NYSE:TGPTeekay Lng Partners Stock Price, Forecast & 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 $11.16 -0.19 (-1.67 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$10.90Now: $11.16▼$11.1950-Day Range$9.30MA: $11.10▼$12.0052-Week Range$7.00Now: $11.16▼$16.74Volume202,690 shsAverage Volume232,494 shsMarket Capitalization$865.01 millionP/E Ratio12.40Dividend Yield8.96%Beta1.56 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.00, Teekay Lng Partners has a potential upside of 79.2% from its current price of $11.16.Amount of Analyst CoverageTeekay Lng Partners has received no research coverage in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesTeekay Lng Partners has received 258 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTeekay Lng Partners has received 329 “underperform” votes. (Add your “underperform” vote.)Community SentimentTeekay Lng Partners has received 56.05% “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 8.96%, 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 35.59 % 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 27.79% of the stock of Teekay Lng Partners is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Teekay Lng Partners are expected to grow by 4.07% in the coming year, from $2.70 to $2.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Teekay Lng Partners is 12.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.46.Price to Earnings Ratio vs. SectorThe P/E ratio of Teekay Lng Partners is 12.40, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 11.21.Price to Book Value per Share RatioTeekay Lng Partners has a P/B Ratio of 0.61. 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: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.18 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 Ratio1.90 Current Ratio0.65 Quick Ratio0.81Price-To-Earnings Trailing P/E Ratio12.40 Forward P/E Ratio4.13 P/E GrowthN/A Sales & Book Value Annual Sales$601.26 million Price / Sales1.44 Cash Flow$4.04 per share Price / Cash Flow2.76 Book Value$18.29 per share Price / Book0.61Profitability EPS (Most Recent Fiscal Year)$1.79 Net Income$152.79 million Net Margins16.60% Return on Equity12.35% Return on Assets3.52%Miscellaneous Employees2,000 Outstanding Shares77,510,000Market Cap$865.01 million Next Earnings Date8/6/2020 (Estimated) OptionableOptionable TGP Rates by TradingView 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 COVID-19 (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 increased by 3.6% and is now trading at $11.16. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Teekay Lng Partners' next earnings date? Teekay Lng Partners is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Teekay Lng Partners. How were Teekay Lng Partners' earnings last quarter? Teekay Lng Partners, L.P. (NYSE:TGP) announced its quarterly earnings results on Thursday, May, 21st. The shipping company reported $0.58 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.66 by $0.08. The shipping company earned $139.90 million during the quarter, compared to analysts' expectations of $144.54 million. Teekay Lng Partners had a net margin of 16.60% and a return on equity of 12.35%. Teekay Lng Partners's quarterly revenue was down 6.5% on a year-over-year basis. During the same quarter last year, the business posted $0.34 EPS. 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 Friday, April 17th. Stockholders of record on Friday, May 1st will be given a dividend of $0.25 per share on Friday, May 15th. This represents a $1.00 annualized dividend and a yield of 8.96%. The ex-dividend date of this dividend is Thursday, April 30th. This is an increase from Teekay Lng Partners's previous quarterly dividend of $0.19. View Teekay Lng Partners' dividend history. What price target have analysts set for TGP? 1 brokerages have issued 12 month price targets 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 79.2% from the stock's current price. View analysts' price targets for Teekay Lng Partners. Has Teekay Lng Partners been receiving favorable news coverage? Press coverage about TGP stock has trended very negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Teekay Lng Partners earned a news impact score of -3.4 on InfoTrie's scale. They also gave media headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutTeekay Lng Partners. Are investors shorting Teekay Lng Partners? Teekay Lng Partners saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 607,400 shares, an increase of 297.0% from the April 30th total of 153,000 shares. Based on an average daily volume of 425,200 shares, the short-interest ratio is presently 1.4 days. Currently, 1.2% of the company's shares are sold short. View Teekay Lng Partners' Current Options Chain. Who are some of Teekay Lng Partners' key competitors? Some companies that are related to Teekay Lng Partners include Kirby (KEX), Carnival (CUK), Matson (MATX), Golar LNG (GLNG), Nordic American Tanker (NAT), International Seaways (INSW), Teekay Tankers (TNK), KNOT Offshore Partners (KNOP), Golden Ocean Group (GOGL), Hoegh LNG Partners (HMLP), GasLog (GLOG), GasLog Partners LP Unit (GLOP), Tidewater (TDW), Golar LNG Partners (GMLP) and Dynagas LNG Partners (DLNG). 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), JinkoSolar (JKS), AT&T (T), Enterprise Products Partners (EPD), Nordic American Tanker (NAT), Verizon Communications (VZ), CA (CA), Medley Capital (MCC), Teekay (TK) and BlackRock (BLK). 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 institutional and retail investors. Top institutional shareholders include Invesco Ltd. (2.43%), Beach Investment Counsel Inc. PA (1.68%), Cobalt Capital Management Inc. (0.62%), JPMorgan Chase & Co. (0.53%), Icon Advisers Inc. Co. (0.24%) and Spirit of America Management Corp NY (0.23%). Which institutional investors are selling Teekay Lng Partners stock? TGP stock was sold by a variety of institutional investors in the last quarter, including Cobalt Capital Management Inc., Invesco Ltd., Morgan Stanley, Two Sigma Investments LP, JPMorgan Chase & Co., Deutsche Bank AG, UBS Group AG, and Spirit of America Management Corp NY. Which institutional investors are buying Teekay Lng Partners stock? TGP stock was acquired by a variety of institutional investors in the last quarter, including Icon Advisers Inc. Co., Two Sigma Advisers LP, Harvey Capital Management Inc., Globeflex Capital L P, Albert D Mason Inc., Jane Street Group LLC, Tranquility Partners LLC, and Advisor Group Holdings 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 $11.16. How big of a company is Teekay Lng Partners? Teekay Lng Partners has a market capitalization of $865.01 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 5/31/2020 by MarketBeat.com Staff
