Q1 Earnings Estimate for Euroseas Issued By Noble Financial

Key Points

• Noble Financial has estimated Euroseas Ltd.'s Q1 2026 earnings per share at $4.52, with a full-year estimate of $17.74 EPS for 2026.
• Euroseas recently announced an increase in its quarterly dividend to $0.70, representing a yield of 4.7%.
• Shares of Euroseas have experienced significant growth, with prices increasing by 6.6% recently, reaching $59.75 per share.

Euroseas Ltd. (NASDAQ:ESEA - Free Report) - Equities researchers at Noble Financial issued their Q1 2026 earnings per share (EPS) estimates for shares of Euroseas in a research report issued on Friday, August 15th. Noble Financial analyst M. Reichman expects that the shipping company will post earnings of $4.52 per share for the quarter. The consensus estimate for Euroseas' current full-year earnings is $15.15 per share. Noble Financial also issued estimates for Euroseas' Q2 2026 earnings at $4.59 EPS, Q3 2026 earnings at $4.39 EPS, Q4 2026 earnings at $4.25 EPS and FY2026 earnings at $17.74 EPS.

Several other analysts also recently weighed in on ESEA. Wall Street Zen upgraded Euroseas from a "hold" rating to a "buy" rating in a research report on Saturday, June 21st. Maxim Group boosted their price objective on Euroseas from $57.00 to $62.00 and gave the company a "buy" rating in a research report on Monday, June 23rd. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $61.00.

Euroseas Trading Up 1.5%

ESEA stock traded up $0.94 during midday trading on Monday, hitting $64.31. The company had a trading volume of 28,391 shares, compared to its average volume of 36,890. The company has a current ratio of 3.21, a quick ratio of 3.15 and a debt-to-equity ratio of 0.51. Euroseas has a 52 week low of $26.30 and a 52 week high of $65.45. The stock's 50 day moving average price is $50.25 and its 200 day moving average price is $39.39. The stock has a market cap of $450.62 million, a price-to-earnings ratio of 3.80 and a beta of 0.83.

Euroseas (NASDAQ:ESEA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The shipping company reported $4.20 earnings per share for the quarter, beating the consensus estimate of $3.87 by $0.33. Euroseas had a return on equity of 28.56% and a net margin of 53.75%.The firm had revenue of $57.23 million during the quarter, compared to the consensus estimate of $53.31 million.

Hedge Funds Weigh In On Euroseas

Institutional investors have recently added to or reduced their stakes in the company. Millennium Management LLC increased 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 valued at $1,482,000 after acquiring an additional 35,555 shares in the last quarter. Novem Group bought a new position in shares of Euroseas during the fourth quarter valued at $847,000. Raymond James Financial Inc. bought a new position in shares of Euroseas during the second quarter valued at $870,000. Marshall Wace LLP increased 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 valued at $1,473,000 after acquiring an additional 16,969 shares in the last quarter. Finally, Renaissance Technologies LLC increased 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 valued at $4,166,000 after acquiring an additional 16,700 shares in the last quarter. Institutional investors own 6.27% of the company's stock.

Euroseas Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 9th will be issued a dividend of $0.70 per share. This is a boost from Euroseas's previous quarterly dividend of $0.65. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Tuesday, September 9th. Euroseas's dividend payout ratio is currently 16.45%.

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.