NYSE:GLOPGasLog Partners LP Unit Stock Price, Forecast & News

GasLog Partners LP Unit's stock was trading at $2.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GLOP shares have increased by 113.6% and is now trading at $5.34. View which stocks have been most impacted by Coronavirus.

9 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 7 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, July 23rd 2020. View our earnings forecast for GasLog Partners LP Unit.

GasLog Partners LP Unit (NYSE:GLOP) released its quarterly earnings results on Thursday, May, 7th. The shipping company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.09. The shipping company earned $91.35 million during the quarter, compared to the consensus estimate of $83.79 million. GasLog Partners LP Unit had a positive return on equity of 13.15% and a negative net margin of 13.61%. View GasLog Partners LP Unit's earnings history.

GasLog Partners LP Unit declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Monday, May 18th will be paid a dividend of $0.125 per share on Thursday, May 21st. This represents a $0.50 dividend on an annualized basis and a yield of 9.36%. The ex-dividend date of this dividend is Friday, May 15th. View GasLog Partners LP Unit's dividend history.

9 Wall Street analysts have issued 12 month price objectives for GasLog Partners LP Unit's shares. Their forecasts range from $6.00 to $22.00. On average, they anticipate GasLog Partners LP Unit's share price to reach $9.36 in the next twelve months. This suggests a possible upside of 75.2% from the stock's current price. View analysts' price targets for GasLog Partners LP Unit.

Media coverage about GLOP stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. GasLog Partners LP Unit earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned news coverage about the shipping company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the company's share price in the near future. View the latest news aboutGasLog Partners LP Unit.

GasLog Partners LP Unit saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,040,000 shares, an increase of 277.6% from the April 30th total of 540,300 shares. Based on an average daily trading volume, of 1,310,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 6.3% of the company's shares are sold short. View GasLog Partners LP Unit's Current Options Chain.

Some companies that are related to GasLog Partners LP Unit include Teekay Lng Partners (TGP), Golar LNG (GLNG), Nordic American Tanker (NAT), International Seaways (INSW), Teekay Tankers (TNK), Golden Ocean Group (GOGL), KNOT Offshore Partners (KNOP), Hoegh LNG Partners (HMLP), GasLog (GLOG), Tidewater (TDW), Golar LNG Partners (GMLP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX), Hornbeck Offshore Services (HOS) and EuroDry (EDRY). View all competitors.

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), Hoegh LNG Partners (HMLP), AT&T (T), Enterprise Products Partners (EPD), NGL Energy Partners (NGL), Ares Capital (ARCC), KNOT Offshore Partners (KNOP) and Dynagas LNG Partners (DLNG).

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 number of retail and institutional investors. Top institutional shareholders include Invesco Ltd. (4.92%), Morgan Stanley (2.57%), Morgan Stanley (2.57%), First Trust Advisors LP (0.87%), Deutsche Bank AG (0.54%) and Two Sigma Investments LP (0.50%).

GLOP stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Wells Fargo & Company MN, Invesco Ltd., First Trust Advisors LP, UBS Group AG, and Janney Montgomery Scott LLC.

GLOP stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Two Sigma Investments LP, Deutsche Bank AG, Two Sigma Advisers LP, F&V Capital Management LLC, Regent Investment Management LLC, and BlackRock 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 $5.34.

GasLog Partners LP Unit has a market capitalization of $263.53 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.

The official website for GasLog Partners LP Unit is 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]