Hoegh LNG Partners LP Company Profile (NASDAQ:HMLP)

About Hoegh LNG Partners LP

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: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: HMLP
  • CUSIP:
Key Metrics:
  • Previous Close: $19.55
  • 50 Day Moving Average: $19.15
  • 200 Day Moving Average: $18.56
  • 52-Week Range: $26,322,000.00 - $13.30
  • Trailing P/E Ratio: 15.19
  • Foreward P/E Ratio: 10.24
  • P/E Growth: 0.42
  • Market Cap: $509.33M
  • Outstanding Shares: 26,322,000
Additional Links:

Analyst Ratings

Consensus Ratings for Hoegh LNG Partners LP (NASDAQ:HMLP) (?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $21.00 (8.53% upside)

Analysts' Ratings History for Hoegh LNG Partners LP (NASDAQ:HMLP)
Show:
DateFirmActionRatingPrice TargetDetails
12/12/2016Stifel NicolausInitiated CoverageBuy$22.00View Rating Details
11/2/2016Morgan StanleyUpgradeEqual Weight -> OverweightView Rating Details
8/30/2016Barclays PLCReiterated RatingEqual Weight$19.00 -> $20.00View Rating Details
8/26/2016Citigroup Inc.Reiterated RatingBuy$18.50 -> $21.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Hoegh LNG Partners LP (NASDAQ:HMLP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017        
11/17/2016Q316$0.35$0.33$23.11 million$23.35 millionViewN/AView Earnings Details
8/25/2016Q216$0.42$0.16$23.47 million$22.80 millionViewListenView Earnings Details
5/31/2016Q116$0.45($0.04)$23.52 million$21.70 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Hoegh LNG Partners LP (NASDAQ:HMLP)
Current Year EPS Consensus Estimate: $1.19 EPS
Next Year EPS Consensus Estimate: $1.89 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.23$0.23$0.23
Q2 20161$0.23$0.23$0.23
Q3 20161$0.36$0.36$0.36
Q4 20161$0.31$0.31$0.31
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 for Hoegh LNG Partners LP (NASDAQ:HMLP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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
(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

