Capital Clean Energy Carriers (NASDAQ:CCEC) Issues Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Key Points

• Capital Clean Energy Carriers reported Q1 EPS of $0.48, beating estimates by $0.04, though revenue missed at $98.01 million and net income fell to $18.3 million from $32.7 million due to off‑hire, special‑survey and higher voyage costs.
• The company bolstered liquidity by issuing a €250 million bond at 3.75%, ending the quarter with $546 million cash, approving a $20 million buyback and monetizing 49% of Amore Mio I for $230 million, raising LNG contracted backlog to over $2.9 billion.
• Management declared a quarterly dividend of $0.15 (annualized $0.60, ~2.9% yield) while Wall Street consensus remains a Hold with a $24.75 price target.

Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.04, reports. The firm had revenue of $98.01 million for the quarter, compared to analysts' expectations of $101.99 million. Capital Clean Energy Carriers had a return on equity of 7.85% and a net margin of 41.51%.

Here are the key takeaways from Capital Clean Energy Carriers' conference call:

• The company strengthened liquidity and capital flexibility by issuing a EUR 250 million bond at 3.75%, finishing the quarter with $546 million cash (net leverage ~45.6%) and board approval of a $20 million share buyback program.
• CCC monetized and de‑risked a unit by agreeing to sell 49% of Amore Mio I for $230 million to BGN while securing a 10‑year time charter, boosting LNG contracted backlog to >$2.9 billion (97 years at ~$86,400/day; up to $4.3bn if options exercised).
• First‑quarter net income fell to $18.3 million (from $32.7m Y/Y), driven by off‑hire and special‑survey costs and higher voyage expenses (~$6.2 million, including $2.7m war‑risk premiums that were reimbursed); four LNG vessels hit 5‑year drydocks in 2026 with guidance of ~$5m per drydock and ~20–25 off‑hire days.
• Geopolitical supply shocks (Qatar outage) have raised LNG prices, extended ton‑miles and accelerated scrapping of older ships, creating strong demand and rate tailwinds that favor CCC’s modern fleet (CCC controls >15% of available newbuilding LNG tonnage and advanced some deliveries to capture higher near‑term rates).
• Management says the remaining newbuild CapEx is effectively funded assuming ~70% debt on unfunded vessels (and excludes internal cash flows), which, if realized, would free up cash — the outcome depends on financing execution and market conditions.

Capital Clean Energy Carriers Stock Performance

CCEC traded up $0.18 during trading on Thursday, reaching $20.39. The company's stock had a trading volume of 11,190 shares, compared to its average volume of 7,302. Capital Clean Energy Carriers has a 52-week low of $16.77 and a 52-week high of $24.83. The company's fifty day moving average price is $20.51 and its 200-day moving average price is $20.88. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of 7.10 and a beta of 0.59. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.36 and a current ratio of 1.38.

Capital Clean Energy Carriers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Monday, May 11th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Monday, May 11th. Capital Clean Energy Carriers's payout ratio is currently 20.91%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Weiss Ratings restated a "hold (c)" rating on shares of Capital Clean Energy Carriers in a research report on Wednesday, April 22nd. Zacks Research upgraded Capital Clean Energy Carriers from a "strong sell" rating to a "hold" rating in a research report on Tuesday. Finally, Jefferies Financial Group boosted their price target on Capital Clean Energy Carriers from $20.00 to $23.00 and gave the company a "hold" rating in a research report on Monday. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $24.75.

Institutional Investors Weigh In On Capital Clean Energy Carriers

Institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in Capital Clean Energy Carriers in the 2nd quarter valued at approximately $127,000. Squarepoint Ops LLC purchased a new stake in Capital Clean Energy Carriers in the 3rd quarter valued at approximately $382,000. Geode Capital Management LLC boosted its holdings in Capital Clean Energy Carriers by 10.1% in the 2nd quarter. Geode Capital Management LLC now owns 17,702 shares of the company's stock valued at $414,000 after purchasing an additional 1,621 shares in the last quarter. Millennium Management LLC boosted its holdings in Capital Clean Energy Carriers by 2.5% in the 4th quarter. Millennium Management LLC now owns 26,543 shares of the company's stock valued at $547,000 after purchasing an additional 651 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Capital Clean Energy Carriers by 59.8% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,107 shares of the company's stock valued at $3,065,000 after purchasing an additional 49,075 shares in the last quarter.

About Capital Clean Energy Carriers

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. In addition, the company produces and distributes oil and natural gas, including biofuels, motor oil, lubricants, petrol, crudes, liquefied natural gas, marine fuels, natural gas liquids, and petrochemicals.

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