NASDAQ:CPLPCapital Product Partners Stock Price, Forecast & 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 $8.60 -0.01 (-0.12 %) (As of 05/27/2020 11:30 AM ET) Add Compare Share Today's Range$8.60Now: $8.60▼$8.8250-Day Range$6.37MA: $8.15▼$9.9752-Week Range$5.18Now: $8.60▼$14.20Volume1,494 shsAverage Volume126,885 shsMarket Capitalization$159.36 millionP/E Ratio6.83Dividend Yield17.39%Beta1.67 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 3.5 Analyst's Opinion Consensus RatingCapital Product Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.50, Capital Product Partners has a potential upside of 76.3% from its current price of $8.79.Amount of Analyst CoverageCapital Product Partners has received no research coverage 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 381 “underperform” votes. (Add your “underperform” vote.)Community SentimentCapital Product Partners has received 54.66% “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 1.7 Dividend Strength Dividend LeadershipCapital Product Partners is a leading dividend payer. It pays a dividend yield of 17.39%, 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 168.67 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Capital Product Partners will have a dividend payout ratio of 103.70 % in the coming year. This indicates that Capital Product Partners may not be able to sustain their current 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 18.87% 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 -11.76% in the coming year, from $1.53 to $1.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Capital Product Partners is 6.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.54.Price to Earnings Ratio vs. SectorThe P/E ratio of Capital Product Partners is 6.98, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 14.41.Price to Book Value per Share RatioCapital Product Partners has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.87 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 Ratio0.81 Current Ratio0.28 Quick Ratio0.26Price-To-Earnings Trailing P/E Ratio6.83 Forward P/E Ratio5.62 P/E GrowthN/A Sales & Book Value Annual Sales$108.37 million Price / Sales1.47 Cash Flow$3.98 per share Price / Cash Flow2.16 Book Value$21.98 per share Price / Book0.39Profitability EPS (Most Recent Fiscal Year)$0.83 Net Income$-122,460,000.00 Net Margins20.41% Return on Equity5.86% Return on Assets3.26%Miscellaneous EmployeesN/A Outstanding Shares18,530,000Market Cap$159.36 million Next Earnings Date7/29/2020 (Estimated) OptionableOptionable NASDAQ:CPLP Rates by TradingView 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 COVID-19 (Coronavirus)? Capital Product Partners' stock was trading at $8.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CPLP stock has increased by 3.5% and is now trading at $8.79. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Capital Product Partners? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capital Product Partners in the last year. There are currently 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 Wednesday, July 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) released its quarterly earnings data on Wednesday, May, 6th. The shipping company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.45 by $0.10. The shipping company had revenue of $32.49 million for the quarter, compared to analyst estimates of $33.34 million. Capital Product Partners had a net margin of 20.41% and a return on equity of 5.86%. 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 Tuesday, April 28th. Stockholders of record on Saturday, May 9th will be paid a dividend of $0.35 per share on Friday, May 15th. This represents a $1.40 dividend on an annualized basis and a yield of 15.93%. The ex-dividend date of this dividend is Thursday, May 7th. 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 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 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? 1 brokers have issued 12 month price targets for Capital Product Partners' shares. Their forecasts range from $15.50 to $15.50. On average, they expect Capital Product Partners' stock price to reach $15.50 in the next year. This suggests a possible upside of 76.3% from the stock's current price. View analysts' price targets for Capital Product Partners. Has Capital Product Partners been receiving favorable news coverage? News coverage about CPLP stock has trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 -1.0 on InfoTrie's scale. They also assigned news headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCapital Product Partners. Are investors shorting Capital Product Partners? Capital Product Partners saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 68,800 shares, an increase of 9.7% from the April 30th total of 62,700 shares. Based on an average daily trading volume, of 166,200 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.5% 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 PAC BASIN SHIPP/ADR (PCFBY), Torm (TRMD), COSTAMARE INC/SH (CMRE), Seacor (CKH), Star Bulk Carriers (SBLK), DryShips (DRYS), Dorian LPG (LPG), Navigator (NVGS), Teekay (TK), TSAKOS ENERGY N/SH (TNP), Genco Shipping & Trading (GNK), Overseas Shipholding Group (OSG), Ardmore Shipping (ASC), Eagle Bulk Shipping (EGLE) and Diana Shipping (DSX). 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), Prospect Capital (PSEC), AT&T (T), New Residential Investment (NRZ), Enterprise Products Partners (EPD), NGL Energy Partners (NGL), DHT (DHT), KNOT Offshore Partners (KNOP), AGNC Investment (AGNC) and ANNALY CAP MGMT/SH (NLY). 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 retail and institutional investors. Top institutional shareholders include Donald Smith & CO. Inc. (5.47%), Morgan Stanley (2.45%), Morgan Stanley (2.45%), Aristotle Capital Boston LLC (2.45%), JPMorgan Chase & Co. (2.02%) and Raymond James & Associates (0.62%). Which major investors are selling Capital Product Partners stock? CPLP stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, JPMorgan Chase & Co., UBS Group AG, Deutsche Bank AG, Arrow Investment Advisors LLC, and BlackRock Inc.. 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., Russell Investments Group Ltd., Two Sigma Advisers LP, Raymond James & Associates, Wiley BROS. Aintree Capital LLC, Clear Street Markets LLC, Aristotle Capital Boston LLC, and NEXT Financial Group 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 $8.79. How big of a company is Capital Product Partners? Capital Product Partners has a market capitalization of $162.88 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 5/27/2020 by MarketBeat.com Staff
