Euroseas announces Q3 adjusted earnings per share of $4.23, up from $3.92 a year ago.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 18 2025
0mins
Should l Buy ESEA?
Q3 Revenue Performance: The company reported Q3 revenue of $56.9 million, an increase from $54.1 million the previous year, with strong earnings per share exceeding both the previous quarter and the same period last year.
Charter Contracts and EBITDA: New forward charter contracts for five vessels are expected to generate a minimum of $183 million in EBITDA, significantly enhancing revenue visibility and increasing charter coverage to about 75% for 2026.
Market Conditions: While container freight rates reached a two-year low by late September, they have since recovered, and charterer interest remains strong despite a seasonal slowdown in chartering activity.
Future Earnings Outlook: The company anticipates continued strong earnings in upcoming quarters due to a solid contracted charter backlog, even under conservative rate assumptions for renewals.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ESEA?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ESEA
Wall Street analysts forecast ESEA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ESEA is 70.00 USD with a low forecast of 65.00 USD and a high forecast of 75.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 56.520
Low
65.00
Averages
70.00
High
75.00
Current: 56.520
Low
65.00
Averages
70.00
High
75.00
About ESEA
Euroseas Ltd. is engaged in the shipping business. The Company is an owner and operator of drybulk and container carrier vessels and is a provider of seaborne transportation for drybulk and containerized cargoes. Eurobulk Ltd. manages the Company's operations. The Company also owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal and grains, and minor bulks, such as bauxite, phosphate and fertilizers. The Company has a fleet of 12 vessels, including Kamsarmax drybulk carrier, Panamax drybulk carriers and Handymax drybulk carrier, Intermediate containerships, Handysize containerships, and Feeder containerships. The Company’s five drybulk carriers have a total cargo capacity of 351,272 deadweight tons (dwt), and its seven containerships have a cargo capacity of 11,828 twenty-foot equivalent units (teu).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Capital Link Releases Q4 2025 Shipping Insights Report Featuring Key Industry Perspectives
- Industry Insights Compilation: Capital Link's Q4 2025 Shipping Insights report compiles exclusive interviews with executives from the container, dry bulk, LNG, LPG, and tanker sectors, offering in-depth analyses of key industry themes that help investors navigate market dynamics.
- Regulatory and Decarbonization Focus: The report discusses regulatory updates and decarbonization efforts within the industry, highlighting their significant impact on shipping companies' capital allocation and shareholder value enhancement, reflecting the industry's commitment to sustainability.
- Global Trade Trends: By analyzing global trade trends, the report reveals how shipping companies are adjusting their strategies in a rapidly changing market environment to address future challenges and opportunities, thereby strengthening their competitive position.
- Executive Insights Sharing: The report features insights from executives of notable companies, including Capital Clean Energy Carriers Corp. and Dynagas LNG Partners LP, providing forward-looking perspectives on the future of the shipping market to aid investors in making informed decisions.
See More
Scorpio Tankers Inc. Kicks Off Online Corporate Presentation Series on January 14, 2026
- Online Presentation Launch: Scorpio Tankers Inc. will kick off its online corporate presentation series on January 14, 2026, at 10:00 AM ET, showcasing its business development and strategy, which is expected to attract investor interest.
- Industry Participation: The event will feature senior management from multiple publicly listed maritime companies, providing in-depth analysis of industry outlook and growth potential, thereby enhancing market confidence in the maritime sector.
- Interactive Q&A Session: Each session will include a 45-minute company slide presentation followed by a live Q&A, fostering interaction with investors and improving company transparency and investor relations.
- Subsequent Event Schedule: The presentation series will continue for several weeks, covering speeches from various maritime companies, which is anticipated to provide a platform for participating companies to enhance their market visibility and investment appeal.
See More
EuroDry Focuses on Mid-Sized Dry Bulk Market with Manageable Order Book Levels
- Market Dynamics Analysis: Mr. Pittas of EuroDry emphasized the company's focus on the mid-sized dry bulk market, avoiding smaller Handysize and larger Capesize vessels, aiming to enhance competitiveness through precise market positioning.
- Financial Leverage Strategy: Mr. Pittas mentioned a target loan-to-value ratio of 50% to ensure resilience during downturns while enhancing equity returns, reflecting a cautious approach to market volatility.
- Order Book Management: Mr. Pittas pointed out that order book levels for Kamsarmax and Ultramax stand at 14% and 11.5%, respectively, aligning with historical norms and indicating long-term stability in the industry.
