NYSE:HMLPHoegh LNG Partners Stock Price, Forecast & 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 $10.86 +0.18 (+1.69 %) (As of 08/13/2020 04:00 PM ET) Add Compare Share Today's Range$10.76Now: $10.86▼$11.0250-Day Range$9.24MA: $10.22▼$11.4352-Week Range$4.67Now: $10.86▼$17.28Volume69,000 shsAverage Volume254,953 shsMarket Capitalization$361.27 millionP/E Ratio8.98Dividend Yield16.21%Beta1.94 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™ 3.1 Analyst's Opinion Consensus RatingHoegh LNG Partners has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 3 buy ratings, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.00, Hoegh LNG Partners has a potential upside of 38.1% from its current price of $10.86.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 290 “outperform” votes. (Add your “outperform” vote.)Underperform VotesHoegh LNG Partners has received 404 “underperform” votes. (Add your “underperform” vote.)Community SentimentHoegh LNG Partners has received 58.21% “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 16.21%, 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 123.94% 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 20.01% 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 -5.96% in the coming year, from $1.51 to $1.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hoegh LNG Partners is 8.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.46.Price to Earnings Ratio vs. SectorThe P/E ratio of Hoegh LNG Partners is 8.98, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 19.13.Price to Earnings Growth RatioHoegh LNG Partners has a PEG Ratio of 1.65. 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 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.62 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 Ratio1.30 Current Ratio0.83 Quick Ratio0.82Price-To-Earnings Trailing P/E Ratio8.98 Forward P/E Ratio7.19 P/E Growth1.65 Sales & Book Value Annual Sales$145.44 million Price / Sales2.48 Cash Flow$2.62 per share Price / Cash Flow4.15 Book Value$10.13 per share Price / Book1.07Profitability EPS (Most Recent Fiscal Year)$2.09 Net Income$52.74 million Net Margins30.19% Return on Equity17.76% Return on Assets5.81%Miscellaneous EmployeesN/A Outstanding Shares33,266,000Market Cap$361.27 million Next Earnings Date8/27/2020 (Estimated) OptionableNot Optionable $10.86 +0.18 (+1.69 %) (As of 08/13/2020 04:00 PM 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? Hoegh LNG Partners' stock was trading at $9.19 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, HMLP stock has increased by 18.2% and is now trading at $10.86. 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, 1 hold rating and 3 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, August 27th 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, May, 28th. The shipping company reported $0.07 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.38 by $0.31. The shipping company had revenue of $36.69 million for the quarter, compared to analyst estimates of $36.70 million. Hoegh LNG Partners had a net margin of 30.19% and a return on equity of 17.76%. 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 announced a quarterly dividend on Thursday, July 16th. Investors of record on Thursday, July 30th will be paid a dividend of $0.44 per share on Friday, August 14th. This represents a $1.76 annualized dividend and a dividend yield of 16.21%. The ex-dividend date is Wednesday, July 29th. View Hoegh LNG Partners' dividend history. What price target have analysts set for HMLP? 6 Wall Street analysts have issued 1 year price targets for Hoegh LNG Partners' stock. Their forecasts range from $12.00 to $17.00. On average, they anticipate Hoegh LNG Partners' share price to reach $15.00 in the next twelve months. This suggests a possible upside of 38.1% from the stock's current price. View analysts' price targets for Hoegh LNG Partners. Has Hoegh LNG Partners been receiving favorable news coverage? News stories about HMLP stock have trended positive this week, according to InfoTrie. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hoegh LNG Partners earned a daily sentiment score of 2.7 on InfoTrie's scale. They also gave media coverage about the shipping company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news about Hoegh LNG Partners. Are investors shorting Hoegh LNG Partners? Hoegh LNG Partners saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 247,000 shares, an increase of 29.7% from the June 15th total of 190,500 shares. Based on an average daily volume of 306,500 shares, the days-to-cover ratio is currently 0.8 days. Approximately 1.4% 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), Teekay Tankers (TNK), KNOT Offshore Partners (KNOP), GasLog (GLOG), Tidewater (TDW), GasLog Partners LP Unit (GLOP), Golar LNG Partners (GMLP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX), EuroDry (EDRY) and Caspian Services (CSSV). 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), Enterprise Products Partners (EPD), ANNALY CAP MGMT/SH (NLY), AT&T (T), 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 number of institutional and retail investors. Top institutional investors 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, Trustcore Financial Services LLC, and UBS Group AG. Which institutional investors are buying Hoegh LNG Partners stock? HMLP stock was bought 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, Sigma Planning 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 $10.86. How big of a company is Hoegh LNG Partners? Hoegh LNG Partners has a market capitalization of $361.27 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 8/14/2020 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. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
