Symbols / EDRY Stock $21.67 -1.90% EuroDry Ltd.

Industrials • Marine Shipping • Greece • NCM
EDRY (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Marine Shipping
CEO Mr. Aristides J. Pittas
Exch · Country NCM · Greece
Market Cap 62.64M
Enterprise Value 155.39M
Income -4.26M
Sales 52.26M
FCF (ttm) 9.94M
Book/sh 32.27
Cash/sh 7.06
Employees —
Insider 10d —
IPO Jun 01, 2018
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E 6.83
PEG —
P/S 1.20
P/B 0.67
P/C —
EV/EBITDA 12.35
EV/Sales 2.97
Quick Ratio 1.32
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%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-06-04
Earnings (prior) 2026-02-19
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
Insider Own 53.38%
Instit Own 3.74%
Short Float 0.16%
Short Ratio 0.09
Short Interest 2.43K
52W High 23.98
vs 52W High -9.63%
52W Low 7.60
vs 52W Low 185.13%
Beta 0.65
Impl. Vol. —
Rel Volume 0.09
Avg Volume 33.69K
Volume 3.17K
Target (mean) $29.33
Tgt Median $29.00
Tgt Low $25.00
Tgt High $34.00
# Analysts 3
Recom None
Prev Close $22.09
Price $21.67
Change -1.90%
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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$29.33
Mean price target
2. Current target
$21.67
Latest analyst target
3. DCF / Fair value
$61.93
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$21.67
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
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 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
52.26
-14.44%
61.08
+28.35%
47.59
-32.19%
70.18
Operating Revenue
55.64
-14.13%
64.79
+28.46%
50.43
-32.37%
74.57
Cost Of Revenue
45.85
-15.33%
54.15
+38.42%
39.12
+18.98%
32.88
Reconciled Cost Of Revenue
45.85
-15.33%
54.15
+38.42%
39.12
+18.98%
32.88
Gross Profit
6.41
-7.46%
6.93
-18.16%
8.47
-77.29%
37.30
Operating Expense
6.24
-40.20%
10.43
+44.04%
7.24
+19.88%
6.04
Selling General And Administration
3.17
-3.06%
3.27
-5.46%
3.46
+12.61%
3.07
General And Administrative Expense
3.17
-3.06%
3.27
-5.46%
3.46
+12.61%
3.07
Other Gand A
3.17
-3.06%
3.27
-5.46%
3.46
+12.61%
3.07
Other Operating Expenses
3.07
-57.16%
7.16
+89.33%
3.78
+27.40%
2.97
Total Expenses
52.09
-19.35%
64.58
+39.29%
46.36
+19.12%
38.92
Operating Income
0.18
+105.04%
-3.50
-384.99%
1.23
-96.07%
31.26
Total Operating Income As Reported
2.97
+147.17%
-6.30
-675.70%
1.09
-96.79%
34.12
EBITDA
15.50
+86.40%
8.32
-41.31%
14.17
-70.57%
48.15
Normalized EBITDA
12.79
+22.06%
10.48
-19.94%
13.09
-68.88%
42.06
Reconciled Depreciation
12.41
-10.57%
13.88
+26.55%
10.97
+1.95%
10.76
EBIT
3.09
+155.61%
-5.56
-273.57%
3.20
-91.43%
37.40
Total Unusual Items
2.71
+225.14%
-2.16
-300.77%
1.08
-82.29%
6.09
Total Unusual Items Excluding Goodwill
2.71
+225.14%
-2.16
-300.77%
1.08
-82.29%
6.09
Special Income Charges
2.79
+199.90%
-2.80
-1982.45%
-0.13
-104.70%
2.86
Other Special Charges
—
—
—
—
Write Off
0.00
-100.00%
2.80
+1982.45%
0.13
0.00
Net Income
-4.26
+66.17%
-12.61
-333.35%
-2.91
-108.67%
33.54
Pretax Income
-3.79
+71.97%
-13.52
-311.74%
-3.28
-109.79%
33.54
