Höegh LNG Partners Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Höegh LNG Partners in the last twelve months. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Höegh LNG Partners stock. 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.
View analyst ratings for Höegh LNG Partners or view top-rated stocks.

Wall Street analysts have given Höegh LNG Partners a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Höegh LNG Partners wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Höegh LNG Partners saw a increase in short interest during the month of January. As of January 29th, there was short interest totaling 114,800 shares, an increase of 36.5% from the January 14th total of 84,100 shares. Based on an average trading volume of 118,100 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.7% of the shares of the company are short sold.
View Höegh LNG Partners' Short Interest.

Höegh LNG Partners is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Höegh LNG Partners.

Höegh LNG Partners LP (NYSE:HMLP) posted its earnings results on Wednesday, November, 18th. The shipping company reported $0.49 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.40 by $0.09. The shipping company had revenue of $35.91 million for the quarter, compared to analysts' expectations of $35.69 million. Höegh LNG Partners had a net margin of 43.54% and a trailing twelve-month return on equity of 20.74%.
View Höegh LNG Partners' earnings history.

Höegh LNG Partners' stock was trading at $9.19 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HMLP stock has increased by 81.0% and is now trading at $16.63.
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Höegh LNG Partners announced a quarterly dividend on Friday, January 15th. Stockholders of record on Friday, January 29th will be given a dividend of $0.44 per share on Friday, February 12th. This represents a $1.76 annualized dividend and a yield of 10.58%. The ex-dividend date is Thursday, January 28th. This is an increase from Höegh LNG Partners's previous quarterly dividend of $0.41.
View Höegh LNG Partners' dividend history.

Höegh LNG Partners pays an annual dividend of $1.76 per share and currently has a dividend yield of 10.34%. HMLP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Höegh LNG Partners does not yet have a strock track record of dividend growth. The dividend payout ratio of Höegh LNG Partners is 84.21%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Höegh LNG Partners will have a dividend payout ratio of 110.69% in the coming year. This indicates that Höegh LNG Partners may not be able to sustain their current dividend.
View Höegh LNG Partners' dividend history.

5 brokerages have issued 12-month price objectives for Höegh LNG Partners' shares. Their forecasts range from $10.00 to $17.00. On average, they anticipate Höegh LNG Partners' stock price to reach $14.33 in the next year. This suggests that the stock has a possible downside of 13.8%.
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Some companies that are related to Höegh LNG Partners include Teekay LNG Partners (TGP), Golar LNG (GLNG), Golden Ocean Group (GOGL), GasLog (GLOG), KNOT Offshore Partners (KNOP), Tidewater (TDW), International Seaways (INSW), Flex LNG (FLNG), Nordic American Tankers (NAT), Teekay Tankers (TNK), Golar LNG Partners (GMLP), GasLog Partners (GLOP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX) and EuroDry (EDRY).
View all of HMLP's competitors.

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 many different retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (2.16%), Morgan Stanley (0.91%), Taylor Frigon Capital Management LLC (0.28%), HighTower Advisors LLC (0.18%), Nwam LLC (0.15%) and Stifel Financial Corp (0.15%).

HMLP stock was sold by a variety of institutional investors in the last quarter, including HighTower Advisors LLC, Renaissance Technologies LLC, Trustcore Financial Services LLC, Arrow Investment Advisors LLC, Stifel Financial Corp, Nwam LLC, Taylor Frigon Capital Management LLC, and Engineers Gate Manager LP.

HMLP stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Boston Private Wealth LLC, and Sigma Planning Corp.

Shares of HMLP 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 $16.63.

Höegh LNG Partners has a market capitalization of $553.21 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.

The official website for Höegh LNG Partners is www.hoeghlngpartners.com.

Höegh LNG Partners is headquartered at 45 Reid Street Wessex House 5th Floor, HAMILTON D0, HM 12.

Höegh 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]