NASDAQ:GMLP Golar LNG Partners Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Golar LNG Partners LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $2.28 -0.22 (-8.80 %) (As of 09/22/2020 12:00 AM ET) Add Compare Share Today's Range$2.27Now: $2.28▼$2.5450-Day Range$2.50MA: $2.62▼$2.9252-Week Range$1.30Now: $2.28▼$10.72Volume266,613 shsAverage Volume418,161 shsMarket Capitalization$158.01 millionP/E Ratio8.14Dividend Yield3.15%Beta0.96 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingGolar LNG Partners has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.25, Golar LNG Partners has a forecasted upside of 174.1% from its current price of $2.28.Amount of Analyst CoverageGolar LNG Partners has received no research coverage in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesGolar LNG Partners has received 314 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGolar LNG Partners has received 449 “underperform” votes. (Add your “underperform” vote.)Community SentimentGolar LNG Partners has received 58.85% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend YieldGolar LNG Partners pays a meaningful dividend of 3.15%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthGolar LNG Partners has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Golar LNG Partners is 9.88%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Golar LNG Partners will have a dividend payout ratio of 9.41% next year. This indicates that Golar LNG Partners will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Golar LNG Partners insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 28.17% of the stock of Golar LNG Partners is held by institutions. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Golar LNG Partners are expected to grow by 25.00% in the coming year, from $0.68 to $0.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Golar LNG Partners is 8.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Golar LNG Partners is 8.14, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.91.Price to Earnings Growth RatioGolar LNG Partners has a PEG Ratio of 0.47. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioGolar LNG Partners has a P/B Ratio of 0.30. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NASDAQ Industry Water transportation Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:GMLP Previous Symbol CUSIPN/A CIK1415916 Webwww.golarlngpartners.com Phone441-295-4705Debt Debt-to-Equity Ratio1.14 Current Ratio0.19 Quick Ratio0.18Price-To-Earnings Trailing P/E Ratio8.14 Forward P/E Ratio3.35 P/E Growth0.47 Sales & Book Value Annual Sales$299.65 million Price / Sales0.53 Cash Flow$1.84 per share Price / Cash Flow1.24 Book Value$7.50 per share Price / Book0.30Profitability EPS (Most Recent Fiscal Year)$0.81 Net Income$17.81 million Net Margins6.60% Return on Equity10.90% Return on Assets2.91%Miscellaneous Employees1 Outstanding Shares69,302,000Market Cap$158.01 million Next Earnings Date11/24/2020 (Estimated) OptionableOptionable $2.28 -0.22 (-8.80 %) (As of 09/22/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive GMLP News and Ratings via Email Sign-up to receive the latest news and ratings for GMLP and its competitors with MarketBeat's FREE daily newsletter. 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? Some companies that are related to Golar LNG Partners include Nordic American Tanker (NAT), Golden Ocean Group (GOGL), KNOT Offshore Partners (KNOP), International Seaways (INSW), Teekay Tankers (TNK), Hoegh LNG Partners (HMLP), Flex LNG (FLNG), Tidewater (TDW), GasLog (GLOG), GasLog Partners LP Unit (GLOP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX), EuroDry (EDRY), Hornbeck Offshore Services (HOSSQ) and Caspian Services (CSSV). View all competitors. What other stocks do shareholders of Golar LNG Partners own? Based on aggregate information from My MarketBeat watchlists, some companies that other Golar LNG Partners investors own include New Residential Investment (NRZ), Washington Prime Group (WPG), CBL & Associates Properties (CBL), DHT (DHT), EnLink Midstream (ENLC), Pennsylvania R.E.I.T. (PEI), Sanchez Midstream Partners (SNMP), Gran Tierra Energy (GTE), Cannabics Pharmaceuticals (CNBX) and Enerplus (ERF). Who are Golar LNG Partners' key executives? Golar LNG Partners' management team includes the following people: Mr. Brian Tienzo, CEO & CFO (Age 45)Mr. Ãistein Dahl, Chief Operating Officer (Age 58)Mr. Stuart Buchanan, Head of Investor RelationsMr. 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 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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