This summary was created by AI, based on 3 opinions in the last 12 months.
Euroseas Ltd. (ESEA-Q) is a Greece based owner and operator of containerships, with a focus on energy efficient vessels and a robust dividend yield. The company continues to grow its cash reserves, retire debt, and buy back shares, while also expanding its fleet. With a low earnings multiple, high return on equity, and strong analyst price targets, Euroseas presents an attractive investment opportunity for those seeking solid growth potential and a stable dividend yield.
Euroseas Ltd. is a American stock, trading under the symbol ESEA-Q on the NASDAQ (ESEA). It is usually referred to as NASDAQ:ESEA or ESEA-Q
In the last year, there was no coverage of Euroseas Ltd. published on Stockchase.
Euroseas Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Euroseas Ltd..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered Euroseas Ltd. In the last year. It is a trending stock that is worth watching.
On 2024-12-04, Euroseas Ltd. (ESEA-Q) stock closed at a price of $39.14.
We reiterate this owner/operator of 20 container ships as a TOP PICK. The company announced construction of 2 LNG-ready ships and that 70% of the fleet is booked for 2025 -- ensuring steady revenues into the next year. We like that cash reserves are growing, while debt is retired. It trades at 3x earnings, under book value, and supports a 43% ROE. The good dividend is backed by a payout ratio under 15% of cash flow. We recommend keeping a tight stop at $36, looking to achieve $51 -- upside potential of 28%. Yield 5.6%
(Analysts’ price target is $61.67)