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 announced a quarterly dividend on Friday, April 27th. Investors 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 annualized dividend and a dividend yield of 11.57%. The ex-dividend date of this dividend is Friday, May 4th. View Golar LNG Partners' Dividend History.

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

Golar LNG Partners LP (NASDAQ:GMLP) issued its quarterly earnings results on Wednesday, February, 28th. The shipping company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.27 by $0.10. The shipping company had revenue of $90.11 million for the quarter, compared to the consensus estimate of $87.09 million. Golar LNG Partners had a net margin of 29.85% and a return on equity of 17.99%. View Golar LNG Partners' Earnings History.

Golar LNG Partners is scheduled to release their next quarterly earnings announcement on Thursday, May, 31st 2018. View Earnings Estimates for Golar LNG Partners.

7 Wall Street analysts have issued 1 year target prices for Golar LNG Partners' shares. Their forecasts range from $21.00 to $26.00. On average, they anticipate Golar LNG Partners' stock price to reach $23.50 in the next twelve months. View Analyst Ratings for Golar LNG Partners.

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

Media headlines about GMLP stock have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Golar LNG Partners earned a news impact score of 0.11 on Accern's scale. They also gave news stories about the shipping company an impact score of 46.00 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Golar LNG Partners' stock is owned by many different of retail and institutional investors. Top institutional investors include Kayne Anderson Capital Advisors LP (2.72%), JPMorgan Chase & Co. (1.38%), Cannell Peter B & Co. Inc. (1.05%), Eagle Global Advisors LLC (0.82%), Stifel Financial Corp (0.67%) and Guggenheim Capital LLC (0.27%). View Institutional Ownership Trends for Golar LNG Partners.

GMLP stock was sold by a variety of institutional investors in the last quarter, including Cannell Peter B & Co. Inc., Kayne Anderson Capital Advisors LP, Eagle Global Advisors LLC, Guggenheim Capital LLC, Wells Fargo & Company MN, Hussman Strategic Advisors Inc., UBS Group AG and Stifel Financial Corp. View Insider Buying and Selling for Golar LNG Partners.

GMLP stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Millennium Management LLC, State of New Jersey Common Pension Fund D, GSA Capital Partners LLP, Wedbush Securities Inc., Wasatch Advisors Inc., Koch Industries Inc. and Northern Trust Corp. 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 $19.96.

Golar LNG Partners has a market capitalization of $1.39 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]