NASDAQ:DRYS - DryShips Stock Price, Price Target & More

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$5.07 +0.21 (+4.32 %)
(As of 06/19/2018 06:10 AM ET)
Previous Close$4.86
Today's Range$4.82 - $5.24
52-Week Range$0.98 - $47.25
Volume1.60 million shs
Average Volume1.17 million shs
Market Capitalization$493.09 million
P/E RatioN/A
Dividend Yield2.04%
Beta1.34
DryShips logoDryShips 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.

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Industry, Sector and Symbol

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 / Sales5.11
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 Margins-13.98%
Return on Equity-5.23%
Return on Assets-3.70%

Miscellaneous

Employees12
Outstanding Shares101,460,000

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 annualized dividend and a yield of 1.94%. The ex-dividend date 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?

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 market closes 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 has initiated a share buyback program on Wednesday, February 7th 2018, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's board believes its shares are undervalued.

How were DryShips' earnings last quarter?

DryShips Inc. (NASDAQ:DRYS) issued its quarterly earnings results on Tuesday, May, 8th. The shipping company reported $0.01 earnings per share for the quarter. The shipping company had revenue of $44.06 million for the quarter. DryShips had a negative return on equity of 5.23% and a negative net margin of 13.98%. View DryShips' Earnings History.

When is DryShips' next earnings date?

DryShips is scheduled to release their next quarterly earnings announcement on Wednesday, August, 29th 2018. View Earnings Estimates for DryShips.

Are investors shorting DryShips?

DryShips saw a decrease in short interest in the month of May. As of May 31st, there was short interest totalling 2,667,714 shares, a decrease of 35.9% from the May 15th total of 4,160,750 shares. Based on an average daily volume of 1,135,273 shares, the short-interest ratio is presently 2.3 days. Currently, 9.5% of the shares of the stock are sold short.

Who are some of DryShips' key competitors?

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?

Media stories about DRYS stock have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DryShips earned a news impact score of 0.15 on Accern's scale. They also gave news stories about the shipping company an impact score of 46.32 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are DryShips' major shareholders?

DryShips' stock is owned by many different of retail and institutional investors. Top institutional shareholders include ECONOMOU GEORGE (71.60%), Susquehanna Fundamental Investments LLC (0.26%) and Millennium Management LLC (0.06%). View Institutional Ownership Trends for DryShips.

Which major investors are selling DryShips stock?

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

Which major investors are buying DryShips stock?

DRYS stock was acquired by a variety of institutional investors in the last quarter, including Susquehanna Fundamental Investments LLC. 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 $5.07.

How big of a company is DryShips?

DryShips has a market capitalization of $493.09 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 (DRYS)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  163 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  397
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 6/19/2018 by MarketBeat.com Staff

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