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NASDAQ:CPLPCapital Product Partners Stock Price, Forecast & News

$8.35
+0.37 (+4.64 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$7.91
Now: $8.35
$8.48
50-Day Range
$8.05
MA: $8.44
$9.34
52-Week Range
$5.18
Now: $8.35
$14.20
Volume59,900 shs
Average Volume66,096 shs
Market Capitalization$154.73 million
P/E Ratio6.63
Dividend Yield16.77%
Beta1.58
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.87 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$108.37 million
Cash Flow$3.73 per share
Book Value$21.95 per share

Profitability

Net Income$-122,460,000.00

Miscellaneous

EmployeesN/A
Market Cap$154.73 million
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Capital Product Partners (NASDAQ:CPLP) Frequently Asked Questions

How has Capital Product Partners' stock been impacted by COVID-19 (Coronavirus)?

Capital Product Partners' stock was trading at $8.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CPLP stock has decreased by 1.6% and is now trading at $8.35. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Capital Product Partners?

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

When is Capital Product Partners' next earnings date?

Capital Product Partners is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Capital Product Partners.

How were Capital Product Partners' earnings last quarter?

Capital Product Partners L.P. (NASDAQ:CPLP) posted its earnings results on Wednesday, May, 6th. The shipping company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.45 by $0.10. The shipping company earned $32.49 million during the quarter, compared to analyst estimates of $33.34 million. Capital Product Partners had a return on equity of 5.86% and a net margin of 20.41%. View Capital Product Partners' earnings history.

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, April 28th. Shareholders of record on Saturday, May 9th will be paid a dividend of $0.35 per share on Friday, May 15th. This represents a $1.40 annualized dividend and a dividend yield of 16.77%. The ex-dividend date is Thursday, May 7th. 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 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 Capital Product Partners stock prior to the reverse split would have 14 shares after the split.

What price target have analysts set for CPLP?

1 equities research analysts have issued twelve-month target prices for Capital Product Partners' shares. Their forecasts range from $15.50 to $15.50. On average, they anticipate Capital Product Partners' share price to reach $15.50 in the next year. This suggests a possible upside of 85.6% from the stock's current price. View analysts' price targets for Capital Product Partners.

Has Capital Product Partners been receiving favorable news coverage?

News coverage about CPLP stock has been trending very negative recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Capital Product Partners earned a media sentiment score of -3.8 on InfoTrie's scale. They also gave headlines about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Capital Product Partners.

Are investors shorting Capital Product Partners?

Capital Product Partners saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 106,400 shares, a decrease of 15.6% from the June 15th total of 126,000 shares. Based on an average daily volume of 131,100 shares, the short-interest ratio is presently 0.8 days. Currently, 0.8% of the company's shares are sold short. 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), Enterprise Products Partners (EPD), NGL Energy Partners (NGL), DHT (DHT), KNOT Offshore Partners (KNOP), AGNC Investment (AGNC) and ANNALY CAP MGMT/SH (NLY).

Who are Capital Product Partners' key executives?

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

What is Capital Product Partners' stock symbol?

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

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 $8.35.

How big of a company is Capital Product Partners?

Capital Product Partners has a market capitalization of $154.73 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.

What is Capital Product Partners' official website?

The official website for Capital Product Partners is 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]

This page was last updated on 7/12/2020 by MarketBeat.com Staff

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