Euroseas Stock Price, News & Analysis (NASDAQ:ESEA)

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Euroseas in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ESEA shares.
View ESEA analyst ratings or view top-rated stocks.

1 analysts have issued 12 month target prices for Euroseas' stock. Their ESEA share price targets range from $30.00 to $30.00. On average, they expect the company's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price.
View analysts price targets for ESEA or view top-rated stocks among Wall Street analysts.

Euroseas' stock was trading at $18.45 at the beginning of the year. Since then, ESEA shares have increased by 51.5% and is now trading at $27.96.
View the best growth stocks for 2023 here.

Euroseas saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 9,200 shares, an increase of 666.7% from the October 31st total of 1,200 shares. Based on an average daily volume of 29,600 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the shares of the company are sold short.
View Euroseas' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our ESEA earnings forecast.

Euroseas Ltd. (NASDAQ:ESEA) announced its earnings results on Thursday, November, 9th. The shipping company reported $4.07 earnings per share for the quarter, beating the consensus estimate of $3.01 by $1.06. The shipping company had revenue of $52.32 million for the quarter, compared to the consensus estimate of $43.66 million. Euroseas had a trailing twelve-month return on equity of 46.99% and a net margin of 60.14%.

Euroseas declared a quarterly dividend on Thursday, November 9th. Shareholders of record on Saturday, December 9th will be paid a dividend of $0.50 per share on Saturday, December 16th. This represents a $2.00 dividend on an annualized basis and a yield of 7.15%. The ex-dividend date of this dividend is Thursday, December 7th.
Read our dividend analysis for ESEA.

Euroseas (NASDAQ:ESEA) pays an annual dividend of $2.00 per share and currently has a dividend yield of 7.39%. ESEA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 12.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESEA will have a dividend payout ratio of 17.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ESEA.

Euroseas's stock reverse split on Thursday, December 19th 2019. The 1-8 reverse split was announced on Monday, December 9th 2019. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, December 18th 2019. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Euroseas investors own include DryShips (DRYS), The Liberty SiriusXM Group (LSXMA), DURECT (DRRX), Advanced Micro Devices (AMD), FuelCell Energy (FCEL), Gevo (GEVO), MannKind (MNKD), Pfizer (PFE), Pfenex (PFNX) and Plug Power (PLUG).

Euroseas' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Quadrature Capital Ltd (0.43%), Acadian Asset Management LLC (0.30%), Exchange Traded Concepts LLC (0.21%), Walleye Capital LLC (0.17%), GSA Capital Partners LLP (0.15%) and UBS Group AG (0.03%).

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