Net Non Operating Interest Income Expense
-6.67
+15.01%
-7.85
-40.50%
-5.59
-46.82%
-3.81
Interest Expense Non Operating
6.88
-13.52%
7.96
+22.66%
6.49
+68.36%
3.85
Net Interest Income
-6.67
+15.01%
-7.85
-40.50%
-5.59
-46.82%
-3.81
Interest Expense
6.88
-13.52%
7.96
+22.66%
6.49
+68.36%
3.85
Interest Income Non Operating
0.21
+99.67%
0.10
-88.47%
0.90
+1838.78%
0.05
Interest Income
0.21
+99.67%
0.10
-88.47%
0.90
+1838.78%
0.05
Other Income Expense
2.71
+225.14%
-2.16
-300.77%
1.08
-82.29%
6.09
Gain On Sale Of Security
-0.08
-113.41%
0.63
-47.90%
1.21
-62.49%
3.23
Tax Rate For Calcs
0.00
0.00
0.00
-100.00%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
-100.00%
1.34
Net Income Including Noncontrolling Interests
-3.79
+71.97%
-13.52
-311.74%
-3.28
-109.79%
33.54
Net Income From Continuing Operation Net Minority Interest
-4.26
+66.17%
-12.61
-333.35%
-2.91
-108.67%
33.54
Net Income From Continuing And Discontinued Operation
-4.26
+66.17%
-12.61
-333.35%
-2.91
-108.67%
33.54
Net Income Continuous Operations
-3.79
+71.97%
-13.52
-311.74%
-3.28
-109.79%
33.54
Minority Interests
-0.48
-152.16%
0.91
+143.64%
0.37
0.00
Normalized Income
-6.97
+33.21%
-10.44
-161.86%
-3.99
-113.85%
28.79
Net Income Common Stockholders
-4.26
+66.17%
-12.61
-333.35%
-2.91
-108.67%
33.54
Diluted EPS
-1.55
+56.21%
-3.54
-237.14%
-1.05
-109.04%
11.61
Basic EPS
-1.55
+56.21%
-3.54
-237.14%
-1.05
-109.01%
11.66
Basic Average Shares
2.76
+1.04%
2.73
-1.28%
2.76
-3.94%
2.88
Diluted Average Shares
2.76
+1.04%
2.73
-1.28%
2.76
-4.39%
2.89
Diluted NI Availto Com Stockholders
-4.26
+66.17%
-12.61
-333.35%
-2.91
-108.67%
33.54
Gain On Sale Of PPE
2.79
0.00
0.00
-100.00%
2.86
Preferred Stock Dividends
—
—
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
212.10
-3.47%
219.74
-4.90%
231.05
+15.81%
199.51
Current Assets
28.62
+22.71%
23.33
-3.71%
24.23
-49.42%
47.89
Cash Cash Equivalents And Short Term Investments
20.32
+202.71%
6.71
-16.13%
8.00
-76.49%
34.04
Cash And Cash Equivalents
20.32
+202.71%
6.71
-16.13%
8.00
-76.49%
34.04
Receivables
4.25
-55.51%
9.55
+7.65%
8.87
-10.52%
9.91
Accounts Receivable
3.31
-60.80%
8.43
+25.11%
6.74
-5.70%
7.15
Other Receivables
0.94
-15.44%
1.11
-47.69%
2.13
+514.70%
0.35
Inventory
1.31
-37.64%
2.10
-49.07%
4.12
+289.32%
1.06
Prepaid Assets
0.51
+7.73%
0.47
+94.96%
0.24
-2.27%
0.25
Restricted Cash
2.16
+35.89%
1.59
-43.26%
2.80
+133.94%
1.20
Assets Held For Sale Current
0.00
-100.00%
2.79
0.00
—
Hedging Assets Current
0.08
-29.97%
0.12
-38.63%
0.20
-86.32%
1.44
Total Non Current Assets
183.48
-6.58%
196.41
-5.04%
206.83
+36.42%
151.61
Net PPE
180.28
-6.42%
192.65
-5.34%
203.53
+36.58%
149.02
Gross PPE
232.80
-5.77%
247.06
-1.51%
250.84
+35.32%
185.37
Accumulated Depreciation
-52.52
+3.47%
-54.41
-15.00%
-47.31
-30.17%
-36.35
Construction In Progress
14.39
+100.13%
7.19
0.00
—
Other Non Current Assets
3.20
-11.36%
3.61
+9.39%
3.30
+75.07%
1.89
Total Liabilities Net Minority Interest
109.59
-3.99%
114.14
+2.26%
111.63
+30.46%
85.56
Current Liabilities
18.72
-0.20%
18.76
-26.38%
25.48
-6.32%
27.20
Payables And Accrued Expenses
