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 - $24.00
Previous CloseN/A
Volume4.16K
Average Volume (3M)5.39K
Market Cap
$59.25M
Enterprise Value$144.10M
Total Cash (Recent Filing)$22.47M
Total Debt (Recent Filing)$102.88M
Price to Earnings (P/E)53.7
Beta0.67
Next Earnings
Aug 12, 2026EPS Estimate
1.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.57
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 Cap2.43
Enterprise Value/Revenue2.76
Enterprise Value/Gross Profit22.47
Enterprise Value/Ebitda9.25
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)$67.16M
Bulls Say, Bears Say
Bulls Say
High Fleet Utilization & Rising TCESustained near-100% utilization and a large rise in time-charter-equivalent rates materially boost durable cash generation per vessel. Higher TCE and efficient deployment reduce revenue volatility from empty days, improving the company's ability to cover fixed costs and service debt over the next several quarters.
Recovering Cash GenerationA return to positive operating and free cash flow signals improving underlying earnings quality and liquidity. Consistent OCF/FCF provides durable capacity to fund scheduled debt amortization, support limited buybacks, and finance predelivery installments for newbuilds without immediate reliance on equity markets.
Fleet Modernization & NAV UpsideInvesting in younger Ultramax/Kamsarmax newbuilds increases cargo flexibility and charter appeal long-term, while a material gap between book and estimated market vessel values provides a tangible NAV buffer. Together these strengthen strategic positioning and balance-sheet resilience over multiple years.
Bears Say
Elevated Leverage & Near-Term AmortizationsDebt roughly in line with equity and meaningful scheduled amortizations create sustained refinancing and liquidity pressure, especially if rates or charter markets soften. This leverage profile reduces financial flexibility, increases interest/covenant risk, and raises the chance that cash must be diverted from growth or buybacks to service obligations.
Volatile Profitability & Negative Net MarginsWide swings from positive EBITDA to net losses reflect high capital intensity, financial costs, and cyclical exposure. While underlying operations generate decent EBITDA, persistent negative net margins undermine retained earnings accumulation, complicate reinvestment and debt paydown plans, and heighten vulnerability to rate downturns across planning horizons.
Newbuild Financing & Execution RiskDependence on conditional bank guarantees and sizable financed portions for newbuilds creates execution and funding risk. Failure or delay in financing increases dilution or borrowing, and added capacity could arrive into weaker markets, pressuring rates and cash flows while obligations and capex remain.
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 $24.00 in the past 12 months.
What is EuroDry Ltd’s market cap?
EuroDry Ltd’s market cap is $59.25M.
When is EuroDry Ltd’s upcoming earnings report date?
EuroDry Ltd’s upcoming earnings report date is Aug 12, 2026 which is in 82 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 1.12.
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 $0.12 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
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10
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
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
-4.65%
Trailing 12-Months
Asset Growth
-0.91%
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
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
$29.33
▲(33.58% Upside)
Technical Analysis
Ownership Overview
2.74% Insiders
0.14% Mutual Funds
<0.01% Other Institutional Investors
97.12% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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