NASDAQ:GMLP - Golar LNG Partners Stock Price, Price Target & More

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$15.09 -0.07 (-0.46 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$15.09
Today's Range$14.98 - $15.27
52-Week Range$14.27 - $23.46
Volume188,057 shs
Average Volume237,264 shs
Market Capitalization$1.06 billion
P/E Ratio8.03
Dividend Yield15.24%
Beta0.87
Golar LNG Partners logoGolar 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 April 6, 2018, 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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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Water transportation
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:GMLP
CUSIPN/A
Phone1-441-295-4705

Debt

Debt-to-Equity Ratio1.64
Current Ratio0.60
Quick Ratio0.59

Price-To-Earnings

Trailing P/E Ratio8.03
Forward P/E Ratio12.37
P/E Growth1.56

Sales & Book Value

Annual Sales$433.10 million
Price / Sales2.43
Cash Flow$3.3683 per share
Price / Cash4.48
Book Value$10.11 per share
Price / Book1.49

Profitability

EPS (Most Recent Fiscal Year)$1.88
Net Income$129.28 million
Net Margins29.68%
Return on Equity16.74%
Return on Assets5.00%

Miscellaneous

Employees473
Outstanding Shares69,770,000
Market Cap$1,057.69

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, April 27th. Shareholders of record on Monday, May 7th will be given a dividend of $0.5775 per share on Monday, May 14th. This represents a $2.31 dividend on an annualized basis and a yield of 15.31%. The ex-dividend date is Friday, May 4th. 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 approved a stock buyback plan on Tuesday, March 6th 2018, which allows the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its shares are undervalued.

How were Golar LNG Partners' earnings last quarter?

Golar LNG Partners LP (NASDAQ:GMLP) issued its quarterly earnings results on Thursday, May, 31st. The shipping company reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.12. The shipping company had revenue of $74.21 million for the quarter, compared to the consensus estimate of $77.64 million. Golar LNG Partners had a net margin of 29.68% and a return on equity of 16.74%. 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, August, 30th 2018. View Earnings Estimates for Golar LNG Partners.

What price target have analysts set for GMLP?

7 analysts have issued twelve-month price objectives for Golar LNG Partners' stock. Their forecasts range from $17.00 to $26.00. On average, they expect Golar LNG Partners' stock price to reach $21.80 in the next year. This suggests a possible upside of 44.5% from the stock's current price. View Analyst Ratings for Golar LNG Partners.

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

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

Who are some of Golar LNG Partners' key competitors?

Who are Golar LNG Partners' key executives?

Golar LNG Partners' management team includes the folowing people:
  • Mr. Brian Tienzo, Principal Exec. Officer, Principal Financial Officer & Principal Accounting Officer (Age 44)
  • Mr. Øistein Dahl, Chief Operating Officer (Age 57)
  • Mr. Michael Ashford, Company Sec. & Director (Age 71)

Has Golar LNG Partners been receiving favorable news coverage?

Press coverage about GMLP stock has trended somewhat negative recently, Accern reports. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Golar LNG Partners earned a coverage optimism score of 0.00 on Accern's scale. They also gave news articles about the shipping company an impact score of 45.97 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Golar LNG Partners' major shareholders?

Golar LNG Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include Spirit of America Management Corp NY (0.38%) and Sippican Capital Advisors (0.05%). View Institutional Ownership Trends for Golar LNG Partners.

Which institutional investors are selling Golar LNG Partners stock?

GMLP stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY. View Insider Buying and Selling for Golar LNG Partners.

Which institutional investors are buying Golar LNG Partners stock?

GMLP stock was purchased by a variety of institutional investors in the last quarter, including Sippican Capital Advisors. View Insider Buying and Selling for Golar LNG Partners.

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 $15.09.

How big of a company is Golar LNG Partners?

Golar LNG Partners has a market capitalization of $1.06 billion and generates $433.10 million in revenue each year. The shipping company earns $129.28 million in net income (profit) each year or $1.88 on an earnings per share basis. Golar LNG Partners employs 473 workers across the globe.

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 1-441-295-4705 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:  205 (Vote Outperform)
Underperform Votes:  276 (Vote Underperform)
Total Votes:  481
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 7/21/2018 by MarketBeat.com Staff

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