S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:CPLP

Capital Product Partners Stock Forecast, Price & News

$15.84
-0.08 (-0.50%)
(As of 11/26/2021 12:00 AM ET)
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Compare
Today's Range
$15.55
$15.94
50-Day Range
$12.35
$16.30
52-Week Range
$7.27
$16.69
Volume
82,100 shs
Average Volume
112,775 shs
Market Capitalization
$300.52 million
P/E Ratio
4.58
Dividend Yield
2.53%
Beta
0.96
30 days | 90 days | 365 days | Advanced Chart
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Capital Product Partners logo

About Capital Product Partners

Capital Product Partners LP is a shipping company, which engages in the seaborne transportation of containerized goods and dry cargo. It owns panamax container and capesize bulk carrier vessels. The company was founded on January 16, 2007 and is headquartered in Piraeus, Greece.

Headlines

See More Headlines

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

Sales & Book Value

Annual Sales
$140.87 million
Cash Flow
$4.54 per share
Book Value
$25.67 per share

Profitability

Net Income
$30.37 million
Pretax Margin
41.89%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$300.52 million
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Ex-Dividend
11/04/2021
Dividend Payable
11/12/2021
Today
11/29/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/04/2022

Social Links


MarketRank

Overall MarketRank

2.58 out of 5 stars

Transportation Sector

34th out of 172 stocks

Deep Sea Foreign Transportation Of Freight Industry

10th out of 45 stocks

Analyst Opinion: 2.5Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 3.8 5 -4 -3 -2 -1 -












Capital Product Partners (NASDAQ:CPLP) Frequently Asked Questions

Is Capital Product Partners a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Capital Product Partners in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Capital Product Partners stock.
View analyst ratings for Capital Product Partners
or view top-rated stocks.

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

Capital Product Partners' stock was trading at $8.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CPLP shares have increased by 86.6% and is now trading at $15.84.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Capital Product Partners?

Capital Product Partners saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 70,600 shares, an increase of 35.2% from the September 30th total of 52,200 shares. Based on an average daily trading volume, of 104,100 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.5% of the company's shares are short sold.
View Capital Product Partners' Short Interest
.

When is Capital Product Partners' next earnings date?

Capital Product Partners is scheduled to release its next quarterly earnings announcement on Friday, February 4th 2022.
View our earnings forecast for Capital Product Partners
.

How were Capital Product Partners' earnings last quarter?

Capital Product Partners L.P. (NASDAQ:CPLP) announced its earnings results on Thursday, November, 4th. The shipping company reported $0.62 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.44 by $0.18. The shipping company had revenue of $40.09 million for the quarter, compared to analyst estimates of $36.25 million. Capital Product Partners had a trailing twelve-month return on equity of 8.66% and a net margin of 41.21%. During the same quarter in the prior year, the company posted $0.41 EPS.
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 declared a quarterly dividend on Monday, October 25th. Shareholders of record on Friday, November 5th will be given a dividend of $0.10 per share on Friday, November 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date of this dividend is Thursday, November 4th.
View Capital Product Partners' dividend history
.

Is Capital Product Partners a good dividend stock?

Capital Product Partners pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.53%. Capital Product Partners does not yet have a strong track record of dividend growth. The dividend payout ratio of Capital Product Partners is 11.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Capital Product Partners will have a dividend payout ratio of 8.89% next year. This indicates that Capital Product Partners will be able to sustain or increase its dividend.
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 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 Capital Product Partners stock prior to the reverse split would have 14 shares after the split.

What price target have analysts set for CPLP?

2 analysts have issued 1 year price targets for Capital Product Partners' shares. Their forecasts range from $16.00 to $19.00. On average, they expect Capital Product Partners' share price to reach $17.50 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price.
View analysts' price targets for Capital Product Partners
or view top-rated stocks among Wall Street analysts.

Who are Capital Product Partners' key executives?

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

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 institutional and retail investors. Top institutional shareholders include Donald Smith & CO. Inc. (5.89%), Morgan Stanley (2.30%), Two Sigma Advisers LP (0.90%), Two Sigma Investments LP (0.82%), Citadel Advisors LLC (0.00%) and Goldman Sachs Group Inc. (0.26%).

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, Citadel Advisors LLC, Clear Harbor Asset Management LLC, and NEXT Financial Group 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., Two Sigma Advisers LP, Two Sigma Investments LP, Marshall Wace LLP, Goldman Sachs Group Inc., Cubist Systematic Strategies LLC, Wolverine Trading LLC, and Veriti Management 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 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 $15.84.

How much money does Capital Product Partners make?

Capital Product Partners has a market capitalization of $300.52 million and generates $140.87 million in revenue each year. The shipping company earns $30.37 million in net income (profit) each year or $3.46 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.

What is Capital Product Partners' official website?

The official website for Capital Product Partners is www.capitalpplp.com.

Where are Capital Product Partners' headquarters?

Capital Product Partners is headquartered at 3 IASSONOS STREET, PIRAEUS J3, 18537.

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 302104584950, via email at [email protected], or via fax at 30 2104284285.


This page was last updated on 11/29/2021 by MarketBeat.com Staff

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