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How to buy Höegh LNG Partners (HMLP) stocks in Canada

Learn how to easily invest in Höegh LNG Partners stocks.

Höegh LNG Partners is an oil & gas midstream business based in the US. Höegh LNG Partners stocks (HMLP.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $17.48 – a decrease of 1.79% over the previous week. Höegh LNG Partners employs 0 staff and has a trailing 12-month revenue of around $141.1 million.

How to buy shares in Höegh LNG Partners

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. 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.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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.

How has Coronavirus impacted Höegh LNG Partners's stock price?

Since the stock market crash in March caused by coronavirus, Höegh LNG Partners's stock price has had significant negative movement.

Its last market close was $4.4, which is 65.11% down on its pre-crash value of $12.61 and 6.14% down on the lowest point reached during the March crash when the stocks fell as low as $4.67.

If you had bought $1,000 worth of Höegh LNG Partners stocks at the start of February 2020, those stocks would have been worth $357.66 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $308.57.

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

Information last updated 2022-01-17.
Latest market close$4.40
52-week range$3.77 - $18.10
50-day moving average $4.43
200-day moving average $9.54
Wall St. target price$8.94
PE ratio 3.1841
Dividend yield $0.9 (20.09%)
Earnings per share (TTM) $1.41

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Höegh LNG Partners price performance over time

Historical closes compared with the close of $4.4 from 2022-01-18

1 week (2022-01-12) 0.46%
1 month (2021-12-17) 0.46%
3 months (2021-10-19) -17.76%
6 months (2021-07-19) -73.62%
1 year (2021-01-19) -73.09%
2 years (2020-01-17) -72.99%
3 years (2019-01-18) 17.61
5 years (2017-01-19) 19

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 $105.7 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 $141.1 million
Operating margin TTM 59.42%
Gross profit TTM $119 million
Return on assets TTM 5.3%
Return on equity TTM 12.46%
Profit margin 44.18%
Book value $10.12
Market capitalisation $149.5 million

TTM: trailing 12 months

Höegh LNG Partners share dividends

32%

Dividend payout ratio: 31.8% of net profits

Recently Höegh LNG Partners has paid out, on average, around 31.8% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 20.09% 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 20.09% return on their shares, in the form of dividend payments. In Höegh LNG Partners's case, that would currently equate to about $0.9 per share.

While Höegh LNG Partners's payout ratio might seem fairly standard, it's worth remembering that Höegh LNG Partners may be investing much of the rest of its net profits in future growth.

Höegh LNG Partners's most recent dividend payout was on 14 February 2022. The latest dividend was paid out to all shareholders who bought their shares by 25 January 2022 (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 $3.77 up to $18.0964. A popular way to gauge a stock's volatility is its "beta".

HMLP.US volatility(beta: 1.58)Avg. volatility(beta: 1.00)LowHigh

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 1.5788. 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. .

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