What is Noble Financial’s Estimate for Euroseas Q3 Earnings?

Euroseas Ltd. (NASDAQ:ESEA) – Stock analysts at Noble Financial reduced their Q3 2026 earnings per share (EPS) estimates for shares of Euroseas in a research report issued on Tuesday, October 20th. Noble Financial analyst M. Reichman now forecasts that the shipping company will post earnings of $3.84 per share for the quarter, down from their previous forecast of $4.40. The consensus estimate for Euroseas’ current full-year earnings is $18.03 per share. Noble Financial also issued estimates for Euroseas’ Q4 2026 earnings at $2.64 EPS and FY2026 earnings at $15.87 EPS.

Several other brokerages have also commented on ESEA. Zacks Research lowered shares of Euroseas from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. Freedom Broker started coverage on shares of Euroseas in a research report on Tuesday, September 29th. They issued a “buy” rating and a $93.00 target price on the stock. Finally, Weiss Ratings raised shares of Euroseas from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, October 16th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $93.00.

Euroseas Trading Up 2.3%

Shares of ESEA stock opened at $68.87 on Thursday. Euroseas has a 1-year low of $51.00 and a 1-year high of $79.67. The company has a market cap of $486.22 million, a price-to-earnings ratio of 3.54 and a beta of 0.62. The company has a debt-to-equity ratio of 0.36, a current ratio of 5.46 and a quick ratio of 5.38. The stock has a 50 day simple moving average of $73.26 and a 200-day simple moving average of $71.23.

Euroseas (NASDAQ:ESEA) last issued its quarterly earnings results on Thursday, August 13th. The shipping company reported $4.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.09 by $0.61. Euroseas had a return on equity of 26.58% and a net margin of 59.98%. The company had revenue of $56.50 million for the quarter, compared to the consensus estimate of $55.98 million.

Hedge Funds Weigh In On Euroseas

A number of institutional investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC boosted its stake in Euroseas by 4.2% during the first quarter. Renaissance Technologies LLC now owns 100,765 shares of the shipping company’s stock worth $6,736,000 after buying an additional 4,087 shares during the last quarter. Inspire Investing LLC acquired a new position in shares of Euroseas during the 1st quarter valued at about $1,591,000. Navellier & Associates Inc. grew its holdings in shares of Euroseas by 94.8% in the second quarter. Navellier & Associates Inc. now owns 15,562 shares of the shipping company’s stock valued at $1,033,000 after purchasing an additional 7,575 shares during the period. WINTON GROUP Ltd grew its holdings in shares of Euroseas by 33.1% in the second quarter. WINTON GROUP Ltd now owns 8,036 shares of the shipping company’s stock valued at $533,000 after purchasing an additional 1,998 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in Euroseas during the second quarter worth about $423,000. Hedge funds and other institutional investors own 6.27% of the company’s stock.

Insider Buying and Selling at Euroseas

In other news, insider Symeon Pariaros sold 950 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $79.00, for a total value of $75,050.00. Following the completion of the sale, the insider directly owned 1,900 shares in the company, valued at $150,100. This represents a 33.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 55.90% of the stock is currently owned by corporate insiders.

Euroseas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 9th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Wednesday, September 9th. Euroseas’s payout ratio is currently 16.47%.

About Euroseas

Euroseas Ltd. (NASDAQ: ESEA) is a shipping company that owns and operates containerships engaged in the transportation of containerized cargo. Its vessels generally serve the feeder and intermediate segments of the container shipping market, connecting smaller or regional ports with major international trade routes.

The company’s fleet is employed primarily through time charters, voyage charters and pool arrangements, depending on market conditions and vessel characteristics. Euroseas serves customers involved in global commerce across a range of international and regional trading areas, with operations managed from Athens, Greece, and a corporate domicile in the Marshall Islands.

Euroseas was established in 2005 by the Pittas family, which has a long history in commercial shipping.