Economy

Golar LNG Partners LP (GMLP) Set to Announce Quarterly Earnings on Tuesday

(NASDAQ:PPBI)'s shares may have a significant upside to the consensus target of 42.64, but how has it been performing relative to the market? Nordea upgraded the shares of GLNG in report on Wednesday, June 1 to "Buy" rating. This represents a $0.20 annualized dividend and a yield of 0.93%. Shares saw a steep increase in trading volume of 78.86% over the normal average daily volume.

Golar LNG Limited (NASDAQ:GLNG) last released its earnings results on Wednesday, August 30th.

Trading was heavy with 527K shares changing hands by the end of trading on Friday. The stock's market cap is $2.10 billion. The stock decreased 0.25% or $0.12 during the last trading session, reaching $47.53.

Short traders are more bullish on shares of the company lately if you pay attention to the change in short interest. Horizon Bancorp (NASDAQ:HBNC) has risen 57.87% since September 19, 2016 and is uptrending. It has outperformed by 19.75% the S&P500.

Since June 12, 2017, it had 0 insider buys, and 1 insider sale for $752,120 activity. Zacks Lowered stocks of Golar LNG Partners from a "hold" recommendation to a "sell" recommendation in a analysis note on Friday morning, Jun 2nd. As per Monday, October 3, the company rating was upgraded by ABN Amro. The firm has "Overweight" rating by PiperJaffray given on Thursday, October 6. Wynnefield holds 7.58% or 3.26M shares. The company had revenue of $28.41 million for the quarter, compared to analysts' expectations of $17.03 million. Keefe Bruyette & Woods maintained Horizon Bancorp (NASDAQ:HBNC) rating on Thursday, June 1.

Sell-side analysts are offering a consensus "Buy" rating on shares of Pacific Premier Bancorp, Inc. Piper Jaffray maintained Horizon Bancorp (NASDAQ:HBNC) on Friday, July 28 with "Buy" rating.

Investors sentiment increased to 1.47 in Q4 2016. Its up 2.09, from 2.67 in 2016Q3. The total value of its holdings increased 5.9%. 2 funds opened positions while 1 raised stakes. Dubuque State Bank And holds 0.06% or 12,825 shares. Kcg Hldgs Incorporated owns 0.01% invested in 1st Source Corporation (NASDAQ:SRCE) for 10,616 shares. Investors of record on Thursday, September 14th will be given a dividend of $0.05 per share. Minerva Advsr Ltd Llc invested 0.04% of its portfolio in MAM Software Group Inc. After $-0.51 actual EPS reported by Golar LNG Limited (USA) for the previous quarter, Wall Street now forecasts -31.37 % EPS growth. The shipping company reported ($0.51) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.40) by ($0.11). The total value of its holdings decreased 26.7%.

Golar LNG Limited's RSI is 44.52. Therefore 73% are positive. Analysts have placed a $33.23 price target on Golar LNG Limited, suggesting a 62.18% gain from recent close. The firm has "Buy" rating by Stifel Nicolaus given on Monday, August 21. ValuEngine downgraded Golar LNG Limited from a "hold" rating to a "sell" rating in a research note on Friday, September 1st. The correct version of this report can be viewed at https://www.truebluetribune.com/2017/09/18/cowen-and-company-reaffirms-outperform-rating-for-golar-lng-limited-glng.html. Citigroup has "Buy" rating and $26 target.

07/01/2016 - Golar LNG Limited was upgraded to "buy" by analysts at DNB Markets. Zacks Investment Research cut shares of Golar LNG Limited from a "hold" rating to a "sell" rating in a research note on Tuesday, May 9th.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.



Like this

Latest


21 September 2017
Guilty Plea In Bourbon Theft Case
All agreed to testify against Sean Searcy, the so-called mastermind and the only remaining suspect who still has to be prosecuted. Curtsinger worked at the Buffalo Trace Distillery in 2013, when multiple cases of rare Pappy Van Winkle were stolen.

21 September 2017
CBS Orders New Drama Series from Dick Wolf for 2018-19 Season
Wolf will executive-produce alongside Craig Turk ( The Good Wife ), Arthur W. Wolf is represented by WME and attorney Cliff Gilbert-Lurie.

21 September 2017
Seven Group Holdings swoops on 100% Coats Hire ownership
Coates Hire offers a range of products, including earthmoving and access equipment, across its over 200 branches Australia-wide. SGH had bought the other 46.7 per cent stake in Coates Hire in 2008.

21 September 2017
Washington Prime Group Inc (WPG) to Release Earnings on Thursday
BidaskClub downgraded Washington Prime Group from a "buy" rating to a "hold" rating in a research note on Friday, August 18th. A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward.

21 September 2017
Schnieders Capital Management LLC Boosts Position in US Bancorp (NYSE:USB)
With 184,000 avg volume, 2 days are for Evine Live Class A (NASDAQ:EVLV)'s short sellers to cover EVLV's short positions. RBC Capital Markets maintained it with "Sector Perform" rating and $19.0 target in Friday, January 22 report.

21 September 2017
Rafael Márquez regresa a entrenamientos tras acusaciones de vínculos con el narcotráfico
Según expertos, el ex futbolista del Barcelona podría tardar hasta dos años en demostrar la procedencia de todo su patrimonio. Mientras tanto, la buena noticia para Atlas es que ya estará entrenando junto con el resto del plantel rojinegro.

21 September 2017
Dave Matthews Band hosts free concert for Charlottesville
Oath, a subsidiary of Verizon, is a values-led company committed to building brands people love. The free livestream is being directed by Brett Ratner and co-produced by Oath Studios.

21 September 2017
Titans rule rookie WR Corey Davis out Week 3 with hamstring injury
Prior to the announcement, Davis was projected for 3.5 catches, 47.1 yards and 0.25 touchdowns on 6.5 targets this week. Mularkey also said that safety Johnathan Cyprien will not play this weekend.

21 September 2017
Google Close to Deal for Part of Smartphone Maker HTC
In a blog post , Osterloh says, "With this agreement, a team of HTC talent will join Google as part of the hardware organization". Some reports speculated that a deal with Google would be announced, based on previous information from sources.

21 September 2017
Non-citizens have been registering to vote in PA for years
Currently, the application process automatically asks those immigrants - via touch screen - if they want to register to vote. Non-citizens, living here legally, are allowed to drive but not vote, but Schmidt thinks they didn't realize that.