NASDAQ:DRYS - DryShips Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$5.09 -0.43 (-7.79 %)
(As of 11/20/2018 04:00 PM ET)
Previous Close$5.52
Today's Range$5.06 - $5.57
52-Week Range$2.74 - $6.90
Volume1.57 million shs
Average Volume1.19 million shs
Market Capitalization$550.15 million
P/E Ratio30.56
Dividend Yield0.89%
Beta1.19
DryShips Inc. owns and operates ocean going cargo vessels worldwide. It operates through four segments: Drybulk Carrier, Tanker, Gas Carrier, and Offshore Support. The Drybulk Carrier segment offers drybulk commodities transportation services for the steel, electric utility, construction, and agri-food industries. The Tanker segment provides transportation services for crude and refined petroleum cargoes. The Gas Carrier segment offers transportation services for liquefied gas cargoes. The Offshore Support segment provides offshore support services to the global offshore energy industry. As of May 29, 2018, the company operated a fleet of 34 vessels, including 11 Panamax drybulk vessels; 4 Newcastlemax drybulk vessels; 5 Kamsarmax drybulk vessels; 1 very large crude carrier; 2 Aframax tankers; 1 Suezmax tanker; 4 very large gas carriers; and 6 offshore support vessels, comprising 2 platform supply and 4 oil spill recovery vessels. DryShips Inc. was founded in 2004 and is based in Athens, Greece.

Receive DRYS News and Ratings via Email

Sign-up to receive the latest news and ratings for DRYS and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:DRYS
Previous Symbol
CUSIPN/A
Phone30-210-809-0570

Debt

Debt-to-Equity Ratio0.58
Current Ratio10.14
Quick Ratio10.14

Price-To-Earnings

Trailing P/E Ratio30.56
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$100.72 million
Price / Sales5.06
Cash FlowN/A
Price / CashN/A
Book Value$6.78 per share
Price / Book0.75

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$-42,540,000.00
Net Margins15.27%
Return on Equity2.41%
Return on Assets1.59%

Miscellaneous

Employees1
Outstanding Shares100,030,000
Market Cap$550.15 million
OptionableOptionable

DryShips (NASDAQ:DRYS) Frequently Asked Questions

What is DryShips' stock symbol?

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

How often does DryShips pay dividends? What is the dividend yield for DryShips?

DryShips declared a quarterly dividend on Thursday, May 10th. Investors of record on Friday, May 25th will be given a dividend of $0.0246 per share on Monday, June 11th. This represents a $0.10 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date is Thursday, May 24th. This is a boost from DryShips's previous quarterly dividend of $0.02. View DryShips' Dividend History.

When did DryShips' stock split? How did DryShips' stock split work?

DryShips's stock reverse split on the morning of 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.

How will DryShips' stock buyback program work?

DryShips announced that its Board of Directors has initiated a share buyback plan on Wednesday, February 7th 2018, which allows the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its stock is undervalued.

How were DryShips' earnings last quarter?

DryShips Inc. (NASDAQ:DRYS) posted its quarterly earnings data on Monday, October, 29th. The shipping company reported $0.17 earnings per share (EPS) for the quarter. The shipping company had revenue of $49.56 million for the quarter. DryShips had a net margin of 15.27% and a return on equity of 2.41%. View DryShips' Earnings History.

When is DryShips' next earnings date?

DryShips is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for DryShips.

Has DryShips been receiving favorable news coverage?

News headlines about DRYS stock have been trending somewhat positive this week, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. 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 coverage optimism score of 1.2 on InfoTrie's scale. They also gave press coverage about the shipping company a news buzz of 9.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future.

Who are some of DryShips' key competitors?

Who are DryShips' key executives?

DryShips' management team includes the folowing people:
  • Mr. George Economou, Founder, Chairman & CEO (Age 65)
  • Mr. Anthony Kandylidis, Pres, CFO & Director (Age 41)
  • Ms. Anastasia Pavli, Corp. Sec. (Age 36)
  • Mr. Prokopios N. Tsirigakis, VP of Offshore Segment (Age 63)
  • Mr. Dimitris Dreliozis, VP of Fin. (Age 41)

Who are DryShips' major shareholders?

DryShips' stock is owned by a variety of of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (0.52%), JPMorgan Chase & Co. (0.52%), Engineers Gate Manager LP (0.10%), Creative Planning (0.05%) and Jane Street Group LLC (0.04%). View Institutional Ownership Trends for DryShips.

Which institutional investors are selling DryShips stock?

DRYS stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Creative Planning and Jane Street Group LLC. View Insider Buying and Selling for DryShips.

Which institutional investors are buying DryShips stock?

DRYS stock was acquired by a variety of institutional investors in the last quarter, including Engineers Gate Manager LP. View Insider Buying and Selling for DryShips.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is DryShips' stock price today?

One share of DRYS stock can currently be purchased for approximately $5.09.

How big of a company is DryShips?

DryShips has a market capitalization of $550.15 million and generates $100.72 million in revenue each year. DryShips employs 1 workers across the globe.

What is DryShips' official website?

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

How can I contact DryShips?

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]


MarketBeat Community Rating for DryShips (NASDAQ DRYS)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  191 (Vote Outperform)
Underperform Votes:  276 (Vote Underperform)
Total Votes:  467
MarketBeat's community ratings are surveys of what our community members think about DryShips and other stocks. Vote "Outperform" if you believe DRYS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DRYS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/20/2018 by MarketBeat.com Staff

Featured Article: What is a stock buyback?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel