About Green Plains Partners LP (NASDAQ:GPP)
Green Plains Partners LP provides fuel storage and transportation services. The Company owns, operates, develops and acquires ethanol and fuel storage facilities, terminals, transportation assets, and other related assets and businesses. The Company's parent company is Green Plains Inc. (Green Plains). The Company was formed by Green Plains, a vertically integrated ethanol producer, to support its marketing and distribution activities as its primary downstream logistics provider. The Company's ethanol storage assets are the principal method of storing ethanol produced at its parent's ethanol production plants. Ethanol can be distributed from its storage facilities to bulk terminals through truck, railcar or barge. As of December 31, 2016, the Company owned or leased 39 ethanol storage facilities and approximately 56 acres of land. As of December 31, 2016, its storage tanks were located at or near its parent's 17 ethanol production plants in Indiana and Illinois, among others
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Renewable Fuels
- Sub-Industry: N/A
- Symbol: NASDAQ:GPP
- CUSIP: N/A
- Web: www.gpreinc.com
Capitalization:- Market Cap: $310.51 million
- Outstanding Shares: 31,813,000
Average Prices:- 50 Day Moving Avg: $19.75
- 200 Day Moving Avg: $19.33
- 52 Week Range: $17.05 - $21.75
P/E:- Trailing P/E Ratio: 11.08
- Foreward P/E Ratio: 9.98
- P/E Growth: 0.55
Sales & Book Value:- Annual Revenue: $106.79 million
- Price / Sales: 5.97
- Book Value: ($2.00) per share
- Price / Book: -10.03
Dividend:- Annual Dividend: $1.80
- Dividend Yield: 9.2%
Profitability:- EBITDA: $68.65 million
- Net Margins: 54.97%
- Return on Equity: -90.84%
- Return on Assets: 64.05%
Debt:- Debt-to-Equity Ratio: -2.12%
- Current Ratio: 1.29%
- Quick Ratio: 1.29%
Misc:- Average Volume: 29,785 shs.
- Beta: 1
- Short Ratio: 0.59
Frequently Asked Questions for Green Plains Partners LP (NASDAQ:GPP)
What is Green Plains Partners LP's stock symbol?
Green Plains Partners LP trades on the NASDAQ under the ticker symbol "GPP."
How often does Green Plains Partners LP pay dividends? What is the dividend yield for Green Plains Partners LP?
Green Plains Partners LP announced a quarterly dividend on Friday, October 20th. Investors of record on Friday, November 3rd will be given a dividend of $0.46 per share on Friday, November 10th. This represents a $1.84 annualized dividend and a yield of 9.18%. The ex-dividend date of this dividend is Thursday, November 2nd. This is a boost from Green Plains Partners LP's previous quarterly dividend of $0.45. View Green Plains Partners LP's Dividend History.
How were Green Plains Partners LP's earnings last quarter?
Green Plains Partners LP (NASDAQ:GPP) issued its quarterly earnings data on Monday, July, 31st. The company reported $0.40 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.50 by $0.10. The firm earned $25.10 million during the quarter, compared to analysts' expectations of $29.62 million. Green Plains Partners LP had a net margin of 54.97% and a negative return on equity of 90.84%. Green Plains Partners LP's revenue was down 1.6% on a year-over-year basis. View Green Plains Partners LP's Earnings History.
When will Green Plains Partners LP make its next earnings announcement?
Where is Green Plains Partners LP's stock going? Where will Green Plains Partners LP's stock price be in 2017?
5 brokers have issued 12 month price targets for Green Plains Partners LP's shares. Their forecasts range from $19.00 to $24.00. On average, they expect Green Plains Partners LP's share price to reach $22.00 in the next year. View Analyst Ratings for Green Plains Partners LP.
Who are some of Green Plains Partners LP's key competitors?
Some companies that are related to Green Plains Partners LP include Hennessy Capital Acquisition Corp. II (DSKE), CAI International (CAI), DHT Holdings (DHT), International Seaways (INSW), Scorpio Bulkers (SALT), Student Transportation (STB), Echo Global Logistics (ECHO), Nordic American Tankers Limited (NAT), Dynagas LNG Partners LP (DLNG), Dorian LPG (LPG), YRC Worldwide (YRCW), Capital Product Partners L.P. (CPLP), Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (GNK), Diana Shipping inc. (DSX), Fly Leasing Limited (FLY), Teekay Offshore Partners L.P. (TOO), Tsakos Energy Navigation Ltd (TNP) and Eagle Bulk Shipping (EGLE).
