Capital Clean Energy Carriers Corp. (CCEC) To Go Ex-Dividend on August 4th

Capital Clean Energy Carriers Corp. (NASDAQ:CCEC) announced a quarterly dividend on Thursday, July 23rd. Investors of record on Tuesday, August 4th will be given a dividend of 0.15 per share on Thursday, August 13th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, August 4th.

Capital Clean Energy Carriers has decreased its dividend payment by an average of 0.1%annually over the last three years.

Capital Clean Energy Carriers Stock Performance

Capital Clean Energy Carriers stock opened at $22.28 on Friday. Capital Clean Energy Carriers has a 12-month low of $16.77 and a 12-month high of $24.00. The company has a quick ratio of 1.38, a current ratio of 1.39 and a debt-to-equity ratio of 1.53. The business’s 50-day moving average price is $21.92 and its two-hundred day moving average price is $21.28. The stock has a market cap of $1.30 billion, a PE ratio of 11.98 and a beta of 0.63.

Capital Clean Energy Carriers (NASDAQ:CCEC) last issued its earnings results on Wednesday, July 29th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.32 by $0.16. The firm had revenue of $102.65 million during the quarter, compared to the consensus estimate of $106.10 million. Capital Clean Energy Carriers had a return on equity of 6.61% and a net margin of 27.73%. As a group, analysts expect that Capital Clean Energy Carriers will post 1.92 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on CCEC shares. Jefferies Financial Group lifted their price target on shares of Capital Clean Energy Carriers from $20.00 to $23.00 and gave the company a “hold” rating in a report on Monday, May 4th. Zacks Research upgraded shares of Capital Clean Energy Carriers from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. BTIG Research reaffirmed a “buy” rating and set a $25.00 target price on shares of Capital Clean Energy Carriers in a research note on Wednesday. Weiss Ratings raised shares of Capital Clean Energy Carriers from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 15th. Finally, Wall Street Zen upgraded shares of Capital Clean Energy Carriers to a “hold” rating in a report on Saturday, June 13th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Capital Clean Energy Carriers currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.75.

Capital Clean Energy Carriers Company Profile

Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company’s vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers. In addition, the company produces and distributes oil and natural gas, including biofuels, motor oil, lubricants, petrol, crudes, liquefied natural gas, marine fuels, natural gas liquids, and petrochemicals.