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EDRY Stock Chart & Stats
$24.10
-$0.80(-3.21%)
At close: 4:00 PM EDT
$24.10
-$0.80(-3.21%)
Day’s Range― - ―
52-Week Range$10.00 - $28.00
Previous Close$24.1
Volume364.81K
Average Volume (3M)5.39K
Market Cap
$71.09M
Enterprise Value$143.74
Total Cash (Recent Filing)$21.51M
Total Debt (Recent Filing)$100.13M
Price to Earnings (P/E)―
Beta0.73
Next Earnings
Aug 12, 2026EPS Estimate
1.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.13
Shares Outstanding2,866,591
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$33.33Price Target Upside38.31% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)2.8
Revenue Forecast (FY)$64.48M
Bulls Say, Bears Say
Bulls Say
Improving Cash GenerationOperating cash conversion strengthened materially: operating cash flow improved to about $17.5M TTM and free cash flow turned positive (~$9.8M). This durable cash generation supports capex, buybacks and liquidity buffers, improving financial flexibility across cycles.
High Utilization & Better Per-Vessel EconomicsCommercial utilization near 100% and a >100% increase in average TCE to $14.4k/day reflect sustained operational recovery. Higher per-vessel earnings and tight deployment support recurring charter revenue and margin sustainability over the coming months.
Fleet Modernization And ScaleManagement is expanding and modernizing the fleet with eco newbuilds that grow capacity from ~707k DWT to ~1.05M DWT. New eco vessels should lower operating costs, reduce average fleet age and enhance commercial competitiveness across market cycles.
Bears Say
Moderate-to-Elevated LeverageDebt roughly in line with equity (debt-to-equity ~1.07) and material scheduled amortizations/newbuild financing needs limit balance sheet flexibility. In a softer charter-rate environment this leverage could pressure liquidity and constrain strategic options.
Earnings Cyclicality And VolatilityResults swung from solid profits in 2021–22 to losses in 2023–25; while margins improved and operating profit returned in TTM, net income remains slightly negative. This earnings volatility undermines predictability of cash flows and returns over the medium term.
Rising Cash-Flow BreakevenAll-in cash‑flow breakeven rose to about $12.3–12.5k/day, narrowing the margin of safety versus freight-rate swings. With modest fixed-rate coverage for 2026 and limited hedges, a material rate softening could rapidly erode free cash flow and strain debt servicing.
EDRY FAQ
What was EuroDry Ltd’s price range in the past 12 months?
EuroDry Ltd lowest stock price was $10.00 and its highest was $28.00 in the past 12 months.
What is EuroDry Ltd’s market cap?
EuroDry Ltd’s market cap is $71.09M.
When is EuroDry Ltd’s upcoming earnings report date?
EuroDry Ltd’s upcoming earnings report date is Aug 12, 2026 which is in 14 days.
How were EuroDry Ltd’s earnings last quarter?
EuroDry Ltd released its earnings results on May 20, 2026. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.417 by -$0.297.
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 1.14.
How many shares outstanding does EuroDry Ltd have?
EuroDry Ltd has 2,866,591 shares outstanding.
What happened to EuroDry Ltd’s price movement after its last earnings report?
EuroDry Ltd reported an EPS of $0.12 in its last earnings report, missing expectations of $0.417. Following the earnings report the stock price went up 2.79%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$33.33 (38.31% Upside)
$33.33 (38.31% Upside)
Blogger Sentiment
Bullish
EDRY Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth $11.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-36.76%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-0.91%
Trailing 12-Months
Company Description
EuroDry Ltd
EuroDry Ltd., a global marine shipping firm founded in 2018 and based in Marousi, Greece, provides worldwide ocean-going transport services through its subsidiaries. The company owns and manages a fleet of dry bulk carriers. These vessels are primarily used to transport major bulk commodities like iron ore, coal, and grains, alongside minor bulk cargo such as bauxite, phosphate, and fertilizers. As of March 31, 2022, its operational fleet consisted of ten dry bulk ships—specifically, five Panamax, two Ultramax, two Kamsarmax, and one Supramax—boasting a combined cargo capacity of 726,555 deadweight tons.
EDRY Company Deck
EDRY Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strong quarter marked by significant revenue growth (38.9%), a return to profitability (net income $260k vs prior-year loss), a large positive swing in adjusted EBITDA (~$4.87M vs -$1.02M), improved utilization and more than doubled per-vessel earnings. Management is executing buybacks while investing in fleet modernization (4 newbuilds) and maintaining disciplined charter/hedging strategies. Key risks include macro/geopolitical uncertainty, conditional newbuilding financing, rising breakeven levels, and upcoming debt/newbuild payments. On balance, near-term operational and market momentum outweigh the execution and market risks discussed.View all EDRY earnings summariesEDRY Stock 12 Month Forecast
Average Price Target
$33.33
▲(38.31% Upside)
Technical Analysis
Ownership Overview
2.71% Insiders
0.14% Mutual Funds
<0.01% Other Institutional Investors
97.15% Public Companies and
Individual Investors