Capital Clean Energy Carriers (CCEC) Projected to Post Quarterly Earnings on Thursday

Capital Clean Energy Carriers (NASDAQ:CCEC) is anticipated to post its quarterly earnings results before the market opens on Thursday, February 6th. Analysts expect Capital Clean Energy Carriers to post earnings of $0.36 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 Down 2.3 %

Shares of Capital Clean Energy Carriers stock opened at $18.75 on Tuesday. The stock has a 50-day moving average price of $18.41. 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 stock has a market capitalization of $1.09 billion, a P/E ratio of 14.42 and a beta of 0.83. Capital Clean Energy Carriers has a 12-month low of $14.45 and a 12-month high of $20.26.

Capital Clean Energy Carriers Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 12th. Stockholders of record on Thursday, February 6th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, February 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.20%. Capital Clean Energy Carriers’s dividend payout ratio (DPR) is currently 46.15%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CCEC. Fearnley Fonds raised Capital Clean Energy Carriers to a “strong-buy” rating in a report on Thursday, October 10th. Raymond James started coverage on shares of Capital Clean Energy Carriers in a research report on Friday, January 24th. They set an “outperform” rating and a $26.00 target price for the company.

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.