NASDAQ:DRYS - DryShips Stock Price, Forecast & News

DryShips trades on the NASDAQ under the ticker symbol "DRYS."

Shares of DryShips reverse split on Friday, July 21st 2017. The 1-7 reverse split was announced on Tuesday, July 18th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, July 20th 2017. An investor that had 100 shares of DryShips stock prior to the reverse split would have 14 shares after the split.

DryShips announced that its Board of Directors has approved a share buyback plan on Wednesday, February 7th 2018, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.

DryShips Inc. (NASDAQ:DRYS) announced its quarterly earnings data on Tuesday, September, 17th. The shipping company reported ($0.06) EPS for the quarter. The shipping company had revenue of $40.50 million for the quarter. DryShips had a return on equity of 2.87% and a net margin of 3.38%. View DryShips' Earnings History.

DryShips is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for DryShips.

Media headlines about DRYS stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. DryShips earned a daily sentiment score of -1.9 on InfoTrie's scale. They also assigned media coverage about the shipping company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for DryShips.

Some companies that are related to DryShips include Ship Finance International (SFL), COSTAMARE INC/SH (CMRE), DHT (DHT), Star Bulk Carriers (SBLK), PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), Dorian LPG (LPG), Navigator (NVGS), Teekay (TK), Scorpio Bulkers (SALT), Genco Shipping & Trading (GNK), TSAKOS ENERGY N/SH (TNP), Eagle Bulk Shipping (EGLE), Diana Shipping (DSX) and Ardmore Shipping (ASC).

Based on aggregate information from My MarketBeat watchlists, some companies that other DryShips investors own include Rite Aid (RAD), Zynga (ZNGA), TOP SHIPS (TOPS), Frontier Communications (FTR), Bank of America (BAC), Sirius XM (SIRI), Twitter (TWTR), Advanced Micro Devices (AMD), Genworth Financial (GNW) and Aimia (AIM).

DryShips' stock is owned by many different of institutional and retail investors. Top institutional investors include Gabelli Funds LLC (0.62%), Gamco Investors INC. ET AL (0.28%), Syquant Capital Sas (0.10%), Millennium Management LLC (0.03%) and State Street Corp (0.03%). View Institutional Ownership Trends for DryShips.

DRYS stock was sold by a variety of institutional investors in the last quarter, including State Street Corp. View Insider Buying and Selling for DryShips.

DRYS stock was bought by a variety of institutional investors in the last quarter, including Gabelli Funds LLC, Gamco Investors INC. ET AL, Syquant Capital Sas and Millennium Management LLC. View Insider Buying and Selling for DryShips.

Shares of DRYS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of DRYS stock can currently be purchased for approximately $5.24.

DryShips has a market capitalization of $457.09 million and generates $186.13 million in revenue each year. View Additional Information About DryShips.

The official website for DryShips is http://www.dryships.com/.

DryShips' mailing address is 109 KIFISSIAS AVENUE AND SINA STREET MAROUSI, ATHENS J3, 15124. The shipping company can be reached via phone at 30-210-809-0570 or via email at [email protected]