EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks comprising bauxite, phosphate, and fertilizers. As of November 15, 2018, it operated a fleet of six vessels, including one Ultramax, two Kamsarmax, and three Panamax drybulk carriers with a cargo capacity of 453,086 deadweight tons. The company was founded in 2018 and is based in Maroussi, Greece.
Industry, Sector and Symbol
Industry Water transportation
Sub-IndustryN/A
SectorTransportation
CIKN/A
Phone30-211-1804006
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$24.52 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date11/21/2019 (Estimated)
OptionableNot Optionable
EuroDry (NASDAQ:EDRY) Frequently Asked Questions
What is EuroDry's stock symbol?
EuroDry trades on the NASDAQ under the ticker symbol "EDRY."
How were EuroDry's earnings last quarter?
EuroDry Ltd (NASDAQ:EDRY) issued its quarterly earnings results on Thursday, May, 23rd. The company reported ($0.21) earnings per share for the quarter, beating the consensus estimate of ($0.69) by $0.48. The business had revenue of $5.79 million for the quarter, compared to the consensus estimate of $5.92 million. EuroDry had a net margin of 4.08% and a return on equity of 3.16%. View EuroDry's Earnings History.
When is EuroDry's next earnings date?
What price target have analysts set for EDRY?
2 brokers have issued 1 year target prices for EuroDry's shares. Their forecasts range from $9.00 to $14.00. On average, they anticipate EuroDry's stock price to reach $11.50 in the next twelve months. This suggests a possible upside of 54.2% from the stock's current price. View Analyst Price Targets for EuroDry.
What is the consensus analysts' recommendation 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.
What are Wall Street analysts saying about EuroDry stock?
Here are some recent quotes from research analysts about EuroDry stock:
- 1. According to Zacks Investment Research, "EuroDry Ltd. is an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes. EuroDry Ltd. is based in Marousi, Greece. " (8/9/2019)
- 2. Maxim Group analysts commented, "EuroDry announced a successful refinancing of its credit facilities, increasing liquidity by $8M and pushing out maturities to 2022–2025. With the refinancings in the rear view, we expect the company to turn its attention to fleet expansion and/or redeeming the Series B Preferred Shares." (10/17/2018)
Has EuroDry been receiving favorable news coverage?
Press coverage about EDRY stock has trended negative on Monday, InfoTrie reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. EuroDry earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for EuroDry.
Are investors shorting EuroDry?
EuroDry saw a drop in short interest during the month of July. As of July 31st, there was short interest totalling 1,000 shares, a drop of 80.8% from the June 30th total of 5,200 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the shares of the company are sold short. View EuroDry's Current Options Chain.
Who are some of EuroDry's key competitors?
Some companies that are related to EuroDry include Carnival (CCL), Royal Caribbean Cruises (RCL), Brookfield Infrastructure Partners (BIP), Carnival (CUK), Kirby (KEX), Matson (MATX), Golar LNG (GLNG), Teekay Lng Partners (TGP), GasLog (GLOG), Golden Ocean Group (GOGL), GasLog Partners LP Unit (GLOP), Golar LNG Partners (GMLP), KNOT Offshore Partners (KNOP), Tidewater (TDW) and Hoegh LNG Partners (HMLP).
What other stocks do shareholders of EuroDry own?
Who are EuroDry's key executives?
EuroDry's management team includes the folowing people:
- Mr. Aristides J. Pittas, Chairman, Pres & CEO (Age 59)
- Dr. Anastasios Aslidis, CFO, Treasurer & Director (Age 59)
- Mr. Symeon Pariaros, Chief Admin. Officer
- Ms. Stephania Karmiri, Sec. (Age 51)
How do I buy shares of EuroDry?
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, Scottrade, Fidelity and Charles Schwab.
What is EuroDry's stock price today?
One share of EDRY stock can currently be purchased for approximately $7.46.
How big of a company is EuroDry?
EuroDry has a market capitalization of $17.01 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.
What is EuroDry's official website?
How can I contact EuroDry?
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]
MarketBeat Community Rating for EuroDry (NASDAQ EDRY)
MarketBeat's community ratings are surveys of what our community members think about EuroDry and other stocks. Vote "Outperform" if you believe EDRY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EDRY will underperform the S&P 500 over the long term. You may vote once every thirty days.
