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

$20.64
+0.29 (+1.43 %)
(As of 10/20/2019 04:00 PM ET)
Today's Range
$20.40
Now: $20.64
$20.74
50-Day Range
$18.59
MA: $19.53
$20.59
52-Week Range
$13.63
Now: $20.64
$21.62
Volume66,725 shs
Average Volume56,913 shs
Market Capitalization$701.55 million
P/E Ratio11.93
Dividend Yield10.12%
Beta0.89
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$5.23 per share
Book Value$12.71 per share

Profitability

Net Income$102.87 million

Miscellaneous

Employees2,500
Market Cap$701.55 million
Next Earnings Date11/14/2019 (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, July 26th. Shareholders 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 annualized dividend and a yield of 9.98%. The ex-dividend date is Thursday, August 8th. This is a boost from Global Partners's previous quarterly dividend of $0.51. View Global Partners' Dividend History.

How were Global Partners' earnings last quarter?

Global Partners LP (NYSE:GLP) issued its quarterly earnings data on Thursday, August, 8th. The energy company reported $0.36 earnings per share (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 return on equity of 14.37% and a net margin of 0.45%. 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, November 14th 2019. View Earnings Estimates for Global Partners.

What price target have analysts set for GLP?

1 analysts have issued 12 month price objectives for Global Partners' stock. Their forecasts range from $18.00 to $18.00. On average, they expect Global Partners' stock price to reach $18.00 in the next year. This suggests that the stock has a possible downside of 12.8%. 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?

News coverage about GLP stock has been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Global Partners earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave news 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 effect on the company's share price in the next several days. View News Stories for Global Partners.

Are investors shorting Global Partners?

Global Partners saw a drop in short interest in September. As of September 15th, there was short interest totalling 32,500 shares, a drop of 35.6% from the August 15th total of 50,500 shares. Based on an average trading volume of 69,400 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the company's shares are short sold. 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 a number of of retail and institutional investors. Top institutional shareholders include Spirit of America Management Corp NY (0.30%) and Crow Point Partners LLC (0.06%). 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 purchased by a variety of institutional investors in the last quarter, including Crow Point Partners 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 $20.64.

How big of a company is Global Partners?

Global Partners has a market capitalization of $701.55 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:  224 (Vote Outperform)
Underperform Votes:  361 (Vote Underperform)
Total Votes:  585
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 10/20/2019 by MarketBeat.com Staff

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