Okeanis Eco Tankers (NYSE:ECO) Releases Earnings Results

Okeanis Eco Tankers (NYSE:ECO) issued its quarterly earnings data on Tuesday. The company reported $5.91 EPS for the quarter, beating the consensus estimate of $4.61 by $1.30, FiscalAI reports. Okeanis Eco Tankers had a net margin of 41.26% and a return on equity of 37.13%. The firm had revenue of $268.14 million during the quarter, compared to the consensus estimate of $220.28 million.

Okeanis Eco Tankers Stock Performance

NYSE:ECO traded up $1.99 during mid-day trading on Wednesday, reaching $61.22. The company’s stock had a trading volume of 703,434 shares, compared to its average volume of 480,868. The firm’s fifty day moving average price is $53.30 and its two-hundred day moving average price is $50.12. Okeanis Eco Tankers has a 12-month low of $23.82 and a 12-month high of $63.67. The stock has a market cap of $2.39 billion, a P/E ratio of 10.81 and a beta of -0.15. The company has a current ratio of 1.70, a quick ratio of 1.56 and a debt-to-equity ratio of 0.75.

Okeanis Eco Tankers Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Thursday, May 28th were given a $2.00 dividend. This is a positive change from Okeanis Eco Tankers’s previous quarterly dividend of $1.55. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $8.00 dividend on an annualized basis and a yield of 13.1%. Okeanis Eco Tankers’s payout ratio is presently 141.34%.

Wall Street Analysts Forecast Growth

ECO has been the subject of a number of recent analyst reports. Clarkson Capital downgraded Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a report on Friday, May 15th. Pareto Securities lowered shares of Okeanis Eco Tankers from a “buy” rating to a “hold” rating and set a $57.50 target price on the stock. in a research note on Monday, May 25th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Okeanis Eco Tankers in a research report on Thursday, June 18th. B. Riley Financial increased their price target on shares of Okeanis Eco Tankers from $55.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Finally, Zacks Research lowered shares of Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $59.52.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. FIL Ltd grew its stake in shares of Okeanis Eco Tankers by 17.2% during the 4th quarter. FIL Ltd now owns 574,182 shares of the company’s stock valued at $19,339,000 after purchasing an additional 84,130 shares during the period. Marshall Wace LLP purchased a new stake in Okeanis Eco Tankers in the fourth quarter worth about $10,911,000. Goldman Sachs Group Inc. raised its stake in shares of Okeanis Eco Tankers by 23.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 225,358 shares of the company’s stock worth $7,626,000 after buying an additional 42,414 shares during the period. JPMorgan Chase & Co. purchased a new position in shares of Okeanis Eco Tankers during the 4th quarter valued at about $5,222,000. Finally, Semmax Financial Advisors Inc. increased its holdings in Okeanis Eco Tankers by 8.2% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 132,545 shares of the company’s stock worth $2,880,000 after acquiring an additional 10,016 shares in the last quarter.

More Okeanis Eco Tankers News

Here are the key news stories impacting Okeanis Eco Tankers this week:

• Positive Sentiment: Major earnings and revenue beats: Okeanis reported quarterly EPS of $5.91, ahead of the $4.61 analyst consensus, while revenue reached $268.14 million versus estimates of $220.28 million. Net margin was 41.26% and return on equity was 37.13%. Okeanis Eco Tankers quarterly earnings
• Positive Sentiment: Large dividend declared: The board approved a $5.25-per-share dividend, with payments staggered across the Oslo and New York Stock Exchange listings. The payout reinforces ECO’s income appeal and is a key catalyst for the stock. Okeanis Eco Tankers Q2 2026 dividend announcement
• Positive Sentiment: Strong third-quarter outlook: Seeking Alpha upgraded ECO to Buy, citing its young fleet, commercial outperformance and unusually high rates from operations involving the Strait of Hormuz and CPC terminal. The analysis forecasts approximately $5 of Q3 EPS and potentially about $10 in dividends over two quarters. Okeanis Strait of Hormuz operations fuel record dividends
• Neutral Sentiment: ESG report published: The company released its fifth ESG report under GRI 2021 and SASB marine-transportation standards, providing additional sustainability disclosure but little immediate earnings impact. Okeanis Eco Tankers 2025 ESG Report
• Negative Sentiment: Unusually high put-option activity: Traders purchased 3,026 put contracts, 1,166% above average daily volume, indicating some short-term hedging or bearish positioning. This is a market signal rather than a change in company fundamentals.

Okeanis Eco Tankers Company Profile

Okeanis Eco Tankers Corp. is a Marshall Islands–incorporated, publicly traded shipping company specializing in the ownership and operation of eco-design product tankers. The company made its debut on the New York Stock Exchange under the ticker “ECO” in May 2019 following an initial public offering. It focuses on the acquisition of newbuilding medium-range (MR) and long-range (LR) product tankers designed to deliver enhanced fuel efficiency and reduced emissions.

As of its public listing, Okeanis Eco Tankers’ fleet comprises twelve eco-efficient vessels built by Hyundai Samho Heavy Industries in South Korea.