Euroseas

ESEA

Market cap $406M

Euroseas is a US-listed pureplay feeder containership operator with multi-year, high-TCE contracts, generating strong, stable earnings and cash flow visibility. ESEA trades at deeply discounted multiples—3.4x P/E and 3.6x EV/EBITDA—despite sector-leading 54% net margins and robust charter coverage into 2029. The market misclassifies ESEA as a spot operator, in my opinion, overlooking its structural supply inelasticity, high-credit counterparties, and predictable regional demand.

Euroseas maintains robust operations, with shares now trading at a 35% discount to NAV, enhancing upside and safety margin. ESEA has extended charter coverage into 2027–2028 at attractive rates, securing future profitability and reducing execution risk on newbuilds. All four newbuilds are fixed on long-term charters at $35.5K/day, locking in strong cash flows well ahead of delivery.

ATHENS, Greece, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today new charter contracts for three of its modern fuel-efficient 2,800 teu container vessels, M/V Leonidas Z, M/V Gregos, and M/V Terataki. All three charters will be for a minimum period of 35 to a maximum period of 37 months, at the option of the charterer, at a gross daily rate of $30,000. The new charter periods are expected to commence directly after the redelivery of their present charters, during the first, second and third quarters of 2026.

Euroseas Ltd. ( ESEA ) Q3 2025 Earnings Call November 18, 2025 10:00 AM EST Company Participants Aristides Pittas - Chairman, CEO & President Anastasios Aslidis - CFO, Treasurer & Director Conference Call Participants Mark La Reichman - NOBLE Capital Markets, Inc., Research Division Tate Sullivan - Maxim Group LLC, Research Division Climent Molins - Value Investor's Edge Poe Fratt Presentation Operator Thank you for standing by, ladies and gentlemen, and welcome to Euroseas Conference Call on the Third Quarter 2025 Financial Results.

Euroseas Ltd. (ESEA) came out with quarterly earnings of $4.23 per share, missing the Zacks Consensus Estimate of $4.4 per share.

ATHENS, Greece, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three and nine-month periods ended September 30, 2025.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Euroseas (ESEA) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Here is how Euroseas Ltd. (ESEA) and Global Ship Lease (GSL) have performed compared to their sector so far this year.

Euroseas continues to trade at a significant discount to charter-adjusted NAV, supported by strong, visible cash flows and robust charter coverage. Q2 results highlight ESEA's operational efficiency, with high TCE rates, low breakevens, and increased dividends, reinforcing shareholder value. ESEA's charter backlog secures 100% of 2025 and about 70% of 2026 days at attractive rates, maintaining a wide margin of safety versus NAV.