YOLFTbeta
EuroDry Ltd

EuroDry Ltd

EDRY · NASDAQ · Industrials / Marine Shipping

36.25USD-5.90 (-14.00%)

Price History

Full chart

Market Stats

Previous Close42.15
Open42.15
Day Range35.71 – 42.72
52-Week Range11.95 – 73.07
Volume92.20K
Market Cap153.13M
P/E (TTM)14.64
Forward P/E8.38
EPS3.29
Dividend Yield0.00%
Beta0.75
50-Day Avg43.43
200-Day Avg24.84

About

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. As of March 31, 2026, it operated through a fleet of 11 drybulk carriers comprising three Panamax drybulk carriers, two Kamsarmax drybulk carriers, five Ultramax drybulk carriers, and one Supramax drybulk carrier with a total cargo carrying capacity of 766,420 deadweight tons. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece.

Company Details

  • SectorIndustrials
  • IndustryMarine Shipping
  • CEOMr. Aristides J. Pittas
  • Employees0
  • Headquarters4 Messogiou Thallasis & Evropis Street, Marousi, Greece, 151 24, USA
  • Websitehttps://www.eurodry.gr

Leadership

  • Mr. Aristides J. PittasChairman, President & CEO · b. 1960
  • Dr. Anastasios AslidisCFO, Treasurer & Director · b. 1960
  • Ms. Athina AtaliotiFinance & Investment Manager · b. 1993
  • Mr. Symeon PariarosChief Administrative Officer
  • Ms. Stephania KarmiriSecretary · b. 1968

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue7.88M19.16M24.52M27.24M22.29M64.44M70.18M47.59M61.08M52.26M
Growth (%)-+143.15%+28.00%+11.09%-18.18%+189.12%+8.91%-32.19%+28.35%-14.44%
Cost of Revenue8.22M14.07M15.02M20.02M20.72M20.47M32.88M39.12M40.27M45.85M
Gross Profit-340.73K5.08M9.51M7.22M1.57M43.98M37.30M8.47M20.81M6.41M
Gross Margin-4.32%26.53%38.77%26.52%7.04%68.24%53.15%17.80%34.07%12.27%
Operating Expense8.63M2.45M5.51M4.22M4.31M5.09M3.18M6.88M24.15M7.58M
Operating Income-8.97M2.63M3.99M3.01M-2.74M38.89M34.12M1.59M-3.35M-1.17M
Operating Margin-113.85%13.72%16.29%11.04%-12.30%60.35%48.61%3.35%-5.48%-2.24%
EBITDA-4.68M7.66M9.85M9.99M3.01M41.45M48.15M14.17M13.33M15.83M
EBITDA Margin-59.40%40.00%40.17%36.66%13.51%64.32%68.61%29.77%21.82%30.30%
Net Income-10.14M849.70K1.12M16.50K-5.88M31.15M33.54M-2.91M-9.66M-4.26M
Net Income Margin-128.71%4.44%4.57%0.06%-26.37%48.34%47.79%-6.11%-15.81%-8.16%
Interest Expense1.16M1.82M2.91M3.51M2.33M2.34M3.85M6.49M7.96M6.88M
Interest Expense % of Total Revenue14.74%9.49%11.88%12.90%10.46%3.63%5.49%13.63%13.03%13.17%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets86.69M97.45M127.71M117.69M107.51M161.33M199.51M231.05M219.74M212.10M
Total Liabilities55.59M64.59M65.41M61.16M56.97M82.41M85.56M111.63M114.14M109.59M
Total Equity31.10M32.86M62.30M56.53M50.54M78.92M113.94M109.66M96.74M93.27M
Cash591.11K1.26M4.38M5.40M938.28K26.85M35.24M8.00M6.71M22.47M
Total Debt29.51M38.33M67.38M56.50M51.11M78.65M81.22M103.93M107.19M102.88M
Net Debt28.92M37.07M58.98M51.10M50.17M51.81M45.98M95.93M100.48M80.41M

