Capital Product Partners L.P. (CPLP)

NASDAQ: CPLP · IEX Real-Time Price · USD
16.95
-0.23 (-1.34%)
Jul 2, 2024, 4:30 PM EDT - Market closed
-1.34%
Market Cap 937.99M
Revenue (ttm) 384.06M
Net Income (ttm) 69.51M
Shares Out 55.34M
EPS (ttm) 2.27
PE Ratio 7.55
Forward PE n/a
Dividend $0.60 (3.54%)
Ex-Dividend Date May 6, 2024
Volume 14,457
Open 17.44
Previous Close 17.18
Day's Range 16.90 - 17.47
52-Week Range 12.70 - 18.85
Beta 0.87
Analysts Strong Buy
Price Target 22.00 (+29.79%)
Earnings Date Jul 26, 2024

About 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 cargo under short-term voyage charters, and medium to long-term time charters. It 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, liqu... [Read more]

Industry Marine Shipping
Sector Industrials
IPO Date Mar 30, 2007
Country Greece
Stock Exchange NASDAQ
Ticker Symbol CPLP
Full Company Profile

Financial Performance

In 2023, CPLP's revenue was $360.59 million, an increase of 20.57% compared to the previous year's $299.07 million. Earnings were $45.60 million, a decrease of -61.87%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CPLP stock is "Strong Buy." The 12-month stock price forecast is $22.0, which is an increase of 29.79% from the latest price.

Price Target
$22.0
(29.79% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Capital Product Partners L.P. Announces Further Expansion With $756.0 Million Investment in Liquid CO2 and LPG-Ammonia Carriers

ATHENS, Greece, June 03, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today announce...

4 weeks ago - GlobeNewsWire

Capital Product Partners L.P. Strengthens Communications Team

ATHENS, Greece, May 09, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, is pleased to a...

7 weeks ago - GlobeNewsWire

Capital Product Partners L.P. Announces First Quarter 2024 Financial Results

ATHENS, Greece, April 30, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today release...

2 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces Cash Distribution

ATHENS, Greece, April 25, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that its board of directors has declared a cash distribution of $0.15 per common unit fo...

2 months ago - GlobeNewsWire

Capital Product Partners L.P. Schedules First Quarter 2024 Earnings Release, Conference Call and Webcast

ATHENS, Greece, April 25, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that before the NASDAQ market opens on April 30, 2024, CPLP will release financial resul...

2 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces the Sale of Three 10,000 TEU Container Vessels

ATHENS, Greece, March 20, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that the Partnership entered into a memo...

3 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces the Sale of One 9,300 TEU and Two 5,100 TEU Container Vessels

ATHENS, Greece, March 04, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that it has entered into a memorandum of...

4 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces Fourth Quarter 2023 Financial Results

ATHENS, Greece, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released...

5 months ago - GlobeNewsWire

Capital Product Partners L.P. Schedules Fourth Quarter 2023 Earnings Release, Conference Call and Webcast

ATHENS, Greece, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that before the NASDAQ market opens on February 2, 2024, CPLP will release financial resu...

5 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces the Successful Delivery of the LNG Carrier ‘Axios II'

ATHENS, Greece, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that it successfully took delivery of the...

6 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces Closing of Transaction to Acquire 11 Newbuild LNG Carriers Pursuant to Umbrella Agreement

ATHENS, Greece, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced the closing of the umbrella agreement (the “Umb...

6 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces Results of Rights Offering

ATHENS, Greece, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced the final results of its previously announced r...

7 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces Commencement of Rights Offering

ATHENS, Greece, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced that it has commenced its previously announced ...

7 months ago - GlobeNewsWire

Capital Products buying LNG carriers for $3.13 billion

Capital Product Partners L.P. CPLP, +0.54% said Monday it agreed to buy 11 new ships that carry liquid natural gas (LNG) from Capital Maritime & Trading Corp. and Capital GP LLC for $3.13 billion.

8 months ago - Market Watch

Capital Product Partners L.P. Announces Transformative Transaction including the Acquisition of 11 Newbuild LNG Carriers for $3.1 billion, Renaming of the Partnership as “Capital New Energy Carriers L.P.

Highlights: 11 latest generation two stroke LNG Carriers to enter CPLP's fleet from 2023 to 2027, which would make the Partnership the largest US publicly listed owner of two stroke LNG carriers 1 Nam...

8 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces Third Quarter 2023 Financial Results

ATHENS, Greece, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released...

8 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces New Date for Third Quarter 2023 Earnings Release, Conference Call and Webcast

ATHENS, Greece, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced a new date for the third quarter 2023 earnings release, conference call and webcast.

8 months ago - GlobeNewsWire

Capital Product Partners L.P. Schedules Third Quarter 2023 Earnings Release, Conference Call and Webcast

ATHENS, Greece, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that before the NASDAQ market opens on November 10, 2023 CPLP will release financial resu...

8 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces the Appointment of Director by Capital GP L.L.C.

ATHENS, Greece, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) (the “Partnership”) today announced that Capital GP L.L.C., its general partner (the “General Partner”), ...

9 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces Results of Its Annual Meeting of Limited Partners

ATHENS, Greece, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) (the “Partnership”) today announced that it held its annual meeting of Limited Partners in Athens, Greec...

10 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces the Re-Appointment of Directors by Capital GP L.L.C.

ATHENS, Greece, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) (the “Partnership”) today announced that Capital GP L.L.C., its general partner (the “General Partner”), ...

11 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces Annual Meeting of Limited Partners

ATHENS, Greece, Aug. 08, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Capital Product Partners L.P. (NASDAQ: CPLP) (the “Partnership”) has called an annual meeting of the Limited Partners to be ...

11 months ago - GlobeNewsWire

Capital Product Partners L.P. Announces Second Quarter 2023 Financial Results

ATHENS, Greece, July 28, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released...

1 year ago - GlobeNewsWire

Capital Product Partners L.P. Schedules Second Quarter 2023 Earnings Release, Conference Call and Webcast

ATHENS, Greece, July 20, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that before the NASDAQ market opens on July 28, 2023, CPLP will release financial results...

1 year ago - GlobeNewsWire

Capital Product Partners L.P. Announces First Quarter 2023 Financial Results

ATHENS, Greece, May 05, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released ...

1 year ago - GlobeNewsWire