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 $1.60 -0.07 (-4.19 %) (As of 04/7/2020 04:00 PM ET) Add Compare Share Today's Range$1.57Now: $1.60▼$1.7650-Day Range$1.63MA: $3.44▼$5.2052-Week Range$1.30Now: $1.60▼$13.00Volume1.15 million shsAverage Volume777,953 shsMarket Capitalization$110.88 millionP/E Ratio7.62Dividend Yield99.19%Beta1.32 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInstitutional 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 337.5% from its current price of $1.60.Amount of Analyst CoverageGolar LNG Partners has only been the subject of 4 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesGolar LNG Partners has received 311 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGolar LNG Partners has received 445 “underperform” votes. (Add your “underperform” vote.)Community SentimentGolar LNG Partners has received 58.86% “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 1.7 Dividend Strength Dividend LeadershipGolar LNG Partners is a leading dividend payer. It pays a dividend yield of 99.19%, 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 200.00 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Golar LNG Partners will have a dividend payout ratio of 180.00 % in the coming year. This indicates that Golar LNG Partners may not be able to sustain their current 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 32.42% of the stock of Golar LNG Partners is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Golar LNG Partners are expected to grow by 11.11% in the coming year, from $0.81 to $0.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Golar LNG Partners is 7.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Golar LNG Partners is 7.62, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 11.42.Price to Earnings Growth RatioGolar LNG Partners has a PEG Ratio of 0.25. 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 0.17. 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: 1.7Insider Behavior: 0.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.12 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 Webhttp://www.golarlngpartners.com/ Phone441-295-4705Debt Debt-to-Equity Ratio1.70 Current Ratio0.43 Quick Ratio0.42Price-To-Earnings Trailing P/E Ratio7.62 Forward P/E Ratio1.98 P/E Growth0.25 Sales & Book Value Annual Sales$299.65 million Price / Sales0.37 Cash Flow$2.00 per share Price / Cash Flow0.80 Book Value$9.42 per share Price / Book0.17Profitability EPS (Most Recent Fiscal Year)$0.81 Net Income$17.81 million Net Margins5.94% Return on Equity9.25% Return on Assets2.62%Miscellaneous Employees1 Outstanding Shares69,300,000Market Cap$110.88 million Next Earnings Date5/19/2020 (Estimated) OptionableOptionable 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. NASDAQ:GMLP Rates by TradingView 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GMLP stock has decreased by 52.4% and is now trading at $1.60. View which stocks have been mosted 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 Tuesday, May 19th 2020. View our earnings forecast for Golar LNG Partners. How were Golar LNG Partners' earnings last quarter? Golar LNG Partners LP (NASDAQ:GMLP) issued its quarterly earnings results on Tuesday, February, 25th. The shipping company reported $0.29 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.04. The shipping company had revenue of $74.08 million for the quarter, compared to analysts' expectations of $76.35 million. Golar LNG Partners had a net margin of 5.94% and a return on equity of 9.25%. 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 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 dividend on an annualized basis and a dividend yield of 101.05%. The ex-dividend date of this dividend is Thursday, February 6th. This is an increase from Golar LNG Partners's previous quarterly dividend of $0.40. View Golar LNG Partners' dividend history. What price target have analysts set for GMLP? 6 Wall Street analysts have issued 1-year target prices for Golar LNG Partners' stock. Their forecasts range from $4.00 to $10.00. On average, they anticipate Golar LNG Partners' stock price to reach $7.00 in the next year. This suggests a possible upside of 337.5% from the stock's current price. View analysts' price targets for Golar LNG Partners. Has Golar LNG Partners been receiving favorable news coverage? News stories about GMLP stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news 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 negative five to positive five, with scores nearest to five being the most favorable. Golar LNG Partners earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent news 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 increase in short interest in February. As of February 28th, there was short interest totaling 1,880,000 shares, an increase of 14.6% from the February 13th total of 1,640,000 shares. Based on an average daily volume of 593,200 shares, the days-to-cover ratio is presently 3.2 days. Currently, 3.8% of the shares of the stock are sold short. 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 Golden Ocean Group (GOGL), KNOT Offshore Partners (KNOP), Tidewater (TDW), GasLog (GLOG), Hoegh LNG Partners (HMLP), GasLog Partners LP Unit (GLOP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX), EuroDry (EDRY), Hornbeck Offshore Services (HOS) and Caspian Services (CSSV). 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 Energy Transfer LP Unit (ET), New Residential Investment (NRZ), NGL Energy Partners (NGL), AT&T (T), GasLog Partners LP Unit (GLOP), Martin Midstream Partners (MMLP), Oxford Lane Capital (OXLC), Enterprise Products Partners (EPD), Ares Capital (ARCC) and InfraCap MLP ETF (AMZA). 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." 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 $1.60. How big of a company is Golar LNG Partners? Golar LNG Partners has a market capitalization of $110.88 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. View additional information about Golar LNG Partners. What is Golar LNG Partners' official website? The official website for Golar LNG Partners is http://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 4/7/2020 by MarketBeat.com StaffFeatured Article: Understanding Market Liquidity
