News stories about Hoegh LNG Partners (NYSE:HMLP) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Hoegh LNG Partners earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news articles about the shipping company an impact score of 46.0664106626583 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
Shares of Hoegh LNG Partners traded up $0.30, hitting $17.80, during trading hours on Thursday, according to MarketBeat.com. The company had a trading volume of 1,000 shares, compared to its average volume of 128,388. Hoegh LNG Partners has a 52-week low of $17.30 and a 52-week high of $17.55. The firm has a market cap of $574.01 million, a PE ratio of 13.09, a P/E/G ratio of 0.85 and a beta of 0.91. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.73 and a quick ratio of 0.72.
Hoegh LNG Partners (NYSE:HMLP) last released its quarterly earnings data on Wednesday, February 28th. The shipping company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.34 by $0.23. Hoegh LNG Partners had a return on equity of 10.71% and a net margin of 33.99%. The company had revenue of $37.60 million during the quarter, compared to the consensus estimate of $36.21 million. The firm’s revenue was up 61.4% compared to the same quarter last year. sell-side analysts anticipate that Hoegh LNG Partners will post 1.53 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 15th. Investors of record on Friday, May 4th were issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 9.89%. This is an increase from Hoegh LNG Partners’s previous quarterly dividend of $0.43. The ex-dividend date was Thursday, May 3rd. Hoegh LNG Partners’s dividend payout ratio (DPR) is presently 129.41%.
Several equities analysts have recently issued reports on HMLP shares. Zacks Investment Research raised Hoegh LNG Partners from a “sell” rating to a “hold” rating and set a $19.00 price target for the company in a research report on Monday, February 26th. Bank of America lowered their price target on Hoegh LNG Partners from $21.00 to $20.00 and set a “buy” rating for the company in a research report on Friday, March 2nd. Morgan Stanley lowered their price target on Hoegh LNG Partners from $20.50 to $20.00 and set an “overweight” rating for the company in a research report on Monday, February 12th. Finally, ValuEngine lowered Hoegh LNG Partners from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $20.60.
About Hoegh LNG Partners
Höegh LNG Partners LP focuses on owning, operating, and acquiring floating storage and regasification units (FSRUs), liquefied natural gas (LNG) carriers, and other LNG infrastructure assets under long-term charters. The company also offers ship management services. As of March 31, 2017, it had a fleet of five FSRUs.
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