NYSE:GLOP - GasLog Partners LP Unit Stock Price, Forecast & News

GasLog Partners LP Unit's stock was trading at $2.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GLOP shares have decreased by 16.4% and is now trading at $2.09. View which stocks have been mosted impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GasLog Partners LP Unit in the last year. There are currently 2 sell ratings and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for GasLog Partners LP Unit.

GasLog Partners LP Unit is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for GasLog Partners LP Unit.

GasLog Partners LP Unit (NYSE:GLOP) announced its quarterly earnings results on Thursday, February, 6th. The shipping company reported ($2.37) earnings per share for the quarter, missing analysts' consensus estimates of $0.49 by $2.86. The shipping company had revenue of $96.51 million for the quarter, compared to the consensus estimate of $96.73 million. GasLog Partners LP Unit had a negative net margin of 12.13% and a positive return on equity of 13.13%. The company's revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.30 earnings per share. View GasLog Partners LP Unit's earnings history.

GasLog Partners LP Unit declared a quarterly dividend on Friday, February 7th. Investors of record on Tuesday, February 18th will be given a dividend of $0.561 per share on Friday, February 21st. This represents a $2.24 dividend on an annualized basis and a yield of 107.37%. The ex-dividend date is Friday, February 14th. This is an increase from GasLog Partners LP Unit's previous quarterly dividend of $0.55. View GasLog Partners LP Unit's dividend history.

8 Wall Street analysts have issued twelve-month target prices for GasLog Partners LP Unit's shares. Their forecasts range from $6.00 to $22.00. On average, they expect GasLog Partners LP Unit's share price to reach $13.21 in the next twelve months. This suggests a possible upside of 532.3% from the stock's current price. View analysts' price targets for GasLog Partners LP Unit.

Media stories about GLOP stock have trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. GasLog Partners LP Unit earned a news impact score of -1.6 on InfoTrie's scale. They also assigned media stories about the shipping company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View the latest news aboutGasLog Partners LP Unit.

GasLog Partners LP Unit saw a decline in short interest in March. As of March 13th, there was short interest totaling 736,400 shares, a decline of 8.0% from the February 27th total of 800,100 shares. Based on an average trading volume of 828,100 shares, the short-interest ratio is presently 0.9 days. Approximately 2.1% of the company's shares are short sold. View GasLog Partners LP Unit's Current Options Chain.

Some companies that are related to GasLog Partners LP Unit include Golden Ocean Group (GOGL), KNOT Offshore Partners (KNOP), GasLog (GLOG), Tidewater (TDW), Golar LNG Partners (GMLP), Hoegh LNG Partners (HMLP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX), Hornbeck Offshore Services (HOS), EuroDry (EDRY) and Caspian Services (CSSV).

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

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

GasLog Partners LP Unit's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (8.60%), Kayne Anderson Capital Advisors LP (3.40%), Duff & Phelps Investment Management Co. (2.71%), Renaissance Technologies LLC (0.93%), First Trust Advisors LP (0.90%) and Cohen & Steers Inc. (0.59%).

GLOP stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Eagle Global Advisors LLC, FMR LLC, Altshuler Shaham Ltd, Cohen & Steers Inc., Russell Investments Group Ltd., Raymond James & Associates, and Royce & Associates LP.

GLOP stock was acquired by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., Renaissance Technologies LLC, First Trust Advisors LP, Marshall Wace LLP, Trexquant Investment LP, Aptus Capital Advisors LLC, Virtu Financial LLC, and Advisors Asset Management Inc..

Shares of GLOP 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 GLOP stock can currently be purchased for approximately $2.09.

GasLog Partners LP Unit has a market capitalization of $103.14 million and generates $378.69 million in revenue each year. The shipping company earns $-34,770,000.00 in net income (profit) each year or $1.82 on an earnings per share basis.  View additional information about GasLog Partners LP Unit.

The official website for GasLog Partners LP Unit is http://www.gaslogmlp.com/.

GasLog Partners LP Unit's mailing address is Gildo Pastor Center 7 Rue du Gabian, Monaco O9, MC98000. The shipping company can be reached via phone at 44-0-20-3388-3109 or via email at [email protected]