NASDAQ:CPLP Capital Product Partners (CPLP) Stock Forecast, Price & News $14.01 +0.02 (+0.14%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$13.31▼$14.2450-Day Range$13.75▼$15.7252-Week Range$11.93▼$16.10Volume13,291 shsAverage Volume43,009 shsMarket Capitalization$288.61 millionP/E Ratio2.93Dividend Yield4.28%Price Target$20.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Capital Product Partners MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside42.8% Upside$20.00 Price TargetShort InterestHealthy0.48% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.28Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth75.38%From $1.99 to $3.49 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.20 out of 5 starsTransportation Sector5th out of 116 stocksDeep Sea Foreign Transportation Of Freight Industry3rd out of 29 stocks 3.5 Analyst's Opinion Consensus RatingCapital Product Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.00, Capital Product Partners has a forecasted upside of 42.8% from its current price of $14.01.Amount of Analyst CoverageCapital Product Partners has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.48% of the float of Capital Product Partners has been sold short.Short Interest Ratio / Days to CoverCapital Product Partners has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Capital Product Partners has recently decreased by 4.48%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipCapital Product Partners is a leading dividend payer. It pays a dividend yield of 4.36%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCapital Product Partners has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Capital Product Partners is 12.55%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Capital Product Partners will have a dividend payout ratio of 17.19% next year. This indicates that Capital Product Partners will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CPLP. Previous Next 3.5 News and Social Media Coverage News SentimentCapital Product Partners has a news sentiment score of 1.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Capital Product Partners this week, compared to 0 articles on an average week.MarketBeat Follows1 people have added Capital Product Partners to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Capital Product Partners insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 38.64% of the stock of Capital Product Partners is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Capital Product Partners are expected to grow by 75.38% in the coming year, from $1.99 to $3.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Capital Product Partners is 2.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Capital Product Partners is 2.93, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 11.94.Price to Book Value per Share RatioCapital Product Partners has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Capital Product Partners (NASDAQ:CPLP) StockCapital 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.Read More CPLP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CPLP Stock News HeadlinesSeptember 29, 2023 | americanbankingnews.comCapital Product Partners (NASDAQ:CPLP) Shares Cross Above 200 Day Moving Average of $13.81September 21, 2023 | americanbankingnews.comCapital Product Partners (NASDAQ:CPLP) Share Price Passes Above 200 Day Moving Average of $13.81September 29, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.August 8, 2023 | finance.yahoo.comCapital Product Partners L.P. Announces the Re-Appointment of Directors by Capital GP L.L.C.August 1, 2023 | nasdaq.comStifel Maintains Capital Product Partners L P - Unit (CPLP) Buy RecommendationJuly 29, 2023 | finance.yahoo.comCapital Product Partners L.P. (NASDAQ:CPLP) Q2 2023 Earnings Call TranscriptJuly 28, 2023 | finance.yahoo.comCapital Product Partners L.P. Announces Second Quarter 2023 Financial ResultsJuly 27, 2023 | benzinga.comCapital Product Partners: Dividend InsightsSeptember 29, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.July 21, 2023 | finance.yahoo.comHere's What Could Help Capital Product Partners L.P. (CPLP) Maintain Its Recent Price StrengthJuly 20, 2023 | finance.yahoo.comCapital Product Partners L.P. Schedules Second Quarter 2023 Earnings Release, Conference Call and WebcastJune 27, 2023 | finance.yahoo.comCPLP - Capital Product Partners L.P.May 10, 2023 | finance.yahoo.comCapital Product Partners L.P. (NASDAQ:CPLP) Q1 2023 Earnings Call TranscriptMay 5, 2023 | msn.comCapital Product Partners Clocks 10% Revenue Growth In Q1, Bottomline Performance Misses Street ViewMay 5, 2023 | finance.yahoo.comCapital Product Partners L.P. Announces First Quarter 2023 Financial ResultsMay 4, 2023 | seekingalpha.comCapital Product Partners Q1 2023 Earnings PreviewMay 1, 2023 | finance.yahoo.comCapital Product Partners L.P. Schedules First Quarter 2023 Earnings Release, Conference Call and WebcastApril 28, 2023 | msn.comCapital Product Partners L P - Unit (CPLP) Declares $0.15 DividendApril 25, 2023 | finance.yahoo.com15 Cheap Growth Stocks to BuyMarch 21, 2023 | finance.yahoo.comCapital Product Partners L.P. Announces New Time Charter for the M/V AkadimosMarch 14, 2023 | finance.yahoo.comREMINDER - Leading Tanker, LNG/LPG Shipping Companies & Diversified MLPs Participating at Capital Link’s 17th Annual International Shipping Forum March 20, 2023, in New York CityFebruary 23, 2023 | benzinga.comCapital Product Partners L.P. Announces the Successful Delivery of the LNG Carrier 'Asterix I'February 21, 2023 | finance.yahoo.comCapital Product Partners L.P. Announces the Successful Delivery of the LNG Carrier ‘Asterix I’February 6, 2023 | finance.yahoo.comCapital Product Partners L.P. (NASDAQ:CPLP) Q4 2022 Earnings Call TranscriptFebruary 3, 2023 | finance.yahoo.comCapital Product Partners L.P. Announces Fourth Quarter 2022 Financial ResultsFebruary 1, 2023 | msn.comCapital Product Partners's Ex-Dividend Date Is Monday, Here's What You Need To KnowJanuary 27, 2023 | finance.yahoo.comCapital Product Partners L.P. Schedules Fourth Quarter 2022 Earnings Release, Conference Call and WebcastSee More Headlines Receive CPLP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Capital Product Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address CPLP Company Calendar Last Earnings7/28/2023Ex-Dividend for 8/8 Dividend8/01/2023Dividend Payable8/08/2023Today9/29/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNASDAQ:CPLP CUSIPN/A CIK1392326 Webwww.capitalpplp.com Phone302104584950Fax30 2104284285Employees2,020Year Founded2007Price Target and Rating Average Stock Price Forecast$20.00 High Stock Price Forecast$20.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+42.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$4.78 Trailing P/E Ratio2.94 Forward P/E Ratio7.06 P/E GrowthN/ANet Income$125.42 million Net Margins30.28% Pretax Margin30.28% Return on Equity8.28% Return on Assets2.43% Debt Debt-to-Equity Ratio2.36 Current Ratio0.85 Quick Ratio0.82 Sales & Book Value Annual Sales$299.07 million Price / Sales0.97 Cash Flow$8.17 per share Price / Cash Flow1.72 Book Value$30.99 per share Price / Book0.45Miscellaneous Outstanding Shares20,600,000Free FloatN/AMarket Cap$289.43 million OptionableOptionable Beta0.90 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Gerasimos G. Kalogiratos (Age 46)CEO of Capital GP LLC & Director Mr. Nikolaos Kalapotharakos (Age 48)Chief Financial Officer of Capital GP LLC Mr. Spyridon Leousis (Age 44)Chief Commercial Officer of Capital GP LLC Ms. Eleni Tsoukala (Age 45)Independent Director & Sec. Key CompetitorsPangaea Logistics SolutionsNASDAQ:PANLOverseas Shipholding GroupNYSE:OSGSEACOR MarineNYSE:SMHISafe BulkersNYSE:SBDiana ShippingNYSE:DSXView All CompetitorsInstitutional OwnershipWalleye Capital LLCSold 8,378 shares on 8/15/2023Ownership: 0.086%Royal Bank of CanadaSold 1,071 shares on 8/15/2023Ownership: 0.050%Citadel Advisors LLCSold 30,200 shares on 8/15/2023Ownership: 0.000%Aristotle Capital Boston LLCBought 8,819 shares on 8/14/2023Ownership: 2.334%Geode Capital Management LLCBought 10,344 shares on 8/11/2023Ownership: 0.050%View All Institutional Transactions CPLP Stock - Frequently Asked Questions Should I buy or sell Capital Product Partners stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Capital Product Partners in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CPLP shares. View CPLP analyst ratings or view top-rated stocks. What is Capital Product Partners' stock price forecast for 2023? 2 Wall Street analysts have issued 12-month target prices for Capital Product Partners' stock. Their CPLP share price forecasts range from $20.00 to $20.00. On average, they anticipate the company's share price to reach $20.00 in the next year. This suggests a possible upside of 42.3% from the stock's current price. View analysts price targets for CPLP or view top-rated stocks among Wall Street analysts. How have CPLP shares performed in 2023? Capital Product Partners' stock was trading at $13.65 at the beginning of 2023. Since then, CPLP shares have increased by 2.9% and is now trading at $14.05. View the best growth stocks for 2023 here. When is Capital Product Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our CPLP earnings forecast. How were Capital Product Partners' earnings last quarter? Capital Product Partners L.P. (NASDAQ:CPLP) announced its earnings results on Friday, July, 28th. The shipping company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.69 by $0.33. The shipping company had revenue of $84.60 million for the quarter, compared to analyst estimates of $79.46 million. Capital Product Partners had a trailing twelve-month return on equity of 8.28% and a net margin of 30.28%. 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 Thursday, July 20th. Stockholders of record on Wednesday, August 2nd will be given a dividend of $0.15 per share on Tuesday, August 8th. This represents a $0.60 annualized dividend and a yield of 4.27%. The ex-dividend date is Tuesday, August 1st. Read our dividend analysis for CPLP. What ETF holds Capital Product Partners' stock ? Global X MSCI Greece ETF holds 204,979 shares of CPLP stock, representing 1.45% of its portfolio. 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 4.36%. CPLP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPLP will have a dividend payout ratio of 17.19% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CPLP. When did Capital Product Partners' stock split? Capital Product Partners shares reverse split on the morning of 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 market closes 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. 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 stock 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 $14.05. How much money does Capital Product Partners make? Capital Product Partners (NASDAQ:CPLP) has a market capitalization of $289.43 million and generates $299.07 million in revenue each year. The shipping company earns $125.42 million in net income (profit) each year or $4.78 on an earnings per share basis. How many employees does Capital Product Partners have? The company employs 2,020 workers across the globe. How can I contact Capital Product Partners? Capital Product Partners' mailing address is 3 IASSONOS STREET, PIRAEUS J3, 18537. The official website for the company is www.capitalpplp.com. The shipping company can be reached via phone at 302104584950, via email at cplp@capitallink.com, or via fax at 30 2104284285. This page (NASDAQ:CPLP) was last updated on 9/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Capital Product Partners L.P. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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