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

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

Golar LNG Partners declared a quarterly dividend on Wednesday, January 29th. Shareholders of record on Friday, February 7th will be given a dividend of $0.4042 per share on Friday, February 14th. This represents a $1.62 annualized dividend and a yield of 31.09%. The ex-dividend date of this dividend is Thursday, February 6th. This is an increase from Golar LNG Partners's previous quarterly dividend of $0.40. View Golar LNG Partners' Dividend History.

Golar LNG Partners declared that its board has approved a stock 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 repurchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

Golar LNG Partners LP (NASDAQ:GMLP) announced its earnings results on Tuesday, November, 26th. The shipping company reported $0.11 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.29 by $0.18. The shipping company had revenue of $74.13 million for the quarter, compared to analysts' expectations of $76.47 million. 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.

4 brokers have issued 12 month price targets for Golar LNG Partners' shares. Their forecasts range from $5.00 to $14.00. On average, they anticipate Golar LNG Partners' share price to reach $9.75 in the next year. This suggests a possible upside of 87.5% from the stock's current price. View Analyst Price Targets 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 2 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Golar LNG Partners.

News headlines about GMLP stock have trended neutral this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Golar LNG Partners earned a news impact score of 0.2 on InfoTrie's scale. They also gave press coverage 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 stock's share price in the near future. View News Stories for Golar LNG Partners.

Golar LNG Partners saw a increase in short interest in January. As of January 31st, there was short interest totalling 1,570,000 shares, an increase of 23.6% from the January 15th total of 1,270,000 shares. Based on an average daily trading volume, of 345,300 shares, the short-interest ratio is currently 4.5 days. Currently, 3.2% of the company's shares are sold short. View Golar LNG Partners' Current Options Chain.

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), NGL Energy Partners (NGL), GasLog Partners LP Unit (GLOP), Martin Midstream Partners (MMLP), Oxford Lane Capital (OXLC), Enterprise Products Partners (EPD), InfraCap MLP ETF (AMZA) and Ares Capital (ARCC).

Golar LNG Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (0.95%), Stifel Financial Corp (0.45%), Rafferty Asset Management LLC (0.30%), New York State Teachers Retirement System (0.29%), UBS Group AG (0.22%) and Cannell Peter B & Co. Inc. (0.21%).

GMLP stock was sold by a variety of institutional investors in the last quarter, including Stifel Financial Corp, Goldman Sachs Group Inc., Bank of America Corp DE, Coastal Investment Advisors Inc., Cannell Peter B & Co. Inc. and Wedbush Securities Inc..

GMLP stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, New York State Teachers Retirement System, Russell Investments Group Ltd., UBS Group AG, Rafferty Asset Management LLC, Regent Investment Management LLC, Jane Street Group LLC and Marshall Wace LLP.

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 $5.20.