Latest Headlines for Hoegh LNG Partners LP (NASDAQ:HMLP)
DateHeadline
marketrealist.com logoHigher Earnings Estimated for Hoegh LNG Partners in 2016 and 2017 (NASDAQ:HMLP)
marketrealist.com - January 26 at 7:15 PM
News IconBerko: LNG carriers may bring big rewards (NASDAQ:HMLP)
www.columbian.com - January 14 at 5:45 PM
News IconMALCOLM BERKO: Investing in natural gas carriers carries risk (NASDAQ:HMLP)
www.nwfdailynews.com - January 12 at 6:09 PM
News IconHöegh LNG completes sale of 51 pct in FSRU Höegh Grace (NASDAQ:HMLP)
www.lngworldnews.com - January 4 at 3:20 PM
finance.yahoo.com logoHoegh LNG Partners LP Announces Closing Of The Transfer Of 51% Interest In FSRU Hoegh Grace (NASDAQ:HMLP)
finance.yahoo.com - January 4 at 1:30 AM
capitalcube.com logoHöegh LNG Partners LP : HMLP-US: Dividend Analysis : November 04th, 2016 (record date) : By the numbers : January 3, 2017 (NASDAQ:HMLP)
www.capitalcube.com - January 3 at 11:46 AM
News IconHoegh LNG Partners to Acquire a 51% Interest in the FSRU Höegh Grace (NASDAQ:HMLP)
www.shippingherald.com - December 2 at 8:14 AM
News IconHoegh LNG sells 51 pct in FSRU Hoegh Grace (NASDAQ:HMLP)
www.lngworldnews.com - December 2 at 8:14 AM
streetinsider.com logoHoegh LNG Partners (HMLP) to Take Majority Stake in Grace Holding for ~$188.7M (NASDAQ:HMLP)
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 (NASDAQ:HMLP)
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 (NASDAQ:HMLP)
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 (NASDAQ:HMLP)
finance.yahoo.com - December 1 at 10:46 PM
feeds.reuters.com logoBRIEF-Hoegh LNG Partners prices upsized public offering of 6 mln shares at $17.60/unit (NASDAQ:HMLP)
feeds.reuters.com - December 1 at 9:06 PM
feeds.reuters.com logoBRIEF-Hoegh LNG Partners agrees to acquire 51% interest in FSRU Höegh Grace (NASDAQ:HMLP)
feeds.reuters.com - December 1 at 4:58 PM
marketrealist.com logoWhat Analysts Recommend for Golar LNG (NASDAQ:HMLP)
marketrealist.com - November 29 at 4:48 PM
marketrealist.com logoWhat Analysts Recommend for Golar LNG (NASDAQ:HMLP)
marketrealist.com - November 29 at 4:48 PM
News IconHoegh LNG Partners could spend up to $400 million for 5th FSRU (NASDAQ:HMLP)
www.hellenicshippingnews.com - November 23 at 8:13 AM
streetinsider.com logoHoegh LNG Partners (HMLP) Tops Q3 EPS by 16c (NASDAQ:HMLP)
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 (NASDAQ:HMLP)
seekingalpha.com - November 17 at 4:58 PM
finance.yahoo.com logoHoegh LNG Partners LP - Invitation to Presentation of Third Quarter 2016 Results (NASDAQ:HMLP)
finance.yahoo.com - November 11 at 7:47 AM
News IconVGK, RETL: Big ETF Outflows (NASDAQ:HMLP)
www.etfchannel.com - October 28 at 5:17 PM
marketrealist.com logoAnalysts Expect Hoegh LNG’s Earnings to Rise More and More (NASDAQ:HMLP)
marketrealist.com - October 28 at 5:17 PM
capitalcube.com logoHöegh LNG Partners LP : HMLP-US: Dividend Analysis : August 05th, 2016 (record date) : By the numbers : October 12, 2016 (NASDAQ:HMLP)
www.capitalcube.com - October 12 at 5:27 PM
News IconCitigroup Maintains Hoegh LNG Partners LP to Buy with Price Target $21.00 (NASDAQ:HMLP)
www.hellenicshippingnews.com - September 6 at 10:12 AM
seekingalpha.com logoHöegh LNG Partners' (HMLP) CEO Richard Tyrrell on Q4 2015 Results - Earnings Call Transcript (NASDAQ:HMLP)
seekingalpha.com - March 2 at 2:55 PM
capitalcube.com logoHöegh LNG Partners LP Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:HMLP)
www.capitalcube.com - March 2 at 12:04 PM
finance.yahoo.com logoEdited Transcript of HMLP earnings conference call or presentation 29-Feb-16 1:30pm GMT (NASDAQ:HMLP)
finance.yahoo.com - February 29 at 2:07 PM
biz.yahoo.com logoQ4 2015 Hoegh LNG Partners LP Earnings Release - Before Market Open (NASDAQ:HMLP)
biz.yahoo.com - February 29 at 7:07 AM
sg.finance.yahoo.com logoHoegh LNG beats 4Q profit forecasts (NASDAQ:HMLP)
sg.finance.yahoo.com - February 29 at 6:51 AM
finance.yahoo.com logoHöegh LNG Partners LP Reports Preliminary Financial Results for the Quarter Ended December 31, 2015 (NASDAQ:HMLP)
finance.yahoo.com - February 29 at 6:31 AM
marketrealist.com logoWhat Are the Wall Street Analysts’ Views on Teekay LNG Partners? (NASDAQ:HMLP)
marketrealist.com - February 27 at 2:33 PM
4-traders.com logoHoegh LNG Partners : Höegh LNG Partners LP - Invitation to Presentation of Fourth Quarter 2015 Results (NASDAQ:HMLP)
www.4-traders.com - February 24 at 2:55 PM
finance.yahoo.com logoHöegh LNG Partners LP - Invitation to Presentation of Fourth Quarter 2015 Results (NASDAQ:HMLP)
finance.yahoo.com - February 23 at 4:34 PM
thestreet.com logoHoegh LNG Partners LP Increases Cash Distribution By 22% (NASDAQ:HMLP)
www.thestreet.com - January 23 at 1:49 PM
seekingalpha.com logoHoegh LNG Partners LP declares $0.4125 dividend (NASDAQ:HMLP)
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 (NASDAQ:HMLP)
finance.yahoo.com - January 22 at 4:17 PM
finance.yahoo.com logoHöegh LNG Partners LP Increases Cash Distribution by 22% (NASDAQ:HMLP)
finance.yahoo.com - January 22 at 4:15 PM
finance.yahoo.com logoCoverage initiated on Hoegh LNG Partners by Seaport Global Securities (NASDAQ:HMLP)
finance.yahoo.com - January 6 at 9:14 AM
finance.yahoo.com logoEdited Transcript of HMLP earnings conference call or presentation 15-Dec-15 1:30pm GMT (NASDAQ:HMLP)
finance.yahoo.com - December 15 at 12:50 PM
noodls.com logoHöegh LNG Partners LP Reports Financial Results for the Quarter Ended September 30, 2015 (NASDAQ:HMLP)
www.noodls.com - December 15 at 8:47 AM
finance.yahoo.com logoHoegh LNG misses 3Q profit forecasts (NASDAQ:HMLP)
finance.yahoo.com - December 15 at 7:18 AM
biz.yahoo.com logoQ3 2015 Hoegh LNG Partners LP Earnings Release - Before Market Open (NASDAQ:HMLP)
biz.yahoo.com - December 15 at 7:07 AM
noodls.com logoHöegh LNG Partners LP - Invitation to Presentation of Third Quarter 2015 Results (NASDAQ:HMLP)
www.noodls.com - December 11 at 7:07 AM
finance.yahoo.com logoHOEGH LNG PARTNERS LP Financials (NASDAQ:HMLP)
finance.yahoo.com - December 8 at 1:17 PM
noodls.com logoHöegh LNG Partners LP Reports Restated Historical Results (NASDAQ:HMLP)
www.noodls.com - December 4 at 7:08 AM
finance.yahoo.com logoIMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces an Investigation of Claims against Höegh LNG Partners LP and Advises Investors to Contact the Firm (NASDAQ:HMLP)
finance.yahoo.com - November 29 at 8:13 PM
noodls.com logoHöegh LNG Partners LP Announces Intention to Restate its Financial Statements (NASDAQ:HMLP)
www.noodls.com - November 20 at 4:22 AM
finance.yahoo.com logoSHAREHOLDER NOTICE: Goldberg Law PC Announces an Investigation of Claims against Höegh LNG Partners LP and Strongly Encourages Investors to Contact the Firm (NASDAQ:HMLP)
finance.yahoo.com - November 12 at 12:22 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Hoegh LNG Partners LP. (NASDAQ:HMLP)
finance.yahoo.com - November 12 at 10:18 AM

