NYSE:TGPTeekay Lng Partners Stock Price, Forecast & News

Teekay Lng Partners' stock was trading at $10.77 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TGP stock has increased by 4.5% and is now trading at $11.25. View which stocks have been most impacted by Coronavirus.

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.

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.

Teekay Lng Partners, L.P. (NYSE:TGP) issued its quarterly earnings data on Thursday, May, 21st. The shipping company reported $0.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by $0.08. The shipping company had revenue of $139.90 million for the quarter, compared to the consensus estimate of $144.54 million. Teekay Lng Partners had a return on equity of 12.35% and a net margin of 16.60%. The business's quarterly revenue was down 6.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.34 earnings per share. View Teekay Lng Partners' earnings history.

Teekay Lng Partners announced a quarterly dividend on Friday, April 17th. Shareholders 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 8.89%. The ex-dividend date of this dividend is Thursday, April 30th. This is a positive change from Teekay Lng Partners's previous quarterly dividend of $0.19. View Teekay Lng Partners' dividend history.

1 analysts have issued twelve-month target prices for Teekay Lng Partners' stock. Their forecasts range from $20.00 to $20.00. On average, they anticipate Teekay Lng Partners' share price to reach $20.00 in the next year. This suggests a possible upside of 77.8% from the stock's current price. View analysts' price targets for Teekay Lng Partners.

Media stories about TGP stock have trended very negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Teekay Lng Partners earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Teekay Lng Partners.

Teekay Lng Partners saw a increase in short interest in June. As of June 30th, there was short interest totaling 814,700 shares, an increase of 9.4% from the June 15th total of 744,900 shares. Based on an average daily trading volume, of 344,700 shares, the short-interest ratio is presently 2.4 days. Approximately 1.8% of the shares of the stock are short sold. View Teekay Lng Partners' Current Options Chain.

Some companies that are related to Teekay Lng Partners include Kirby (KEX), Carnival (CUK), Matson (MATX), Golar LNG (GLNG), Nordic American Tanker (NAT), Golden Ocean Group (GOGL), International Seaways (INSW), KNOT Offshore Partners (KNOP), Teekay Tankers (TNK), 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.

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).

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

Teekay Lng Partners' stock is owned by many different retail and institutional investors. Top institutional investors include O Keefe Stevens Advisory Inc. (0.28%) and Wiley BROS. Aintree Capital LLC (0.02%).

TGP stock was sold by a variety of institutional investors in the last quarter, including Wiley BROS. Aintree Capital LLC.

TGP stock was acquired by a variety of institutional investors in the last quarter, including 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 $11.25.

Teekay Lng Partners has a market capitalization of $871.98 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.

The official website for Teekay Lng Partners is 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]