S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20

Teekay LNG Partners Stock Forecast, Price & News

-0.01 (-0.06%)
(As of 11/26/2021 04:00 PM ET)
Today's Range
50-Day Range
52-Week Range
624,600 shs
Average Volume
427,189 shs
Market Capitalization
$1.47 billion
P/E Ratio
Dividend Yield
30 days | 90 days | 365 days | Advanced Chart
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Teekay LNG Partners logo

About Teekay LNG Partners

Teekay LNG Partners LP provides marine transportation services for liquefied natural gas, liquefied petroleum gas and crude oil. It operates through the following segments: LNG, LPG and conventional tanker. The company was founded on November 3, 2004 and is headquartered in Hamilton, Bermuda.


Teekay LNG Partners Reports Third Quarter 2021 Results
November 4, 2021 |  finance.yahoo.com
Stonepeak to buy Teekay LNG for $6.2 billion
October 4, 2021 |  nasdaq.com
See More Headlines

Industry, Sector and Symbol

Water transportation
Year Founded

Sales & Book Value

Annual Sales
$591.10 million
Cash Flow
$4.22 per share
Book Value
$18.70 per share


Net Income
$87.36 million
Pretax Margin




Free Float
Market Cap
$1.47 billion

Company Calendar

Last Earnings
Dividend Payable
Fiscal Year End
Next Earnings (Estimated)

Social Links


Overall MarketRank

2.17 out of 5 stars

Transportation Sector

71st out of 172 stocks

Water Transportation Industry

10th out of 25 stocks

Analyst Opinion: 1.0Community Rank: 4.0Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Teekay LNG Partners (NYSE:TGP) Frequently Asked Questions

Is Teekay LNG Partners a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Teekay LNG Partners in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Teekay LNG Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TGP, but not buy additional shares or sell existing shares.
View analyst ratings for Teekay LNG Partners
or view top-rated stocks.

How has Teekay LNG Partners' stock price been impacted by Coronavirus (COVID-19)?

Teekay LNG Partners' stock was trading at $10.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TGP stock has increased by 56.7% and is now trading at $16.88.
View which stocks have been most impacted by COVID-19

Are investors shorting Teekay LNG Partners?

Teekay LNG Partners saw a drop in short interest in October. As of October 29th, there was short interest totaling 908,700 shares, a drop of 16.6% from the October 14th total of 1,090,000 shares. Based on an average daily volume of 950,700 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.8% of the shares of the stock are short sold.
View Teekay LNG Partners' Short Interest

When is Teekay LNG Partners' next earnings date?

Teekay LNG Partners is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
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 data on Thursday, November, 4th. The shipping company reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.56 by $0.02. The shipping company earned $146.60 million during the quarter, compared to the consensus estimate of $143.97 million. Teekay LNG Partners had a net margin of 40.35% and a trailing twelve-month return on equity of 14.90%. The firm's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.59 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 Monday, October 18th. Investors of record on Friday, November 5th will be paid a dividend of $0.2875 per share on Friday, November 12th. This represents a $1.15 dividend on an annualized basis and a yield of 6.81%. The ex-dividend date is Thursday, November 4th. This is a boost from Teekay LNG Partners's previous quarterly dividend of $0.29.
View Teekay LNG Partners' dividend history

Is Teekay LNG Partners a good dividend stock?

Teekay LNG Partners pays an annual dividend of $1.15 per share and currently has a dividend yield of 6.81%. TGP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Teekay LNG Partners has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Teekay LNG Partners is 46.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Teekay LNG Partners will have a dividend payout ratio of 46.75% next year. This indicates that Teekay LNG Partners will be able to sustain or increase its dividend.
View Teekay LNG Partners' dividend history.

What price target have analysts set for TGP?

4 analysts have issued 1-year price objectives for Teekay LNG Partners' shares. Their forecasts range from $15.03 to $17.00. On average, they anticipate Teekay LNG Partners' stock price to reach $16.34 in the next twelve months. This suggests that the stock has a possible downside of 3.2%.
View analysts' price targets for Teekay LNG Partners
or view top-rated stocks among Wall Street analysts.

Who are Teekay LNG Partners' key executives?

Teekay LNG Partners' management team includes the following people:
  • Mark Kremin, President & Chief Executive Officer
  • Iain Relf, Vice President-LNG Operations
  • Scott Gayton, Chief Financial Officer
  • Ryan J. Hamilton, Investor Relations Contact
  • N. Angelique Burgess, Secretary

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 (ET), Enterprise Products Partners (EPD), AT&T (T), JinkoSolar (JKS), Nordic American Tankers (NAT), Verizon Communications (VZ), Main Street Capital (MAIN), PhenixFIN (MCC), BlackRock (BLK) and CA (CA).

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 investors include Beach Investment Counsel Inc. PA (2.50%), Invesco Ltd. (1.90%), Morgan Stanley (0.57%), Cobalt Capital Management Inc. (0.55%), O Keefe Stevens Advisory Inc. (0.50%) and Evergreen Capital Management LLC (0.39%).

Which major investors are selling Teekay LNG Partners stock?

TGP stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Thornburg Investment Management Inc., Invesco Ltd., Renaissance Technologies LLC, NBW Capital LLC, Cobalt Capital Management Inc., Neuberger Berman Group LLC, and Royal Bank of Canada.

Which major investors are buying Teekay LNG Partners stock?

TGP stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Goldman Sachs Group Inc., Raymond James & Associates, Morgan Stanley, Two Sigma Investments LP, Wolverine Trading LLC, Franklin Resources Inc., and Evergreen Capital Management LLC.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Teekay LNG Partners' stock price today?

One share of TGP stock can currently be purchased for approximately $16.88.

How much money does Teekay LNG Partners make?

Teekay LNG Partners has a market capitalization of $1.47 billion and generates $591.10 million in revenue each year. The shipping company earns $87.36 million in net income (profit) each year or $2.45 on an earnings per share basis.

How many employees does Teekay LNG Partners have?

Teekay LNG Partners employs 2,100 workers across the globe.

When was Teekay LNG Partners founded?

Teekay LNG Partners was founded in 1973.

What is Teekay LNG Partners' official website?

The official website for Teekay LNG Partners is www.teekay.com.

Where are Teekay LNG Partners' headquarters?

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, via email at [email protected], or via fax at 441-292-3931.

This page was last updated on 11/27/2021 by MarketBeat.com Staff


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