NYSE:GLP - Global Partners Stock Price, Forecast & News

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

Global Partners announced a quarterly dividend on Tuesday, January 28th. Stockholders of record on Monday, February 10th will be paid a dividend of $0.525 per share on Friday, February 14th. This represents a $2.10 annualized dividend and a dividend yield of 10.98%. The ex-dividend date of this dividend is Friday, February 7th. This is a positive change from Global Partners's previous quarterly dividend of $0.52. View Global Partners' Dividend History.

Global Partners LP (NYSE:GLP) posted its quarterly earnings results on Thursday, November, 7th. The energy company reported $0.74 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.54. The energy company earned $3.25 billion during the quarter, compared to analysts' expectations of $3.32 billion. Global Partners had a return on equity of 24.25% and a net margin of 0.69%. View Global Partners' Earnings History.

Global Partners is scheduled to release their next quarterly earnings announcement on Friday, March 6th 2020. View Earnings Estimates for Global Partners.

Global Partners will be holding an earnings conference call on Friday, March 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 Wall Street analysts have issued 12-month price targets for Global Partners' shares. Their forecasts range from $18.00 to $21.00. On average, they anticipate Global Partners' stock price to reach $19.67 in the next twelve months. This suggests a possible upside of 2.9% from the stock's current price. View Analyst Price Targets for Global Partners.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Partners in the last year. There are currently 3 sell ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Global Partners.

Media stories about GLP stock have been trending extremely negative recently, InfoTrie reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news 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. Global Partners earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave media stories about the energy company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Global Partners.

Global Partners saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 16,600 shares, an increase of 26.7% from the January 15th total of 13,100 shares. Based on an average trading volume of 102,000 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company's stock are short sold. View Global Partners' Current Options Chain.

Some companies that are related to Global Partners include World Fuel Services (INT), Sunrun (RUN), Magnolia Oil & Gas (MGY), Holly Energy Partners (HEP), Rattler Midstream (RTLR), CGG (CGGYY), Genesis Energy (GEL), Cactus (WHD), Vermilion Energy (VET), EnLink Midstream (ENLC), Antero Midstream (AM), Kosmos Energy (KOS), Delek US (DK), Black Stone Minerals (BSM) and Covanta (CVA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Global Partners investors own include Energy Transfer LP Unit (ET), AT&T (T), NGL Energy Partners (NGL), Ares Capital (ARCC), New Residential Investment (NRZ), Enterprise Products Partners (EPD), GasLog Partners LP Unit (GLOP), Golar LNG Partners (GMLP), Macquarie Infrastructure (MIC) and Alliance Resource Partners (ARLP).

Global Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include Kayne Anderson Capital Advisors LP (6.87%), First Trust Advisors LP (0.87%), Spirit of America Management Corp NY (0.28%), Marshall Wace LLP (0.26%), Bank of America Corp DE (0.24%) and Russell Investments Group Ltd. (0.23%). View Institutional Ownership Trends for Global Partners.

GLP stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, First Trust Advisors LP, Kayne Anderson Capital Advisors LP, Spirit of America Management Corp NY, Cetera Advisor Networks LLC and Raymond James & Associates. View Insider Buying and Selling for Global Partners.

GLP stock was acquired by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Russell Investments Group Ltd., Goldman Sachs Group Inc., Citigroup Inc., Stifel Financial Corp, Greenwich Investment Management Inc., UBS Group AG and California Public Employees Retirement System. View Insider Buying and Selling for Global Partners.

Shares of GLP 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 GLP stock can currently be purchased for approximately $19.12.

Global Partners has a market capitalization of $649.89 million and generates $12.67 billion in revenue each year. The energy company earns $102.87 million in net income (profit) each year or $1.73 on an earnings per share basis. Global Partners employs 2,500 workers across the globe.View Additional Information About Global Partners.

The official website for Global Partners is http://www.globalp.com/.

Global Partners' mailing address is P.O. BOX 9161 800 SOUTH STREET, WALTHAM MA, 02454. The energy company can be reached via phone at 781-894-8800 or via email at [email protected]