- Shifts in Chinese Demand: Mr. Norton noted that Chinese steel exports and power demand from AI data centers are driving long-haul shipping demand for iron ore and coal, indicating a market shift favorable to dry bulk transportation.
See More
Euroseas Secures New Charters for Three Vessels, Projected EBITDA of $75 Million
- New Charter Contracts: Euroseas has signed charter contracts for three modern 2,800 teu container vessels with a top-tier charterer for a period of 35 to 37 months at a gross daily rate of $30,000, reflecting strong demand in the container shipping market.
- Increased Revenue Visibility: The new charters are expected to commence in the first, second, and third quarters of 2026, projected to generate approximately $75 million in EBITDA over the minimum contracted period, significantly enhancing the company's revenue visibility for the coming years.
- Enhanced Market Competitiveness: By securing these charters, Euroseas increases its charter coverage to approximately 82.5%, 66.5%, and 42% for 2026, 2027, and 2028 respectively, bolstering its competitive position amid global uncertainties.
- Strategic Growth Opportunities: The successful signing of these charters allows the company to focus on evaluating further growth opportunities, ensuring stable cash flow and profitability in the coming years.
See More
Euroseas Secures New Charters for Three Vessels, Projecting $75 Million EBITDA
- New Charter Contracts: Euroseas has signed new charter contracts for three modern 2,800 teu container vessels with a top-tier charterer for 35 to 37 months at a gross daily rate of $30,000, reflecting strong demand in the container shipping market.
- Increased Revenue Visibility: The new charters are expected to generate approximately $75 million in EBITDA over the minimum contracted period, significantly enhancing the company's revenue and earnings visibility for the coming years, supporting its strategic growth.
- Enhanced Market Coverage: With these new charters, Euroseas will achieve charter coverage rates of approximately 82.5%, 66.5%, and 42% for 2026, 2027, and 2028 respectively, providing stable cash flow and competitive positioning in the market.
- Growth Opportunity Potential: The successful signing of these charters allows Euroseas to focus on evaluating further growth opportunities, strengthening its position in the global container shipping market.
See More
Hidden Gems: 5 Ultra-Low PE Stocks That the Market Is Overlooking
Market Perception of Low PE Stocks: Stocks trading at ultra-low price-to-earnings (PE) ratios, particularly those below 5 times earnings, are often mispriced by the market, which tends to overlook their potential for recovery and higher risk-adjusted returns.
Investment Challenges: Investing in ultra-low PE stocks requires distinguishing between value traps and temporarily mispriced assets, as these stocks can experience significant volatility and underperformance before realizing their true value.
Examples of Mispriced Stocks: Several companies, including Euroseas Limited, Vasta Platform, Western Union, Cadeler, and Korea Electric Power, are highlighted as trading at low PE ratios despite strong fundamentals, suggesting potential for substantial returns if investors can withstand interim volatility.
Strategy for Success: Successful ultra-low PE investing demands patience, discipline, and the ability to act against market fear, with research indicating that combining value and momentum strategies can enhance returns while reducing the duration of underperformance.
See More
Capital Link Releases Q4 2025 Shipping Insights Report Featuring Key Industry Perspectives
- Industry Insights Compilation: Capital Link's Q4 2025 Shipping Insights report compiles exclusive interviews with executives from the container, dry bulk, LNG, LPG, and tanker sectors, offering in-depth analyses of key industry themes that help investors navigate market dynamics.
- Regulatory and Decarbonization Focus: The report discusses regulatory updates and decarbonization efforts within the industry, highlighting their significant impact on shipping companies' capital allocation and shareholder value enhancement, reflecting the industry's commitment to sustainability.
- Global Trade Trends: By analyzing global trade trends, the report reveals how shipping companies are adjusting their strategies in a rapidly changing market environment to address future challenges and opportunities, thereby strengthening their competitive position.
- Executive Insights Sharing: The report features insights from executives of notable companies, including Capital Clean Energy Carriers Corp. and Dynagas LNG Partners LP, providing forward-looking perspectives on the future of the shipping market to aid investors in making informed decisions.
See More
Scorpio Tankers Inc. Kicks Off Online Corporate Presentation Series on January 14, 2026
- Online Presentation Launch: Scorpio Tankers Inc. will kick off its online corporate presentation series on January 14, 2026, at 10:00 AM ET, showcasing its business development and strategy, which is expected to attract investor interest.