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow4.26M2.91M3.97M15.11M2.33M39.14M32.99M11.81M4.81M12.76M
Investing Cash Flow-24.24M-9.64M-29.05M-1.11M-611.11K-36.82M-28.40M-65.30M-8.73M6.14M
Financing Cash Flow20.47M9.28M27.93M-12.63M-6.24M22.61M3.01M30.47M1.73M-5.13M
Capital Expenditure24.24M9.64M29.05M1.11M611.11K36.82M37.79M65.30M8.73M7.36M
Free Cash Flow-19.99M-6.73M-25.08M14.00M1.71M2.31M-4.80M-53.50M-3.92M5.40M
Dividends Paid1.31M1.31M1.31M1.31M713.55K1.09M514.98K0--
FCF to OCF-469.64%-231.08%-631.60%92.65%73.72%5.91%-14.55%-453.12%-81.45%42.30%
Dividend Paid to FCF-6.56%-19.50%-5.23%9.37%41.62%46.91%-10.73%0.00%--

Earnings

Report DateMay 25, 2018Aug 9, 2018Nov 15, 2018Feb 19, 2019May 23, 2019Aug 8, 2019Nov 14, 2019Feb 12, 2020May 18, 2020Aug 6, 2020Nov 12, 2020Feb 16, 2021May 20, 2021Aug 4, 2021Nov 10, 2021Feb 10, 2022May 18, 2022Aug 9, 2022Nov 10, 2022Feb 13, 2023May 15, 2023Aug 8, 2023Nov 8, 2023Feb 16, 2024May 21, 2024Aug 8, 2024Nov 19, 2024Feb 24, 2025Jun 5, 2025Sep 30, 2025Nov 13, 2025Feb 19, 2026May 20, 2026Aug 6, 2026Nov 12, 2026
EPS Estimate0.000.200.170.17-0.50-0.25-0.100.24-0.69-1.15-0.33-0.390.272.044.434.662.673.641.902.69-0.280.21-0.950.32-0.340.52-0.23-0.49-1.25-0.87-0.330.750.281.441.70
EPS Actual0.380.160.620.31-0.21-1.14-0.350.45-1.17-1.860.06-0.310.190.814.415.323.643.612.102.20-0.55-0.43-0.190.13-0.65-0.15-1.42-0.25-2.07-1.12-0.230.880.122.44-
Surprise--20.00%264.71%82.35%58.00%-356.00%-250.00%87.50%-69.57%-61.74%118.18%20.51%-29.63%-60.29%-0.45%14.16%36.33%-0.82%10.53%-18.22%-96.43%-304.76%80.00%-59.38%-91.18%-128.85%-517.39%48.98%-65.60%-28.74%30.30%17.33%-57.14%69.44%-
TimingAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-market-After-hoursAfter-hoursPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap153.13M
Enterprise Value235.20M
Trailing P/E14.64
Forward P/E8.38
Price / Sales2.46
Price / Book1.63
EPS3.29
Book Value34.92
Revenue (TTM)62.27M
Gross Profit (TTM)34.58M
EBITDA28.38M
Profit Margin15.02%
Operating Margin49.77%
Return on Equity10.23%
Return on Assets4.95%
Shares Outstanding3.18M
Shares Float2.23M
Beta0.75
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 3 analystsTarget 45.33
  • Strong Buy
    1
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
6.75%
Insiders
53.99%
Retail / Other
39.26%

Top Institutional Holders

  • Renaissance Technologies Corp
    60.35K2.11%
  • Citadel Advisors Llc
    14.48K0.51%
  • Quadrature Capital Limited
    13.05K0.46%
  • Marshall Wace Asset Management Ltd
    10.81K0.38%
  • Morgan Stanley - Brokerage Accounts
    6.13K0.21%
  • BlackRock Inc
    2.13K0.07%
  • Goss Wealth Management LLC
    1.11K0.04%
  • Archer Investment Corporation
    200.00%
  • Wells Fargo & Co
    10.00%
  • Sound Income Strategies
    00.00%
  • SBI Securities Co Ltd
    00.00%

Top Fund Holders

  • Cinvest Tercio Capital A FI
    32.07K1.12%
  • Fidelity Nasdaq Composite Index
    3.94K0.14%