Hoegh LNG Partners LP Company Profile (NASDAQ:HMLP)

About Hoegh LNG Partners LP (NASDAQ:HMLP)

Hoegh LNG Partners LP logoHoegh LNG Partners LP owns, operates and acquires floating storage and regasification units (FSRUs), liquefied natural gas (LNG) carriers and other LNG infrastructure assets under long-term charters. The Company's segments include Majority held FSRUs, Joint venture FSRUs and other. The Majority held FSRUs segment includes the direct financing lease related to the PT Perusahaan Gas Negara (Persero) Tbk (PGN) FSRU Lampung and the operating lease related to the Hoegh Gallant. The Joint venture FSRUs segment includes approximately two FSRUs, including the GDF Suez LNG Supply S.A. (GDF Suez) Neptune and the GDF Suez Cape Ann, which operate under long term time charters. The Company intends to acquire newbuilding FSRUs on long-term charters, rather than FSRUs based on retrofitted, first-generation LNG carriers. The PGN FSRU Lampung is located offshore in the Lampung province at the southeast coast of Sumatra, Indonesia.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Symbol: NASDAQ:HMLP
  • CUSIP: N/A
  • Web: www.hoeghlngpartners.com
Capitalization:
  • Market Cap: $633.54 million
  • Outstanding Shares: 32,911,000
Average Prices:
  • 50 Day Moving Avg: $19.69
  • 200 Day Moving Avg: $19.21
  • 52 Week Range: $17.00 - $20.65
P/E:
  • Trailing P/E Ratio: 12.44
  • Foreward P/E Ratio: 8.41
  • P/E Growth: 0.27
Sales & Book Value:
  • Annual Revenue: $91.11 million
  • Price / Sales: 6.95
  • Book Value: $11.08 per share
  • Price / Book: 1.74
Dividend:
  • Dividend Yield: 35.7%
Profitability:
  • EBIDTA: $67.4 million
Misc:
  • Average Volume: 48,064 shs.
  • Short Ratio: 0.9
 

Frequently Asked Questions for Hoegh LNG Partners LP (NASDAQ:HMLP)

What is Hoegh LNG Partners LP's stock symbol?

Hoegh LNG Partners LP trades on the NASDAQ under the ticker symbol "HMLP."

How often does Hoegh LNG Partners LP pay dividends? What is the dividend yield for Hoegh LNG Partners LP?

Hoegh LNG Partners LP declared a quarterly dividend on Friday, April 21st. Stockholders of record on Thursday, May 4th will be given a dividend of $0.43 per share on Monday, May 15th. This represents a $1.72 annualized dividend and a dividend yield of 8.94%. The ex-dividend date is Tuesday, May 2nd. This is a boost from Hoegh LNG Partners LP's previous quarterly dividend of $0.41. View Hoegh LNG Partners LP's Dividend History.

How were Hoegh LNG Partners LP's earnings last quarter?

Hoegh LNG Partners LP (NASDAQ:HMLP) released its quarterly earnings results on Wednesday, May, 24th. The company reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.04. The firm had revenue of $35.08 million for the quarter, compared to the consensus estimate of $30.17 million. View Hoegh LNG Partners LP's Earnings History.

When will Hoegh LNG Partners LP make its next earnings announcement?

Hoegh LNG Partners LP is scheduled to release their next quarterly earnings announcement on Monday, May, 29th 2017. View Earnings Estimates for Hoegh LNG Partners LP.

Where is Hoegh LNG Partners LP's stock going? Where will Hoegh LNG Partners LP's stock price be in 2017?

5 equities research analysts have issued twelve-month target prices for Hoegh LNG Partners LP's stock. Their predictions range from $21.00 to $22.00. On average, they expect Hoegh LNG Partners LP's share price to reach $21.50 in the next year. View Analyst Ratings for Hoegh LNG Partners LP.

What are analysts saying about Hoegh LNG Partners LP stock?

