NASDAQ:EDRY - EuroDry Stock Price, Forecast & News

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

EuroDry Ltd (NASDAQ:EDRY) posted its earnings results on Thursday, November, 14th. The company reported ($0.35) EPS for the quarter, topping the Zacks' consensus estimate of ($0.46) by $0.11. The business had revenue of $7.66 million for the quarter. EuroDry had a negative return on equity of 1.16% and a negative net margin of 3.90%. View EuroDry's Earnings History.

EuroDry is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for EuroDry.

2 brokers have issued 12 month target prices for EuroDry's stock. Their forecasts range from $9.00 to $13.50. On average, they anticipate EuroDry's stock price to reach $11.25 in the next year. This suggests a possible upside of 68.7% 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 trended extremely negative this week, according to InfoTrie. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. EuroDry earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the stock's share price in the near term. View News Stories for EuroDry.

EuroDry saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 300 shares, a decline of 66.7% from the December 15th total of 900 shares. Based on an average daily trading volume, of 1,500 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company's shares 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), International Seaways (INSW), GasLog Partners LP Unit (GLOP), KNOT Offshore Partners (KNOP), Teekay Tankers (TNK), Golden Ocean Group (GOGL), GasLog (GLOG) and Teekay Offshore Partners (TOO).

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 $6.67.

EuroDry has a market capitalization of $15.21 million and generates $24.52 million in revenue each year. The company earns $1.12 million in net income (profit) each year or $0.24 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]