Dynagas LNG Partners (DLNG) Earns Daily News Impact Score of 0.24
Media headlines about Dynagas LNG Partners (NYSE:DLNG) have been trending somewhat positive this week, AlphaOne Sentiment reports. AlphaOne, a service of Accern, scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Dynagas LNG Partners earned a media sentiment score of 0.24 on AlphaOne’s scale. AlphaOne also gave news articles about the shipping company an impact score of 80 out of 100, meaning that recent media coverage is likely to have an effect on the company’s share price in the next few days.
Several analysts recently commented on DLNG shares. Stifel Nicolaus raised their price objective on shares of Dynagas LNG Partners from $18.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, April 6th. Zacks Investment Research cut shares of Dynagas LNG Partners from a “hold” rating to a “sell” rating in a research report on Tuesday, May 2nd. Finally, Clarkson Capital cut shares of Dynagas LNG Partners from a “buy” rating to a “neutral” rating and set a $17.00 target price for the company. in a research report on Wednesday, March 1st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. Dynagas LNG Partners has a consensus rating of “Hold” and an average target price of $16.58.
Dynagas LNG Partners (NYSE:DLNG) opened at 16.01 on Friday. The stock has a 50 day moving average of $16.97 and a 200-day moving average of $16.06. The firm has a market cap of $568.76 million, a price-to-earnings ratio of 9.46 and a beta of 1.21. Dynagas LNG Partners has a 52-week low of $12.40 and a 52-week high of $17.93.
Dynagas LNG Partners (NYSE:DLNG) last released its earnings results on Monday, February 27th. The shipping company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.02. Dynagas LNG Partners had a return on equity of 21.28% and a net margin of 40.01%. The company had revenue of $41.39 million for the quarter, compared to analyst estimates of $41.52 million. On average, analysts expect that Dynagas LNG Partners will post $1.35 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 28th. Investors of record on Friday, April 21st were given a dividend of $0.4225 per share. The ex-dividend date was Wednesday, April 19th. This represents a $1.69 annualized dividend and a dividend yield of 10.56%. Dynagas LNG Partners’s dividend payout ratio is currently 101.20%.
About Dynagas LNG Partners
Dynagas LNG Partners LP is a limited partnership, which focuses on owning and operating liquid natural gas (LNG) carriers. The Company’s vessels are employed on multi-year time charters with international energy companies. As of December 31, 2016, the Company owned and operated a fleet of six LNG carriers, consisting of the three LNG carriers in its Initial Fleet, the Clean Energy, the Ob River and the Amur River, and three 2013-built Ice Class LNG carriers that the Company acquired from its Sponsor the Arctic Aurora, the Yenisei River, and the Lena River (collectively referred as its Fleet).