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S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
NASDAQ:CPLP

Capital Product Partners Stock Forecast, Price & News

$15.39
+0.12 (+0.79%)
(As of 06/29/2022 12:00 AM ET)
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Today's Range
$14.86
$15.43
50-Day Range
$14.60
$17.24
52-Week Range
$10.60
$19.65
Volume
114,756 shs
Average Volume
117,941 shs
Market Capitalization
$303.84 million
P/E Ratio
2.65
Dividend Yield
3.93%
Price Target
$19.00
30 days | 90 days | 365 days | Advanced Chart

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CPLP Stock Forecast (MarketRank)

Overall MarketRank

2.66 out of 5 stars

Transportation Sector

37th out of 173 stocks

Deep Sea Foreign Transportation Of Freight Industry

11th out of 45 stocks

Analyst Opinion: 2.5Community Rank: 4.1Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -
Capital Product Partners logo

About Capital Product Partners (NASDAQ:CPLP)

Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. Its vessels transport 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. As of April 27, 2022, the company owned 21 vessels, including 11 Neo-Panamax container vessels, three Panamax container vessels, one cape-size bulk carrier, and six LNG carriers. 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.

CPLP Stock News Headlines

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Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Current Symbol
NASDAQ:CPLP
Employees
2,020
Year Founded
2007

Company Calendar

Ex-Dividend for 5/12 Dividend
5/05/2022
Last Earnings
5/06/2022
Dividend Payable
5/12/2022
Today
6/29/2022
Next Earnings (Estimated)
7/29/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$19.00
High Stock Price Forecast
$19.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+23.5%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
1 Analysts

Profitability

Net Income
$98.18 million
Pretax Margin
51.14%

Debt

Sales & Book Value

Annual Sales
$184.66 million
Cash Flow
$5.68 per share
Book Value
$26.61 per share

Miscellaneous

Free Float
N/A
Market Cap
$303.84 million
Optionable
Optionable
Beta
1.04

Social Links















Capital Product Partners Frequently Asked Questions

Should I buy or sell Capital Product Partners stock right now?

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.

What is Capital Product Partners' stock price forecast for 2022?

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.
View analysts' price targets for Capital Product Partners
or view top-rated stocks among Wall Street analysts.

How has Capital Product Partners' stock price performed in 2022?

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.
View the best growth stocks for 2022 here
.

When is Capital Product Partners' next earnings date?

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
.

How were Capital Product Partners' earnings last quarter?

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
.

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

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
.

Is Capital Product Partners a good dividend stock?

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.

When did Capital Product Partners' stock split? How did Capital Product Partners' stock split work?

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.

Who are Capital Product Partners' key executives?

Capital Product Partners' management team includes the following people:
  • Mr. Gerasimos G. Kalogiratos, CEO of Capital GP LLC & Director (Age 45)
  • Mr. Nikolaos Kalapotharakos, Chief Financial Officer of Capital GP LLC (Age 47)
  • Mr. Spyridon Leoussis, Chief Commercial Officer of Capital GP LLC (Age 43)
  • Ms. Eleni Tsoukala, Independent Director & Sec. (Age 44)

What other stocks do shareholders of Capital Product Partners own?

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).

What is Capital Product Partners' stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Capital Product Partners' stock price today?

One share of CPLP stock can currently be purchased for approximately $15.39.

How much money does Capital Product Partners make?

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.

How many employees does Capital Product Partners have?

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

When was Capital Product Partners founded?

Capital Product Partners was founded in 2007.

How can I contact Capital Product Partners?

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.

This page (NASDAQ:CPLP) was last updated on 6/30/2022 by MarketBeat.com Staff

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