Okeanis Eco Tankers Corp. (ECO)

NYSE: ECO · IEX Real-Time Price · USD
30.64
-0.67 (-2.14%)
At close: May 1, 2024, 4:00 PM
30.55
-0.09 (-0.29%)
Pre-market: May 2, 2024, 7:06 AM EDT
-2.14%
Market Cap 965.11M
Revenue (ttm) 413.10M
Net Income (ttm) 145.25M
Shares Out 31.50M
EPS (ttm) 4.51
PE Ratio 6.79
Forward PE 5.98
Dividend $4.36 (14.23%)
Ex-Dividend Date Mar 8, 2024
Volume 15,686
Open 31.46
Previous Close 31.31
Day's Range 30.39 - 31.46
52-Week Range 26.51 - 32.46
Beta -0.06
Analysts Strong Buy
Price Target 38.00 (+24.02%)
Earnings Date May 16, 2024

About ECO

Okeanis Eco Tankers Corp., a tanker company, engages in the ownership, chartering and operation of oil tanker vessels worldwide. The company also provides various shipping services, such as technical support, maintenance, and insurance consulting services. It operates a fleet of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers. The company was incorporated in 2018 and is based in Piraeus, Greece. [Read more]

Industry Marine Shipping
Sector Industrials
Founded 2018
Country Greece
Stock Exchange NYSE
Ticker Symbol ECO
Full Company Profile

Financial Performance

In 2023, ECO's revenue was $413.10 million, an increase of 52.45% compared to the previous year's $270.97 million. Earnings were $145.25 million, an increase of 71.78%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for ECO stock is "Strong Buy" and the 12-month stock price forecast is $38.0.

Price Target
$38.0
(24.02% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Okeanis Eco Tankers Corp. – Announcement of Availability of 2023 Annual Report on Form 20-F

ATHENS, Greece, April 30, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that its Annual Report on Form 20-F for the fiscal year ende...

2 days ago - GlobeNewsWire

Okeanis Eco Tankers Corp. – Key Information relating to 4Q23 capital distribution

ATHENS, Greece, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “OET” or the “Company”) (NYSE: ECO / OSE: OET), will pay a dividend on its common shares, which is classified as a retu...

2 months ago - GlobeNewsWire

Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Statements for the Fourth Quarter and Twelve Month Period of 2023

ATHENS, Greece, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or “Company”) (NYSE:ECO / OSE:OET) today reported unaudited condensed financial statements for the fourth quarter and...

2 months ago - GlobeNewsWire

Okeanis Eco Tankers Corp. – Invitation to Q4 2023 Results Conference Call and Webcast

ATHENS, Greece, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), will report unaudited condensed results for the fourth quarter and twelve mon...

2 months ago - GlobeNewsWire

Okeanis Eco Tankers Corp. – New Financings Update

ATHENS, Greece, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“we”, the “Company”, “OET” or “Okeanis”) (NYSE:ECO / OSE:OET) is pleased to announce the following financings update relati...

3 months ago - GlobeNewsWire

Top 3 Energy Stocks That May Explode In Q1 - Okeanis Eco Tankers (NYSE:ECO), Green Plains (NASDAQ:GPRE)

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: GPREVTNR
3 months ago - Benzinga

Okeanis Eco Tankers Corp. – Commercial Update

ATHENS, Greece, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET” or “Okeanis”) (NYSE:ECO / OSE:OET), announced the following commercial update:

3 months ago - GlobeNewsWire