5.87
-12.40%
6.70
+10.89%
6.05
+51.35%
3.99
Payables
2.80
-1.69%
2.85
-23.49%
3.72
+24.59%
2.99
Accounts Payable
2.17
-18.52%
2.67
-15.20%
3.15
+5.27%
2.99
Current Accrued Expenses
3.07
-20.33%
3.85
+66.08%
2.32
+130.97%
1.00
Current Debt And Capital Lease Obligation
12.01
+1.68%
11.81
-33.67%
17.80
-22.11%
22.86
Current Debt
12.01
+1.68%
11.81
-33.67%
17.80
-22.11%
22.86
Other Current Borrowings
12.01
+1.68%
11.81
-33.67%
17.80
-22.11%
22.86
Current Deferred Liabilities
0.84
+240.55%
0.25
-28.70%
0.35
-1.36%
0.35
Current Deferred Revenue
0.84
+240.55%
0.25
-28.70%
0.35
-1.36%
0.35
Other Current Liabilities
—
—
1.29
—
Total Non Current Liabilities Net Minority Interest
90.87
-4.73%
95.38
+10.73%
86.14
+47.60%
58.36
Long Term Debt And Capital Lease Obligation
90.87
-4.73%
95.38
+10.75%
86.12
+47.57%
58.36
Long Term Debt
90.87
-4.73%
95.38
+10.75%
86.12
+47.57%
58.36
Preferred Securities Outside Stock Equity
—
—
—
—
Stockholders Equity
93.27
-3.58%
96.74
-11.79%
109.66
-3.76%
113.94
Common Stock Equity
93.27
-3.58%
96.74
-11.79%
109.66
-3.76%
113.94
Capital Stock
0.03
+2.26%
0.03
-0.20%
0.03
-2.42%
0.03
Common Stock
0.03
+2.26%
0.03
-0.20%
0.03
-2.42%
0.03
Share Issued
2.89
+2.26%
2.83
-0.20%
2.83
-2.42%
2.90
Ordinary Shares Number
2.89
+2.26%
2.83
-0.20%
2.83
-2.42%
2.90
Additional Paid In Capital
68.55
+1.18%
67.75
-0.47%
68.07
-1.97%
69.44
Retained Earnings
24.69
-14.73%
28.96
-30.33%
41.56
-6.54%
44.47
Minority Interest
9.23
+4.27%
8.85
-9.33%
9.77
0.00
Total Equity Gross Minority Interest
102.51
-2.92%
105.59
-11.59%
119.43
+4.82%
113.94
Total Capitalization
184.14
-4.15%
192.12
-1.87%
195.79
+13.63%
172.30
Working Capital
9.90
+116.84%
4.57
+462.60%
-1.26
-106.09%
20.69
Invested Capital
196.15
-3.81%
203.93
-4.52%
213.59
+9.44%
195.16
Total Debt
102.88
-4.02%
107.19
+3.14%
103.93
+27.96%
81.22
Net Debt
82.56
-17.83%
100.48
+4.75%
95.93
+103.34%
47.18
Net Tangible Assets
93.27
-3.58%
96.74
-11.79%
109.66
-3.76%
113.94
Tangible Book Value
93.27
-3.58%
96.74
-11.79%
109.66
-3.76%
113.94
Derivative Product Liabilities
—
0.00
-100.00%
0.02
0.00
Duefrom Related Parties Current
—
—
0.00
-100.00%
2.42
Dueto Related Parties Current
0.63
+246.51%
0.18
-68.66%
0.58
0.00
Financial Assets
0.00
-100.00%
0.14
0.00
-100.00%
0.71
Interest Payable
0.74
-24.61%
0.98
+11.81%
0.88
+75.29%
0.50
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
12.76
+165.24%
4.81
-59.25%
11.81
-64.21%
32.99
Cash Flow From Continuing Operating Activities
12.76
+165.24%
4.81
-59.25%
11.81
-64.21%
32.99
Net Income From Continuing Operations
-3.79
+71.97%
-13.52
-311.74%
-3.28
-109.79%
33.54
Depreciation Amortization Depletion
12.41
-10.57%
13.88
+26.55%
10.97
+1.95%
10.76
Depreciation
12.41
-10.57%
13.88
+26.55%
10.97
+1.95%
10.76
Depreciation And Amortization
12.41
-10.57%
13.88
+26.55%
10.97
+1.95%
10.76
Other Non Cash Items
0.33
+25.55%
0.26
+26.38%
0.21
-9.31%
0.23
Stock Based Compensation
0.80
-16.02%
0.95
+19.56%
0.80
+1.17%
0.79
Asset Impairment Charge
0.00
-100.00%
2.80
+1982.45%
0.13
0.00
Operating Gains Losses
-2.61
