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
Stock Exchange NASDAQ
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:CPLP
Previous Symbol
CUSIPN/A
Phone30 2104584950
Debt
Debt-to-Equity Ratio0.46
Current Ratio0.54
Quick Ratio0.48
Price-To-Earnings
Trailing P/E Ratio10.72
Forward P/E Ratio22.33
P/E GrowthN/A
Sales & Book Value
Annual Sales$249.12 million
Price / Sales1.40
Cash Flow$0.9306 per share
Price / Cash2.88
Book Value$6.80 per share
Price / Book0.39
Profitability
EPS (Most Recent Fiscal Year)$0.25
Net Income$38.48 million
Net Margins-3.33%
Return on Equity2.61%
Return on Assets1.59%
Miscellaneous
EmployeesN/A
Outstanding Shares129,680,000
Market Cap$347.56 million
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 Friday, October 19th. Stockholders of record on Monday, November 5th will be paid a dividend of $0.08 per share on Wednesday, November 14th. This represents a $0.32 annualized dividend and a dividend yield of 11.94%. The ex-dividend date is Friday, November 2nd. View Capital Product Partners' Dividend History.
How were Capital Product Partners' earnings last quarter?
Capital Product Partners L.P. (NASDAQ:CPLP) posted its quarterly earnings data on Friday, July, 29th. The shipping company reported $0.10 EPS for the quarter, hitting analysts' consensus estimates of $0.10. The shipping company earned $60.90 million during the quarter, compared to analyst estimates of $60.89 million. Capital Product Partners had a positive return on equity of 2.61% and a negative net margin of 3.33%. View Capital Product Partners' Earnings History.
When is Capital Product Partners' next earnings date?
What price target have analysts set for CPLP?
2 equities research analysts have issued twelve-month target prices for Capital Product Partners' stock. Their forecasts range from $3.50 to $5.00. On average, they expect Capital Product Partners' stock price to reach $4.25 in the next year. This suggests a possible upside of 58.6% 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?
Headlines about CPLP stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Capital Product Partners earned a news impact score of 2.0 on InfoTrie's scale. They also gave media headlines about the shipping company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.
Are investors shorting Capital Product Partners?
Capital Product Partners saw a decrease in short interest during the month of October. As of October 15th, there was short interest totalling 423,494 shares, a decrease of 35.9% from the September 28th total of 660,626 shares. Based on an average daily trading volume, of 280,811 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.4% of the company's shares are sold short. View Capital Product Partners' Current Options Chain.
Who are some of Capital Product Partners' key competitors?
Some companies that are related to Capital Product Partners include Euronav (EURN), SEASPAN Corp/SH SH (SSW), Frontline (FRO), Pac BASIN SHIPP/ADR (PCFBY), Scorpio Tankers (STNG), Seacor (CKH), Navigator (NVGS), DHT (DHT), Star Bulk Carriers (SBLK), COSTAMARE Inc/SH (CMRE), DryShips (DRYS), Teekay (TK), Scorpio Bulkers (SALT), Dorian LPG (LPG) and Genco Shipping & Trading (GNK).
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 41)
- Mr. Nikolaos Kalapotharakos, Chief Financial Officer of Capital GP LLC (Age 43)
- Mr. Gerasimos Ventouris, Chief Operating Officer of Capital GP LLC (Age 67)
- Ms. Eleni Tsoukala, Director & Sec. (Age 40)
Who are Capital Product Partners' major shareholders?
Capital Product Partners' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Donald Smith & CO. Inc. (1.74%), Mirae Asset Global Investments Co. Ltd. (1.47%), JPMorgan Chase & Co. (1.07%), JPMorgan Chase & Co. (1.07%), Aristotle Capital Boston LLC (1.03%) and Goodman Financial Corp (0.73%).
Which major investors are selling Capital Product Partners stock?
CPLP stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC and GSA Capital Partners LLP.
Which major 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., Mirae Asset Global Investments Co. Ltd., JPMorgan Chase & Co., JPMorgan Chase & Co., Aristotle Capital Boston LLC, Russell Investments Group Ltd., Goodman Financial Corp and Eagle Boston Investment Management 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 $2.68.
How big of a company is Capital Product Partners?
Capital Product Partners has a market capitalization of $347.56 million and generates $249.12 million in revenue each year. The shipping company earns $38.48 million in net income (profit) each year or $0.25 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.
