B. Riley Forecasts Higher Earnings for Okeanis Eco Tankers

Okeanis Eco Tankers Corp. (NYSE:ECO) – B. Riley increased their FY2025 earnings per share estimates for Okeanis Eco Tankers in a report released on Thursday, November 13th. B. Riley analyst L. Burke now forecasts that the company will post earnings of $3.32 per share for the year, up from their prior forecast of $1.96. B. Riley currently has a “Buy” rating and a $45.00 target price on the stock. The consensus estimate for Okeanis Eco Tankers’ current full-year earnings is $1.34 per share. B. Riley also issued estimates for Okeanis Eco Tankers’ Q4 2025 earnings at $1.36 EPS and FY2026 earnings at $2.75 EPS.

Okeanis Eco Tankers (NYSE:ECO) last announced its quarterly earnings data on Wednesday, November 12th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.48. Okeanis Eco Tankers had a net margin of 19.52% and a return on equity of 15.81%. The business had revenue of $59.95 million for the quarter, compared to the consensus estimate of $51.29 million.

ECO has been the subject of a number of other research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Okeanis Eco Tankers in a research report on Wednesday, October 8th. Wall Street Zen upgraded Okeanis Eco Tankers from a “hold” rating to a “strong-buy” rating in a research note on Saturday. UBS Group cut Okeanis Eco Tankers from a “buy” rating to a “neutral” rating in a report on Friday, November 14th. Jefferies Financial Group started coverage on Okeanis Eco Tankers in a research report on Wednesday, July 23rd. They issued a “buy” rating and a $29.00 price objective for the company. Finally, Zacks Research lowered Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a report on Friday, October 10th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $37.00.

Okeanis Eco Tankers Price Performance

Shares of Okeanis Eco Tankers stock opened at $39.56 on Monday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.96 and a quick ratio of 1.65. The company has a market cap of $1.27 billion and a PE ratio of 18.93. The firm has a fifty day moving average price of $31.71 and a two-hundred day moving average price of $26.86. Okeanis Eco Tankers has a fifty-two week low of $17.91 and a fifty-two week high of $39.77.

Okeanis Eco Tankers Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Tuesday, December 2nd will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Tuesday, December 2nd. This is a positive change from Okeanis Eco Tankers’s previous quarterly dividend of $0.70. Okeanis Eco Tankers’s payout ratio is currently 125.52%.

Hedge Funds Weigh In On Okeanis Eco Tankers

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Quarry LP acquired a new stake in shares of Okeanis Eco Tankers in the 3rd quarter valued at $29,000. BNP Paribas Financial Markets acquired a new position in Okeanis Eco Tankers during the 2nd quarter valued at about $25,000. State of Wyoming acquired a new stake in shares of Okeanis Eco Tankers during the 2nd quarter worth approximately $107,000. Verition Fund Management LLC bought a new stake in shares of Okeanis Eco Tankers during the third quarter worth approximately $211,000. Finally, S.E.E.D. Planning Group LLC acquired a new position in Okeanis Eco Tankers in the third quarter valued at approximately $234,000.

About Okeanis Eco Tankers

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.