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Golar LNG Partners Stock Forecast, Price & News

-0.22 (-8.80 %)
(As of 09/22/2020 12:00 AM ET)
Today's Range
Now: $2.28
50-Day Range
MA: $2.62
52-Week Range
Now: $2.28
Volume266,613 shs
Average Volume418,161 shs
Market Capitalization$158.01 million
P/E Ratio8.14
Dividend Yield3.15%
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. The company was founded in 2007 and is headquartered in Hamilton, Bermuda. Golar LNG Partners LP is a subsidiary of Golar LNG Limited.
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Golar LNG Partners logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 4.4 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.44 out of 5 stars

Industry, Sector and Symbol

Industry Water transportation
Current SymbolNASDAQ:GMLP



Sales & Book Value

Annual Sales$299.65 million
Cash Flow$1.84 per share
Book Value$7.50 per share


Net Income$17.81 million


Market Cap$158.01 million
Next Earnings Date11/24/2020 (Estimated)
-0.22 (-8.80 %)
(As of 09/22/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Golar LNG Partners (NASDAQ:GMLP) Frequently Asked Questions

How has Golar LNG Partners' stock been impacted by COVID-19?

Golar LNG Partners' stock was trading at $3.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GMLP stock has decreased by 32.1% and is now trading at $2.28.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Golar LNG Partners?

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

When is Golar LNG Partners' next earnings date?

Golar LNG Partners is scheduled to release its next quarterly earnings announcement on Tuesday, November 24th 2020.
View our earnings forecast for Golar LNG Partners

How were Golar LNG Partners' earnings last quarter?

Golar LNG Partners LP (NASDAQ:GMLP) released its quarterly earnings results on Thursday, August, 13th. The shipping company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.16 by $0.11. The shipping company had revenue of $69.76 million for the quarter, compared to analysts' expectations of $69.95 million. Golar LNG Partners had a return on equity of 10.90% and a net margin of 6.60%.
View Golar LNG Partners' earnings history

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 Thursday, July 30th. Shareholders of record on Friday, August 7th will be given a dividend of $0.0202 per share on Friday, August 14th. This represents a $0.08 annualized dividend and a yield of 3.54%. The ex-dividend date of this dividend is Thursday, August 6th.
View Golar LNG Partners' dividend history

What price target have analysts set for GMLP?

5 brokers have issued twelve-month price objectives for Golar LNG Partners' stock. Their forecasts range from $4.00 to $10.00. On average, they expect Golar LNG Partners' share price to reach $6.25 in the next year. This suggests a possible upside of 174.1% from the stock's current price.
View analysts' price targets for Golar LNG Partners

Are investors shorting Golar LNG Partners?

Golar LNG Partners saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 530,700 shares, a decrease of 18.2% from the August 15th total of 648,800 shares. Based on an average daily volume of 141,800 shares, the days-to-cover ratio is presently 3.7 days. Approximately 1.1% of the shares of the stock are sold short.
View Golar LNG Partners' Short Interest

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 following 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)

What is Golar LNG Partners' stock symbol?

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

Who are Golar LNG Partners' major shareholders?

Golar LNG Partners' stock is owned by many different retail and institutional investors. Top institutional investors include Huber Capital Management LLC (6.82%), Stifel Financial Corp (0.40%), Muhlenkamp & Co. Inc. (0.37%), Goldman Sachs Group Inc. (0.33%), Cannell Peter B & Co. Inc. (0.15%) and UBS Group AG (0.10%).

Which institutional investors are selling Golar LNG Partners stock?

GMLP stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Stifel Financial Corp, UBS Group AG, Duff & Phelps Investment Management Co., Bank of America Corp DE, B. Riley Wealth Management Inc., Cannell Peter B & Co. Inc., and Eqis Capital Management Inc..

Which institutional investors are buying Golar LNG Partners stock?

GMLP stock was acquired by a variety of institutional investors in the last quarter, including Huber Capital Management LLC, Muhlenkamp & Co. Inc., Goldman Sachs Group Inc., Baldwin Brothers Inc. MA, Cresset Asset Management LLC, and Commonwealth Equity Services LLC.

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 $2.28.

How big of a company is Golar LNG Partners?

Golar LNG Partners has a market capitalization of $158.01 million and generates $299.65 million in revenue each year. The shipping company earns $17.81 million in net income (profit) each year or $0.81 on an earnings per share basis. Golar LNG Partners employs 1 workers across the globe.

What is Golar LNG Partners' official website?

The official website for Golar LNG Partners is 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]

This page was last updated on 9/23/2020 by MarketBeat.com Staff

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