NYSE:HMLP Hoegh LNG Partners Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Hoegh LNG Partners LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $11.20 -0.60 (-5.08 %) (As of 09/21/2020 12:00 AM ET) Add Compare Share Today's Range$11.02Now: $11.20▼$11.6050-Day Range$10.03MA: $10.65▼$11.8252-Week Range$4.67Now: $11.20▼$17.28Volume117,494 shsAverage Volume239,639 shsMarket Capitalization$372.58 millionP/E Ratio6.96Dividend Yield14.92%Beta1.95 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media 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, 2018, it had a fleet of five FSRUs. Höegh LNG GP LLC is the general partner of the company. The company was founded in 2014 and is headquartered in Hamilton, Bermuda. Höegh LNG Partners LP is a subsidiary of Höegh LNG Holdings Ltd.Read More Beat the Market (BTM) Rank™ 2.0 Analyst's Opinion Consensus RatingHoegh LNG Partners has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.25, Hoegh LNG Partners has a forecasted upside of 18.3% from its current price of $11.20.Amount of Analyst CoverageHoegh LNG Partners has only been the subject of 2 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesHoegh LNG Partners has received 292 “outperform” votes. (Add your “outperform” vote.)Underperform VotesHoegh LNG Partners has received 405 “underperform” votes. (Add your “underperform” vote.)Community SentimentHoegh LNG Partners has received 58.11% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Hoegh LNG Partners and other stocks. Vote “Outperform” if you believe HMLP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe HMLP will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipHoegh LNG Partners is a leading dividend payer. It pays a dividend yield of 14.92%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHoegh LNG Partners has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Hoegh LNG Partners is 84.21%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Hoegh LNG Partners will have a dividend payout ratio of 119.73% in the coming year. This indicates that Hoegh LNG Partners may not be able to sustain their current dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hoegh LNG Partners insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 21.68% of the stock of Hoegh LNG Partners is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Hoegh LNG Partners are expected to decrease by -15.52% in the coming year, from $1.74 to $1.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hoegh LNG Partners is 6.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Hoegh LNG Partners is 6.96, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 18.78.Price to Earnings Growth RatioHoegh LNG Partners has a PEG Ratio of 1.24. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioHoegh LNG Partners has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.0Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.40 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Water transportation Sub-IndustryN/A SectorTransportation Current SymbolNYSE:HMLP Previous Symbol CUSIPN/A CIK1603016 Webwww.hoeghlngpartners.com Phone441-295-6815Debt Debt-to-Equity Ratio1.23 Current Ratio0.77 Quick Ratio0.77Price-To-Earnings Trailing P/E Ratio6.96 Forward P/E Ratio6.44 P/E Growth1.24 Sales & Book Value Annual Sales$145.44 million Price / Sales2.56 Cash Flow$2.44 per share Price / Cash Flow4.59 Book Value$10.13 per share Price / Book1.11Profitability EPS (Most Recent Fiscal Year)$2.09 Net Income$52.74 million Net Margins39.28% Return on Equity20.11% Return on Assets6.51%Miscellaneous EmployeesN/A Outstanding Shares33,266,000Market Cap$372.58 million Next Earnings Date11/19/2020 (Estimated) OptionableNot Optionable $11.20 -0.60 (-5.08 %) (As of 09/21/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive HMLP News and Ratings via Email Sign-up to receive the latest news and ratings for HMLP and its competitors with MarketBeat's FREE daily newsletter. Hoegh LNG Partners (NYSE:HMLP) Frequently Asked Questions How has Hoegh LNG Partners' stock price been impacted by COVID-19 (Coronavirus)? Hoegh LNG Partners' stock was trading at $9.19 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HMLP shares have increased by 21.9% and is now trading at $11.20. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Hoegh LNG Partners? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hoegh LNG Partners in the last year. There are currently 2 sell ratings, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Hoegh LNG Partners. When is Hoegh LNG Partners' next earnings date? Hoegh LNG Partners is scheduled to release its next quarterly earnings announcement on Thursday, November 19th 2020. View our earnings forecast for Hoegh LNG Partners. How were Hoegh LNG Partners' earnings last quarter? Hoegh LNG Partners LP (NYSE:HMLP) posted its quarterly earnings data on Thursday, August, 20th. The shipping company reported $0.50 EPS for the quarter, topping the Zacks' consensus estimate of $0.35 by $0.15. The shipping company earned $34.44 million during the quarter, compared to analysts' expectations of $35.46 million. Hoegh LNG Partners had a return on equity of 20.11% and a net margin of 39.28%. View Hoegh LNG Partners' earnings history. How often does Hoegh LNG Partners pay dividends? What is the dividend yield for Hoegh LNG Partners? Hoegh LNG Partners declared a quarterly dividend on Thursday, July 16th. Shareholders of record on Thursday, July 30th will be given a dividend of $0.44 per share on Friday, August 14th. This represents a $1.76 annualized dividend and a yield of 15.71%. The ex-dividend date is Wednesday, July 29th. View Hoegh LNG Partners' dividend history. What price target have analysts set for HMLP? 6 brokerages have issued 1-year price targets for Hoegh LNG Partners' shares. Their forecasts range from $10.00 to $17.00. On average, they expect Hoegh LNG Partners' share price to reach $13.25 in the next year. This suggests a possible upside of 18.3% from the stock's current price. View analysts' price targets for Hoegh LNG Partners. Are investors shorting Hoegh LNG Partners? Hoegh LNG Partners saw a increase in short interest in August. As of August 31st, there was short interest totaling 187,100 shares, an increase of 23.8% from the August 15th total of 151,100 shares. Based on an average daily volume of 140,500 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.1% of the company's stock are short sold. View Hoegh LNG Partners' Short Interest. Who are some of Hoegh LNG Partners' key competitors? Some companies that are related to Hoegh LNG Partners include Golar LNG (GLNG), Teekay Lng Partners (TGP), Nordic American Tanker (NAT), Golden Ocean Group (GOGL), International Seaways (INSW), KNOT Offshore Partners (KNOP), Teekay Tankers (TNK), GasLog (GLOG), Flex LNG (FLNG), Tidewater (TDW), GasLog Partners LP Unit (GLOP), Golar LNG Partners (GMLP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX) and EuroDry (EDRY). View all competitors. What other stocks do shareholders of Hoegh LNG Partners own? Based on aggregate information from My MarketBeat watchlists, some companies that other Hoegh LNG Partners investors own include Energy Transfer LP Unit (ET), NGL Energy Partners (NGL), AT&T (T), Enterprise Products Partners (EPD), ANNALY CAP MGMT/SH (NLY), GasLog Partners LP Unit (GLOP), New Residential Investment (NRZ), CHIMERA INVT CO/SH NEW (CIM), Ares Capital (ARCC) and Alliance Resource Partners (ARLP). Who are Hoegh LNG Partners' key executives? Hoegh LNG Partners' management team includes the following people: Mr. Steffen Føreid, CEO & CFO (Age 51) What is Hoegh LNG Partners' stock symbol? Hoegh LNG Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "HMLP." Who are Hoegh LNG Partners' major shareholders? Hoegh LNG Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FMR LLC (5.60%), Huber Capital Management LLC (0.83%), HighTower Advisors LLC (0.60%), Kayne Anderson Capital Advisors LP (0.37%), Taylor Frigon Capital Management LLC (0.28%) and Commonwealth Equity Services LLC (0.22%). Which institutional investors are selling Hoegh LNG Partners stock? HMLP stock was sold by a variety of institutional investors in the last quarter, including Huber Capital Management LLC, Kayne Anderson Capital Advisors LP, Western Standard LLC, Trustcore Financial Services LLC, and UBS Group AG. Which institutional investors are buying Hoegh LNG Partners stock? HMLP stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Taylor Frigon Capital Management LLC, Commonwealth Equity Services LLC, California Public Employees Retirement System, Bank of America Corp DE, Sigma Planning Corp, Stifel Financial Corp, and HighTower Advisors LLC. How do I buy shares of Hoegh 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Hoegh LNG Partners' stock price today? One share of HMLP stock can currently be purchased for approximately $11.20. How big of a company is Hoegh LNG Partners? Hoegh LNG Partners has a market capitalization of $372.58 million and generates $145.44 million in revenue each year. The shipping company earns $52.74 million in net income (profit) each year or $2.09 on an earnings per share basis. What is Hoegh LNG Partners' official website? The official website for Hoegh LNG Partners is www.hoeghlngpartners.com. How can I contact Hoegh LNG Partners? Hoegh 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 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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