Golar LNG Partners Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Golar LNG Partners in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Golar LNG Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GMLP, but not buy additional shares or sell existing shares.
View analyst ratings for Golar LNG Partners or view top-rated stocks.

Wall Street analysts have given Golar LNG Partners a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Golar LNG Partners wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Golar LNG Partners LP (NASDAQ:GMLP) issued its earnings results on Sunday, November, 29th. The shipping company reported $0.25 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.22 by $0.03. The shipping company had revenue of $69.54 million for the quarter, compared to analyst estimates of $70.48 million. Golar LNG Partners had a trailing twelve-month return on equity of 13.04% and a net margin of 9.97%.
View Golar LNG Partners' earnings history.

Golar LNG Partners announced a quarterly dividend on Wednesday, January 27th. Shareholders of record on Friday, February 5th will be given a dividend of $0.02 per share on Friday, February 12th. This represents a $0.08 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date is Thursday, February 4th.
View Golar LNG Partners' dividend history.

Golar LNG Partners pays an annual dividend of $0.08 per share and currently has a dividend yield of 2.25%. Golar LNG Partners does not yet have a strong track record of dividend growth. The dividend payout ratio of Golar LNG Partners is 9.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Golar LNG Partners will have a dividend payout ratio of 9.41% next year. This indicates that Golar LNG Partners will be able to sustain or increase its dividend.
View Golar LNG Partners' dividend history.

3 brokerages have issued 12-month price targets for Golar LNG Partners' shares. Their forecasts range from $3.50 to $3.55. On average, they anticipate Golar LNG Partners' share price to reach $3.53 in the next twelve months. This suggests that the stock has a possible downside of 0.7%.
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Some companies that are related to Golar LNG Partners include FLEX LNG (FLNG), KNOT Offshore Partners (KNOP), Höegh LNG Partners (HMLP), GasLog (GLOG), International Seaways (INSW), Tidewater (TDW), Nordic American Tankers (NAT), Teekay Tankers (TNK), GasLog Partners (GLOP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX), EuroDry (EDRY), Caspian Services (CSSV), Hornbeck Offshore Services (HOSSQ) and Royal Olympic Cruise Lines (ROCLF).
View all of GMLP's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Golar LNG Partners investors own include New Residential Investment (NRZ), Washington Prime Group (WPG), CBL & Associates Properties (CBL), EnLink Midstream (ENLC), DHT (DHT), Pennsylvania Real Estate Investment Trust (PEI), Evolve Transition Infrastructure (SNMP), Gran Tierra Energy (GTE), Cannabics Pharmaceuticals (CNBX) and Enerplus (ERF).

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

Golar LNG Partners' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (1.94%), Renaissance Technologies LLC (1.49%), JPMorgan Chase & Co. (1.02%), Credit Suisse AG (0.67%), Citigroup Inc. (0.62%) and Alpine Global Management LLC (0.52%).

GMLP stock was sold by a variety of institutional investors in the last quarter, including 683 Capital Management LLC, Odey Asset Management Group Ltd, Stifel Financial Corp, Eqis Capital Management Inc., and Goldman Sachs Group Inc..

GMLP stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, JPMorgan Chase & Co., Credit Suisse AG, Citigroup Inc., Alpine Global Management LLC, Keebeck Alpha LP, GABELLI & Co INVESTMENT ADVISERS INC., and Gabelli Funds LLC.

One share of GMLP stock can currently be purchased for approximately $3.55.

Golar LNG Partners has a market capitalization of $246.02 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.

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

Golar LNG Partners is headquartered at 2ND FLOOR S.E. PEARMAN BUILDING 9 PAR-LA-VILLE ROAD, HAMILTON D0, HM 11.

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]