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Golar LNG Partners Stock Price, Forecast & Analysis (NASDAQ:GMLP)

$9.13
-0.08 (-0.87 %)
(As of 11/20/2019 08:00 AM ET)
Today's Range
$9.05
Now: $9.13
$9.24
50-Day Range
$9.16
MA: $9.93
$10.58
52-Week Range
$9.01
Now: $9.13
$14.28
Volume336,400 shs
Average Volume236,690 shs
Market Capitalization$647.23 million
P/E Ratio8.70
Dividend Yield17.11%
Beta1
Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters in Brazil, Indonesia, Jordan, Kuwait, and the United Arab Emirates. As of March 15, 2019, it had a fleet of six FSRUs and four LNG carriers. Golar GP LLC serves as the general partner of Golar LNG Partners LP. Read More…

Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:GMLP
CUSIPN/A
Phone441-295-4705

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$346.65 million
Cash Flow$2.43 per share
Book Value$8.79 per share

Profitability

Net Income$73.19 million

Miscellaneous

Employees1
Market Cap$647.23 million
Next Earnings Date11/26/2019 (Confirmed)
OptionableOptionable

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Golar LNG Partners (NASDAQ:GMLP) Frequently Asked Questions

What is Golar LNG Partners' stock symbol?

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

How often does Golar LNG Partners pay dividends? What is the dividend yield for Golar LNG Partners?

Golar LNG Partners declared a quarterly dividend on Monday, October 28th. Investors of record on Friday, November 8th will be given a dividend of $0.404 per share on Thursday, November 14th. This represents a $1.62 dividend on an annualized basis and a yield of 17.70%. The ex-dividend date is Thursday, November 7th. View Golar LNG Partners' Dividend History.

How will Golar LNG Partners' stock buyback program work?

Golar LNG Partners declared that its board has approved a stock repurchase program on Tuesday, March 6th 2018, which allows the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

How were Golar LNG Partners' earnings last quarter?

Golar LNG Partners LP (NASDAQ:GMLP) released its earnings results on Wednesday, September, 4th. The shipping company reported $0.23 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.23. The shipping company earned $75.74 million during the quarter, compared to analysts' expectations of $78.41 million. Golar LNG Partners had a return on equity of 9.23% and a net margin of 2.83%. View Golar LNG Partners' Earnings History.

When is Golar LNG Partners' next earnings date?

Golar LNG Partners is scheduled to release their next quarterly earnings announcement on Tuesday, November 26th 2019. View Earnings Estimates for Golar LNG Partners.

How can I listen to Golar LNG Partners' earnings call?

Golar LNG Partners will be holding an earnings conference call on Tuesday, November 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for GMLP?

4 analysts have issued twelve-month price targets for Golar LNG Partners' shares. Their forecasts range from $10.00 to $14.00. On average, they anticipate Golar LNG Partners' share price to reach $11.33 in the next twelve months. This suggests a possible upside of 24.1% from the stock's current price. View Analyst Price Targets for Golar LNG Partners.

What is the consensus analysts' recommendation for Golar LNG Partners?

4 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Golar LNG Partners.

Has Golar LNG Partners been receiving favorable news coverage?

News stories about GMLP stock have been trending very positive recently, InfoTrie reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Golar LNG Partners earned a media sentiment score of 3.6 on InfoTrie's scale. They also assigned news stories about the shipping company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Golar LNG Partners.

Are investors shorting Golar LNG Partners?

Golar LNG Partners saw a increase in short interest in October. As of October 31st, there was short interest totalling 1,340,000 shares, an increase of 5.5% from the September 30th total of 1,270,000 shares. Based on an average daily volume of 258,700 shares, the short-interest ratio is presently 5.2 days. Currently, 2.7% of the shares of the company are sold short. View Golar LNG Partners' Current Options Chain.

Who are some of Golar LNG Partners' key competitors?

What other stocks do shareholders of Golar LNG Partners own?

Who are Golar LNG Partners' key executives?

Golar LNG Partners' management team includes the folowing people:
  • Mr. Brian Tienzo, CEO & CFO (Age 45)
  • Mr. Øistein Dahl, Chief Operating Officer (Age 58)
  • Mr. Stuart Buchanan, Head of Investor Relations
  • Mr. Michael Ashford, Company Sec. & Director (Age 72)

Who are Golar LNG Partners' major shareholders?

Golar LNG Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include First Trust Advisors LP (1.37%), California Public Employees Retirement System (0.16%), Spirit of America Management Corp NY (0.14%), Kayne Anderson Capital Advisors LP (0.07%), Eqis Capital Management Inc. (0.07%) and Arrow Investment Advisors LLC (0.05%).

Which major investors are selling Golar LNG Partners stock?

GMLP stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Coastal Investment Advisors Inc., Spirit of America Management Corp NY and Old Port Advisors.

Which major investors are buying Golar LNG Partners stock?

GMLP stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Fiduciary Financial Services of The Southwest Inc. TX, Moors & Cabot Inc., Arrow Investment Advisors LLC, California Public Employees Retirement System and Eqis Capital Management Inc..

How do I buy shares of 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, Robinhood, Fidelity and Charles Schwab.

What is Golar LNG Partners' stock price today?

One share of GMLP stock can currently be purchased for approximately $9.13.

How big of a company is Golar LNG Partners?

Golar LNG Partners has a market capitalization of $647.23 million and generates $346.65 million in revenue each year. The shipping company earns $73.19 million in net income (profit) each year or $1.05 on an earnings per share basis. Golar LNG Partners employs 1 workers across the globe.View Additional Information About Golar LNG Partners.

What is Golar LNG Partners' official website?

The official website for Golar LNG Partners is http://www.golarlngpartners.com/.

How can I contact Golar LNG Partners?

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 441-295-4705 or via email at [email protected]


MarketBeat Community Rating for Golar LNG Partners (NASDAQ GMLP)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  287 (Vote Outperform)
Underperform Votes:  408 (Vote Underperform)
Total Votes:  695
MarketBeat's community ratings are surveys of what our community members think about Golar LNG Partners and other stocks. Vote "Outperform" if you believe GMLP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GMLP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/20/2019 by MarketBeat.com Staff

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