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NASDAQ:CPLPCapital Product Partners Stock Price, Forecast & News

$8.38
+0.16 (+1.95 %)
(As of 06/3/2020 04:00 PM ET)
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Today's Range
$8.17
Now: $8.38
$8.52
50-Day Range
$7.18
MA: $8.31
$9.97
52-Week Range
$5.18
Now: $8.38
$14.20
Volume57,300 shs
Average Volume103,758 shs
Market Capitalization$155.28 million
P/E Ratio6.65
Dividend Yield16.71%
Beta1.6
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.87 out of 5 stars


Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
Current SymbolNASDAQ:CPLP
CUSIPN/A
Phone00-30-21-0458-4950

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$108.37 million
Cash Flow$3.74 per share
Book Value$21.95 per share

Profitability

Net Income$-122,460,000.00

Miscellaneous

EmployeesN/A
Market Cap$155.28 million
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Capital Product Partners (NASDAQ:CPLP) Frequently Asked Questions

How has Capital Product Partners' stock been impacted by COVID-19 (Coronavirus)?

Capital Product Partners' stock was trading at $8.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CPLP shares have decreased by 1.3% and is now trading at $8.38. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Capital Product Partners?

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

When is Capital Product Partners' next earnings date?

Capital Product Partners is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Capital Product Partners.

How were Capital Product Partners' earnings last quarter?

Capital Product Partners L.P. (NASDAQ:CPLP) issued its earnings results on Wednesday, May, 6th. The shipping company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.10. The shipping company had revenue of $32.49 million for the quarter, compared to the consensus estimate of $33.34 million. Capital Product Partners had a return on equity of 5.86% and a net margin of 20.41%. View Capital Product Partners' earnings history.

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, April 28th. Shareholders of record on Saturday, May 9th will be paid a dividend of $0.35 per share on Friday, May 15th. This represents a $1.40 annualized dividend and a yield of 16.71%. The ex-dividend date is Thursday, May 7th. View Capital Product Partners' dividend history.

When did Capital Product Partners' stock split? How did Capital Product Partners' stock split work?

Capital Product Partners shares 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.

What price target have analysts set for CPLP?

1 brokerages have issued 1 year price targets for Capital Product Partners' shares. Their forecasts range from $15.50 to $15.50. On average, they anticipate Capital Product Partners' stock price to reach $15.50 in the next twelve months. This suggests a possible upside of 85.0% from the stock's current price. View analysts' price targets for Capital Product Partners.

Has Capital Product Partners been receiving favorable news coverage?

News coverage about CPLP stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Capital Product Partners earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned media coverage about the shipping company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutCapital Product Partners.

Are investors shorting Capital Product Partners?

Capital Product Partners saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 68,800 shares, an increase of 9.7% from the April 30th total of 62,700 shares. Based on an average trading volume of 166,200 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.5% of the company's stock are sold short. 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), Enterprise Products Partners (EPD), NGL Energy Partners (NGL), DHT (DHT), KNOT Offshore Partners (KNOP), AGNC Investment (AGNC) and ANNALY CAP MGMT/SH (NLY).

Who are Capital Product Partners' key executives?

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

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 variety of retail and institutional investors. Top institutional shareholders include Donald Smith & CO. Inc. (5.47%), Morgan Stanley (2.45%), Morgan Stanley (2.45%), Aristotle Capital Boston LLC (2.45%), JPMorgan Chase & Co. (2.02%) and Raymond James & Associates (0.62%).

Which institutional investors are selling Capital Product Partners stock?

CPLP stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, JPMorgan Chase & Co., UBS Group AG, Deutsche Bank AG, Arrow Investment Advisors LLC, and BlackRock Inc..

Which institutional 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., Russell Investments Group Ltd., Two Sigma Advisers LP, Raymond James & Associates, Wiley BROS. Aintree Capital LLC, Clear Street Markets LLC, Aristotle Capital Boston LLC, and NEXT Financial Group 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, Robinhood, Fidelity, and Charles Schwab.

What is Capital Product Partners' stock price today?

One share of CPLP stock can currently be purchased for approximately $8.38.

How big of a company is Capital Product Partners?

Capital Product Partners has a market capitalization of $155.28 million and generates $108.37 million in revenue each year. The shipping company earns $-122,460,000.00 in net income (profit) each year or $0.83 on an earnings per share basis.

What is Capital Product Partners' official website?

The official website for Capital Product Partners is 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 00-30-21-0458-4950 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff

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