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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Biden's Plan to Confiscate Your Cash? (Ad)
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
Invest in Smart Home Tech with Superior Patents (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Biden's Plan to Confiscate Your Cash? (Ad)
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
Invest in Smart Home Tech with Superior Patents (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Biden's Plan to Confiscate Your Cash? (Ad)
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
Invest in Smart Home Tech with Superior Patents (Ad)pixel

Capital Product Partners - CPLP Stock Forecast, Price & News

$14.35
-0.30 (-2.05%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$14.31
$14.77
50-Day Range
$12.96
$17.24
52-Week Range
$11.08
$19.65
Volume
70,109 shs
Average Volume
116,388 shs
Market Capitalization
$283.27 million
P/E Ratio
2.92
Dividend Yield
4.18%
Price Target
$18.67

Capital Product Partners MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
30.1% Upside
$18.67 Price Target
Short Interest
Healthy
0.32% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.71mentions of Capital Product Partners in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.84%
From $4.44 to $5.01 Per Share

Overall MarketRank

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

3.36 out of 5 stars

Transportation Sector

2nd out of 125 stocks

Deep Sea Foreign Transportation Of Freight Industry

1st 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.

Capital Product Partners Stock Down 2.0 %

Shares of NASDAQ:CPLP opened at $14.35 on Friday. Capital Product Partners has a 1 year low of $11.08 and a 1 year high of $19.65. The company has a market cap of $283.27 million, a PE ratio of 2.92 and a beta of 0.92. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.42 and a quick ratio of 0.38. The stock's 50-day moving average is $14.78 and its 200 day moving average is $15.50.

Capital Product Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 12th. Investors of record on Monday, August 8th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, August 5th. This represents a $0.60 dividend on an annualized basis and a yield of 4.18%. Capital Product Partners's dividend payout ratio is presently 12.22%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. TheStreet downgraded Capital Product Partners from a "b-" rating to a "c" rating in a report on Friday, July 29th. Stifel Nicolaus decreased their price objective on Capital Product Partners from $20.00 to $17.00 in a report on Tuesday, July 19th. Finally, Jefferies Financial Group started coverage on Capital Product Partners in a report on Wednesday, July 20th. They set a "buy" rating and a $20.00 price target on the stock.

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CPLP Stock News Headlines

Capital Product Partners (NASDAQ:CPLP) PT Lowered to $17.00
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CPLP Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 8/12 Dividend
8/05/2022
Dividend Payable
8/12/2022
Today
8/14/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

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
$18.67
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+30.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$98.18 million
Pretax Margin
51.14%

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
$283.27 million
Optionable
Optionable
Beta
0.92

Social Links















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 2022?

2 Wall Street research analysts have issued twelve-month target prices for Capital Product Partners' stock. Their CPLP share price forecasts range from $17.00 to $20.00. On average, they predict the company's stock price to reach $18.67 in the next year. This suggests a possible upside of 30.1% 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 on January 1st, 2022. Since then, CPLP stock has decreased by 10.9% and is now trading at $14.35.
View the best growth stocks for 2022 here
.

When is Capital Product Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our CPLP earnings forecast
.

How were Capital Product Partners' earnings last quarter?

Capital Product Partners L.P. (NASDAQ:CPLP) released its earnings results on Thursday, November, 4th. The shipping company reported $0.62 EPS for the quarter, beating 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 15.13% and a net margin of 37.97%. During the same period in the prior year, the company posted $0.41 EPS.

How often does Capital Product Partners pay dividends? What is the dividend yield for Capital Product Partners?

Capital Product Partners announced a quarterly dividend on Tuesday, July 26th. Investors of record on Monday, August 8th will be given a dividend of $0.15 per share on Friday, August 12th. This represents a $0.60 annualized dividend and a yield of 4.18%. The ex-dividend date is Friday, August 5th.
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 4.10%. 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 12.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPLP will have a dividend payout ratio of 11.98% 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?

Shares of Capital Product Partners 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.

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 number of retail and institutional investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (0.68%), BNP Paribas Arbitrage SA (0.45%), Walleye Capital LLC (0.21%), Group One Trading L.P. (0.00%), Walleye Trading LLC (0.08%) and Clear Harbor Asset Management LLC (0.07%).

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 $14.35.

How much money does Capital Product Partners make?

Capital Product Partners (NASDAQ:CPLP) has a market capitalization of $283.27 million and generates $184.66 million in revenue each year. The shipping company earns $98.18 million in net income (profit) each year or $4.91 on an earnings per share basis.

How many employees does Capital Product Partners have?

The company employs 2,020 workers across the globe.

When was Capital Product Partners founded?

Capital Product Partners was founded in 2007.

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 8/14/2022 by MarketBeat.com Staff

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