- Industry Participation: The event will feature senior management from multiple publicly listed maritime companies, providing in-depth analysis of industry outlook and growth potential, thereby enhancing market confidence in the maritime sector.
- Interactive Q&A Session: Each session will include a 45-minute company slide presentation followed by a live Q&A, fostering interaction with investors and improving company transparency and investor relations.
- Subsequent Event Schedule: The presentation series will continue for several weeks, covering speeches from various maritime companies, which is anticipated to provide a platform for participating companies to enhance their market visibility and investment appeal.
See More
EuroDry Focuses on Mid-Sized Dry Bulk Market with Manageable Order Book Levels
- Market Dynamics Analysis: Mr. Pittas of EuroDry emphasized the company's focus on the mid-sized dry bulk market, avoiding smaller Handysize and larger Capesize vessels, aiming to enhance competitiveness through precise market positioning.
- Financial Leverage Strategy: Mr. Pittas mentioned a target loan-to-value ratio of 50% to ensure resilience during downturns while enhancing equity returns, reflecting a cautious approach to market volatility.
- Order Book Management: Mr. Pittas pointed out that order book levels for Kamsarmax and Ultramax stand at 14% and 11.5%, respectively, aligning with historical norms and indicating long-term stability in the industry.
- Shifts in Chinese Demand: Mr. Norton noted that Chinese steel exports and power demand from AI data centers are driving long-haul shipping demand for iron ore and coal, indicating a market shift favorable to dry bulk transportation.
See More
Euroseas Secures New Charters for Three Vessels, Projected EBITDA of $75 Million
- New Charter Contracts: Euroseas has signed charter contracts for three modern 2,800 teu container vessels with a top-tier charterer for a period of 35 to 37 months at a gross daily rate of $30,000, reflecting strong demand in the container shipping market.
- Increased Revenue Visibility: The new charters are expected to commence in the first, second, and third quarters of 2026, projected to generate approximately $75 million in EBITDA over the minimum contracted period, significantly enhancing the company's revenue visibility for the coming years.
- Enhanced Market Competitiveness: By securing these charters, Euroseas increases its charter coverage to approximately 82.5%, 66.5%, and 42% for 2026, 2027, and 2028 respectively, bolstering its competitive position amid global uncertainties.
- Strategic Growth Opportunities: The successful signing of these charters allows the company to focus on evaluating further growth opportunities, ensuring stable cash flow and profitability in the coming years.
See More
Euroseas Secures New Charters for Three Vessels, Projecting $75 Million EBITDA
- New Charter Contracts: Euroseas has signed new charter contracts for three modern 2,800 teu container vessels with a top-tier charterer for 35 to 37 months at a gross daily rate of $30,000, reflecting strong demand in the container shipping market.
- Increased Revenue Visibility: The new charters are expected to generate approximately $75 million in EBITDA over the minimum contracted period, significantly enhancing the company's revenue and earnings visibility for the coming years, supporting its strategic growth.
- Enhanced Market Coverage: With these new charters, Euroseas will achieve charter coverage rates of approximately 82.5%, 66.5%, and 42% for 2026, 2027, and 2028 respectively, providing stable cash flow and competitive positioning in the market.
- Growth Opportunity Potential: The successful signing of these charters allows Euroseas to focus on evaluating further growth opportunities, strengthening its position in the global container shipping market.
See More
Hidden Gems: 5 Ultra-Low PE Stocks That the Market Is Overlooking
Market Perception of Low PE Stocks: Stocks trading at ultra-low price-to-earnings (PE) ratios, particularly those below 5 times earnings, are often mispriced by the market, which tends to overlook their potential for recovery and higher risk-adjusted returns.
Investment Challenges: Investing in ultra-low PE stocks requires distinguishing between value traps and temporarily mispriced assets, as these stocks can experience significant volatility and underperformance before realizing their true value.
Examples of Mispriced Stocks: Several companies, including Euroseas Limited, Vasta Platform, Western Union, Cadeler, and Korea Electric Power, are highlighted as trading at low PE ratios despite strong fundamentals, suggesting potential for substantial returns if investors can withstand interim volatility.
Strategy for Success: Successful ultra-low PE investing demands patience, discipline, and the ability to act against market fear, with research indicating that combining value and momentum strategies can enhance returns while reducing the duration of underperformance.
See More
