Global Partners (GLP) Projected to Post Earnings on Friday

Global Partners (NYSE:GLP) is expected to release its Q1 2026 results before the market opens on Friday, May 8th. Analysts expect Global Partners to post earnings of $0.33 per share and revenue of $6.9762 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Friday, May 8, 2026 at 10:00 AM ET.

Global Partners (NYSE:GLP) last released its earnings results on Friday, February 27th. The energy company reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.06). Global Partners had a net margin of 0.53% and a return on equity of 15.99%. The company had revenue of $4.65 billion for the quarter, compared to analyst estimates of $6.94 billion. On average, analysts expect Global Partners to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Global Partners Stock Down 0.9%

Shares of Global Partners stock traded down $0.42 during trading on Wednesday, reaching $48.09. 17,168 shares of the company traded hands, compared to its average volume of 44,184. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.63. Global Partners has a 1-year low of $39.58 and a 1-year high of $56.51. The company has a 50 day moving average price of $46.59 and a 200-day moving average price of $45.20. The firm has a market capitalization of $1.64 billion, a PE ratio of 22.79 and a beta of 1.04.

Global Partners Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Monday, May 11th will be given a dividend of $0.765 per share. This represents a $3.06 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date is Monday, May 11th. This is a boost from Global Partners’s previous quarterly dividend of $0.76. Global Partners’s dividend payout ratio is presently 144.08%.

Wall Street Analysts Forecast Growth

GLP has been the topic of several research reports. Weiss Ratings restated a “hold (c)” rating on shares of Global Partners in a report on Friday, March 27th. Zacks Research upgraded shares of Global Partners from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. Stifel Nicolaus upped their price objective on shares of Global Partners from $45.00 to $46.00 and gave the stock a “hold” rating in a report on Monday, March 2nd. Finally, Wall Street Zen upgraded shares of Global Partners from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Global Partners presently has an average rating of “Moderate Buy” and a consensus price target of $46.00.

Insider Activity

In other news, COO Mark Romaine sold 2,020 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $48.19, for a total value of $97,343.80. Following the completion of the sale, the chief operating officer owned 141,609 shares in the company, valued at $6,824,137.71. This represents a 1.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last three months, insiders have sold 24,063 shares of company stock valued at $1,146,471. Corporate insiders own 41.50% of the company’s stock.

Hedge Funds Weigh In On Global Partners

Several institutional investors have recently added to or reduced their stakes in the stock. Garton & Associates Financial Advisors LLC bought a new position in Global Partners during the fourth quarter valued at about $29,000. Susquehanna Portfolio Strategies LLC grew its position in Global Partners by 14.6% during the fourth quarter. Susquehanna Portfolio Strategies LLC now owns 4,898 shares of the energy company’s stock valued at $205,000 after buying an additional 625 shares during the period. Osaic Holdings Inc. grew its position in Global Partners by 63.1% during the fourth quarter. Osaic Holdings Inc. now owns 9,788 shares of the energy company’s stock valued at $410,000 after buying an additional 3,788 shares during the period. Mariner LLC bought a new position in Global Partners during the fourth quarter valued at about $351,000. Finally, Smartleaf Asset Management LLC bought a new position in Global Partners during the fourth quarter valued at about $85,000. Institutional investors own 38.12% of the company’s stock.

Global Partners Company Profile

Global Partners LP is a publicly traded master limited partnership engaged in the wholesale distribution and retail marketing of petroleum products. The company sources refined petroleum products from major refineries and suppliers and transports them through an integrated network of pipelines, terminals and storage facilities. Global Partners focuses on delivering fuel and related services to commercial, industrial and residential customers, positioning itself as a key midstream and downstream energy operator in its core markets.

Through its extensive terminal network in the northeastern United States and eastern Canada, Global Partners supplies gasoline, diesel, home heating oil, kerosene, propane and biofuels to a broad customer base.