S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
TV anchors T.J. Holmes, Amy Robach leave ABC amid romance
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Biden, McCarthy to discuss debt limit in talks on Wednesday
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
TV anchors T.J. Holmes, Amy Robach leave ABC amid romance
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Biden, McCarthy to discuss debt limit in talks on Wednesday
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
TV anchors T.J. Holmes, Amy Robach leave ABC amid romance
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Biden, McCarthy to discuss debt limit in talks on Wednesday
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
TV anchors T.J. Holmes, Amy Robach leave ABC amid romance
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Biden, McCarthy to discuss debt limit in talks on Wednesday
NASDAQ:CPLP

Capital Product Partners - CPLP Stock Forecast, Price & News

$14.49
-0.02 (-0.14%)
(As of 01/27/2023 12:00 AM ET)
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Today's Range
$14.40
$14.55
50-Day Range
$13.20
$14.85
52-Week Range
$12.80
$19.65
Volume
18,943 shs
Average Volume
36,050 shs
Market Capitalization
$286.03 million
P/E Ratio
2.02
Dividend Yield
4.14%
Price Target
$18.50

Capital Product Partners MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.7% Upside
$18.50 Price Target
Short Interest
Healthy
0.53% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.47mentions of Capital Product Partners in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.37%
From $3.76 to $4.15 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.93 out of 5 stars

Transportation Sector

7th out of 124 stocks

Deep Sea Foreign Transportation Of Freight Industry

3rd out of 30 stocks


CPLP stock logo

About Capital Product Partners (NASDAQ:CPLP) Stock

Capital Product Partners LP is a shipping company, which engages in the seaborne transportation of containerized goods and dry cargo. It owns panamax container and capesize bulk carrier vessels. The company was founded on January 16, 2007 and is headquartered in Piraeus, Greece.

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CPLP Stock News Headlines

Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
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See More Headlines
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CPLP Company Calendar

Ex-Dividend for 11/10 Dividend
11/01/2022
Last Earnings
11/09/2022
Dividend Payable
11/10/2022
Today
1/29/2023
Next Earnings (Estimated)
2/01/2023
Ex-Dividend for 2/10 Dividend
2/06/2023
Dividend Payable
2/10/2023
Fiscal Year End
12/31/2023

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

Price Target and Rating

Average Stock Price Forecast
$18.50
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+27.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$98.18 million
Pretax Margin
51.04%

Debt

Sales & Book Value

Annual Sales
$184.66 million
Cash Flow
$5.68 per share
Book Value
$26.61 per share

Miscellaneous

Free Float
N/A
Market Cap
$286.03 million
Optionable
Optionable
Beta
0.91

Social Links


Key Executives

  • Gerasimos G. Kalogiratos
    Chief Executive Officer & Director
  • Nikolaos Kalapotharakos
    Chief Financial Officer
  • Spyridon Leousis
    Chief Commercial Officer













CPLP Stock - Frequently Asked Questions

Should I buy or sell Capital Product Partners stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Capital Product Partners in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CPLP shares.
View CPLP analyst ratings
or view top-rated stocks.

What is Capital Product Partners' stock price forecast for 2023?

2 brokerages have issued 1-year price objectives for Capital Product Partners' shares. Their CPLP share price forecasts range from $17.00 to $20.00. On average, they predict the company's share price to reach $18.50 in the next twelve months. This suggests a possible upside of 27.7% from the stock's current price.
View analysts price targets for CPLP
or view top-rated stocks among Wall Street analysts.

How have CPLP shares performed in 2023?

Capital Product Partners' stock was trading at $13.65 at the beginning of the year. Since then, CPLP shares have increased by 6.2% and is now trading at $14.49.
View the best growth stocks for 2023 here
.

Are investors shorting Capital Product Partners?

Capital Product Partners saw a increase in short interest in January. As of January 15th, there was short interest totaling 74,300 shares, an increase of 10.1% from the December 31st total of 67,500 shares. Based on an average daily trading volume, of 55,400 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.5% of the company's shares are sold short.
View Capital Product Partners' Short Interest
.

When is Capital Product Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our CPLP earnings forecast
.

How were Capital Product Partners' earnings last quarter?

Capital Product Partners L.P. (NASDAQ:CPLP) posted its quarterly earnings results on Wednesday, November, 9th. The shipping company reported $0.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.00 by $0.43. The shipping company earned $67.47 million during the quarter, compared to analysts' expectations of $68.90 million. Capital Product Partners had a net margin of 50.76% and a trailing twelve-month return on equity of 14.41%.

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 Thursday, January 26th. Investors of record on Tuesday, February 7th will be paid a dividend of $0.15 per share on Friday, February 10th. This represents a $0.60 annualized dividend and a yield of 4.14%. The ex-dividend date of this dividend is Monday, February 6th.
Read our dividend analysis for CPLP
.

Is Capital Product Partners a good dividend stock?

Capital Product Partners (NASDAQ:CPLP) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.14%. CPLP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPLP will have a dividend payout ratio of 14.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CPLP.

When did Capital Product Partners' stock split?

Shares of Capital Product Partners reverse split on the morning of 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 stock prior to the reverse split would have 14 shares after the split.

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."

How do I buy shares of Capital Product Partners?

Shares of CPLP stock 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 $14.49.

How much money does Capital Product Partners make?

Capital Product Partners (NASDAQ:CPLP) has a market capitalization of $286.03 million and generates $184.66 million in revenue each year. The shipping company earns $98.18 million in net income (profit) each year or $7.19 on an earnings per share basis.

How many employees does Capital Product Partners have?

The company employs 2,020 workers across the globe.

How can I contact Capital Product Partners?

Capital Product Partners' mailing address is 3 IASSONOS STREET, PIRAEUS J3, 18537. The official website for the company is www.capitalpplp.com. The shipping company can be reached via phone at 302104584950, via email at cplp@capitallink.com, or via fax at 30 2104284285.

This page (NASDAQ:CPLP) was last updated on 1/29/2023 by MarketBeat.com Staff