FreeSeas (OTCMKTS:FREEF) and Golar LNG Partners (NASDAQ:GMLP) are both industrials companies, but which is the better business? We will compare the two companies based on the strength of their dividends, institutional ownership, profitability, earnings, analyst recommendations, valuation and risk.
Golar LNG Partners pays an annual dividend of $1.62 per share and has a dividend yield of 12.5%. FreeSeas does not pay a dividend. Golar LNG Partners pays out 154.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Institutional and Insider Ownership
33.6% of Golar LNG Partners shares are held by institutional investors. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Valuation & Earnings
This table compares FreeSeas and Golar LNG Partners’ revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Golar LNG Partners||$346.65 million||2.67||$73.19 million||$1.05||12.34|
Golar LNG Partners has higher revenue and earnings than FreeSeas.
This table compares FreeSeas and Golar LNG Partners’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Golar LNG Partners||21.11%||10.33%||3.22%|
This is a breakdown of current ratings and recommmendations for FreeSeas and Golar LNG Partners, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Golar LNG Partners||1||6||2||0||2.11|
Golar LNG Partners has a consensus price target of $15.17, suggesting a potential upside of 17.03%. Given Golar LNG Partners’ higher probable upside, analysts clearly believe Golar LNG Partners is more favorable than FreeSeas.
Golar LNG Partners beats FreeSeas on 8 of the 9 factors compared between the two stocks.
FreeSeas Company Profile
FreeSeas Inc., a drybulk shipping company, engages in the transportation of drybulk cargoes. The company transports various drybulk commodities, including iron ore, grain, and coal, as well as bauxite, phosphate, fertilizers, steel products, cement, sugar, and rice. It owns and operates a handysize dry bulk carrier. As of April 20, 2018, it operated one handysize drybulk carrier with a capacity of approximately 30,838 deadweight tons. The company was formerly known as Adventure Holdings S.A. and changed its name to FreeSeas Inc. in April 2005. FreeSeas Inc. was founded in 2004 and is based in Athens, Greece.
Golar LNG Partners Company Profile
Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters in Brazil, Indonesia, Jordan, Kuwait, and the United Arab Emirates. As of April 6, 2018, it had a fleet of six FSRUs and four LNG carriers. Golar GP LLC serves as the general partner of Golar LNG Partners LP. The company was founded in 2007 and is headquartered in Hamilton, Bermuda. Golar LNG Partners LP is a subsidiary of Golar LNG Limited.
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