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

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

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.

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.

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.

Golar LNG Partners is scheduled to release their next quarterly earnings announcement on Thursday, August, 30th 2018. View Earnings Estimates for Golar LNG Partners.

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.

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."

Some companies that are related to Golar LNG Partners include Golar LNG (GLNG), Matson (MATX), GasLog (GLOG), Teekay Lng Partners, L.P. Common Stock (TGP), Golden Ocean Group (GOGL), Teekay Offshore Partners (TOO), GasLog Partners LP Unit (GLOP), Kenon (KEN), Tidewater (TDW), KNOT Offshore Partners (KNOP), International Seaways (INSW), Hoegh LNG Partners (HMLP), Nordic American Tanker (NAT), Dynagas LNG Partners (DLNG) and Teekay Tankers (TNK).

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.

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.

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.

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.

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.

One share of GMLP stock can currently be purchased for approximately $15.09.

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.

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]