Who are Green Plains Partners LP's key executives?
Green Plains Partners LP's management team includes the folowing people:
- Jerry L. Peters CPA, Director of Green Plains Holdings LLC
- Todd A. Becker, President and Chief Executive Officer, Director of Green Plains Holdings LLC
- Jeffrey S. Briggs, Chief Operating Officer, Director of Green Plains Holdings LLC
- Michelle S. Mapes, Executive Vice President, General Counsel, Corporate Secretary of Green Plains Holdings LLC
- Carl S. Bleyl, Executive Vice President - Ethanol Marketing of Green Plains Holdings LLC
- Mark A. Hudak, Executive Vice President - Human Resources of Green Plains Holdings LLC
- Walter S. Cronin, Executive Vice President - Commercial Operations of Green Plains Holdings LLC
- Paul E. Kolomaya, Executive Vice President - Commodity Finance of Green Plains Holdings LLC
- Michael A. Metzler, Executive Vice President - Natural Gas & Power of Green Plains Holdings LLC
- George Patrich Simpkins Jr., Chief Development and Chief Risk Officer, Director of Green Plains Holdings LLC
When did Green Plains Partners LP IPO?
(GPP) raised $200 million in an initial public offering (IPO) on Friday, June 26th 2015. The company issued 10,000,000 shares at a price of $19.00-$21.00 per share. Barclays, BofA Merrill Lynch, Credit Suisse, Macquarie Capital and RBC Capital Markets acted as the underwriters for the IPO and Baird, Raymond James, Stephens and Stifel were co-managers.
How do I buy Green Plains Partners LP stock?
Shares of Green Plains Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Green Plains Partners LP's stock price today?
One share of Green Plains Partners LP stock can currently be purchased for approximately $20.05.
MarketBeat Community Rating for Green Plains Partners LP (NASDAQ GPP)MarketBeat's community ratings are surveys of what our community members think about Green Plains Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Green Plains Partners LP (NASDAQ:GPP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 4 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.60) |
| Consensus Price Target: | $22.00 (9.73% upside) |
Consensus Price Target History for Green Plains Partners LP (NASDAQ:GPP)
Analysts' Ratings History for Green Plains Partners LP (NASDAQ:GPP)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/12/2017 | Stifel Nicolaus | Reiterated Rating | Buy | $21.00 | N/A |  |
| 8/24/2017 | Robert W. Baird | Reiterated Rating | Buy | $24.00 | Low | |
| 8/2/2017 | Roth Capital | Set Price Target | Buy | $24.00 | High | |
| 8/2/2017 | Bank of America Corporation | Downgrade | Buy -> Underperform | $22.00 -> $19.00 | High | |
| 6/6/2017 | Royal Bank Of Canada | Reiterated Rating | Buy | $22.00 | Low | |
| 9/27/2016 | DA Davidson | Reiterated Rating | Buy | $21.50 | N/A | |
| 8/3/2016 | Credit Suisse Group | Set Price Target | Buy | $20.00 | N/A | |
| 2/13/2016 | Barclays PLC | Reiterated Rating | Hold | | N/A | |
(Data available from 10/21/2015 forward)
Earnings History for Green Plains Partners LP (NASDAQ:GPP)Earnings History by Quarter for Green Plains Partners LP (NASDAQ GPP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/30/2017 | | $0.50 | | | | | N/A | |
| 7/31/2017 | Q2 2017 | $0.50 | $0.40 | $29.62 million | $25.10 million | View | N/A | |
| 5/1/2017 | Q1 2017 | $0.49 | $0.46 | $29.48 million | $27.20 million | View | Listen | |
| 2/8/2017 | Q4 2016 | $0.47 | $0.50 | $29.08 million | $28.30 million | View | Listen | |
