News stories about Hoegh LNG Partners (NYSE:HMLP) have been trending somewhat positive on Tuesday, according to Accern. Accern scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hoegh LNG Partners earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the shipping company an impact score of 47.0689689583081 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Hoegh LNG Partners stock traded down $0.20 during mid-day trading on Tuesday, hitting $18.75. The company’s stock had a trading volume of 3,962 shares, compared to its average volume of 155,077. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 1.10. The company has a market capitalization of $626.94 million, a PE ratio of 13.75, a P/E/G ratio of 0.80 and a beta of 0.92. Hoegh LNG Partners has a 12 month low of $15.32 and a 12 month high of $19.85.

Hoegh LNG Partners (NYSE:HMLP) last posted its quarterly earnings results on Thursday, August 23rd. The shipping company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.13. The business had revenue of $36.61 million during the quarter, compared to the consensus estimate of $36.19 million. Hoegh LNG Partners had a net margin of 46.62% and a return on equity of 14.66%. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.30 earnings per share. equities analysts expect that Hoegh LNG Partners will post 1.67 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 14th. Shareholders of record on Thursday, August 2nd were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 9.39%. The ex-dividend date of this dividend was Wednesday, August 1st. Hoegh LNG Partners’s dividend payout ratio is presently 129.41%.

HMLP has been the subject of a number of recent research reports. ValuEngine lowered shares of Hoegh LNG Partners from a “hold” rating to a “sell” rating in a research note on Thursday, August 2nd. Zacks Investment Research lowered shares of Hoegh LNG Partners from a “buy” rating to a “hold” rating in a research note on Wednesday, August 1st. DNB Markets lowered shares of Hoegh LNG Partners from a “buy” rating to a “hold” rating in a research note on Friday, August 3rd. BTIG Research initiated coverage on shares of Hoegh LNG Partners in a research note on Wednesday, July 18th. They issued a “neutral” rating for the company. Finally, B. Riley set a $21.00 price objective on shares of Hoegh LNG Partners and gave the company a “buy” rating in a research note on Saturday, June 9th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $20.25.

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, 2018, it had a fleet of five FSRUs.

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