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EuroDry ( (EDRY) ) has shared an update.
EuroDry Ltd. reported its financial results for the second quarter and first half of 2025, revealing a net loss of $3.1 million for the quarter and $6.8 million for the first half. The company faced challenges due to lower time charter equivalent rates and a decreased average number of vessels compared to the previous year. Despite a slight recovery in the drybulk market, the rebound was insufficient to return to profitability. The company has been actively repurchasing shares under its buyback program and plans to release its 2024 Sustainability/ESG Report. The outlook remains uncertain due to geopolitical tensions and macroeconomic factors, but EuroDry is considering longer-term charters if market conditions improve.
The most recent analyst rating on (EDRY) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on EuroDry stock, see the EDRY Stock Forecast page.
Spark’s Take on EDRY Stock
According to Spark, TipRanks’ AI Analyst, EDRY is a Neutral.
EuroDry’s overall stock score reflects significant financial and market challenges. The company’s negative net income and strained cash flows weigh heavily on its financial performance. Technical indicators suggest potential stabilization, but valuation remains a concern with a negative P/E ratio. The earnings call highlighted ongoing market headwinds, contributing to a cautious outlook.
To see Spark’s full report on EDRY stock, click here.
More about EuroDry
EuroDry Ltd. is a company based in Greece that owns and operates drybulk vessels, providing seaborne transportation for drybulk cargoes. The company is focused on the drybulk shipping industry, managing a fleet that operates under short-term charters or market index-linked levels.
Average Trading Volume: 4,830
Technical Sentiment Signal: Sell
Current Market Cap: $30.16M
See more data about EDRY stock on TipRanks’ Stock Analysis page.