Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes primarily, including manufactured products and perishables. As of April 15, 2020, its fleet consisted of 19 containerships. The company was founded in 2005 and is based in Maroussi, Greece.
IPO Year:
Exchange: NASDAQ
Website: euroseas.gr
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/9/2024 | $60.00 | Buy | Alliance Global Partners |
| 12/31/2021 | $48.00 → $50.00 | Buy | Maxim Group |
| 6/25/2021 | $28.00 → $38.00 | Buy | Maxim Group |
6-K - EUROSEAS LTD. (0001341170) (Filer)
6-K - EUROSEAS LTD. (0001341170) (Filer)
6-K - EUROSEAS LTD. (0001341170) (Filer)
6-K - EUROSEAS LTD. (0001341170) (Filer)
6-K - EUROSEAS LTD. (0001341170) (Filer)
6-K - EUROSEAS LTD. (0001341170) (Filer)
6-K - EUROSEAS LTD. (0001341170) (Filer)
6-K - EUROSEAS LTD. (0001341170) (Filer)
6-K - EUROSEAS LTD. (0001341170) (Filer)
6-K - EUROSEAS LTD. (0001341170) (Filer)
SC 13D/A - EUROSEAS LTD. (0001341170) (Subject)
SC 13D/A - EUROSEAS LTD. (0001341170) (Subject)
CHICAGO, IL / ACCESSWIRE / May 3, 2022 / Cosmos Holdings, Inc. ("the Company") (NASDAQ:COSM), an international pharmaceutical company with a proprietary line of nutraceuticals and distributor of branded and generic pharmaceuticals, nutraceuticals, OTC medications and medical devices, today announced it has appointed finance veteran Dr. Anastasios Aslidis to the Board of Directors and as a member of the Board's audit committee.Dr. Anastasios Aslidis currently serves as the Chief Financial Officer and Treasurer, as well as a member of the Board of Directors of EuroDry (EDRY) since 2018. He is Chief Financial Officer, Treasurer and a member of the Board of Directors of Euroseas (NASDAQ:ESEA) si
ATHENS, Greece, Nov. 20, 2024 (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 its results for the three and nine-month periods ended September 30, 2024. Third Quarter 2024 Financial Highlights: Total net revenues of $54.1 million. Net income of $27.6 million or $3.97 and $3.95 earnings per share basic and diluted, respectively. Adjusted net income1 for the period was $27.4 million or $3.94 and $3.92 per share basic and diluted. Adjusted EBITDA1 was $36.1 million.An average of 23.0 vessels were owned and op
ATHENS, Greece, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ:ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it will release its financial results for the third quarter ended September 30, 2024, on Wednesday, November 20, 2024 after market closes in New York. On the next day, Thursday, November 21, 2024 at 8:30 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) o
ATHENS, Greece, Nov. 11, 2024 (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 contracts for its 2001-built 2,556 teu feeder containerships, EM Corfu and Evridiki G, in direct continuation of their existing charters. Specifically: EM Corfu has been fixed for a minimum period of 18 months and a maximum period of 20 months at the option of the charterer at a gross daily rate of $28,000 per day.Evridiki G has been fixed for a minimum period of 14 months and a maximum period of 16 months at the option of the chart
ATHENS, Greece, Oct. 21, 2024 (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 contracts for three fuel efficient 2,800 teu feeder containerships. All three charters are for a minimum period of 34 months and a maximum period of 36 months at the option of the charter at a gross rate of $32,000 per day. Specifically: M/V Tender Soul, which was delivered earlier this year, will commence its charter after the completion of her present charter in early December 2024. M/V Dear Panel and M/V Symeo
ATHENS, Greece, Oct. 07, 2024 (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 time charter contract for its 1,732 teu feeder containership, M/V Jonathan P, for a minimum period of 11 to a maximum period of 13 months at the option of the charterer, at a gross daily rate of $20,000. The new charter will commence after the completion of her scheduled intermediate survey, expected around mid-to-end of October 2024. Aristides Pittas, Chairman and CEO of Euroseas commented: "We are pleased to announce that our 18-year-old M/V Jon
ATHENS, Greece, Sept. 23, 2024 (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 time charter contract for its 4,250 teu intermediate containership, M/V Synergy Busan, for a minimum period of 36 to a maximum period of 38 months at the option of the charterer, at a gross daily rate of $35,500. The new charter will commence in early December 2024, in direct continuation of its existing charter. Aristides Pittas, Chairman and CEO of Euroseas commented: "We are very pleased to announce that M/V Synergy Busan has extended its char
