Euroseas(ESEA)

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Best Income Stocks to Buy for May 5th
ZACKS· 2025-05-05 09:35
Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 5th:Euroseas Ltd. (ESEA) : This ocean-going transportation services company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8% over the last 60 days.This Zacks Rank #1 company has a dividend yield of 8%, compared with the industry average of 2.5%.NatWest Group plc (NWG) : This banking and financial services company has a Zacks Rank #1 and witnessed the Zacks Consensu ...
Live Webinar on the Container Shipping Sector with Senior Executives from Publicly Listed Companies: Thursday, April 24, 2025, at 11 a.m. ET
Newsfilter· 2025-04-16 13:00
Industry Overview - A live webinar on the container shipping sector will be hosted by Capital Link on April 24, 2025, at 11 a.m. Eastern Time, as part of their Shipping Sector Webinar Series [1][3] - The discussion will cover market trends, supply and demand patterns, geopolitical challenges, tariff policies, and environmental regulations affecting the container shipping sector [3] Webinar Structure - The webinar will last for one hour, consisting of a 45-minute roundtable discussion followed by a 15-minute Q&A session [4] - Participants can submit questions through the event page or via email [5] Company Profiles Euroseas Ltd. - Euroseas Ltd. was established on May 5, 2005, and operates in the container shipping market with a fleet of 22 vessels, including 15 Feeder and 7 Intermediate containerships, with a total cargo capacity of 67,494 TEU [6][8] - The fleet is expected to grow to 24 vessels with a total capacity of 76,094 TEU after the delivery of two newbuildings in 2027 [8] Global Ship Lease - Global Ship Lease, incorporated in the Marshall Islands, owns a fleet of 71 vessels with an average age of 17.6 years as of December 31, 2024 [9][10] - The company has contracted revenue of $1.88 billion, with an average remaining charter term of 2.3 years on a TEU-weighted basis [12] MPC Container Ships ASA - MPC Container Ships ASA focuses on small to mid-size container ships and operates on fixed-rate charters [13]
Euroseas Ltd. Announces 2-year Charter Contract for its Feeder Containership, M/V Monica
Globenewswire· 2025-04-07 20:05
ATHENS, Greece, April 07, 2025 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today a new time charter contract for its 1,800 teu feeder containership, M/V Monica for a minimum period of 24 to a maximum period of 26 months, at the option of the charterer, at a gross daily rate of $23,500. The new charter period is expected to commence around the end ...
Riding The Waves: Euroseas And The Rollercoaster Of Container Ship Leasing
Seeking Alpha· 2025-03-26 13:40
The shipping industry has had the ride of its life over the last few years, but that ride has to end sometime. With that in mind, I am going to attempt to value Euroseas (NASDAQ:I am an ex-poker player and ex Mathematics teacher. I got lucky with some early investments but fell in love with researching and valuing companies, I have been lucky enough to be able to do that fulltime since 2016Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but ...
Euroseas Ltd. Announces a 3-year Charter Contract Extension for its Intermediate Containership, M/V Rena P and the Successful Completion of its Spin-off EuroHoldings Ltd.
Globenewswire· 2025-03-18 20:05
ATHENS, Greece, March 18, 2025 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today new time charter contract for its 4,250 teu intermediate containership, M/V Rena P for a minimum period of 35 to a maximum period of 37 months, at the option of the charterer, at a gross daily rate of $35,500, in direct continuation of its present charter. The new cha ...
Euroseas Ltd. Announces Dates for Effectiveness of the Registration Statement and Approval for Listing on the NASDAQ Capital Market of its Spin-Off, Euroholdings Ltd.
Globenewswire· 2025-03-06 13:30
ATHENS, Greece, March 06, 2025 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it has requested that the registration statement on Form 20-F of Euroholdings Ltd. (“Euroholdings”) be declared effective by the Securities and Exchange Commission on or around March 6, 2025. The Company also announced that the application of Euroholdings Ltd. fo ...
Does Euroseas (ESEA) Have the Potential to Rally 80.67% as Wall Street Analysts Expect?
ZACKS· 2025-02-28 15:55
Euroseas Ltd. (ESEA) closed the last trading session at $33.58, gaining 7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $60.67 indicates an 80.7% upside potential.The mean estimate comprises three short-term price targets with a standard deviation of $4.04. While the lowest estimate of $57 indicates a 69.7% increase from the current price level, the most optimistic analyst expec ...
Euroseas(ESEA) - 2024 Q4 - Earnings Call Transcript
2025-02-27 19:14
Euroseas Ltd. (NASDAQ:ESEA) Q4 2024 Earnings Conference Call February 27, 2025 8:00 AM ET Company Participants Aristides Pittas - Chairman & Chief Executive Officer Tasos Aslidis - Chief Financial Officer Conference Call Participants Mark Reichman - Noble Capital Markets Poe Fratt - Alliance Global Partners Operator Thank you for standing by, ladies and gentlemen, and welcome to the Euroseas Conference Call on the Fourth Quarter 2024 Financial Results. We have with us Mr. . Aristides Pittas, Chairman and Ch ...
Euroseas(ESEA) - 2024 Q4 - Earnings Call Presentation
2025-02-27 14:13
February 27, 2025 1 Earnings Presentation Quarter Ended December 31, 2024 Forward-Looking Statements Statements in this presentation may be "forward-looking statements" within the meaning of federal securities laws. The matters discussed herein that are forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Actual outcomes and results may differ materially from what is expressed or forecasted in su ...
Euroseas Ltd. (ESEA) Lags Q4 Earnings and Revenue Estimates
ZACKS· 2025-02-27 13:55
Core Insights - Euroseas Ltd. reported quarterly earnings of $3.33 per share, missing the Zacks Consensus Estimate of $3.66 per share, and down from $3.61 per share a year ago, representing an earnings surprise of -9.02% [1] - The company posted revenues of $54.95 million for the quarter, missing the Zacks Consensus Estimate by 0.85%, compared to $50.69 million in the same quarter last year [2] - Euroseas shares have declined approximately 6.1% year-to-date, while the S&P 500 has gained 1.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $5.25 on revenues of $57.58 million, and for the current fiscal year, it is $17.27 on revenues of $236.93 million [7] - The estimate revisions trend for Euroseas is currently favorable, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Transportation - Shipping industry, to which Euroseas belongs, is currently ranked in the bottom 31% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Frontline, another company in the same industry, is expected to report a significant year-over-year earnings decline of -56.5% in its upcoming results [9]