Headlines about Capital Product Partners (NASDAQ:CPLP) have trended somewhat negative this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Capital Product Partners earned a news impact score of -0.03 on Accern’s scale. Accern also assigned news headlines about the shipping company an impact score of 46.4102236058305 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the headlines that may have impacted Accern’s rankings:

Shares of NASDAQ CPLP traded up $0.01 during mid-day trading on Monday, hitting $2.77. The company had a trading volume of 21,020 shares, compared to its average volume of 476,360. The stock has a market cap of $358.58 million, a PE ratio of 11.08 and a beta of 1.23. Capital Product Partners has a 1 year low of $2.72 and a 1 year high of $3.70. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.38 and a current ratio of 0.46.

Capital Product Partners (NASDAQ:CPLP) last announced its quarterly earnings results on Friday, July 27th. The shipping company reported $0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.03). The company had revenue of $65.54 million during the quarter, compared to analysts’ expectations of $59.82 million. Capital Product Partners had a net margin of 8.86% and a return on equity of 2.90%. sell-side analysts predict that Capital Product Partners will post 0.13 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 14th. Stockholders of record on Thursday, August 2nd were given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 11.55%. The ex-dividend date was Wednesday, August 1st. Capital Product Partners’s dividend payout ratio (DPR) is presently 128.00%.

Several brokerages have issued reports on CPLP. BidaskClub lowered Capital Product Partners from a “sell” rating to a “strong sell” rating in a research note on Friday, August 10th. Janney Montgomery Scott lowered Capital Product Partners from a “buy” rating to a “neutral” rating and lowered their target price for the company from $4.50 to $3.50 in a research note on Wednesday, August 29th. Zacks Investment Research lowered Capital Product Partners from a “hold” rating to a “sell” rating in a research note on Monday, July 2nd. Finally, ValuEngine upgraded Capital Product Partners from a “sell” rating to a “hold” rating in a research report on Friday, June 1st. Three analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $4.25.

Capital Product Partners Company Profile

Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. It transports a range of cargoes, including crude oil; refined oil products, such as gasoline, diesel, fuel oil and jet fuel; edible oils; chemicals, such as ethanol; and dry cargo and containerized goods under short-term voyage charters, and medium to long-term time and bareboat charters.

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Insider Buying and Selling by Quarter for Capital Product Partners (NASDAQ:CPLP)

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