Okeanis Eco Tankers (NYSE:ECO) Given New $120.00 Price Target at B. Riley Financial

Okeanis Eco Tankers (NYSE:ECO) had its target price boosted by analysts at B. Riley Financial from $100.00 to $120.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has a “buy” rating on the stock. B. Riley Financial‘s price target points to a potential upside of 38.05% from the company’s previous close.

ECO has been the topic of a number of other research reports. Weiss Ratings raised shares of Okeanis Eco Tankers from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, September 9th. Wall Street Zen raised shares of Okeanis Eco Tankers from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Finally, Zacks Research lowered shares of Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $74.52.

Okeanis Eco Tankers Trading Down 0.8%

NYSE ECO opened at $86.92 on Friday. The firm has a market cap of $3.39 billion, a P/E ratio of 5.02 and a beta of -0.32. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.43 and a quick ratio of 4.13. The stock’s 50-day moving average is $85.97 and its 200-day moving average is $60.96. Okeanis Eco Tankers has a one year low of $31.75 and a one year high of $102.56.

Okeanis Eco Tankers (NYSE:ECO) last issued its quarterly earnings data on Wednesday, November 11th. The company reported $7.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.73 by $2.94. Okeanis Eco Tankers had a return on equity of 93.62% and a net margin of 60.65%. The business had revenue of $501.50 million during the quarter, compared to analyst estimates of $220.83 million. Sell-side analysts anticipate that Okeanis Eco Tankers will post 15.33 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Okeanis Eco Tankers

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE boosted its position in Okeanis Eco Tankers by 96.7% during the 1st quarter. Bank of America Corp DE now owns 278,305 shares of the company’s stock worth $14,079,000 after acquiring an additional 136,782 shares during the last quarter. Walleye Capital LLC lifted its position in shares of Okeanis Eco Tankers by 71.9% in the first quarter. Walleye Capital LLC now owns 177,417 shares of the company’s stock worth $8,976,000 after purchasing an additional 74,231 shares in the last quarter. Militia Capital Management LLC bought a new stake in shares of Okeanis Eco Tankers in the first quarter worth $3,541,000. Energy Income Partners LLC lifted its position in shares of Okeanis Eco Tankers by 3.4% in the first quarter. Energy Income Partners LLC now owns 69,118 shares of the company’s stock worth $3,497,000 after purchasing an additional 2,250 shares in the last quarter. Finally, Cvfg LLC boosted its holdings in Okeanis Eco Tankers by 0.8% during the third quarter. Cvfg LLC now owns 31,925 shares of the company’s stock worth $2,582,000 after purchasing an additional 260 shares during the last quarter.

Top Okeanis Eco Tankers Stories

These are some of the ECO stories that stood out recently:

• Positive Sentiment: Q4 rates are exceptionally strong: Okeanis said it has covered 71% of fleet days for Q4 at an average of about $420,000 per day, supporting expectations for robust near-term revenue and cash flow. Okeanis Eco Tankers outlines Q4 coverage
• Positive Sentiment: Dividend increased: Okeanis declared a $7.00-per-share quarterly dividend, up 33.3% from $5.25. Shareholders of record November 23 are scheduled to receive it December 1. The increase signals strong cash generation and boosts shareholder returns. Q3 2026 dividend details
• Neutral Sentiment: The outsized dividend and earnings reflect favorable tanker rates; investors should not assume the current payout or earnings run rate will persist if freight markets weaken.

About Okeanis Eco Tankers

Okeanis Eco Tankers Corp. is a Greece-based shipping company that owns and operates crude oil tankers. Its fleet includes very large crude carriers (VLCCs) and Suezmax vessels, which transport crude oil between production regions and markets around the world. The company provides seaborne transportation services to energy companies and commodity traders, deploying its vessels through spot-market voyages and charter arrangements. Its ships are designed to meet modern efficiency and environmental standards.