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NYSE:HMLPHoegh LNG Partners Stock Price, Forecast & News

$10.37
+0.07 (+0.68 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$10.06
Now: $10.37
$10.53
50-Day Range
$5.79
MA: $9.71
$12.21
52-Week Range
$4.67
Now: $10.37
$18.54
Volume195,128 shs
Average Volume220,609 shs
Market Capitalization$345.01 million
P/E Ratio8.57
Dividend Yield16.97%
Beta2.03
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.85 out of 5 stars


Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryN/A
CUSIPN/A
Phone479-755-7406

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$145.44 million
Cash Flow$2.46 per share
Book Value$10.13 per share

Profitability

Net Income$52.74 million

Miscellaneous

EmployeesN/A
Market Cap$345.01 million
Next Earnings Date8/27/2020 (Estimated)
OptionableNot Optionable

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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 reached pandemic status according to the World Health Organization. Since then, HMLP shares have increased by 12.8% and is now trading at $10.37. 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) released its quarterly earnings data on Thursday, May, 28th. The shipping company reported $0.07 earnings per share (EPS) 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 return on equity of 17.38% and a net margin of 30.19%. 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 Friday, April 24th. Investors of record on Friday, May 8th will be paid a dividend of $0.44 per share on Friday, May 15th. This represents a $1.76 dividend on an annualized basis and a yield of 16.97%. The ex-dividend date of this dividend is Thursday, May 7th. View Hoegh LNG Partners' dividend history.

What price target have analysts set for HMLP?

6 brokers have issued 1-year target prices for Hoegh LNG Partners' stock. Their forecasts range from $7.00 to $17.00. On average, they expect Hoegh LNG Partners' stock price to reach $13.75 in the next twelve months. This suggests a possible upside of 32.6% from the stock's current price. View analysts' price targets for Hoegh LNG Partners.

Has Hoegh LNG Partners been receiving favorable news coverage?

News articles about HMLP stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hoegh LNG Partners earned a news impact score of -1.6 on InfoTrie's scale. They also gave headlines 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 company's share price in the near term. 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 trading volume of 380,000 shares, the short-interest ratio is presently 0.7 days. Approximately 1.5% of the shares of the stock are short sold. View Hoegh LNG Partners' Current Options Chain.

Who are some of Hoegh LNG Partners' key competitors?

What other stocks do shareholders of Hoegh LNG Partners own?

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 many different 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 major 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 major investors are buying Hoegh LNG Partners stock?

HMLP stock was bought 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 $10.37.

How big of a company is Hoegh LNG Partners?

Hoegh LNG Partners has a market capitalization of $345.01 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 5/31/2020 by MarketBeat.com Staff

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