Capital Product Partners L.P. Company Profile (NASDAQ:CPLP)

About Capital Product Partners L.P. (NASDAQ:CPLP)

Capital Product Partners L.P. logoCapital Product Partners L.P. is an international owner of tanker, container and drybulk vessels. The Company's fleet consisted of 36 high specification vessels with an average age of approximately 7.4 years, as of December 31, 2016. As of December 31, 2016, its fleet consisted of four Suezmax crude oil tankers, 21 medium range product tankers, 10 post-panamax container carrier vessels and one Capesize bulk carrier. The Company's vessels are capable of carrying a range of cargoes, including crude oil, refined oil products, such as gasoline, diesel, fuel oil and jet fuel, edible oils and certain chemicals, such as ethanol, as well as dry cargo and containerized goods. Its fleet consists of product tankers, such as Aktoras, Aiolos, Agisilaos, Akeraios and Apostolos; crude tankers, such as Amoureux, Aias, Amore Mio II and Miltiadis M II; drybulk vessels, such as Cape Agamemnon, and container carrier vessels, such as Archimidis, Agamemnon and Hyundai Platinum.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Deep Sea Freight
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CPLP
  • CUSIP: N/A
  • Web: www.capitalpplp.com
Capitalization:
  • Market Cap: $438.89 million
  • Outstanding Shares: 123,631,000
Average Prices:
  • 50 Day Moving Avg: $3.54
  • 200 Day Moving Avg: $3.49
  • 52 Week Range: $2.73 - $4.00
P/E:
  • Trailing P/E Ratio: 12.12
  • Foreward P/E Ratio: 11.83
  • P/E Growth: 4.56
Sales & Book Value:
  • Annual Revenue: $245 million
  • Price / Sales: 1.79
  • Book Value: $6.49 per share
  • Price / Book: 0.55
Dividend:
  • Annual Dividend: $0.32
  • Dividend Yield: 9.0%
Profitability:
  • EBIDTA: $160.9 million
  • Net Margins: 18.20%
  • Return on Equity: 4.95%
  • Return on Assets: 2.80%
Debt:
  • Debt-to-Equity Ratio: 0.53%
  • Current Ratio: 1.00%
  • Quick Ratio: 0.97%
Misc:
  • Average Volume: 520,272 shs.
  • Beta: 1.64
  • Short Ratio: 0.59
 

Frequently Asked Questions for Capital Product Partners L.P. (NASDAQ:CPLP)

What is Capital Product Partners L.P.'s stock symbol?

Capital Product Partners L.P. trades on the NASDAQ under the ticker symbol "CPLP."

How often does Capital Product Partners L.P. pay dividends? What is the dividend yield for Capital Product Partners L.P.?

Capital Product Partners L.P. announced a quarterly dividend on Friday, July 21st. Stockholders of record on Thursday, August 3rd will be paid a dividend of $0.08 per share on Friday, August 11th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 9.01%. The ex-dividend date of this dividend is Tuesday, August 1st. View Capital Product Partners L.P.'s Dividend History.

How were Capital Product Partners L.P.'s earnings last quarter?

Capital Product Partners L.P. (NASDAQ:CPLP) posted its quarterly earnings results on Friday, July, 28th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.08 by $0.02. The business had revenue of $62.06 million for the quarter, compared to analysts' expectations of $59.47 million. Capital Product Partners L.P. had a net margin of 18.20% and a return on equity of 4.95%. View Capital Product Partners L.P.'s Earnings History.

When will Capital Product Partners L.P. make its next earnings announcement?

Capital Product Partners L.P. is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Capital Product Partners L.P..

Where is Capital Product Partners L.P.'s stock going? Where will Capital Product Partners L.P.'s stock price be in 2017?

4 brokers have issued 12 month price objectives for Capital Product Partners L.P.'s shares. Their forecasts range from $5.00 to $5.00. On average, they expect Capital Product Partners L.P.'s stock price to reach $5.00 in the next twelve months. View Analyst Ratings for Capital Product Partners L.P..

Who are some of Capital Product Partners L.P.'s key competitors?

Who are Capital Product Partners L.P.'s key executives?

