Shares of Capital Clean Energy Carriers Corp (NASDAQ:CCEC - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $18.49, but opened at $18.01. Capital Clean Energy Carriers shares last traded at $18.18, with a volume of 553 shares trading hands.
Analysts Set New Price Targets
Several research firms have issued reports on CCEC. Raymond James initiated 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 on the stock. Fearnley Fonds downgraded 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 CCEC
Capital Clean Energy Carriers Trading Down 0.4 %
The company has a quick ratio of 1.78, a current ratio of 1.80 and a debt-to-equity ratio of 1.82. The company's fifty day simple moving average is $18.57. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 7.43 and a beta of 0.83.
Capital Clean Energy Carriers (NASDAQ:CCEC - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $0.36 EPS for the quarter, hitting analysts' consensus estimates of $0.36. Capital Clean Energy Carriers had a return on equity of 9.76% and a net margin of 46.85%. On average, analysts predict that Capital Clean Energy Carriers Corp will post 1.66 earnings per share for the current year.
Capital Clean Energy Carriers Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 12th. Investors of record on Thursday, February 6th were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, February 6th. This represents a $0.60 annualized dividend and a dividend yield of 3.15%. Capital Clean Energy Carriers's dividend payout ratio is presently 23.44%.
Institutional Trading of Capital Clean Energy Carriers
A number of institutional investors and hedge funds have recently made changes to their positions in CCEC. RBF Capital LLC acquired a new stake in 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 during the 3rd quarter worth about $268,000. Larson Financial Group LLC acquired a new stake in Capital Clean Energy Carriers in the 4th quarter worth about $41,000. Finally, LPL Financial LLC boosted its holdings in Capital Clean Energy Carriers by 2.7% in the 4th quarter. LPL Financial LLC now owns 50,737 shares of the company's stock worth $932,000 after buying an additional 1,339 shares during the last quarter.
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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