Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. It transports a range of cargoes, including crude oil; refined oil products, such as gasoline, diesel, fuel oil and jet fuel; edible oils; chemicals, such as ethanol; and dry cargo and containerized goods under short-term voyage charters, and medium to long-term time and bareboat charters. As of December 31, 2017, the company had a fleet of 36 vessels, which consisted of 4 Suezmax crude oil tankers, 21 medium range tankers, 10 post-panamax container vessels, and 1 capesize bulk carrier. Capital GP L.L.C. serves as the general partner of the company. Capital Product Partners L.P. was founded in 2007 and is headquartered in Piraeus, Greece.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
SymbolNASDAQ:CPLP
CUSIPN/A
Phone30 2104584950
Debt
Debt-to-Equity Ratio0.46
Current Ratio0.46
Quick Ratio0.38
Price-To-Earnings
Trailing P/E Ratio12.08
Forward P/E Ratio20.13
P/E GrowthN/A
Sales & Book Value
Annual Sales$249.12 million
Price / Sales1.57
Cash Flow$0.9235 per share
Price / Cash3.27
Book Value$6.35 per share
Price / Book0.48
Profitability
EPS (Most Recent Fiscal Year)$0.25
Net Income$38.48 million
Net Margins8.86%
Return on Equity2.90%
Return on Assets1.75%
Miscellaneous
EmployeesN/A
Outstanding Shares129,680,000
Market Cap$394.24 million
Capital Product Partners (NASDAQ:CPLP) Frequently Asked Questions
What is Capital Product Partners' stock symbol?
Capital Product Partners trades on the NASDAQ under the ticker symbol "CPLP."
How often does Capital Product Partners pay dividends? What is the dividend yield for Capital Product Partners?
Capital Product Partners declared a quarterly dividend on Thursday, July 19th. Shareholders of record on Thursday, August 2nd will be given a dividend of $0.08 per share on Tuesday, August 14th. This represents a $0.32 annualized dividend and a dividend yield of 10.60%. The ex-dividend date is Wednesday, August 1st. View Capital Product Partners' Dividend History.
How were Capital Product Partners' earnings last quarter?
Capital Product Partners L.P. (NASDAQ:CPLP) issued its quarterly earnings results on Friday, July, 27th. The shipping company reported $0.01 EPS for the quarter, missing the Zacks' consensus estimate of $0.04 by $0.03. The shipping company earned $65.54 million during the quarter, compared to analysts' expectations of $59.82 million. Capital Product Partners had a return on equity of 2.90% and a net margin of 8.86%. View Capital Product Partners' Earnings History.
When is Capital Product Partners' next earnings date?
What price target have analysts set for CPLP?
1 equities research analysts have issued 12 month target prices for Capital Product Partners' stock. Their predictions range from $5.00 to $5.00. On average, they anticipate Capital Product Partners' stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 65.6% from the stock's current price. View Analyst Price Targets for Capital Product Partners.
What is the consensus analysts' recommendation for Capital Product Partners?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capital Product Partners in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Capital Product Partners.
Who are some of Capital Product Partners' key competitors?
Some companies that are related to Capital Product Partners include Euronav (EURN), Pac BASIN SHIPP/ADR (PCFBY), SEASPAN Corp/SH SH (SSW), Seacor (CKH), Frontline (FRO), Star Bulk Carriers (SBLK), COSTAMARE Inc/SH (CMRE), Scorpio Tankers (STNG), Teekay (TK), Navigator (NVGS), DHT (DHT), Genco Shipping & Trading (GNK), Gener8 Maritime (GNRT), Scorpio Bulkers (SALT) and DryShips (DRYS).
Who are Capital Product Partners' key executives?
Capital Product Partners' management team includes the folowing people:
- Mr. Gerasimos G. Kalogiratos, CEO of Capital GP LLC & Director (Age 41)
- Mr. Nikolaos Kalapotharakos, Chief Financial Officer of Capital GP LLC
- Mr. Gerasimos Ventouris, Chief Operating Officer of Capital GP LLC (Age 67)
Has Capital Product Partners been receiving favorable news coverage?
Media coverage about CPLP stock has trended somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Capital Product Partners earned a media and rumor sentiment score of 0.20 on Accern's scale. They also assigned media headlines about the shipping company an impact score of 46.48 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Capital Product Partners.
Who are Capital Product Partners' major shareholders?
Capital Product Partners' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Global X Management Co LLC (1.69%), Aristotle Capital Boston LLC (0.91%), Van ECK Associates Corp (0.75%), Goodman Financial Corp (0.71%), Renaissance Technologies LLC (0.57%) and Eagle Boston Investment Management Inc. (0.42%).
Which major investors are selling Capital Product Partners stock?
CPLP stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Global X Management Co LLC, Arrow Investment Advisors LLC and Benchmark Capital Advisors.
Which major investors are buying Capital Product Partners stock?
CPLP stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Aristotle Capital Boston LLC, Goodman Financial Corp, Van ECK Associates Corp, Sei Investments Co., GSA Capital Partners LLP, Captrust Financial Advisors and Eagle Boston Investment Management Inc..
How do I buy shares of Capital Product Partners?
Shares of CPLP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Capital Product Partners' stock price today?
One share of CPLP stock can currently be purchased for approximately $3.02.
How big of a company is Capital Product Partners?
Capital Product Partners has a market capitalization of $394.24 million and generates $249.12 million in revenue each year. The shipping company earns $38.48 million in net income (profit) each year or $0.25 on an earnings per share basis.
How can I contact Capital Product Partners?
Capital Product Partners' mailing address is 3 IASSONOS STREET, PIRAEUS J3, 18537. The shipping company can be reached via phone at 30 2104584950 or via email at [email protected]
MarketBeat Community Rating for Capital Product Partners (NASDAQ CPLP)
MarketBeat's community ratings are surveys of what our community members think about Capital Product Partners and other stocks. Vote "Outperform" if you believe CPLP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CPLP will underperform the S&P 500 over the long term. You may vote once every thirty days.
