NASDAQ:CPLP - Capital Product Partners Stock Price, Forecast & News

Capital Product Partners trades on the NASDAQ under the ticker symbol "CPLP."

Capital Product Partners declared a quarterly dividend on Tuesday, January 21st. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.35 per share on Tuesday, February 11th. This represents a $1.40 dividend on an annualized basis and a yield of 11.33%. The ex-dividend date of this dividend is Friday, January 31st. This is a positive change from Capital Product Partners's previous quarterly dividend of $0.32. View Capital Product Partners' Dividend History.

Shares of Capital Product Partners reverse split before market open 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 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.

Capital Product Partners L.P. (NASDAQ:CPLP) released its earnings results on Wednesday, February, 5th. The shipping company reported $0.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.23 by $0.08. The shipping company had revenue of $26.62 million for the quarter, compared to analyst estimates of $25.53 million. Capital Product Partners had a positive return on equity of 6.00% and a negative net margin of 112.99%. View Capital Product Partners' Earnings History.

Capital Product Partners is scheduled to release their next quarterly earnings announcement on Monday, May 11th 2020. View Earnings Estimates for Capital Product Partners.

2 brokers have issued twelve-month price objectives for Capital Product Partners' stock. Their forecasts range from $15.50 to $15.50. On average, they expect Capital Product Partners' share price to reach $15.50 in the next twelve months. This suggests a possible upside of 25.4% from the stock's current price. View Analyst Price Targets 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.

Media headlines about CPLP stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Capital Product Partners earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave media coverage 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 immediate future. View News Stories for Capital Product Partners.

Capital Product Partners saw a drop in short interest in January. As of January 31st, there was short interest totalling 42,800 shares, a drop of 35.4% from the January 15th total of 66,300 shares. Based on an average trading volume of 104,700 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the company's shares are short sold. View Capital Product Partners' Current Options Chain.

Some companies that are related to Capital Product Partners include COSTAMARE INC/SH (CMRE), Seacor (CKH), PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), DHT (DHT), Dorian LPG (LPG), Navigator (NVGS), DryShips (DRYS), Teekay (TK), Genco Shipping & Trading (GNK), TSAKOS ENERGY N/SH (TNP), Scorpio Bulkers (SALT), Diana Shipping (DSX), Eagle Bulk Shipping (EGLE) and Ardmore Shipping (ASC).

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), NGL Energy Partners (NGL), Ares Capital (ARCC), Enterprise Products Partners (EPD), AGNC Investment (AGNC), BlackRock TCP Capital (TCPC) and Oxford Lane Capital (OXLC).

Capital Product Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Donald Smith & CO. Inc. (4.87%), Raymond James & Associates (0.52%), Sei Investments Co. (0.44%), UBS Group AG (0.43%), California Public Employees Retirement System (0.23%) and Cubist Systematic Strategies LLC (0.06%).

CPLP stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Acadian Asset Management LLC and California Public Employees Retirement System.

CPLP stock was acquired by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Raymond James & Associates, Sei Investments Co., Cubist Systematic Strategies LLC and Bank of America Corp DE.

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.

One share of CPLP stock can currently be purchased for approximately $12.36.

Capital Product Partners has a market capitalization of $224.70 million and generates $108.37 million in revenue each year. The shipping company earns $-122,460,000.00 in net income (profit) each year or $0.83 on an earnings per share basis. View Additional Information About Capital Product Partners.

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

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]