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 $10.15 -0.15 (-1.46 %) (As of 05/29/2020 11:24 AM ET) Add Compare Share Today's Range$10.08Now: $10.15▼$10.6450-Day Range$5.35MA: $9.61▼$12.2152-Week Range$4.67Now: $10.15▼$18.54Volume2,499 shsAverage Volume230,019 shsMarket Capitalization$337.69 millionP/E Ratio7.00Dividend Yield17.51%Beta2.03 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsSocial 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™ 3.0 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 $13.75, Hoegh LNG Partners has a potential upside of 35.5% from its current price of $10.15.Amount of Analyst CoverageHoegh LNG Partners has only been the subject of 3 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesHoegh LNG Partners has received 289 “outperform” votes. (Add your “outperform” vote.)Underperform VotesHoegh LNG Partners has received 401 “underperform” votes. (Add your “underperform” vote.)Community SentimentHoegh LNG Partners has received 58.12% “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 17.51%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHoegh LNG Partners has only been increasing its dividend for 4 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 118.92 % 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 20.20% of the stock of Hoegh LNG Partners is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Hoegh LNG Partners are expected to grow by 0.68% in the coming year, from $1.47 to $1.48 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hoegh LNG Partners is 7.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Hoegh LNG Partners is 7.00, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 14.43.Price to Earnings Growth RatioHoegh LNG Partners has a PEG Ratio of 0.80. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioHoegh LNG Partners has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.98 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 Phone479-755-7406Debt Debt-to-Equity Ratio1.22 Current Ratio0.94 Quick Ratio0.94Price-To-Earnings Trailing P/E Ratio7.00 Forward P/E Ratio6.90 P/E Growth0.8 Sales & Book Value Annual Sales$145.44 million Price / Sales2.32 Cash Flow$2.48 per share Price / Cash Flow4.09 Book Value$10.13 per share Price / Book1.00Profitability EPS (Most Recent Fiscal Year)$2.09 Net Income$52.74 million Net Margins36.26% Return on Equity16.92% Return on Assets5.70%Miscellaneous EmployeesN/A Outstanding Shares33,270,000Market Cap$337.69 million Next Earnings Date8/27/2020 (Estimated) OptionableNot Optionable HMLP Rates by TradingView 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 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 stock has increased by 10.4% and is now trading at $10.15. View which stocks have been most impacted by Coronavirus. 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, 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 results on Thursday, May, 28th. The shipping company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.38 by $0.31. The shipping company had revenue of $36.69 million for the quarter, compared to the consensus estimate of $36.70 million. Hoegh LNG Partners had a return on equity of 16.92% and a net margin of 36.26%. 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 Friday, April 24th. Investors of record on Friday, May 8th will be given a dividend of $0.44 per share on Friday, May 15th. This represents a $1.76 annualized dividend and a yield of 17.34%. The ex-dividend date is Thursday, May 7th. View Hoegh LNG Partners' dividend history. What price target have analysts set for HMLP? 6 analysts have issued 12-month price targets for Hoegh LNG Partners' stock. Their forecasts range from $7.00 to $17.00. On average, they expect Hoegh LNG Partners' share price to reach $13.75 in the next year. This suggests a possible upside of 35.5% 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 been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Hoegh LNG Partners earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave media coverage about the shipping company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutHoegh LNG Partners. Are investors shorting Hoegh LNG Partners? Hoegh LNG Partners saw a increase in short interest in May. As of May 15th, there was short interest totaling 264,800 shares, an increase of 56.2% from the April 30th total of 169,500 shares. Based on an average daily volume of 380,000 shares, the short-interest ratio is presently 0.7 days. Currently, 1.5% of the company's shares are short sold. View Hoegh LNG Partners' Current Options Chain. Who are some of Hoegh LNG Partners' key competitors? Some companies that are related to Hoegh LNG Partners include Matson (MATX), Teekay Lng Partners (TGP), Golar LNG (GLNG), Nordic American Tanker (NAT), International Seaways (INSW), Teekay Tankers (TNK), KNOT Offshore Partners (KNOP), Golden Ocean Group (GOGL), GasLog (GLOG), GasLog Partners LP Unit (GLOP), Tidewater (TDW), Golar LNG Partners (GMLP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX) and Hornbeck Offshore Services (HOS). 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), ANNALY CAP MGMT/SH (NLY), NGL Energy Partners (NGL), AT&T (T), New Residential Investment (NRZ), GasLog Partners LP Unit (GLOP), Enterprise Products Partners (EPD), Golar LNG Partners (GMLP), 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 retail and institutional investors. Top institutional shareholders include Morgan Stanley (1.43%), Morgan Stanley (1.43%), Kayne Anderson Capital Advisors LP (0.93%), HighTower Advisors LLC (0.59%), Tortoise Capital Advisors L.L.C. (0.54%) and Prescott Group Capital Management L.L.C. (0.29%). Which institutional investors are selling Hoegh LNG Partners stock? HMLP stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, HighTower Advisors LLC, UBS Group AG, Prescott Group Capital Management L.L.C., and Commonwealth Equity Services 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 Tortoise Capital Advisors L.L.C., Morgan Stanley, Morgan Stanley, Engineers Gate Manager LP, Deutsche Bank AG, Silvercrest Asset Management Group LLC, Sigma Planning Corp, and Taylor Frigon Capital Management 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 $10.15. How big of a company is Hoegh LNG Partners? Hoegh LNG Partners has a market capitalization of $337.69 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 479-755-7406 or via email at [email protected] This page was last updated on 5/29/2020 by MarketBeat.com Staff
