Euroseas Ltd. (ESEA)

NASDAQ: ESEA · Real-Time Price · USD
42.30
-0.20 (-0.47%)
At close: Nov 20, 2024, 4:00 PM
43.43
+1.13 (2.67%)
After-hours: Nov 20, 2024, 5:39 PM EST
-0.47%
Market Cap 296.71M
Revenue (ttm) 208.65M
Net Income (ttm) 113.10M
Shares Out 7.01M
EPS (ttm) 16.28
PE Ratio 2.60
Forward PE 3.32
Dividend $2.40 (5.67%)
Ex-Dividend Date Sep 9, 2024
Volume 37,469
Open 42.91
Previous Close 42.50
Day's Range 41.87 - 43.45
52-Week Range 26.20 - 50.92
Beta 0.90
Analysts Buy
Price Target 53.00 (+25.3%)
Earnings Date Nov 20, 2024

About ESEA

Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables. As of March 31, 2024, it had a fleet of 20 containerships with a cargo carrying capacity of approximately 777,749 dwt. The company was incorporated in 2005 and is based in Marousi, Greece. [Read more]

Industry Marine Shipping
Sector Industrials
IPO Date May 5, 2006
Employees 365
Stock Exchange NASDAQ
Ticker Symbol ESEA
Full Company Profile

Financial Performance

In 2023, Euroseas's revenue was $189.36 million, an increase of 3.65% compared to the previous year's $182.69 million. Earnings were $114.55 million, an increase of 7.82%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for ESEA stock is "Buy" and the 12-month stock price forecast is $53.0.

Price Target
$53.0
(25.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Euroseas Ltd. Reports Results for the Nine-Month Period and Quarter Ended September 30, 2024, Declares Quarterly Dividend and Announces Order for the Construction of Two Fuel-Efficient 4,300 TEU Containerships

ATHENS, Greece, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation ...

11 hours ago - GlobeNewsWire

Euroseas Ltd. Sets Date for the Release of Third Quarter 2024 Results, Conference Call and Webcast

ATHENS, Greece, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, an...

6 days ago - GlobeNewsWire

Euroseas Ltd. Announces Charter Contract Extensions for its Two 2,500 teu Feeder Containerships, EM Corfu and Evridiki G

ATHENS, Greece, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation ...

9 days ago - GlobeNewsWire

Euroseas: Still A Buy, With TCE Tailwinds Driving Strong Gains

Euroseas has seen a 70% share price increase in 12 months, driven by strong fundamentals, a healthy balance sheet, and fleet expansion. Long-term charter contracts should keep revenues steady, even if...

4 weeks ago - Seeking Alpha

Euroseas Ltd. Announces 3-year Charter Contracts for Three Eco 2,800 teu Feeder Containership Newbuildings, M/V Tender Soul, M/V Dear Panel and M/V Symeon P

ATHENS, Greece, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation ...

4 weeks ago - GlobeNewsWire

Euroseas Ltd. Announces 1-year Charter Contract for its Feeder Containership, M/V Jonathan P

ATHENS, Greece, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation ...

6 weeks ago - GlobeNewsWire

Euroseas Ltd. Announces 3-year Charter Contract for its Intermediate Containership, M/V Synergy Busan

ATHENS, Greece, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation...

2 months ago - GlobeNewsWire

Euroseas Ltd. Announces Participation at Noble Capital Markets' Basic Industries Emerging Growth Virtual Equity Conference

ATHENS, Greece, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation...

2 months ago - GlobeNewsWire

Readers Identify 25 Ideal July Dividend Buys Out Of 37 Picks

Before July 31, 2024, my REaders mentioned 38 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. Te...

Other symbols: AGNCECCEFCELETFSKNOAH
3 months ago - Seeking Alpha

Euroseas Ltd (ESEA) Q2 2024 Earnings Call Transcript

Euroseas Ltd (NASDAQ:ESEA) Q2 2024 Results Conference Call August 6, 2024 10:00 AM ET Company Participants Tasos Aslidis - Chief Financial Officer Symeon Pariaros - Chief Administrative Officer Confe...

