EuroDry benefits from surging dry bulk rates, rising earnings and fleet expansion plans, but oversupply risks and mounting debt make buying the stock a concern.

EuroDry remains tethered to the extreme volatility of the global dry bulk shipping market, where erratic charter rates drive significant fluctuations in top-line performance.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 6, 2026 | $2.44+98.4% vs $1.23 | $18M-0.9% vs $18M |
Q2 2026 May 20, 2026 | $0.12-50.0% vs $0.24 | $13M-18.1% vs $16M |
Q1 2026 Feb 19, 2026 | $0.87+11.5% vs $0.78 | $17M-0.3% vs $17M |
Q4 2025 Nov 13, 2025 | -$0.23-53.3% vs -$0.15 | $14M-20.3% vs $18M |
EuroDry benefits from surging dry bulk rates, rising earnings and fleet expansion plans, but oversupply risks and mounting debt make buying the stock a concern.

EuroDry is rerated to Buy with a $55 price target, reflecting resilient coal-driven demand for geared dry bulk carriers. Recent charter rate increases and strong Baltic Supramax index support EDRY's operational performance, despite a recent pullback to $47.59. Management's opportunistic $20M ATM share issuance above NAV demonstrates disciplined capital allocation and potential for future value accretion.
EuroDry (NASDAQ: EDRY - Get Free Report) Director Aristeidis Pittas bought 600 shares of EuroDry stock in a transaction dated Thursday, October 15th. The shares were purchased at an average cost of $48.17 per share, for a total transaction of $28,902.00. Following the completion of the transaction, the director owned 77,088 shares of the company's stock,
ATHENS, Greece, Oct. 14, 2026 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it has signed a contract with Hengli Shipbuilding (Dalian) for the construction of a third 82,000 DWT Kamsarmax bulk carrier. The vessel will be built to an eco-design specification compliant with EEDI Phase 3 standards and is scheduled to be delivered during the third quarter of 2029. The total consideration for the newbuilding contract is approximately $37.0 million and will be financed with a combination of debt and equity. The contract is conditional upon receiving a refund guarantee from a bank acceptable to the Company.
Benchmark EDRY against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for EuroDry Ltd. (EDRY)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $34.61 | $100.04M | 10.52 | -14.44% | 15.02% | 9.04% | — | |
| $26.73 | $2.98B | 10.39 | -17.62% | 23.87% | 11.71% | 1.11% | |
| $26.00 | $1.13B | 14.62 | -19.14% | 15.48% | 8.9% | 2.91% | |
| $7.11 | $723.99M | 8.32 | -10.37% | 28.29% | 10.32% | 3.91% | |
| $14.12 | $298.13M | 4.98 | -5.59% | 30.69% | 20.72% | 3.27% | |
| $1.36 | $81.43M | 0.83 | 23.51% | 109.09% | 13.95% | 6.73% |
EuroDry Ltd. (EDRY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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EuroDry Ltd. (EDRY) stock FAQ — growth, dividends, profitability & financials explained
EuroDry Ltd. (EDRY) reported $62.3M in revenue over the trailing twelve months. Revenue was $52.3M in fiscal year 2025. That is 563% more than the $7.9M of fiscal year 2016.
EuroDry Ltd. (EDRY) grew revenue by 25.3% over the trailing twelve months, compared with the twelve months before.
Yes. EuroDry Ltd. (EDRY) earned $9.4M in net income over the trailing twelve months (a 15.0% net margin).
EuroDry Ltd. (EDRY) had a return on equity (ROE) of 9.0% over the trailing twelve months. That is below the market's typical 10-15%.
EuroDry Ltd. (EDRY) generated $17.3M in free cash flow over the trailing twelve months.