Capital Clean Energy Carriers (NASDAQ:CCEC) Releases 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 return on equity of 6.73% and a net margin of 28.02%.

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 2.9%

Capital Clean Energy Carriers stock traded down $0.67 during mid-day trading on Wednesday, reaching $22.00. The stock had a trading volume of 11,077 shares, compared to its average volume of 9,711. Capital Clean Energy Carriers has a one year low of $16.77 and a one year high of $24.25. The company has a 50-day moving average price of $21.87 and a two-hundred day moving average price of $21.24. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 11.64 and a beta of 0.63. 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 declared a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Tuesday, August 4th will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, August 4th. This represents a $0.60 annualized dividend and a dividend yield of 2.7%. Capital Clean Energy Carriers’s dividend payout ratio (DPR) is presently 31.75%.

Institutional Investors Weigh In On Capital Clean Energy Carriers

Several institutional investors and hedge funds have recently made changes to their positions in CCEC. Raymond James Financial Inc. purchased a new position in shares of Capital Clean Energy Carriers in the second quarter worth $127,000. Squarepoint Ops LLC bought a new position in Capital Clean Energy Carriers during the 3rd quarter valued at about $382,000. Geode Capital Management LLC boosted its holdings 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 valued at $414,000 after acquiring an additional 1,621 shares during the last quarter. Millennium Management LLC grew its stake in shares of Capital Clean Energy Carriers by 2.5% in 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 period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Capital Clean Energy Carriers by 59.8% during the second 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.

Analysts Set New Price Targets

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

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.