Okeanis Eco Tankers (NYSE:ECO – Get Free Report) is one of 55 publicly-traded companies in the “Deep sea foreign transportation of freight” industry, but how does it weigh in compared to its competitors? We will compare Okeanis Eco Tankers to similar companies based on the strength of its earnings, risk, valuation, dividends, profitability, institutional ownership and analyst recommendations.
Profitability
This table compares Okeanis Eco Tankers and its competitors’ 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 | 31.79% | 16.24% | 8.43% |
Earnings & Valuation
This table compares Okeanis Eco Tankers and its competitors revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Okeanis Eco Tankers | $403.85 million | $145.25 million | 7.89 |
Okeanis Eco Tankers Competitors | $790.78 million | $124.46 million | 13.67 |
Institutional and Insider Ownership
43.5% of shares of all “Deep sea foreign transportation of freight” companies are held by institutional investors. 15.5% of shares of all “Deep sea foreign transportation of freight” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Analyst Recommendations
This is a breakdown of current ratings and target prices for Okeanis Eco Tankers and its competitors, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Okeanis Eco Tankers | 0 | 0 | 1 | 0 | 3.00 |
Okeanis Eco Tankers Competitors | 262 | 1566 | 1841 | 79 | 2.46 |
Okeanis Eco Tankers currently has a consensus price target of $44.00, indicating a potential upside of 33.01%. As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 20.79%. Given Okeanis Eco Tankers’ stronger consensus rating and higher probable upside, equities analysts clearly believe Okeanis Eco Tankers is more favorable than its competitors.
Dividends
Okeanis Eco Tankers pays an annual dividend of $4.40 per share and has a dividend yield of 13.3%. 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 5.4% and pay out 39.6% of their earnings in the form of a dividend.
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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