Global Partners

GLP

Market cap $1.53B

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (the “Partnership”) today announced that the Board of Directors (the “Board”) of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.59375 per unit ($2.375 per unit on an annualized basis) on the Partnership's 9.50% fixed-rate Series B preferred units for the period from February 15, 2026 through May 14, 2026. The distribution will be paid on May 15, 2026 to Series B preferred unitholders of record.

Dividend raises mean something right now. These are companies saying that they are going to make more money in the year ahead in the face of everything that is happening around the globe.

Global Partners (GLP) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Global Partners LP remains a Strong Buy, offering a resilient business model, robust yield, and trading at a discount to intrinsic value. GLP's distribution yield stands at ~6.76% today, with 17 consecutive quarterly hikes, well-covered by distributable cash flow and growth supported by ongoing terminal portfolio expansion. Despite macro headwinds and geopolitical risks, GLP maintains solid financials, aggressive CAPEX plans, and a well-structured debt schedule, positioning itself for long-term growth.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Global Partners (GLP) possesses solid growth attributes, which could help it handily outperform the market.

Global Partners LP's COO disposed of 15,611 common units for a total value of approximately $740,000 at a weighted average price of $47.38 per unit across three trading days ending March 18, 2026. Current geopolitical tensions threaten retail gas supply, in which Global Partners has a strong presence.

Global Partners (GLP.PR.B) preferred stock offers a 9.3% yield with a wide margin of safety despite recent geopolitical turmoil. GLP's resilient business model, demonstrated during past oil price shocks, supports continued preferred dividend stability even amid the Iran conflict. Call risk remains elevated as lower interest rates incentivize GLP to redeem preferred shares when callable in May 2026.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.