NASDAQ:GPPGreen Plains Partners Stock Price, Forecast & News

Green Plains Partners' stock was trading at $10.10 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GPP shares have decreased by 36.4% and is now trading at $6.42. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Green Plains Partners in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Green Plains Partners.

Green Plains Partners is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Green Plains Partners.

Green Plains Partners LP (NASDAQ:GPP) released its quarterly earnings data on Monday, May, 4th. The transportation company reported $0.44 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.37 by $0.07. The transportation company earned $20.27 million during the quarter, compared to analysts' expectations of $20.55 million. Green Plains Partners had a negative return on equity of 54.98% and a net margin of 50.74%. View Green Plains Partners' earnings history.

Green Plains Partners announced a quarterly dividend on Thursday, April 16th. Shareholders of record on Friday, May 1st will be given a dividend of $0.12 per share on Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 7.48%. The ex-dividend date of this dividend is Thursday, April 30th. View Green Plains Partners' dividend history.

2 brokerages have issued 1-year price objectives for Green Plains Partners' stock. Their forecasts range from $10.00 to $18.00. On average, they expect Green Plains Partners' stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 118.1% from the stock's current price. View analysts' price targets for Green Plains Partners.

Media coverage about GPP stock has been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Green Plains Partners earned a media sentiment score of -3.8 on InfoTrie's scale. They also gave media stories about the transportation company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutGreen Plains Partners.

Green Plains Partners saw a decrease in short interest in May. As of May 15th, there was short interest totaling 38,500 shares, a decrease of 30.8% from the April 30th total of 55,600 shares. Based on an average daily volume of 120,300 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold. View Green Plains Partners' Current Options Chain.

Some companies that are related to Green Plains Partners include Amyris (AMRS), FutureFuel (FF), REX American Resources (REX), Landstar (LDSR), Green Plains (GPRE), Solarwindow Technologies (WNDW), Pacific Ethanol (PEIX), Tantech (TANH), CTD (CTDH), Gevo (GEVO), Aemetis (AMTX), Sino United Worldwide Consolidated (SUIC), Wave Sync (WAYS), OriginClear (OCLN) and Pledge Petroleum (PROP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Green Plains Partners investors own include Enterprise Products Partners (EPD), ANNALY CAP MGMT/SH (NLY), Energy Transfer LP Unit (ET), NGL Energy Partners (NGL), AT&T (T), New Residential Investment (NRZ), Orchid Island Capital (ORC), AGNC Investment (AGNC), Ares Capital (ARCC) and Alliance Resource Partners (ARLP).

(GPP) raised $200 million in an initial public offering (IPO) on Friday, June 26th 2015. The company issued 10,000,000 shares at $19.00-$21.00 per share. Barclays, BofA Merrill Lynch, Credit Suisse, Macquarie Capital and RBC Capital Markets served as the underwriters for the IPO and Baird, Raymond James, Stephens and Stifel were co-managers.

Green Plains Partners trades on the NASDAQ under the ticker symbol "GPP."

Green Plains Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include Morgan Stanley (3.89%), Morgan Stanley (3.89%), JPMorgan Chase & Co. (1.35%), Wells Fargo & Company MN (1.21%), Clearbridge Investments LLC (0.86%) and Lion Street Advisors LLC (0.72%). Company insiders that own Green Plains Partners stock include Jeffrey S Briggs, Martin Salinas, Michael A Metzler, Michelle Mapes and Todd A Becker. View institutional ownership trends for Green Plains Partners.

GPP stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Mondrian Investment Partners LTD, Clearbridge Investments LLC, HighTower Advisors LLC, Russell Investments Group Ltd., Sigma Planning Corp, and Wells Fargo & Company MN. View insider buying and selling activity for Green Plains Partners.

GPP stock was purchased by a variety of institutional investors in the last quarter, including Lion Street Advisors LLC, Invesco Ltd., Harvest Fund Advisors LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, and JPMorgan Chase & Co.. View insider buying and selling activity for Green Plains Partners.

Shares of GPP 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 GPP stock can currently be purchased for approximately $6.42.

Green Plains Partners has a market capitalization of $148.69 million and generates $82.39 million in revenue each year. The transportation company earns $41.48 million in net income (profit) each year or $1.76 on an earnings per share basis.

The official website for Green Plains Partners is www.greenplainspartners.com.

Green Plains Partners' mailing address is 1811 AKSARBEN DRIVE, OMAHA NE, 68106. The transportation company can be reached via phone at 402-884-8700 or via email at [email protected]