Okeanis Eco Tankers Corp. (ECO)

Okeanis Eco Tankers Corp. (NYSE:ECO) to Post Q2 2024 Earnings of $0.88 Per Share, B. Riley Forecasts

Okeanis Eco Tankers Corp. (NYSE:ECO – Free Report) – Analysts at B. Riley boosted their Q2 2024 EPS estimates for Okeanis Eco Tankers in a note issued to investors on Thursday, May 16th. B. Riley analyst L. Burke now anticipates that the company will earn $0.88 per share for the quarter, up from their prior estimate of $0.22. B. Riley currently has a “Buy” rating and a $44.00 target price on the stock. The consensus estimate for Okeanis Eco Tankers’ current full-year earnings is $4.22 per share. B. Riley also issued estimates for Okeanis Eco Tankers’ FY2024 earnings at $4.22 EPS. Okeanis Eco Tankers Stock Up 0.1 % Okeanis Eco Tankers stock opened at $34.93 on Monday. The business’s 50-day moving average price is $31.11. Okeanis Eco Tankers has a 1-year low of $20.22 and a 1-year high of $35.50. Okeanis Eco Tankers (NYSE:ECO – Get Free Report) last posted its earnings results on Thursday, February 29th. The company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.01. The firm had revenue of $91.67 million for the quarter. Hedge Funds Weigh In On Okeanis Eco Tankers A number of institutional investors have recently bought and sold shares of ECO. Hsbc Holdings PLC bought a new position in Okeanis Eco Tankers in the fourth quarter worth about $804,000. Glenorchy Capital Ltd bought a new position in Okeanis Eco Tankers in the fourth quarter worth about $678,000. Finally, Susquehanna International Securities Ltd. bought a new position in Okeanis Eco Tankers in the first quarter worth about $210,000. Okeanis Eco Tankers Increases Dividend The business also recently declared a — dividend, which will be paid on Thursday, June 20th. Investors of record on Wednesday, June 5th will be paid a $1.10 dividend. This is an increase from Okeanis Eco Tankers’s previous — dividend of $0.66. The ex-dividend date is Wednesday, June 5th. About Okeanis Eco Tankers (Get Free Report) Okeanis Eco Tankers Corp., a tanker company, engages in the ownership, chartering and operation of oil tanker vessels worldwide. The company also provides various shipping services, such as technical support, maintenance, and insurance consulting services. It operates a fleet of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers.