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

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$4.36 -0.06 (-1.36 %)
(As of 08/19/2018 01:55 PM ET)
Previous Close$4.36
Today's Range$4.34 - $4.47
52-Week Range$1.84 - $6.90
Volume320,929 shs
Average Volume1.32 million shs
Market Capitalization$489.14 million
P/E RatioN/A
Dividend Yield2.32%
Beta1.35
DryShips logoDryShips 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.

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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 Ratio0.58
Current Ratio4.25
Quick Ratio4.25

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 / Sales4.33
Cash FlowN/A
Price / CashN/A
Book Value$6.78 per share
Price / Book0.64

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$-42,540,000.00
Net Margins0.39%
Return on Equity-2.27%
Return on Assets-1.56%

Miscellaneous

Employees12
Outstanding Shares100,030,000
Market Cap$489.14 million

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 paid a dividend of $0.0246 per share on Monday, June 11th. This represents a $0.10 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend 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?

Shares of DryShips 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 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 announced that its board has authorized 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 usually a sign that the company's management believes its shares are undervalued.

How were DryShips' earnings last quarter?

DryShips Inc. (NASDAQ:DRYS) posted its quarterly earnings data on Tuesday, July, 31st. The shipping company reported $0.02 earnings per share (EPS) for the quarter. The shipping company earned $43.26 million during the quarter. DryShips had a negative return on equity of 2.27% and a net margin of 0.39%. View DryShips' Earnings History.

When is DryShips' next earnings date?

DryShips is scheduled to release their next quarterly earnings announcement on Tuesday, November, 20th 2018. View Earnings Estimates for DryShips.

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)

Has DryShips been receiving favorable news coverage?

News coverage about DRYS stock has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DryShips earned a coverage optimism score of 0.11 on Accern's scale. They also assigned media coverage about the shipping company an impact score of 46.93 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for DryShips.

Who are DryShips' major shareholders?

DryShips' stock is owned by a number of of institutional and retail investors. Top institutional investors include Millennium Management LLC (0.14%), Price Capital Management Inc. (0.12%), Creative Planning (0.08%), Jane Street Group LLC (0.06%) and Tower Research Capital LLC TRC (0.03%). View Institutional Ownership Trends for DryShips.

Which major investors are buying DryShips stock?

DRYS stock was acquired by a variety of institutional investors in the last quarter, including Price Capital Management Inc., Millennium Management LLC, Jane Street Group LLC, Tower Research Capital LLC TRC and Creative Planning. 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 $4.36.

How big of a company is DryShips?

DryShips has a market capitalization of $489.14 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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  178 (Vote Outperform)
Underperform Votes:  257 (Vote Underperform)
Total Votes:  435
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 8/19/2018 by MarketBeat.com Staff

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