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 declared a quarterly dividend on Monday, January 29th. Shareholders of record on Wednesday, February 7th will be given a dividend of $0.5775 per share on Wednesday, February 14th. This represents a $2.31 annualized dividend and a yield of 11.94%. The ex-dividend date is Tuesday, February 6th. View Golar LNG Partners' Dividend History.

Golar LNG Partners announced that its board has approved a share repurchase plan on Tuesday, March 6th 2018, which allows the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

Golar LNG Partners (NASDAQ:GMLP) announced its quarterly earnings data on Wednesday, February, 28th. The shipping company reported $0.37 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $0.10. The shipping company had revenue of $90.11 million for the quarter, compared to analysts' expectations of $87.09 million. Golar LNG Partners had a return on equity of 17.19% and a net margin of 29.85%. View Golar LNG Partners' Earnings History.

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

6 brokerages have issued twelve-month price targets for Golar LNG Partners' stock. Their predictions range from $21.00 to $26.00. On average, they expect Golar LNG Partners' share price to reach $23.60 in the next year. View Analyst Ratings for Golar LNG Partners.

Golar LNG Partners saw a decline in short interest in the month of March. As of March 29th, there was short interest totalling 1,204,027 shares, a decline of 30.4% from the March 15th total of 1,730,784 shares. Based on an average daily volume of 565,596 shares, the short-interest ratio is presently 2.1 days. Approximately 2.4% of the shares of the company are short sold.

Some companies that are related to Golar LNG Partners include GasLog (GLOG), Teekay Lng Partners (TGP), Matson (MATX), Golden Ocean Group (GOGL), Teekay Offshore Partners (TOO), GasLog Partners (GLOP), Kenon (KEN), Tidewater (TDW), KNOT Offshore Partners (KNOP), International Seaways (INSW), Hoegh LNG Partners (HMLP), Dynagas LNG Partners (DLNG), Nordic American Tanker (NAT), Teekay Tankers (TNK), Hornbeck Offshore Services (HOS) and Odyssey Marine Exploration (OMEX).

News coverage about GMLP stock has been trending somewhat positive recently, according to Accern. Accern identifies negative and positive press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Golar LNG Partners earned a news sentiment score of 0.07 on Accern's scale. They also gave media headlines about the shipping company an impact score of 46.19 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

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 $19.35.

Golar LNG Partners has a market capitalization of $1.35 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]