Capital Product Partners (CPLP) Stock Price, News & Analysis

Company Overview

Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. The company's vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and dry bulk cargo under short-term voyage charters, and medium to long-term time charters. It also owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers. In addition, the company produces and distributes oil and natural gas, including biofuels, motor oil, lubricants, petrol, crudes, liquefied natural gas, marine fuels, natural gas liquids, and petrochemicals. Capital GP L.L.C. serves as the general partner of the company. The company was incorporated in 2007 and is headquartered in Piraeus, Greece.

Key Stats

• Today's Range: $16.22 to $16.77
• 50-Day Range: $15.60 to $16.95
• 52-Week Range: $12.70 to $18.85
• Volume: 9,300 shs
• Average Volume: 74,123 shs
• Market Capitalization: $928.86 million
• P/E Ratio: 7.32
• Dividend Yield: 3.58%
• Price Target: $20.67
• Consensus Rating: Moderate Buy

CPLP Stock Analysis - Frequently Asked Questions

How have CPLP shares performed this year?

Capital Product Partners' stock was trading at $14.20 at the start of the year. Since then, CPLP shares have increased by 18.1% and is now trading at $16.77.
View the best growth stocks for 2024 here.

How were Capital Product Partners' earnings last quarter?

Capital Product Partners L.P. (NASDAQ:CPLP) announced its quarterly earnings results on Friday, August, 2nd. The shipping company reported $0.40 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.23. The shipping company had revenue of $97.67 million for the quarter, compared to analyst estimates of $90.22 million. Capital Product Partners had a trailing twelve-month return on equity of 6.30% and a net margin of 18.51%.

When did Capital Product Partners' stock split?

Shares of Capital Product Partners reverse split before market open on Thursday, March 28th 2019. The 1-7 reverse split was announced on Wednesday, March 6th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, March 27th 2019. An investor that had 100 shares of stock prior to the reverse split would have 14 shares after the split.

How do I buy shares of Capital Product Partners?

Shares of CPLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Capital Product Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Capital Product Partners investors own include Energy Transfer (ET), New Residential Investment (NRZ), Prospect Capital (PSEC), AT&T (T), DHT (DHT), Enterprise Products Partners (EPD) and NGL Energy Partners (NGL).

Company Calendar

• Last Earnings: 8/02/2024
• Ex-Dividend for 8/12 Dividend: 8/06/2024
• Dividend Payable: 8/12/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 11/11/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Deep sea foreign transportation of freight
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:CPLP
• CUSIP: N/A
• CIK: 1392326
• Web: www.capitalpplp.com
• Phone: 302104584950
• Fax: 30 2104284285
• Employees: 2,020
• Year Founded: 2007

Price Target and Rating

• Average Stock Price Target: $20.67
• High Stock Price Target: $24.00
• Low Stock Price Target: $18.00
• Potential Upside/Downside: +23.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.29
• Trailing P/E Ratio: 7.32
• Forward P/E Ratio: 10.68
• P/E Growth: N/A
• Net Income: $47.21 million
• Net Margins: 18.51%
• Pretax Margin: 18.51%
• Return on Equity: 6.30%
• Return on Assets: 2.05%

Debt

• Debt-to-Equity Ratio: 1.48
• Current Ratio: 1.41
• Quick Ratio: 1.20

Sales & Book Value

• Annual Sales: $393.20 million
• Price / Sales: 2.36
• Cash Flow: $2.70 per share
• Price / Cash Flow: 6.20
• Book Value: $21.21 per share
• Price / Book: 0.79

Miscellaneous

• Outstanding Shares: 55,388,000
• Free Float: N/A
• Market Cap: $928.86 million
• Optionable: Optionable
• Beta: 0.87