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

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

Golar LNG Partners announced a quarterly dividend on Monday, October 28th. Investors of record on Friday, November 8th will be paid a dividend of $0.404 per share on Thursday, November 14th. This represents a $1.62 annualized dividend and a dividend yield of 19.83%. The ex-dividend date of this dividend is Thursday, November 7th. View Golar LNG Partners' Dividend History.

Golar LNG Partners declared that its Board of Directors has approved a stock repurchase plan on Tuesday, March 6th 2018, which allows the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its shares are undervalued.

Golar LNG Partners LP (NASDAQ:GMLP) issued its earnings results on Tuesday, November, 26th. The shipping company reported $0.11 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.29 by $0.18. The shipping company earned $74.13 million during 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 Wednesday, February 26th 2020. View Earnings Estimates for Golar LNG Partners.

3 brokerages have issued 1-year price objectives for Golar LNG Partners' shares. Their forecasts range from $10.00 to $14.00. On average, they expect Golar LNG Partners' stock price to reach $11.33 in the next twelve months. This suggests a possible upside of 39.1% from the stock's current price. View Analyst Price Targets for Golar LNG Partners.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG Partners in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Golar LNG Partners.

Media stories about GMLP stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of 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 closest to five being the most favorable. Golar LNG Partners earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned press coverage 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 stock's share price in the near term. View News Stories for Golar LNG Partners.

Golar LNG Partners saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 1,270,000 shares, a decrease of 11.2% from the December 15th total of 1,430,000 shares. Based on an average daily volume of 311,800 shares, the days-to-cover ratio is presently 4.1 days. Currently, 2.6% of the shares of the stock are short sold. View Golar LNG Partners' Current Options Chain.

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

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), Martin Midstream Partners (MMLP), GasLog Partners LP Unit (GLOP), NGL Energy Partners (NGL), Enterprise Products Partners (EPD), Oxford Lane Capital (OXLC), Ares Capital (ARCC) and Main Street Capital (MAIN).

Golar LNG Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Wedbush Securities Inc. (0.02%).

GMLP stock was sold by a variety of institutional investors in the last quarter, including Wedbush Securities Inc..

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 $8.15.

Golar LNG Partners has a market capitalization of $564.81 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]