Okeanis Eco Tankers Corp. (ECO) AI Stock Analysis

NYSE: ECOAI research summary: business, growth, valuation, analysts, bull and bear case.

ECO AI stock analysis summary

AI Research

Okeanis Eco Tankers Corp. (ECO) is a global marine shipping company operating a modern fleet of crude oil tankers. Over the trailing twelve months, the company generated $706.5M in revenue with a 56.9% net profit margin, alongside a forward dividend yield of 10.65%. The stock trades at a trailing price-to-earnings multiple of 8.3x following a 250.0% gain over the past year.

Market cap
$3.50B
Revenue (TTM)
$706.5M
P/E
8.3x
fwd 11.2x
1Y return
250.0%
S&P 500 16.8%
Avg. target
$100.00
11.5% vs last close

Bull case

  • In the latest quarter ended June 30, 2026, quarterly revenue expanded 239.4% and quarterly earnings rose 606.3% year-over-year.
  • The stock trades at an EV/EBITDA of 7.2x, compared to the median of 13.9x for its US-listed Industrials peers.
  • Shareholders receive an annualized forward dividend yield of 10.65%, supported by an 88.5% payout ratio and 7 consecutive years of payments.

Bear case

  • Analyst consensus expects next fiscal year earnings per share to decline 61.3% to $5.93 on a 40.0% drop in revenue.
  • The company carries total debt of $722.5M and net debt of $499.9M as of June 30, 2026.
  • The share count increased 20.7% over the past 5 years following activities such as $110.4M in share issuance in FY2025.

What Okeanis Eco Tankers does

Okeanis Eco Tankers Corp. specializes in the ownership, chartering, and operation of oil tanker vessels. The company offers shipping services such as technical support, maintenance, and insurance consulting. Headquartered in Piraeus, Greece, its operational fleet consists of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted Very Large Crude Carrier (VLCC) tankers. The company utilizes advanced technology and scrubber systems across its modern fleet to reduce sulfur emissions and adhere to international environmental regulations, serving a global base of oil transportation clients.

Growth and profitability

Annual revenue grew from $169.0M in FY2021 to $413.1M in FY2023, before slightly declining to $393.2M in FY2024 and $391.5M in FY2025. Over the five years from FY2020 to FY2025, revenue achieved a compound annual growth rate of 6.7%. Net income improved from -$902,899 in FY2021 to $123.0M in FY2025, generating diluted earnings per share of $3.77. In the latest quarter ended June 30, 2026, quarterly revenue grew 239.4% year-over-year, while quarterly earnings grew 606.3% year-over-year. For the trailing twelve months, operating margin reached 75.0% and return on equity was 61.6%.

ECO income statement →

Balance sheet and cash flow

As of June 30, 2026, Okeanis Eco Tankers held $222.6M in cash and short-term investments against total debt of $722.5M, resulting in net debt of $499.9M. Total assets stood at $1.65B against shareholders' equity of $877.5M, yielding a debt-to-equity ratio of 0.82 and a current ratio of 4.43. During FY2025, operating cash flow was $111.3M and free cash flow was $71.1M. Cash outlays included capital expenditures of $40.2M and dividends paid of $70.7M, alongside $110.4M raised through share issuance.

ECO balance sheet →

Valuation and performance

At $89.70 per share, Okeanis Eco Tankers carries a market capitalization of $3.50B and an enterprise value of $3.52B. The company trades at a trailing price-to-earnings ratio of 8.3x and a forward price-to-earnings ratio of 11.2x, below the median of its US-listed Industrials peers of 24.8x and 17.2x, respectively. Its enterprise value-to-EBITDA stands at 7.2x versus the peer median of 13.9x, while its price-to-sales ratio of 5.0x trades above the peer median of 1.5x. Over the past year, the stock returned 250.0%, compared to a 16.8% return for the S&P 500.

ECO key metrics →

ECO dividend

Okeanis Eco Tankers pays a quarterly dividend with an annualized forward payout of $9.55 per share, representing a dividend yield of 10.65%. The payout ratio is 88.5%, and dividends have been paid for 7 consecutive years. Over the past five years, the dividend increased at an annualized growth rate of 9.4%. The last ex-dividend date occurred on August 14, 2026.

ECO dividend history →

What analysts expect

Wall Street coverage includes 1 analyst rating, categorized as Strong Buy. The mean price target is $100.00, representing an 11.5% premium to the last close of $89.70. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $847.6M and earnings per share of $15.33. For the next fiscal year, estimates project revenue of $508.8M and earnings per share of $5.93. The company has beat earnings per share estimates in each of the last 4 quarters, and its next earnings date is November 11, 2026.

ECO forecast and price target →

Key risks and what to watch

  • Earnings normalization poses a headwind, as analyst estimates forecast earnings per share to drop from $15.33 in FY2026 to $5.93 in FY2027.
  • Net debt of $499.9M represents a sizable liability relative to trailing twelve-month revenue of $706.5M.
  • The high dividend payout ratio of 88.5% leaves modest retained cash flow if shipping rates soften.
  • With only 1 analyst covering the stock, public consensus visibility and institutional coverage remain narrow.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this ECO AI stock analysis

This page is an AI-written research summary of Okeanis Eco Tankers Corp. (ECO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: ECO income statement, ECO balance sheet, ECO key metrics, ECO analyst forecast, ECO chart. See the ECO stock overview for the latest quote and news.

ECO AI stock analysis FAQ

What is Okeanis Eco Tankers' dividend yield?

Okeanis Eco Tankers pays a quarterly dividend with an annualized forward rate of $9.55 per share, which corresponds to a dividend yield of 10.65%.

What are analysts forecasting for ECO's earnings?

For the fiscal year ending December 31, 2026, analysts estimate earnings per share of $15.33 on $847.6M in revenue. For the following fiscal year, estimates project earnings per share to drop 61.3% to $5.93 on $508.8M in revenue.

How much debt does Okeanis Eco Tankers carry?

As of June 30, 2026, the company had $722.5M in total debt and $222.6M in cash and short-term investments, resulting in net debt of $499.9M and a debt-to-equity ratio of 0.82.

When does Okeanis Eco Tankers report earnings next?

The company's next earnings report date is scheduled for November 11, 2026.

More Industrials AI stock analysis