Höegh LNG Partners - HMLP Stock Forecast, Price & News

3 Wall Street 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 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.
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3 brokers have issued 1-year 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 stock price to reach $7.67 in the next year. This suggests that the stock has a possible downside of 17.0%.
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Höegh LNG Partners' stock was trading at $4.32 at the start of the year. Since then, HMLP stock has increased by 113.9% and is now trading at $9.24.
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Höegh LNG Partners LP (NYSE:HMLP) announced its earnings results on Thursday, November, 18th. The shipping company reported $0.40 earnings per share for the quarter, meeting the consensus estimate of $0.40. The shipping company earned $35.60 million during the quarter, compared to analysts' expectations of $35.38 million. Höegh LNG Partners had a trailing twelve-month return on equity of 15.38% and a net margin of 46.33%. During the same period in the prior year, the company earned $0.42 EPS.

Höegh LNG Partners announced a quarterly dividend on Thursday, July 21st. Investors of record on Monday, August 1st will be paid 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 0.43%. 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 0.43%. The dividend payout ratio is 2.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HMLP will have a dividend payout ratio of 3.03% 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 a number of retail and institutional investors. Top institutional shareholders include 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 $9.24.

Höegh LNG Partners (NYSE:HMLP) has a market capitalization of $308.37 million and generates $141.26 million in revenue each year. The shipping company earns $59.99 million in net income (profit) each year or $1.54 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.