Capital Product Partners L.P.'s management team includes the folowing people:

  • Ioannis E. Lazaridis, Chairman of the Board
  • Gerasimos Kalogiratos, Chief Executive Officer, Chief Financial Officer
  • Evangelos G. Bairactaris, Secretary, Director
  • Dimitris P. Christacopoulos, Independent Director
  • Pierre de Demandolx-Dedons, Independent Director
  • Keith B. Forman, Independent Director

Who owns Capital Product Partners L.P. stock?

Capital Product Partners L.P.'s stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Global X Management Co. LLC (0.00%), Goldman Sachs Group Inc. (0.00%), Teachers Advisors LLC (1.12%), Arrowstreet Capital Limited Partnership (0.00%), JPMorgan Chase & Co. (0.75%) and Eagle Boston Investment Management Inc. (0.42%). View Institutional Ownership Trends for Capital Product Partners L.P..

Who sold Capital Product Partners L.P. stock? Who is selling Capital Product Partners L.P. stock?

Capital Product Partners L.P.'s stock was sold by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, Goldman Sachs Group Inc., Arrow Investment Advisors LLC, Cannell Peter B & Co. Inc., Teachers Advisors LLC, Sei Investments Co., Cambridge Investment Research Advisors Inc. and Royal Bank of Canada. View Insider Buying and Selling for Capital Product Partners L.P..

Who bought Capital Product Partners L.P. stock? Who is buying Capital Product Partners L.P. stock?

Capital Product Partners L.P.'s stock was purchased by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Global X Management Co. LLC, Acadian Asset Management LLC, Susquehanna International Group LLP, JPMorgan Chase & Co., Captrust Financial Advisors, Marshall Wace North America L.P. and Russell Investments Group Ltd.. View Insider Buying and Selling for Capital Product Partners L.P..

How do I buy Capital Product Partners L.P. stock?

Shares of Capital Product Partners L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Capital Product Partners L.P.'s stock price today?

One share of Capital Product Partners L.P. stock can currently be purchased for approximately $3.55.


MarketBeat Community Rating for Capital Product Partners L.P. (NASDAQ CPLP)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  125 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  312
MarketBeat's community ratings are surveys of what our community members think about Capital Product Partners L.P. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Capital Product Partners L.P. (NASDAQ:CPLP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $5.00 (40.85% upside)

Analysts' Ratings History for Capital Product Partners L.P. (NASDAQ:CPLP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/31/2017Jefferies Group LLCReiterated RatingBuy$5.00LowView Rating Details
1/25/2017Wells Fargo & CompanyUpgradeMarket Perform -> Outperform$5.00N/AView Rating Details
1/19/2017Evercore ISIUpgradeHold -> Buy$5.00N/AView Rating Details
10/31/2016Clarkson CapitalReiterated RatingBuyN/AView Rating Details
8/1/2016Deutsche Bank AGBoost Price TargetHold$2.50 -> $4.00N/AView Rating Details
3/18/2016Standpoint ResearchLower Price TargetBuy$11.00 -> $10.00N/AView Rating Details
3/18/2016Stifel NicolausLower Price TargetBuy$11.00 -> $10.00N/AView Rating Details
3/7/2016Seaport Global SecuritiesDowngradeAccumulate -> NeutralN/AView Rating Details
3/7/2016Citigroup Inc.DowngradeNeutral -> ReduceN/AView Rating Details
3/4/2016Bank of America CorporationDowngradeBuy -> UnderperformN/AView Rating Details
12/4/2015Janney Montgomery ScottInitiated CoverageBuy$8.00N/AView Rating Details
11/26/2015Raymond James Financial, Inc.UpgradeUnderperform -> Market PerformN/AView Rating Details
(Data available from 9/20/2015 forward)

