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

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.

Key Stats

• Today's Range: $16.22 to $16.77
• 50-Day Range: $15.60 to $16.95
• 52-Week Range: $12.70 to $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

CPLP Stock Analysis - Frequently Asked Questions

How were Capital Product Partners' earnings last quarter?

Capital Product Partners L.P. (NASDAQ:CPLP) released 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 earned $97.67 million during the quarter, compared to analyst estimates of $90.22 million. Capital Product Partners had a net margin of 18.51% and a trailing twelve-month return on equity of 6.30%.

When did Capital Product Partners' stock split?

Capital Product Partners's stock 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 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.

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 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
• Ex-Dividend for 8/12 Dividend: 8/06/2024
• Dividend Payable: 8/12/2024
• Today: 11/08/2024
• Next Earnings (Estimated): 11/11/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Deep sea foreign transportation of freight
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:CPLP
• CUSIP: N/A
• CIK: 1392326
• Web: www.capitalpplp.com
• Phone: 302104584950
• Fax: 30 2104284285
• 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

• EPS (Most Recent Fiscal Year): $2.29
• Trailing P/E Ratio: 7.32
• Forward P/E Ratio: 10.68
• P/E Growth: N/A
• Net Income: $47.21 million
• Net Margins: 18.51%
• Pretax Margin: 18.51%
• Return on Equity: 6.30%
• Return on Assets: 2.05%

Debt

• Debt-to-Equity Ratio: 1.48
• Current Ratio: 1.41
• Quick Ratio: 1.20

Sales & Book Value

• Annual Sales: $393.20 million
• Price / Sales: 2.36
• Cash Flow: $2.70 per share
• Price / Cash Flow: 6.20
• Book Value: $21.21 per share
• Price / Book: 0.79

Miscellaneous

• Outstanding Shares: 55,388,000
• Free Float: N/A
• Market Cap: $928.86 million
• Optionable: Optionable
• Beta: 0.87