Diana Containerships (DCIX) Announces Quarterly Earnings, Hits Estimates
Diana Containerships (NASDAQ:DCIX) released its earnings data on Tuesday. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01, AnalystRatings.NET reports. The company had revenue of $13.50 million for the quarter, compared to the consensus estimate of $12.99 million. During the same quarter in the previous year, the company posted ($0.99) earnings per share. The company’s revenue for the quarter was down 10.6% on a year-over-year basis.
Diana Containerships (NASDAQ:DCIX) opened at 3.71 on Tuesday. Diana Containerships has a 52-week low of $3.47 and a 52-week high of $6.02. The stock has a 50-day moving average of $3.80 and a 200-day moving average of $3.94. The company’s market cap is $130.0 million.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, June 11th. Shareholders of record on Wednesday, May 28th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 5.39%.
On a related note, analysts at TheStreet downgraded shares of Diana Containerships from a “hold” rating to a “sell” rating in a research note on Wednesday, April 2nd.
Diana Containerships Inc owns and operates containerships. As at February 23, 2012, its fleet consisted of eight containerships, including three containerships delivered to the Company, in February 2012, with a combined carrying capacity of 32,693 twenty-foot equivalent units and a weighted average age of 14.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.