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

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

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.

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.

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

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.

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.

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.

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.

Some companies that are related to Global Partners include EXXARO RESOURCE/S (EXXAY), Black Stone Minerals (BSM), Magnolia Oil & Gas (MGY), World Fuel Services (INT), EQT (EQT), Genesis Energy (GEL), Crestwood Equity Partners (CEQP), Vermilion Energy (VET), Antero Midstream GP (AMGP), Rattler Midstream (RTLR), Holly Energy Partners (HEP), Kosmos Energy (KOS), Chesapeake Energy (CHK), Covanta (CVA) and Crescent Point Energy (CPG).

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), Centurylink (CTL), GasLog Partners LP Unit (GLOP), Hoegh LNG Partners (HMLP) and Macquarie Infrastructure (MIC).

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.

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.

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.

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 $20.64.

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.

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]