-90.17%
-1.37
-142.25%
3.25
+164.03%
-5.08
Gain Loss On Investment Securities
0.18
+113.15%
-1.37
-142.25%
3.25
+246.32%
-2.22
Gain Loss On Sale Of PPE
-2.79
0.00
0.00
+100.00%
-2.86
Change In Working Capital
5.62
+210.52%
1.81
+767.21%
-0.27
+96.26%
-7.25
Change In Receivables
5.30
+881.49%
-0.68
-174.68%
0.91
+111.50%
-7.89
Changes In Account Receivables
5.13
+402.94%
-1.69
-720.10%
0.27
+104.28%
-6.37
Change In Inventory
0.79
-59.69%
1.96
+163.99%
-3.06
-965.06%
-0.29
Change In Prepaid Assets
-0.04
+84.13%
-0.23
-4194.76%
0.01
-91.37%
0.07
Change In Payables And Accrued Expense
-1.03
-219.49%
0.86
-54.25%
1.88
-7.04%
2.02
Change In Accrued Expense
-0.78
-151.09%
1.53
+16.53%
1.32
+764.14%
0.15
Change In Payable
-0.24
+63.72%
-0.67
-219.36%
0.56
-69.83%
1.87
Change In Account Payable
-0.69
-149.42%
-0.28
-1968.75%
-0.01
-100.63%
2.11
Change In Other Working Capital
0.59
+697.60%
-0.10
-1974.70%
-0.00
+99.59%
-1.16
Investing Cash Flow
5.75
+165.82%
-8.73
+86.63%
-65.30
-129.95%
-28.40
Cash Flow From Continuing Investing Activities
5.75
+165.82%
-8.73
+86.63%
-65.30
-129.95%
-28.40
Net PPE Purchase And Sale
5.75
+165.82%
-8.73
+86.63%
-65.30
-129.95%
-28.40
Purchase Of PPE
-7.36
+15.65%
-8.73
+86.63%
-65.30
-72.82%
-37.79
Sale Of PPE
13.11
0.00
—
9.39
Capital Expenditure
-7.36
+15.65%
-8.73
+86.63%
-65.30
-72.82%
-37.79
Capital Expenditure Reported
—
—
-65.29
-72.78%
-37.79
Financing Cash Flow
-4.74
-374.56%
1.73
-94.33%
30.47
+912.74%
3.01
Cash Flow From Continuing Financing Activities
-4.74
-374.56%
1.73
-94.33%
30.47
+912.74%
3.01
Net Issuance Payments Of Debt
-4.51
-234.38%
3.35
-85.40%
22.98
+824.75%
2.48
Issuance Of Debt
8.59
-46.30%
16.00
-65.59%
46.50
+132.50%
20.00
Repayment Of Debt
-13.10
-3.60%
-12.64
+46.24%
-23.52
-34.28%
-17.52
Long Term Debt Issuance
8.59
-46.30%
16.00
-65.59%
46.50
+132.50%
20.00
Long Term Debt Payments
-13.10
-3.60%
-12.64
+46.24%
-23.52
-34.28%
-17.52
Net Long Term Debt Issuance
-4.51
-234.38%
3.35
-85.40%
22.98
+824.75%
2.48
Net Common Stock Issuance
0.00
+100.00%
-1.27
+37.33%
-2.03
-395.85%
0.69
Common Stock Payments
0.00
+100.00%
-1.27
+37.33%
-2.03
-1.57%
-2.00
Cash Dividends Paid
—
—
0.00
0.00
Repurchase Of Capital Stock
0.00
+100.00%
-1.27
+37.33%
-2.03
-1.57%
-2.00
Net Other Financing Charges
-0.23
+34.02%
-0.35
-103.73%
9.52
+5962.89%
-0.16
Changes In Cash
13.76
+728.20%
-2.19
+90.48%
-23.02
-403.11%
7.60
Beginning Cash Position
11.91
-15.54%
14.10
-62.02%
37.12
+25.72%
29.53
End Cash Position
25.67
+115.58%
11.91
-15.54%
14.10
-62.02%
37.12
Free Cash Flow
5.40
+237.74%
-3.92
+92.68%
-53.50
-1014.27%
-4.80
Interest Paid Supplemental Data
—
7.59
+27.52%
5.95
+76.78%
3.37
Common Stock Issuance
—
0.00
0.00
-100.00%
2.69
Issuance Of Capital Stock
—
0.00
0.00
-100.00%
2.69
Net Preferred Stock Issuance
—
—
0.00
0.00
Preferred Stock Dividend Paid
—
—
0.00
0.00
Preferred Stock Payments
—
—
0.00
0.00
SEC Filings

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

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
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