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. Stockholders of record on Friday, February 7th will be paid a dividend of $0.4042 per share on Friday, February 14th. This represents a $1.62 annualized dividend and a dividend yield of 39.34%. The ex-dividend date of this dividend is Thursday, February 6th. This is a boost from Golar LNG Partners's previous quarterly dividend of $0.40. View Golar LNG Partners' Dividend History.

Golar LNG Partners declared that its Board of Directors has authorized a share 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 purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

Golar LNG Partners LP (NASDAQ:GMLP) announced its quarterly earnings results on Tuesday, November, 26th. The shipping company reported $0.11 EPS for the quarter, missing the Thomson Reuters' 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. Golar LNG Partners had a return on equity of 9.49% and a net margin of 5.94%. View Golar LNG Partners' Earnings History.

Golar LNG Partners is scheduled to release their next quarterly earnings announcement on Tuesday, May 19th 2020. View Earnings Estimates for Golar LNG Partners.

5 analysts have issued 1 year price objectives for Golar LNG Partners' shares. Their forecasts range from $5.00 to $10.00. On average, they anticipate Golar LNG Partners' stock price to reach $8.75 in the next twelve months. This suggests a possible upside of 112.9% from the stock's current price. View Analyst Price Targets for 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 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Golar LNG Partners.

Media coverage about GMLP stock has trended very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Golar LNG Partners earned a coverage optimism score of -3.5 on InfoTrie's scale. They also gave news coverage about the shipping company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Golar LNG Partners.

Golar LNG Partners saw a increase in short interest in February. As of February 14th, there was short interest totalling 1,850,000 shares, an increase of 17.8% from the January 30th total of 1,570,000 shares. Based on an average trading volume of 485,600 shares, the short-interest ratio is presently 3.8 days. Currently, 3.8% of the shares of the company are sold short. View Golar LNG Partners' Current Options Chain.

Some companies that are related to Golar LNG Partners include Teekay Lng Partners (TGP), Teekay Offshore Partners (TOO), Golden Ocean Group (GOGL), International Seaways (INSW), KNOT Offshore Partners (KNOP), Tidewater (TDW), Teekay Tankers (TNK), GasLog (GLOG), Nordic American Tanker (NAT), Hoegh LNG Partners (HMLP), GasLog Partners LP Unit (GLOP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX), EuroDry (EDRY) and Hornbeck Offshore Services (HOS).

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 many different of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.95%), Stifel Financial Corp (0.45%), Muhlenkamp & Co. Inc. (0.37%), Rafferty Asset Management LLC (0.30%), New York State Teachers Retirement System (0.29%) and UBS Group AG (0.22%).

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., Geode Capital Management LLC, 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, Muhlenkamp & Co. Inc., Regent Investment Management LLC and Jane Street Group LLC.

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 $4.11.

Golar LNG Partners has a market capitalization of $284.82 million and generates $299.65 million in revenue each year. The shipping company earns $73.19 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.View Additional Information About Golar LNG Partners.

The official website for Golar LNG Partners is http://www.golarlngpartners.com/.

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]