Navigator (NVGS) Set to Announce Earnings on Wednesday

Navigator (NYSE:NVGS - Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 15th. Analysts expect Navigator to post earnings of $0.31 per share for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

Navigator (NYSE:NVGS - Get Free Report) last issued its earnings results on Wednesday, March 13th. The shipping company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.31 by $0.01. The company had revenue of $123.52 million for the quarter, compared to the consensus estimate of $114.37 million. Navigator had a net margin of 14.94% and a return on equity of 6.96%. On average, analysts expect Navigator to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Navigator Price Performance

Shares of Navigator stock traded up $0.50 during mid-day trading on Wednesday, reaching $16.30. 236,301 shares of the stock were exchanged, compared to its average volume of 185,131. The company has a market cap of $1.19 billion, a price-to-earnings ratio of 14.68 and a beta of 1.45. Navigator has a fifty-two week low of $12.33 and a fifty-two week high of $16.48. The company has a current ratio of 1.38, a quick ratio of 1.33 and a debt-to-equity ratio of 0.59. The firm has a 50-day simple moving average of $15.20 and a 200 day simple moving average of $15.04.


Navigator Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 25th. Stockholders of record on Thursday, April 4th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date was Wednesday, April 3rd. Navigator's dividend payout ratio (DPR) is currently 18.02%.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reaffirmed a "buy" rating and set a $20.00 price target on shares of Navigator in a report on Thursday, March 14th.

View Our Latest Research Report on Navigator

About Navigator

(Get Free Report)

Navigator Holdings Ltd. engages in owning and operating a fleet of liquefied gas carriers worldwide. It provides international and regional seaborne transportation services of petrochemical gases, liquefied petroleum gases, and ammonia for energy companies, industrial users, and commodity traders. The company also offers ship shore infrastructure and consultancy services.

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Earnings History for Navigator (NYSE:NVGS)

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