Okeanis Eco Tankers (NYSE:ECO) Sets New 12-Month High – Here’s Why

Posted by Brenda Bartman on Jul 24th, 2026

Okeanis Eco Tankers Corp. (NYSE:ECO – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $58.75 and last traded at $58.4370, with a volume of 67200 shares traded. The stock had previously closed at $57.46.

Analyst Upgrades and Downgrades

ECO has been the topic of several recent research reports. Zacks Research lowered shares of Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Wall Street Zen downgraded Okeanis Eco Tankers from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Pareto Securities lowered Okeanis Eco Tankers from a “buy” rating to a “hold” rating and set a $57.50 price objective on the stock. in a research report on Monday, May 25th. Weiss Ratings restated a “hold (c+)” rating on shares of Okeanis Eco Tankers in a research note on Thursday, June 18th. Finally, Clarkson Capital downgraded Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Okeanis Eco Tankers presently has an average rating of “Hold” and a consensus target price of $59.52.

Read Our Latest Analysis on Okeanis Eco Tankers

Okeanis Eco Tankers Price Performance

The company has a market cap of $2.27 billion, a price-to-earnings ratio of 10.29 and a beta of -0.07. The company’s 50-day simple moving average is $52.64 and its 200-day simple moving average is $48.89. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.70 and a quick ratio of 1.56.

Okeanis Eco Tankers (NYSE:ECO – Get Free Report) last posted its earnings results on Wednesday, May 13th. The company reported $2.33 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.59. The business had revenue of $170.16 million for the quarter, compared to analysts’ expectations of $134.02 million. Okeanis Eco Tankers had a net margin of 41.26% and a return on equity of 37.13%. On average, equities research analysts anticipate that Okeanis Eco Tankers Corp. will post 9.53 EPS for the current year.

Okeanis Eco Tankers Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Thursday, May 28th were paid a dividend of $2.00 per share. This is a positive change from Okeanis Eco Tankers’s previous quarterly dividend of $1.55. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $8.00 annualized dividend and a yield of 13.8%. Okeanis Eco Tankers’s payout ratio is presently 141.34%.

Hedge Funds Weigh In On Okeanis Eco Tankers

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets acquired a new stake in shares of Okeanis Eco Tankers during the second quarter valued at about $25,000. Fifth Third Bancorp acquired a new position in shares of Okeanis Eco Tankers in the first quarter worth about $29,000. Quarry LP acquired a new position in shares of Okeanis Eco Tankers in the third quarter worth about $29,000. Caitong International Asset Management Co. Ltd boosted its holdings in Okeanis Eco Tankers by 102.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,052 shares of the company’s stock valued at $36,000 after purchasing an additional 532 shares during the last quarter. Finally, State of Wyoming purchased a new position in Okeanis Eco Tankers in the second quarter valued at about $107,000.

Okeanis Eco Tankers Company Profile

(Get Free Report)

Okeanis Eco Tankers Corp. is a Marshall Islands–incorporated, publicly traded shipping company specializing in the ownership and operation of eco-design product tankers. The company made its debut on the New York Stock Exchange under the ticker “ECO” in May 2019 following an initial public offering. It focuses on the acquisition of newbuilding medium-range (MR) and long-range (LR) product tankers designed to deliver enhanced fuel efficiency and reduced emissions.

As of its public listing, Okeanis Eco Tankers’ fleet comprises twelve eco-efficient vessels built by Hyundai Samho Heavy Industries in South Korea.