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

Posted by Francis Steltz on May 28th, 2026

Euroseas Ltd. (NASDAQ:ESEA – Free Report) – Noble Financial boosted their Q2 2026 earnings per share estimates for shares of Euroseas in a report released on Tuesday, May 26th. Noble Financial analyst M. Reichman now anticipates that the shipping company will earn $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 – Get Free Report) last released its earnings results on Thursday, May 21st. The shipping company reported $4.70 EPS for the quarter, beating the consensus estimate of $4.26 by $0.44. The company had revenue of $55.84 million during the quarter, compared to analysts’ expectations of $56.61 million. Euroseas had a return on equity of 27.55% and a net margin of 58.31%.

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

View Our Latest Analysis on Euroseas

Euroseas Stock Performance

Euroseas stock opened at $66.00 on Thursday. The stock has a market cap of $465.96 million, a P/E 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. The stock has a 50 day moving average of $68.60 and a 200-day moving average of $61.94. Euroseas has a 52 week low of $37.52 and a 52 week high of $78.76.

Institutional Investors Weigh In On Euroseas

Several large investors have recently added to or reduced their stakes in ESEA. Russell Investments Group Ltd. acquired a new stake in Euroseas in the fourth quarter worth $34,000. Bank of America Corp DE increased its position in Euroseas by 387.8% in the second quarter. Bank of America Corp DE now owns 1,117 shares of the shipping company’s stock worth $50,000 after buying an additional 888 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Euroseas by 540.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,280 shares of the shipping company’s stock worth $76,000 after buying an additional 1,080 shares during the period. Quarry LP acquired a new stake in Euroseas in the third quarter worth $89,000. Finally, Magnetar Financial LLC acquired a new stake in Euroseas in the fourth quarter worth $204,000. 6.27% of the stock is owned by institutional investors and hedge funds.

Euroseas Increases Dividend

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

Euroseas Company Profile

(Get Free Report)

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.