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Global Partners Stock Price, Forecast & Analysis (NYSE:GLP)

$20.40
+0.15 (+0.74 %)
(As of 11/15/2019 04:00 PM ET)
Today's Range
$20.20
Now: $20.40
$20.38
50-Day Range
$19.45
MA: $20.11
$20.68
52-Week Range
$13.63
Now: $20.40
$21.62
Volume50,304 shs
Average Volume114,172 shs
Market Capitalization$693.40 million
P/E Ratio11.79
Dividend Yield10.31%
Beta0.9
Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers in the New England states and New York. The company is also involved in the transportation of petroleum products and renewable fuels through rail from the mid-continent region of the United States and Canada. Read More…

Industry, Sector and Symbol

Industry Petroleum bulk stations & terminals
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone781-894-8800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.67 billion
Cash Flow$5.22 per share
Book Value$12.19 per share

Profitability

Net Income$102.87 million

Miscellaneous

Employees2,500
Market Cap$693.40 million
Next Earnings Date3/5/2020 (Estimated)
OptionableOptionable

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Global Partners (NYSE:GLP) Frequently Asked Questions

What is Global Partners' stock symbol?

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

How often does Global Partners pay dividends? What is the dividend yield for Global Partners?

Global Partners announced a quarterly dividend on Friday, October 25th. Stockholders of record on Friday, November 8th will be paid a dividend of $0.52 per share on Thursday, November 14th. This represents a $2.08 annualized dividend and a dividend yield of 10.20%. The ex-dividend date of this dividend is Thursday, November 7th. This is a boost from Global Partners's previous quarterly dividend of $0.52. View Global Partners' Dividend History.

How were Global Partners' earnings last quarter?

Global Partners LP (NYSE:GLP) announced its quarterly earnings results on Thursday, November, 7th. The energy company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.54. The energy company had revenue of $3.25 billion for the quarter, compared to analyst estimates 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.

When is Global Partners' next earnings date?

Global Partners is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Global Partners.

What price target have analysts set for GLP?

1 analysts have issued 1 year price targets for Global Partners' shares. Their forecasts range from $18.00 to $18.00. On average, they anticipate Global Partners' stock price to reach $18.00 in the next year. This suggests that the stock has a possible downside of 11.8%. View Analyst Price Targets for Global Partners.

What is the consensus analysts' recommendation for Global Partners?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Partners in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Global Partners.

Has Global Partners been receiving favorable news coverage?

Headlines about GLP stock have trended very positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Global Partners earned a news sentiment score of 3.1 on InfoTrie's scale. They also gave media stories about the energy company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Global Partners.

Are investors shorting Global Partners?

Global Partners saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 11,400 shares, a decline of 70.1% from the September 30th total of 38,100 shares. Based on an average daily trading volume, of 74,400 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company's shares are sold short. View Global Partners' Current Options Chain.

Who are some of Global Partners' key competitors?

What other stocks do shareholders of Global Partners own?

Who are Global Partners' key executives?

Global Partners' management team includes the folowing people:
  • Mr. Eric S. Slifka, Pres, CEO & Vice Chairman of Global GP LLC (Age 53)
  • Ms. Daphne H. Foster, CFO & Director of Global GP LLC (Age 61)
  • Mr. Mark A. Romaine, Chief Operating Officer of Global GP LLC (Age 50)
  • Mr. Matthew Spencer, Chief Accounting Officer of Global GP LLC (Age 42)
  • Mr. Edward J. Faneuil, Exec. VP, Gen. Counsel & Sec. of Global GP LLC (Age 66)

Who are Global Partners' major shareholders?

Global Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include Kayne Anderson Capital Advisors LP (6.93%), First Trust Advisors LP (0.95%), Spirit of America Management Corp NY (0.30%), California Public Employees Retirement System (0.11%), Moors & Cabot Inc. (0.09%) and Commonwealth Equity Services LLC (0.08%). View Institutional Ownership Trends for Global Partners.

Which major investors are selling Global Partners stock?

GLP stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY. View Insider Buying and Selling for Global Partners.

Which major investors are buying Global Partners stock?

GLP stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Kayne Anderson Capital Advisors LP, Essex Financial Services Inc., Moors & Cabot Inc., Crow Point Partners LLC, California Public Employees Retirement System, Commonwealth Equity Services LLC and Delta Investment Management LLC. View Insider Buying and Selling for Global Partners.

How do I buy shares of 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.

What is Global Partners' stock price today?

One share of GLP stock can currently be purchased for approximately $20.40.

How big of a company is Global Partners?

Global Partners has a market capitalization of $693.40 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.

What is Global Partners' official website?

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

How can I contact Global Partners?

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]


MarketBeat Community Rating for Global Partners (NYSE GLP)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  232 (Vote Outperform)
Underperform Votes:  374 (Vote Underperform)
Total Votes:  606
MarketBeat's community ratings are surveys of what our community members think about Global Partners and other stocks. Vote "Outperform" if you believe GLP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GLP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/16/2019 by MarketBeat.com Staff

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