Höegh LNG Partners - HMLP Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Höegh LNG Partners in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HMLP shares. 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 HMLP analyst ratings or view top-rated stocks.

3 brokers have issued twelve-month price targets for Höegh LNG Partners' shares. Their HMLP share price forecasts range from $4.25 to $9.50. On average, they predict the company's share price to reach $7.67 in the next year. This suggests that the stock has a possible downside of 16.4%.
View analysts price targets for HMLP 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 shares have increased by 112.3% and is now trading at $9.17.
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Höegh LNG Partners saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 196,000 shares, an increase of 19.7% from the July 15th total of 163,700 shares. Based on an average daily volume of 296,400 shares, the days-to-cover ratio is presently 0.7 days. Currently, 1.1% of the shares of the stock are short sold.
View Höegh LNG Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our HMLP earnings forecast.

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 the consensus estimate of $0.40 by $0.05. The shipping company earned $35.31 million during 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 prior year, the firm earned $0.38 earnings per share.

Höegh LNG Partners declared a quarterly dividend on Thursday, July 21st. Investors of record on Monday, August 1st will be given a dividend of $0.01 per share on Friday, August 12th. This represents a $0.04 annualized dividend and a yield of 0.44%. The ex-dividend date is Friday, July 29th.
Read our dividend analysis for HMLP.

Höegh LNG Partners (NYSE:HMLP) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.44%. The dividend payout ratio is 3.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HMLP will have a dividend payout ratio of 2.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HMLP.

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 retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (3.16%), Keebeck Alpha LP (0.50%), Belvedere Trading LLC (0.12%), Group One Trading L.P. (0.00%) and Equitec Proprietary Markets LLC (0.00%).

Shares of HMLP stock 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 $9.17.

Höegh LNG Partners (NYSE:HMLP) has a market capitalization of $306.00 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.

The company 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 the company is www.hoeghlngpartners.com. The shipping company can be reached via phone at 441-295-6815, via email at ir@hoeghlngpartners.com, or via fax at 441-295-6101.