NASDAQ:CPLP

Capital Product Partners Stock Forecast, Price & News

$11.52
+0.28 (+2.49 %)
(As of 04/20/2021 12:41 PM ET)
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Today's Range
$11.05
Now: $11.52
$11.52
50-Day Range
$9.59
MA: $10.72
$11.76
52-Week Range
$5.48
Now: $11.52
$11.95
Volume1,607 shs
Average Volume107,977 shs
Market Capitalization$213.42 million
P/E Ratio7.58
Dividend Yield3.60%
Beta1.1
Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. Its vessels transports a range of dry cargoes and containerized goods under short-term voyage charters, and medium to long-term time and bareboat charters. As of March 05, 2020, the company owned 14 vessels, including 13 Neo-Panamax container vessels and one capesize bulk carrier. Capital GP L.L.C. serves as the general partner of the company. The company was founded in 2007 and is headquartered in Piraeus, Greece.
Capital Product Partners logo

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$108.37 million
Cash Flow$4.48 per share
Book Value$21.95 per share

Profitability

Net Income$-122,460,000.00

Miscellaneous

Market Cap$213.42 million
Next Earnings Date5/5/2021 (Estimated)
OptionableOptionable

Headlines

Earnings Outlook For Capital Product Partners
January 28, 2021 |  finance.yahoo.com
Capital Product Partners LP
December 16, 2020 |  bloomberg.com
Top Ranked Value Stocks to Buy for December 7th
December 7, 2020 |  finance.yahoo.com
Do Hedge Funds Love Capital Product Partners L.P. (CPLP)?
November 29, 2020 |  finance.yahoo.com
More on Capital Product Partners Q3 earnings
November 2, 2020 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

1.73 out of 5 stars

Transportation Sector

43rd out of 240 stocks

Deep Sea Foreign Transportation Of Freight Industry

10th out of 52 stocks

Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
$11.52
+0.28 (+2.49 %)
(As of 04/20/2021 12:41 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Capital Product Partners (NASDAQ:CPLP) Frequently Asked Questions

Is Capital Product Partners a buy right now?

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.
View analyst ratings for Capital Product Partners
or view top-rated stocks.

What stocks does MarketBeat like better than Capital Product Partners?

Wall Street analysts have given Capital Product Partners a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Capital Product Partners wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Capital Product Partners?

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.
View Capital Product Partners' Short Interest
.

When is Capital Product Partners' next earnings date?

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
.

How were Capital Product Partners' earnings last quarter?

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
.

How has Capital Product Partners' stock price been impacted by COVID-19?

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.
View which stocks have been most impacted by COVID-19
.

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, 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
.

Is Capital Product Partners a good dividend stock?

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.

When did Capital Product Partners' stock split? How did Capital Product Partners' stock split work?

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.

What price target have analysts set for CPLP?

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%.
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 44)
  • Mr. Nikolaos Kalapotharakos, Chief Financial Officer of Capital GP LLC (Age 46)
  • Mr. Gerasimos Ventouris, Chief Operating Officer of Capital GP LLC (Age 70)
  • Ms. Eleni Tsoukala, Independent Director & Sec. (Age 43)

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 (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 shareholders include Clear Harbor Asset Management LLC (0.12%).

Which major investors are buying Capital Product Partners stock?

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

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 $11.52.

How much money does Capital Product Partners make?

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.

What is Capital Product Partners' official website?

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

Where are Capital Product Partners' headquarters?

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

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 4/20/2021 by MarketBeat.com Staff
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