NASDAQ:CPLP

Capital Product Partners Stock Forecast, Price & News

$12.86
+0.30 (+2.39 %)
(As of 06/21/2021 03:23 PM ET)
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Today's Range
$12.69
$12.95
50-Day Range
$10.63
$13.45
52-Week Range
$5.48
$13.65
Volume1,524 shs
Average Volume108,604 shs
Market Capitalization$243.98 million
P/E Ratio7.07
Dividend Yield3.18%
Beta1.1
30 days | 90 days | 365 days | Advanced Chart
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Capital Product Partners logo

About Capital Product Partners

Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. Its vessels transports a range of dry cargoes and containerized goods under short-term voyage charters, and medium to long-term time and bareboat charters. As of April 26, 2021, the company owned 17 vessels, including thirteen Neo-Panamax container vessels, three Panamax container vessels, and one Capesize bulk carrier. Capital GP L.L.C. serves as the general partner of the company. The company was incorporated in 2007 and is headquartered in Piraeus, Greece.

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MarketRank

Overall MarketRank

1.64 out of 5 stars

Transportation Sector

42nd out of 248 stocks

Deep Sea Foreign Transportation Of Freight Industry

11th out of 55 stocks

Analyst Opinion: 1.5Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
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Capital Product Partners (NASDAQ:CPLP) Frequently Asked Questions

Is Capital Product Partners a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capital Product Partners in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Capital Product Partners stock.
View analyst ratings for Capital Product Partners
or view top-rated stocks.

What stocks does MarketBeat like better than Capital Product Partners?

Wall Street analysts have given Capital Product Partners a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Capital Product Partners wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Capital Product Partners' next earnings date?

Capital Product Partners is scheduled to release its next quarterly earnings announcement on Friday, July 30th 2021.
View our earnings forecast for Capital Product Partners
.

How were Capital Product Partners' earnings last quarter?

Capital Product Partners L.P. (NASDAQ:CPLP) released its quarterly earnings data on Thursday, April, 29th. The shipping company reported $0.57 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.14. The shipping company earned $35.90 million during the quarter, compared to analyst estimates of $35.40 million. Capital Product Partners had a trailing twelve-month return on equity of 8.12% and a net margin of 23.44%.
View Capital Product Partners' earnings history
.

How has Capital Product Partners' stock price been impacted by Coronavirus?

Capital Product Partners' stock was trading at $8.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CPLP stock has increased by 51.5% and is now trading at $12.86.
View which stocks have been most impacted by COVID-19
.

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 Tuesday, April 27th. Stockholders of record on Monday, May 3rd will be given a dividend of $0.10 per share on Monday, May 10th. This represents a $0.40 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date is Friday, April 30th.
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 3.18%. Capital Product Partners does not yet have a strong track record of dividend growth. The dividend payout ratio of Capital Product Partners is 25.00%. 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 19.80% 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?

Capital Product Partners's stock 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 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?

3 analysts have issued 12 month target prices for Capital Product Partners' stock. Their forecasts range from $9.50 to $16.00. On average, they expect Capital Product Partners' stock price to reach $13.83 in the next twelve months. This suggests a possible upside of 7.6% 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:
  • Mr. Gerasimos G. Kalogiratos, CEO of Capital GP LLC & Director (Age 44)
  • Mr. Nikolaos Kalapotharakos, Chief Financial Officer of Capital GP LLC (Age 46)
  • Ms. Eleni Tsoukala, Independent Director & Sec. (Age 43)

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 (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 many different retail and institutional investors. Top institutional shareholders include Donald Smith & CO. Inc. (5.80%), Aristotle Capital Boston LLC (2.38%), Morgan Stanley (2.23%), Russell Investments Group Ltd. (0.49%), Sei Investments Co. (0.38%) and UBS Group AG (0.30%).

Which major investors are selling Capital Product Partners stock?

CPLP stock was sold by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Morgan Stanley, Sei Investments Co., Russell Investments Group Ltd., and Aristotle Capital Boston LLC.

Which major investors are buying Capital Product Partners stock?

CPLP stock was purchased by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, UBS Group AG, Clear Harbor Asset Management LLC, Millennium Management LLC, Goldman Sachs Group Inc., and Ameriprise Financial 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 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 $12.86.

How much money does Capital Product Partners make?

Capital Product Partners has a market capitalization of $243.98 million and generates $140.87 million in revenue each year. The shipping company earns $30.37 million in net income (profit) each year or $1.60 on an earnings per share basis.

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 00-30-21-0458-4950 or via email at [email protected]


This page was last updated on 6/21/2021 by MarketBeat.com Staff
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