Symbols / EDRY Stock $20.99 +0.77% EuroDry Ltd.

Industrials • Marine Shipping • Greece • NCM
EDRY (Stock) Chart
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About

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. As of April 30, 2025, it operated through a fleet of 12 drybulk carriers comprising four Panamax, two Kamsarmax, five Ultramax, and one Supramax drybulk carriers with a total cargo carrying capacity of 843,402 deadweight tons. The company was incorporated in 2018 and is based in Marousi, Greece.

Stock Fundamentals
Scroll to Statements
Market Cap 60.67M Enterprise Value 152.01M Income -4.26M Sales 52.26M Book/sh 32.27 Cash/sh 7.03
Dividend Yield — Payout 0.00% Employees — IPO — P/E — Forward P/E 6.61
PEG — P/S 1.16 P/B 0.65 P/C — EV/EBITDA 12.08 EV/Sales 2.91
Quick Ratio 1.31 Current Ratio 1.53 Debt/Eq 100.36 LT Debt/Eq — EPS (ttm) -1.55 EPS next Y 3.17
EPS Growth — Revenue Growth 19.90% Earnings 2026-06-04 ROA 0.05% ROE -3.64% ROIC —
Gross Margin 36.02% Oper. Margin 26.74% Profit Margin -8.16% Shs Outstand 2.89M Shs Float 1.28M Short Float 0.47%
Short Ratio 0.16 Short Interest — 52W High 23.98 52W Low 7.60 Beta 0.89 Avg Volume 28.79K
Volume 13.97K Target Price $29.33 Recom None Prev Close $20.83 Price $20.99 Change 0.77%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$29.33
Mean price target
2. Current target
$20.99
Latest analyst target
3. DCF / Fair value
$61.40
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$20.99
Low
$25.00
High
$34.00
Mean
$29.33

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2023-11-28 init Alliance Global Partners — → Buy $30
2023-02-14 main Maxim Group — → Buy $30
2018-06-27 init Noble Capital Markets — → Buy $12
News
RSS: Latest EDRY news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Revenue
61.08
+28.35%
47.59
-32.19%
70.18
+8.91%
64.44
Operating Revenue
64.79
+28.46%
50.43
-32.37%
74.57
+8.85%
68.51
Cost Of Revenue
54.15
+38.42%
39.12
+18.98%
32.88
+59.91%
20.56
Reconciled Cost Of Revenue
54.15
+38.42%
39.12
+18.98%
32.88
+59.91%
20.56
Gross Profit
6.93
-18.16%
8.47
-77.29%
37.30
-14.99%
43.88
Operating Expense
10.43
+44.04%
7.24
+19.88%
6.04
+21.08%
4.99
Selling General And Administration
3.27
-5.46%
3.46
+12.61%
3.07
+16.46%
2.64
General And Administrative Expense
3.27
-5.46%
3.46
+12.61%
3.07
+16.46%
2.64
Other Gand A
3.27
-5.46%
3.46
+12.61%
3.07
+16.46%
2.64
Other Operating Expenses
7.16
+89.33%
3.78
+27.40%
2.97
+26.26%
2.35
Total Expenses
64.58
+39.29%
46.36
+19.12%
38.92
+52.33%
25.55
Operating Income
-3.50
-384.99%
1.23
-96.07%
31.26
-19.62%
38.89
Total Operating Income As Reported
-6.30
-675.70%
1.09
-96.79%
34.12
-12.27%
38.89
EBITDA
8.32
-41.31%
14.17
-70.57%
48.15
+17.02%
41.15
Normalized EBITDA
10.48
-19.94%
13.09
-68.88%
42.06
-9.65%
46.56
Reconciled Depreciation
13.88
+26.55%
10.97
+1.95%
10.76
+40.49%
7.66
EBIT
-5.56
-273.57%
3.20
-91.43%
37.40
+11.65%
33.49
Total Unusual Items
-2.16
-300.77%
1.08
-82.29%
6.09
+212.61%
-5.41
Total Unusual Items Excluding Goodwill
-2.16
-300.77%
1.08
-82.29%
6.09
+212.61%
-5.41
Special Income Charges
-2.80
-1982.45%
-0.13
-104.70%
2.86
+273.37%
