Höegh LNG Partners Stock Forecast, Price & News

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.

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.
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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.

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.

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.
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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.

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.

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%.
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Some companies that are related to Höegh LNG Partners include Golden Ocean Group (GOGL), Golar LNG (GLNG), Teekay LNG Partners (TGP), FLEX LNG (FLNG), KNOT Offshore Partners (KNOP), International Seaways (INSW), GasLog (GLOG), Tidewater (TDW), Nordic American Tankers (NAT), Teekay Tankers (TNK), GasLog Partners (GLOP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX), EuroDry (EDRY) and Caspian Services (CSSV).
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 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%).

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.

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.

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 $17.95.

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.

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

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

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]