Höegh LNG Partners Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Höegh LNG Partners in the last year. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Höegh LNG Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HMLP, but not buy additional shares or sell existing shares.
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4 brokerages have issued 1-year price objectives for Höegh LNG Partners' shares. Their HMLP stock forecasts range from $4.25 to $10.00. On average, they expect Höegh LNG Partners' stock price to reach $8.25 in the next twelve months. This suggests that the stock has a possible downside of 8.0%.
View analysts' price targets for Höegh LNG Partners or view top-rated stocks among Wall Street analysts.

Höegh LNG Partners' stock was trading at $4.32 on January 1st, 2022. Since then, HMLP stock has increased by 107.6% and is now trading at $8.97.
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Höegh LNG Partners saw a increase in short interest in May. As of May 31st, there was short interest totaling 81,400 shares, an increase of 24.5% from the May 15th total of 65,400 shares. Based on an average daily volume of 373,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.5% of the company's stock are sold short.
View Höegh LNG Partners' Short Interest.

Höegh LNG Partners is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our earnings forecast for Höegh LNG Partners.

Höegh LNG Partners LP (NYSE:HMLP) posted its earnings results on Wednesday, May, 25th. The shipping company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by $0.05. The shipping company had revenue of $35.31 million for the quarter, compared to analysts' expectations of $34.74 million. Höegh LNG Partners had a trailing twelve-month return on equity of 13.49% and a net margin of 39.72%. During the same quarter in the previous year, the business earned $0.38 EPS.
View Höegh LNG Partners' earnings history.

Höegh LNG Partners declared a quarterly dividend on Friday, April 22nd. Stockholders of record on Monday, May 2nd will be given a dividend of $0.01 per share on Friday, May 13th. This represents a $0.04 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend is Friday, April 29th.
View Höegh LNG Partners' dividend history.

Höegh LNG Partners(NYSE:HMLP) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.45%. The dividend payout ratio of Höegh LNG Partners is 3.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Höegh LNG Partners will have a dividend payout ratio of 2.35% next year. This indicates that Höegh LNG Partners will be able to sustain or increase its dividend.
View Höegh LNG Partners' dividend history.

Some companies that are related to Höegh LNG Partners include International Seaways (INSW), Tidewater (TDW), Teekay Tankers (TNK), KNOT Offshore Partners (KNOP), Nordic American Tankers (NAT), GasLog Partners (GLOP), Dynagas LNG Partners (DLNG), EuroDry (EDRY), Odyssey Marine Exploration (OMEX), Caspian Services (CSSV), Hornbeck Offshore Services (HOSSQ), Royal Olympic Cruise Lines (ROCLF) and Seahawk Deep Ocean Technology (SHWK).
View all of HMLP's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Höegh LNG Partners investors own include Energy Transfer (ET), NGL Energy Partners (NGL), Enterprise Products Partners (EPD), Annaly Capital Management (NLY), AT&T (T), GasLog Partners (GLOP), New Residential Investment (NRZ), Chimera Investment (CIM), Ares Capital (ARCC) and Alliance Resource Partners (ARLP).

Höegh LNG Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "HMLP."

Höegh LNG Partners' stock is owned by many different institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (2.78%), Renaissance Technologies LLC (2.12%), Prescott Group Capital Management L.L.C. (1.65%), Verition Fund Management LLC (0.84%), Verition Fund Management LLC (0.84%) and Citigroup Inc. (0.82%).

HMLP stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, GSA Capital Partners LLP, Maven Securities LTD, HAP Trading LLC, Simplex Trading LLC, and Virtu Financial LLC.

HMLP stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Prescott Group Capital Management L.L.C., Citigroup Inc., Verition Fund Management LLC, Verition Fund Management LLC, Privium Fund Management UK Ltd, Belvedere Trading LLC, and National Bank of Canada FI.

Shares of HMLP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HMLP stock can currently be purchased for approximately $8.97.

Höegh LNG Partners (NYSE:HMLP) has a market capitalization of $299.36 million and generates $141.26 million in revenue each year. The shipping company earns $59.99 million in net income (profit) each year or $1.22 on an earnings per share basis.

Höegh LNG Partners employs 2,020 workers across the globe.

Höegh LNG Partners' mailing address is 45 Reid Street Wessex House 5th Floor, HAMILTON D0, HM 12. The official website for Höegh LNG Partners is www.hoeghlngpartners.com. The shipping company can be reached via phone at 441-295-6815, via email at [email protected], or via fax at 441-295-6101.