Log in

Capital Product Partners Stock Price, Forecast & Analysis (NASDAQ:CPLP)

$11.69
+0.30 (+2.63 %)
(As of 11/12/2019 02:00 AM ET)
Today's Range
$11.41
Now: $11.69
$11.74
50-Day Range
$10.56
MA: $11.38
$12.05
52-Week Range
$9.68
Now: $11.69
$19.67
Volume4,060 shs
Average Volume105,230 shs
Market Capitalization$212.50 million
P/E Ratio11.93
Dividend Yield11.02%
Beta1.03
Capital Product Partners LP operates as an international shipping company. It engages in the seaborne transportation of cargo, including crude oil, refined oil products and chemicals. The company fleet consists of vessels, suezmax crude oil tankers, medium range tankers, and capesize bulk carrier. Capital Product Partners was founded on January 16, 2007 and is headquartered in Piraeus, Greece.

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:CPLP
CUSIPN/A
Phone00-30-21-0458-4950

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$279.25 million
Cash Flow$6.46 per share
Book Value$22.34 per share

Profitability

Net Income$-100,000.00

Miscellaneous

EmployeesN/A
Market Cap$212.50 million
Next Earnings Date1/30/2020 (Estimated)
OptionableOptionable

Receive CPLP News and Ratings via Email

Sign-up to receive the latest news and ratings for CPLP and its competitors with MarketBeat's FREE daily newsletter.


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 Tuesday, October 22nd. Shareholders of record on Friday, November 1st will be paid a dividend of $0.315 per share on Friday, November 8th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 10.78%. The ex-dividend date of this dividend is Thursday, October 31st. View Capital Product Partners' Dividend History.

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

Capital Product Partners's stock 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 Capital Product Partners stock prior to the reverse split would have 14 shares after the split.

How were Capital Product Partners' earnings last quarter?

Capital Product Partners L.P. (NASDAQ:CPLP) released its earnings results on Thursday, October, 31st. The shipping company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by $0.22. The shipping company earned $25.71 million during the quarter, compared to the consensus estimate of $26.22 million. Capital Product Partners had a positive return on equity of 6.40% and a negative net margin of 73.89%. View Capital Product Partners' Earnings History.

When is Capital Product Partners' next earnings date?

Capital Product Partners is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Capital Product Partners.

What price target have analysts set for CPLP?

2 analysts have issued 12-month price targets for Capital Product Partners' stock. Their forecasts range from $14.00 to $21.00. On average, they expect Capital Product Partners' share price to reach $17.50 in the next year. This suggests a possible upside of 49.7% from the stock's current price. View Analyst Price Targets for Capital Product Partners.

What is the consensus analysts' recommendation for Capital Product Partners?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capital Product Partners in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Capital Product Partners.

Has Capital Product Partners been receiving favorable news coverage?

Media stories about CPLP stock have been trending very negative this week, according to InfoTrie. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Capital Product Partners earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave news headlines about the shipping company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Capital Product Partners.

Are investors shorting Capital Product Partners?

Capital Product Partners saw a drop in short interest in October. As of October 31st, there was short interest totalling 29,900 shares, a drop of 19.6% from the September 30th total of 37,200 shares. Based on an average trading volume of 81,400 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are short sold. View Capital Product Partners' Current Options Chain.

Who are some of Capital Product Partners' key competitors?

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 LP Unit (ET), Prospect Capital (PSEC), AT&T (T), New Residential Investment (NRZ), Ares Capital (ARCC), BlackRock TCP Capital (TCPC), Centurylink (CTL), ANNALY CAP MGMT/SH (NLY), Ship Finance International (SFL) and StoneMor Partners (STON).

Who are Capital Product Partners' key executives?

Capital Product Partners' management team includes the folowing people:
  • Gerasimos G. Kalogiratos, Chief Executive Officer & Director
  • Gerasimos Ventouris, Chief Operating Officer & Director
  • Nikolaos Kalapotharakos, Chief Financial Officer
  • Eleni Tsoukala, Secretary & Director

Who are Capital Product Partners' major shareholders?

Capital Product Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Donald Smith & CO. Inc. (3.95%), California Public Employees Retirement System (0.24%) and Arrow Investment Advisors LLC (0.22%).

Which major investors are buying Capital Product Partners stock?

CPLP stock was acquired by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Arrow Investment Advisors LLC and California Public Employees Retirement System.

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, Robinhood, Fidelity and Charles Schwab.

What is Capital Product Partners' stock price today?

One share of CPLP stock can currently be purchased for approximately $11.69.

How big of a company is Capital Product Partners?

Capital Product Partners has a market capitalization of $212.50 million and generates $279.25 million in revenue each year. The shipping company earns $-100,000.00 in net income (profit) each year or $0.98 on an earnings per share basis. View Additional Information About Capital Product Partners.

What is Capital Product Partners' official website?

The official website for Capital Product Partners is http://www.capitalpplp.com/.

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 00-30-21-0458-4950 or via email at [email protected]


MarketBeat Community Rating for Capital Product Partners (NASDAQ CPLP)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  292 (Vote Outperform)
Underperform Votes:  355 (Vote Underperform)
Total Votes:  647
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.
This page was last updated on 11/12/2019 by MarketBeat.com Staff

Featured Article: Percentage Gainers

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel