FY2025 EPS Estimates for EuroDry Reduced by Noble Financial

EuroDry (NASDAQ:EDRY) – Stock analysts at Noble Financial reduced their FY2025 earnings estimates for shares of EuroDry in a research note issued on Thursday, February 12th. Noble Financial analyst M. Reichman now expects that the company will earn ($2.57) per share for the year, down from their prior estimate of ($2.15). Noble Financial has a “Outperform” rating and a $23.50 price objective on the stock. The consensus estimate for EuroDry’s current full-year earnings is ($2.84) per share. Noble Financial also issued estimates for EuroDry’s Q4 2025 earnings at $0.78 EPS, Q1 2026 earnings at $0.22 EPS, Q2 2026 earnings at $1.03 EPS, Q3 2026 earnings at $0.88 EPS and FY2026 earnings at $2.82 EPS.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of EuroDry in a report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $23.50.

EuroDry Price Performance

EDRY stock opened at $14.23 on Monday. The company has a 50 day moving average price of $13.35 and a two-hundred day moving average price of $12.51. The company has a quick ratio of 1.21, a current ratio of 1.27 and a debt-to-equity ratio of 0.86. EuroDry has a one year low of $7.60 and a one year high of $16.14.

EuroDry (NASDAQ:EDRY) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.08). The firm had revenue of $14.39 million during the quarter, compared to analyst estimates of $14.56 million. EuroDry had a negative net margin of 21.73% and a negative return on equity of 9.87%.

EuroDry Company Profile

EuroDry Limited is a Marshall Islands–incorporated shipping company, formed in 2005 and headquartered in Piraeus, Greece. The company is publicly traded on the NASDAQ under the symbol EDRY. Since its inception, EuroDry has focused exclusively on the marine transportation of drybulk commodities and has grown its fleet through a combination of newbuilding contracts and second-hand acquisitions.

As of mid-2024, EuroDry’s operating fleet comprises Capesize, Panamax and Supramax drybulk carriers, collectively providing over one million deadweight tons (dwt) of capacity.