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NASDAQ:CPLP

Capital Product Partners Stock Forecast, Price & News

$6.78
+0.12 (+1.80 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$6.62
Now: $6.78
$6.87
50-Day Range
$5.65
MA: $6.13
$6.86
52-Week Range
$5.18
Now: $6.78
$14.20
Volume73,018 shs
Average Volume143,796 shs
Market Capitalization$125.61 million
P/E Ratio5.26
Dividend Yield6.01%
Beta1.45
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: 3.3Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.15 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$3.70 per share
Book Value$21.95 per share

Profitability

Net Income$-122,460,000.00

Miscellaneous

EmployeesN/A
Market Cap$125.61 million
Next Earnings Date10/29/2020 (Estimated)
OptionableOptionable
$6.78
+0.12 (+1.80 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CPLP shares have decreased by 20.1% and is now trading at $6.78.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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
.

When is Capital Product Partners' next earnings date?

Capital Product Partners is scheduled to release its next quarterly earnings announcement on Thursday, October 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) announced its quarterly earnings data on Friday, July, 31st. The shipping company reported $0.46 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.50 by $0.04. The shipping company had revenue of $35.25 million for the quarter, compared to analysts' expectations of $35.09 million. Capital Product Partners had a net margin of 19.44% and a return on equity of 5.97%.
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 Friday, July 31st. Shareholders of record on Sunday, August 9th will be paid a dividend of $0.10 per share on Friday, August 14th. This represents a $0.40 annualized dividend and a dividend yield of 5.90%. The ex-dividend date is Thursday, August 6th.
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 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 market closes 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 brokerages have issued 12 month price targets for Capital Product Partners' stock. Their forecasts range from $7.00 to $15.50. On average, they anticipate Capital Product Partners' share price to reach $11.25 in the next year. This suggests a possible upside of 65.9% from the stock's current price.
View analysts' price targets for Capital Product Partners
.

Are investors shorting Capital Product Partners?

Capital Product Partners saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 88,000 shares, a decline of 17.1% from the August 15th total of 106,200 shares. Based on an average trading volume of 146,300 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.6% of the shares of the stock are sold short.
View Capital Product Partners' Short Interest
.

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), New Residential Investment (NRZ), Prospect Capital (PSEC), DHT (DHT), AT&T (T), NGL Energy Partners (NGL), Enterprise Products Partners (EPD), Golar LNG Partners (GMLP), AGNC Investment (AGNC) and Washington Prime Group (WPG).

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 institutional and retail investors. Top institutional investors include Donald Smith & CO. Inc. (5.81%), Russell Investments Group Ltd. (0.57%) and Two Sigma Advisers LP (0.22%).

Which major investors are selling Capital Product Partners stock?

CPLP stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, and Russell Investments Group Ltd..

Which major investors are buying Capital Product Partners stock?

CPLP stock was bought by a variety of institutional investors in the last quarter, including Donald Smith & CO. 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 $6.78.

How big of a company is Capital Product Partners?

Capital Product Partners has a market capitalization of $125.61 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 9/19/2020 by MarketBeat.com Staff

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