S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
NASDAQ:CPLP

Capital Product Partners (CPLP) Stock Forecast, Price & News

$15.12
-0.01 (-0.07%)
(As of 05/19/2022 12:00 AM ET)
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Today's Range
$14.90
$15.54
50-Day Range
$14.65
$18.76
52-Week Range
$10.60
$19.65
Volume
43,157 shs
Average Volume
87,499 shs
Market Capitalization
$298.47 million
P/E Ratio
2.61
Dividend Yield
3.97%
Beta
1.05
30 days | 90 days | 365 days | Advanced Chart
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Capital Product Partners logo

About Capital Product Partners

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.

Headlines

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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

Sales & Book Value

Annual Sales
$184.66 million
Cash Flow
$5.68 per share
Book Value
$27.67 per share

Profitability

Net Income
$98.18 million
Pretax Margin
51.14%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$298.47 million
Optionable
Optionable

Company Calendar

Ex-Dividend for 5/12 Dividend
5/05/2022
Last Earnings
5/06/2022
Dividend Payable
5/12/2022
Today
5/20/2022
Next Earnings (Estimated)
7/29/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.73 out of 5 stars

Transportation Sector

25th out of 171 stocks

Deep Sea Foreign Transportation Of Freight Industry

9th out of 46 stocks

Analyst Opinion: 3.5Community Rank: 4.1Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -













Capital Product Partners (NASDAQ:CPLP) Frequently Asked Questions

Is Capital Product Partners a buy right now?

1 Wall Street equities research 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. The consensus among Wall Street equities research analysts is that investors should "buy" Capital Product Partners stock.
View analyst ratings for Capital Product Partners
or view top-rated stocks.

When is Capital Product Partners' next earnings date?

Capital Product Partners is scheduled to release its next quarterly earnings announcement on Friday, July 29th 2022.
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 Friday, May, 6th. The shipping company reported $1.26 EPS for the quarter, beating analysts' consensus estimates of $0.95 by $0.31. The shipping company earned $69.79 million during the quarter, compared to analyst estimates of $69.75 million. Capital Product Partners had a net margin of 50.54% and a trailing twelve-month return on equity of 13.44%. During the same period last year, the firm earned $0.57 EPS.
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 declared a quarterly dividend on Friday, April 29th. Shareholders of record on Friday, May 6th will be given a dividend of $0.15 per share on Thursday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date is Thursday, May 5th.
View Capital Product Partners' dividend history
.

Is Capital Product Partners a good dividend stock?

Capital Product Partners pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.97%. CPLP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Capital Product Partners does not yet have a strong track record of dividend growth. The dividend payout ratio of Capital Product Partners is 10.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Capital Product Partners will have a dividend payout ratio of 12.74% next year. This indicates that Capital Product Partners will be able to sustain or increase its dividend.
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 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 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 analysts have issued 12 month price targets for Capital Product Partners' stock. Their forecasts range from $19.00 to $19.00. On average, they expect Capital Product Partners' share price to reach $19.00 in the next twelve months. This suggests a possible upside of 25.7% from the stock's current price.
View analysts' price targets for Capital Product Partners
or view top-rated stocks among Wall Street analysts.

Who are Capital Product Partners' key executives?
Capital Product Partners' management team includes the following people:
  • Mr. Gerasimos G. Kalogiratos, CEO of Capital GP LLC & Director (Age 45)
  • Mr. Nikolaos Kalapotharakos, Chief Financial Officer of Capital GP LLC (Age 46)
  • Mr. Spyros Leoussis, Chief Commercial Officer
  • Ms. Eleni Tsoukala, Independent Director & Sec. (Age 44)
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 institutional and retail investors. Top institutional investors include Donald Smith & CO. Inc. (6.85%), Goldman Sachs Group Inc. (1.40%), Mirae Asset Global Investments Co. Ltd. (0.86%), Acadian Asset Management LLC (0.75%), Walleye Capital LLC (0.30%) and BNP Paribas Arbitrage SA (0.29%).

Which institutional investors are selling Capital Product Partners stock?

CPLP stock was sold by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Advisor Group Holdings Inc., Walleye Capital LLC, Walleye Trading LLC, Acadian Asset Management LLC, and UBS Group AG.

Which institutional investors are buying Capital Product Partners stock?

CPLP stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., BNP Paribas Arbitrage SA, Mirae Asset Global Investments Co. Ltd., Royal Bank of Canada, and Group One Trading L.P..

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 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 $15.12.

How much money does Capital Product Partners make?

Capital Product Partners has a market capitalization of $298.47 million and generates $184.66 million in revenue each year. The shipping company earns $98.18 million in net income (profit) each year or $5.799990 on an earnings per share basis.

How many employees does Capital Product Partners have?

Capital Product Partners employs 2,020 workers across the globe.

When was Capital Product Partners founded?

Capital Product Partners was founded in 2007.

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 302104584950, via email at [email protected], or via fax at 30 2104284285.

This page was last updated on 5/20/2022 by MarketBeat.com Staff

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