| 10/31/2016 | Q3 | $0.44 | $0.44 | $25.93 million | $26.21 million | View | N/A | |
| 8/1/2016 | Q2 | $0.40 | $0.43 | $24.36 million | $25.49 million | View | N/A | |
| 2/10/2016 | Q4 | $0.38 | $0.37 | $22.95 million | $22.69 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Green Plains Partners LP (NASDAQ:GPP)Current Year EPS Consensus Estimate: $1.83 EPS
Next Year EPS Consensus Estimate: $2.01 EPS
Current Dividend Information for Green Plains Partners LP (NASDAQ:GPP)| Next Dividend: | 11/10/2017 |
| Annual Dividend: | $1.80 |
| Dividend Yield: | 8.98% |
| Payout Ratio: | 100.00% (Trailing 12 Months of Earnings)
98.36% (Based on This Year's Estimates)
89.55% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Green Plains Partners LP (NASDAQ GPP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 10/20/2017 | quarterly | $0.46 | 9.18% | 11/2/2017 | 11/3/2017 | 11/10/2017 |
| 7/21/2017 | quarterly | $0.45 | 9.4% | 8/2/2017 | 8/4/2017 | 8/11/2017 |
| 4/21/2017 | quarterly | $0.44 | 8.82% | 5/3/2017 | 5/5/2017 | 5/15/2017 |
| 1/24/2017 | quarterly | $0.43 | 8.19% | 2/1/2017 | 2/3/2017 | 2/14/2017 |
| 10/21/2016 | quarterly | $0.42 | 8.41% | 11/2/2016 | 11/4/2016 | 11/14/2016 |
| 7/21/2016 | quarterly | $0.41 | 9.72% | 8/3/2016 | 8/5/2016 | 8/12/2016 |
| 4/22/2016 | quarterly | $0.41 | 11.79% | 5/4/2016 | 5/6/2016 | 5/13/2016 |
| 1/22/2016 | quarterly | $0.40 | | 2/3/2016 | 2/5/2016 | 2/12/2016 |
| 10/23/2015 | quarterly | $0.40 | | 11/4/2015 | 11/6/2015 | 11/13/2015 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Green Plains Partners LP (NASDAQ:GPP)Institutional Ownership Percentage: 44.81%
Insider Trades by Quarter for Green Plains Partners LP (NASDAQ:GPP)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/9/2017 | Todd A Becker | CEO | Buy | 5,000 | $19.96 | $99,800.00 | |
| 11/10/2016 | Jeffrey S Briggs | COO | Buy | 2,000 | $18.09 | $36,180.00 | |
| 11/4/2016 | Michelle Mapes | EVP | Buy | 6,340 | $19.10 | $121,094.00 | |
| 5/20/2016 | Michelle Mapes | EVP | Buy | 2,000 | $13.60 | $27,200.00 | |
| 5/18/2016 | Jeffrey S Briggs | COO | Buy | 1,000 | $13.50 | $13,500.00 | |
| 5/12/2016 | Jeffrey S Briggs | COO | Buy | 1,000 | $13.75 | $13,750.00 | |
| 5/9/2016 | Michelle Mapes | EVP | Buy | 2,000 | $13.96 | $27,920.00 | |
| 11/19/2015 | Clayton E Killinger | Director | Buy | 3,850 | $13.00 | $50,050.00 | |
| 11/11/2015 | Michelle Mapes | EVP | Buy | 2,000 | $13.95 | $27,900.00 | |
| 11/5/2015 | Michelle Mapes | EVP | Buy | 2,000 | $14.17 | $28,340.00 | |
| 9/11/2015 | Michelle Mapes | EVP | Buy | 4,000 | $13.27 | $53,080.00 | |
| 8/26/2015 | Michelle Mapes | EVP | Buy | 6,500 | $13.76 | $89,440.00 | |
| 8/25/2015 | Todd A. Becker | CEO | Buy | 7,000 | $13.94 | $97,580.00 | |
| 7/13/2015 | Todd A Becker | CEO | Buy | 7,156 | $14.50 | $103,762.00 | |
| 7/8/2015 | Todd A Becker | CEO | Buy | 5,000 | $14.00 | $70,000.00 | |
| 6/26/2015 | G Patrich Simpkins Jr | Insider | Buy | 5,000 | $15.00 | $75,000.00 | |
| 6/26/2015 | Jerry L Peters | CFO | Buy | 15,000 | $15.00 | $225,000.00 | |
| 6/26/2015 | Michael Carl Orgas | EVP | Buy | 10,000 | $15.00 | $150,000.00 | |
| 6/26/2015 | Todd A Becker | CEO | Buy | 37,500 | $15.00 | $562,500.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Green Plains Partners LP (NASDAQ:GPP)
Latest Headlines for Green Plains Partners LP (NASDAQ:GPP)
| Source: |
|
Green Plains Partners LP (GPP) Chart for Saturday, October, 21, 2017
