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

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

Global Partners declared a quarterly dividend on Friday, July 26th. Stockholders of record on Friday, August 9th will be paid a dividend of $0.515 per share on Wednesday, August 14th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 10.71%. The ex-dividend date of this dividend is Thursday, August 8th. This is a boost from Global Partners's previous quarterly dividend of $0.51. View Global Partners' Dividend History.

Global Partners LP (NYSE:GLP) posted its earnings results on Thursday, August, 8th. The energy company reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.08 by $0.28. The energy company had revenue of $3.51 billion for the quarter, compared to analyst estimates of $2.98 billion. Global Partners had a net margin of 0.45% and a return on equity of 14.37%. View Global Partners' Earnings History.

Global Partners is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Global Partners.

2 equities research analysts have issued twelve-month target prices for Global Partners' stock. Their predictions range from $18.00 to $20.00. On average, they anticipate Global Partners' share price to reach $19.00 in the next twelve months. This suggests that the stock has a possible downside of 1.2%. View Analyst Price Targets for Global Partners.

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

Media coverage about GLP stock has been trending negative on Sunday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Global Partners earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave news coverage about the energy company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Global Partners.

Global Partners saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 61,400 shares, an increase of 16.3% from the June 30th total of 52,800 shares. Based on an average daily trading volume, of 87,900 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the shares of the company are sold short. View Global Partners' Current Options Chain.

Some companies that are related to Global Partners include PBF Energy (PBF), Kosmos Energy (KOS), Genesis Energy (GEL), World Fuel Services (INT), New Fortress Energy (NFE), Transocean (RIG), Crestwood Equity Partners (CEQP), Antero Midstream GP (AMGP), Delek US (DK), Vermilion Energy (VET), Chesapeake Energy (CHK), Covanta (CVA), Peabody Energy (BTU), Cactus (WHD) and Alliance Resource Partners (ARLP).

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), Centurylink (CTL), Hoegh LNG Partners (HMLP) and Ladder Capital (LADR).

Global Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include Invesco Ltd. (17.11%), Morgan Stanley (7.01%), Kayne Anderson Capital Advisors LP (6.89%), First Trust Advisors LP (0.87%), Royal Bank of Canada (0.72%) and Bank of America Corp DE (0.42%). View Institutional Ownership Trends for Global Partners.

GLP stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Texas Yale Capital Corp., Bank of America Corp DE, Albert D Mason Inc., GSA Capital Partners LLP and Royal Bank of Canada. View Insider Buying and Selling for Global Partners.

GLP stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Kayne Anderson Capital Advisors LP, Cetera Advisor Networks LLC, Arrow Investment Advisors LLC, First Trust Advisors LP, Advantage Investment Management LLC, HighTower Advisors LLC and Delta Investment Management LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of GLP stock can currently be purchased for approximately $19.23.

Global Partners has a market capitalization of $653.82 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]