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EDRY logo EDRY
Upturn stock ratingUpturn stock rating
EDRY logo

EuroDry Ltd (EDRY)

Upturn stock ratingUpturn stock rating
$12.49
Last Close (24-hour delay)
Profit since last BUY27.71%
upturn advisory
Consider higher Upturn Star rating
BUY since 54 days
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Upturn Advisory Summary

09/17/2025: EDRY (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $20

1 Year Target Price $20

Analysts Price Target For last 52 week
$20 Target price
52w Low $7.6
Current$12.49
52w High $20.79

Analysis of Past Performance

Type Stock
Historic Profit 50.13%
Avg. Invested days 41
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/17/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 35.28M USD
Price to earnings Ratio -
1Y Target Price 20
Price to earnings Ratio -
1Y Target Price 20
Volume (30-day avg) 3
Beta 0.98
52 Weeks Range 7.60 - 20.79
Updated Date 09/16/2025
52 Weeks Range 7.60 - 20.79
Updated Date 09/16/2025
Dividends yield (FY) -
Basic EPS (TTM) -6.14

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -34.58%
Operating Margin (TTM) -11.62%

Management Effectiveness

Return on Assets (TTM) -2.12%
Return on Equity (TTM) -17.02%

Valuation

Trailing PE -
Forward PE 12.76
Enterprise Value 129565896
Price to Sales(TTM) 0.71
Enterprise Value 129565896
Price to Sales(TTM) 0.71
Enterprise Value to Revenue 2.62
Enterprise Value to EBITDA 53.96
Shares Outstanding 2826700
Shares Floating 1297906
Shares Outstanding 2826700
Shares Floating 1297906
Percent Insiders 54.59
Percent Institutions 3.13

ai summary icon Upturn AI SWOT

EuroDry Ltd

stock logo

Company Overview

overview logo History and Background

EuroDry Ltd. was formed in January 2005, following a spin-off from Euroseas Ltd. (Nasdaq: ESEA). The company focuses on owning and operating drybulk carriers.

business area logo Core Business Areas

  • Drybulk Shipping: EuroDry Ltd. owns and operates a fleet of drybulk carriers that transport major bulks such as iron ore, coal, and grains, as well as minor bulks such as fertilizers, bauxite, and cement.

leadership logo Leadership and Structure

Aristides Pittas serves as the Chairman and CEO. The company is structured with a board of directors and an executive management team.

Top Products and Market Share

overview logo Key Offerings

  • Time Charter Agreements: EuroDry generates revenue through time charter agreements with various charterers. Market share data for individual companies within the drybulk shipping sector is highly fragmented and difficult to pinpoint precisely. Competitors include other drybulk shipping companies like Star Bulk Carriers Corp. (SBLK), Genco Shipping & Trading Limited (GNK), and Eagle Bulk Shipping Inc. (EGLE).
  • Spot Market Voyages: EuroDry also participates in the spot market for voyages where vessels are hired for a specific route and cargo. Due to the volatility of the spot market, its contribution to revenue fluctuates. Competitors are similar to those in Time Charters.

Market Dynamics

industry overview logo Industry Overview

The drybulk shipping industry is cyclical and highly influenced by global economic conditions, trade patterns, and supply/demand dynamics for drybulk commodities and vessels. Increased environmental regulations impacting shipping are changing the dynamics of the market.

Positioning

EuroDry positions itself as a smaller, agile player in the drybulk market, focusing on efficient vessel management and opportunistic fleet deployment.

Total Addressable Market (TAM)

The global dry bulk shipping market was valued at $600 Billion in 2023. EuroDry has positioned itself to take advantage of the increased demand and market rate by leveraging its experience and strategic purchase of vessels. EuroDry's limited fleet size leads to a relatively small share of the TAM.

Upturn SWOT Analysis

Strengths

  • Experienced management team
  • Strategic fleet deployment
  • Strong relationships with charterers

Weaknesses

  • Small fleet size relative to major competitors
  • High dependence on volatile drybulk shipping rates
  • Limited diversification

Opportunities

  • Increasing global demand for drybulk commodities
  • Fleet expansion through vessel acquisitions
  • Taking advantage of technological development to improve efficiency and reduce costs

Threats

  • Cyclical downturns in the drybulk market
  • Increased competition from larger players
  • Geopolitical risks impacting trade routes
  • Changing environmental regulations increasing operating costs

Competitors and Market Share

competitor logo Key Competitors

  • SBLK
  • GNK
  • EGLE

Competitive Landscape

EuroDry is relatively small compared to its competitors. Advantages lie in its agile approach and management expertise. Disadvantages are associated with the risk of cyclical market downturns and small fleet size relative to peers. This is based on rough estimates because exact market share percentage are difficult to find

Growth Trajectory and Initiatives

Historical Growth: EuroDry's growth is dependent on its fleet expansion and market conditions. Refer to historical filings for past growth trends.

Future Projections: Analyst estimates for EuroDry's future growth should be sourced from financial research platforms and reports. Please note that analyst estimates are forward-looking statements and are subject to change.

Recent Initiatives: Strategic initiatives such as vessel acquisitions or operational improvements can significantly impact future performance.

Summary

EuroDry Ltd. is a smaller player in the volatile drybulk shipping industry with experienced management, but subject to the cyclical nature of the market and its small fleet size. Strategic fleet deployment and acquisitions represent growth opportunities. The company should be cautious of downturns, increasing costs and competition. By strategically acquiring vessels, EuroDry has positions itself to take advantage of the increased demand and market rate by leveraging its experience.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • EuroDry Ltd. SEC Filings
  • Industry Reports
  • Financial News Sources

Disclaimers:

The information provided is for general informational purposes only and does not constitute financial advice. Market conditions and company performance are subject to change. Conduct thorough research and consult with a financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About EuroDry Ltd

Exchange NASDAQ
Headquaters -
IPO Launch date 2018-05-31
Chairman, President & CEO Mr. Aristides J. Pittas
Sector Industrials
Industry Marine Shipping
Full time employees -
Full time employees -

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.