Euroseas (ESEA) Stock Forecast, Price & News

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

1 Wall Street analysts have issued twelve-month price targets for Euroseas' shares. Their ESEA share price forecasts range from $30.00 to $30.00. On average, they predict the company's share price to reach $30.00 in the next year. This suggests a possible upside of 48.2% 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 on January 1st, 2023. Since then, ESEA stock has increased by 9.7% and is now trading at $20.24.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our ESEA earnings forecast.

Euroseas Ltd. (NASDAQ:ESEA) announced its quarterly earnings data on Tuesday, November, 16th. The shipping company reported $1.17 earnings per share for the quarter, missing analysts' consensus estimates of $1.52 by $0.35. The shipping company earned $24.01 million during the quarter, compared to analyst estimates of $24.28 million. Euroseas had a trailing twelve-month return on equity of 55.54% and a net margin of 58.61%. During the same quarter in the prior year, the firm posted ($0.26) EPS.

Euroseas declared a quarterly dividend on Tuesday, May 16th. Shareholders of record on Friday, June 9th will be given a dividend of $0.50 per share on Friday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 9.88%. The ex-dividend date of this dividend is Thursday, June 8th.
Read our dividend analysis for ESEA.

Roundhill Acquirers Deep Value ETF holds 20,438 shares of ESEA stock, representing 1.14% of its portfolio.

Euroseas (NASDAQ:ESEA) pays an annual dividend of $2.00 per share and currently has a dividend yield of 10.07%. ESEA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 13.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESEA will have a dividend payout ratio of 18.69% 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 closing bell 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 trades on the NASDAQ under the ticker symbol "ESEA."

Euroseas' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.71%) and Exchange Traded Concepts LLC (0.30%).

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.
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One share of ESEA stock can currently be purchased for approximately $20.24.

Euroseas (NASDAQ:ESEA) has a market capitalization of $144.11 million and generates $182.69 million in revenue each year. The shipping company earns $106.25 million in net income (profit) each year or $14.70 on an earnings per share basis.

Euroseas' mailing address is 4 MESSOGIOU & EVROPIS STREET, MAROUSSI J3, 15124. The official website for the company is www.euroseas.gr. The shipping company can be reached via phone at 302111804005, via email at smp@euroseas.gr, or via fax at 30 21 1180 4097.