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Stock market today: Asian shares are mostly higher after another set of Wall St records
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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
NASDAQ:CPLP

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

$17.40
-0.05 (-0.29%)
(As of 03/28/2024 ET)
Today's Range
$17.29
$17.66
50-Day Range
$17.04
$18.48
52-Week Range
$12.02
$18.85
Volume
9,927 shs
Average Volume
52,735 shs
Market Capitalization
$358.44 million
P/E Ratio
8.02
Dividend Yield
3.45%
Price Target
$21.00

Capital Product Partners MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
20.7% Upside
$21.00 Price Target
Short Interest
Healthy
0.58% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.17mentions of Capital Product Partners in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.59%
From $1.79 to $1.89 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.

3.42 out of 5 stars

Transportation Sector

48th out of 116 stocks

Deep Sea Foreign Transportation Of Freight Industry

13th out of 26 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

CPLP Capital Product Partners L.P. Common Units
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Capital Product Partners LP
Capital One Deal, BHP Results, More
CPLP Mar 2024 10.000 put
Regeneron Pharma Q4 Results Top Estimates - Update
Earnings Preview: Capital Product Partners
A New Solution for CO2 Emissions: Bury Them at Sea
Capital Product Partners L.P. Announces Cash Distribution
See More Headlines
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Company Calendar

Last Earnings
2/02/2024
Ex-Dividend for 2/13 Dividend
2/05/2024
Dividend Payable
2/13/2024
Today
3/29/2024
Next Earnings (Estimated)
5/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$21.00
High Stock Price Target
$24.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+20.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$47.21 million
Pretax Margin
16.12%

Debt

Sales & Book Value

Annual Sales
$360.59 million
Cash Flow
$7.98 per share
Book Value
$30.99 per share

Miscellaneous

Free Float
N/A
Market Cap
$358.44 million
Optionable
Optionable
Beta
0.86

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CPLP Stock Analysis - Frequently Asked Questions

Should I buy or sell Capital Product Partners stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capital Product Partners in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CPLP shares.
View CPLP analyst ratings
or view top-rated stocks.

What is Capital Product Partners' stock price target for 2024?

3 brokers have issued 1 year target prices for Capital Product Partners' stock. Their CPLP share price targets range from $18.00 to $24.00. On average, they expect the company's stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 20.7% from the stock's current price.
View analysts price targets for CPLP
or view top-rated stocks among Wall Street analysts.

How have CPLP shares performed in 2024?

Capital Product Partners' stock was trading at $14.20 at the beginning of 2024. Since then, CPLP shares have increased by 22.5% and is now trading at $17.40.
View the best growth stocks for 2024 here
.

Are investors shorting Capital Product Partners?

Capital Product Partners saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 58,000 shares, an increase of 7.2% from the February 29th total of 54,100 shares. Based on an average daily volume of 154,500 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.6% of the shares of the stock are sold short.
View Capital Product Partners' Short Interest
.

When is Capital Product Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our CPLP earnings forecast
.

How were Capital Product Partners' earnings last quarter?

Capital Product Partners L.P. (NASDAQ:CPLP) posted its quarterly earnings results on Friday, February, 2nd. The shipping company reported $0.61 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.65 by $0.04. The shipping company earned $92.50 million during the quarter, compared to the consensus estimate of $93.32 million. Capital Product Partners had a trailing twelve-month return on equity of 7.78% and a net margin of 13.09%. During the same quarter in the previous year, the firm posted $1.03 EPS.

How often does Capital Product Partners pay dividends? What is the dividend yield for Capital Product Partners?

Capital Product Partners declared a quarterly dividend on Thursday, January 25th. Stockholders of record on Tuesday, February 6th will be paid a dividend of $0.15 per share on Tuesday, February 13th. This represents a $0.60 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date of this dividend is Monday, February 5th.
Read our dividend analysis for CPLP
.

Is Capital Product Partners a good dividend stock?

Capital Product Partners (NASDAQ:CPLP) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.44%. The dividend payout ratio is 27.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPLP will have a dividend payout ratio of 31.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CPLP.

What ETF holds Capital Product Partners' stock?

Global X MSCI Greece ETF holds 204,979 shares of CPLP stock, representing 1.45% of its portfolio.

When did Capital Product Partners' stock split?

Capital Product Partners's stock 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 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.

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 (ET), New Residential Investment (NRZ), Prospect Capital (PSEC), AT&T (T), DHT (DHT), Enterprise Products Partners (EPD), NGL Energy Partners (NGL), Golar LNG Partners (GMLP), AGNC Investment (AGNC) and Two Harbors Investment (TWO).

Who are Capital Product Partners' major shareholders?

Capital Product Partners' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Donald Smith & CO. Inc. (7.19%), Pale Fire Capital SE (1.02%), Mirae Asset Global Investments Co. Ltd. (0.77%), Wolverine Trading LLC (0.09%), Royal Bank of Canada (0.03%) and Citadel Advisors LLC (0.00%).

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.

This page (NASDAQ:CPLP) was last updated on 3/29/2024 by MarketBeat.com Staff

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