NYSE:TGP Teekay Lng Partners Stock Forecast, Price & 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 Teekay Lng Partners, L.P. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $10.34 -0.10 (-0.96 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$10.23Now: $10.34▼$10.5550-Day Range$10.36MA: $11.37▼$12.9152-Week Range$7.00Now: $10.34▼$16.74Volume178,362 shsAverage Volume321,011 shsMarket Capitalization$801.44 millionP/E Ratio8.34Dividend Yield9.58%Beta1.5 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Teekay LNG Partners L.P. provides marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG), and crude oil worldwide. The company operates through three segments: The Liquefied Natural Gas, The Liquefied Petroleum Gas, and The Conventional Tanker. It transports liquid petroleum gases, including propane, butane, and ethane; petrochemical gases, such as ethylene, propylene, and butadiene; and ammonia. As of April 24, 2019, it had a fleet of 49 LNG carriers, 22 LPG, 7 multi-gas carriers, and 1 conventional tankers. Teekay GP L.L.C. serves as the general partner of the company. Teekay LNG Partners L.P. was founded in 2004 and is based in Hamilton, Bermuda.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingTeekay Lng Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.50, Teekay Lng Partners has a forecasted upside of 59.6% from its current price of $10.34.Amount of Analyst CoverageTeekay Lng Partners has only been the subject of 1 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesTeekay Lng Partners has received 259 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTeekay Lng Partners has received 330 “underperform” votes. (Add your “underperform” vote.)Community SentimentTeekay Lng Partners has received 56.03% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Teekay Lng Partners and other stocks. Vote “Outperform” if you believe TGP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TGP will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipTeekay Lng Partners is a leading dividend payer. It pays a dividend yield of 9.58%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTeekay Lng Partners has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Teekay Lng Partners is 55.87%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Teekay Lng Partners will have a dividend payout ratio of 35.97% next year. This indicates that Teekay Lng Partners will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Teekay Lng Partners insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 27.77% of the stock of Teekay Lng Partners is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Teekay Lng Partners are expected to grow by 6.92% in the coming year, from $2.60 to $2.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Teekay Lng Partners is 8.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Teekay Lng Partners is 8.34, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 18.82.Price to Book Value per Share RatioTeekay Lng Partners has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.31 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Water transportation Sub-IndustryN/A SectorTransportation Current SymbolNYSE:TGP Previous Symbol CUSIPN/A CIK1308106 Webwww.teekay.com Phone441-298-2530Debt Debt-to-Equity Ratio1.80 Current Ratio0.50 Quick Ratio0.50Price-To-Earnings Trailing P/E Ratio8.34 Forward P/E Ratio3.98 P/E GrowthN/A Sales & Book Value Annual Sales$601.26 million Price / Sales1.33 Cash Flow$3.86 per share Price / Cash Flow2.68 Book Value$20.54 per share Price / Book0.50Profitability EPS (Most Recent Fiscal Year)$1.79 Net Income$152.79 million Net Margins21.60% Return on Equity14.45% Return on Assets4.12%Miscellaneous Employees2,000 Outstanding Shares77,509,000Market Cap$801.44 million Next Earnings Date11/11/2020 (Estimated) OptionableOptionable $10.34 -0.10 (-0.96 %) (As of 09/25/2020 12:00 AM ET) 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 TGP and its competitors with MarketBeat's FREE daily newsletter. Teekay Lng Partners (NYSE:TGP) Frequently Asked Questions How has Teekay Lng Partners' stock been impacted by Coronavirus? Teekay Lng Partners' stock was trading at $10.77 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TGP shares have decreased by 4.0% and is now trading at $10.34. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Teekay Lng Partners? