Noble Financial Has Pessimistic View of EuroDry Q3 Earnings

EuroDry Ltd. (NASDAQ:EDRY) – Analysts at Noble Financial reduced their Q3 2025 earnings estimates for shares of EuroDry in a note issued to investors on Tuesday, February 25th. Noble Financial analyst M. Reichman now expects that the company will earn $0.46 per share for the quarter, down from their previous estimate of $0.54. Noble Financial has a “Market Perform” rating on the stock. The consensus estimate for EuroDry’s current full-year earnings is ($2.84) per share. Noble Financial also issued estimates for EuroDry’s Q4 2025 earnings at $0.64 EPS.

EuroDry Price Performance

NASDAQ:EDRY opened at $10.97 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 0.84 and a debt-to-equity ratio of 0.74. The business’s 50-day moving average price is $11.07 and its 200 day moving average price is $15.52. EuroDry has a 52-week low of $10.04 and a 52-week high of $24.84. The firm has a market cap of $31.11 million, a P/E ratio of -4.99 and a beta of 0.76.

Institutional Trading of EuroDry

A hedge fund recently raised its stake in EuroDry stock. Linden Thomas Advisory Services LLC raised its position in shares of EuroDry Ltd. (NASDAQ:EDRY) by 16.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,693 shares of the company’s stock after purchasing an additional 4,289 shares during the period. Linden Thomas Advisory Services LLC owned 1.05% of EuroDry worth $333,000 as of its most recent SEC filing. Institutional investors and hedge funds own 2.44% of the company’s stock.

EuroDry Company Profile

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. It owns and operates a fleet of drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. The company fleet consisted of 13 drybulk carriers comprising five Panamax drybulk carriers, two Kamsarmax, five Ultramax drybulk carriers, and one Supramax drybulk carrier with a total cargo carrying capacity of 918,502 dwt.