C3is (NASDAQ:CISS) Posts Quarterly Earnings Results
by Renee Jackson · The Cerbat GemC3is (NASDAQ:CISS – Get Free Report) released its quarterly earnings data on Tuesday. The company reported $5.24 EPS for the quarter, FiscalAI reports. The company had revenue of $23.15 million during the quarter. C3is had a return on equity of 7.18% and a net margin of 15.28%.
C3is Price Performance
Shares of C3is stock opened at $2.57 on Wednesday. The business has a fifty day simple moving average of $5.11 and a two-hundred day simple moving average of $64.08. C3is has a 1 year low of $2.36 and a 1 year high of $831.59. The company has a market capitalization of $385,500.00, a price-to-earnings ratio of 0.00 and a beta of 1.39.
More C3is News
Here are the key news stories impacting C3is this week:
- Positive Sentiment: C3is reported strong Q1 2026 results, highlighted by a 358% increase in adjusted net income and solid operating performance, which could support a longer-term bullish case. C3is Inc. reports robust financial and operating results for the first quarter of 2026, with a 358% increase in Adjusted Net Income
- Positive Sentiment: Management’s earnings call commentary pointed to record growth amid geopolitical challenges and improved tanker-market exposure, reinforcing the company’s earnings momentum. C3is Inc (CISS) Q1 2026 Earnings Call Highlights: Record Growth Amid Geopolitical Challenges
- Positive Sentiment: C3is said it expanded its tanker fleet, a move that may improve future revenue capacity if market conditions remain favorable. C3is Inc. Posts Strong Q1 2026 Results and Expands Tanker Fleet
- Neutral Sentiment: The company’s earnings release also showed quarterly EPS of $5.24 on revenue of $23.15 million, which confirms profitability but does not by itself explain the stock’s near-term direction. MarketBeat earnings report and conference call links
- Negative Sentiment: Despite the upbeat earnings news, CISS has been under heavy selling pressure, with multiple LULD trading halts and a steep 12-month decline suggesting investors remain highly cautious. What's Going On With C3is Stock Tuesday?
Analyst Ratings Changes
Several equities research analysts have recently commented on the company. Wall Street Zen raised C3is from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Weiss Ratings reissued a “sell (d)” rating on shares of C3is in a report on Friday, May 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.
View Our Latest Stock Analysis on C3is
Institutional Investors Weigh In On C3is
Several hedge funds have recently added to or reduced their stakes in the business. Citadel Advisors LLC acquired a new stake in C3is during the 3rd quarter valued at $29,000. Wexford Capital LP lifted its holdings in C3is by 460.1% during the 3rd quarter. Wexford Capital LP now owns 112,014 shares of the company’s stock valued at $240,000 after purchasing an additional 92,014 shares during the last quarter. Finally, L1 Global Manager Pty Ltd acquired a new stake in C3is during the 4th quarter valued at $198,000. Institutional investors and hedge funds own 10.54% of the company’s stock.
C3is Company Profile
C3is Inc offers international seaborne transportation services. It provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. The company owns and operates a fleet of two drybulk carriers, which transport major bulks, such as iron ore, coal and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers, and one Aframax crude oil tanker that transports crude oil.
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