NASDAQ:EDRY - EuroDry Stock Price, Forecast & News

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

EuroDry Ltd (NASDAQ:EDRY) issued its earnings results on Wednesday, February, 12th. The company reported $0.45 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.17) by $0.62. The business had revenue of $7.61 million for the quarter. EuroDry had a negative net margin of 1.67% and a negative return on equity of 0.23%. 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 brokerages have issued 1-year price objectives 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 year. 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.

News coverage about EDRY stock has trended very positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. EuroDry earned a daily sentiment score of 3.1 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for EuroDry.

EuroDry saw a increase in short interest during 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 trading volume of 1,400 shares, the short-interest ratio is presently 3.2 days. Currently, 0.5% of the company's stock are short sold. 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]