Capital Product Partners Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capital Product Partners in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Capital Product Partners stock.
View analyst ratings for Capital Product Partners or view top-rated stocks.

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Capital Product Partners is scheduled to release its next quarterly earnings announcement on Friday, July 30th 2021.
View our earnings forecast for Capital Product Partners.

Capital Product Partners L.P. (NASDAQ:CPLP) released its quarterly earnings data on Thursday, April, 29th. The shipping company reported $0.57 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.14. The shipping company earned $35.90 million during the quarter, compared to analyst estimates of $35.40 million. Capital Product Partners had a trailing twelve-month return on equity of 8.12% and a net margin of 23.44%.
View Capital Product Partners' earnings history.

Capital Product Partners' stock was trading at $8.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CPLP stock has increased by 51.5% and is now trading at $12.86.
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Capital Product Partners announced a quarterly dividend on Tuesday, April 27th. Stockholders of record on Monday, May 3rd will be given a dividend of $0.10 per share on Monday, May 10th. This represents a $0.40 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date is Friday, April 30th.
View Capital Product Partners' dividend history.

Capital Product Partners pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.18%. Capital Product Partners does not yet have a strong track record of dividend growth. The dividend payout ratio of Capital Product Partners is 25.00%. 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 19.80% next year. This indicates that Capital Product Partners will be able to sustain or increase its dividend.
View Capital Product Partners' dividend history.

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.

3 analysts have issued 12 month target prices for Capital Product Partners' stock. Their forecasts range from $9.50 to $16.00. On average, they expect Capital Product Partners' stock price to reach $13.83 in the next twelve months. This suggests a possible upside of 7.6% from the stock's current price.
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Some companies that are related to Capital Product Partners include Genco Shipping & Trading (GNK), Global Ship Lease (GSL), TORM (TRMD), Eagle Bulk Shipping (EGLE), Navigator (NVGS), Dorian LPG (LPG), Navios Maritime Partners (NMM), Diana Shipping (DSX), Safe Bulkers (SB), Teekay (TK), Castor Maritime (CTRM), Pangaea Logistics Solutions (PANL), Grindrod Shipping (GRIN), Eneti (NETI) and Overseas Shipholding Group (OSG).
View all of CPLP's competitors.

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).

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

Capital Product Partners' stock is owned by many different retail and institutional investors. Top institutional shareholders include Donald Smith & CO. Inc. (5.80%), Aristotle Capital Boston LLC (2.38%), Morgan Stanley (2.23%), Russell Investments Group Ltd. (0.49%), Sei Investments Co. (0.38%) and UBS Group AG (0.30%).

CPLP stock was sold by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Morgan Stanley, Sei Investments Co., Russell Investments Group Ltd., and Aristotle Capital Boston LLC.

CPLP stock was purchased by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, UBS Group AG, Clear Harbor Asset Management LLC, Millennium Management LLC, Goldman Sachs Group Inc., and Ameriprise Financial Inc..

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.
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One share of CPLP stock can currently be purchased for approximately $12.86.

Capital Product Partners has a market capitalization of $243.98 million and generates $140.87 million in revenue each year. The shipping company earns $30.37 million in net income (profit) each year or $1.60 on an earnings per share basis.

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

Capital Product Partners is headquartered at 3 IASSONOS STREET, PIRAEUS J3, 18537.

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]