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: Shipping
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CPLP
  • CUSIP: N/A
  • Web: www.capitalpplp.com
Capitalization:
  • Market Cap: $417.97 million
  • Outstanding Shares: 123,294,000
Average Prices:
  • 50 Day Moving Avg: $3.44
  • 200 Day Moving Avg: $3.30
  • 52 Week Range: $2.55 - $4.05
P/E:
  • Trailing P/E Ratio: 10.09
  • Foreward P/E Ratio: 10.94
  • P/E Growth: 3.82
Sales & Book Value:
  • Annual Revenue: $243.84 million
  • Price / Sales: 1.71
  • Book Value: $6.52 per share
  • Price / Book: 0.52
Dividend:
  • Annual Dividend: $0.32
  • Dividend Yield: 9.5%
Profitability:
  • EBIDTA: $164.19 million
  • Net Margins: 20.49%
  • Return on Equity: 5.53%
  • Return on Assets: 3.14%
Debt:
  • Debt-to-Equity Ratio: 0.69%
  • Current Ratio: 1.28%
  • Quick Ratio: 1.23%
Misc:
  • Average Volume: 467,531 shs.
  • Beta: 1.67
  • Short Ratio: 1.26
 

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, April 21st. Stockholders of record on Friday, May 5th will be given a dividend of $0.08 per share on Friday, May 12th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 9.44%. The ex-dividend date of this dividend is Wednesday, May 3rd. 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 earnings results on Friday, April, 28th. The company reported $0.08 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.08. The company earned $60.27 million during the quarter, compared to analyst estimates of $59.16 million. Capital Product Partners L.P. had a return on equity of 5.53% and a net margin of 20.49%. 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, July, 24th 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?

5 brokerages have issued twelve-month target prices for Capital Product Partners L.P.'s shares. Their predictions range from $4.00 to $5.00. On average, they expect Capital Product Partners L.P.'s stock price to reach $4.75 in the next twelve months. View Analyst Ratings for Capital Product Partners L.P..

Are investors shorting Capital Product Partners L.P.?

Capital Product Partners L.P. saw a decrease in short interest in April. As of April 13th, there was short interest totalling 364,833 shares, a decrease of 25.9% from the March 31st total of 492,582 shares. Based on an average daily trading volume, of 399,513 shares, the days-to-cover ratio is presently 0.9 days.

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

Who owns Capital Product Partners L.P. stock?

Capital Product Partners L.P.'s stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of America Corp DE (2.12%), Global X Management Co. LLC (1.47%), Goldman Sachs Group Inc. (1.37%), Teachers Advisors LLC (1.15%), Renaissance Technologies LLC (0.91%) and UBS Group AG (0.72%). 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 UBS Group AG, Bank of America Corp DE, Teachers Advisors LLC, California Public Employees Retirement System, Partnervest Advisory Services LLC, Raymond James Financial Services Advisors Inc., Benchmark Capital Advisors and Cambridge Investment Research Advisors Inc.. 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 bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, OppenheimerFunds Inc., Acadian Asset Management LLC, Sei Investments Co. and Private Advisor Group LLC. 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.

How much does a share of Capital Product Partners L.P. stock cost?

One share of Capital Product Partners L.P. stock can currently be purchased for approximately $3.39.

