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

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$12.57 -0.07 (-0.55 %)
(As of 04/24/2019 04:00 PM ET)
Previous Close$12.64
Today's Range$12.53 - $12.75
52-Week Range$10.23 - $21.00
Volume193,493 shs
Average Volume286,171 shs
Market Capitalization$891.11 million
P/E Ratio11.97
Dividend Yield13.04%
Beta1.17
Golar LNG Partners LP engages in the logistics solutions. Its activities include owning, trading, and operation of floating storage and regasification units (FSRU) and liquefied natural gas ( LNG) marine transportation. The company was founded on September 24, 2007 and is headquartered in Hamilton, Bermuda.

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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$2.5445 per share
Book Value$8.79 per share

Profitability

Net Income$73.19 million

Miscellaneous

EmployeesN/A
Market Cap$891.11 million
Next Earnings Date5/30/2019 (Estimated)
OptionableOptionable

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 Friday, February 1st. Stockholders of record on Monday, February 11th will be paid a dividend of $0.4042 per share on Thursday, February 14th. This represents a $1.62 annualized dividend and a dividend yield of 12.86%. The ex-dividend date of this dividend is Friday, February 8th. This is a boost from Golar LNG Partners's previous quarterly dividend of $0.40. View Golar LNG Partners' Dividend History.

How will Golar LNG Partners' stock buyback program work?

Golar LNG Partners announced that its Board of Directors has initiated a stock repurchase program on Tuesday, March 6th 2018, which authorizes the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

How were Golar LNG Partners' earnings last quarter?

Golar LNG Partners LP (NASDAQ:GMLP) released its quarterly earnings results on Wednesday, February, 27th. The shipping company reported ($0.27) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.31 by $0.58. The shipping company earned $80 million during the quarter, compared to analysts' expectations of $89.28 million. Golar LNG Partners had a return on equity of 11.02% and a net margin of 21.11%. 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 Thursday, May 30th 2019. View Earnings Estimates for Golar LNG Partners.

What price target have analysts set for GMLP?

9 brokerages have issued 12 month target prices for Golar LNG Partners' shares. Their predictions range from $12.00 to $21.00. On average, they anticipate Golar LNG Partners' stock price to reach $15.1667 in the next year. This suggests a possible upside of 20.7% from the stock's current price. View Analyst Price Targets for Golar LNG Partners.

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

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG Partners in the last year. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings 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 headlines about GMLP stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Golar LNG Partners earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned news headlines about the shipping company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the near term.

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:
  • Brian Tienzo, Chief Executive & Financial Officer
  • Oistein Dahl, Chief Operating Officer
  • Michael Ashford, Secretary & Director
  • Stuart Buchanan, Head-Investor Relations

Who are Golar LNG Partners' major shareholders?

Golar LNG Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Duff & Phelps Investment Management Co. (0.30%), Eqis Capital Management Inc. (0.04%), Baldwin Brothers Inc. MA (0.03%), Wedbush Securities Inc. (0.03%), Old Port Advisors (0.02%) and Sippican Capital Advisors (0.02%).

Which major investors are selling Golar LNG Partners stock?

GMLP stock was sold by a variety of institutional investors in the last quarter, including Old Port Advisors, Wedbush Securities Inc. and Baldwin Brothers Inc. MA.

Which major investors are buying Golar LNG Partners stock?

GMLP stock was acquired by a variety of institutional investors in the last quarter, including Duff & Phelps Investment Management Co., Eqis Capital Management Inc., Regent Investment Management LLC, Sippican Capital Advisors and Lavaca Capital 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, Scottrade, Fidelity and Charles Schwab.

What is Golar LNG Partners' stock price today?

One share of GMLP stock can currently be purchased for approximately $12.57.

How big of a company is Golar LNG Partners?

Golar LNG Partners has a market capitalization of $891.11 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.

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:  2.0 out of 5 (star star)
Outperform Votes:  251 (Vote Outperform)
Underperform Votes:  362 (Vote Underperform)
Total Votes:  613
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 4/24/2019 by MarketBeat.com Staff

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