Capital Product Partners Stock Forecast, Price & News

1 Wall Street research 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. The consensus among Wall Street research analysts is that investors should "buy" Capital Product Partners stock.
View analyst ratings for Capital Product Partners or view top-rated stocks.

1 equities research analysts have issued 1 year target prices for Capital Product Partners' shares. Their CPLP stock forecasts range from $19.00 to $19.00. On average, they expect Capital Product Partners' stock price to reach $19.00 in the next year. This suggests a possible upside of 23.5% from the stock's current price.
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Capital Product Partners' stock was trading at $16.11 at the start of the year. Since then, CPLP shares have decreased by 4.5% and is now trading at $15.39.
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Capital Product Partners is scheduled to release its next quarterly earnings announcement on Friday, July 29th 2022.
View our earnings forecast for Capital Product Partners.

Capital Product Partners L.P. (NASDAQ:CPLP) issued its quarterly earnings results on Friday, May, 6th. The shipping company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.31. The shipping company earned $69.79 million during the quarter, compared to the consensus estimate of $69.75 million. Capital Product Partners had a net margin of 50.54% and a trailing twelve-month return on equity of 13.44%. During the same quarter last year, the business earned $0.57 earnings per share.
View Capital Product Partners' earnings history.

Capital Product Partners announced a quarterly dividend on Friday, April 29th. Shareholders of record on Friday, May 6th will be paid a dividend of $0.15 per share on Thursday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date of this dividend is Thursday, May 5th.
View Capital Product Partners' dividend history.

Capital Product Partners(NASDAQ:CPLP) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.93%. Capital Product Partners does not yet have a strong track record of dividend growth. The dividend payout ratio of Capital Product Partners is 10.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Capital Product Partners will have a dividend payout ratio of 12.42% next year. This indicates that Capital Product Partners will be able to sustain or increase its dividend.
View Capital Product Partners' dividend history.

Shares of Capital Product Partners reverse split 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 Capital Product Partners stock prior to the reverse split would have 14 shares after the split.

Some companies that are related to Capital Product Partners include DHT (DHT), TORM (TRMD), Navigator (NVGS), Genco Shipping & Trading (GNK), Eagle Bulk Shipping (EGLE), Navios Maritime Partners (NMM), Dorian LPG (LPG), Global Ship Lease (GSL), Safe Bulkers (SB), Diana Shipping (DSX), Grindrod Shipping (GRIN), Teekay (TK), Eneti (NETI), Ardmore Shipping (ASC) and Pangaea Logistics Solutions (PANL).
View all of CPLP's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), NGL Energy Partners (NGL), Golar LNG Partners (GMLP), AGNC Investment (AGNC) and Two Harbors Investment (TWO).

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

Shares of CPLP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CPLP stock can currently be purchased for approximately $15.39.

Capital Product Partners (NASDAQ:CPLP) has a market capitalization of $303.84 million and generates $184.66 million in revenue each year. The shipping company earns $98.18 million in net income (profit) each year or $5.799990 on an earnings per share basis.

Capital Product Partners employs 2,020 workers across the globe.

Capital Product Partners was founded in 2007.

Capital Product Partners' mailing address is 3 IASSONOS STREET, PIRAEUS J3, 18537. The official website for Capital Product Partners is www.capitalpplp.com. The shipping company can be reached via phone at 302104584950, via email at [email protected], or via fax at 30 2104284285.