-1.65
Other Special Charges
—
—
—
1.65
Write Off
2.80
+1982.45%
0.13
0.00
0.00
Net Income
-12.61
-333.35%
-2.91
-108.67%
33.54
+7.67%
31.15
Pretax Income
-13.52
-311.74%
-3.28
-109.79%
33.54
+7.67%
31.15
Net Non Operating Interest Income Expense
-7.85
-40.50%
-5.59
-46.82%
-3.81
-63.48%
-2.33
Interest Expense Non Operating
7.96
+22.66%
6.49
+68.36%
3.85
+64.73%
2.34
Net Interest Income
-7.85
-40.50%
-5.59
-46.82%
-3.81
-63.48%
-2.33
Interest Expense
7.96
+22.66%
6.49
+68.36%
3.85
+64.73%
2.34
Interest Income Non Operating
0.10
-88.47%
0.90
+1838.78%
0.05
+341.61%
0.01
Interest Income
0.10
-88.47%
0.90
+1838.78%
0.05
+341.61%
0.01
Other Income Expense
-2.16
-300.77%
1.08
-82.29%
6.09
+212.61%
-5.41
Gain On Sale Of Security
0.63
-47.90%
1.21
-62.49%
3.23
+185.98%
-3.76
Tax Rate For Calcs
0.00
0.00
-100.00%
0.00
-8.33%
0.00
Tax Effect Of Unusual Items
0.00
0.00
-100.00%
1.34
+203.22%
-1.30
Net Income Including Noncontrolling Interests
-13.52
-311.74%
-3.28
-109.79%
33.54
+7.67%
31.15
Net Income From Continuing Operation Net Minority Interest
-12.61
-333.35%
-2.91
-108.67%
33.54
+7.67%
31.15
Net Income From Continuing And Discontinued Operation
-12.61
-333.35%
-2.91
-108.67%
33.54
+7.67%
31.15
Net Income Continuous Operations
-13.52
-311.74%
-3.28
-109.79%
33.54
+7.67%
31.15
Minority Interests
0.91
+143.64%
0.37
0.00
0.00
Normalized Income
-10.44
-161.86%
-3.99
-113.85%
28.79
-18.35%
35.26
Net Income Common Stockholders
-12.61
-333.35%
-2.91
-108.67%
33.54
+14.08%
29.40
Diluted EPS
-3.54
-237.14%
-1.05
-109.04%
11.61
—
Basic EPS
-3.54
-237.14%
-1.05
-109.01%
11.66
—
Basic Average Shares
2.73
-1.28%
2.76
-3.94%
2.88
—
Diluted Average Shares
2.73
-1.28%
2.76
-4.39%
2.89
—
Diluted NI Availto Com Stockholders
-12.61
-333.35%
-2.91
-108.67%
33.54
+14.08%
29.40
Gain On Sale Of PPE
0.00
0.00
-100.00%
2.86
0.00
Preferred Stock Dividends
—
—
—
1.75
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
219.74
-4.90%
231.05
+15.81%
199.51
+23.66%
161.33
Current Assets
23.33
-3.71%
24.23
-49.42%
47.89
+57.49%
30.41
Cash Cash Equivalents And Short Term Investments
6.71
-16.13%
8.00
-76.49%
34.04
+26.80%
26.85
Cash And Cash Equivalents
6.71
-16.13%
8.00
-76.49%
34.04
+26.80%
26.85
Receivables
9.55
+7.65%
8.87
-10.52%
9.91
+391.12%
2.02
Accounts Receivable
8.43
+25.11%
6.74
-5.70%
7.15
+822.26%
0.78
Other Receivables
1.11
-47.69%
2.13
+514.70%
0.35
-72.15%
1.24
Inventory
2.10
-49.07%
4.12
+289.32%
1.06
+37.30%
0.77
Prepaid Assets
0.47
+94.96%
0.24
-2.27%
0.25
-20.79%
0.31
Restricted Cash
1.59
-43.26%
2.80
+133.94%
1.20
+160.00%
0.46
Assets Held For Sale Current
2.79
0.00
—
—
Hedging Assets Current
0.12
-38.63%
0.20
-86.32%
1.44
0.00
Total Non Current Assets
196.41
-5.04%
206.83
+36.42%
151.61
+15.80%
130.92
Net PPE
192.65
-5.34%
203.53
+36.58%
149.02
+15.98%
128.49
Gross PPE
247.06
-1.51%
250.84
+35.32%
185.37
+5.54%
175.65
Accumulated Depreciation
-54.41
-15.00%
-47.31
-30.17%
-36.35
+22.92%
-47.15
Construction In Progress
7.19
0.00
—
—
Other Non Current Assets
3.61
+9.39%
3.30
+75.07%
1.89
-15.09%
2.22
Total Liabilities Net Minority Interest
114.14
+2.26%
111.63
+30.46%
85.56
