What is Noble Financial’s Estimate for EuroDry Q1 Earnings?

EuroDry Ltd. (NASDAQ:EDRY) – Equities researchers at Noble Financial lifted their Q1 2025 earnings per share estimates for shares of EuroDry in a report issued on Tuesday, February 25th. Noble Financial analyst M. Reichman now expects that the company will earn ($1.84) per share for the quarter, up from their prior estimate of ($2.22). Noble Financial has a “Market Perform” rating on the stock. The consensus estimate for EuroDry’s current full-year earnings is ($2.84) per share. Noble Financial also issued estimates for EuroDry’s Q2 2025 earnings at $0.31 EPS and FY2025 earnings at ($0.43) EPS.

EuroDry Stock Performance

Shares of EDRY opened at $11.37 on Thursday. The stock’s 50-day simple moving average is $11.08 and its 200 day simple moving average is $15.49. The stock has a market capitalization of $32.25 million, a price-to-earnings ratio of -5.17 and a beta of 0.76. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 0.84. EuroDry has a 52-week low of $10.04 and a 52-week high of $24.84.

Institutional Trading of EuroDry

An institutional investor recently bought a new position in EuroDry stock. B. Riley Wealth Advisors Inc. purchased a new stake in EuroDry Ltd. (NASDAQ:EDRY) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,003 shares of the company’s stock, valued at approximately $112,000. B. Riley Wealth Advisors Inc. owned approximately 0.35% of EuroDry as of its most recent SEC filing. Institutional investors and hedge funds own 2.44% of the company’s stock.

EuroDry Company Profile

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. It owns and operates a fleet of drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. The company fleet consisted of 13 drybulk carriers comprising five Panamax drybulk carriers, two Kamsarmax, five Ultramax drybulk carriers, and one Supramax drybulk carrier with a total cargo carrying capacity of 918,502 dwt.