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.
Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Phone00-30-21-0458-4950
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$279.25 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date10/30/2019 (Estimated)
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 Tuesday, July 23rd. Stockholders of record on Friday, August 2nd will be given a dividend of $0.315 per share on Thursday, August 15th. This represents a $1.26 annualized dividend and a dividend yield of 10.76%. The ex-dividend date of this dividend is Thursday, August 1st. 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 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.
How were Capital Product Partners' earnings last quarter?
Capital Product Partners L.P. (NASDAQ:CPLP) announced its earnings results on Wednesday, July, 31st. The shipping company reported $0.44 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $0.01. The shipping company earned $26.83 million during the quarter, compared to the consensus estimate of $27.32 million. Capital Product Partners had a positive return on equity of 5.70% and a negative net margin of 69.36%. View Capital Product Partners' Earnings History.
When is Capital Product Partners' next earnings date?
What price target have analysts set for CPLP?
2 brokers have issued 1-year price targets for Capital Product Partners' stock. Their predictions range from $14.00 to $21.00. On average, they expect Capital Product Partners' share price to reach $17.50 in the next twelve months. This suggests a possible upside of 49.4% from the stock's current price. View Analyst Price Targets for Capital Product Partners.
What is the consensus analysts' recommendation for Capital Product Partners?
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 trended somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. 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 coverage optimism score of 0.8 on InfoTrie's scale. They also gave media stories about the shipping company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Capital Product Partners.
Are investors shorting Capital Product Partners?
Capital Product Partners saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 37,200 shares, an increase of 16.3% from the August 30th total of 32,000 shares. Based on an average daily volume of 94,100 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the company's stock 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 COSTAMARE INC/SH (CMRE), Dorian LPG (LPG), Navigator (NVGS), Scorpio Bulkers (SALT), Teekay (TK), DryShips (DRYS), Genco Shipping & Trading (GNK), Diana Shipping (DSX), TSAKOS ENERGY N/SH (TNP), Eagle Bulk Shipping (EGLE), Ardmore Shipping (ASC), SEACOR Marine (SMHI), Navios Maritime Partners (NMM), Danaos (DAC) and Safe Bulkers (SB).
What other stocks do shareholders of Capital Product Partners own?
Who are Capital Product Partners' key executives?
Capital Product Partners' management team includes the folowing people:
- Gerasimos G. Kalogiratos, Chief Executive Officer & Director
- Gerasimos Ventouris, Chief Operating Officer & Director
- Nikolaos Kalapotharakos, Chief Financial Officer
- Eleni Tsoukala, Secretary & Director
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 $11.71.
How big of a company is Capital Product Partners?
Capital Product Partners has a market capitalization of $212.89 million and generates $279.25 million in revenue each year. The shipping company earns $-100,000.00 in net income (profit) each year or $0.98 on an earnings per share basis. View Additional Information About Capital Product Partners.
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 00-30-21-0458-4950 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.