Earnings

Earnings History for Capital Product Partners L.P. (NASDAQ:CPLP)
Earnings by Quarter for Capital Product Partners L.P. (NASDAQ:CPLP)
Earnings History by Quarter for Capital Product Partners L.P. (NASDAQ CPLP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017N/AView Earnings Details
7/28/20176/30/2017$0.08$0.06$59.47 million$62.06 millionViewN/AView Earnings Details
4/28/20173/31/2017$0.08$0.08$59.16 million$60.27 millionViewN/AView Earnings Details
1/31/2017Q416$0.08$0.09$60.53 million$62.40 millionViewN/AView Earnings Details
10/31/2016Q316$0.08$0.07$58.18 million$60.30 millionViewListenView Earnings Details
7/29/2016Q216$0.10$0.10$60.89 million$60.90 millionViewListenView Earnings Details
4/26/2016Q116$0.10$0.08$60.51 million$58.00 millionViewListenView Earnings Details
1/29/2016Q415$0.11$0.10$61.25 million$59.40 millionViewListenView Earnings Details
10/30/2015Q315$0.13$0.09$61.17 million$57.60 millionViewListenView Earnings Details
7/30/2015Q215$0.09$0.09$52.84 million$54.50 millionViewListenView Earnings Details
4/30/2015Q115$0.09$0.09$49.90 million$48.90 millionViewN/AView Earnings Details
1/30/2015Q414$0.09$0.10$49.79 million$49.70 millionViewN/AView Earnings Details
10/29/2014Q3 2014$0.08$0.09$49.22 million$48.17 millionViewN/AView Earnings Details
7/25/2014Q214$0.08$0.04$49.10 million$47.44 millionViewN/AView Earnings Details
4/30/2014Q1 2014$0.10$0.08$49.82 million$47.45 millionViewN/AView Earnings Details
1/31/2014Q413$0.08($0.02)$44.05 million$47.00 millionViewN/AView Earnings Details
10/31/2013Q313$0.06$0.35$44.71 million$42.70 millionViewN/AView Earnings Details
7/31/2013Q2 2013$0.09$0.41$43.96 million$41.80 millionViewN/AView Earnings Details
4/30/2013Q113$0.08$0.28$39.42 million$40.00 millionViewN/AView Earnings Details
1/31/2013Q412$0.12$44.00 million$38.30 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Capital Product Partners L.P. (NASDAQ:CPLP)
2017 EPS Consensus Estimate: $0.32
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.08$0.08$0.08
Q2 20171$0.08$0.08$0.08
Q3 20171$0.08$0.08$0.08
Q4 20171$0.08$0.08$0.08
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Capital Product Partners L.P. (NASDAQ:CPLP)
Most Recent Dividend:8/11/2017
Annual Dividend:$0.32
Dividend Yield:9.01%
Payout Ratio:106.67% (Trailing 12 Months of Earnings)
123.08% (Based on This Year's Estimates)
106.67% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Capital Product Partners L.P. (NASDAQ:CPLP)

