Höegh LNG Partners - HMLP Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Höegh LNG Partners in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities 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 Wall Street research analysts have issued 1 year price objectives for Höegh LNG Partners' stock. Their HMLP share price forecasts range from $4.25 to $9.50. On average, they expect the company's share price to reach $7.67 in the next twelve months. This suggests that the stock has a possible downside of 16.2%.
View analysts price targets for HMLP or view top-rated stocks among Wall Street analysts.

Höegh LNG Partners' stock was trading at $4.32 at the beginning of 2022. Since then, HMLP shares have increased by 111.8% and is now trading at $9.15.
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Höegh LNG Partners 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) announced its earnings results on Wednesday, May, 25th. The shipping company reported $0.35 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 net margin of 39.72% and a trailing twelve-month return on equity of 13.49%. During the same period in the previous year, the company posted $0.38 earnings per share.

Höegh LNG Partners announced 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 dividend on an annualized basis 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 institutional and retail investors. Top institutional investors include Keebeck Alpha LP (0.50%), Belvedere Trading LLC (0.12%) 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 $9.15.

Höegh LNG Partners (NYSE:HMLP) has a market capitalization of $305.36 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 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.