About Hoegh LNG Partners LP (NYSE:HMLP)
Hoegh LNG Partners LP owns, operates and acquires floating storage and regasification units (FSRUs), liquefied natural gas (LNG) carriers and other LNG infrastructure assets under long-term charters. The Company's segments include Majority held FSRUs, Joint venture FSRUs and other. The Majority held FSRUs segment includes the direct financing lease related to the PT Perusahaan Gas Negara (Persero) Tbk (PGN) FSRU Lampung and the operating lease related to the Hoegh Gallant. The Joint venture FSRUs segment includes approximately two FSRUs, including the GDF Suez LNG Supply S.A. (GDF Suez) Neptune and the GDF Suez Cape Ann, which operate under long term time charters. The Company intends to acquire newbuilding FSRUs on long-term charters, rather than FSRUs based on retrofitted, first-generation LNG carriers. The PGN FSRU Lampung is located offshore in the Lampung province at the southeast coast of Sumatra, Indonesia.
Industry, Sector and Symbol:
- Debt-to-Equity Ratio: 1.01%
- Current Ratio: 0.64%
- Quick Ratio: 0.63%
Sales & Book Value:
- Trailing P/E Ratio: 16.37
- Forward P/E Ratio: 13.50
- P/E Growth: 0.71
- Annual Sales: $91.11 million
- Price / Sales: 3.81
- Cash Flow: $2.38 per share
- Price / Cash: 7.38
- Book Value: $19.03 per share
- Price / Book: 0.92
- Annual Dividend: $1.72
- Dividend Yield: 9.9%
- Trailing EPS: $2.46
- Net Income: $41.37 million
- Net Margins: 38.90%
- Return on Equity: 7.77%
- Return on Assets: 3.30%
- Employees: 260
- Outstanding Shares: 19,760,000
Frequently Asked Questions for Hoegh LNG Partners LP (NYSE:HMLP)
What is Hoegh LNG Partners LP's stock symbol?
Hoegh LNG Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "HMLP."
How often does Hoegh LNG Partners LP pay dividends? What is the dividend yield for Hoegh LNG Partners LP?
Hoegh LNG Partners LP declared a quarterly dividend on Friday, October 20th. Stockholders of record on Thursday, November 2nd will be paid a dividend of $0.43 per share on Tuesday, November 14th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 9.80%. The ex-dividend date is Wednesday, November 1st. View Hoegh LNG Partners LP's Dividend History.
How were Hoegh LNG Partners LP's earnings last quarter?
Hoegh LNG Partners LP (NYSE:HMLP) posted its earnings results on Thursday, August, 24th. The shipping company reported $0.32 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.40 by $0.08. The shipping company earned $35.02 million during the quarter, compared to analyst estimates of $31.94 million. Hoegh LNG Partners LP had a net margin of 38.90% and a return on equity of 7.77%. View Hoegh LNG Partners LP's Earnings History.
When will Hoegh LNG Partners LP make its next earnings announcement?
Where is Hoegh LNG Partners LP's stock going? Where will Hoegh LNG Partners LP's stock price be in 2017?
5 brokerages have issued 12-month target prices for Hoegh LNG Partners LP's stock. Their predictions range from $20.50 to $22.00. On average, they expect Hoegh LNG Partners LP's share price to reach $21.63 in the next twelve months. View Analyst Ratings for Hoegh LNG Partners LP.
Who are some of Hoegh LNG Partners LP's key competitors?
Some companies that are related to Hoegh LNG Partners LP include Oil States International (OIS), SunPower Corporation (SPWR), Fairmount Santrol Holdings (FMSA), Unit Corporation (UNT), Cone Midstream Partners LP (CNNX), Exterran (EXTN), Trina Solar Limited (TSL), Hess Midstream Partners LP (HESM), Canadian Solar (CSIQ), Helix Energy Solutions Group (HLX), Stobart Group Limited (STOB), Teekay Offshore Partners L.P. (TOO), Scorpio Tankers (STNG), Alon USA Energy (ALJ), GasLog Partners LP (GLOP), Alon USA Partners, LP (ALDW), JinkoSolar Holding Company Limited (JKS) and SEACOR Holdings (CKH).
Who are Hoegh LNG Partners LP's key executives?
Hoegh LNG Partners LP's management team includes the folowing people:
- Sveinung Stohle, Chairman of the Board Chairman of the Board of Hoegh LNG GP LLC, (Age 55)
- Richard P.S.L. Tyrrell, Executive Officer, Chief Financial Officer of Hoegh LNG GP LLC (Age 41)
- Steffen Foreid, Director of Hoegh LNG GP LLC (Age 45)
- Morten W. Hoegh, Director of Hoegh LNG GP LLC (Age 40)
- Andrew Jamieson, Director Hoegh LNG GP LLC (Age 67)
- Kathleen S. McAllister, Director of Hoegh LNG GP LLC
- Robert Shaw, Director of Hoegh LNG GP LLC (Age 58)
Who owns Hoegh LNG Partners LP stock?
