Okeanis Eco Tankers (NYSE:ECO – Get Free Report) is one of 54 public companies in the “Deep sea foreign transportation of freight” industry, but how does it contrast to its rivals? We will compare Okeanis Eco Tankers to related companies based on the strength of its earnings, dividends, analyst recommendations, institutional ownership, profitability, valuation and risk.
Dividends
Okeanis Eco Tankers pays an annual dividend of $4.40 per share and has a dividend yield of 12.7%. Okeanis Eco Tankers pays out 105.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Deep sea foreign transportation of freight” companies pay a dividend yield of 5.7% and pay out 36.7% of their earnings in the form of a dividend.
Valuation and Earnings
This table compares Okeanis Eco Tankers and its rivals gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Okeanis Eco Tankers | $403.85 million | $145.25 million | 8.24 |
Okeanis Eco Tankers Competitors | $784.96 million | $123.94 million | 11.66 |
Profitability
This table compares Okeanis Eco Tankers and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Okeanis Eco Tankers | 30.17% | 28.35% | 10.54% |
Okeanis Eco Tankers Competitors | 32.55% | 16.76% | 8.78% |
Institutional and Insider Ownership
45.9% of shares of all “Deep sea foreign transportation of freight” companies are held by institutional investors. 13.8% of shares of all “Deep sea foreign transportation of freight” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Analyst Recommendations
This is a summary of current recommendations and price targets for Okeanis Eco Tankers and its rivals, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Okeanis Eco Tankers | 0 | 0 | 1 | 0 | 3.00 |
Okeanis Eco Tankers Competitors | 256 | 1490 | 1776 | 82 | 2.47 |
Okeanis Eco Tankers currently has a consensus target price of $44.00, suggesting a potential upside of 27.50%. As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 24.36%. Given Okeanis Eco Tankers’ stronger consensus rating and higher probable upside, equities analysts plainly believe Okeanis Eco Tankers is more favorable than its rivals.
Okeanis Eco Tankers Company Profile
Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.
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