S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
NYSE:TGP

Teekay LNG Partners Stock Forecast, Price & News

$16.91
+0.02 (+0.12%)
(As of 12/2/2021 12:00 AM ET)
Add
Compare
Today's Range
$16.89
$16.93
50-Day Range
$14.94
$17.19
52-Week Range
$10.97
$17.24
Volume
1.02 million shs
Average Volume
440,648 shs
Market Capitalization
$1.47 billion
P/E Ratio
6.90
Dividend Yield
6.81%
Beta
1.18
30 days | 90 days | 365 days | Advanced Chart
Receive TGP News and Ratings via Email

Sign-up to receive the latest news and ratings for Teekay LNG Partners and its competitors with MarketBeat's FREE daily newsletter.


Teekay LNG Partners logo

About Teekay LNG Partners

Teekay LNG Partners LP provides marine transportation services for liquefied natural gas, liquefied petroleum gas and crude oil. It operates through the following segments: LNG, LPG and conventional tanker. The company was founded on November 3, 2004 and is headquartered in Hamilton, Bermuda.

Headlines

Teekay LNG Partners Reports Third Quarter 2021 Results
November 4, 2021 |  finance.yahoo.com
Stonepeak to buy Teekay LNG for $6.2 billion
October 4, 2021 |  nasdaq.com
See More Headlines

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
N/A
Employees
2,020
Year Founded
1973

Sales & Book Value

Annual Sales
$591.10 million
Cash Flow
$4.23 per share
Book Value
$18.70 per share

Profitability

Net Income
$87.36 million
Pretax Margin
43.35%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$1.47 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Ex-Dividend
11/04/2021
Dividend Payable
11/12/2021
Today
12/03/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/24/2022

Social Links


MarketRank

Overall MarketRank

2.17 out of 5 stars

Transportation Sector

77th out of 172 stocks

Water Transportation Industry

11th out of 25 stocks

Analyst Opinion: 1.0Community Rank: 4.0Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -












Teekay LNG Partners (NYSE:TGP) Frequently Asked Questions

Is Teekay LNG Partners a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Teekay LNG Partners in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Teekay LNG Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TGP, but not buy additional shares or sell existing shares.
View analyst ratings for Teekay LNG Partners
or view top-rated stocks.

How has Teekay LNG Partners' stock been impacted by COVID-19 (Coronavirus)?

Teekay LNG Partners' stock was trading at $10.77 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TGP stock has increased by 57.0% and is now trading at $16.91.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Teekay LNG Partners?

Teekay LNG Partners saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 1,430,000 shares, an increase of 57.4% from the October 31st total of 908,700 shares. Based on an average trading volume of 1,000,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 2.8% of the company's shares are sold short.
View Teekay LNG Partners' Short Interest
.

When is Teekay LNG Partners' next earnings date?

Teekay LNG Partners is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for Teekay LNG Partners
.

How were Teekay LNG Partners' earnings last quarter?

Teekay LNG Partners L.P. (NYSE:TGP) issued its quarterly earnings data on Thursday, November, 4th. The shipping company reported $0.54 earnings per share for the quarter, missing analysts' consensus estimates of $0.56 by $0.02. The shipping company had revenue of $146.60 million for the quarter, compared to the consensus estimate of $143.97 million. Teekay LNG Partners had a trailing twelve-month return on equity of 14.90% and a net margin of 40.35%. Teekay LNG Partners's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.59 earnings per share.
View Teekay LNG Partners' earnings history
.

How often does Teekay LNG Partners pay dividends? What is the dividend yield for Teekay LNG Partners?

Teekay LNG Partners announced a quarterly dividend on Monday, October 18th. Stockholders of record on Friday, November 5th will be paid a dividend of $0.2875 per share on Friday, November 12th. This represents a $1.15 annualized dividend and a yield of 6.80%. The ex-dividend date is Thursday, November 4th. This is an increase from Teekay LNG Partners's previous quarterly dividend of $0.29.
View Teekay LNG Partners' dividend history
.

Is Teekay LNG Partners a good dividend stock?

Teekay LNG Partners pays an annual dividend of $1.15 per share and currently has a dividend yield of 6.81%. TGP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Teekay LNG Partners has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Teekay LNG Partners is 46.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Teekay LNG Partners will have a dividend payout ratio of 46.75% next year. This indicates that Teekay LNG Partners will be able to sustain or increase its dividend.
View Teekay LNG Partners' dividend history.

What price target have analysts set for TGP?

4 Wall Street analysts have issued twelve-month target prices for Teekay LNG Partners' shares. Their forecasts range from $15.03 to $17.00. On average, they anticipate Teekay LNG Partners' stock price to reach $16.34 in the next year. This suggests that the stock has a possible downside of 3.4%.
View analysts' price targets for Teekay LNG Partners
or view top-rated stocks among Wall Street analysts.

Who are Teekay LNG Partners' key executives?

Teekay LNG Partners' management team includes the following people:
  • Mark Kremin, President & Chief Executive Officer
  • Iain Relf, Vice President-LNG Operations
  • Scott Gayton, Chief Financial Officer
  • Ryan J. Hamilton, Investor Relations Contact
  • N. Angelique Burgess, Secretary

What other stocks do shareholders of Teekay LNG Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Teekay LNG Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), JinkoSolar (JKS), Nordic American Tankers (NAT), Verizon Communications (VZ), Main Street Capital (MAIN), PhenixFIN (MCC), BlackRock (BLK) and CA (CA).

What is Teekay LNG Partners' stock symbol?

Teekay LNG Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGP."

Who are Teekay LNG Partners' major shareholders?

Teekay LNG Partners' stock is owned by a variety of institutional and retail investors. Top institutional investors include Beach Investment Counsel Inc. PA (2.50%), Invesco Ltd. (1.90%), Morgan Stanley (0.57%), Cobalt Capital Management Inc. (0.55%), O Keefe Stevens Advisory Inc. (0.50%) and Evergreen Capital Management LLC (0.39%).

Which major investors are selling Teekay LNG Partners stock?

TGP stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Thornburg Investment Management Inc., Invesco Ltd., Renaissance Technologies LLC, NBW Capital LLC, Cobalt Capital Management Inc., Neuberger Berman Group LLC, and Royal Bank of Canada.

Which major investors are buying Teekay LNG Partners stock?

TGP stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Goldman Sachs Group Inc., Raymond James & Associates, Morgan Stanley, Two Sigma Investments LP, Wolverine Trading LLC, Franklin Resources Inc., and Evergreen Capital Management LLC.

How do I buy shares of Teekay LNG Partners?

Shares of TGP 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.
Compare Top Brokerages Here.

What is Teekay LNG Partners' stock price today?

One share of TGP stock can currently be purchased for approximately $16.91.

How much money does Teekay LNG Partners make?

Teekay LNG Partners has a market capitalization of $1.47 billion and generates $591.10 million in revenue each year. The shipping company earns $87.36 million in net income (profit) each year or $2.45 on an earnings per share basis.

How many employees does Teekay LNG Partners have?

Teekay LNG Partners employs 2,020 workers across the globe.

When was Teekay LNG Partners founded?

Teekay LNG Partners was founded in 1973.

What is Teekay LNG Partners' official website?

The official website for Teekay LNG Partners is www.teekay.com.

Where are Teekay LNG Partners' headquarters?

How can I contact Teekay LNG Partners?

Teekay LNG Partners' mailing address is 4TH FLOOR BELVEDERE BUILDING 69 PITTS BAY ROAD, HAMILTON D0, HM 11. The shipping company can be reached via phone at (441) 298-2530, via email at [email protected], or via fax at 441-292-3931.


This page was last updated on 12/3/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.