ATHENS, Greece, Sept. 23, 2024 (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 its CFO, Dr. Tasos Aslidis, will present at Noble Capital Markets' Basic Industries Emerging Growth Virtual Equity Conference on Wednesday, September 25, 2024 at 3:00pm Eastern Daylight Time. The broadcasted formal presentation will feature a fireside style Q&A session with questions welcome from the virtual audience. Additionally, scheduled one-on-one meetings with Dr. Aslidis and other company executives are also available for registered, qua
Tuesday, September 10, 2024 at the BMA House in London, UK NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- The 16th Annual Capital Link Shipping & Marine Services Forum will take place on Tuesday, September 10, 2024 from 8:00 AM to 5:30 PM at the BMA House in London. ABS is the Lead Sponsor of the Forum. This event aims to provide investors and industry participants with a comprehensive review and current outlook of the various shipping markets and in addition, cover topics of critical interest to industry participants, financiers and investors. 1x1 MEETINGS FOR INSTITUTIONAL INVESTORSMeetings are available only between institutional investors and company management. Please send all reques
ATHENS, Greece, Aug. 06, 2024 (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 its results for the three- and six-month periods ended June 30, 2024. Second Quarter 2024 Financial Highlights: Total net revenues of $58.7 million. Net income of $40.7 million or $5.89 and $5.84 earnings per share basic and diluted, respectively. Adjusted net income1 for the period was $34.3 million or $4.95 and $4.92 per share basic and diluted. Adjusted EBITDA1 was $42.3 million.An average of 21.26 vessels were owned and operated during the seco
ATHENS, Greece, July 31, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ:ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it will release its financial results for the second quarter ended June 30, 2024, on August 6, 2024 before market opens in New York. Later on, the same day, Tuesday, August 6, 2024 at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 201 6
ATHENS, Greece, Nov. 20, 2024 (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 its results for the three and nine-month periods ended September 30, 2024. Third Quarter 2024 Financial Highlights: Total net revenues of $54.1 million. Net income of $27.6 million or $3.97 and $3.95 earnings per share basic and diluted, respectively. Adjusted net income1 for the period was $27.4 million or $3.94 and $3.92 per share basic and diluted. Adjusted EBITDA1 was $36.1 million.An average of 23.0 vessels were owned and op
ATHENS, Greece, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ:ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it will release its financial results for the third quarter ended September 30, 2024, on Wednesday, November 20, 2024 after market closes in New York. On the next day, Thursday, November 21, 2024 at 8:30 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) o
ATHENS, Greece, Aug. 06, 2024 (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 its results for the three- and six-month periods ended June 30, 2024. Second Quarter 2024 Financial Highlights: Total net revenues of $58.7 million. Net income of $40.7 million or $5.89 and $5.84 earnings per share basic and diluted, respectively. Adjusted net income1 for the period was $34.3 million or $4.95 and $4.92 per share basic and diluted. Adjusted EBITDA1 was $42.3 million.An average of 21.26 vessels were owned and operated during the seco
ATHENS, Greece, July 31, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ:ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it will release its financial results for the second quarter ended June 30, 2024, on August 6, 2024 before market opens in New York. Later on, the same day, Tuesday, August 6, 2024 at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 201 6
ATHENS, Greece, May 23, 2024 (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 its results for the three-month period ended March 31, 2024 and declared a common stock dividend. First Quarter 2024 Financial Highlights: Total net revenues of $46.7 million. Net income of $20.0 million or $2.89 and $2.87 earnings per share basic and diluted, respectively. Adjusted net income1 for the period was $18.5 million or $2.67 and $2.66 per share basic and diluted. Adjusted EBITDA1 was $24.6 million. An average of 19.6 vessels were owned an
ATHENS, Greece, May 20, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ:ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it will release its financial results for the first quarter ended March 31, 2024, on Thursday, May 23, 2024 before market opens in New York. Later on the same day, Thursday, May 23, 2024 at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 201
