Navigator (NVGS) Set to Announce Quarterly Earnings on Wednesday

Navigator (NYSE:NVGS) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 15th. Analysts expect Navigator to post earnings of $0.31 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Navigator (NYSE:NVGS) last announced its earnings results on Wednesday, March 13th. The shipping company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.01. The company had revenue of $123.52 million during the quarter, compared to the consensus estimate of $114.37 million. Navigator had a net margin of 14.94% and a return on equity of 6.96%. On average, analysts expect Navigator to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Navigator Stock Performance

Shares of NVGS stock opened at $15.82 on Wednesday. Navigator has a 12-month low of $12.33 and a 12-month high of $16.48. The business’s fifty day simple moving average is $15.18 and its 200-day simple moving average is $15.03. The company has a current ratio of 1.38, a quick ratio of 1.33 and a debt-to-equity ratio of 0.59. The company has a market cap of $1.16 billion, a PE ratio of 14.25 and a beta of 1.45.

Navigator Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 25th. Investors of record on Thursday, April 4th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend was Wednesday, April 3rd. Navigator’s dividend payout ratio is currently 18.02%.

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a “buy” rating and set a $20.00 price target on shares of Navigator in a research note on Thursday, March 14th.

Navigator Company Profile

Navigator Holdings Ltd. engages in owning and operating a fleet of liquefied gas carriers worldwide. It provides international and regional seaborne transportation services of petrochemical gases, liquefied petroleum gases, and ammonia for energy companies, industrial users, and commodity traders. The company also offers ship shore infrastructure and consultancy services.