Navigator (NVGS) Scheduled to Post Earnings on Wednesday

Navigator (NYSE:NVGS) will be issuing its quarterly earnings data after the market closes on Wednesday, May 15th. Analysts expect the company to announce earnings of $0.31 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Navigator (NYSE:NVGS) last posted its quarterly earnings results on Wednesday, March 13th. The shipping company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. The company had revenue of $123.52 million for the quarter, compared to the consensus estimate of $114.37 million. Navigator had a net margin of 14.94% and a return on equity of 6.96%. On average, analysts expect Navigator to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Navigator Price Performance

NVGS stock opened at $15.82 on Wednesday. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 14.25 and a beta of 1.45. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.38 and a quick ratio of 1.33. The company has a 50 day simple moving average of $15.18 and a 200 day simple moving average of $15.03. Navigator has a 1 year low of $12.33 and a 1 year high of $16.48.

Navigator Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 25th. Stockholders of record on Thursday, April 4th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date was Wednesday, April 3rd. Navigator’s payout ratio is 18.02%.

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a “buy” rating and set a $20.00 price objective on shares of Navigator in a research report on Thursday, March 14th.

About Navigator

Navigator Holdings Ltd. engages in owning and operating a fleet of liquefied gas carriers worldwide. It provides international and regional seaborne transportation services of petrochemical gases, liquefied petroleum gases, and ammonia for energy companies, industrial users, and commodity traders. The company also offers ship shore infrastructure and consultancy services.