NYSE:HMLP

Höegh LNG Partners Stock Forecast, Price & News

$17.95
+0.03 (+0.17 %)
(As of 06/24/2021 12:00 AM ET)
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Today's Range
$17.80
$18.00
50-Day Range
$15.40
$17.95
52-Week Range
$9.11
$18.10
Volume49,469 shs
Average Volume172,990 shs
Market Capitalization$597.88 million
P/E Ratio8.71
Dividend Yield9.82%
Beta1.83
30 days | 90 days | 365 days | Advanced Chart
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Höegh LNG Partners logo

About Höegh LNG Partners

Höegh LNG Partners LP focuses on owning, operating, and acquiring floating storage and regasification units (FSRUs), liquefied natural gas (LNG) carriers, and other LNG infrastructure assets under long-term charters. The company also offers ship management services. As of March 31, 2021, it had a fleet of five FSRUs. Höegh LNG GP LLC is the general partner of the company. The company was incorporated in 2014 and is headquartered in Hamilton, Bermuda. Höegh LNG Partners LP is a subsidiary of Höegh LNG Holdings Ltd.

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MarketRank

Overall MarketRank

1.20 out of 5 stars

Transportation Sector

112th out of 248 stocks

Water Transportation Industry

15th out of 29 stocks

Analyst Opinion: 1.0Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
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Höegh LNG Partners (NYSE:HMLP) Frequently Asked Questions

Is Höegh LNG Partners a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Höegh LNG Partners in the last year. There are currently 2 sell ratings, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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.
View analyst ratings for Höegh LNG Partners
or view top-rated stocks.

What stocks does MarketBeat like better than Höegh LNG Partners?

Wall Street analysts have given Höegh LNG Partners a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Höegh LNG Partners wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Höegh LNG Partners' next earnings date?

Höegh LNG Partners is scheduled to release its next quarterly earnings announcement on Thursday, August 19th 2021.
View our earnings forecast for Höegh LNG Partners
.

How were Höegh LNG Partners' earnings last quarter?

Höegh LNG Partners LP (NYSE:HMLP) posted its earnings results on Wednesday, May, 26th. The shipping company reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.21. The shipping company earned $34.78 million during the quarter, compared to the consensus estimate of $35.70 million. Höegh LNG Partners had a trailing twelve-month return on equity of 21.32% and a net margin of 57.73%.
View Höegh LNG Partners' earnings history
.

How has Höegh LNG Partners' stock been impacted by Coronavirus (COVID-19)?

Höegh LNG Partners' stock was trading at $9.19 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HMLP stock has increased by 95.3% and is now trading at $17.95.
View which stocks have been most impacted by COVID-19
.

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

Höegh LNG Partners declared a quarterly dividend on Thursday, April 22nd. Stockholders of record on Thursday, May 6th will be paid a dividend of $0.44 per share on Friday, May 14th. This represents a $1.76 dividend on an annualized basis and a yield of 9.81%. The ex-dividend date of this dividend is Wednesday, May 5th.
View Höegh LNG Partners' dividend history
.

Is Höegh LNG Partners a good dividend stock?

Höegh LNG Partners pays an annual dividend of $1.76 per share and currently has a dividend yield of 9.82%. HMLP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Höegh LNG Partners does not yet have a strong track record of dividend growth. The dividend payout ratio of Höegh LNG Partners is 101.15%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Höegh LNG Partners will have a dividend payout ratio of 113.55% in the coming year. This indicates that Höegh LNG Partners may not be able to sustain their current dividend.
View Höegh LNG Partners' dividend history.

What price target have analysts set for HMLP?

6 Wall Street analysts have issued 12-month price targets for Höegh LNG Partners' shares. Their forecasts range from $10.00 to $16.00. On average, they expect Höegh LNG Partners' share price to reach $14.25 in the next year. This suggests that the stock has a possible downside of 20.6%.
View analysts' price targets for Höegh LNG Partners
or view top-rated stocks among Wall Street analysts.

Who are Höegh LNG Partners' key executives?

Höegh LNG Partners' management team includes the following people:
  • Mr. Sveinung J. S. Stohle, CEO & Director (Age 63)
  • Mr. Havard Furu, Chief Financial Officer (Age 47)

Who are some of Höegh LNG Partners' key competitors?

What other stocks do shareholders of Höegh LNG Partners own?

What is Höegh LNG Partners' stock symbol?

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

Who are Höegh LNG Partners' major shareholders?

Höegh LNG Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (2.54%), Mirae Asset Global Investments Co. Ltd. (1.61%), Morgan Stanley (0.91%), Arrowstreet Capital Limited Partnership (0.44%), Bramshill Investments LLC (0.44%) and HRT Financial LP (0.27%).

Which major investors are selling Höegh LNG Partners stock?

HMLP stock was sold by a variety of institutional investors in the last quarter, including Nwam LLC, Commonwealth Equity Services LLC, Arrowstreet Capital Limited Partnership, Sigma Planning Corp, Ameriprise Financial Inc., and Royal Bank of Canada.

Which major investors are buying Höegh LNG Partners stock?

HMLP stock was acquired by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., Renaissance Technologies LLC, Bank of Montreal Can, HRT Financial LP, Millennium Management LLC, Ergoteles LLC, Sowell Financial Services LLC, and Citadel Advisors LLC.

How do I buy shares of Höegh LNG Partners?

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.
Compare Top Brokerages Here.

What is Höegh LNG Partners' stock price today?

One share of HMLP stock can currently be purchased for approximately $17.95.

How much money does Höegh LNG Partners make?

Höegh LNG Partners has a market capitalization of $597.88 million and generates $143.10 million in revenue each year. The shipping company earns $63.15 million in net income (profit) each year or $1.74 on an earnings per share basis.

What is Höegh LNG Partners' official website?

The official website for Höegh LNG Partners is www.hoeghlngpartners.com.

Where are Höegh LNG Partners' headquarters?

Höegh LNG Partners is headquartered at 45 Reid Street Wessex House 5th Floor, HAMILTON D0, HM 12.

How can I contact Höegh LNG Partners?

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


This page was last updated on 6/25/2021 by MarketBeat.com Staff
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