ATHENS, Greece, Feb. 21, 2024 (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, reported the following results for the three-month period and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights: Total net revenues of $49.1 million. Net income of $24.7 million or $3.58 and $3.56 earnings per share basic and diluted, respectively. Adjusted net income1 for the period was $25.0 million or $3.62 and $3.61 per share basic and diluted.An average of 19.0 vessels were owned and operated during the fourth quarter of 2023 earning
ATHENS, Greece, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ:ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it will release its financial results for the fourth quarter ended December 31, 2023, on February 21, 2024 before market opens in New York. On the same day, Wednesday, February 21, 2024 at 9:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 201 6
ATHENS, Greece, Jan. 11, 2024 (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 it has entered into a time charter contract for M/V TENDER SOUL, a newbuilding fuel-efficient 2,800 teu feeder containership currently under construction, for a minimum period of eight to a maximum period of ten months at the option of the charterer, at a gross daily rate of $17,000. The new charter will commence within February 2024, upon delivery of the vessel from the shipyard. Aristides Pittas, Chairman and CEO of Euroseas commented: "We are p
ATHENS, Greece, Nov. 09, 2023 (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 its results for the three and nine-month periods ended September 30, 2023. Third Quarter 2023 Financial Highlights: Total net revenues of $50.7 million. Net income of $32.2 million or $4.67 and $4.65 earnings per share basic and diluted, respectively. Adjusted net income1 for the period was $28.2 million or $4.08 and $4.07 per share basic and diluted. Adjusted EBITDA1 was $34.5 million.An average of 19.0 vessels were owned and operated duri
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 1,740 feeder containership, EM Spetses, for a minimum period of 18 to a maximum period of 20 months at the option of the charterer, at a gross daily rate of $18,100. The charter for EM Spetses will commence in early August 2024, upon the completion of its current charter.
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 it has entered into a time charter contract for M/V Pepi Star, a newbuilding fuel efficient 1,800 teu feeder containership currently under construction, for a minimum period of 23 to a maximum period of 25 months at the option of the charterer, at a gross daily rate of $24,250. The new charter will commence upon delivery of the vessel from the shipyard expected to take place on or about July 19, 2024. The acquisition was financed with a combination of debt and equity.
Noble Capital Markets analyst Poe Fratt maintains Euroseas (NASDAQ:ESEA) with a Outperform and raises the price target from $49 to $53.
Euroseas (NASDAQ:ESEA) reported quarterly earnings of $2.66 per share which missed the analyst consensus estimate of $2.89 by 7.96 percent. This is a 13.92 percent decrease over earnings of $3.09 per share from the same period last year. The company reported quarterly sales of $46.700 million which beat the analyst consensus estimate of $46.313 million by 0.84 percent. This is a 11.36 percent increase over sales of $41.937 million the same period last year.
Euroseas (NASDAQ:ESEA) reported quarterly earnings of $2.87 per share which missed the analyst consensus estimate of $2.89 by 0.69 percent. The company reported quarterly sales of $46.70 million which beat the analyst consensus estimate of $46.31 million by 0.84 percent. This is a 11.36 percent increase over sales of $41.94 million the same period last year.
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 it has entered into a time charter contract for M/V Monica, a newbuilding fuel efficient 1,800 teu feeder containership currently under construction, for a minimum period of 10 to a maximum period of 12 months at the option of the charterer, at a gross daily rate of $16,000. The new charter will commence upon delivery of the vessel from the shipyard expected around mid-May 2024. The acquisition was financed with a combination of own funds and a US$22.5 million loan provided by the National Bank of F
Alliance Global Partners initiated coverage of Euroseas with a rating of Buy and set a new price target of $60.00
Maxim Group reiterated coverage of Euroseas with a rating of Buy and set a new price target of $50.00 from $48.00 previously
Maxim Group reiterated coverage of Euroseas with a rating of Buy and set a new price target of $38.00 from $28.00 previously
Noble Capital Markets upgraded Euroseas from Market Perform to Outperform and set a new price target of $21.50
Noble Capital Markets upgraded Euroseas from Market Perform to Outperform
Noble Capital Markets downgraded Euroseas from Outperform to Market Perform