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 year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Capital Product Partners stock.
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Capital Product Partners saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 53,200 shares, a decrease of 17.8% from the March 15th total of 64,700 shares. Based on an average daily volume of 112,000 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the company's shares are short sold.
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Capital Product Partners is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Capital Product Partners.

Capital Product Partners L.P. (NASDAQ:CPLP) released its earnings results on Thursday, January, 28th. The shipping company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.49 by $0.11. The shipping company had revenue of $33.22 million for the quarter, compared to the consensus estimate of $34.67 million. Capital Product Partners had a trailing twelve-month return on equity of 6.97% and a net margin of 21.29%.
View Capital Product Partners' earnings history.

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. Since then, CPLP stock has increased by 35.7% and is now trading at $11.52.
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Capital Product Partners declared a quarterly dividend on Friday, January 22nd. Shareholders of record on Tuesday, February 2nd will be paid a dividend of $0.10 per share on Wednesday, February 10th. This represents a $0.40 annualized dividend and a dividend yield of 3.47%. The ex-dividend date of this dividend is Monday, February 1st.
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 3.60%. Capital Product Partners does not yet have a strock track record of dividend growth. The dividend payout ratio of Capital Product Partners is 48.19%. 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 23.12% next year. This indicates that Capital Product Partners will be able to sustain or increase its dividend.
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.

3 analysts have issued 12-month price objectives for Capital Product Partners' shares. Their forecasts range from $7.00 to $14.00. On average, they anticipate Capital Product Partners' share price to reach $10.17 in the next twelve months. This suggests that the stock has a possible downside of 11.7%.
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Some companies that are related to Capital Product Partners include TORM (TRMD), Dorian LPG (LPG), Navigator (NVGS), Genco Shipping & Trading (GNK), Eagle Bulk Shipping (EGLE), Global Ship Lease (GSL), Navios Maritime Partners (NMM), Teekay (TK), Navios Maritime Containers (NMCI), Diana Shipping (DSX), Safe Bulkers (SB), Overseas Shipholding Group (OSG), Tsakos Energy Navigation (TNP), Navios Maritime (NM) and Ardmore Shipping (ASC).
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 a number of institutional and retail investors. Top institutional shareholders include Clear Harbor Asset Management LLC (0.12%).

CPLP stock was bought by a variety of institutional investors in the last quarter, including Clear Harbor Asset Management LLC.

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 $11.52.

Capital Product Partners has a market capitalization of $213.42 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.

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]