NASDAQ:GMLP - Golar LNG Partners Stock Price, Price Target & More

Golar LNG Partners trades on the NASDAQ under the ticker symbol "GMLP."

Golar LNG Partners announced a quarterly dividend on Friday, April 27th. Investors of record on Monday, May 7th will be given a dividend of $0.5775 per share on Monday, May 14th. This represents a $2.31 annualized dividend and a yield of 15.68%. The ex-dividend date is Friday, May 4th. View Golar LNG Partners' Dividend History.

Golar LNG Partners announced that its board has authorized a share buyback program on Tuesday, March 6th 2018, which authorizes the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

Golar LNG Partners LP (NASDAQ:GMLP) issued its quarterly earnings results on Thursday, May, 31st. The shipping company reported $0.21 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.09 by $0.12. The shipping company had revenue of $74.21 million for the quarter, compared to the consensus estimate of $77.64 million. Golar LNG Partners had a net margin of 29.68% and a return on equity of 16.74%. View Golar LNG Partners' Earnings History.

Golar LNG Partners is scheduled to release their next quarterly earnings announcement on Thursday, August, 30th 2018. View Earnings Estimates for Golar LNG Partners.

6 brokers have issued 1-year price objectives for Golar LNG Partners' shares. Their forecasts range from $17.00 to $26.00. On average, they expect Golar LNG Partners' stock price to reach $21.80 in the next year. This suggests a possible upside of 48.0% from the stock's current price. View Analyst Ratings for Golar LNG Partners.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG Partners in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Golar LNG Partners include Golar LNG (GLNG), Matson (MATX), GasLog (GLOG), Teekay Lng Partners, L.P. Common Stock (TGP), Golden Ocean Group (GOGL), Teekay Offshore Partners (TOO), GasLog Partners LP Unit (GLOP), Kenon (KEN), Tidewater (TDW), KNOT Offshore Partners (KNOP), International Seaways (INSW), Hoegh LNG Partners (HMLP), Nordic American Tanker (NAT), Teekay Tankers (TNK) and Dynagas LNG Partners (DLNG).

Media stories about GMLP stock have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Golar LNG Partners earned a media sentiment score of 0.07 on Accern's scale. They also gave media headlines about the shipping company an impact score of 45.68 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Golar LNG Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Spirit of America Management Corp NY (0.38%) and Sippican Capital Advisors (0.05%). View Institutional Ownership Trends for Golar LNG Partners.

GMLP stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY. View Insider Buying and Selling for Golar LNG Partners.

GMLP stock was acquired by a variety of institutional investors in the last quarter, including Sippican Capital Advisors. View Insider Buying and Selling for Golar LNG Partners.

Shares of GMLP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of GMLP stock can currently be purchased for approximately $14.73.

Golar LNG Partners has a market capitalization of $1.07 billion and generates $433.10 million in revenue each year. The shipping company earns $129.28 million in net income (profit) each year or $1.88 on an earnings per share basis. Golar LNG Partners employs 473 workers across the globe.

Golar LNG Partners' mailing address is 2ND FLOOR S.E. PEARMAN BUILDING 9 PAR-LA-VILLE ROAD, HAMILTON D0, HM 11. The shipping company can be reached via phone at 1-441-295-4705 or via email at [email protected]