Shares of Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Get Free Report) saw strong trading volume on Friday . 16,351 shares changed hands during mid-day trading, an increase of 16% from the previous session's volume of 14,072 shares.The stock last traded at $18.90 and had previously closed at $19.30.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the stock. Raymond James assumed coverage on shares of Capital Clean Energy Carriers in a report on Friday, January 24th. They issued an "outperform" rating and a $26.00 price target for the company. Fearnley Fonds lowered shares of Capital Clean Energy Carriers from a "strong-buy" rating to a "hold" rating in a report on Monday, February 17th.
Read Our Latest Analysis on Capital Clean Energy Carriers
Capital Clean Energy Carriers Trading Up 2.0 %
The stock has a 50-day moving average of $18.55. The company has a market capitalization of $1.09 billion, a P/E ratio of 7.30 and a beta of 0.83. The company has a current ratio of 1.80, a quick ratio of 1.78 and a debt-to-equity ratio of 1.82.
Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.36 EPS for the quarter, meeting the consensus estimate of $0.36. Capital Clean Energy Carriers had a net margin of 46.85% and a return on equity of 9.76%. As a group, analysts predict that Capital Clean Energy Carriers Corp will post 1.66 EPS for the current year.
Capital Clean Energy Carriers Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 12th. Stockholders of record on Thursday, February 6th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 3.21%. The ex-dividend date of this dividend was Thursday, February 6th. Capital Clean Energy Carriers's dividend payout ratio (DPR) is currently 23.44%.
Institutional Trading of Capital Clean Energy Carriers
Several large investors have recently made changes to their positions in the business. Larson Financial Group LLC acquired a new position in shares of Capital Clean Energy Carriers in the 4th quarter valued at $41,000. RBF Capital LLC acquired a new position in shares of Capital Clean Energy Carriers in the 3rd quarter valued at $195,000. Geode Capital Management LLC acquired a new position in shares of Capital Clean Energy Carriers in the 3rd quarter valued at $268,000. Finally, LPL Financial LLC lifted its stake in shares of Capital Clean Energy Carriers by 2.7% in the 4th quarter. LPL Financial LLC now owns 50,737 shares of the company's stock valued at $932,000 after purchasing an additional 1,339 shares during the period.
Capital Clean Energy Carriers Company Profile
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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.
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