Capital Clean Energy Carriers (NASDAQ:CCEC) Issues Quarterly Earnings Results

Capital Clean Energy Carriers (NASDAQ:CCEC) announced its quarterly earnings results on Wednesday. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.18, Zacks reports. The company had revenue of $102.65 million during the quarter, compared to analyst estimates of $106.10 million. Capital Clean Energy Carriers had a return on equity of 6.61% and a net margin of 27.73%.

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

NASDAQ CCEC traded up $0.12 on Friday, reaching $22.52. The company’s stock had a trading volume of 6,341 shares, compared to its average volume of 9,701. Capital Clean Energy Carriers has a twelve month low of $16.77 and a twelve month high of $24.00. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.38 and a current ratio of 1.39. The firm’s 50 day moving average is $21.92 and its two-hundred day moving average is $21.27. The stock has a market cap of $1.31 billion, a PE ratio of 12.10 and a beta of 0.63.

Capital Clean Energy Carriers Announces Dividend

The firm also recently declared 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. This represents a $0.60 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, August 4th. Capital Clean Energy Carriers’s dividend payout ratio is presently 31.75%.

Institutional Trading of Capital Clean Energy Carriers

A number of hedge funds and other institutional investors have recently made changes to their positions in CCEC. Raymond James Financial Inc. bought a new stake in Capital Clean Energy Carriers during the second quarter worth approximately $127,000. Squarepoint Ops LLC acquired a new stake in shares of Capital Clean Energy Carriers during the third quarter valued at approximately $382,000. Geode Capital Management LLC raised its holdings in shares of Capital Clean Energy Carriers by 10.1% during 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 lifted its position in shares of Capital Clean Energy Carriers by 2.5% in the 4th quarter. Millennium Management LLC now owns 26,543 shares of the company’s stock valued at $547,000 after acquiring an additional 651 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Capital Clean Energy Carriers by 59.8% during 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 purchasing an additional 49,075 shares during the period.

Analyst Ratings Changes

CCEC has been the subject of several research analyst reports. Jefferies Financial Group upped their price objective on shares of Capital Clean Energy Carriers from $20.00 to $23.00 and gave the stock a “hold” rating in a report on Monday, May 4th. BTIG Research restated a “buy” rating and set a $25.00 price target on shares of Capital Clean Energy Carriers in a research report on Wednesday. Weiss Ratings upgraded shares of Capital Clean Energy Carriers from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 15th. Wall Street Zen upgraded shares of Capital Clean Energy Carriers to a “hold” rating in a research note on Saturday, June 13th. Finally, Zacks Research raised Capital Clean Energy Carriers from a “hold” rating to a “strong-buy” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $24.75.

Capital Clean Energy Carriers Company Profile

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.