EuroDry (EDRY) Stock Price, News & Analysis

Company Overview

EuroDry Ltd (NASDAQ: EDRY) is a specialized shipping company focused on the ownership and operation of dry bulk vessels. Since its initial public offering in 2021, EuroDry has built a fleet of Panamax and Ultramax vessels designed to transport a broad range of dry bulk commodities, including grains, coal, iron ore and other raw materials. The company is incorporated in the Republic of the Marshall Islands and maintains its operational headquarters in Athens, Greece, with strategic offices in key maritime centers worldwide.

EuroDry’s vessel roster is composed of modern, fuel-efficient ships that comply with the latest environmental and safety standards. The fleet profile enables flexible deployment on major trade routes spanning the Atlantic, Pacific and Indian Oceans. EuroDry leverages a mix of time-charter contracts and spot market voyages to optimize utilization and capture market opportunities across emerging and established trading corridors in Asia, Europe and the Americas.

EuroDry benefits from the maritime expertise of its management team, led by Chief Executive Officer Konstantinos Konstantakopoulos, a veteran shipping executive with decades of experience in dry bulk markets. The senior leadership group oversees vessel acquisitions, technical management and commercial chartering, ensuring operational resilience and alignment with industry best practices. Technical management and crewing services are conducted through partnerships with leading shipmanagers in Greece and Asia.

Historically rooted in the European dry bulk tradition, EuroDry has grown through a series of vessel acquisitions and strategic yard upgrades, positioning the company as a standalone pure-play dry bulk operator. By maintaining a disciplined approach to fleet expansion and focusing on fuel-efficient ship designs, EuroDry aims to deliver reliable shipping solutions to its global customer base while adhering to stringent environmental and regulatory requirements.

Key Stats

• Today's Range: $9.25 to $10.44
• 50-Day Range: $7.98 to $11.08
• 52-Week Range: $7.60 to $24.72
• Volume: 15,648 shs
• Average Volume: 6,729 shs
• Market Capitalization: $28.85 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Hold

EuroDry Stock Analysis - MarketRank™

EuroDry scored higher than 27% of companies evaluated by MarketBeat, and ranked 99th out of 125 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for EuroDry.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for EuroDry are expected to grow in the coming year, from ($2.84) to ($0.34) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of EuroDry is -2.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of EuroDry is -2.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

EuroDry has a P/B Ratio of 0.27. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.65% of the float of EuroDry has been sold short.

Short Interest Ratio / Days to Cover

EuroDry has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in EuroDry has recently increased by 170.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

EuroDry does not currently pay a dividend.

Dividend Growth

EuroDry does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.65% of the float of EuroDry has been sold short.

Short Interest Ratio / Days to Cover

EuroDry has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in EuroDry has recently increased by 170.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: N/A

News Sentiment

EuroDry has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 1 news article for EuroDry this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, EuroDry insiders have not sold or bought any company stock.

Percentage Held by Insiders

51.40% of the stock of EuroDry is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 2.44% of the stock of EuroDry is held by institutions.

EDRY Stock Analysis - Frequently Asked Questions

How have EDRY shares performed this year?

EuroDry's stock was trading at $11.20 on January 1st, 2025. Since then, EDRY shares have decreased by 9.3% and is now trading at $10.16.

How were EuroDry's earnings last quarter?

EuroDry (NASDAQ:EDRY) announced its quarterly earnings data on Thursday, June, 5th. The company reported ($2.07) earnings per share for the quarter, missing analysts' consensus estimates of ($1.84) by $0.23. The business earned $9.21 million during the quarter, compared to the consensus estimate of $13.89 million. EuroDry had a negative net margin of 20.72% and a negative trailing twelve-month return on equity of 9.79%.
Read the conference call transcript.

How do I buy shares of EuroDry?

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

What other stocks do shareholders of EuroDry own?

Based on aggregate information from My MarketBeat watchlists, some other companies that EuroDry investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Jabil (JBL), e.l.f. Beauty (ELF), Adobe (ADBE) and Disc Medicine (IRON).

Company Calendar

• Last Earnings: 6/05/2025
• Today: 7/13/2025
• Next Earnings (Estimated): 8/14/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: TRANS - SHIP
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:EDRY
• CIK: 1731388
• Web: www.eurodry.gr
• Phone: 302111804005
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($4.23)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$12.61 million
• Net Margins: -20.72%
• Pretax Margin: -27.95%
• Return on Equity: -9.79%
• Return on Assets: -4.93%

Debt

• Debt-to-Equity Ratio: 0.90
• Current Ratio: 1.02
• Quick Ratio: 0.94

Sales & Book Value

• Annual Sales: $55.87 million
• Price / Sales: 0.52
• Cash Flow: $2.13 per share
• Price / Cash Flow: 4.77
• Book Value: $37.24 per share
• Price / Book: 0.27

Miscellaneous

• Outstanding Shares: 2,840,000
• Free Float: N/A
• Market Cap: $28.85 million
• Optionable: Not Optionable
• Beta: 0.94