NYSE:TGPTeekay Lng Partners Stock Price, Forecast & News

Teekay Lng Partners' stock was trading at $10.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TGP stock has increased by 2.1% and is now trading at $11.00. 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) released its earnings results on Thursday, May, 21st. The shipping company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by $0.08. The shipping company had revenue of $139.90 million for the quarter, compared to analyst estimates of $144.54 million. Teekay Lng Partners had a net margin of 16.60% and a return on equity of 12.35%. The firm'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.

Teekay Lng Partners declared a quarterly dividend on Friday, April 17th. Investors 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 dividend on an annualized basis and a yield of 9.09%. 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 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 81.8% from the stock's current price. View analysts' price targets for Teekay Lng Partners.

News stories about TGP stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Teekay Lng Partners earned a coverage optimism score of -2.3 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 near future. View the latest news about Teekay Lng Partners.

Teekay Lng Partners saw a increase in short interest in the month of 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 volume of 344,700 shares, the short-interest ratio is currently 2.4 days. Approximately 1.8% of the company's shares are sold short. 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), KNOT Offshore Partners (KNOP), International Seaways (INSW), Teekay Tankers (TNK), Hoegh LNG Partners (HMLP), GasLog (GLOG), Tidewater (TDW), GasLog Partners LP Unit (GLOP), 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 a variety of retail and institutional investors. Top institutional shareholders 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 purchased 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 $11.00.

Teekay Lng Partners has a market capitalization of $852.60 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]