About DryShips (NASDAQ:DRYS)
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
Industry Deep sea foreign transportation of freight
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$100.72 million
Price / Sales4.09
Price / CashN/A
Book Value$6.83 per share
Price / Book0.59
EPS (Most Recent Fiscal Year)N/A
Return on Equity-5.23%
Return on Assets-3.70%
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. Shareholders 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 2.43%. 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?
Shares of DryShips 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 has initiated a share repurchase program 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 purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.
How were DryShips' earnings last quarter?
DryShips Inc. (NASDAQ:DRYS) issued its 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 net margin of 13.98% and a negative return on equity of 5.23%. View DryShips' Earnings History.
When is DryShips' next earnings date?
Are investors shorting DryShips?
DryShips saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 4,160,750 shares, an increase of 53.1% from the April 30th total of 2,716,919 shares. Based on an average trading volume of 934,011 shares, the days-to-cover ratio is presently 4.5 days. Approximately 14.8% of the company's shares are short sold.
Who are some of DryShips' key competitors?
Some companies that are related to DryShips include Ship Finance International (SFL), Euronav (EURN), Pacific Basin Ship (PCFBY), Seaspan (SSW), Seacor (CKH), Scorpio Tankers (STNG), Frontline (FRO), Star Bulk Carriers (SBLK), Costamare (CMRE), Teekay (TK), Genco Shipping & Trading (GNK), Navigator (NVGS), Scorpio Bulkers (SALT), DHT (DHT) 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?
Press coverage about DRYS stock has trended positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. 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 daily sentiment score of 0.27 on Accern's scale. They also assigned headlines about the shipping company an impact score of 47.38 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are DryShips' major shareholders?
DryShips' stock is owned by many different of institutional and retail investors. Top institutional shareholders include
(70.60%), ECONOMOU GEORGE (71.60%), Susquehanna Fundamental Investments LLC (0.26%) and Millennium Management LLC (0.06%). 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 $4.06.
How big of a company is DryShips?
DryShips has a market capitalization of $411.92 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)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.
DryShips (NASDAQ:DRYS) Dividend Information
DryShips pays an annual dividend of $0.10 per share, with a dividend yield of 2.46%. DRYS's next quarterly dividend payment will be made on Monday, June 11.
DryShips (NASDAQ:DRYS) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
DryShips (NASDAQ:DRYS) SEC Filings
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