Here are some recent quotes from research analysts about Hoegh LNG Partners LP stock:

  • 1. According to Zacks Investment Research, "Hoegh LNG Partners LP is a provider of floating LNG services under long-term contracts. The Company owns and operates floating storage and regasification units (FSRUs) which act as floating LNG import terminals, and LNG carriers which transport the LNG to its markets. Hoegh LNG Partners LP is based in Hamilton, Bermuda. " (2/13/2017)
  • 2. Barclays PLC analysts commented, "We estimate the transaction size will be $350-$400mm, contributing EBITDA at 9.25x. We expect HMLP to assume the vessel’s debt and to raise $100-$150mm in equity to fund the remaining portion. While the Partnership remains committed in growing its distribution via drop downs (2Q +22% YoY), present market conditions and current yield of 8.8% may serve as headwinds for accretion. Overall, we continue to view HMLP as a stable, low-risk LNG infrastructure MLP. It has no direct commodity price exposure and limited indirect exposure given its long-term fixed-rate charters with average duration of 13.6 years. We are raising our price target to $20 from $19." (8/30/2016)

Who are some of Hoegh LNG Partners LP's key competitors?

Who are Hoegh LNG Partners LP's key executives?

Hoegh LNG Partners LP's management team includes the folowing people:

  • Sveinung Stohle, Chairman of the Board Chairman of the Board of Hoegh LNG GP LLC,
  • Richard P.S.L. Tyrrell, Executive Officer, Chief Financial Officer of Hoegh LNG GP LLC
  • Steffen Foreid, Director of Hoegh LNG GP LLC
  • Morten W. Hoegh, Director of Hoegh LNG GP LLC
  • Andrew Jamieson, Director Hoegh LNG GP LLC
  • Robert Shaw, Director of Hoegh LNG GP LLC
  • David Spivak, Director of Hoegh LNG GP LLC

Who owns Hoegh LNG Partners LP stock?

Hoegh LNG Partners LP's stock is owned by a number of of retail and institutional investors. Top institutional investors include Kayne Anderson Capital Advisors LP (6.85%), Goldman Sachs Group Inc. (6.06%), Fairview Capital Investment Management LLC (4.58%), FMR LLC (4.29%), Eagle Global Advisors LLC (2.76%) and OppenheimerFunds Inc. (1.50%). View Institutional Ownership Trends for Hoegh LNG Partners LP.

Who sold Hoegh LNG Partners LP stock? Who is selling Hoegh LNG Partners LP stock?

Hoegh LNG Partners LP's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, OppenheimerFunds Inc. and CNA Financial Corp. View Insider Buying and Selling for Hoegh LNG Partners LP.

Who bought Hoegh LNG Partners LP stock? Who is buying Hoegh LNG Partners LP stock?

Hoegh LNG Partners LP's stock was bought by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Van ECK Associates Corp, Bank of America Corp DE, Green Square Capital LLC, Renaissance Technologies LLC, Stifel Financial Corp, UBS Group AG and Nwam LLC. View Insider Buying and Selling for Hoegh LNG Partners LP.

How do I buy Hoegh LNG Partners LP stock?

Shares of Hoegh LNG 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 Hoegh LNG Partners LP's stock price today?

One share of Hoegh LNG Partners LP stock can currently be purchased for approximately $19.25.


MarketBeat Community Rating for Hoegh LNG Partners LP (NASDAQ HMLP)
Community Ranking:  1.8 out of 5 ()
Outperform Votes:  48 (Vote Outperform)
Underperform Votes:  84 (Vote Underperform)
Total Votes:  132
MarketBeat's community ratings are surveys of what our community members think about Hoegh LNG 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.

