CrossAmerica Partners - CAPL Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CrossAmerica Partners in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" CAPL shares.
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1 Wall Street research analysts have issued 12 month price objectives for CrossAmerica Partners' shares. Their CAPL share price forecasts range from $15.00 to $15.00. On average, they anticipate the company's stock price to reach $15.00 in the next year. This suggests that the stock has a possible downside of 30.1%.
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CrossAmerica Partners' stock was trading at $19.06 at the start of the year. Since then, CAPL stock has increased by 12.6% and is now trading at $21.46.
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CrossAmerica Partners saw a decrease in short interest in July. As of July 15th, there was short interest totaling 62,400 shares, a decrease of 23.0% from the June 30th total of 81,000 shares. Based on an average daily volume of 45,600 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.3% of the shares of the company are short sold.
View CrossAmerica Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our CAPL earnings forecast.

CrossAmerica Partners LP (NYSE:CAPL) announced its quarterly earnings results on Sunday, November, 7th. The oil and gas company reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.02. The oil and gas company earned $985.12 million during the quarter, compared to analyst estimates of $744.01 million. CrossAmerica Partners had a trailing twelve-month return on equity of 73.25% and a net margin of 0.85%. During the same period in the previous year, the company posted $0.29 EPS.

CrossAmerica Partners announced a quarterly dividend on Thursday, July 21st. Shareholders of record on Wednesday, August 3rd will be given a dividend of $0.525 per share on Wednesday, August 10th. This represents a $2.10 annualized dividend and a yield of 9.79%. The ex-dividend date of this dividend is Tuesday, August 2nd.
Read our dividend analysis for CAPL.

CrossAmerica Partners (NYSE:CAPL) pays an annual dividend of $2.10 per share and currently has a dividend yield of 9.93%. CAPL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 203.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CAPL will have a dividend payout ratio of 216.49% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CAPL.

Based on aggregate information from My MarketBeat watchlists, some companies that other CrossAmerica Partners investors own include Abiomed (ABMD), Energy Transfer (ET), bluebird bio (BLUE), Enterprise Products Partners (EPD), NXP Semiconductors (NXPI), Bank of America (BAC), New Residential Investment (NRZ), AT&T (T), Monroe Capital (MRCC) and NGL Energy Partners (NGL).

CrossAmerica Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "CAPL."

CrossAmerica Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include Clearbridge Investments LLC (1.77%), Bramshill Investments LLC (0.19%), BNP Paribas Arbitrage SA (0.10%), Janney Montgomery Scott LLC (0.06%), Tortoise Index Solutions LLC (0.04%) and Outlook Wealth Advisors LLC (0.03%). Insiders that own company stock include John B Reilly III, Joseph V Jr Topper, Keenan D Lynch, Maura Topper and Mickey Kim.
View institutional ownership trends.

Shares of CAPL stock 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.
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One share of CAPL stock can currently be purchased for approximately $21.46.

CrossAmerica Partners (NYSE:CAPL) has a market capitalization of $813.96 million and generates $3.58 billion in revenue each year. The oil and gas company earns $21.65 million in net income (profit) each year or $1.03 on an earnings per share basis.

The company employs 2,020 workers across the globe.

CrossAmerica Partners' mailing address is 600 HAMILTON STREET SUITE 500, ALLENTOWN PA, 18101. The official website for the company is www.crossamericapartners.com. The oil and gas company can be reached via phone at (610) 625-8000, via email at info@caplp.com, or via fax at 610-776-6270.