What is Noble Financial’s Forecast for EuroDry Q4 Earnings?

Posted by on Aug 12th, 2026

EuroDry (NASDAQ:EDRY – Free Report) – Stock analysts at Noble Financial lifted their Q4 2026 earnings per share (EPS) estimates for shares of EuroDry in a research note issued to investors on Friday, August 7th. Noble Financial analyst M. Reichman now expects that the company will post earnings per share of $1.51 for the quarter, up from their prior estimate of $1.40. The consensus estimate for EuroDry’s current full-year earnings is $5.77 per share.

EuroDry (NASDAQ:EDRY – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $2.44 EPS for the quarter, beating the consensus estimate of $1.23 by $1.21. The company had revenue of $17.70 million during the quarter, compared to analysts’ expectations of $17.86 million. EuroDry had a return on equity of 8.77% and a net margin of 15.02%.

A number of other analysts have also commented on EDRY. Zacks Research upgraded EuroDry from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 10th. Wall Street Zen upgraded shares of EuroDry from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 3rd. Weiss Ratings lowered shares of EuroDry from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Tuesday, May 26th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of EuroDry in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $23.50.

View Our Latest Stock Report on EDRY

EuroDry Trading Up 5.5%

Shares of EDRY opened at $38.40 on Monday. The company has a quick ratio of 1.23, a current ratio of 1.28 and a debt-to-equity ratio of 0.69. EuroDry has a 12-month low of $10.18 and a 12-month high of $38.75. The firm has a market capitalization of $111.01 million, a PE ratio of 11.60 and a beta of 0.68. The stock’s fifty day simple moving average is $24.17 and its 200-day simple moving average is $20.95.

Hedge Funds Weigh In On EuroDry

A hedge fund recently bought a new position in EuroDry stock. BlackRock Inc. purchased a new stake in EuroDry (NASDAQ:EDRY – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,135 shares of the company’s stock, valued at approximately $47,000. BlackRock Inc. owned about 0.07% of EuroDry at the end of the most recent reporting period. Institutional investors own 2.44% of the company’s stock.

About EuroDry

(Get Free Report)

EuroDry Limited is a Marshall Islands–incorporated shipping company, formed in 2005 and headquartered in Piraeus, Greece. The company is publicly traded on the NASDAQ under the symbol EDRY. Since its inception, EuroDry has focused exclusively on the marine transportation of drybulk commodities and has grown its fleet through a combination of newbuilding contracts and second-hand acquisitions.

As of mid-2024, EuroDry’s operating fleet comprises Capesize, Panamax and Supramax drybulk carriers, collectively providing over one million deadweight tons (dwt) of capacity.

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