Capital Clean Energy Carriers (NASDAQ:CCEC) Now Covered by Raymond James

Raymond James began coverage on shares of Capital Clean Energy Carriers (NASDAQ:CCEC) in a report published on Friday morning, MarketBeat reports. The brokerage issued an outperform rating and a $26.00 price objective on the stock.

Separately, Fearnley Fonds upgraded Capital Clean Energy Carriers to a “strong-buy” rating in a research report on Thursday, October 10th.

Capital Clean Energy Carriers Price Performance

Shares of Capital Clean Energy Carriers stock opened at $18.23 on Friday. The firm’s fifty day simple moving average is $18.39. Capital Clean Energy Carriers has a 1 year low of $14.45 and a 1 year high of $20.26. The firm has a market cap of $1.01 billion, a P/E ratio of 14.02 and a beta of 0.83. The company has a quick ratio of 1.66, a current ratio of 1.68 and a debt-to-equity ratio of 2.04.

Capital Clean Energy Carriers Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 12th. Shareholders of record on Thursday, February 6th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 3.29%. The ex-dividend date of this dividend is Thursday, February 6th. Capital Clean Energy Carriers’s payout ratio is 46.15%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Capital Clean Energy Carriers stock. RBF Capital LLC purchased a new position in Capital Clean Energy Carriers Corp (NASDAQ:CCEC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,376 shares of the company’s stock, valued at approximately $195,000.

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.