Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) released its earnings results on Thursday. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.11, Zacks reports. Capital Clean Energy Carriers had a return on equity of 10.91% and a net margin of 55.58%. The firm had revenue of $104.20 million for the quarter, compared to analysts' expectations of $109.11 million.
Capital Clean Energy Carriers Stock Performance
Capital Clean Energy Carriers stock opened at $22.36 on Friday. Capital Clean Energy Carriers has a 12-month low of $14.09 and a 12-month high of $24.83. The company has a quick ratio of 1.81, a current ratio of 1.83 and a debt-to-equity ratio of 1.72. The business's 50-day moving average price is $23.19 and its two-hundred day moving average price is $20.52. The stock has a market cap of $1.31 billion, a PE ratio of 7.01 and a beta of 0.41.
Capital Clean Energy Carriers Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 8th. Shareholders of record on Monday, August 4th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Monday, August 4th. Capital Clean Energy Carriers's payout ratio is currently 18.81%.
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.
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