Höegh LNG Partners LP is an oil & gas midstream business based in the US. Höegh LNG Partners shares (HMLP) are listed on the NYSE and all prices are listed in US Dollars.
How to buy shares in Höegh LNG Partners
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- Research the stock. Find the stock by name or ticker symbol – HMLP – and research it before deciding if it's a good investment for you.
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- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
Höegh LNG Partners stock price (NYSE: HMLP)Use our graph to track the performance of HMLP stocks over time.
Höegh LNG Partners shares at a glance
|Latest market close||$16.68|
|52-week range||$9.04 - $18.17|
|50-day moving average||$17.27|
|200-day moving average||$16.18|
|Wall St. target price||$17.50|
|Dividend yield||$1.76 (27.94%)|
|Earnings per share (TTM)||$1.99|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Höegh LNG Partners stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Höegh LNG Partners price performance over time
|1 week (2021-07-24)||N/A|
|1 month (2021-07-02)||-7.64%|
|3 months (2021-05-04)||-4.30%|
|6 months (2021-01-31)||N/A|
|1 year (2020-07-31)||N/A|
|2 years (2019-07-31)||N/A|
|3 years (2018-07-31)||N/A|
|5 years (2016-07-31)||N/A|
Is Höegh LNG Partners under- or over-valued?
Valuing Höegh LNG Partners stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Höegh LNG Partners's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Höegh LNG Partners's P/E ratio
Höegh LNG Partners's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Höegh LNG Partners shares trade at around 3x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Höegh LNG Partners's PEG ratio
Höegh LNG Partners's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.44. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Höegh LNG Partners's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Höegh LNG Partners's EBITDA
Höegh LNG Partners's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $107.8 million.
The EBITDA is a measure of a Höegh LNG Partners's overall financial performance and is widely used to measure a its profitability.
Höegh LNG Partners financials
|Revenue TTM||$141.2 million|
|Operating margin TTM||60.58%|
|Gross profit TTM||$119 million|
|Return on assets TTM||5.4%|
|Return on equity TTM||16.48%|
|Market capitalisation||$188.2 million|
TTM: trailing 12 months
Shorting Höegh LNG Partners shares
There are currently 225,493 Höegh LNG Partners shares held short by investors – that's known as Höegh LNG Partners's "short interest". This figure is 42.5% up from 158,198 last month.
There are a few different ways that this level of interest in shorting Höegh LNG Partners shares can be evaluated.
Höegh LNG Partners's "short interest ratio" (SIR)
Höegh LNG Partners's "short interest ratio" (SIR) is the quantity of Höegh LNG Partners shares currently shorted divided by the average quantity of Höegh LNG Partners shares traded daily (recently around 100219.11111111). Höegh LNG Partners's SIR currently stands at 2.25. In other words for every 100,000 Höegh LNG Partners shares traded daily on the market, roughly 2250 shares are currently held short.
However Höegh LNG Partners's short interest can also be evaluated against the total number of Höegh LNG Partners shares, or, against the total number of tradable Höegh LNG Partners shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Höegh LNG Partners's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Höegh LNG Partners shares in existence, roughly 10 shares are currently held short) or 0.0129% of the tradable shares (for every 100,000 tradable Höegh LNG Partners shares, roughly 13 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Höegh LNG Partners.
Find out more about how you can short Höegh LNG Partners stock.
Höegh LNG Partners share dividends
Dividend payout ratio: 82.71% of net profits
Recently Höegh LNG Partners has paid out, on average, around 82.71% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 23.58% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Höegh LNG Partners shareholders could enjoy a 23.58% return on their shares, in the form of dividend payments. In Höegh LNG Partners's case, that would currently equate to about $1.76 per share.
Höegh LNG Partners's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Höegh LNG Partners's most recent dividend payout was on 13 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 4 August 2021 (the "ex-dividend date").
Höegh LNG Partners share price volatility
Over the last 12 months, Höegh LNG Partners's shares have ranged in value from as little as $9.0403 up to $18.17. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Höegh LNG Partners's is 1.8384. This would suggest that Höegh LNG Partners's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Höegh LNG Partners overview
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, 2021, it had a fleet of five FSRUs. Höegh LNG GP LLC is the general partner of the company. The company was incorporated in 2014 and is headquartered in Hamilton, Bermuda. Höegh LNG Partners LP is a subsidiary of Höegh LNG Holdings Ltd. .
Höegh LNG Partners in the news
Cash Dividend On The Way From Hoegh LNG Partners (HMLP)
HMLP ALERT - Shareholder Rights Firm Labaton Sucharow is Investigating Höegh LNG Partners LP (NYSE:HMLP) for Potential Securities Violations and Breach of Fiduciary Duty
Investigation Alert: Bernstein Litowitz Berger & Grossmann LLP Announces Investigation of Höegh LNG Partners LP and Encourages Investors to Contact the Firm
Frequently asked questionsWhat percentage of Höegh LNG Partners is owned by insiders or institutions?
Currently 47.261% of Höegh LNG Partners shares are held by insiders and 19.576% by institutions. When does the fiscal year end for Höegh LNG Partners?
Höegh LNG Partners's fiscal year ends in December. Where is Höegh LNG Partners based?
Höegh LNG Partners's address is: Canon?s Court, Hamilton, Bermuda, HM 12 What is Höegh LNG Partners's ISIN number?
Höegh LNG Partners's international securities identification number is: MHY3262R1009 What is Höegh LNG Partners's CUSIP number?
Höegh LNG Partners's Committee on Uniform Securities Identification Procedures number is: Y3262R100
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