CrossAmerica Partners (NYSE:CAPL) Reaches New 52-Week High – Here’s Why

19 May 2026, 16:22 by Teresa Graham · The Cerbat Gem

Shares of CrossAmerica Partners LP (NYSE:CAPL – Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $23.34 and last traded at $23.0250, with a volume of 69720 shares trading hands. The stock had previously closed at $22.71.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Weiss Ratings raised shares of CrossAmerica Partners from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. Zacks Research downgraded shares of CrossAmerica Partners from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Finally, Wall Street Zen raised shares of CrossAmerica Partners from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, CrossAmerica Partners presently has a consensus rating of “Hold”.

Check Out Our Latest Analysis on CAPL

CrossAmerica Partners Stock Performance

The firm’s 50 day moving average is $21.51 and its 200-day moving average is $21.30. The stock has a market capitalization of $877.94 million, a price-to-earnings ratio of 15.45 and a beta of 0.29.

CrossAmerica Partners (NYSE:CAPL – Get Free Report) last posted its earnings results on Wednesday, May 6th. The oil and gas company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.42. CrossAmerica Partners had a net margin of 1.64% and a negative return on equity of 22.21%. The firm had revenue of $841.83 million during the quarter, compared to analysts’ expectations of $697.31 million. As a group, sell-side analysts forecast that CrossAmerica Partners LP will post 0.93 earnings per share for the current year.

CrossAmerica Partners Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 4th were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 9.1%. The ex-dividend date was Monday, May 4th. CrossAmerica Partners’s payout ratio is currently 140.94%.

Hedge Funds Weigh In On CrossAmerica Partners

Large investors have recently made changes to their positions in the company. CWM LLC boosted its holdings in shares of CrossAmerica Partners by 35.5% during the 4th quarter. CWM LLC now owns 3,387 shares of the oil and gas company’s stock worth $70,000 after purchasing an additional 887 shares during the last quarter. North Star Investment Management Corp. acquired a new stake in shares of CrossAmerica Partners in the first quarter valued at approximately $105,000. Wells Fargo & Company MN increased its holdings in shares of CrossAmerica Partners by 43.3% in the fourth quarter. Wells Fargo & Company MN now owns 6,190 shares of the oil and gas company’s stock valued at $128,000 after purchasing an additional 1,869 shares during the last quarter. Royal Bank of Canada increased its position in CrossAmerica Partners by 48.7% during the fourth quarter. Royal Bank of Canada now owns 7,394 shares of the oil and gas company’s stock worth $153,000 after purchasing an additional 2,422 shares during the last quarter. Finally, Motiv8 Investments LLC acquired a new stake in CrossAmerica Partners during the fourth quarter worth about $193,000. 24.06% of the stock is currently owned by institutional investors and hedge funds.

About CrossAmerica Partners

(Get Free Report)

CrossAmerica Partners LP (NYSE:CAPL) is a publicly traded master limited partnership engaged in the wholesale distribution of motor fuels across the United States. The company procures, transports and stores refined petroleum products including gasoline, diesel fuel, kerosene, heating oil and select renewable fuel blends. Through its integrated network of pipelines, terminals and truck fleets, CrossAmerica Partners supplies fuel to a broad base of customers, including convenience stores, supermarket chains, travel centers and independent marketers.