EuroDry Ltd.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $134.3M
- Price
- $46.85
- % Change (Daily % change from the live per-ticker quote feed.)
- +7.87%
- Volume
- 136.9K
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 March 31, 2022, it operated a fleet of ten drybulk carriers comprising five Panamax drybulk carriers, two Ultramax drybulk carrier, two Kamsarmax carriers, and one Supramax drybulk carrier with a cargo capacity of 726,555 deadweight tons. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece.
Quick stats
Shares outstanding2.9M
Computed float1.3M
Float / shares45.1%
Key info
SectorIndustrials
IndustryMarine Shipping
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001731388
Websitehttps://www.eurodry.gr
AI Summary
AI-generated1/29
majorbullishearnings
EuroDry Ltd. Reports Results for the Quarter and Six-Month Period Ended June 30, 2026
EuroDry reported a strong Q2 2026 with total net revenues of $17.7 million, up 57% year-over-year, driven by a 95.6% increase in average time charter equivalent rates to $20,398 per day.
Adjusted EBITDA for the quarter surged to $11.7 million from $1.9 million in the prior year, while net income swung to $6.9 million compared to a net loss of $3.1 million in Q2 2025.
The company continues to execute its share repurchase plan, having used $5.8 million to buy back shares, and secured a new term sheet with Alpha Bank S.A. to refinance vessel indebtedness for up to $19 million.