NASDAQ:GMLP - Golar LNG Partners Stock Price, Forecast & News

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

Golar LNG Partners announced a quarterly dividend on Monday, October 28th. Investors of record on Friday, November 8th will be paid a dividend of $0.404 per share on Thursday, November 14th. This represents a $1.62 annualized dividend and a yield of 18.16%. The ex-dividend date of this dividend is Thursday, November 7th. View Golar LNG Partners' Dividend History.

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

Golar LNG Partners LP (NASDAQ:GMLP) released its quarterly earnings results on Tuesday, November, 26th. The shipping company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.29 by $0.18. The shipping company earned $74.13 million during the quarter, compared to analysts' expectations of $76.47 million. Golar LNG Partners had a negative net margin of 10.41% and a positive return on equity of 2.83%. View Golar LNG Partners' Earnings History.

Golar LNG Partners is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Golar LNG Partners.

3 brokerages have issued 1-year price targets for Golar LNG Partners' stock. Their forecasts range from $10.00 to $14.00. On average, they anticipate Golar LNG Partners' stock price to reach $11.33 in the next year. This suggests a possible upside of 27.3% from the stock's current price. View Analyst Price Targets for Golar LNG Partners.

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

News articles about GMLP stock have trended negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Golar LNG Partners earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Golar LNG Partners.

Golar LNG Partners saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,340,000 shares, an increase of 5.5% from the October 31st total of 1,270,000 shares. Based on an average trading volume of 258,700 shares, the days-to-cover ratio is currently 5.2 days. Currently, 2.7% of the company's shares are sold short. View Golar LNG Partners' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Golar LNG Partners investors own include Energy Transfer LP Unit (ET), New Residential Investment (NRZ), AT&T (T), Martin Midstream Partners (MMLP), NGL Energy Partners (NGL), Oxford Lane Capital (OXLC), GasLog Partners LP Unit (GLOP), Enterprise Products Partners (EPD), Ares Capital (ARCC) and Dynagas LNG Partners (DLNG).

Golar LNG Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include First Trust Advisors LP (1.37%), Stifel Financial Corp (0.59%), California Public Employees Retirement System (0.16%), Spirit of America Management Corp NY (0.14%), Kayne Anderson Capital Advisors LP (0.07%) and Eqis Capital Management Inc. (0.07%).

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.

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

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.

One share of GMLP stock can currently be purchased for approximately $8.90.

Golar LNG Partners has a market capitalization of $630.92 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.

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

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]