Capital Properties, Inc. (CPTP)
Capital Properties, Inc. operates in the Real Estate - Services industry of the Real Estate sector, headquartered in Providence, RI, US. The stock last traded at $15.00, up 0.00% on the session, giving a market capitalisation of $99.0M. On trailing twelve-month figures it carries a trailing P/E of 36.80, a net margin of 44.4%. Its beta of 0.34 implies it has historically moved less than the broad market.
Capital Properties, Inc. (CPI) primarily engages in the long-term ground leasing of land parcels situated in downtown Providence, Rhode Island. The company's holdings encompass approximately 18 acres within the Capital Center district, which are subdivided into 13 individual plots. Furthermore, CPI secures undeveloped land parcels adjacent to the Capital Center for the purpose of public parking. Beyond its land ventures, the firm manages a portfolio of 23 outdoor advertising locations, housing a total of 44 billboard faces strategically placed along key interstate and primary roadways across Rhode Island and Massachusetts. Established in 1977, the company originally operated under the name Providence and Worcester Company before adopting its current identity, Capital Properties, Inc., in 1984. Its corporate headquarters are located in Providence, Rhode Island.
Capital Properties, Inc. is most often compared with the following Real Estate names: