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.
Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Phone30-210-809-0570
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$186.13 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/14/2019 (Estimated)
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. Stockholders 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 annualized dividend and a dividend yield of 2.08%. The ex-dividend date of this dividend is Thursday, May 24th. This is a positive change 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 shares reverse split before market open 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.
How will DryShips' stock buyback program work?
DryShips declared that its Board of Directors has approved a stock buyback plan on Wednesday, February 7th 2018, which permits the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's leadership believes its shares are undervalued.
How were DryShips' earnings last quarter?
DryShips Inc. (NASDAQ:DRYS) posted its quarterly earnings results on Monday, August, 8th. The shipping company reported ($83.30) earnings per share for the quarter. The shipping company earned $13.20 million during the quarter, compared to analyst estimates of $403.20 million. DryShips had a return on equity of 3.74% and a net margin of 11.70%. View DryShips' Earnings History.
When is DryShips' next earnings date?
Has DryShips been receiving favorable news coverage?
Media stories about DRYS stock have been trending neutral on Friday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press 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 five, with scores closest to five being the most favorable. DryShips earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave media headlines about the shipping company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the immediate future.
Who are some of DryShips' key competitors?
Some companies that are related to DryShips include Ship Finance International (SFL), Frontline (FRO), PAC BASIN SHIPP/ADR (PCFBY), Scorpio Tankers (STNG), Seacor (CKH), DHT (DHT), Navigator (NVGS), COSTAMARE INC/SH (CMRE), Star Bulk Carriers (SBLK), Teekay (TK), Genco Shipping & Trading (GNK), Dorian LPG (LPG), Eagle Bulk Shipping (EGLE), Scorpio Bulkers (SALT) and Capital Product Partners (CPLP).
What other stocks do shareholders of DryShips own?
Who are DryShips' key executives?
DryShips' management team includes the folowing people:
- Mr. George Economou, Founder, Chairman & CEO (Age 66)
- Mr. Anthony Kandylidis, Pres, CFO & Director (Age 42)
- Ms. Anastasia Pavli, Corp. Sec. (Age 37)
- Mr. Prokopios N. Tsirigakis, VP of Offshore Segment (Age 64)
- Mr. Dimitris Dreliozis, VP of Fin. (Age 42)
Who are DryShips' major shareholders?
DryShips' stock is owned by a number of of retail and institutional investors. Top institutional investors include Northern Trust Corp (0.04%), Creative Planning (0.04%), Barclays PLC (0.03%), Millennium Management LLC (0.02%) and Jane Street Group LLC (0.01%). View Institutional Ownership Trends for DryShips.
Which institutional investors are selling DryShips stock?
Which institutional investors are buying DryShips stock?
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 $4.73.
How big of a company is DryShips?
DryShips has a market capitalization of $412.61 million and generates $186.13 million in revenue each year.
What is DryShips' official website?
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)
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.