+3.83%
82.41
Current Liabilities
18.76
-26.38%
25.48
-6.32%
27.20
+53.64%
17.71
Payables And Accrued Expenses
6.70
+10.89%
6.05
+51.35%
3.99
+104.53%
1.95
Payables
2.85
-23.49%
3.72
+24.59%
2.99
+171.66%
1.10
Accounts Payable
2.67
-15.20%
3.15
+5.27%
2.99
+249.30%
0.86
Current Accrued Expenses
3.85
+66.08%
2.32
+130.97%
1.00
+17.86%
0.85
Current Debt And Capital Lease Obligation
11.81
-33.67%
17.80
-22.11%
22.86
+63.86%
13.95
Current Debt
11.81
-33.67%
17.80
-22.11%
22.86
+63.86%
13.95
Other Current Borrowings
11.81
-33.67%
17.80
-22.11%
22.86
+63.86%
13.95
Current Deferred Liabilities
0.25
-28.70%
0.35
-1.36%
0.35
-76.78%
1.51
Current Deferred Revenue
0.25
-28.70%
0.35
-1.36%
0.35
-76.78%
1.51
Other Current Liabilities
—
1.29
—
0.29
Total Non Current Liabilities Net Minority Interest
95.38
+10.73%
86.14
+47.60%
58.36
-9.80%
64.70
Long Term Debt And Capital Lease Obligation
95.38
+10.75%
86.12
+47.57%
58.36
-9.80%
64.70
Long Term Debt
95.38
+10.75%
86.12
+47.57%
58.36
-9.80%
64.70
Preferred Securities Outside Stock Equity
—
—
—
0.00
Stockholders Equity
96.74
-11.79%
109.66
-3.76%
113.94
+44.37%
78.92
Common Stock Equity
96.74
-11.79%
109.66
-3.76%
113.94
+44.37%
78.92
Capital Stock
0.03
-0.20%
0.03
-2.42%
0.03
-0.57%
0.03
Common Stock
0.03
-0.20%
0.03
-2.42%
0.03
-0.57%
0.03
Share Issued
2.83
-0.20%
2.83
-2.42%
2.90
-0.57%
2.92
Ordinary Shares Number
2.83
-0.20%
2.83
-2.42%
2.90
-0.57%
2.92
Additional Paid In Capital
67.75
-0.47%
68.07
-1.97%
69.44
+2.17%
67.96
Retained Earnings
28.96
-30.33%
41.56
-6.54%
44.47
+306.87%
10.93
Minority Interest
8.85
-9.33%
9.77
0.00
—
Total Equity Gross Minority Interest
105.59
-11.59%
119.43
+4.82%
113.94
+44.37%
78.92
Total Capitalization
192.12
-1.87%
195.79
+13.63%
172.30
+19.96%
143.63
Working Capital
4.57
+462.60%
-1.26
-106.09%
20.69
+62.86%
12.70
Invested Capital
203.93
-4.52%
213.59
+9.44%
195.16
+23.85%
157.58
Total Debt
107.19
+3.14%
103.93
+27.96%
81.22
+3.26%
78.65
Net Debt
100.48
+4.75%
95.93
+103.34%
47.18
-8.94%
51.81
Net Tangible Assets
96.74
-11.79%
109.66
-3.76%
113.94
+44.37%
78.92
Tangible Book Value
96.74
-11.79%
109.66
-3.76%
113.94
+44.37%
78.92
Derivative Product Liabilities
0.00
-100.00%
0.02
0.00
0.00
Duefrom Related Parties Current
—
0.00
-100.00%
2.42
0.00
Dueto Related Parties Current
0.18
-68.66%
0.58
0.00
-100.00%
0.24
Financial Assets
0.14
0.00
-100.00%
0.71
+236.00%
0.21
Interest Payable
0.98
+11.81%
0.88
+75.29%
0.50
+104.83%
0.24
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow
4.81
-59.25%
11.81
-64.21%
32.99
-15.72%
39.14
Cash Flow From Continuing Operating Activities
4.81
-59.25%
11.81
-64.21%
32.99
-15.72%
39.14
Net Income From Continuing Operations
-13.52
-311.74%
-3.28
-109.79%
33.54
+7.67%
31.15
Depreciation Amortization Depletion
13.88
+26.55%
10.97
+1.95%
10.76
+40.49%
7.66
Depreciation
13.88
+26.55%
10.97
+1.95%
10.76
+40.49%
7.66
Depreciation And Amortization
13.88
+26.55%
10.97
+1.95%
10.76
+40.49%
7.66
Other Non Cash Items
0.26
+26.38%
0.21
-9.31%
0.23
-22.71%
0.30
Stock Based Compensation
0.95
+19.56%
0.80
+1.17%
0.79
+241.97%
0.23
Asset Impairment Charge
2.80
+1982.45%
0.13
0.00
0.00
Operating Gains Losses
-1.37
-142.25%
3.25
+164.03%
-5.08
-679.20%
0.88
Gain Loss On Investment Securities
-1.37
-142.25%
3.25
+246.32%
-2.22
-188.39%
-0.77
Gain Loss On Sale Of PPE
0.00
0.00
+100.00%
-2.86
0.00
Change In Working Capital
1.81
+767.21%
-0.27
+96.26%
-7.25
-572.92%
-1.08
Change In Receivables
-0.68
-174.68%
0.91
+111.50%
-7.89
-26586.42%
-0.03
Changes In Account Receivables
-1.69
-720.10%
0.27
+104.28%
-6.37
-946.30%
0.75
Change In Inventory
1.96
+163.99%
-3.06
-965.06%
-0.29
-146.72%
0.61
Change In Prepaid Assets
-0.23
-4194.76%
0.01
-91.37%
0.07
+173.98%
-0.09
Change In Payables And Accrued Expense
0.86
-54.25%
1.88
-7.04%
2.02
+171.13%
-2.84
Change In Accrued Expense
1.53
+16.53%
1.32
+764.14%
0.15
+2.94%
0.15
Change In Payable
-0.67
-219.36%
0.56
-69.83%
1.87
+162.52%
-2.99
Change In Account Payable
-0.28
-1968.75%
-0.01
-100.63%
2.11
+941.67%
-0.25
Change In Other Working Capital
-0.10
-1974.70%
-0.00
+99.59%
-1.16
-191.68%
1.27
Investing Cash Flow
-8.73
+86.63%
-65.30
-129.95%
-28.40
+22.88%
-36.82
Cash Flow From Continuing Investing Activities
-8.73
+86.63%
-65.30
-129.95%
-28.40
+22.88%
-36.82
Net PPE Purchase And Sale
-8.73
+86.63%
-65.30
-129.95%
-28.40
+22.88%
-36.82
Purchase Of PPE
-8.73
+86.63%
-65.30
-72.82%
-37.79
-2.62%
-36.82
Sale Of PPE
0.00
—
9.39
0.00
Capital Expenditure
-8.73
+86.63%
-65.30
-72.82%
-37.79
-2.62%
-36.82
Capital Expenditure Reported
—
-65.29
-72.78%
-37.79
-2.62%
-36.82
Financing Cash Flow
1.73
-94.33%
30.47
+912.74%
3.01
-86.69%
22.61
Cash Flow From Continuing Financing Activities
1.73
-94.33%
30.47
+912.74%
3.01
-86.69%
22.61
Net Issuance Payments Of Debt
3.35
-85.40%
22.98
+824.75%
2.48
-92.06%
31.30
Issuance Of Debt
16.00
-65.59%
46.50
+132.50%
20.00
-73.92%
76.70
Repayment Of Debt
-12.64
+46.24%
-23.52
-34.28%
-17.52
+61.42%
-45.40
Long Term Debt Issuance
16.00
-65.59%
46.50
+132.50%
20.00
-73.92%
76.70
Long Term Debt Payments
-12.64
+46.24%
-23.52
-34.28%
-17.52
+61.42%
-45.40
Net Long Term Debt Issuance
3.35
-85.40%
22.98
+824.75%
2.48
-92.06%
31.30
Net Common Stock Issuance
-1.27
+37.33%
-2.03
-395.85%
0.69
-93.12%
9.98
Common Stock Payments
-1.27
+37.33%
-2.03
-1.57%
-2.00
0.00
Cash Dividends Paid
—
0.00
0.00
+100.00%
-1.09
Repurchase Of Capital Stock
-1.27
+37.33%
-2.03
-1.57%
-2.00
+87.96%
-16.61
Net Other Financing Charges
-0.35
-103.73%
9.52
+5962.89%
-0.16
+83.43%
-0.98
Changes In Cash
-2.19
+90.48%
-23.02
-403.11%
7.60
-69.52%
24.92
Beginning Cash Position
14.10
-62.02%
37.12
+25.72%
29.53
+541.02%
4.61
End Cash Position
11.91
-15.54%
14.10
-62.02%
37.12
+25.72%
29.53
Free Cash Flow
-3.92
+92.68%
-53.50
-1014.27%
-4.80
-307.39%
2.31
Interest Paid Supplemental Data
7.59
+27.52%
5.95
+76.78%
3.37
+56.76%
2.15
Common Stock Issuance
0.00
0.00
-100.00%
2.69
-73.08%
9.98
Issuance Of Capital Stock
0.00
0.00
-100.00%
2.69
-73.08%
9.98
Net Preferred Stock Issuance
—
0.00
0.00
+100.00%
-16.61
Preferred Stock Dividend Paid
—
0.00
0.00
+100.00%
-1.09
Preferred Stock Payments
—
0.00
0.00
+100.00%
-16.61
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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