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. Investors of record on Monday, February 10th will be given a dividend of $0.525 per share on Friday, February 14th. This represents a $2.10 annualized dividend and a dividend yield of 11.19%. The ex-dividend date 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) released its quarterly earnings data on Thursday, November, 7th. The energy company reported $0.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.54. The energy company had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.32 billion. Global Partners had a net margin of 0.69% and a return on equity of 24.25%. 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 equities research analysts have issued 1 year price objectives for Global Partners' stock. Their forecasts range from $18.00 to $21.00. On average, they expect Global Partners' stock price to reach $19.67 in the next year. This suggests a possible upside of 4.8% 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 trended neutral recently, according to InfoTrie. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Global Partners earned a daily sentiment score of 0.4 on InfoTrie's scale. They also gave media coverage about the energy company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Global Partners.

Global Partners saw a increase in short interest in 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 daily volume of 102,000 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company's shares are short sold. View Global Partners' Current Options Chain.

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

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 a variety of of institutional and retail investors. Top institutional shareholders 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 bought 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 $18.76.

Global Partners has a market capitalization of $637.75 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]