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EuroDry Ltd (EDRY)
NASDAQ:EDRY
EDRY Stock Chart & Stats
$22.88
-$0.42(-3.83%)
At close: 4:00 PM EST
$22.88
-$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
$64.67M
Enterprise Value$145.34M
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 Cap2.25
Enterprise Value/Revenue2.78
Enterprise Value/Gross Profit22.66
Enterprise Value/Ebitda9.33
Forecast
1Y Price Target
$29.33Price Target Upside28.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)2.76
Revenue Forecast (FY)$67.15M
Bulls Say, Bears Say
Bulls Say
Recovering Cash GenerationA return to positive operating and free cash flow in 2025 provides a more durable funding base for debt service, working capital and capex (including newbuild predelivery funding). Sustained cash generation reduces refinancing pressure and supports strategic actions like buybacks and targeted fleet investment over the medium term.
Healthy Core Profitability (EBITDA)Consistently strong EBITDA margins indicate the operating model converts revenue into cash earnings even when net income is cyclical. Durable EBITDA performance supports coverage of fixed costs and debt servicing, makes earnings less sensitive to short-term freight swings, and underpins reinvestment or payout optionality over multiple quarters.
Fleet Renewal PipelineCommitted newbuilds signal a multi-quarter modernization plan that can lower operating costs, improve cargo mix and raise asset quality versus older tonnage. A planned fleet refresh supports longer-term competitiveness, higher charter prospects and potential uplift in market valuation once deliveries and re-employment are realized.
Bears Say
Persistent Net LossesMulti-year net losses erode retained equity and limit internal funding for growth or debt paydowns. Even with positive EBITDA, recurring bottom-line losses constrain strategic flexibility, increase reliance on external financing or asset sales, and leave the firm exposed if market freight rates weaken again over the next several quarters.
Elevated Leverage And Near-term MaturitiesDebt roughly in line with equity and sizeable scheduled principal repayments create refinancing and liquidity risk across 2026–2028. In a cyclical shipping market, elevated leverage reduces resilience to rate downturns and increases the probability management will need to refinance, sell assets or draw on limited cash buffers in adverse conditions.
Aging Vessels And Replacement RiskAn older portion of the fleet raises maintenance and operating-cost risk and can depress charterability and realized rates. Selling or replacing older ships requires capital or favorable asset markets; until renewal is complete, the mixed fleet age profile keeps operating costs and off-hire risk elevated and pressurizes long-term margin stability.
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 $64.67M.
When is EuroDry Ltd’s upcoming earnings report date?
EuroDry Ltd’s upcoming earnings report date is May 20, 2026 which is in 78 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
2
3
4
5
6
7
8
9
10
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
▲(28.19% 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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