Q1 Earnings Forecast for Euroseas Issued By Noble Financial

Euroseas Ltd. (NASDAQ:ESEA) – Equities research analysts at Noble Financial increased their Q1 2026 earnings per share (EPS) estimates for shares of Euroseas in a research report issued on Thursday, February 26th. Noble Financial analyst M. Reichman now forecasts that the shipping company will post earnings of $4.54 per share for the quarter, up from their previous forecast of $4.44. The consensus estimate for Euroseas’ current full-year earnings is $15.15 per share. Noble Financial also issued estimates for Euroseas’ Q2 2026 earnings at $4.45 EPS, Q3 2026 earnings at $4.23 EPS, Q4 2026 earnings at $4.34 EPS and FY2026 earnings at $17.56 EPS.

Euroseas (NASDAQ:ESEA) last posted its earnings results on Wednesday, February 25th. The shipping company reported $4.48 EPS for the quarter, topping the consensus estimate of $4.47 by $0.01. The firm had revenue of $57.39 million for the quarter, compared to analyst estimates of $57.83 million. Euroseas had a return on equity of 27.82% and a net margin of 60.11%.

Several other brokerages have also commented on ESEA. Weiss Ratings restated a “buy (b-)” rating on shares of Euroseas in a research report on Monday, December 29th. Wall Street Zen cut shares of Euroseas from a “buy” rating to a “hold” rating in a research note on Saturday. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $62.00.

Euroseas Stock Up 4.9%

ESEA stock opened at $68.74 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 4.82 and a current ratio of 4.89. Euroseas has a one year low of $26.30 and a one year high of $69.48. The firm’s fifty day moving average is $56.23 and its 200 day moving average is $58.28. The firm has a market cap of $481.87 million, a PE ratio of 3.50 and a beta of 0.80.

Institutional Trading of Euroseas

Several hedge funds have recently made changes to their positions in ESEA. State of Tennessee Department of Treasury acquired a new position in Euroseas during the fourth quarter worth $404,000. Millennium Management LLC increased its stake in Euroseas by 171.7% during the fourth quarter. Millennium Management LLC now owns 53,386 shares of the shipping company’s stock worth $2,915,000 after purchasing an additional 33,738 shares during the period. Engineers Gate Manager LP acquired a new stake in shares of Euroseas during the fourth quarter worth about $311,000. Lazard Asset Management LLC boosted its stake in shares of Euroseas by 3.7% in the fourth quarter. Lazard Asset Management LLC now owns 35,031 shares of the shipping company’s stock valued at $1,913,000 after purchasing an additional 1,262 shares during the period. Finally, Jump Financial LLC boosted its stake in shares of Euroseas by 39.3% in the fourth quarter. Jump Financial LLC now owns 10,692 shares of the shipping company’s stock valued at $584,000 after purchasing an additional 3,019 shares during the period. Hedge funds and other institutional investors own 6.27% of the company’s stock.

Euroseas Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 10th will be issued a $0.75 dividend. This is an increase from Euroseas’s previous quarterly dividend of $0.70. This represents a $3.00 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Tuesday, March 10th. Euroseas’s payout ratio is currently 14.27%.

Euroseas Company Profile

Euroseas Ltd. (NASDAQ: ESEA) is an international shipping company specializing in seaborne transportation of containerized and drybulk cargoes. Incorporated in Bermuda with its principal operations and management office based in Athens, Greece, the company owns and charters a diversified fleet of containerships, drybulk carriers and multipurpose vessels. Euroseas provides tailored shipping solutions on time-charter and voyage-charter agreements, serving manufacturers, commodity traders and logistics providers across major trade routes.

Euroseas’s fleet comprises both owned and chartered tonnage, enabling the company to adjust capacity to market conditions and customer requirements.