B. Riley Research Analysts Raise Earnings Estimates for ECO

Okeanis Eco Tankers Corp. (NYSE:ECO) – Equities research analysts at B. Riley upped their FY2025 earnings estimates for Okeanis Eco Tankers in a report released on Thursday, November 13th. B. Riley analyst L. Burke now expects that the company will post earnings per share of $3.32 for the year, up from their previous estimate of $1.96. B. Riley has a “Buy” rating and a $45.00 price target on the stock. The consensus estimate for Okeanis Eco Tankers’ current full-year earnings is $1.34 per share. B. Riley also issued estimates for Okeanis Eco Tankers’ Q4 2025 earnings at $1.36 EPS and FY2026 earnings at $2.75 EPS.

Other equities analysts have also recently issued research reports about the stock. Zacks Research cut shares of Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a report on Friday, October 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Okeanis Eco Tankers in a research note on Wednesday, October 8th. Jefferies Financial Group started coverage on Okeanis Eco Tankers in a report on Wednesday, July 23rd. They issued a “buy” rating and a $29.00 price objective for the company. Wall Street Zen upgraded shares of Okeanis Eco Tankers from a “hold” rating to a “strong-buy” rating in a report on Saturday. Finally, UBS Group cut Okeanis Eco Tankers from a “buy” rating to a “neutral” rating in a research note on Friday. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $37.00.

Okeanis Eco Tankers Price Performance

Shares of NYSE ECO opened at $38.31 on Monday. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 18.33 and a beta of 0.01. The business has a 50 day simple moving average of $31.28 and a 200-day simple moving average of $26.64. The company has a current ratio of 1.96, a quick ratio of 1.65 and a debt-to-equity ratio of 1.36. Okeanis Eco Tankers has a twelve month low of $17.91 and a twelve month high of $39.77.

Okeanis Eco Tankers (NYSE:ECO) last released its quarterly earnings results on Wednesday, November 12th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.48. Okeanis Eco Tankers had a net margin of 19.52% and a return on equity of 15.81%. The business had revenue of $59.95 million during the quarter, compared to analyst estimates of $51.29 million.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets bought a new stake in Okeanis Eco Tankers during the second quarter worth approximately $25,000. State of Wyoming boosted its holdings in shares of Okeanis Eco Tankers by 58.6% during the 3rd quarter. State of Wyoming now owns 7,825 shares of the company’s stock worth $229,000 after buying an additional 2,890 shares during the period. Lighthouse Investment Partners LLC grew its stake in Okeanis Eco Tankers by 13.5% in the 2nd quarter. Lighthouse Investment Partners LLC now owns 46,816 shares of the company’s stock valued at $1,017,000 after buying an additional 5,558 shares during the last quarter. S.E.E.D. Planning Group LLC bought a new position in Okeanis Eco Tankers in the 3rd quarter worth $234,000. Finally, Semmax Financial Advisors Inc. lifted its position in Okeanis Eco Tankers by 8.2% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 132,545 shares of the company’s stock worth $2,880,000 after acquiring an additional 10,016 shares during the last quarter.

Okeanis Eco Tankers Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Tuesday, December 2nd will be paid a dividend of $0.75 per share. This is a boost from Okeanis Eco Tankers’s previous quarterly dividend of $0.70. The ex-dividend date is Tuesday, December 2nd. This represents a $3.00 annualized dividend and a dividend yield of 7.8%. Okeanis Eco Tankers’s dividend payout ratio is currently 125.52%.

Okeanis Eco Tankers Company Profile

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.