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

$10.69
-0.02 (-0.19 %)
(As of 09/19/2019 04:00 PM ET)
Today's Range
$10.6750
Now: $10.69
$10.7899
50-Day Range
$10.13
MA: $10.66
$11.37
52-Week Range
$9.68
Now: $10.69
$20.44
Volume31,850 shs
Average Volume108,780 shs
Market Capitalization$194.32 million
P/E Ratio10.91
Dividend Yield11.76%
Beta1.01
Capital Product Partners LP operates as an international shipping company. It engages in the seaborne transportation of cargo, including crude oil, refined oil products and chemicals. The company fleet consists of vessels, suezmax crude oil tankers, medium range tankers, and capesize bulk carrier. Capital Product Partners was founded on January 16, 2007 and is headquartered in Piraeus, Greece.

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$6.4788 per share
Book Value$41.59 per share

Profitability

Net Income$-100,000.00

Miscellaneous

EmployeesN/A
Market Cap$194.32 million
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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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 quarterly dividend on Tuesday, July 23rd. Shareholders of record on Friday, August 2nd will be given a dividend of $0.315 per share on Thursday, August 15th. This represents a $1.26 annualized dividend and a yield of 11.79%. The ex-dividend date is Thursday, August 1st. 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 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 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) posted its quarterly earnings results on Wednesday, July, 31st. The shipping company reported $0.44 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.01. The shipping company had revenue of $26.83 million for the quarter, compared to analysts' expectations of $27.32 million. Capital Product Partners had a negative net margin of 69.36% and a positive return on equity of 5.70%. 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 Wednesday, October 30th 2019. View Earnings Estimates for Capital Product Partners.

What price target have analysts set for CPLP?

2 brokers have issued twelve-month price targets for Capital Product Partners' shares. Their predictions range from $14.00 to $21.00. On average, they expect Capital Product Partners' share price to reach $17.50 in the next year. This suggests a possible upside of 63.7% from the stock's current price. View Analyst Price Targets for Capital Product Partners.

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

2 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 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Capital Product Partners.

Has Capital Product Partners been receiving favorable news coverage?

News articles about CPLP stock have been trending negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Capital Product Partners earned a daily sentiment score of -2.9 on InfoTrie's scale. They also assigned news stories about the shipping company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Capital Product Partners.

Are investors shorting Capital Product Partners?

Capital Product Partners saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 62,000 shares, a decrease of 5.6% from the July 31st total of 65,700 shares. Based on an average daily trading volume, of 108,300 shares, the short-interest ratio is currently 0.6 days. Approximately 0.5% of the shares of the stock are short sold. View Capital Product Partners' Current Options Chain.

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), AT&T (T), New Residential Investment (NRZ), Ares Capital (ARCC), Enterprise Products Partners (EPD), StoneMor Partners (STON), CSI Compressco (CCLP), Golar LNG Partners (GMLP) and Kinder Morgan (KMI).

Who are Capital Product Partners' key executives?

Capital Product Partners' management team includes the folowing people:
  • Gerasimos G. Kalogiratos, Chief Executive Officer & Director
  • Gerasimos Ventouris, Chief Operating Officer & Director
  • Nikolaos Kalapotharakos, Chief Financial Officer
  • Eleni Tsoukala, Secretary & Director

Who are Capital Product Partners' major shareholders?

Capital Product Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Donald Smith & CO. Inc. (3.65%), JPMorgan Chase & Co. (1.87%), Bank of America Corp DE (1.87%), Morgan Stanley (1.31%), Goodman Financial Corp (0.72%) and Russell Investments Group Ltd. (0.59%).

Which institutional investors are selling Capital Product Partners stock?

CPLP stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Goodman Financial Corp, Oaktree Capital Management LP, Captrust Financial Advisors, Donald Smith & CO. Inc. and Arrow Investment Advisors LLC.

Which institutional investors are buying Capital Product Partners stock?

CPLP stock was bought by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Morgan Stanley, Russell Investments Group Ltd., BlackRock Inc., Concorde Asset Management LLC, Renaissance Technologies LLC, Acadian Asset Management LLC and HighTower Advisors 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, Robinhood, Fidelity and Charles Schwab.

What is Capital Product Partners' stock price today?

One share of CPLP stock can currently be purchased for approximately $10.69.

How big of a company is Capital Product Partners?

Capital Product Partners has a market capitalization of $194.32 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. View Additional Information About Capital Product Partners.

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:  281 (Vote Outperform)
Underperform Votes:  345 (Vote Underperform)
Total Votes:  626
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 9/19/2019 by MarketBeat.com Staff

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