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QQQ   287.32 (-1.79%)
AAPL   146.73 (-0.73%)
MSFT   250.20 (-1.89%)
META   122.41 (-0.87%)
GOOGL   99.43 (-1.01%)
AMZN   90.96 (-3.37%)
TSLA   182.65 (-6.27%)
NVDA   165.99 (-1.64%)
NIO   12.78 (-2.67%)
BABA   90.47 (+0.46%)
AMD   73.50 (-1.97%)
T   18.75 (-1.42%)
MU   53.85 (-1.52%)
CGC   4.33 (+0.93%)
F   13.38 (-3.46%)
GE   84.66 (-2.56%)
DIS   95.92 (-3.53%)
AMC   7.47 (-8.57%)
PYPL   73.57 (-1.46%)
PFE   50.85 (-0.12%)
NFLX   312.59 (-2.44%)
S&P 500   3,998.84 (-1.79%)
DOW   33,947.10 (-1.40%)
QQQ   287.32 (-1.79%)
AAPL   146.73 (-0.73%)
MSFT   250.20 (-1.89%)
META   122.41 (-0.87%)
GOOGL   99.43 (-1.01%)
AMZN   90.96 (-3.37%)
TSLA   182.65 (-6.27%)
NVDA   165.99 (-1.64%)
NIO   12.78 (-2.67%)
BABA   90.47 (+0.46%)
AMD   73.50 (-1.97%)
T   18.75 (-1.42%)
MU   53.85 (-1.52%)
CGC   4.33 (+0.93%)
F   13.38 (-3.46%)
GE   84.66 (-2.56%)
DIS   95.92 (-3.53%)
AMC   7.47 (-8.57%)
PYPL   73.57 (-1.46%)
PFE   50.85 (-0.12%)
NFLX   312.59 (-2.44%)
NASDAQ:CPLP

Capital Product Partners - CPLP Stock Forecast, Price & News

$14.62
+0.02 (+0.14%)
(As of 12/5/2022 03:59 PM ET)
Add
Compare
Today's Range
$14.32
$14.72
50-Day Range
$13.03
$15.45
52-Week Range
$12.80
$19.65
Volume
4,603 shs
Average Volume
103,970 shs
Market Capitalization
$288.64 million
P/E Ratio
2.03
Dividend Yield
4.11%
Price Target
$18.50

Capital Product Partners MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
25.9% Upside
$18.50 Price Target
Short Interest
Healthy
0.85% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.06mentions of Capital Product Partners in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.37%
From $3.76 to $4.15 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.82 out of 5 stars

Transportation Sector

11th out of 123 stocks

Deep Sea Foreign Transportation Of Freight Industry

8th out of 29 stocks

CPLP stock logo

About Capital Product Partners (NASDAQ:CPLP) Stock

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.

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CPLP Stock News Headlines

Why is Russia reopening dormant copper mines?
In deepest Siberia, Russian oligarchs are pouring $15 billion into two long-dormant copper mines with close access to the lucrative China market. Copper is essential to the West's plans to transition to green energy and Russia has the third-largest reserves in the world. Is Putin making a move to corner the copper market? New sources of copper – outside Russia – are desperately needed for the West to win its war for energy independence.
China Threat Triggers Potential Mining Boom for Investors
China has almost a 90% lock on critical minerals needed to produce our military, mobile, and green technologies. Mining companies are scrambling to find domestic sources to break China's chokehold on supply chains. Nevada, Idaho and Montana are key to securing a domestic supply.
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See More Headlines
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CPLP Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 11/10 Dividend
11/01/2022
Dividend Payable
11/10/2022
Today
12/05/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/01/2023

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

Price Target and Rating

Average Stock Price Forecast
$18.50
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+26.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$98.18 million
Pretax Margin
51.04%

Debt

Sales & Book Value

Annual Sales
$184.66 million
Cash Flow
$5.69 per share
Book Value
$26.61 per share

Miscellaneous

Free Float
N/A
Market Cap
$288.64 million
Optionable
Optionable
Beta
0.92

Social Links


Key Executives

  • Mr. Gerasimos G. Kalogiratos (Age 45)
    CEO of Capital GP LLC & Director
  • Mr. Nikolaos Kalapotharakos (Age 47)
    Chief Financial Officer of Capital GP LLC
  • Mr. Spyridon Leoussis (Age 43)
    Chief Commercial Officer of Capital GP LLC
  • Ms. Eleni Tsoukala (Age 44)
    Independent Director & Sec.













CPLP Stock - Frequently Asked Questions

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

2 Wall Street 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 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 analysts have issued 12-month target prices for Capital Product Partners' shares. Their CPLP share price forecasts range from $17.00 to $20.00. On average, they expect the company's share price to reach $18.50 in the next twelve months. This suggests a possible upside of 28.7% 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 2022?

Capital Product Partners' stock was trading at $16.11 at the start of the year. Since then, CPLP shares have decreased by 10.8% and is now trading at $14.37.
View the best growth stocks for 2022 here
.

Are investors shorting Capital Product Partners?

Capital Product Partners saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 119,800 shares, an increase of 40.1% from the October 31st total of 85,500 shares. Based on an average trading volume of 71,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.9% of the company's shares are short sold.
View Capital Product Partners' Short Interest
.

When is Capital Product Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 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 Thursday, November, 4th. The shipping company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.44 by $0.18. The shipping company had revenue of $40.09 million for the quarter, compared to analyst estimates of $36.25 million. Capital Product Partners had a trailing twelve-month return on equity of 14.41% and a net margin of 50.76%. During the same quarter in the previous year, the business posted $0.41 EPS.

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, October 20th. Investors of record on Wednesday, November 2nd will be given a dividend of $0.15 per share on Thursday, November 10th. This represents a $0.60 annualized dividend and a yield of 4.18%. The ex-dividend date of this dividend is Tuesday, November 1st.
Read our dividend analysis for CPLP
.

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 4.11%. 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 8.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPLP will have a dividend payout ratio of 14.46% 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's stock 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 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."

Who are Capital Product Partners' major shareholders?

Capital Product Partners' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Donald Smith & CO. Inc. (7.75%), Two Sigma Advisers LP (0.61%), BNP Paribas Arbitrage SNC (0.39%), State Street Corp (0.32%), Simplex Trading LLC (0.00%) and Raymond James & Associates (0.18%).

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 $14.37.

How much money does Capital Product Partners make?

Capital Product Partners (NASDAQ:CPLP) has a market capitalization of $283.71 million and generates $184.66 million in revenue each year. The shipping company earns $98.18 million in net income (profit) each year or $7.19 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 12/5/2022 by MarketBeat.com Staff