DryShips Inc. owns and operates ocean going cargo vessels worldwide. It operates through two segments, Drybulk and Offshore Support. The Drybulk segment offers drybulk commodities transportation services for the steel, electric utility, construction, and agri-food industries. The Offshore Support segment provides its services to the global offshore energy industry. As of September 12, 2017, the company owned a fleet of 13 Panamax drybulk vessels; 4 Newcastlemax drybulk vessels; 5 Kamsarmax drybulk vessels; 1 very large crude carrier; 2 Aframax tankers; 1 Suezmax tanker; 2 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
Stock Exchange NASDAQ
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
SymbolNASDAQ:DRYS
CUSIPN/A
Phone30-210-809-0570
Debt
Debt-to-Equity Ratio0.39
Current Ratio3.77
Quick Ratio3.77
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$100.72 million
Price / Sales4.89
Cash FlowN/A
Price / CashN/A
Book Value$6.78 per share
Price / Book0.73
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-42,540,000.00
Net Margins-13.98%
Return on Equity-5.23%
Return on Assets-3.70%
Miscellaneous
Employees12
Outstanding Shares100,030,000
Market Cap$492.14
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 announced a quarterly dividend on Thursday, May 10th. Stockholders of record on Friday, May 25th will be paid a dividend of $0.0246 per share on Monday, June 11th. This represents a $0.10 annualized dividend and a dividend yield of 2.00%. The ex-dividend date of this dividend is Thursday, May 24th. This is an increase 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 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 approved a stock repurchase plan on Wednesday, February 7th 2018, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's board believes its stock is undervalued.
How were DryShips' earnings last quarter?
DryShips Inc. (NASDAQ:DRYS) released its earnings results on Tuesday, May, 8th. The shipping company reported $0.01 EPS for the quarter. The shipping company had revenue of $44.06 million for the quarter. DryShips had a negative net margin of 13.98% and a negative return on equity of 5.23%. View DryShips' Earnings History.
When is DryShips' next earnings date?
What is the consensus analysts' recommendation for DryShips?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DryShips in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
Who are some of DryShips' key competitors?
Some companies that are related to DryShips include Ship Finance International (SFL), Euronav (EURN), Pac BASIN SHIPP/ADR (PCFBY), SEASPAN Corp/SH SH (SSW), Seacor (CKH), Frontline (FRO), COSTAMARE Inc/SH (CMRE), Star Bulk Carriers (SBLK), Scorpio Tankers (STNG), Teekay (TK), Navigator (NVGS), DHT (DHT), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT) and Gener8 Maritime (GNRT).
Who are DryShips' key executives?
DryShips' management team includes the folowing people:
- Mr. George Economou, Founder, Chairman and Chief Exec. Officer (Age 65)
- Mr. Anthony Kandylidis, Pres, Chief Financial Officer and 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)
Has DryShips been receiving favorable news coverage?
News coverage about DRYS stock has been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. DryShips earned a daily sentiment score of 0.15 on Accern's scale. They also assigned media coverage about the shipping company an impact score of 47.71 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are DryShips' major shareholders?
Which major 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 $4.92.
How big of a company is DryShips?
DryShips has a market capitalization of $492.14 million and generates $100.72 million in revenue each year. DryShips employs 12 workers across the globe.
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.