Hoegh LNG Partners LP's stock is owned by many different of institutional and retail investors. Top institutional investors include Kayne Anderson Capital Advisors LP (6.35%), Huber Capital Management LLC (3.81%), Cohen & Steers Inc. (1.04%) and Van ECK Associates Corp (0.37%). View Institutional Ownership Trends for Hoegh LNG Partners LP.
Who sold Hoegh LNG Partners LP stock? Who is selling Hoegh LNG Partners LP stock?
How do I buy Hoegh LNG Partners LP stock?
Shares of Hoegh LNG Partners LP 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 LP's stock price today?
One share of Hoegh LNG Partners LP stock can currently be purchased for approximately $17.55.
How big of a company is Hoegh LNG Partners LP?
Hoegh LNG Partners LP has a market capitalization of $571.18 million and generates $91.11 million in revenue each year. The shipping company earns $41.37 million in net income (profit) each year or $2.46 on an earnings per share basis. Hoegh LNG Partners LP employs 260 workers across the globe.
How can I contact Hoegh LNG Partners LP?
Hoegh LNG Partners LP's mailing address is Ste 616, 48 Par-La-Ville Road, HAMILTON, HM 11, Bermuda. The shipping company can be reached via phone at +1-441-2956815 or via email at [email protected]
MarketBeat Community Rating for Hoegh LNG Partners LP (NYSE HMLP)MarketBeat's community ratings are surveys of what our community members think about Hoegh LNG Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Hoegh LNG Partners LP (NYSE:HMLP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 5 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$21.63 (23.22% upside)|
Consensus Price Target History for Hoegh LNG Partners LP (NYSE:HMLP)
Analysts' Ratings History for Hoegh LNG Partners LP (NYSE:HMLP)
(Data available from 11/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/25/2017||Citigroup Inc.||Boost Price Target||Buy||$21.00 -> $22.00||Low|
|7/18/2017||Barclays PLC||Upgrade||Equal Weight -> Overweight||$21.00 -> $22.00||Low|
|6/13/2017||Morgan Stanley||Reiterated Rating||Overweight||$22.00 -> $20.50||Low|
|12/20/2016||Seaport Global Securities||Reiterated Rating||Buy||N/A|
|12/12/2016||Stifel Nicolaus||Initiated Coverage||Buy||$22.00||N/A|
|3/15/2016||Clarkson Capital||Reiterated Rating||Buy||N/A|
Earnings History and Estimates Chart for Hoegh LNG Partners LP (NYSE:HMLP)
Earnings History by Quarter for Hoegh LNG Partners LP (NYSE HMLP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/27/2018|| || || || || || || || |
|8/24/2017||6/30/2017||$0.40||$0.32||$31.94 million||$35.02 million||View||N/A|
|5/24/2017||3/31/2017||$0.37||$0.41||$30.17 million||$35.08 million||View||N/A|
|2/28/2017||Q416||$0.31||$0.25||$21.54 million||$23.31 million||View||Listen|
|11/17/2016||Q316||$0.35||$0.33||$23.11 million||$23.35 million||View||N/A|
|8/25/2016||Q216||$0.42||$0.31||$23.47 million||$22.80 million||View||Listen|
|5/31/2016||Q116||$0.45||($0.04)||$23.52 million||$21.70 million||View||Listen|
|2/29/2016||Q415||$0.42||$0.62||$23.05 million||$23.40 million||View||Listen|
|12/15/2015||Q315||$0.27||$0.20||$11.12 million||$11.50 million||View||Listen|
|8/27/2015||Q215||$0.26||$0.62||$11.44 million||$11.09 million||View||Listen|
|5/28/2015||Q115||$0.35||$0.09||$13.78 million||$11.54 million||View||Listen|
|2/26/2015||Q414||$0.34||$0.20||$11.28 million||$17.06 million||View||N/A|
|11/25/2014||Q314||$0.34||$0.26||$11.30 million||$16.52 million||View||N/A|
Earnings Estimates for Hoegh LNG Partners LP (NYSE:HMLP)
2017 EPS Consensus Estimate: $0.64
2018 EPS Consensus Estimate: $1.23
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Hoegh LNG Partners LP (NYSE:HMLP)
|Most Recent Dividend:||11/14/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||69.92% (Trailing 12 Months of Earnings) |
132.31% (Based on This Year's Estimates)
118.62% (Based on Next Year's Estimates)
Dividend History by Quarter for Hoegh LNG Partners LP (NYSE HMLP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Hoegh LNG Partners LP (NYSE HMLP)
No insider trades for this company have been tracked by MarketBeat.com
Latest Headlines for Hoegh LNG Partners LP (NYSE HMLP)
Hoegh LNG Partners LP (NYSE HMLP) Chart for Tuesday, November, 21, 2017