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

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$10.19 -0.10 (-0.97 %)
(As of 05/20/2019 02:36 PM ET)
Previous Close$10.29
Today's Range$10.19 - $10.29
52-Week Range$10.11 - $22.57
Volume1,700 shs
Average Volume164,154 shs
Market Capitalization$188.82 million
P/E Ratio10.47
Dividend Yield12.24%
Beta1.04
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$6.4494 per share
Book Value$21.94 per share

Profitability

Net Income$-100,000.00

Miscellaneous

EmployeesN/A
Market Cap$188.82 million
Next Earnings Date7/26/2019 (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 announced a special dividend on Friday, May 3rd. Shareholders of record on Monday, May 13th will be given a dividend of $0.315 per share on Wednesday, May 15th. The ex-dividend date is Friday, May 10th. 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 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 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 Monday, May, 13th. The shipping company reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.31 by $0.41. The shipping company had revenue of $26.28 million for the quarter, compared to analyst estimates of $57.93 million. Capital Product Partners had a positive return on equity of 4.19% and a negative net margin of 59.95%. 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 Friday, July 26th 2019. View Earnings Estimates for Capital Product Partners.

What price target have analysts set for CPLP?

3 Wall Street analysts have issued 1-year target prices for Capital Product Partners' stock. Their forecasts range from $14.00 to $24.50. On average, they expect Capital Product Partners' share price to reach $19.8333 in the next year. This suggests a possible upside of 93.3% 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?

Media coverage about CPLP stock has trended somewhat negative this week, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Capital Product Partners earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media coverage about the shipping company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few 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 Prospect Capital (PSEC), Energy Transfer LP Unit (ET), AT&T (T), New Residential Investment (NRZ), Ares Capital (ARCC), Kinder Morgan (KMI), StoneMor Partners (STON), Centurylink (CTL), Enterprise Products Partners (EPD) and Ship Finance International (SFL).

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 number of of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (9.23%), Goodman Financial Corp (5.25%), Donald Smith & CO. Inc. (3.87%), Oaktree Capital Management LP (0.63%), SEI Investments Co (0.33%) and Morgan Stanley (0.27%).

Which institutional investors are selling Capital Product Partners stock?

CPLP stock was sold by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., JPMorgan Chase & Co., Oaktree Capital Management LP, Morgan Stanley, SEI Investments Co, Raymond James & Associates, California Public Employees Retirement System and Eagle Boston Investment Management Inc..

Which institutional investors are buying Capital Product Partners stock?

CPLP stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Mraz Amerine & Associates Inc., Goodman Financial Corp and BlackRock Inc..

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 $10.26.

How big of a company is Capital Product Partners?

Capital Product Partners has a market capitalization of $190.12 million and generates $279.25 million in revenue each year. The shipping company earns $-100,000.00 in net income (profit) each year or $0.98 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:  2.3 out of 5 (star star)
Outperform Votes:  266 (Vote Outperform)
Underperform Votes:  324 (Vote Underperform)
Total Votes:  590
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 5/20/2019 by MarketBeat.com Staff

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