Analyst Ratings

Consensus Ratings for Hoegh LNG Partners LP (NASDAQ:HMLP) (?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $21.50 (11.69% upside)

Analysts' Ratings History for Hoegh LNG Partners LP (NASDAQ:HMLP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/13/2017Barclays PLCSet Price TargetHold$21.00LowView Rating Details
12/20/2016Seaport Global SecuritiesReiterated RatingBuyN/AView Rating Details
12/12/2016Stifel NicolausInitiated CoverageBuy$22.00N/AView Rating Details
11/2/2016Morgan StanleyUpgradeEqual Weight -> OverweightN/AView Rating Details
8/26/2016Citigroup IncReiterated RatingBuy$18.50 -> $21.00N/AView Rating Details
3/15/2016Clarkson CapitalReiterated RatingBuyN/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for Hoegh LNG Partners LP (NASDAQ:HMLP)
Earnings by Quarter for Hoegh LNG Partners LP (NASDAQ:HMLP)
Earnings History by Quarter for Hoegh LNG Partners LP (NASDAQ:HMLP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/24/20173/31/2017$0.37$0.41$30.17 million$35.08 millionViewN/AView Earnings Details
2/28/2017Q416$0.31$0.25$21.54 million$23.31 millionViewListenView Earnings Details
11/17/2016Q316$0.35$0.33$23.11 million$23.35 millionViewN/AView Earnings Details
8/25/2016Q216$0.42$0.31$23.47 million$22.80 millionViewListenView Earnings Details
5/31/2016Q116$0.45($0.04)$23.52 million$21.70 millionViewListenView Earnings Details
2/29/2016Q415$0.42$0.62$23.05 million$23.40 millionViewListenView Earnings Details
12/15/2015Q315$0.27$0.20$11.12 million$11.50 millionViewListenView Earnings Details
8/27/2015Q215$0.26$0.62$11.44 million$11.09 millionViewListenView Earnings Details
5/28/2015Q115$0.35$0.09$13.78 million$11.54 millionViewListenView Earnings Details
2/26/2015Q414$0.34$0.20$11.28 million$17.06 millionViewN/AView Earnings Details
11/25/2014Q314$0.34$0.26$11.30 million$16.52 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Hoegh LNG Partners LP (NASDAQ:HMLP)
2017 EPS Consensus Estimate: $1.97
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.51$0.51$0.51
Q2 20171$0.48$0.48$0.48
Q3 20171$0.50$0.50$0.50
Q4 20171$0.48$0.48$0.48
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Hoegh LNG Partners LP (NASDAQ:HMLP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/21/2017quarterly$0.438.64%5/2/20175/4/20175/15/2017
1/20/2017quarterly$0.418.62%1/31/20172/2/20172/14/2017
10/24/2016quarterly$0.419.17%11/2/201611/4/201611/14/2016
7/25/2016quarterly$0.418.76%8/3/20168/5/20168/15/2016
4/22/2016quarterly$0.419.12%4/29/20165/3/20165/13/2016
1/25/2016$0.412/3/20162/5/20162/15/2016
10/23/2015quarterly$0.348.08%11/3/201511/5/201511/13/2015
7/24/2015quarterly$0.347.22%8/4/20158/6/20158/14/2015
4/24/2015quarterly$0.346.15%5/5/20155/7/20155/15/2015
1/23/2015quarterly$0.346.45%1/30/20152/3/20152/13/2015
10/27/2014quarterly$0.183.43%10/31/201411/4/201411/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Hoegh LNG Partners LP (NASDAQ:HMLP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Hoegh LNG Partners LP (NASDAQ:HMLP)
Latest Headlines for Hoegh LNG Partners LP (NASDAQ:HMLP)
Source:
DateHeadline
seekingalpha.com logoHoegh LNG Partners' (HMLP) CEO Sveinung Stohle on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 26 at 1:42 AM
finance.yahoo.com logoIs Hoegh LNG a Great Stock for Value Investors?
finance.yahoo.com - May 25 at 3:28 PM
americanbankingnews.com logoHoegh LNG Partners LP (HMLP) Releases Earnings Results, Beats Expectations By $0.04 EPS