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teekay Lng Partners in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Teekay Lng Partners. When is Teekay Lng Partners' next earnings date? Teekay Lng Partners is scheduled to release its next quarterly earnings announcement on Wednesday, November 11th 2020. View our earnings forecast for Teekay Lng Partners. How were Teekay Lng Partners' earnings last quarter? Teekay Lng Partners, L.P. (NYSE:TGP) released its earnings results on Thursday, August, 13th. The shipping company reported $0.67 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.67. Teekay Lng Partners had a return on equity of 14.45% and a net margin of 21.60%. 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, July 20th. Shareholders of record on Friday, July 31st will be given a dividend of $0.25 per share on Friday, August 14th. This represents a $1.00 annualized dividend and a yield of 9.67%. The ex-dividend date of this dividend is Thursday, July 30th. View Teekay Lng Partners' dividend history. What price target have analysts set for TGP? 2 brokerages have issued 1 year price objectives for Teekay Lng Partners' stock. Their forecasts range from $13.00 to $20.00. On average, they anticipate Teekay Lng Partners' stock price to reach $16.50 in the next year. This suggests a possible upside of 59.6% from the stock's current price. View analysts' price targets for Teekay Lng Partners. Are investors shorting Teekay Lng Partners? Teekay Lng Partners saw a drop in short interest in September. As of September 15th, there was short interest totaling 273,300 shares, a drop of 35.8% from the August 31st total of 425,500 shares. Based on an average daily trading volume, of 219,600 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.6% of the shares of the stock are sold short. View Teekay Lng Partners' Short Interest. Who are some of Teekay Lng Partners' key competitors? Some companies that are related to Teekay Lng Partners include Carnival (CUK), Kirby (KEX), Matson (MATX), Golar LNG (GLNG), Golden Ocean Group (GOGL), Nordic American Tanker (NAT), KNOT Offshore Partners (KNOP), International Seaways (INSW), Teekay Tankers (TNK), Hoegh LNG Partners (HMLP), Flex LNG (FLNG), Tidewater (TDW), GasLog (GLOG), GasLog Partners LP Unit (GLOP) and Golar LNG Partners (GMLP). View all competitors. 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 LP Unit (ET), Enterprise Products Partners (EPD), AT&T (T), JinkoSolar (JKS), Nordic American Tanker (NAT), Verizon Communications (VZ), Main Street Capital (MAIN), Medley Capital (MCC), BlackRock (BLK) and CA (CA). Who are Teekay Lng Partners' key executives? Teekay Lng Partners' management team includes the following people: Mr. Mark J. Kremin, Pres & CEO of Teekay Gas Group Ltd (Age 48)Mr. Scott Gayton, Chief Financial Officer of Teekay Gas Group Ltd (Age 44)Ms. Edith Robinson, Company Sec. of Teekay GP LLC (Age 54) 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 retail and institutional investors. Top institutional investors include FMR LLC (10.18%), Beach Investment Counsel Inc. PA (2.73%), Thornburg Investment Management Inc. (2.19%), Kayne Anderson Capital Advisors LP (0.62%), Neuberger Berman Group LLC (0.44%) and Granite Point Capital Management L.P. (0.38%). Which institutional investors are selling Teekay Lng Partners stock? TGP stock was sold by a variety of institutional investors in the last quarter, including Thornburg Investment Management Inc., Bank of Montreal Can, Wiley BROS. Aintree Capital LLC, Two Sigma Advisers LP, Trexquant Investment LP, Neuberger Berman Group LLC, Texas Yale Capital Corp., and Tranquility Partners LLC. Which institutional investors are buying Teekay Lng Partners stock? TGP stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Beach Investment Counsel Inc. PA, Kayne Anderson Capital Advisors LP, Granite Point Capital Management L.P., Globeflex Capital L P, O Keefe Stevens Advisory Inc., Icon Advisers Inc. Co., and Essex Financial Services Inc.. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Teekay Lng Partners' stock price today? One share of TGP stock can currently be purchased for approximately $10.34. How big of a company is Teekay Lng Partners? Teekay Lng Partners has a market capitalization of $801.44 million and generates $601.26 million in revenue each year. The shipping company earns $152.79 million in net income (profit) each year or $1.79 on an earnings per share basis. Teekay Lng Partners employs 2,000 workers across the globe. What is Teekay Lng Partners' official website? The official website for Teekay Lng Partners is www.teekay.com. 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 or via email at [email protected] This page was last updated on 9/27/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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