NASDAQ:CPLP - Capital Product Partners Stock Price, News, & Analysis

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$2.19 -0.07 (-3.10 %)
(As of 01/23/2019 02:49 PM ET)
Previous Close$2.26
Today's Range$2.16 - $2.24
52-Week Range$2.05 - $3.57
Volume20,172 shs
Average Volume552,736 shs
Market Capitalization$284.00 million
P/E Ratio8.76
Dividend Yield13.73%
Beta1.05
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.

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Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:CPLP
CUSIPN/A
Phone30 2104584950

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$249.12 million
Cash Flow$0.8725 per share
Book Value$6.35 per share

Profitability

Net Income$38.48 million

Miscellaneous

EmployeesN/A
Market Cap$284.00 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 announced a quarterly dividend on Friday, October 19th. Investors 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 14.68%. 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 Wednesday, October, 31st. The shipping company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by $0.01. The shipping company had revenue of $58.74 million for the quarter, compared to analyst estimates of $57.17 million. Capital Product Partners had a negative net margin of 3.33% and a positive return on equity of 2.61%. View Capital Product Partners' Earnings History.

When is Capital Product Partners' next earnings date?

Capital Product Partners is scheduled to release their next quarterly earnings announcement on Thursday, January 31st 2019. View Earnings Estimates for Capital Product Partners.

What price target have analysts set for CPLP?

3 analysts have issued 12-month price targets for Capital Product Partners' stock. Their predictions range from $2.75 to $3.50. On average, they expect Capital Product Partners' share price to reach $3.0833 in the next year. This suggests a possible upside of 41.4% from the stock's current price. View Analyst Price Targets for Capital Product Partners.

What is the consensus analysts' recommendation for Capital Product Partners?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capital Product Partners in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Capital Product Partners.

Has Capital Product Partners been receiving favorable news coverage?

Press coverage about CPLP stock has been trending somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Capital Product Partners earned a daily sentiment score of 1.4 on InfoTrie's scale. They also gave news stories about the shipping company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near future.

Are investors shorting Capital Product Partners?

Capital Product Partners saw a increase in short interest in December. As of December 31st, there was short interest totalling 1,126,324 shares, an increase of 43.9% from the December 14th total of 782,594 shares. Based on an average daily volume of 843,650 shares, the days-to-cover ratio is presently 1.3 days. Currently, 1.2% of the shares of the company are short sold. View Capital Product Partners' Current Options Chain.

Who are some of Capital Product Partners' key competitors?

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 many different of retail and institutional investors. Top institutional shareholders include Virtu Financial LLC (0.03%).

Which major investors are buying Capital Product Partners stock?

CPLP stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial 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 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 $2.18.

How big of a company is Capital Product Partners?

Capital Product Partners has a market capitalization of $282.70 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?

The official website for Capital Product Partners is http://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 30 2104584950 or via email at [email protected]


MarketBeat Community Rating for Capital Product Partners (NASDAQ CPLP)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  242 (Vote Outperform)
Underperform Votes:  306 (Vote Underperform)
Total Votes:  548
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.
This page was last updated on 1/23/2019 by MarketBeat.com Staff

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