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 paid a dividend of $0.19 per share on Friday, February 14th. This represents a $0.76 annualized dividend and a dividend yield of 5.95%. The ex-dividend date is Thursday, January 30th. View Teekay Lng Partners' Dividend History.

Teekay Lng Partners, L.P. (NYSE:TGP) issued its earnings results on Wednesday, November, 13th. The shipping company reported $0.55 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.49 by $0.06. The shipping company earned $149.70 million during the quarter, compared to analyst estimates of $167.28 million. Teekay Lng Partners had a return on equity of 9.24% and a net margin of 15.72%. The firm's revenue was up 21.4% on a year-over-year basis. During the same quarter in the prior 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 27th 2020. View Earnings Estimates for Teekay Lng Partners.

Teekay Lng Partners will be holding an earnings conference call on Thursday, February 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

1 Wall Street analysts have issued 12-month target prices for Teekay Lng Partners' shares. Their forecasts range from $20.00 to $20.00. On average, they expect Teekay Lng Partners' share price to reach $20.00 in the next year. This suggests a possible upside of 56.5% 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.

News stories about TGP stock have trended neutral recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Teekay Lng Partners earned a media sentiment score of 0.1 on InfoTrie's scale. They also assigned media headlines about the shipping company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact 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 during the month of January. As of January 31st, there was short interest totalling 326,200 shares, an increase of 18.9% from the January 15th total of 274,400 shares. Based on an average daily trading volume, of 258,500 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.6% of the company's shares 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), Golden Ocean Group (GOGL), Teekay Offshore Partners (TOO), Tidewater (TDW), KNOT Offshore Partners (KNOP), International Seaways (INSW), Teekay Tankers (TNK), GasLog (GLOG), Nordic American Tanker (NAT), Hoegh LNG Partners (HMLP), Golar LNG Partners (GMLP), GasLog Partners LP Unit (GLOP), 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), AT&T (T), Nordic American Tanker (NAT), CA (CA), Medley Capital (MCC), Verizon Communications (VZ), Golar LNG Partners (GMLP) and BlackRock (BLK).

Teekay Lng Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (10.00%), Thornburg Investment Management Inc. (4.29%), Beach Investment Counsel Inc. PA (1.68%), Royce & Associates LP (0.84%), Credit Suisse AG (0.40%) and Renaissance Technologies LLC (0.40%).

TGP stock was sold by a variety of institutional investors in the last quarter, including Thornburg Investment Management Inc., FMR LLC, Bank of Montreal Can, Boston Partners, Royce & Associates LP, Spirit of America Management Corp NY, UBS Group AG and ACG Wealth.

TGP stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Tranquility Partners LLC, Banco Bilbao Vizcaya Argentaria S.A., Beach Investment Counsel Inc. PA, Marshall Wace LLP, Fosun International Ltd, Trexquant Investment LP and California Public Employees Retirement System.

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 $12.78.

Teekay Lng Partners has a market capitalization of $990.45 million 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]