OceanPal (NASDAQ:OP) and Cool (NYSE:CLCO) Head to Head Comparison

OceanPal (NASDAQ:OP) and Cool (NYSE:CLCO) are both small-cap transportation companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, institutional ownership, profitability, earnings and risk.

Dividends

OceanPal pays an annual dividend of $2.00 per share and has a dividend yield of 173.9%. Cool pays an annual dividend of $0.15 per share and has a dividend yield of 1.6%. OceanPal pays out -3.0% of its earnings in the form of a dividend. Cool pays out 25.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. OceanPal is clearly the better dividend stock, given its higher yield and lower payout ratio.

Profitability

This table compares OceanPal and Cool’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
OceanPal	N/A	N/A	N/A
Cool	17.45%	7.94%	2.66%

Institutional & Insider Ownership

20.7% of Cool shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Earnings & Valuation

This table compares OceanPal and Cool”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
OceanPal	$5.55 billion	0.00	-$17.86 million	($66.00)	-0.02
Cool	$323.67 million	1.60	$98.14 million	$0.60	16.12

Cool has lower revenue, but higher earnings than OceanPal. OceanPal is trading at a lower price-to-earnings ratio than Cool, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

OceanPal has a beta of 1.16, suggesting that its share price is 16% more volatile than the S&P 500. Comparatively, Cool has a beta of 0.69, suggesting that its share price is 31% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for OceanPal and Cool, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
OceanPal	1	0	0	0	1.00
Cool	1	3	0	0	1.75

Summary

Cool beats OceanPal on 9 of the 13 factors compared between the two stocks.

About OceanPal

OceanPal Inc. provides ocean-going transportation services worldwide. The company owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including bauxite, phosphate, and fertilizers. As of December 31, 2023, its fleet consisted of five dry bulk carriers, which include three Panamaxes and two Capesize vessels with a cargo carrying capacity of approximately 572,599 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece.

About Cool

Cool Company Ltd. engages in the acquisition, ownership, operation, and chartering of liquefied natural gas carriers (LNGCs). As of December 31, 2023, it owned a fleet of eleven LNGCs, including seven modern tri-fuel diesel electric vessels; two modern 2-stroke and two TFDE vessels; and managed 17 LNGCs and floating storage and regasification units for third parties. The company was founded in 1970 and is based in London, the United Kingdom.