Okeanis Eco Tankers Corp. (NYSE:ECO - Free Report) - Research analysts at B. Riley boosted their Q3 2025 EPS estimates for shares of Okeanis Eco Tankers in a research note issued on Wednesday, August 13th. B. Riley analyst L. Burke now anticipates that the company will post earnings per share of $0.29 for the quarter, up from their prior estimate of $0.19. The consensus estimate for Okeanis Eco Tankers' current full-year earnings is $1.34 per share. B. Riley also issued estimates for Okeanis Eco Tankers' FY2025 earnings at $1.96 EPS.
Okeanis Eco Tankers (NYSE:ECO - Get Free Report) last released its quarterly earnings data on Tuesday, August 12th. The company reported $0.83 earnings per share for the quarter, topping analysts' consensus estimates of $0.46 by $0.37. Okeanis Eco Tankers had a net margin of 19.52% and a return on equity of 15.81%. The business had revenue of $93.95 million for the quarter, compared to analysts' expectations of $56.10 million.
Separately, Jefferies Financial Group began coverage on shares of 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.
Read Our Latest Stock Report on ECO
Okeanis Eco Tankers Stock Up 1.5%
ECO stock opened at $25.94 on Monday. The company has a quick ratio of 1.65, a current ratio of 1.96 and a debt-to-equity ratio of 1.36. Okeanis Eco Tankers has a fifty-two week low of $17.91 and a fifty-two week high of $35.64. The firm's 50-day simple moving average is $23.55 and its 200 day simple moving average is $22.91. The stock has a market cap of $835.01 million, a PE ratio of 12.41 and a beta of -0.13.
Institutional Trading of Okeanis Eco Tankers
Several institutional investors have recently made changes to their positions in ECO. SG Americas Securities LLC bought a new position in Okeanis Eco Tankers during the first quarter valued at approximately $4,466,000. Citadel Advisors LLC raised its position in shares of Okeanis Eco Tankers by 21.7% in the fourth quarter. Citadel Advisors LLC now owns 13,108 shares of the company's stock valued at $279,000 after purchasing an additional 2,340 shares during the period. Boothbay Fund Management LLC bought a new position in shares of Okeanis Eco Tankers in the fourth quarter valued at approximately $527,000. Wells Fargo & Company MN bought a new position in shares of Okeanis Eco Tankers in the fourth quarter valued at approximately $78,000. Finally, Bank of America Corp DE raised its position in shares of Okeanis Eco Tankers by 25.9% in the fourth quarter. Bank of America Corp DE now owns 23,307 shares of the company's stock valued at $496,000 after purchasing an additional 4,798 shares during the period.
Okeanis Eco Tankers Announces Dividend
The business also recently declared a dividend, which was paid on Thursday, June 12th. Investors of record on Wednesday, June 4th were issued a dividend of $0.32 per share. This represents a dividend yield of 952.0%. The ex-dividend date was Tuesday, June 3rd. Okeanis Eco Tankers's dividend payout ratio (DPR) is currently 61.24%.
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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