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NASDAQ:CPLP

Capital Product Partners (CPLP) Stock Price, News & Analysis

$16.77
+0.35 (+2.13%)
(As of 08/23/2024)
Today's Range
$16.22
$16.77
50-Day Range
$15.60
$17.18
52-Week Range
$12.70
$18.85
Volume
9,300 shs
Average Volume
74,123 shs
Market Capitalization
$928.86 million
P/E Ratio
7.32
Dividend Yield
3.58%
Price Target
$20.67

Capital Product Partners MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
23.2% Upside
$20.67 Price Target
Short Interest
Healthy
0.37% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
11.46%
From $1.57 to $1.75 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.20 out of 5 stars

Transportation Sector

61st out of 120 stocks

Deep Sea Foreign Transportation Of Freight Industry

14th out of 27 stocks

CPLP stock logo

About Capital Product Partners Stock (NASDAQ:CPLP)

Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. The company's vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and dry bulk cargo under short-term voyage charters, and medium to long-term time charters. It also owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers. In addition, the company produces and distributes oil and natural gas, including biofuels, motor oil, lubricants, petrol, crudes, liquefied natural gas, marine fuels, natural gas liquids, and petrochemicals. 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.

CPLP Stock Price History

CPLP Stock News Headlines

The only candlestick pattern worth a darn
It’s widely known that 80% of daily market action is driven by Wall Street algorithms… Now, most people think of the algorithms are “bad” When in reality, they are neither good nor bad… They are simply programmed to buy and sell certain stocks over and over again… But here is the thing… They are predictable… They typically buy the same stocks at the same levels over and over again…
The only candlestick pattern worth a darn
It’s widely known that 80% of daily market action is driven by Wall Street algorithms… Now, most people think of the algorithms are “bad” When in reality, they are neither good nor bad… They are simply programmed to buy and sell certain stocks over and over again… But here is the thing… They are predictable… They typically buy the same stocks at the same levels over and over again…
Capital Product Partners LP earnings: here's what Wall Street expects
Enterprise Products Partners LP earnings preview: what to expect
Capital Product Partners L.P.
See More Headlines
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Company Calendar

Last Earnings
8/02/2024
Ex-Dividend for 8/12 Dividend
8/06/2024
Dividend Payable
8/12/2024
Today
9/07/2024
Next Earnings (Estimated)
11/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Transportation
Current Symbol
NASDAQ:CPLP
Employees
2,020
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$20.67
High Stock Price Target
$24.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+23.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$47.21 million
Pretax Margin
18.51%

Debt

Sales & Book Value

Annual Sales
$393.20 million
Cash Flow
$2.70 per share
Book Value
$21.21 per share

Miscellaneous

Free Float
N/A
Market Cap
$928.86 million
Optionable
Optionable
Beta
0.87

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Key Executives

  • Mr. Gerasimos G. Kalogiratos (Age 47)
    CEO of Capital GP LLC & Director
  • Mr. Nikolaos Kalapotharakos (Age 49)
    Chief Financial Officer of Capital GP LLC
  • Mr. Spyridon Leousis (Age 45)
    Chief Commercial Officer of Capital GP LLC
  • Ms. Eleni Tsoukala (Age 46)
    Independent Director & Secretary

CPLP Stock Analysis - Frequently Asked Questions

How have CPLP shares performed this year?

Capital Product Partners' stock was trading at $14.20 at the start of the year. Since then, CPLP shares have increased by 18.1% and is now trading at $16.77.
View the best growth stocks for 2024 here
.

How were Capital Product Partners' earnings last quarter?

Capital Product Partners L.P. (NASDAQ:CPLP) issued its earnings results on Friday, August, 2nd. The shipping company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.17 by $0.23. The shipping company had revenue of $97.67 million for the quarter, compared to analysts' expectations of $90.22 million. Capital Product Partners had a trailing twelve-month return on equity of 6.30% and a net margin of 18.51%.

When did Capital Product Partners' stock split?

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 stock prior to the reverse split would have 14 shares after the split.

How do I buy shares of Capital Product Partners?

Shares of CPLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Capital Product Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and NGL Energy Partners (NGL).

This page (NASDAQ:CPLP) was last updated on 9/7/2024 by MarketBeat.com Staff

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