Streetbeat News

CPLP

Capital Product Partners L.P.

https://www.capitalpplp.com

Industry

Marine Shipping

Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. Its vessels transport 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. As of April 27, 2022, the company owned 21 vessels, including 11 Neo-Panamax container vessels, three Panamax container vessels, one cape-size bulk carrier, and six LNG carriers. 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.

Open

16.22

Mkt cap

979M

Volume

9.4K

High

16.77

P/E Ratio

6.63

52-wk high

18.85

Low

16.22

Div yield

0.03

52-wk low

12.70

Benzinga Insights has identified five value stocks in the industrials sector based on low P/E multiples, indicating potential undervaluation. The stocks include Mueller Industries (MLI), Capital Product Partners (CPLP), Cresud SACIF (CRESY), Universal Logistics Holdings (ULH), and Atkore (ATKR). Mueller Industries and Universal Logistics Holdings reported a decrease in EPS this quarter, while Capital Product Partners and Cresud SACIF reported an increase. Atkore also saw a decrease in EPS. Dividend yields have varied, with some companies experiencing an increase and others a decrease.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 2:41 pm

The article identifies five value stocks in the industrials sector based on low P/E multiples, suggesting they may be undervalued. The stocks are PROG Holdings (PRG), Capital Product Partners (CPLP), Mueller Industries (MLI), MDU Resources Group (MDU), and Target Hospitality (TH). The article provides recent earnings per share (EPS) data and dividend yield changes for each company, noting that while value stocks may be poised for a rebound, there is a risk they may not realize their potential value.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 2:41 pm

Benzinga Insights has identified five value stocks in the industrials sector based on low P/E ratios. CompoSecure (CMPO), PROG Holdings (PRG), Greenpro Capital (GRNQ), Capital Product Partners (CPLP), and Safe Bulkers (SB) are on the watch list. CMPO's Q3 EPS decreased by 4%, PRG's EPS decreased slightly, GRNQ reported a negative EPS, CPLP's EPS increased by 12% and reported a higher dividend yield, while SB's EPS decreased with a stable dividend yield. Value stocks may take time to rebound and carry the risk of not doing so.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:41 pm

Stifel analyst Benjamin Nolan has reaffirmed a Buy rating on Capital Product Partners (NASDAQ:CPLP) and increased the price target from $20 to $21.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 5:55 pm

In Monday's pre-market session, several industrial stocks showed significant movement. Gainers included iSun, Complete Solaria, FREYR Battery, Tigo Energy, Capital Product Partners, and Xos with increases ranging from 7.43% to 20.8%. Losers were Matrix Service, American Rebel Holdings, Energy Focus, WANG & LEE Group, Pineapple Energy, and Staffing 360 Solutions with declines between 4.97% and 12.7%. Most movements were associated with recent Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 1:06 pm

Capital Product Partners (CPLP) reported Q3 adjusted EPS of $0.84, surpassing the $0.74 estimate, marking a 47.37% increase from the previous year. Sales reached $95.53M, exceeding the $88.24M estimate, up 32.94% from last year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 12:01 pm

Numerous companies are scheduled to report their earnings on November 13, 2023, both before the bell and after. The list includes a wide range of industries and market caps, with some companies expected to report profits while others are anticipated to report losses. Key companies reporting include Tyson Foods, Henry Schein, and AECOM, with expected earnings per share of $0.29, $1.32, and $0.98 respectively. Other companies like IM Cannabis, Roivant Sciences, and Genius Sports are projected to report losses.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 11:40 am

Capital Product Partners (NASDAQ:CPLP) is set to deliver a dividend payout of $0.15 per share, equating to an annualized dividend yield of 3.93%. The company's dividend payout went ex-dividend on August 01, 2023. The company's dividend per share has decreased from $1.26 in 2019 to $0.60 in 2022, while its earnings per share have increased from $1.08 to $3.77 over the same period. Diana Shipping (NYSE:DSX) has the highest annualized dividend yield at 18.99% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 3:05 pm

Stifel analyst Benjamin Nolan maintains a 'Buy' rating on Capital Product Partners (NASDAQ:CPLP) and raises the price target from $17 to $20.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 8:17 pm

Capital Product Partners (NASDAQ:CPLP) reported Q2 earnings of $0.75 per share, beating the analyst consensus estimate of $0.69 by 8.7%. However, this is a 25% decrease from the same period last year. The company also reported quarterly sales of $88.50 million, beating the analyst consensus estimate of $82.38 million by 7.43%. This is a 19.66% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 11:02 am

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