Capital Clean Energy Carriers (NASDAQ:CCEC) Releases Quarterly Earnings Results, Meets Expectations

Posted by Trina Covell on Feb 7th, 2025

Capital Clean Energy Carriers (NASDAQ:CCEC – Get Free Report) posted its earnings results on Thursday. The company reported $0.36 EPS for the quarter, meeting analysts’ consensus estimates of $0.36, Zacks reports. Capital Clean Energy Carriers had a return on equity of 9.72% and a net margin of 25.79%.

Capital Clean Energy Carriers Trading Down 0.7 %

Shares of NASDAQ:CCEC opened at $19.01 on Friday. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.68 and a quick ratio of 1.66. The stock has a market cap of $1.11 billion, a P/E ratio of 14.62 and a beta of 0.83. Capital Clean Energy Carriers has a 12-month low of $14.45 and a 12-month high of $20.26. The firm has a fifty day moving average of $18.45.

Capital Clean Energy Carriers Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 12th. Stockholders of record on Thursday, February 6th will be given a $0.15 dividend. The ex-dividend date is Thursday, February 6th. This represents a $0.60 annualized dividend and a dividend yield of 3.16%. Capital Clean Energy Carriers’s payout ratio is presently 46.15%.

Analysts Set New Price Targets

CCEC has been the subject of several analyst reports. Fearnley Fonds raised Capital Clean Energy Carriers to a “strong-buy” rating in a research note on Thursday, October 10th. Raymond James began coverage on Capital Clean Energy Carriers in a research report on Friday, January 24th. They issued an “outperform” rating and a $26.00 price target for the company.

Check Out Our Latest Research Report on CCEC

About Capital Clean Energy Carriers

(Get Free Report)

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.