EuroDry Ltd (EDRY)
NASDAQ:EDRY
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EDRY Stock Chart & Stats
$21.96
-$0.42(-3.83%)
At close: 4:00 PM EST
$21.96
-$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
$54.59M
Enterprise Value$136.06M
Total Cash (Recent Filing)$22.47M
Total Debt (Recent Filing)$102.88M
Price to Earnings (P/E)2.8
Beta0.67
Next Earnings
May 20, 2026EPS Estimate
0.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.87
Shares Outstanding2,796,647
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 Cap2.49
Enterprise Value/Revenue2.60
Enterprise Value/Gross Profit21.21
Enterprise Value/Ebitda8.73
Forecast
1Y Price Target
$29.33Price Target Upside33.58% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)2.76
Revenue Forecast (FY)$67.15M
Bulls Say, Bears Say
Bulls Say
Durable EBITDA MarginsSustained EBITDA margins around ~22% indicate the core drybulk operations generate meaningful cash earnings even when net income is volatile. That operating cash cushion helps cover financing, supports short-term investments or capex, and increases resilience across freight cycles.
High Utilization And TCE RecoveryNear-full utilization and materially higher Q4 TCE demonstrate strong commercial execution and demand capture. Durable uptake across the fleet improves revenue visibility, raises cash generation in the near term, and reduces per-vessel fixed-cost dilution compared with intermittent idle days.
Improved Liquidity And Funding CapacityElevated cash plus advances for newbuildings and recent refinancing provide balance-sheet flexibility to meet scheduled repayments, fund planned Ultramax deliveries, and absorb market downdrafts. This stronger liquidity profile supports execution of renewal strategy and short-term obligations.
Bears Say
Moderate-to-elevated Leverage & MaturitiesDebt roughly in line with equity and a multi-year repayment schedule create refinancing and liquidity risk if charter markets soften. With volatile operating cash historically, upcoming principal and balloon repayments could force higher-cost refinancing or asset disposals, constraining strategic optionality.
Cyclical Losses And Revenue VolatilityMulti-year swings to net losses and meaningful revenue declines highlight exposure to freight cycles. Persistent negative net margins erode retained earnings, limit internal funding for capex or debt service, and increase reliance on external capital when markets turn down, amplifying long-term risk.
Aging Fleet Requiring RenewalOlder tonnage increases maintenance, insurance, and fuel costs and can lower charter competitiveness. Fleet renewal requires capex or asset swaps; executing disposals in high-valuation markets or funding replacements raises execution and timing risk and could pressure cash or alter capacity in a cyclical market.
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 $54.59M.
When is EuroDry Ltd’s upcoming earnings report date?
EuroDry Ltd’s upcoming earnings report date is May 20, 2026 which is in 19 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 2,796,647 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 (33.58% Upside)
$29.33 (33.58% Upside)
Insider Transactions
Sold Shares
Worth $14.2K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
-36.76%
12-Months-Change
Fundamentals
Return on Equity
-4.65%
Trailing 12-Months
Asset Growth
-3.47%
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
▲(33.58% Upside)
Technical Analysis
Ownership Overview
2.71% Insiders
0.14% Mutual Funds
<0.01% Other Institutional Investors
97.15% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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