NASDAQ:CPLP Capital Product Partners Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Capital Product Partners L.P. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $6.30 -0.12 (-1.87 %) (As of 09/22/2020 04:30 PM ET) Add Compare Share Today's Range$6.26Now: $6.30▼$6.5350-Day Range$5.65MA: $6.17▼$6.8652-Week Range$5.18Now: $6.30▼$14.20Volume73,732 shsAverage Volume142,969 shsMarket Capitalization$116.71 millionP/E Ratio4.88Dividend Yield6.23%Beta1.45 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingCapital Product Partners has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.25, Capital Product Partners has a forecasted upside of 76.3% from its current price of $6.38.Amount of Analyst CoverageCapital Product Partners has only been the subject of 1 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesCapital Product Partners has received 316 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCapital Product Partners has received 383 “underperform” votes. (Add your “underperform” vote.)Community SentimentCapital Product Partners has received 54.79% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipCapital Product Partners is a leading dividend payer. It pays a dividend yield of 5.90%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCapital Product Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Capital Product Partners is 48.19%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Capital Product Partners will have a dividend payout ratio of 28.17% next year. This indicates that Capital Product Partners will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Capital Product Partners insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 16.10% of the stock of Capital Product Partners is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Capital Product Partners are expected to decrease by -5.96% in the coming year, from $1.51 to $1.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Capital Product Partners is 4.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Capital Product Partners is 4.95, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 18.76.Price to Book Value per Share RatioCapital Product Partners has a P/B Ratio of 0.29. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NASDAQ Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNASDAQ:CPLP Previous Symbol CUSIPN/A CIK1392326 Webwww.capitalpplp.com Phone00-30-21-0458-4950Debt Debt-to-Equity Ratio0.87 Current Ratio0.73 Quick Ratio0.70Price-To-Earnings Trailing P/E Ratio4.88 Forward P/E Ratio4.17 P/E GrowthN/A Sales & Book Value Annual Sales$108.37 million Price / Sales1.08 Cash Flow$3.46 per share Price / Cash Flow1.82 Book Value$21.95 per share Price / Book0.29Profitability EPS (Most Recent Fiscal Year)$0.83 Net Income$-122,460,000.00 Net Margins19.44% Return on Equity5.97% Return on Assets3.17%Miscellaneous EmployeesN/A Outstanding Shares18,526,000Market Cap$116.71 million Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $6.30 -0.12 (-1.87 %) (As of 09/22/2020 04:30 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CPLP News and Ratings via Email Sign-up to receive the latest news and ratings for CPLP and its competitors with MarketBeat's FREE daily newsletter. Capital Product Partners (NASDAQ:CPLP) Frequently Asked Questions How has Capital Product Partners' stock 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 stock has decreased by 25.8% and is now trading at $6.30. 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) issued its earnings results on Friday, July, 31st. The shipping company reported $0.46 EPS for the quarter, missing the Zacks' consensus estimate of $0.50 by $0.04. The shipping company earned $35.25 million during the quarter, compared to analyst estimates of $35.09 million. Capital Product Partners had a return on equity of 5.97% and a net margin of 19.44%. 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 Friday, July 31st. Shareholders of record on Sunday, August 9th will be given a dividend of $0.10 per share on Friday, August 14th. This represents a $0.40 annualized dividend and a yield of 6.35%. 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 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 equities research analysts have issued 12 month price targets for Capital Product Partners' shares. Their forecasts range from $7.00 to $15.50. On average, they expect Capital Product Partners' stock price to reach $11.25 in the next twelve months. This suggests a possible upside of 78.6% 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 decrease in short interest during the month of August. As of August 31st, there was short interest totaling 88,000 shares, a decrease of 17.1% from the August 15th total of 106,200 shares. Based on an average daily trading volume, of 146,300 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.6% of the company's stock are short sold. View Capital Product Partners' Short Interest. Who are some of Capital Product Partners' key competitors? Some companies that are related to Capital Product Partners include DryShips (DRYS), Dorian LPG (LPG), Genco Shipping & Trading (GNK), Teekay (TK), Eagle Bulk Shipping (EGLE), Overseas Shipholding Group (OSG), Danaos (DAC), TSAKOS ENERGY N/SH (TNP), Scorpio Bulkers (SALT), Diana Shipping (DSX), Ardmore Shipping (ASC), Safe Bulkers (SB), Pangaea Logistics Solutions (PANL), Global Ship Lease (GSL) and StealthGas (GASS). View all 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 & DirectorGerasimos Ventouris, Chief Operating Officer & DirectorNikolaos Kalapotharakos, Chief Financial OfficerEleni 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 many different institutional and retail investors. Top institutional shareholders 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 purchased 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 $6.30. How big of a company is Capital Product Partners? Capital Product Partners has a market capitalization of $116.71 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]tallink.com. 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