NASDAQ:CPLP - Capital Product Partners Stock Price, News, & Analysis

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$2.24 -0.04 (-1.75 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$2.24
Today's Range$2.24 - $2.29
52-Week Range$2.05 - $3.31
Volume200,701 shs
Average Volume535,903 shs
Market Capitalization$290.48 million
P/E Ratio16.00
Dividend Yield8.04%
Beta1.11
Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. It transports a range of cargoes, including crude oil; refined oil products, such as gasoline, diesel, fuel oil and jet fuel; edible oils; chemicals, such as ethanol; and dry cargo and containerized goods under short-term voyage charters, and medium to long-term time and bareboat charters. As of December 31, 2017, the company had a fleet of 36 vessels, which consisted of 4 Suezmax crude oil tankers, 21 medium range tankers, 10 post-panamax container vessels, and 1 capesize bulk carrier. Capital GP L.L.C. serves as the general partner of the company. Capital Product Partners L.P. was founded in 2007 and is headquartered in Piraeus, Greece.

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Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:CPLP
CUSIPN/A
Phone30 2104584950

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$279.25 million
Cash Flow$0.9295 per share
Book Value$6.80 per share

Profitability

Net Income$-100,000.00

Miscellaneous

EmployeesN/A
Market Cap$290.48 million
Next Earnings Date4/29/2019 (Estimated)
OptionableOptionable

Capital Product Partners (NASDAQ:CPLP) Frequently Asked Questions

What is Capital Product Partners' stock symbol?

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

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 Tuesday, January 22nd. Shareholders of record on Tuesday, February 5th will be paid a dividend of $0.045 per share on Thursday, February 14th. This represents a $0.18 annualized dividend and a yield of 8.04%. The ex-dividend date is Monday, February 4th. 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 on Thursday, March 28th 2019. The 1-7 reverse split was announced on Wednesday, March 6th 2019. The number of shares owned by shareholders will be 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.

How were Capital Product Partners' earnings last quarter?

Capital Product Partners L.P. (NASDAQ:CPLP) announced its earnings results on Thursday, January, 31st. The shipping company reported $0.08 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.06 by $0.02. The shipping company had revenue of $61.51 million for the quarter, compared to the consensus estimate of $59.64 million. Capital Product Partners had a net margin of 0.13% and a return on equity of 3.24%. View Capital Product Partners' Earnings History.

When is Capital Product Partners' next earnings date?

Capital Product Partners is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Capital Product Partners.

What price target have analysts set for CPLP?

3 Wall Street analysts have issued 12 month price objectives for Capital Product Partners' shares. Their predictions range from $2.75 to $3.50. On average, they expect Capital Product Partners' share price to reach $3.0833 in the next year. This suggests a possible upside of 37.6% from the stock's current price. View Analyst Price Targets for Capital Product Partners.

What is the consensus analysts' recommendation for Capital Product Partners?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capital Product Partners in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Capital Product Partners.

Has Capital Product Partners been receiving favorable news coverage?

Headlines about CPLP stock have been trending neutral recently, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Capital Product Partners earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave news coverage about the shipping company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the company's share price in the next several days.

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 LP Unit (ET), Prospect Capital (PSEC), New Residential Investment (NRZ), AT&T (T), Ares Capital (ARCC), Golar LNG Partners (GMLP), Centurylink (CTL), Enterprise Products Partners (EPD), Ship Finance International (SFL) and Kinder Morgan (KMI).

Who are Capital Product Partners' key executives?

Capital Product Partners' management team includes the folowing people:
  • Mr. Gerasimos G. Kalogiratos, CEO of Capital GP LLC & Director (Age 42)
  • Mr. Nikolaos Kalapotharakos, Chief Financial Officer of Capital GP LLC (Age 44)
  • Mr. Gerasimos Ventouris, Chief Operating Officer of Capital GP LLC (Age 68)
  • Ms. Eleni Tsoukala, Director & Sec. (Age 41)

Who are Capital Product Partners' major shareholders?

Capital Product Partners' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Donald Smith & CO. Inc. (3.50%), Mirae Asset Global Investments Co. Ltd. (1.35%), Goodman Financial Corp (0.74%), Van ECK Associates Corp (0.64%), Two Sigma Advisers LP (0.39%) and Two Sigma Investments LP (0.36%).

Which major investors are selling Capital Product Partners stock?

CPLP stock was sold by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., Raymond James & Associates, Partnervest Advisory Services LLC, Bank of America Corp DE, Van ECK Associates Corp, Raymond James Financial Services Advisors Inc., GSA Capital Partners LLP and Eqis Capital Management Inc..

Which major investors are buying Capital Product Partners stock?

CPLP stock was acquired by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Two Sigma Investments LP, Geode Capital Management LLC, Geode Capital Management LLC, Two Sigma Advisers LP, Millennium Management LLC, Virtu Financial LLC and Wiley BROS. Aintree Capital 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Capital Product Partners' stock price today?

One share of CPLP stock can currently be purchased for approximately $2.24.

How big of a company is Capital Product Partners?

Capital Product Partners has a market capitalization of $290.48 million and generates $279.25 million in revenue each year. The shipping company earns $-100,000.00 in net income (profit) each year or $0.14 on an earnings per share basis.

What is Capital Product Partners' official website?

The official website for Capital Product Partners is http://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 30 2104584950 or via email at [email protected]


MarketBeat Community Rating for Capital Product Partners (NASDAQ CPLP)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  255 (Vote Outperform)
Underperform Votes:  316 (Vote Underperform)
Total Votes:  571
MarketBeat's community ratings are surveys of what our community members think about Capital Product Partners and other stocks. Vote "Outperform" if you believe CPLP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CPLP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

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