NASDAQ:GMLPGolar LNG Partners Stock Price, Forecast & 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 $2.76 +0.34 (+14.05 %) (As of 05/27/2020 04:00 PM ET) Add Compare Share Today's Range$2.47Now: $2.76▼$2.7650-Day Range$1.60MA: $2.35▼$3.0552-Week Range$1.30Now: $2.76▼$12.11Volume619,314 shsAverage Volume628,698 shsMarket Capitalization$191.27 millionP/E Ratio13.14Dividend Yield3.31%Beta1.01 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 3.1 Analyst's Opinion Consensus RatingGolar LNG Partners has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.00, Golar LNG Partners has a potential upside of 153.6% from its current price of $2.76.Amount of Analyst CoverageGolar LNG Partners has only been the subject of 2 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesGolar LNG Partners has received 313 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGolar LNG Partners has received 446 “underperform” votes. (Add your “underperform” vote.)Community SentimentGolar LNG Partners has received 58.76% “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 3.3 Dividend Strength Dividend LeadershipGolar LNG Partners is a leading dividend payer. It pays a dividend yield of 3.31%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGolar LNG Partners does not have a long track record of dividend growth.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 8.89 % 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 29.13% of the stock of Golar LNG Partners is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Golar LNG Partners are expected to grow by 18.42% in the coming year, from $0.76 to $0.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Golar LNG Partners is 13.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Golar LNG Partners is 13.14, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.06.Price to Earnings Growth RatioGolar LNG Partners has a PEG Ratio of 0.36. 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 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.33 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 Ratio2.14 Current Ratio0.43 Quick Ratio0.42Price-To-Earnings Trailing P/E Ratio13.14 Forward P/E Ratio3.63 P/E Growth0.36 Sales & Book Value Annual Sales$299.65 million Price / Sales0.64 Cash Flow$2.58 per share Price / Cash Flow1.07 Book Value$7.50 per share Price / Book0.37Profitability EPS (Most Recent Fiscal Year)$0.81 Net Income$17.81 million Net Margins5.94% Return on Equity9.79% Return on Assets2.62%Miscellaneous Employees1 Outstanding Shares69,302,000Market Cap$191.27 million Next Earnings Date5/28/2020 (Confirmed) OptionableOptionable NASDAQ:GMLP Rates by TradingView 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 (Coronavirus)? 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 shares have decreased by 17.9% and is now trading at $2.76. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Golar LNG Partners? 6 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 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 Thursday, May 28th 2020. View our earnings forecast for Golar LNG Partners. How were Golar LNG Partners' earnings last quarter? Golar LNG Partners LP (NASDAQ:GMLP) posted its quarterly earnings data on Tuesday, November, 26th. The shipping company reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates 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 net margin of 5.94% and a return on equity of 9.79%. 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 announced a quarterly dividend on Monday, April 27th. Stockholders of record on Thursday, May 7th will be given a dividend of $0.02 per share on Thursday, May 14th. This represents a $0.08 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date of this dividend is Wednesday, May 6th. View Golar LNG Partners' dividend history. What price target have analysts set for GMLP? 6 Wall Street analysts have issued 12-month price objectives for Golar LNG Partners' stock. Their forecasts range from $4.00 to $10.00. On average, they anticipate Golar LNG Partners' share price to reach $7.00 in the next year. This suggests a possible upside of 153.6% from the stock's current price. View analysts' price targets for Golar LNG Partners. Has Golar LNG Partners been receiving favorable news coverage? Press coverage about GMLP stock has trended positive on Thursday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Golar LNG Partners earned a news sentiment score of 2.4 on InfoTrie's scale. They also assigned news coverage about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutGolar LNG Partners. Are investors shorting Golar LNG Partners? Golar LNG Partners saw a decrease in short interest in April. As of April 30th, there was short interest totaling 1,140,000 shares, a decrease of 36.0% from the April 15th total of 1,780,000 shares. Based on an average daily volume of 790,900 shares, the days-to-cover ratio is presently 1.4 days. Currently, 2.3% of the company's shares are short sold. View Golar LNG Partners' Current Options Chain. Who are some of Golar LNG Partners' key competitors? Some companies that are related to Golar LNG Partners include KNOT Offshore Partners (KNOP), Golden Ocean Group (GOGL), Hoegh LNG Partners (HMLP), GasLog (GLOG), GasLog Partners LP Unit (GLOP), Tidewater (TDW), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX), Hornbeck Offshore Services (HOS), EuroDry (EDRY) 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), Energy Transfer LP Unit (ET), NGL Energy Partners (NGL), Washington Prime Group (WPG), AT&T (T), CBL & Associates Properties (CBL), GasLog Partners LP Unit (GLOP), Amplify Energy (AMPY), Amplify Energy (AMPY) and Summit Midstream Partners (SMLP). 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 a number of institutional and retail investors. Top institutional investors include Invesco Ltd. (9.04%), Morgan Stanley (0.63%), UBS Group AG (0.26%), GSA Capital Partners LLP (0.19%), Cannell Peter B & Co. Inc. (0.17%) and Russell Investments Group Ltd. (0.09%). Which institutional investors are selling Golar LNG Partners stock? GMLP stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Cannell Peter B & Co. Inc., and Russell Investments Group Ltd.. Which institutional investors are buying Golar LNG Partners stock? GMLP stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, GSA Capital Partners LLP, UBS Group AG, Searle & CO., Advisor Group Holdings Inc., and Liberty One Investment Management 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 $2.76. How big of a company is Golar LNG Partners? Golar LNG Partners has a market capitalization of $191.27 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 5/28/2020 by MarketBeat.com Staff
