Capital Clean Energy Carriers (NASDAQ:CCEC) Posts Quarterly Earnings Results, Beats Expectations By $0.18 EPS

Capital Clean Energy Carriers (NASDAQ:CCEC) issued its earnings results on Wednesday. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.18, Zacks reports. Capital Clean Energy Carriers had a net margin of 28.02% and a return on equity of 6.73%. The business had revenue of $102.65 million for the quarter, compared to the consensus estimate of $106.91 million.

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

• Contracted revenue visibility strengthened: CCEC reported approximately $2.9 billion in firm contracted revenue backlog, rising above $4.3 billion including charter options. Its LNG backlog alone was about $2.8 billion with an average remaining firm duration of 6.5 years.
• The company delivered five new vessels during the first half of 2026, initiated a $20 million share buyback, and declared its 77th consecutive quarterly dividend of $0.15 per share. Management said remaining newbuild CapEx is fully funded under its assumptions, with cash expected to be released back to the company.
• Market conditions remained favorable: LNG spot charter rates averaged approximately $93,000 this year versus $39,000 last year, supported by geopolitical disruptions, higher U.S.-to-Asia trade, and low European inventories. Management expects LNG shipping demand to outpace fleet growth from early 2028, while U.S. LPG exports and longer-haul Asian demand are supporting LPG ton-mile growth.
• Net income was broadly flat year over year at $29 million despite revenue growth to $104.9 million, as operating costs, special survey expenses, and depreciation increased. Net leverage was about 54% and could rise over the next two to three quarters as vessels are delivered, while five LNG newbuild positions remain without long-term employment.

Capital Clean Energy Carriers Price Performance

Capital Clean Energy Carriers stock traded down $0.44 during mid-day trading on Thursday, reaching $22.28. The company had a trading volume of 3,609 shares, compared to its average volume of 9,694. The stock’s 50-day simple moving average is $21.89 and its 200-day simple moving average is $21.26. The company has a market capitalization of $1.30 billion, a P/E ratio of 11.79 and a beta of 0.63. Capital Clean Energy Carriers has a 1 year low of $16.77 and a 1 year high of $24.00. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.39 and a quick ratio of 1.38.

Capital Clean Energy Carriers Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Tuesday, August 4th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, August 4th. This represents a $0.60 dividend on an annualized basis and a yield of 2.7%. Capital Clean Energy Carriers’s dividend payout ratio (DPR) is 31.75%.

Capital Clean Energy Carriers News Roundup

Here are the key news stories impacting Capital Clean Energy Carriers this week:

• Positive Sentiment: CCEC reported quarterly earnings of $0.48 per share, exceeding the $0.30 consensus estimate and the $0.20 estimate cited by Zacks. Net margin was 28.02%. CCEC Surpasses Q2 Earnings Estimates
• Positive Sentiment: The company took delivery of two LNG carriers, one Handy liquefied CO2 multi-gas carrier and two dual-fuel medium gas carriers, expanding its operating fleet and future revenue capacity. CCEC Announces Second Quarter 2026 Financial Results
• Positive Sentiment: CCEC agreed to sell a 49% stake in the LNG carrier Amore Mio I, formed a joint venture with BGN Group and secured a 10-year time charter. It also announced an LNG bunkering-vessel joint venture with CMA CGM, supporting long-term contracted cash flow and its position as the largest U.S.-listed LNG company. CCEC Delivers Strong Q2 2026 Results
• Positive Sentiment: BTIG Research reaffirmed its Buy rating and maintained a $25 price target, indicating potential upside from recent trading levels. BTIG Reaffirms Buy Rating
• Neutral Sentiment: Revenue was $102.65 million, below the $106.91 million consensus forecast, while EPS declined from $0.51 a year earlier. The earnings beat therefore appears driven by factors other than stronger top-line growth. CCEC Earnings Results

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on CCEC shares. Wall Street Zen upgraded shares of Capital Clean Energy Carriers to a “hold” rating in a research report on Saturday, June 13th. Zacks Research raised Capital Clean Energy Carriers from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 5th. BTIG Research restated a “buy” rating and issued a $25.00 price target on shares of Capital Clean Energy Carriers in a research note on Wednesday. Weiss Ratings raised Capital Clean Energy Carriers from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 15th. Finally, Jefferies Financial Group increased their price objective on Capital Clean Energy Carriers from $20.00 to $23.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Capital Clean Energy Carriers has a consensus rating of “Hold” and a consensus price target of $24.75.

Institutional Trading of Capital Clean Energy Carriers

Several large investors have recently bought and sold shares of CCEC. Geode Capital Management LLC raised its stake in shares of Capital Clean Energy Carriers by 10.1% during the 2nd quarter. Geode Capital Management LLC now owns 17,702 shares of the company’s stock worth $414,000 after buying an additional 1,621 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Capital Clean Energy Carriers by 59.8% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,107 shares of the company’s stock valued at $3,065,000 after acquiring an additional 49,075 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Capital Clean Energy Carriers during the 2nd quarter valued at about $127,000. Squarepoint Ops LLC purchased a new position in Capital Clean Energy Carriers during the 3rd quarter valued at about $382,000. Finally, Millennium Management LLC raised its position in Capital Clean Energy Carriers by 2.5% during the fourth quarter. Millennium Management LLC now owns 26,543 shares of the company’s stock worth $547,000 after acquiring an additional 651 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.