Dividend History by Quarter for Capital Product Partners L.P. (NASDAQ CPLP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/21/2017quarterly$0.088.29%8/1/20178/3/20178/11/2017
4/21/2017quarterly$0.089.55%5/3/20175/5/20175/12/2017
1/19/2017Quarterly$0.088.94%2/2/20172/6/20172/15/2017
10/20/2016Quarterly$0.089.49%11/3/201611/7/201611/14/2016
7/22/2016quarterly$0.087.63%8/3/20168/5/20168/12/2016
4/26/2016quarterly$0.0810.95%5/4/20165/6/20165/13/2016
1/21/2016quarterly$0.2425.44%2/3/20162/5/20162/12/2016
10/22/2015quarterly$0.2413.97%11/4/201511/6/201511/13/2015
7/24/2015quarterly$0.2411.87%8/5/20158/7/20158/14/2015
4/24/2015quarterly$0.239.76%5/5/20155/7/20155/13/2015
1/26/2015quarterly$0.2310.52%2/4/20152/6/20152/13/2015
10/23/2014quarterly$0.239.87%11/5/201411/7/201411/14/2014
7/22/2014quarterly$0.238.08%8/5/20148/7/20148/15/2014
4/23/2014quarterly$0.238.61%5/5/20145/7/20145/15/2014
1/22/2014quarterly$0.239.09%2/5/20142/7/20142/14/2014
10/21/2013quarterly$0.2310.19%11/6/201311/8/201311/15/2013
7/22/2013quarterly$0.239.59%8/5/20138/7/20138/15/2013
4/22/2013quarterly$0.2310.78%5/6/20135/8/20135/15/2013
1/22/2013quarterly$0.2311.63%2/6/20132/8/20132/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Capital Product Partners L.P. (NASDAQ:CPLP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Capital Product Partners L.P. (NASDAQ:CPLP)
Latest Headlines for Capital Product Partners L.P. (NASDAQ:CPLP)
Source:
DateHeadline
businesswire.com logoEnergy Transfer Partners Announces Pricing of $2.25 Billion of Senior Notes
www.businesswire.com - September 19 at 10:53 PM
finance.yahoo.com logoThe Biggest MLP Losses Last Week
finance.yahoo.com - September 18 at 5:28 PM
businesswire.com logoMonomoy Capital Partners Completes the Acquisition of West Marine, Inc.
www.businesswire.com - September 14 at 6:18 PM
americanbankingnews.com logoContrasting Capital Product Partners L.P. (CPLP) & International Seaways (INSW)
www.americanbankingnews.com - September 14 at 12:26 AM
finance.yahoo.com logoCapital Product Partners LP – Value Analysis (NASDAQ:CPLP) : September 14, 2017
finance.yahoo.com - September 13 at 11:48 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - September 13 at 4:44 PM
finance.yahoo.com logoCapital Product Partners LP breached its 50 day moving average in a Bearish Manner : CPLP-US : September 12, 2017
finance.yahoo.com - September 12 at 6:06 PM
benzinga.com logoCapital Product Partners LP Announces Results of Its Annual Meeting of Limited Partners - Benzinga
www.benzinga.com - September 10 at 3:11 AM
bizjournals.com logoSwank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® MLP Market Cap Index
www.bizjournals.com - September 8 at 5:52 PM
bizjournals.com logoSwank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® MLP Market Cap Index
www.bizjournals.com - September 8 at 5:52 PM
finance.yahoo.com logoCapital Product Partners L.P. Announces Results of Its Annual Meeting of Limited Partners
finance.yahoo.com - September 8 at 5:52 PM
finance.yahoo.com logoCapital Product Partners L.P. Announces Results of Its Annual Meeting of Limited Partners
finance.yahoo.com - September 8 at 5:52 PM
americanbankingnews.com logoReviewing Capital Product Partners L.P. (CPLP) and Danaos Corporation (DAC)
www.americanbankingnews.com - September 7 at 10:24 PM
finance.yahoo.com logoCapital Product Partners L.P. Enters Into $460.0 Million Term Loan Facility
finance.yahoo.com - September 7 at 5:35 PM
americanbankingnews.com logo$59.73 Million in Sales Expected for Capital Product Partners L.P. (CPLP) This Quarter
www.americanbankingnews.com - September 5 at 3:46 AM
americanbankingnews.com logoZacks: Analysts Expect Capital Product Partners L.P. (CPLP) Will Post Earnings of $0.06 Per Share
www.americanbankingnews.com - September 3 at 8:28 PM
americanbankingnews.com logoValuEngine Downgrades Capital Product Partners L.P. (CPLP) to Hold
www.americanbankingnews.com - September 3 at 4:32 PM
americanbankingnews.com logoComparing Capital Product Partners L.P. (CPLP) and Diana Shipping inc. (DSX)
www.americanbankingnews.com - September 3 at 6:24 AM
finance.yahoo.com logoCapital Product Partners LP : CPLP-US: Dividend Analysis : August 03rd, 2017 (record date) : By the numbers : August 31, 2017
finance.yahoo.com - August 31 at 5:22 PM
seekingalpha.com logoEnterprise Products Partners - Why One Of The Top 2 Energy MLPs Is A Better Play
seekingalpha.com - August 29 at 5:53 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - August 27 at 8:32 PM
americanbankingnews.com logoHead-To-Head Comparison: Capital Product Partners L.P. (CPLP) versus Tsakos Energy Navigation (TNP)
