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.
Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Phone30 2104584950
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$279.25 million
Profitability
Miscellaneous
EmployeesN/A
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. Stockholders of record on Tuesday, February 5th will be given a dividend of $0.045 per share on Thursday, February 14th. This represents a $0.18 annualized dividend and a dividend yield of 7.93%. 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 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 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) released its quarterly earnings data on Thursday, January, 31st. The shipping company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.06 by $0.02. The shipping company earned $61.51 million during the quarter, compared to analyst estimates 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?
What price target have analysts set for CPLP?
3 analysts have issued 1-year target prices for Capital Product Partners' stock. Their predictions range from $2.75 to $3.50. On average, they anticipate Capital Product Partners' stock price to reach $3.0833 in the next twelve months. This suggests a possible upside of 35.8% 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?
News articles about CPLP stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Capital Product Partners earned a coverage optimism score of 1.3 on InfoTrie's scale. They also gave news coverage about the shipping company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the next few days.
Who are some of Capital Product Partners' key competitors?
Some companies that are related to Capital Product Partners include Frontline (FRO), PAC BASIN SHIPP/ADR (PCFBY), Scorpio Tankers (STNG), Seacor (CKH), DHT (DHT), Navigator (NVGS), COSTAMARE INC/SH (CMRE), Star Bulk Carriers (SBLK), DryShips (DRYS), Teekay (TK), Genco Shipping & Trading (GNK), Eagle Bulk Shipping (EGLE), Dorian LPG (LPG), Scorpio Bulkers (SALT) and Diana Shipping (DSX).
What other stocks do shareholders of Capital Product Partners own?
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 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 institutional 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 institutional investors are buying Capital Product Partners stock?
CPLP stock was purchased 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 $2.27.
How big of a company is Capital Product Partners?
Capital Product Partners has a market capitalization of $294.38 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?
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)
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.
