ESEA · NASDAQ · Marine Shipping

Euroseas (ESEA)

Owns containerships for charter employment across international shipping markets.

$74.45
vs last close−0.74 (−0.98%)
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Euroseas Ltd.ESEA
Industrials

Owns and operates a container-only fleet of feeder and intermediate vessels. Revenue comes from spot, period-charter, and pool employment, while affiliate Eurobulk handles daily commercial and technical management.

Owns feeder and intermediate containerships through individual vessel subsidiaries. Its single reportable business is operating container carriers, earning shipping revenue through spot, period-charter, and pool arrangements.

Eurobulk, an affiliated manager, handles the fleet’s commercial and technical operations, including crew supervision, insurance, maintenance, drydocking, charter opportunities, and certain accounting services. Management’s operating model emphasizes vessel utilization, maintenance control, and disciplined fleet renewal.

Operations depend on charter employment, Eurobulk’s affiliated services, vessel financing and availability, and conditions in container shipping. The fleet was narrowed to container carriers through the EuroDry separation, while Euroholdings received subsidiaries holding certain older vessels.

Company facts

CEOAristides J. Pittas
ListedJan 31, 2007
ExchangeNASDAQ
HeadquartersMarousi, Greece
CountryGreece
Employees365
CIK0001341170
ISINMHY235921357

Market cap$530.5M
EPS (ttm)$19.43
P/E (ttm)3.87
ROE28.6%
P/B1.02
P/S2.34
Dividend yieldDiv yield4.06%
Beta1.23vs XLI −0.01

No analyst consensus on record.

Next report
Nov 17, 26
in 56 days
EPS estimate
$4.40
Revenue estimate
$56.8M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Jun '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$3.33$5.29$4.29$4.23$4.48$4.70$4.70Pending
Estimate$3.66$3.35$3.87$4.40$4.47$4.29$4.09$4.40
Surprise−9.0%+57.9%+10.9%−3.9%+0.2%+9.6%+14.9%

RevenueReportedEstimate

Feb '25Jun '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$53.3M$56.3M$57.2M$56.9M$57.4M$55.8M$56.5MPending
Estimate$52.6M$54.7M$55.5M$57.8M$57.8M$56.6M$56.0M$56.8M
Surprise+1.3%+3.0%+3.1%−1.6%−0.7%−1.4%+0.9%
Estimate$4.40
ReportedDue Nov 17, 2026
Estimate$56.8M
ReportedDue Nov 17, 2026
View details

Debt to equity39.80%
Current ratio545.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$54.1M$53.3M$56.3M$57.2M$56.9M$57.4M$55.8M$56.5M
Net income$27.6M$24.4M$36.9M$29.9M$29.7M$40.5M$32.5M$33.2M
Net margin51.0%45.8%65.5%52.2%52.2%70.6%58.2%58.8%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$30.7M$26.6M$40.5M$33.4M$32.5M$33.9M$34.0M$34.0M
YoY growth−7.8%−3.8%+98.5%−21.2%+6.0%+27.4%−15.9%+2.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $196.9M · Total debt $206.5M · Total assets $752.9M · Shareholders' equity $518.9M

Revenue
$56.5M
Operating income
$34.0M
Net income
$33.2M
View details

Dividend yield
4.06%
Next ex-date
Dec 9, 26
estimated · in 78 days
Annual dividend
$3.05
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jul '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.60$0.65$0.65$0.70$0.70$0.75$0.80$0.80
Annual yield7.88%9.27%5.33%4.18%4.59%4.23%4.40%4.14%
Ex-dateDec 9Mar 11Jul 9Sep 9Dec 9Mar 10Jun 9Sep 9
Payment dateDec 17Mar 18Jul 16Sep 16Dec 16Mar 17Jun 16Sep 16
View details

Institutions8.91%628.4K ADS
58 holders · as of Jun 30, 2026
Insiders21.23%1.50M ADS
7 holders · as of Sep 3, 2026
Strategic holders4.98%351.3K ADS
1 holder · as of Feb 3, 2021
Other64.88%4.58M ADS
remainder

7.06M ADS as of Aug 30, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2022 annual report; nothing newer is on file here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Aristeidis J. PittasInsiderdirector, officer: Chief Executive Officer
18.51%1.31M ordinaryfiled Mar 18, 2026
BlackRock, Inc. (TIN: 23-0174431)Strategic
4.98%351,309filed Feb 3, 2021
Aristeidis P. PittasInsiderdirector
1.15%81,323 ordinaryfiled Aug 28, 2026
Acadian Asset Management LLCInstitution
1.12%79,313 ADSas of Jun 30, 2026
Two Sigma Investments, LPInstitution
0.96%67,592 ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 1, 2026Symeon Pariarosofficer: Chief Administrative Officer−950$79.00
Aug 27, 2026Aristeidis P. Pittasdirector+375$75.86
Jun 11, 2026Aristeidis P. Pittasdirector+250$67.18
Apr 16, 2026Stefania Karmiriofficer: Corporate Secretary−250$72.00
Apr 14, 2026Anastasios Aslidisdirector, officer: Chief Financial Officer+1,000$70.82
View details

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Compare

CompanyPriceChange
Euroseas$74.45−0.98%$530.5M3.94.62.3−1.3%
Danaos$156.65−1.85%$2.91B5.45.72.8+4.7%
Costamare$14.79−1.99%$1.82B5.75.92.2−12.3%
Global Ship Lease$44.53−2.33%$1.64B4.44.72.1+3.6%
Median5.45.72.2+3.6%