Okeanis Eco Tankers Corp. to Post Q1 2024 Earnings of $1.10 Per Share, B. Riley Forecasts (NYSE:ECO)

Okeanis Eco Tankers Corp. (NYSE:ECO) – Equities research analysts at B. Riley issued their Q1 2024 earnings per share (EPS) estimates for shares of Okeanis Eco Tankers in a research note issued on Monday, April 15th. B. Riley analyst L. Burke expects that the company will post earnings of $1.10 per share for the quarter. B. Riley currently has a “Buy” rating and a $38.00 price target on the stock. B. Riley also issued estimates for Okeanis Eco Tankers’ Q2 2024 earnings at $0.22 EPS, Q3 2024 earnings at $0.91 EPS, Q4 2024 earnings at $1.28 EPS, FY2024 earnings at $3.51 EPS and FY2025 earnings at $3.88 EPS.

Okeanis Eco Tankers (NYSE:ECO) last released its quarterly earnings data on Thursday, February 29th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. The firm had revenue of $91.67 million during the quarter.

Okeanis Eco Tankers Trading Up 0.1 %

Okeanis Eco Tankers stock opened at $30.60 on Thursday. Okeanis Eco Tankers has a fifty-two week low of $20.00 and a fifty-two week high of $32.46. The stock has a fifty day moving average price of $30.02.

Hedge Funds Weigh In On Okeanis Eco Tankers

A number of hedge funds and other institutional investors have recently bought and sold shares of ECO. Wexford Capital LP bought a new stake in shares of Okeanis Eco Tankers during the 4th quarter worth $236,000. Glenorchy Capital Ltd bought a new stake in shares of Okeanis Eco Tankers during the 4th quarter worth $678,000. UBS Group AG bought a new position in shares of Okeanis Eco Tankers during the 4th quarter valued at about $781,000. Hsbc Holdings PLC purchased a new position in shares of Okeanis Eco Tankers during the 4th quarter valued at about $804,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of Okeanis Eco Tankers during the 4th quarter valued at about $1,250,000.

Okeanis Eco Tankers Dividend Announcement

The business also recently announced a — dividend, which was paid on Friday, March 22nd. Investors of record on Monday, March 11th were paid a $0.66 dividend. The ex-dividend date of this dividend was Friday, March 8th.

Okeanis Eco Tankers Company Profile

Okeanis Eco Tankers Corp., a tanker company, engages in the ownership, chartering and operation of oil tanker vessels worldwide. The company also provides various shipping services, such as technical support, maintenance, and insurance consulting services. It operates a fleet of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers.