B. Riley Expects Weaker Earnings for Okeanis Eco Tankers

Okeanis Eco Tankers Corp. (NYSE:ECO) – Equities researchers at B. Riley reduced their FY2025 earnings estimates for Okeanis Eco Tankers in a research report issued on Thursday, November 20th. B. Riley analyst L. Burke now expects that the company will post earnings of $3.26 per share for the year, down from their prior estimate of $3.32. B. Riley has a “Buy” rating and a $45.00 price objective on the stock. The consensus estimate for Okeanis Eco Tankers’ current full-year earnings is $1.34 per share. B. Riley also issued estimates for Okeanis Eco Tankers’ Q4 2025 earnings at $1.30 EPS and FY2026 earnings at $2.50 EPS.

ECO has been the subject of a number of other reports. UBS Group cut Okeanis Eco Tankers from a “buy” rating to a “neutral” rating in a research report on Friday, November 14th. Wall Street Zen raised shares of Okeanis Eco Tankers from a “hold” rating to a “strong-buy” rating in a report on Saturday, November 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Okeanis Eco Tankers in a report on Wednesday, October 8th. Zacks Research cut shares of Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 10th. Finally, Clarkson Capital upgraded shares of Okeanis Eco Tankers to a “hold” rating in a research report on Friday, November 14th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Okeanis Eco Tankers currently has a consensus rating of “Hold” and a consensus price target of $37.00.

Okeanis Eco Tankers Stock Performance

NYSE ECO opened at $37.50 on Monday. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 17.94 and a beta of 0.01. The stock has a 50-day moving average of $32.21 and a 200 day moving average of $27.13. The company has a current ratio of 1.96, a quick ratio of 1.65 and a debt-to-equity ratio of 1.36. Okeanis Eco Tankers has a twelve month low of $17.91 and a twelve month high of $39.77.

Okeanis Eco Tankers (NYSE:ECO) last posted its earnings results on Wednesday, November 12th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.48. Okeanis Eco Tankers had a net margin of 19.52% and a return on equity of 15.81%. The business had revenue of $59.95 million for the quarter, compared to analyst estimates of $51.29 million.

Hedge Funds Weigh In On Okeanis Eco Tankers

A number of institutional investors and hedge funds have recently bought and sold shares of ECO. BNP Paribas Financial Markets purchased a new stake in Okeanis Eco Tankers during the 2nd quarter valued at about $25,000. Quarry LP acquired a new position in shares of Okeanis Eco Tankers during the 3rd quarter worth approximately $29,000. State of Wyoming purchased a new stake in shares of Okeanis Eco Tankers in the second quarter valued at approximately $107,000. Verition Fund Management LLC purchased a new stake in shares of Okeanis Eco Tankers in the third quarter valued at approximately $211,000. Finally, S.E.E.D. Planning Group LLC acquired a new stake in shares of Okeanis Eco Tankers in the third quarter valued at approximately $234,000.

Okeanis Eco Tankers Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Tuesday, December 2nd will be issued a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, December 2nd. This is a positive change from Okeanis Eco Tankers’s previous quarterly dividend of $0.70. This represents a $3.00 dividend on an annualized basis and a dividend yield of 8.0%. Okeanis Eco Tankers’s payout ratio is currently 125.52%.

Okeanis Eco Tankers Company Profile

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.