3 months ago - Seeking Alpha

Euroseas Is Chartering At Elevated Rates Thanks To The Red Sea, But Remains A Hold

Euroseas Ltd. is benefiting from profitable contracts, maintaining a TCE of $30k/day+ and good profitability. The market values Euroseas at high long-term TCEs of $18k/day, making it potentially inter...

3 months ago - Seeking Alpha

Euroseas Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2024

ATHENS, Greece, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation ...

3 months ago - GlobeNewsWire

Euroseas: A Strong Buy On Dips

Euroseas Ltd. is undervalued with growth potential after benefiting from higher share prices in the marine transport industry stocks. The company operates a fleet of 23 ships and is a solid long-term ...

3 months ago - Seeking Alpha

Don't Buy AI Stocks, Buy The Best Dividend Total Return Stocks

I have a diversified portfolio of stocks, funds, and bonds. My stocks are primarily dividend paying value stocks. One can find dividend stocks with superior estimated total returns by comparing their ...

4 months ago - Seeking Alpha

Euroseas Ltd. Sets Date for the Release of Second Quarter 2024 Results, Conference Call and Webcast

ATHENS, Greece, July 31, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, an...

4 months ago - GlobeNewsWire

Euroseas Ltd. Announces 18-month Charter Contract for its Feeder Containership, EM Spetses

ATHENS, Greece, July 23, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation ...

4 months ago - GlobeNewsWire

Euroseas Ltd. Announces Two-Year Time Charter Contract for its Feeder Containership, M/V Joanna, and Other Operational Developments

ATHENS, Greece, July 08, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation ...

4 months ago - GlobeNewsWire

First Citizens Bank Provides $22 Million to Euroseas Ltd. for Containership Financing

NEW YORK , June 25, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Maritime Finance business provided a senior secured loan of $22 million to Euroseas Ltd. for the financing for a n...

Other symbols: FCNCA
5 months ago - PRNewsWire

Euroseas Ltd. Announces Time Charter Contract for its third Fuel Efficient 1,800 teu Feeder Containership Newbuilding, M/V Pepi Star

ATHENS, Greece, June 18, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation ...

5 months ago - GlobeNewsWire

Euroseas Ltd. Announces Time Charter Contract for its Fuel Efficient 1,800 teu Feeder Containership Newbuilding, M/V Stephania K

ATHENS, Greece, June 10, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation ...

5 months ago - GlobeNewsWire

Euroseas: Coasting Well, But Not A Buy At These Levels

Euroseas Ltd. has outperformed the total stock market by 3.8x in the past year. The rerouting effects from the Red Sea are serving as a useful panacea for the industry which otherwise would have been ...

6 months ago - Seeking Alpha

Euroseas Ltd. (ESEA) Q1 2024 Earnings Call Transcript

Euroseas Ltd. (NASDAQ:ESEA) Q1 2024 Results Conference Call May 23, 2024 10:00 AM ET Company Participants Aristides Pittas - Chairman and Chief Executive Officer Tasos Aslidis - Chief Financial Offic...

6 months ago - Seeking Alpha

Euroseas Ltd. Reports Results for the Quarter Ended March 31, 2024 and Declares Quarterly Common Stock Dividend

ATHENS, Greece, May 23, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation f...

6 months ago - GlobeNewsWire

Euroseas Ltd. Sets Date for the Release of First Quarter 2024 Results, Conference Call and Webcast

ATHENS, Greece, May 20, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, ann...

6 months ago - GlobeNewsWire

Euroseas Ltd. Announces Time Charter Contract for its Fuel Efficient 1,800 teu Feeder Containership Newbuilding, M/V Monica and Financing of M/V Monica and M/V Stefania K

ATHENS, Greece, May 08, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation f...

7 months ago - GlobeNewsWire