Q3 Earnings Estimate for Euroseas Issued By Noble Financial

Key Points

• Noble Financial raised its Q3 2026 EPS forecast for Euroseas to $4.40 from $4.38, while full-year analyst consensus stands at $18.10 per share.
• Euroseas reported quarterly EPS of $4.70, beating estimates of $4.09, with revenue of $56.50 million versus expectations of $55.98 million.
• The company declared a quarterly dividend of $0.80, equivalent to $3.20 annually and a 4.1% yield. Despite mostly positive analyst actions, the stock carries a consensus “Hold” rating.

Euroseas Ltd. (NASDAQ:ESEA - Free Report) - Analysts at Noble Financial increased their Q3 2026 earnings estimates for shares of Euroseas in a note issued to investors on Monday, August 17th. Noble Financial analyst M. Reichman now forecasts that the shipping company will post earnings of $4.40 per share for the quarter, up from their previous forecast of $4.38. The consensus estimate for Euroseas' current full-year earnings is $18.10 per share.

Other equities research analysts have also recently issued research reports about the stock. Zacks Research cut shares of Euroseas from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 29th. Alliance Global Partners reaffirmed a "buy" rating on shares of Euroseas in a research note on Monday, April 20th. Weiss Ratings raised shares of Euroseas from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday. Finally, Wall Street Zen upgraded shares of Euroseas from a "hold" rating to a "buy" rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold".

Euroseas Price Performance

Shares of ESEA stock opened at $77.17 on Tuesday. The firm has a market cap of $544.82 million, a price-to-earnings ratio of 3.97 and a beta of 0.45. Euroseas has a 12 month low of $51.00 and a 12 month high of $79.67. The company has a quick ratio of 5.38, a current ratio of 5.46 and a debt-to-equity ratio of 0.39. The stock has a 50-day moving average price of $71.55 and a 200 day moving average price of $67.64.

Euroseas (NASDAQ:ESEA - Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The shipping company reported $4.70 EPS for the quarter, beating analysts' consensus estimates of $4.09 by $0.61. The firm had revenue of $56.50 million for the quarter, compared to analyst estimates of $55.98 million. Euroseas had a return on equity of 27.49% and a net margin of 59.98%.

Euroseas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 9th will be paid a $0.80 dividend. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 4.1%. Euroseas's dividend payout ratio is 16.47%.

Institutional Trading of Euroseas

A number of hedge funds have recently modified their holdings of the company. North Star Investment Management Corp. bought a new stake in Euroseas in the fourth quarter valued at approximately $819,000. Inspire Investing LLC acquired a new stake in Euroseas during the 1st quarter worth $1,591,000. Navellier & Associates Inc. acquired a new position in Euroseas in the fourth quarter valued at about $537,000. Lazard Asset Management LLC increased its holdings in shares of Euroseas by 3.7% in the fourth quarter. Lazard Asset Management LLC now owns 35,031 shares of the shipping company's stock worth $1,913,000 after acquiring an additional 1,262 shares in the last quarter. Finally, Jump Financial LLC raised its position in shares of Euroseas by 39.3% during the fourth quarter. Jump Financial LLC now owns 10,692 shares of the shipping company's stock worth $584,000 after purchasing an additional 3,019 shares during the period. 6.27% of the stock is currently owned by institutional investors and hedge funds.

Euroseas Company Profile

Euroseas Ltd. NASDAQ: ESEA is an international shipping company specializing in seaborne transportation of containerized and drybulk cargoes. Incorporated in Bermuda with its principal operations and management office based in Athens, Greece, the company owns and charters a diversified fleet of containerships, drybulk carriers and multipurpose vessels. Euroseas provides tailored shipping solutions on time-charter and voyage-charter agreements, serving manufacturers, commodity traders and logistics providers across major trade routes.

Euroseas’s fleet comprises both owned and chartered tonnage, enabling the company to adjust capacity to market conditions and customer requirements.

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