Analyst Ratings

Consensus Ratings for Capital Product Partners L.P. (NASDAQ:CPLP) (?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $4.75 (40.12% 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 & CoUpgradeMarket 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 IncDowngradeNeutral -> ReduceN/AView Rating Details
3/4/2016Bank of America CorpDowngradeBuy -> 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 5/23/2015 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
7/24/2017        
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:5/12/2017
Annual Dividend:$0.32
Dividend Yield:9.44%
Payout Ratio:94.12% (Trailing 12 Months of Earnings)
106.67% (Based on This Year's Estimates)
103.23% (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
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
seekingalpha.com logoCapital Product Partners Diversity Is Its Strength
seekingalpha.com - May 16 at 12:16 PM
americanbankingnews.com logo$59.47 Million in Sales Expected for Capital Product Partners L.P. (CPLP) This Quarter
www.americanbankingnews.com - May 14 at 8:47 AM
americanbankingnews.com logoZacks: Analysts Anticipate Capital Product Partners L.P. (CPLP) to Announce $0.08 Earnings Per Share
www.americanbankingnews.com - May 12 at 8:28 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - May 9 at 7:58 AM
finance.yahoo.com logoCapital Product Partners LP – Value Analysis (NASDAQ:CPLP) : May 8, 2017
finance.yahoo.com - May 8 at 9:21 PM
finance.yahoo.com logoCapital Product Partners LP breached its 50 day moving average in a Bearish Manner : CPLP-US : May 5, 2017
finance.yahoo.com - May 5 at 4:42 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Earning Somewhat Positive News Coverage, Study Finds
www.americanbankingnews.com - May 3 at 5:44 PM
finance.yahoo.com logoCapital Product Partners LP : CPLP-US: Dividend Analysis : May 05th, 2017 (record date) : By the numbers : May 3, 2017
finance.yahoo.com - May 3 at 4:26 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Issues Earnings Results
www.americanbankingnews.com - May 1 at 5:24 PM
seekingalpha.com logoCapital Product Partners: The Distribution Increase Case Enters The Final Phase
seekingalpha.com - May 1 at 4:25 PM
americanbankingnews.com logoShort Interest in Capital Product Partners L.P. (CPLP) Drops By 25.9%
www.americanbankingnews.com - April 29 at 11:57 PM
americanbankingnews.com logoSomewhat Favorable Press Coverage Very Likely to Affect Capital Product Partners L.P. (CPLP) Share Price
www.americanbankingnews.com - April 29 at 3:52 PM
seekingalpha.com logoCapital Product's (CPLP) CEO Jerry Kalogiratos on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 29 at 9:29 AM
seekingalpha.com logoCapital Product Partners L.P. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - April 28 at 5:26 PM
finance.yahoo.com logoCapital Product Partners L.P. Announces First Quarter 2017 Financial Results and Fleet Employment Updates
finance.yahoo.com - April 28 at 5:26 PM
americanbankingnews.com logo Brokerages Expect Capital Product Partners L.P. (CPLP) Will Post Quarterly Sales of $59.16 Million
www.americanbankingnews.com - April 26 at 2:41 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Given Daily Coverage Optimism Score of 0.09
www.americanbankingnews.com - April 25 at 5:12 PM
americanbankingnews.com logo$0.08 Earnings Per Share Expected for Capital Product Partners L.P. (CPLP) This Quarter
www.americanbankingnews.com - April 24 at 12:31 PM
finance.yahoo.com logoCapital Product Partners L.P. Schedules First Quarter 2017 Earnings Release, Conference Call and Webcast
finance.yahoo.com - April 24 at 9:25 AM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Plans $0.08 Quarterly Dividend
www.americanbankingnews.com - April 21 at 7:22 PM
finance.yahoo.com logoCapital Product Partners L.P. Announces Cash Distribution
finance.yahoo.com - April 20 at 4:35 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Receives Coverage Optimism Score of -0.22
www.americanbankingnews.com - April 17 at 2:30 PM
finance.yahoo.com logoCapital Product Partners LP breached its 50 day moving average in a Bearish Manner : CPLP-US : April 14, 2017
finance.yahoo.com - April 14 at 10:43 AM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - April 14 at 8:26 AM
prnewswire.com logoNew Water Capital Sees Big Future for Future Beach Kayaks
www.prnewswire.com - April 11 at 1:02 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Raised to "B-" at TheStreet
www.americanbankingnews.com - April 5 at 3:16 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - April 4 at 6:37 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Receives Buy Rating from Jefferies Group LLC
www.americanbankingnews.com - March 31 at 6:19 PM
finance.yahoo.com logoCapital Ship Management Corp. Demonstrates Commitment to a Sustainable Maritime Industry with MRV Assessment from LRQA
finance.yahoo.com - March 23 at 4:56 PM
seekingalpha.com logoCapital Product Partners, LP: Medium Risk/ High Return
seekingalpha.com - March 20 at 4:37 PM
americanbankingnews.com logoCapital Product Partners L.P. (CPLP) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - March 20 at 12:07 PM
finance.yahoo.com logoCAPITAL PRODUCT PARTNERS L.P. Financials
finance.yahoo.com - February 9 at 4:53 PM
finance.yahoo.com logoCapital Product Partners L.P. Announces Filing of Form 20-F With the SEC
finance.yahoo.com - February 6 at 4:31 PM
nasdaq.com logoCapital Product Partners L.P. (CPLP) Ex-Dividend Date Scheduled for February 02, 2017 - Nasdaq
www.nasdaq.com - February 1 at 4:45 PM
seekingalpha.com logoCapital Product Partners L.P. 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - January 31 at 9:58 PM
biz.yahoo.com logoQ4 2016 Capital Product Partners LP Earnings Release - Before Market Open
us.rd.yahoo.com - January 31 at 9:58 PM
us.rd.yahoo.com logoCapital Product Partners L.P. Announces Fourth Quarter 2016 Financial Results, an Increase to Its Common Distribution, Certain Amendments to One of Its Management Agreements and Fleet Employment Updates
us.rd.yahoo.com - January 31 at 9:58 PM
us.rd.yahoo.com logo7:38 am Capital Product Partners reports Q4 EPS and revs above consensus
us.rd.yahoo.com - January 31 at 9:58 PM
prnewswire.com logoHow These Shipping Stocks are Faring? -- Capital Product Partners, Globus Maritime, Gener8 Maritime, and Tsakos ... - PR Newswire (press release)
www.prnewswire.com - January 25 at 5:34 PM
finance.yahoo.com logoCapital Product Partners upgraded by Wells Fargo
finance.yahoo.com - January 25 at 5:34 PM
finance.yahoo.com logo4:06 pm Capital Product Partners increases quarterly distribution to $0.08/share from $0.075/share
finance.yahoo.com - January 18 at 9:50 PM
streetinsider.com logoCapital Product Partners (CPLP) Raises Quarterly Dividend 6.7% to $0.08; 9.5% Yield
www.streetinsider.com - January 18 at 4:49 PM
finance.yahoo.com logoCapital Product Partners L.P. Announces Increased Cash Distribution
finance.yahoo.com - January 18 at 4:49 PM
finance.yahoo.com logoCapital Product Partners L.P. Schedules Fourth Quarter 2016 Earnings Release, Conference Call and Webcast
finance.yahoo.com - January 17 at 5:17 PM

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Chart

Capital Product Partners L.P. (CPLP) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff