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
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
SymbolNASDAQ:CPLP
CUSIPN/A
Phone30 2104584950
Debt
Debt-to-Equity Ratio0.45
Current Ratio0.65
Quick Ratio0.61
Price-To-Earnings
Trailing P/E Ratio12.32
Forward P/E Ratio14.62
P/E GrowthN/A
Sales & Book Value
Annual Sales$249.12 million
Price / Sales1.60
Cash Flow$0.9192 per share
Price / Cash3.34
Book Value$6.35 per share
Price / Book0.48
Profitability
EPS (Most Recent Fiscal Year)$0.25
Net Income$38.48 million
Net Margins11.26%
Return on Equity3.53%
Return on Assets2.09%
Miscellaneous
EmployeesN/A
Outstanding Shares129,680,000
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, April 19th. Investors of record on Wednesday, May 2nd will be paid a dividend of $0.08 per share on Monday, May 14th. This represents a $0.32 annualized dividend and a dividend yield of 10.42%. The ex-dividend date is Tuesday, May 1st. View Capital Product Partners' Dividend History.
How were Capital Product Partners' earnings last quarter?
Capital Product Partners L.P. (NASDAQ:CPLP) released its quarterly earnings results on Monday, April, 30th. The shipping company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.04. The shipping company earned $65.54 million during the quarter, compared to analysts' expectations of $59.70 million. Capital Product Partners had a return on equity of 3.53% and a net margin of 11.26%. View Capital Product Partners' Earnings History.
When is Capital Product Partners' next earnings date?
What price target have analysts set for CPLP?
2 brokers have issued 1-year price targets for Capital Product Partners' stock. Their forecasts range from $4.00 to $5.00. On average, they anticipate Capital Product Partners' stock price to reach $4.50 in the next twelve months. View Analyst Ratings for Capital Product Partners.
Are investors shorting Capital Product Partners?
Capital Product Partners saw a decrease in short interest during the month of May. As of May 15th, there was short interest totalling 327,336 shares, a decrease of 46.3% from the April 30th total of 609,601 shares. Based on an average daily volume of 351,746 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the shares of the company are sold short.
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), Frontline (FRO), Seacor (CKH), Scorpio Tankers (STNG), Star Bulk Carriers (SBLK), COSTAMARE Inc/SH (CMRE), Teekay (TK), DHT (DHT), Navigator (NVGS), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT), Gener8 Maritime (GNRT) and Diana Shipping (DSX).
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?
Headlines about CPLP stock have been trending somewhat positive recently, according to Accern. The research group scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Capital Product Partners earned a media sentiment score of 0.08 on Accern's scale. They also assigned headlines about the shipping company an impact score of 44.59 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Capital Product Partners' major shareholders?
Capital Product Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include Global X Management Co. LLC (1.75%), Van ECK Associates Corp (0.67%), Goodman Financial Corp (0.64%), Guggenheim Capital LLC (0.61%), UBS Group AG (0.56%) and Sei Investments Co. (0.19%). View Institutional Ownership Trends for Capital Product Partners.
Which major investors are buying Capital Product Partners stock?
CPLP stock was purchased by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Global X Management Co. LLC, Sei Investments Co., Susquehanna Fundamental Investments LLC, GSA Capital Partners LLP, Guggenheim Capital LLC, Goodman Financial Corp and UBS Group AG. View Insider Buying and Selling for Capital Product Partners.
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 $3.07.
How big of a company is Capital Product Partners?
Capital Product Partners has a market capitalization of $403.32 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 (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.
