Capital Product Partners (CPLP) Stock Price, News & Analysis

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Capital Product Partners in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CPLP shares.
View CPLP analyst ratings or view top-rated stocks.

3 analysts have issued 12-month price objectives for Capital Product Partners' stock. Their CPLP share price targets range from $18.00 to $24.00. On average, they anticipate the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 24.0% from the stock's current price.
View analysts price targets for CPLP or view top-rated stocks among Wall Street analysts.

Capital Product Partners' stock was trading at $14.20 at the start of the year. Since then, CPLP stock has increased by 19.2% and is now trading at $16.93.
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Capital Product Partners saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 54,800 shares, a decline of 5.5% from the March 15th total of 58,000 shares. Based on an average daily volume of 124,300 shares, the short-interest ratio is currently 0.4 days. Currently, 0.6% of the shares of the stock are sold short.
View Capital Product Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our CPLP earnings forecast.

Capital Product Partners L.P. (NASDAQ:CPLP) posted its earnings results on Friday, February, 2nd. The shipping company reported $0.61 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.65 by $0.04. The shipping company earned $92.50 million during the quarter, compared to analysts' expectations of $93.32 million. Capital Product Partners had a net margin of 13.09% and a trailing twelve-month return on equity of 7.78%. During the same quarter in the previous year, the firm earned $1.03 earnings per share.

Capital Product Partners declared a quarterly dividend on Thursday, January 25th. Shareholders of record on Tuesday, February 6th will be paid a dividend of $0.15 per share on Tuesday, February 13th. This represents a $0.60 annualized dividend and a yield of 3.54%. The ex-dividend date of this dividend is Monday, February 5th.
Read our dividend analysis for CPLP.

Capital Product Partners (NASDAQ:CPLP) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.72%. The dividend payout ratio is 27.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPLP will have a dividend payout ratio of 31.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CPLP.

Global X MSCI Greece ETF holds 204,979 shares of CPLP stock, representing 1.45% of its portfolio.

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.

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).

Shares of CPLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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