Capital Clean Energy Carriers (NASDAQ:CCEC) Announces Earnings Results

Capital Clean Energy Carriers (NASDAQ:CCEC) announced its quarterly earnings data on Wednesday. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%.

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 Stock Down 2.8%

CCEC stock traded down $0.65 during mid-day trading on Wednesday, hitting $22.02. 10,779 shares of the company were exchanged, compared to its average volume of 9,706. 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 has a market cap of $1.29 billion, a P/E ratio of 11.65 and a beta of 0.63. The firm’s 50 day simple moving average is $21.87 and its 200 day simple moving average is $21.24. Capital Clean Energy Carriers has a 1-year low of $16.77 and a 1-year high of $24.25.

Capital Clean Energy Carriers Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Tuesday, August 4th will be paid a dividend of $0.15 per share. 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 Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CCEC. Millennium Management LLC increased its position in shares of 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 in the last quarter. Geode Capital Management LLC lifted its position in 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 in the last quarter. Raymond James Financial Inc. bought a new stake in Capital Clean Energy Carriers in the 2nd quarter valued at about $127,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Capital Clean Energy Carriers by 9.2% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 143,204 shares of the company’s stock worth $3,224,000 after buying an additional 12,097 shares during the period. Finally, Squarepoint Ops LLC acquired a new stake in Capital Clean Energy Carriers in the third quarter valued at approximately $382,000.

Analyst Ratings Changes

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