FY2025 EPS Estimates for EuroDry Reduced by Noble Financial

EuroDry (NASDAQ:EDRY) – Equities researchers at Noble Financial dropped their FY2025 earnings estimates for EuroDry in a note issued to investors on Thursday, February 12th. Noble Financial analyst M. Reichman now anticipates that the company will post earnings of ($2.57) per share for the year, down from their previous forecast of ($2.15). Noble Financial currently has a “Outperform” rating and a $23.50 target price 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 reaffirmed 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 given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, EuroDry currently has an average rating of “Hold” and an average price target of $23.50.

EuroDry Stock Up 6.5%

EuroDry stock opened at $14.54 on Monday. The firm has a 50 day simple moving average of $13.39 and a 200 day simple moving average of $12.56. The company has a current ratio of 1.27, a quick ratio of 1.21 and a debt-to-equity ratio of 0.86. EuroDry has a 1-year low of $7.60 and a 1-year high of $16.14.

About EuroDry

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.