www.americanbankingnews.com - May 25 at 9:48 AM
finance.yahoo.com logoHöegh LNG Partners LP (HMLP)
finance.yahoo.com - May 25 at 3:38 AM
finance.yahoo.com logoEdited Transcript of HMLP earnings conference call or presentation 24-May-17 12:30pm GMT
finance.yahoo.com - May 24 at 10:37 PM
seekingalpha.com logoHoegh LNG Partners LP 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 24 at 5:35 PM
finance.yahoo.com logoHoegh LNG beats 1Q profit forecasts
finance.yahoo.com - May 24 at 11:45 AM
americanbankingnews.com logoHoegh LNG Partners LP (HMLP) Expected to Post Quarterly Sales of $30.17 Million
www.americanbankingnews.com - May 21 at 2:26 PM
finance.yahoo.com logoHoegh LNG Partners LP -- Invitation to Presentation of First Quarter 2017 Results
finance.yahoo.com - May 17 at 5:40 PM
americanbankingnews.com logoHoegh LNG Partners LP (HMLP) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 16 at 11:32 AM
americanbankingnews.com logoHoegh LNG Partners LP (HMLP) Expected to Announce Earnings of $0.41 Per Share
www.americanbankingnews.com - May 16 at 8:24 AM
finance.yahoo.com logoHöegh LNG Partners LP breached its 50 day moving average in a Bearish Manner : HMLP-US : May 8, 2017
finance.yahoo.com - May 8 at 5:24 PM
nasdaq.com logoHoegh LNG Partners LP (HMLP) Ex-Dividend Date Scheduled for May 02,...
www.nasdaq.com - May 1 at 6:33 PM
americanbankingnews.com logoHoegh LNG Partners (HMLP) Given News Sentiment Score of -0.12
www.americanbankingnews.com - May 1 at 10:19 AM
americanbankingnews.com logoHoegh LNG Partners (HMLP) Getting Somewhat Negative News Coverage, Report Shows
www.americanbankingnews.com - April 28 at 12:36 PM
americanbankingnews.com logo$30.17 Million in Sales Expected for Hoegh LNG Partners LP (HMLP) This Quarter
www.americanbankingnews.com - April 27 at 11:50 AM
americanbankingnews.com logoHoegh LNG Partners LP (HMLP) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - April 27 at 12:12 AM
americanbankingnews.com logo$0.41 Earnings Per Share Expected for Hoegh LNG Partners LP (HMLP) This Quarter
www.americanbankingnews.com - April 25 at 5:18 PM
americanbankingnews.com logoHoegh LNG Partners (HMLP) Receiving Positive News Coverage, Study Finds
www.americanbankingnews.com - April 25 at 10:33 AM
americanbankingnews.com logoHoegh LNG Partners LP (HMLP) Declares Dividend Increase - $0.43 Per Share
www.americanbankingnews.com - April 21 at 7:22 PM
americanbankingnews.com logoHoegh LNG Partners LP (HMLP) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 21 at 12:45 PM
finance.yahoo.com logoHöegh LNG Partners LP Increases Cash Distributions for the First Quarter 2017
finance.yahoo.com - April 20 at 5:47 PM
americanbankingnews.com logoHoegh LNG Partners (HMLP) Given News Impact Score of 0.19
www.americanbankingnews.com - April 17 at 11:03 PM
americanbankingnews.com logoPositive Media Coverage Extremely Likely to Effect Hoegh LNG Partners (HMLP) Stock Price
www.americanbankingnews.com - April 14 at 1:26 PM
finance.yahoo.com logoHöegh LNG Partners LP :HMLP-US: Earnings Analysis: Q4, 2016 By the Numbers : April 13, 2017
finance.yahoo.com - April 13 at 5:30 PM
finance.yahoo.com logoHöegh LNG Partners LP :HMLP-US: Earnings Analysis: 2016 By the Numbers : April 13, 2017
finance.yahoo.com - April 13 at 10:27 AM
finance.yahoo.com logoHoegh LNG Partners LP Announces Availability of its Form 20-F for the Year Ended December 31, 2016
finance.yahoo.com - April 7 at 10:16 AM
