Capital Clean Energy Carriers (CCEC) Scheduled to Post Earnings on Friday

Posted by Defense World Staff on Nov 7th, 2024

Capital Clean Energy Carriers (NASDAQ:CCEC – Get Free Report) is set to announce its earnings results before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of $0.48 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Capital Clean Energy Carriers Price Performance

Shares of CCEC opened at $18.83 on Thursday. The business’s 50-day moving average is $18.39. The company has a quick ratio of 0.50, a current ratio of 0.53 and a debt-to-equity ratio of 1.99. The company has a market capitalization of $1.04 billion, a P/E ratio of 7.39 and a beta of 0.86. Capital Clean Energy Carriers has a 1 year low of $12.70 and a 1 year high of $20.26.

Capital Clean Energy Carriers Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Monday, November 11th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, November 11th. This represents a $0.60 annualized dividend and a yield of 3.19%. Capital Clean Energy Carriers’s payout ratio is 23.53%.

Analysts Set New Price Targets

A number of brokerages have weighed in on CCEC. Fearnley Fonds upgraded Capital Clean Energy Carriers to a “strong-buy” rating in a report on Thursday, October 10th. Evercore ISI started coverage on Capital Clean Energy Carriers in a research note on Thursday, September 5th. They set an “outperform” rating and a $22.00 target price for the company.

Get Our Latest Stock Report on CCEC

About Capital Clean Energy Carriers

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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.