Social

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 announced a quarterly dividend on Friday, January 20th. Stockholders of record on Thursday, February 2nd will be paid a dividend of $0.4125 per share on Tuesday, February 14th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 8.53%. The ex-dividend date is Tuesday, January 31st.

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

4 equities research analysts have issued 12 month price objectives for Hoegh LNG Partners LP's stock. Their predictions range from $20.00 to $22.00. On average, they expect Hoegh LNG Partners LP's share price to reach $21.00 in the next year.

When will Hoegh LNG Partners LP announce their earnings?

Hoegh LNG Partners LP is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

What are analysts saying about Hoegh LNG Partners LP stock?

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

  • 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)

  • 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 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 Investment Strategies, LLC, "Goldman Sachs Asset Management") (10.40%), Oceanic Investment Management LTD (6.32%), Fairview Capital Investment Management LLC (5.72%), FMR LLC (5.39%), Advisory Research Inc. (0.86%) and Alyeska Investment Group L.P. (0.86%).

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 Oceanic Investment Management LTD.

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

Hoegh LNG Partners LP's stock was acquired by a variety of institutional investors in the last quarter, including Fairview Capital Investment Management LLC, FMR LLC, Advisory Research Inc., Alyeska Investment Group L.P. and Renaissance Technologies LLC.

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.

How much does a share of Hoegh LNG Partners LP stock cost?

One share of Hoegh LNG Partners LP stock can currently be purchased for approximately $19.35.

Hoegh LNG Partners LP (NASDAQ:HMLP) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Hoegh LNG Partners LP (NASDAQ:HMLP)

Earnings History Chart

Earnings by Quarter for Hoegh LNG Partners LP (NASDAQ:HMLP)

Dividend History Chart

Dividend Payments by Quarter for Hoegh LNG Partners LP (NASDAQ:HMLP)

Last Updated on 2/20/2017 by MarketBeat.com Staff