What is Noble Financial’s Estimate for Euroseas Q2 Earnings?

Euroseas Ltd. (NASDAQ:ESEA) – Equities research analysts at Noble Financial increased their Q2 2026 EPS estimates for shares of Euroseas in a research report issued to clients and investors on Tuesday, May 26th. Noble Financial analyst M. Reichman now expects that the shipping company will post earnings of $4.47 per share for the quarter, up from their previous estimate of $4.31. The consensus estimate for Euroseas’ current full-year earnings is $17.34 per share. Noble Financial also issued estimates for Euroseas’ Q3 2026 earnings at $4.38 EPS, Q4 2026 earnings at $4.54 EPS and FY2026 earnings at $18.10 EPS.

Euroseas (NASDAQ:ESEA) last announced its earnings results on Thursday, May 21st. The shipping company reported $4.70 earnings per share for the quarter, beating the consensus estimate of $4.26 by $0.44. Euroseas had a net margin of 58.31% and a return on equity of 27.55%. The firm had revenue of $55.84 million during the quarter, compared to the consensus estimate of $56.61 million.

A number of other research analysts also recently commented on ESEA. Weiss Ratings downgraded shares of Euroseas from a “buy (b)” rating to a “hold (c)” rating in a research note on Tuesday. Alliance Global Partners reissued a “buy” rating on shares of Euroseas in a research report on Monday, April 20th. Finally, Wall Street Zen downgraded shares of Euroseas from a “buy” rating to a “hold” rating in a research report on Sunday. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $62.00.

Euroseas Trading Up 1.0%

Shares of ESEA stock opened at $66.00 on Thursday. The firm has a 50-day moving average price of $68.60 and a 200 day moving average price of $61.94. Euroseas has a twelve month low of $37.52 and a twelve month high of $78.76. The company has a market capitalization of $465.96 million, a price-to-earnings ratio of 3.48 and a beta of 0.54. The company has a current ratio of 5.46, a quick ratio of 5.38 and a debt-to-equity ratio of 0.39.

Euroseas Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 9th will be issued a $0.80 dividend. The ex-dividend date is Tuesday, June 9th. This represents a $3.20 dividend on an annualized basis and a yield of 4.8%. This is a boost from Euroseas’s previous quarterly dividend of $0.75. Euroseas’s dividend payout ratio (DPR) is currently 15.81%.

Hedge Funds Weigh In On Euroseas

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Renaissance Technologies LLC boosted its holdings in Euroseas by 4.2% in the 1st quarter. Renaissance Technologies LLC now owns 100,765 shares of the shipping company’s stock worth $6,736,000 after acquiring an additional 4,087 shares during the period. Millennium Management LLC boosted its stake in shares of Euroseas by 171.7% during the 4th quarter. Millennium Management LLC now owns 53,386 shares of the shipping company’s stock valued at $2,915,000 after buying an additional 33,738 shares during the last quarter. Lazard Asset Management LLC boosted its stake in shares of Euroseas by 3.7% during the 4th quarter. Lazard Asset Management LLC now owns 35,031 shares of the shipping company’s stock valued at $1,913,000 after buying an additional 1,262 shares during the last quarter. Citadel Advisors LLC boosted its stake in shares of Euroseas by 144.9% during the 3rd quarter. Citadel Advisors LLC now owns 26,576 shares of the shipping company’s stock valued at $1,584,000 after buying an additional 15,724 shares during the last quarter. Finally, Inspire Investing LLC purchased a new position in shares of Euroseas during the 1st quarter valued at approximately $1,591,000. Hedge funds and other institutional investors own 6.27% of the company’s stock.

About Euroseas

Euroseas Ltd. (NASDAQ: ESEA) is an international shipping company specializing in seaborne transportation of containerized and drybulk cargoes. Incorporated in Bermuda with its principal operations and management office based in Athens, Greece, the company owns and charters a diversified fleet of containerships, drybulk carriers and multipurpose vessels. Euroseas provides tailored shipping solutions on time-charter and voyage-charter agreements, serving manufacturers, commodity traders and logistics providers across major trade routes.

Euroseas’s fleet comprises both owned and chartered tonnage, enabling the company to adjust capacity to market conditions and customer requirements.