www.americanbankingnews.com - August 27 at 8:24 PM
finance.yahoo.com logoCapital Product Partners L.P. Announces New Time Charters for three Medium Range (MR) Product Tankers
finance.yahoo.com - August 25 at 3:49 PM
seekingalpha.com logoCapital Product Partners: Refi Not Great, But Not Bad
seekingalpha.com - August 23 at 6:45 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - August 19 at 3:16 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Raised to B- at TheStreet
www.americanbankingnews.com - August 19 at 7:08 AM
americanbankingnews.com logo Brokerages Anticipate Capital Product Partners L.P. (CPLP) Will Post Quarterly Sales of $59.73 Million
www.americanbankingnews.com - August 18 at 9:42 AM
nasdaq.com logoIs Capital Product Partners (CPLP) a Great Stock for Value Investors? - Nasdaq
www.nasdaq.com - August 17 at 4:00 AM
finance.yahoo.com logoIs Capital Product Partners (CPLP) a Great Stock for Value Investors?
finance.yahoo.com - August 16 at 5:52 PM
americanbankingnews.com logo Analysts Expect Capital Product Partners L.P. (CPLP) to Post $0.05 EPS
www.americanbankingnews.com - August 16 at 10:16 AM
americanbankingnews.com logoBaltic Trading (BALT) versus Capital Product Partners L.P. (CPLP) Critical Contrast
www.americanbankingnews.com - August 8 at 6:26 PM
seekingalpha.com logoA Look At Capital Product Partners - Seeking Alpha
seekingalpha.com - August 8 at 5:12 PM
finance.yahoo.com logoCapital Product Partners LP breached its 50 day moving average in a Bearish Manner : CPLP-US : August 7, 2017
finance.yahoo.com - August 7 at 5:52 PM
seekingalpha.com logoCapital Product Partners: New Financing Clarity A Disappointment
seekingalpha.com - August 2 at 11:20 PM
finance.yahoo.com logoCapital Product Partners LP :CPLP-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017
finance.yahoo.com - August 1 at 6:08 PM
nasdaq.com logoCapital Product Partners LP (CPLP) Ex-Dividend Date Scheduled for August 01, 2017 - Nasdaq
www.nasdaq.com - July 31 at 10:24 PM
americanbankingnews.com logoZacks: Analysts Expect Capital Product Partners L.P. (NASDAQ:CPLP) Will Announce Quarterly Sales of $59.79 Million
www.americanbankingnews.com - July 31 at 7:33 AM
streetinsider.com logoCapital Product Partners (CPLP) Misses Q2 EPS by 2c
www.streetinsider.com - July 29 at 4:49 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Announces Quarterly Earnings Results, Misses Estimates By $0.02 EPS
www.americanbankingnews.com - July 29 at 1:52 PM
americanbankingnews.com logo Analysts Anticipate Capital Product Partners L.P. (CPLP) to Announce $0.08 Earnings Per Share
www.americanbankingnews.com - July 29 at 7:46 AM
seekingalpha.com logoCapital Product's (CPLP) CEO Jerry Kalogiratos on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 29 at 12:19 AM
benzinga.com logoCapital Product Partners LP Announces Second Quarter 2017 Financial Results, Entering Into a Firm Offer Letter for a ... - Benzinga
www.benzinga.com - July 28 at 7:14 PM
finance.yahoo.com logoInvestor Network: Capital Product Partners LP to Host Earnings Call
finance.yahoo.com - July 28 at 7:14 PM
finance.yahoo.com logoCapital Product Partners L.P. Announces Second Quarter 2017 Financial Results, Entering Into a Firm Offer Letter for a New $460 Million Credit Facility for the Refinancing of Substantially All of the Partnership's Indebtedeness and Fleet Employment Updates
finance.yahoo.com - July 28 at 7:14 PM
feeds.benzinga.com logoCapital Product Partners L.P. Announces Second Quarter 2017 Financial Results, Entering Into a Firm Offer Letter for a New $460 Million Credit Facility for the Refinancing of Substantially All of the Partnership's Indebtedeness and Fleet Employment Update
feeds.benzinga.com - July 28 at 8:32 AM
finance.yahoo.com logoCapital Product Partners L.P. Announces Annual Meeting of Limited Partners
finance.yahoo.com - July 25 at 5:24 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 25 at 3:06 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Declares $0.08 Quarterly Dividend
www.americanbankingnews.com - July 21 at 4:00 PM
finance.yahoo.com logoCapital Product Partners L.P. Schedules Second Quarter 2017 Earnings Release, Conference Call and Webcast
finance.yahoo.com - July 20 at 7:24 PM
americanbankingnews.com logoCapital Product Partners L.P. (NASDAQ:CPLP) to Release Earnings on Monday
www.americanbankingnews.com - July 17 at 8:24 AM

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Capital Product Partners L.P. (CPLP) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff