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 declared a quarterly dividend on Monday, January 20th. Investors 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 annualized dividend and a yield of 5.43%. The ex-dividend date is Thursday, January 30th. View Teekay Lng Partners' Dividend History.

Teekay Lng Partners, L.P. (NYSE:TGP) issued its quarterly earnings data on Wednesday, November, 13th. The shipping company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.06. The shipping company earned $149.70 million during the quarter, compared to analysts' expectations of $167.28 million. Teekay Lng Partners had a return on equity of 9.24% and a net margin of 15.72%. Teekay Lng Partners's quarterly revenue was up 21.4% compared to the same quarter last year. During the same period 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 20th 2020. View Earnings Estimates for Teekay Lng Partners.

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

1 brokers have issued twelve-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 twelve months. This suggests a possible upside of 42.9% 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 somewhat negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Teekay Lng Partners earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news stories about the shipping company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Teekay Lng Partners.

Teekay Lng Partners saw a increase in short interest in 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 trading volume, of 263,100 shares, the short-interest ratio is presently 1.0 days. Approximately 0.5% of the company's stock are sold short. 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 Tankers (TNK), Teekay Offshore Partners (TOO), Tidewater (TDW), GasLog (GLOG), Nordic American Tanker (NAT), GasLog Partners LP Unit (GLOP), Golar LNG Partners (GMLP), Hoegh LNG Partners (HMLP), 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%) 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 acquired by a variety of institutional investors in the last quarter, including 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 $14.00.

Teekay Lng Partners has a market capitalization of $1.09 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]