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EuroDry Ltd (EDRY)
NASDAQ:EDRY
EDRY Stock Chart & Stats
$20.08
-$0.42(-3.83%)
At close: 4:00 PM EST
$20.08
-$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
$56.76M
Enterprise Value$137.17M
Total Cash (Recent Filing)$22.47M
Total Debt (Recent Filing)$102.88M
Price to Earnings (P/E)―
Beta0.61
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 Cap2.42
Enterprise Value/Revenue2.62
Enterprise Value/Gross Profit21.39
Enterprise Value/Ebitda8.80
Forecast
1Y Price Target
$29.33Price Target Upside46.07% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)2.76
Revenue Forecast (FY)$67.15M
Bulls Say, Bears Say
Bulls Say
Healthy EBITDA MarginsSustained ~22% EBITDA margins indicate the core vessel operations generate meaningful cash earnings even when net income is cyclical. This margin buffer supports coverage of fixed ship costs, funds maintenance/drydocking, and improves resilience across drybulk cycles over the next 2–6 months.
Recovering Cash GenerationReturn to positive FCF and a material operating cash flow rebound signal improving operational cash conversion. That durable improvement enhances liquidity to meet scheduled repayments, fund predelivery installments for newbuilds, and sustain buybacks without relying solely on capital markets.
Operational Turnaround And Longer-charter StrategyFull-quarter utilization, a large quarter-over-quarter EBITDA uplift and explicit move toward one-year+ charters and targeted hedges increase cash flow visibility. Structurally, longer charters and hedging reduce spot-rate exposure and smooth earnings through near-term market swings.
Bears Say
Moderate-to-elevated LeverageDebt roughly in line with equity and multi-year scheduled repayments create refinancing and liquidity risk if rates or markets weaken. Balloons in 2027 increase refinancing dependency; elevated leverage limits flexibility for opportunistic investments or further capital returns.
Persistent Full-year Losses And Negative MarginsDespite quarter strength, full-year losses and negative net margins reflect cyclicality and weaker annual earnings power. Persistent losses constrain retained capital, reduce capacity to self-fund growth or larger newbuild commitments, and keep reliance on external financing elevated.
Aging Fleet And Replacement Funding NeedsAn older fleet raises operating costs, off-hire risk and P&I/insurance exposure, while planned newbuilds and potential disposals require meaningful capex or financing. Managing replacements amid volatile freight markets materially affects long-term cost structure and cash needs.
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 $56.76M.
When is EuroDry Ltd’s upcoming earnings report date?
EuroDry Ltd’s upcoming earnings report date is May 20, 2026 which is in 63 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
Outperform
1
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$29.33 (46.07% Upside)
$29.33 (46.07% 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
▲(46.07% 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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