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S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
NASDAQ:CPLP

Capital Product Partners - CPLP Stock Forecast, Price & News

$14.06
-0.02 (-0.14%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$13.76
$14.15
50-Day Range
$12.96
$17.24
52-Week Range
$11.08
$19.65
Volume
60,934 shs
Average Volume
120,861 shs
Market Capitalization
$277.59 million
P/E Ratio
2.86
Dividend Yield
4.26%
Price Target
$18.67

Capital Product Partners MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
32.8% Upside
$18.67 Price Target
Short Interest
Healthy
0.42% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
12.84%
From $4.44 to $5.01 Per Share

Overall MarketRank

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

2.91 out of 5 stars

Transportation Sector

9th out of 125 stocks

Deep Sea Foreign Transportation Of Freight Industry

5th out of 31 stocks

CPLP stock logo

About Capital Product Partners (NASDAQ:CPLP) Stock

Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. Its vessels transport a range of cargoes, including liquefied natural gas, containerized goods, and dry bulk cargo under short-term voyage charters, and medium to long-term time charters. As of April 27, 2022, the company owned 21 vessels, including 11 Neo-Panamax container vessels, three Panamax container vessels, one cape-size bulk carrier, and six LNG carriers. Capital GP L.L.C. serves as the general partner of the company. The company was incorporated in 2007 and is headquartered in Piraeus, Greece.

Capital Product Partners Stock Performance

Shares of CPLP Stock traded down $0.02 during mid-day trading on Tuesday, hitting $14.06. The stock had a trading volume of 60,934 shares, compared to its average volume of 120,861. Capital Product Partners has a fifty-two week low of $11.08 and a fifty-two week high of $19.65. The firm has a market cap of $277.59 million, a PE ratio of 2.85 and a beta of 0.92. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.42 and a quick ratio of 0.38. The company's 50-day simple moving average is $14.89 and its 200-day simple moving average is $15.52.

Capital Product Partners (NASDAQ:CPLP - Get Rating) last released its earnings results on Friday, May 6th. The shipping company reported $1.26 EPS for the quarter, topping the consensus estimate of $0.95 by $0.31. Capital Product Partners had a net margin of 37.97% and a return on equity of 15.13%. The company had revenue of $69.79 million during the quarter, compared to analysts' expectations of $69.75 million. During the same quarter last year, the business earned $0.57 EPS. Sell-side analysts anticipate that Capital Product Partners will post 4.44 earnings per share for the current year.

Capital Product Partners Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 12th. Stockholders of record on Monday, August 8th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, August 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.27%. Capital Product Partners's dividend payout ratio (DPR) is presently 12.22%.

Analyst Ratings Changes

A number of analysts recently weighed in on CPLP shares. TheStreet cut shares of Capital Product Partners from a "b-" rating to a "c" rating in a research note on Friday, July 29th. Jefferies Financial Group started coverage on shares of Capital Product Partners in a research note on Wednesday, July 20th. They set a "buy" rating and a $20.00 price target for the company. Finally, Stifel Nicolaus decreased their price target on shares of Capital Product Partners from $20.00 to $17.00 in a research note on Tuesday, July 19th.

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CPLP Stock News Headlines

Capital Product Partners (NASDAQ:CPLP) PT Lowered to $17.00
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CPLP Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 5/12 Dividend
5/05/2022
Dividend Payable
5/12/2022
Ex-Dividend for 8/12 Dividend
8/05/2022
Today
8/10/2022
Dividend Payable
8/12/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

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
$18.67
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+32.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$98.18 million
Pretax Margin
51.14%

Debt

Sales & Book Value

Annual Sales
$184.66 million
Cash Flow
$5.76 per share
Book Value
$26.61 per share

Miscellaneous

Free Float
N/A
Market Cap
$277.59 million
Optionable
Optionable
Beta
0.92

Social Links















CPLP Stock - Frequently Asked Questions

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

2 Wall Street 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 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 2022?

2 Wall Street research analysts have issued 12-month price objectives for Capital Product Partners' stock. Their CPLP share price forecasts range from $17.00 to $20.00. On average, they expect the company's stock price to reach $18.67 in the next year. This suggests a possible upside of 32.8% from the stock's current price.
View analysts price targets for CPLP
or view top-rated stocks among Wall Street analysts.

How has Capital Product Partners' stock price performed in 2022?

Capital Product Partners' stock was trading at $16.11 at the start of the year. Since then, CPLP shares have decreased by 12.7% and is now trading at $14.06.
View the best growth stocks for 2022 here
.

When is Capital Product Partners' next earnings date?

Capital Product Partners is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our CPLP earnings forecast
.

How were Capital Product Partners' earnings last quarter?

Capital Product Partners L.P. (NASDAQ:CPLP) issued its quarterly earnings results on Thursday, November, 4th. The shipping company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.18. The shipping company had revenue of $40.09 million for the quarter, compared to the consensus estimate of $36.25 million. Capital Product Partners had a trailing twelve-month return on equity of 15.13% and a net margin of 37.97%. During the same period in the prior year, the business posted $0.41 EPS.

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, July 26th. Stockholders of record on Monday, August 8th will be paid a dividend of $0.15 per share on Friday, August 12th. This represents a $0.60 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date of this dividend is Friday, August 5th.
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 4.26%. 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 12.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPLP will have a dividend payout ratio of 11.98% 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?

Capital Product Partners's stock 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."

Who are Capital Product Partners' major shareholders?

Capital Product Partners' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (0.68%), Walleye Capital LLC (0.21%), Walleye Trading LLC (0.08%), Clear Harbor Asset Management LLC (0.07%) and Simplex Trading LLC (0.00%).

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 $14.06.

How much money does Capital Product Partners make?

Capital Product Partners (NASDAQ:CPLP) has a market capitalization of $277.59 million and generates $184.66 million in revenue each year. The shipping company earns $98.18 million in net income (profit) each year or $4.91 on an earnings per share basis.

How many employees does Capital Product Partners have?

Capital Product Partners employs 2,020 workers across the globe.

When was Capital Product Partners founded?

Capital Product Partners was founded in 2007.

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 8/10/2022 by MarketBeat.com Staff

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