americanbankingnews.com logoHoegh LNG Partners LP (HMLP) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - March 27 at 2:34 PM
seekingalpha.com logoHoegh LNG Partners LP 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - March 26 at 9:26 AM
americanbankingnews.com logoZacks: Hoegh LNG Partners LP (HMLP) Given Consensus Rating of "" by Analysts
www.americanbankingnews.com - March 24 at 11:53 AM
finance.yahoo.com logoEdited Transcript of HMLP earnings conference call or presentation 28-Feb-17 1:30pm GMT
finance.yahoo.com - March 1 at 11:59 AM
seekingalpha.com logoHoegh LNG Partners LP EPS of $1.04
seekingalpha.com - February 28 at 9:07 AM
finance.yahoo.com logoHoegh LNG Partners LP - Invitation to Presentation of Fourth Quarter 2016 Results
finance.yahoo.com - February 22 at 12:51 PM
finance.yahoo.com logoHoegh LNG Partners LP Announces Closing Of The Transfer Of 51% Interest In FSRU Hoegh Grace
finance.yahoo.com - January 4 at 1:30 AM
streetinsider.com logoHoegh LNG Partners (HMLP) to Take Majority Stake in Grace Holding for ~$188.7M
www.streetinsider.com - December 2 at 8:14 AM
us.rd.yahoo.com logo4:15 pm Hoegh LNG Partners agrees to acquire a 51% interest in the FSRU Hoegh Grace for about $91.80 mln; proposes a possible quarterly dividend increase of 4-5% assuming the purchase is completed
us.rd.yahoo.com - December 1 at 10:46 PM
finance.yahoo.com logoHoegh LNG Partners LP Announces Pricing of Upsized Public Offering of 6,000,000 Common Units
finance.yahoo.com - December 1 at 10:46 PM
finance.yahoo.com logoHöegh LNG - Höegh LNG Partners LP Announces Pricing of Upsized Public Offering of 6,000,000 Common Units
finance.yahoo.com - December 1 at 10:46 PM
streetinsider.com logoHoegh LNG Partners (HMLP) Tops Q3 EPS by 16c
www.streetinsider.com - November 18 at 5:45 AM
seekingalpha.com logoHöegh LNG Partners' (HMLP) CEO Richard Tyrrell on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - November 17 at 4:58 PM
finance.yahoo.com logoHoegh LNG Partners LP - Invitation to Presentation of Third Quarter 2016 Results
finance.yahoo.com - November 11 at 7:47 AM
seekingalpha.com logoHöegh LNG Partners' (HMLP) CEO Richard Tyrrell on Q4 2015 Results - Earnings Call Transcript
seekingalpha.com - March 2 at 2:55 PM
finance.yahoo.com logoEdited Transcript of HMLP earnings conference call or presentation 29-Feb-16 1:30pm GMT
finance.yahoo.com - February 29 at 2:07 PM
biz.yahoo.com logoQ4 2015 Hoegh LNG Partners LP Earnings Release - Before Market Open
biz.yahoo.com - February 29 at 7:07 AM
finance.yahoo.com logoHöegh LNG Partners LP Reports Preliminary Financial Results for the Quarter Ended December 31, 2015
finance.yahoo.com - February 29 at 6:31 AM
finance.yahoo.com logoHöegh LNG Partners LP - Invitation to Presentation of Fourth Quarter 2015 Results
finance.yahoo.com - February 23 at 4:34 PM
thestreet.com logoHoegh LNG Partners LP Increases Cash Distribution By 22%
www.thestreet.com - January 23 at 1:49 PM
seekingalpha.com logoHoegh LNG Partners LP declares $0.4125 dividend
seekingalpha.com - January 22 at 4:40 PM
finance.yahoo.com logo4:17 pm Hoegh LNG Partners increases quarterly distribution to $0.4125/unit from $0.3375/unit
finance.yahoo.com - January 22 at 4:17 PM
finance.yahoo.com logoHöegh LNG Partners LP Increases Cash Distribution by 22%
finance.yahoo.com - January 22 at 4:15 PM

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Chart

Hoegh LNG Partners LP (HMLP) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff