Okeanis Eco Tankers (NYSE:ECO) Hits New 1-Year High After Strong Earnings

Okeanis Eco Tankers Corp. (NYSE:ECO)’s stock price reached a new 52-week high on Wednesday following a stronger than expected earnings report. The company traded as high as $62.79 and last traded at $62.7370, with a volume of 30333 shares changing hands. The stock had previously closed at $59.23.

The company reported $5.91 EPS for the quarter, topping the consensus estimate of $4.61 by $1.30. The firm had revenue of $268.14 million for the quarter, compared to the consensus estimate of $220.28 million. Okeanis Eco Tankers had a net margin of 41.26% and a return on equity of 37.13%.

Okeanis Eco Tankers Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Thursday, May 28th were paid a dividend of $2.00 per share. This is a boost from Okeanis Eco Tankers’s previous quarterly dividend of $1.55. The ex-dividend date was Thursday, May 28th. This represents a $8.00 annualized dividend and a dividend yield of 12.8%. Okeanis Eco Tankers’s dividend payout ratio is currently 141.34%.

Okeanis Eco Tankers News Roundup

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

• Positive Sentiment: Q2 earnings and revenue beat estimates. Okeanis Eco Tankers reported quarterly EPS of $5.91, exceeding the $4.61 analyst consensus, while revenue reached $268.14 million versus expectations of $220.28 million. Earnings also rose sharply from $0.83 per share a year earlier, supported by strong tanker-market performance. Okeanis Eco Tankers quarterly earnings report
• Positive Sentiment: Management signaled a strong third quarter. The company reportedly expects continued favorable conditions and is guiding toward a robust third-quarter result, reinforcing expectations for sustained cash generation. Okeanis Eco Tankers third-quarter outlook
• Positive Sentiment: A $5.25-per-share dividend was declared. The payout enhances ECO’s income appeal and signals confidence in near-term cash flows, although the stock will typically adjust around the ex-dividend date. Okeanis Eco Tankers Q2 2026 dividend announcement
• Neutral Sentiment: The company published its fifth ESG report under GRI 2021 and SASB standards. The disclosure may support institutional interest but is unlikely to be a major immediate price catalyst. Okeanis Eco Tankers 2025 ESG report
• Negative Sentiment: Put-option activity increased substantially. Traders bought 3,026 puts, 1,166% above average daily volume. This may indicate hedging or a bearish short-term view, though options activity alone does not confirm a decline.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. B. Riley Financial boosted their target price on Okeanis Eco Tankers from $55.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Wall Street Zen downgraded Okeanis Eco Tankers from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings reissued a “hold (c+)” rating on shares of Okeanis Eco Tankers in a research report on Thursday, June 18th. Clarkson Capital cut shares of Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 15th. Finally, Pareto Securities downgraded shares of Okeanis Eco Tankers from a “buy” rating to a “hold” rating and set a $57.50 price objective for the company. in a report on Monday, May 25th. One research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $59.52.

Institutional Investors Weigh In On Okeanis Eco Tankers

Several hedge funds have recently modified their holdings of the business. Encompass Capital Advisors LLC acquired a new stake in shares of Okeanis Eco Tankers in the fourth quarter worth $27,416,000. Fearnley Asset Management AS acquired a new stake in Okeanis Eco Tankers in the 4th quarter worth $18,696,000. Marshall Wace LLP bought a new position in shares of Okeanis Eco Tankers during the 4th quarter worth about $10,911,000. JPMorgan Chase & Co. bought a new position in shares of Okeanis Eco Tankers during the 4th quarter worth about $5,222,000. Finally, Bank of America Corp DE raised its position in shares of Okeanis Eco Tankers by 96.7% during the first quarter. Bank of America Corp DE now owns 278,305 shares of the company’s stock valued at $14,079,000 after buying an additional 136,782 shares during the last quarter.

Okeanis Eco Tankers Trading Up 5.9%

The firm has a market cap of $2.45 billion, a P/E ratio of 11.08 and a beta of -0.15. The company’s 50 day moving average is $53.30 and its two-hundred day moving average is $50.12. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.70 and a quick ratio of 1.56.

About Okeanis Eco Tankers

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.