Q1 Earnings Estimate for EuroDry Issued By Noble Financial

EuroDry Ltd. (NASDAQ:EDRY) – Investment analysts at Noble Financial raised their Q1 2025 earnings per share (EPS) estimates for shares of EuroDry in a research note issued on Tuesday, February 25th. Noble Financial analyst M. Reichman now forecasts that the company will earn ($1.84) per share for the quarter, up from their prior forecast of ($2.22). Noble Financial has a “Market Perform” rating 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 Q2 2025 earnings at $0.31 EPS and FY2025 earnings at ($0.43) EPS.

EuroDry Stock Up 3.6 %

Shares of NASDAQ:EDRY opened at $11.37 on Thursday. The company has a market capitalization of $32.25 million, a PE ratio of -5.17 and a beta of 0.76. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.84 and a quick ratio of 0.74. The business has a fifty day moving average price of $11.08 and a two-hundred day moving average price of $15.49. EuroDry has a 1 year low of $10.04 and a 1 year high of $24.84.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in EuroDry stock. B. Riley Wealth Advisors Inc. purchased a new position in shares of EuroDry Ltd. (NASDAQ:EDRY) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,003 shares of the company’s stock, valued at approximately $112,000. B. Riley Wealth Advisors Inc. owned 0.35% of EuroDry as of its most recent filing with the SEC. Institutional investors own 2.44% of the company’s stock.

EuroDry Company Profile

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. It owns and operates a fleet of drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. The company fleet consisted of 13 drybulk carriers comprising five Panamax drybulk carriers, two Kamsarmax, five Ultramax drybulk carriers, and one Supramax drybulk carrier with a total cargo carrying capacity of 918,502 dwt.