Capital Clean Energy Carriers (CCEC) to Release Earnings on Friday

Capital Clean Energy Carriers (NASDAQ:CCEC) is expected to issue its quarterly earnings data before the market opens on Friday, February 7th. Analysts expect the company to announce earnings of $0.50 per share and revenue of $109.83 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Capital Clean Energy Carriers Trading Up 2.0 %

CCEC stock opened at $19.12 on Friday. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.66 and a current ratio of 1.68. The company has a 50-day simple moving average of $18.38. Capital Clean Energy Carriers has a 12 month low of $14.45 and a 12 month high of $20.26. The firm has a market cap of $1.06 billion, a P/E ratio of 14.71 and a beta of 0.83.

Capital Clean Energy Carriers Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 12th. Shareholders of record on Thursday, February 6th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.14%. The ex-dividend date of this dividend is Thursday, February 6th. Capital Clean Energy Carriers’s payout ratio is currently 46.15%.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Raymond James assumed coverage on shares of Capital Clean Energy Carriers in a research note on Friday, January 24th. They set an “outperform” rating and a $26.00 target price for the company. Fearnley Fonds upgraded Capital Clean Energy Carriers to a “strong-buy” rating in a research report on Thursday, October 10th.

Capital Clean Energy Carriers Company Profile

Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company’s vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers.