EuroDry Ltd (EDRY)
NASDAQ:EDRY
EDRY Stock Chart & Stats
$19.99
-$0.42(-3.83%)
At close: 4:00 PM EST
$19.99
-$0.42(-3.83%)
Day’s Range― - ―
52-Week Range$7.60 - $23.98
Previous CloseN/A
Volume4.16K
Average Volume (3M)5.39K
Market Cap
$55.35M
Enterprise Value$135.75M
Total Cash (Recent Filing)$22.47M
Total Debt (Recent Filing)$102.88M
Price to Earnings (P/E)―
Beta0.56
Next Earnings
May 20, 2026EPS Estimate
0.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.87
Shares Outstanding2,826,697
10 Day Avg. Volume2,828
30 Day Avg. Volume5,391
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)0.38
Price to Sales (P/S)0.68
P/FCF Ratio6.55
Enterprise Value/Market Cap2.45
Enterprise Value/Revenue2.60
Enterprise Value/Gross Profit21.16
Enterprise Value/Ebitda8.71
Forecast
1Y Price Target
$29.33Price Target Upside46.72% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)2.76
Revenue Forecast (FY)$67.15M
Bulls Say, Bears Say
Bulls Say
High EBITDA MarginsSustained ~22% EBITDA margins indicate the core shipping operations generate meaningful cash earnings even when net income is negative. That margin cushion supports working capital, covers variable voyage costs and helps absorb freight volatility, improving medium-term cash resilience.
Q4 Operational Turnaround And UtilizationA sharp Q4 margin and utilization rebound demonstrates the company can capture strengthening freight markets and convert days-at-sea into cash profits. High utilization reduces idle costs and shows the commercial team can secure employment, which supports revenue stability over coming quarters.
2025 Cash-flow Recovery And Positive FCFA return to positive operating and free cash flow indicates improving cash generation capacity after prior losses. Positive FCF enhances flexibility to fund scheduled debt repayments, modest buybacks and maintenance, reducing near-term refinancing pressure if the trend holds.
Bears Say
Moderate-to-elevated Leverage And MaturitiesDebt roughly in line with equity and multi-year principal repayments create refinancing and liquidity risk. In a cyclical shipping market, sizable upcoming maturities force either use of cash, asset sales or new debt at potentially higher cost, pressuring financial flexibility over the next 2–3 years.
Volatile Historical Cash GenerationLarge swings in free cash flow and weak coverage ratios show cash generation is cyclical and unpredictable. This makes capital planning harder, increases reliance on external funding in downturns, and raises execution risk for fleet renewal or dividend/share return policies.
Aging Vessels And Renewal Capex/sale RiskAn older fleet profile increases operating and drydocking costs and can depress TCEs versus newer vessels. Management’s need to sell or replace vintage ships creates timing and capex risk: disposals may be non-accretive in weak markets and replacements require funding when prices could be elevated.
EuroDry News
EDRY FAQ
What was EuroDry Ltd’s price range in the past 12 months?
EuroDry Ltd lowest stock price was $7.60 and its highest was $23.98 in the past 12 months.
What is EuroDry Ltd’s market cap?
EuroDry Ltd’s market cap is $55.35M.
When is EuroDry Ltd’s upcoming earnings report date?
EuroDry Ltd’s upcoming earnings report date is May 20, 2026 which is in 41 days.
How were EuroDry Ltd’s earnings last quarter?
EuroDry Ltd released its earnings results on Feb 19, 2026. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.06.
Is EuroDry Ltd overvalued?
According to Wall Street analysts EuroDry Ltd’s price is currently Undervalued.
Does EuroDry Ltd pay dividends?
EuroDry Ltd does not currently pay dividends.
What is EuroDry Ltd’s EPS estimate?
EuroDry Ltd’s EPS estimate is 0.42.
How many shares outstanding does EuroDry Ltd have?
EuroDry Ltd has 2,826,697 shares outstanding.
What happened to EuroDry Ltd’s price movement after its last earnings report?
EuroDry Ltd reported an EPS of $0.87 in its last earnings report, beating expectations of $0.81. Following the earnings report the stock price went up 9.467%.
Which hedge fund is a major shareholder of EuroDry Ltd?
Currently, no hedge funds are holding shares in EDRY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
EuroDry Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$29.33 (46.72% Upside)
$29.33 (46.72% Upside)
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-36.76%
12-Months-Change
Fundamentals
Return on Equity
-11.12%
Trailing 12-Months
Asset Growth
-6.02%
Trailing 12-Months
Company Description
EuroDry Ltd
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. As of March 31, 2022, it operated a fleet of ten drybulk carriers comprising five Panamax drybulk carriers, two Ultramax drybulk carrier, two Kamsarmax carriers, and one Supramax drybulk carrier with a cargo capacity of 726,555 deadweight tons. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece.
EDRY Company Deck
EDRY Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted a strong operational turnaround in Q4 2025 with meaningful margin expansion (Q4 adjusted EBITDA up >300%), improved quarterly revenues and profitability, full utilization, enhanced liquidity and clear fleet renewal plans. These positives are tempered by a full-year revenue decline, continued adjusted full-year losses, a sizeable debt load with upcoming repayments, higher operating costs and ongoing freight market volatility and geopolitical risk. Overall the company appears to have strengthened its near-term financial position and demonstrated quarter-over-quarter improvement, but remains exposed to market cyclicality and refinancing risk.View all EDRY earnings summariesEDRY Stock 12 Month Forecast
Average Price Target
$29.33
▲(46.72% Upside)
Technical Analysis
Ownership Overview
―
Insiders
0.14% Mutual Funds
<0.01% Other Institutional Investors
99.86% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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