EuroDry Ltd. (EDRY)

NASDAQ: EDRY · IEX Real-Time Price · USD
18.94
-0.60 (-3.07%)
At close: Dec 5, 2023, 4:00 PM
18.90
-0.04 (-0.21%)
After-hours: Dec 5, 2023, 4:40 PM EST
-3.07%
Market Cap 54.33M
Revenue (ttm) 46.81M
Net Income (ttm) 3.01M
Shares Out 2.79M
EPS (ttm) 1.10
PE Ratio 18.40
Forward PE 21.98
Dividend n/a
Ex-Dividend Date n/a
Volume 14,912
Open 19.67
Previous Close 19.54
Day's Range 18.07 - 19.67
52-Week Range 13.42 - 20.41
Beta 0.68
Analysts Strong Buy
Price Target 30.00 (+58.4%)
Earnings Date Nov 8, 2023

About EDRY

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company 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. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece. [Read more]

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

Financial Performance

In 2022, EuroDry's revenue was $70.18 million, an increase of 8.91% compared to the previous year's $64.44 million. Earnings were $33.54 million, an increase of 14.08%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for EDRY stock is "Strong Buy." The 12-month stock price forecast is $30.0, which is an increase of 58.40% from the latest price.

Price Target
$30.0
(58.40% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

EuroDry Ltd. Reports Results for the Nine-Month Period and Quarter Ended September 30, 2023

ATHENS, Greece, Nov. 08, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk ...

27 days ago - GlobeNewsWire

EuroDry Ltd. Announces Delivery of M/V Maria, an Eco Ultramax Drybulk Carrier

ATHENS, Greece, Nov. 07, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk ...

4 weeks ago - GlobeNewsWire

EuroDry Ltd. Sets Date for the Release of Third Quarter 2023 Results, Conference Call and Webcast

ATHENS, Greece, Nov. 01, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk ...

4 weeks ago - GlobeNewsWire

EuroDry Ltd. Announces Joint Venture with Investors and Delivery of M/V Christos K, an Eco Ultramax Drybulk Carrier

ATHENS, Greece, Oct. 26, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk ...

5 weeks ago - GlobeNewsWire

EuroDry Ltd. Announces Delivery of M/V YANNIS PITTAS, an Eco Ultramax Drybulk Carrier

ATHENS, Greece, Oct. 13, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk ...

7 weeks ago - GlobeNewsWire

EuroDry Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2023

ATHENS, Greece, Aug. 08, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk ...

4 months ago - GlobeNewsWire

EuroDry Ltd. Sets Date for the Release of Second Quarter 2023 Results, Conference Call and Webcast

ATHENS, Greece, Aug. 02, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk ...

4 months ago - GlobeNewsWire

EuroDry Ltd. Reports Results for the Quarter Ended March 31, 2023

ATHENS, Greece, May 15, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk c...

7 months ago - GlobeNewsWire

EuroDry Ltd. Sets Date for the Release of First Quarter 2023 Results, Conference Call and Webcast

ATHENS, Greece, May 10, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk c...

7 months ago - GlobeNewsWire

EuroDry Ltd. Reports Results for the Year and Quarter Ended December 31, 2022

ATHENS, Greece, Feb. 13, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk ...

10 months ago - GlobeNewsWire

EuroDry Ltd. Sets Date for the Release of Fourth Quarter 2022 Results, Conference Call and Webcast

ATHENS, Greece, Feb. 07, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk ...

10 months ago - GlobeNewsWire

EuroDry Ltd. Reports Results for the Nine-Month Period and Quarter Ended September 30, 2022

ATHENS, Greece, Nov. 10, 2022 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk ...

1 year ago - GlobeNewsWire

EuroDry Ltd. Announces Agreement to Sell M/V “Pantelis”, a 2000-built Panamax Bulk Carrier

ATHENS, Greece, Sept. 19, 2022 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk...

1 year ago - GlobeNewsWire

EuroDry Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2022 and Announces Share Repurchase Program

ATHENS, Greece, Aug. 08, 2022 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk ...

1 year ago - GlobeNewsWire

EuroDry Ltd. Reports Results for the Quarter Ended March 31, 2022

ATHENS, Greece, May 18, 2022 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk c...

1 year ago - GlobeNewsWire

EuroDry Ltd. Sets Date for the Release of First Quarter 2022 Results, Conference Call and Webcast

ATHENS, Greece, May 16, 2022 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk c...

1 year ago - GlobeNewsWire

Shipping stocks in crosshairs as fears mount on China, war, inflation

Shipping stocks fell sharply on Monday as Wall Street's main indexes closed higher. Multiple shipping names sank by double digits, adding to last week's pullback.

Other symbols: EGLEGNKGOGLNAT
1 year ago - FreightWaves

EuroDry Ltd. Announces Agreement to Acquire M/V Santa Cruz, a 2005-built Panamax Bulker

ATHENS, Greece, April 19, 2022 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk...

1 year ago - GlobeNewsWire

EuroDry Ltd. to Participate in Maxim Group LLC and M-Vest LLC 2022 Virtual Growth Conference

ATHENS, Greece, March 24, 2022 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk...

1 year ago - GlobeNewsWire

EuroDry Ltd. Announces New Charter for Its M/V “Molyvos Luck”

ATHENS, Greece, March 03, 2022 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk...

1 year ago - GlobeNewsWire

EuroDry Ltd. Reports Results for the Year and Quarter Ended December 31, 2021

ATHENS, Greece, Feb. 09, 2022 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk ...

1 year ago - GlobeNewsWire

EuroDry Ltd. Sets Date for the Release of Fourth Quarter 2021 Results, Conference Call and Webcast

ATHENS, Greece, Feb. 04, 2022 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk ...

1 year ago - GlobeNewsWire

EuroDry To Acquire M/V Molyvos Luck Vessel For $21.2M

EuroDry Ltd (NASDAQ: EDRY) has agreed to acquire M/V Molyvos Luck, a drybulk vessel built-in 2014, for $21.2 million. The vessel was majority-owned by an unaffiliated third party and managed by Eurobu...

2 years ago - Benzinga

EuroDry Ltd. To Participate at Capital Link's Corporate Presentation Series

MAROUSSI, Greece and ATHENS, Greece, Jan. 19, 2022 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transp...

2 years ago - GlobeNewsWire

EuroDry Ltd. Announces Agreement to Acquire M/V Molyvos Luck, a 2014-built Supramax Bulker

ATHENS, Greece, Jan. 19, 2022 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk ...

2 years ago - GlobeNewsWire