Capital Clean Energy Carriers (NASDAQ:CCEC) Posts Earnings Results, Misses Estimates By $0.14 EPS

Capital Clean Energy Carriers (NASDAQ:CCEC) issued its quarterly earnings data on Thursday. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14), Zacks reports. Capital Clean Energy Carriers had a net margin of 41.51% and a return on equity of 7.85%. The company had revenue of $98.01 million for the quarter, compared to analyst estimates of $101.98 million.

Here are the key takeaways from Capital Clean Energy Carriers’ conference call:

• The company strengthened liquidity and capital flexibility by issuing a EUR 250 million bond at 3.75%, finishing the quarter with $546 million cash (net leverage ~45.6%) and board approval of a $20 million share buyback program.
• CCC monetized and de?risked a unit by agreeing to sell 49% of Amore Mio I for $230 million to BGN while securing a 10?year time charter, boosting LNG contracted backlog to >$2.9 billion (97 years at ~$86,400/day; up to $4.3bn if options exercised).
• First?quarter net income fell to $18.3 million (from $32.7m Y/Y), driven by off?hire and special?survey costs and higher voyage expenses (~$6.2 million, including $2.7m war?risk premiums that were reimbursed); four LNG vessels hit 5?year drydocks in 2026 with guidance of ~$5m per drydock and ~20–25 off?hire days.
• Geopolitical supply shocks (Qatar outage) have raised LNG prices, extended ton?miles and accelerated scrapping of older ships, creating strong demand and rate tailwinds that favor CCC’s modern fleet (CCC controls >15% of available newbuilding LNG tonnage and advanced some deliveries to capture higher near?term rates).
• Management says the remaining newbuild CapEx is effectively funded assuming ~70% debt on unfunded vessels (and excludes internal cash flows), which, if realized, would free up cash — the outcome depends on financing execution and market conditions.

Capital Clean Energy Carriers Trading Up 0.9%

Capital Clean Energy Carriers stock opened at $20.39 on Friday. Capital Clean Energy Carriers has a 52 week low of $16.77 and a 52 week high of $24.83. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.36 and a current ratio of 1.38. The firm has a market capitalization of $1.19 billion, a PE ratio of 7.10 and a beta of 0.59. The business’s 50-day simple moving average is $20.45 and its 200-day simple moving average is $20.86.

Capital Clean Energy Carriers Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Monday, May 11th will be paid a $0.15 dividend. The ex-dividend date is Monday, May 11th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.9%. Capital Clean Energy Carriers’s payout ratio is presently 20.91%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on CCEC shares. Weiss Ratings restated a “hold (c)” rating on shares of Capital Clean Energy Carriers in a report on Wednesday, April 22nd. 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 research report on Monday. Finally, Zacks Research upgraded shares of Capital Clean Energy Carriers from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $24.75.

Institutional Trading of Capital Clean Energy Carriers

Several hedge funds have recently added to or reduced their stakes in CCEC. Raymond James Financial Inc. acquired a new stake in Capital Clean Energy Carriers in the 2nd quarter valued at approximately $127,000. Squarepoint Ops LLC acquired a new position in shares of Capital Clean Energy Carriers during the third quarter worth approximately $382,000. Geode Capital Management LLC boosted its position in shares of Capital Clean Energy Carriers by 10.1% in the second quarter. Geode Capital Management LLC now owns 17,702 shares of the company’s stock valued at $414,000 after acquiring an additional 1,621 shares during the period. Millennium Management LLC boosted its position in shares of Capital Clean Energy Carriers by 2.5% in the fourth quarter. Millennium Management LLC now owns 26,543 shares of the company’s stock valued at $547,000 after acquiring an additional 651 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Capital Clean Energy Carriers by 59.8% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,107 shares of the company’s stock worth $3,065,000 after acquiring an additional 49,075 shares during the last quarter.

About Capital Clean Energy Carriers

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.