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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Water transportation
Sub-IndustryN/A
SectorTransportation
Current SymbolNYSE:HMLP
Previous Symbol
CUSIPN/A
Phone441-295-6815
Debt
Debt-to-Equity Ratio1.06
Current Ratio0.84
Quick Ratio0.83
Price-To-Earnings
Trailing P/E Ratio12.56
Forward P/E Ratio10.54
P/E Growth0.75
Sales & Book Value
Annual Sales$143.53 million
Price / Sales3.94
Cash Flow$2.0165 per share
Price / Cash Flow8.47
Book Value$10.92 per share
Price / Book1.56
Profitability
EPS (Most Recent Fiscal Year)$1.36
Net Income$48.78 million
Net Margins58.03%
Return on Equity19.95%
Return on Assets7.08%
Miscellaneous
EmployeesN/A
Outstanding Shares33,080,000
Market Cap$573.35 million
OptionableNot Optionable
Hoegh LNG Partners (NYSE:HMLP) Frequently Asked Questions
What is Hoegh LNG Partners' stock symbol?
Hoegh LNG Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "HMLP."
How often does Hoegh LNG Partners pay dividends? What is the dividend yield for Hoegh LNG Partners?
Hoegh LNG Partners announced a quarterly dividend on Thursday, October 18th. Shareholders of record on Thursday, November 1st will be paid a dividend of $0.44 per share on Wednesday, November 14th. This represents a $1.76 annualized dividend and a yield of 10.30%. The ex-dividend date of this dividend is Wednesday, October 31st. View Hoegh LNG Partners' Dividend History.
How were Hoegh LNG Partners' earnings last quarter?
Hoegh LNG Partners LP (NYSE:HMLP) announced its quarterly earnings data on Thursday, November, 29th. The shipping company reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.43 by $0.08. The shipping company had revenue of $37.30 million for the quarter, compared to analyst estimates of $37.49 million. Hoegh LNG Partners had a net margin of 58.03% and a return on equity of 19.95%. The company's revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.09 earnings per share. View Hoegh LNG Partners' Earnings History.
When is Hoegh LNG Partners' next earnings date?
What price target have analysts set for HMLP?
7 analysts have issued twelve-month price targets for Hoegh LNG Partners' stock. Their forecasts range from $19.00 to $21.00. On average, they anticipate Hoegh LNG Partners' stock price to reach $19.80 in the next year. This suggests a possible upside of 15.9% from the stock's current price. View Analyst Price Targets for Hoegh LNG Partners.
What is the consensus analysts' recommendation for Hoegh LNG Partners?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hoegh LNG Partners in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hoegh LNG Partners.
Has Hoegh LNG Partners been receiving favorable news coverage?
News headlines about HMLP stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hoegh LNG Partners earned a news sentiment score of 0.7 on InfoTrie's scale. They also gave headlines about the shipping company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the company's share price in the next several days.
Who are some of Hoegh LNG Partners' key competitors?
Some companies that are related to Hoegh LNG Partners include GasLog (GLOG), Matson (MATX), Teekay Lng Partners (TGP), Golden Ocean Group (GOGL), GasLog Partners LP Unit (GLOP), Golar LNG Partners (GMLP), KNOT Offshore Partners (KNOP), Teekay Offshore Partners (TOO), Tidewater (TDW), International Seaways (INSW), Nordic American Tanker (NAT), Teekay Tankers (TNK), Dynagas LNG Partners (DLNG), Hornbeck Offshore Services (HOS) and Odyssey Marine Exploration (OMEX).
Who are Hoegh LNG Partners' key executives?
Hoegh LNG Partners' management team includes the folowing people:
- Mr. Steffen Føreid, CEO & CFO (Age 50)
Who are Hoegh LNG Partners' major shareholders?
Hoegh LNG Partners' stock is owned by many different of retail and institutional investors. Top institutional investors include Kayne Anderson Capital Advisors LP (4.02%), Clearbridge Investments LLC (2.56%), Huber Capital Management LLC (2.35%), Renaissance Technologies LLC (1.66%), Bramshill Investments LLC (0.19%) and Nwam LLC (0.18%).
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, Clearbridge Investments LLC, GSA Capital Partners LLP, PNC Financial Services Group Inc., Kayne Anderson Capital Advisors LP and Nwam LLC.
Which institutional investors are buying Hoegh LNG Partners stock?
HMLP stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dynamic Technology Lab Private Ltd, Citadel Advisors LLC, Bramshill Investments LLC, Acadian Asset Management LLC, Bell Rock Capital LLC and Engineers Gate Manager LP.
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, Scottrade, Fidelity and Charles Schwab.
What is Hoegh LNG Partners' stock price today?
One share of HMLP stock can currently be purchased for approximately $17.08.
How big of a company is Hoegh LNG Partners?
Hoegh LNG Partners has a market capitalization of $573.35 million and generates $143.53 million in revenue each year. The shipping company earns $48.78 million in net income (profit) each year or $1.36 on an earnings per share basis.
What is Hoegh LNG Partners' official website?
How can I contact Hoegh LNG Partners?
Hoegh LNG Partners' mailing address is 45 Reid Street Wessex House 5th Floor, Hamilton D0, EC3N 1LS. The shipping company can be reached via phone at 441-295-6815 or via email at [email protected]
MarketBeat Community Rating for Hoegh LNG Partners (NYSE HMLP)
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.
