GasLog Partners (GLOP) Stock Forecast, Price & News

GasLog Partners LP (NYSE:GLOP) released its earnings results on Wednesday, October, 27th. The shipping company reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.01. The shipping company had revenue of $80.54 million for the quarter, compared to analyst estimates of $78.94 million. GasLog Partners had a net margin of 29.49% and a trailing twelve-month return on equity of 21.63%. During the same period last year, the company posted $0.11 EPS.

GasLog Partners announced a quarterly dividend on Monday, July 3rd. Stockholders of record on Monday, July 10th will be given a dividend of $3.28 per share on Wednesday, July 12th. This represents a $13.12 dividend on an annualized basis and a dividend yield of 164.00%. The ex-dividend date is Thursday, July 13th. This is a positive change from the stock's previous quarterly dividend of $0.43.
Read our dividend analysis for GLOP.

GasLog Partners (NYSE:GLOP) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.46%. The dividend payout ratio is 2.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GLOP will have a dividend payout ratio of 2.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GLOP.

Based on aggregate information from My MarketBeat watchlists, some companies that other GasLog Partners investors own include Energy Transfer (ET), New Residential Investment (NRZ), Golar LNG Partners (GMLP), Höegh LNG Partners (HMLP), Enterprise Products Partners (EPD), AT&T (T), NGL Energy Partners (NGL), Ares Capital (ARCC), KNOT Offshore Partners (KNOP) and Dynagas LNG Partners (DLNG).

GasLog Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "GLOP."

One share of GLOP stock can currently be purchased for approximately $8.00.

GasLog Partners (NYSE:GLOP) has a market capitalization of $432.08 million and generates $371.03 million in revenue each year. The shipping company earns $118.99 million in net income (profit) each year or $1.77 on an earnings per share basis.

The company employs 2,020 workers across the globe.

GasLog Partners' mailing address is Gildo Pastor Center 7 Rue du Gabian, Monaco O9, MC98000. The official website for the company is www.gaslogmlp.com. The shipping company can be reached via phone at 302104591000, via email at ir@gaslogmlp.com, or via fax at 30 210 459 1242.