately, Jefferies Financial Group started coverage on Okeanis Eco Tankers in a research report on Wednesday, July 23rd. They issued a "buy" rating and a $29.00 target price for the company.
Get Our Latest Stock Report on ECO
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Okeanis Eco Tankers stock. Goldman Sachs Group Inc. increased its stake in Okeanis Eco Tankers Corp. (NYSE:ECO - Free Report) by 56.8% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 150,568 shares of the company's stock after buying an additional 54,528 shares during the period. Goldman Sachs Group Inc. owned 0.47% of Okeanis Eco Tankers worth $3,328,000 as of its most recent filing with the Securities & Exchange Commission.
About Okeanis Eco Tankers
(
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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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