NASDAQ:EDRY - EuroDry Stock Price, Forecast & News

EuroDry trades on the NASDAQ under the ticker symbol "EDRY."

EuroDry Ltd (NASDAQ:EDRY) posted its quarterly earnings data on Wednesday, February, 12th. The company reported $0.45 EPS for the quarter, beating the Zacks' consensus estimate of ($0.17) by $0.62. The business earned $7.61 million during the quarter. EuroDry had a negative return on equity of 0.23% and a negative net margin of 1.67%. View EuroDry's Earnings History.

EuroDry is scheduled to release their next quarterly earnings announcement on Thursday, May 28th 2020. View Earnings Estimates for EuroDry.

2 brokers have issued 1 year price targets for EuroDry's shares. Their forecasts range from $8.00 to $11.44. On average, they anticipate EuroDry's stock price to reach $9.72 in the next twelve months. This suggests a possible upside of 69.0% from the stock's current price. View Analyst Price Targets for EuroDry.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EuroDry in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for EuroDry.

Media coverage about EDRY stock has been trending somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. EuroDry earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for EuroDry.

EuroDry saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 4,500 shares, an increase of 1,400.0% from the January 15th total of 300 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is currently 3.2 days. Approximately 0.5% of the shares of the stock are sold short. View EuroDry's Current Options Chain.

Some companies that are related to EuroDry include Royal Caribbean Cruises (RCL), Carnival (CCL), Brookfield Infrastructure Partners (BIP), Carnival (CUK), Kirby (KEX), Matson (MATX), Golar LNG (GLNG), Teekay Lng Partners (TGP), Golden Ocean Group (GOGL), Tidewater (TDW), Teekay Offshore Partners (TOO), KNOT Offshore Partners (KNOP), International Seaways (INSW), GasLog (GLOG) and Teekay Tankers (TNK).

Based on aggregate information from My MarketBeat watchlists, some companies that other EuroDry investors own include Hoegh LNG Partners (HMLP), Verizon Communications (VZ), Methanex (MEOH), Pattern Energy Group (PEGI), Walgreens Boots Alliance (WBA), AbbVie (ABBV), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS) and Carnival (CCL).

Shares of EDRY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of EDRY stock can currently be purchased for approximately $5.75.

EuroDry has a market capitalization of $13.11 million and generates $27.24 million in revenue each year. The company earns $20,000.00 in net income (profit) each year or ($0.69) on an earnings per share basis. View Additional Information About EuroDry.

The official website for EuroDry is http://www.eurodry.gr/.

EuroDry's mailing address is 4 MESSOGIOU & EVROPIS STREET, MAROUSSI J3, 15124. The company can be reached via phone at 30-211-1804006 or via email at [email protected]