NASDAQ:GMLP - Golar LNG Partners Stock Price, Forecast & News

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

Golar LNG Partners declared a quarterly dividend on Wednesday, January 29th. Shareholders of record on Friday, February 7th will be given a dividend of $0.4042 per share on Friday, February 14th. This represents a $1.62 dividend on an annualized basis and a yield of 37.25%. The ex-dividend date is Thursday, February 6th. This is a boost from Golar LNG Partners's previous quarterly dividend of $0.40. View Golar LNG Partners' Dividend History.

Golar LNG Partners declared that its board has initiated a share repurchase plan on Tuesday, March 6th 2018, which authorizes the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's management believes its stock is undervalued.

Golar LNG Partners LP (NASDAQ:GMLP) posted its quarterly earnings results on Tuesday, November, 26th. The shipping company reported $0.11 earnings per share (EPS) 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 analyst estimates of $76.47 million. Golar LNG Partners had a negative net margin of 10.41% and a positive return on equity of 2.83%. View Golar LNG Partners' Earnings History.

Golar LNG Partners is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Golar LNG Partners.

Golar LNG Partners will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 equities research analysts have issued 1 year target prices for Golar LNG Partners' stock. Their forecasts range from $5.00 to $14.00. On average, they expect Golar LNG Partners' stock price to reach $9.75 in the next twelve months. This suggests a possible upside of 124.7% from the stock's current price. View Analyst Price Targets for Golar LNG Partners.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG Partners in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Golar LNG Partners.

Media coverage about GMLP stock has trended very negative this week, according to InfoTrie. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 -3.0 on InfoTrie's scale. They also assigned headlines about the shipping company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Golar LNG Partners.

Golar LNG Partners saw a increase in short interest in January. As of January 31st, there was short interest totalling 1,570,000 shares, an increase of 23.6% from the January 15th total of 1,270,000 shares. Based on an average daily trading volume, of 345,300 shares, the days-to-cover ratio is currently 4.5 days. Approximately 3.2% of the company's stock are sold short. View Golar LNG Partners' Current Options Chain.

Some companies that are related to Golar LNG Partners include Golar LNG (GLNG), Teekay Lng Partners (TGP), Golden Ocean Group (GOGL), Teekay Offshore Partners (TOO), KNOT Offshore Partners (KNOP), International Seaways (INSW), Tidewater (TDW), GasLog (GLOG), Teekay Tankers (TNK), Nordic American Tanker (NAT), Hoegh LNG Partners (HMLP), GasLog Partners LP Unit (GLOP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX) and EuroDry (EDRY).

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), AT&T (T), NGL Energy Partners (NGL), GasLog Partners LP Unit (GLOP), Martin Midstream Partners (MMLP), Oxford Lane Capital (OXLC), Enterprise Products Partners (EPD), InfraCap MLP ETF (AMZA) and Ares Capital (ARCC).

Golar LNG Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (0.95%), Stifel Financial Corp (0.45%), Muhlenkamp & Co. Inc. (0.37%), Rafferty Asset Management LLC (0.30%), New York State Teachers Retirement System (0.29%) and UBS Group AG (0.22%).

GMLP stock was sold by a variety of institutional investors in the last quarter, including Stifel Financial Corp, Goldman Sachs Group Inc., Bank of America Corp DE, Coastal Investment Advisors Inc., Geode Capital Management LLC, Cannell Peter B & Co. Inc. and Wedbush Securities Inc..

GMLP stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, New York State Teachers Retirement System, Russell Investments Group Ltd., UBS Group AG, Rafferty Asset Management LLC, Muhlenkamp & Co. Inc., Regent Investment Management LLC and Jane Street Group LLC.

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.

One share of GMLP stock can currently be purchased for approximately $4.34.

Golar LNG Partners has a market capitalization of $300.76 million and generates $346.65 million in revenue each year. The shipping company earns $73.19 million in net income (profit) each year or $1.05 on an earnings per share basis. Golar LNG Partners employs 1 workers across the globe.View Additional Information About Golar LNG Partners.

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

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]