Free Trial
Notice: This company has been marked as potentially delisted and may not be actively trading.
NASDAQ:CPLP

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

Capital Product Partners logo

About Capital Product Partners Stock (NASDAQ:CPLP)

Key Stats

Today's Range
$16.22
$16.77
50-Day Range
$15.60
$16.95
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
Consensus Rating
Moderate Buy

Company Overview

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.

Receive CPLP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Capital Product Partners and its competitors with MarketBeat's FREE daily newsletter.

CPLP Stock News Headlines

This Bull Market Indicator called NVDA at $116
Every now and again we find an investment idea so incredible we can’t help but share. And today is one of those rare days… Except, today we won't be giving you insight on any one particular stock… But rather, insight on a revolutionary new stock picking indicator… In fact, within the last year, this indicator has become famous for a multitude of reasons… But one of the biggest was because of the buy signal it issued on October 18th, 2022. In fact, on that very day, it said to buy NVDA at $116.37… Anyone who did would be sitting on a tremendously large return today… But even if you missed the original buy signal from October, this incredible indicator issued 11 other buy signals while Nvidia made its epic run…
Kepler Capital Keeps Their Buy Rating on Interpump Group SPA (0EWD)
See More Headlines

CPLP Stock Analysis - Frequently Asked Questions

Capital Product Partners L.P. (NASDAQ:CPLP) announced its quarterly earnings results on Friday, August, 2nd. The shipping company reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.23. The shipping company earned $97.67 million during 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%.

Capital Product Partners shares reverse split on the morning of 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 market closes 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Capital Product Partners investors own include NVIDIA (NVDA), Broadcom (AVGO), General Electric (GE), Adobe (ADBE), Arista Networks (ANET), Meta Platforms (META) and Builders FirstSource (BLDR).

Company Calendar

Last Earnings
8/02/2024
Today
11/21/2024
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

Social Links

These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

This page (NASDAQ:CPLP) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners