NYSE:TGP - Teekay Lng Partners Stock Price, Forecast & News

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

Teekay Lng Partners announced a quarterly dividend on Monday, January 20th. Stockholders of record on Friday, January 31st will be given a dividend of $0.19 per share on Friday, February 14th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.56%. The ex-dividend date is Thursday, January 30th. View Teekay Lng Partners' Dividend History.

Teekay Lng Partners, L.P. (NYSE:TGP) posted its earnings results on Wednesday, November, 13th. The shipping company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.06. The shipping company had revenue of $149.70 million for the quarter, compared to the consensus estimate of $167.28 million. Teekay Lng Partners had a net margin of 15.72% and a return on equity of 9.24%. The company's quarterly revenue was up 21.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.16 earnings per share. View Teekay Lng Partners' Earnings History.

Teekay Lng Partners is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Teekay Lng Partners.

Teekay Lng Partners issued an update on its FY 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $2.60-3.10 for the period, compared to the Thomson Reuters consensus estimate of $2.37.

1 analysts have issued 12-month price objectives for Teekay Lng Partners' shares. Their forecasts range from $20.00 to $20.00. On average, they expect Teekay Lng Partners' stock price to reach $20.00 in the next year. This suggests a possible upside of 46.4% from the stock's current price. View Analyst Price Targets for Teekay Lng Partners.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teekay Lng Partners in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Teekay Lng Partners.

Headlines about TGP stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Teekay Lng Partners earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave media coverage about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Teekay Lng Partners.

Teekay Lng Partners saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 274,400 shares, an increase of 10.2% from the December 31st total of 248,900 shares. Based on an average daily volume of 263,100 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.5% of the company's stock are short sold. View Teekay Lng Partners' Current Options Chain.

Some companies that are related to Teekay Lng Partners include Matson (MATX), Golar LNG (GLNG), International Seaways (INSW), Golden Ocean Group (GOGL), KNOT Offshore Partners (KNOP), Teekay Offshore Partners (TOO), Tidewater (TDW), Teekay Tankers (TNK), GasLog Partners LP Unit (GLOP), Nordic American Tanker (NAT), Hoegh LNG Partners (HMLP), GasLog (GLOG), Golar LNG Partners (GMLP), Dynagas LNG Partners (DLNG) and Odyssey Marine Exploration (OMEX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Teekay Lng Partners investors own include Energy Transfer LP Unit (ET), JinkoSolar (JKS), Enterprise Products Partners (EPD), Nordic American Tanker (NAT), CA (CA), AT&T (T), BlackRock (BLK), Verizon Communications (VZ), Medley Capital (MCC) and Endologix (ELGX).

Teekay Lng Partners' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Spirit of America Management Corp NY (0.23%), O Keefe Stevens Advisory Inc. (0.23%), O Keefe Stevens Advisory Inc. (0.23%), California Public Employees Retirement System (0.15%) and Wiley BROS. Aintree Capital LLC (0.06%).

TGP stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY and Wiley BROS. Aintree Capital LLC.

TGP stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, O Keefe Stevens Advisory Inc. and O Keefe Stevens Advisory Inc..

Shares of TGP 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.

One share of TGP stock can currently be purchased for approximately $13.66.

Teekay Lng Partners has a market capitalization of $1.06 billion and generates $510.76 million in revenue each year. The shipping company earns $28.37 million in net income (profit) each year or $0.76 on an earnings per share basis. Teekay Lng Partners employs 1,900 workers across the globe.View Additional Information About Teekay Lng Partners.

The official website for Teekay Lng Partners is http://www.teekay.com/.

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 or via email at [email protected]