News headlines about Boardwalk Pipeline Partners (NYSE:BWP) have trended positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Boardwalk Pipeline Partners earned a news impact score of 0.30 on Accern’s scale. Accern also assigned media headlines about the pipeline company an impact score of 46.0085774839054 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern’s scoring:
Boardwalk Pipeline Partners (NYSE BWP) traded down $0.39 during trading hours on Monday, reaching $13.26. The company’s stock had a trading volume of 833,293 shares, compared to its average volume of 849,209. The company has a market cap of $3,416.54, a P/E ratio of 9.96 and a beta of 0.72. Boardwalk Pipeline Partners has a 52 week low of $12.82 and a 52 week high of $18.95. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.77.
Boardwalk Pipeline Partners (NYSE:BWP) last posted its earnings results on Monday, October 30th. The pipeline company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.26 by $0.01. The firm had revenue of $300.50 million for the quarter, compared to analysts’ expectations of $324.85 million. Boardwalk Pipeline Partners had a return on equity of 7.55% and a net margin of 22.50%. The firm’s revenue was down .9% compared to the same quarter last year. During the same period last year, the firm earned $0.19 EPS. analysts anticipate that Boardwalk Pipeline Partners will post 1.41 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Thursday, November 16th. Investors of record on Thursday, November 9th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend was Wednesday, November 8th. Boardwalk Pipeline Partners’s payout ratio is 33.90%.
A number of research analysts have recently issued reports on BWP shares. BidaskClub lowered Boardwalk Pipeline Partners from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 9th. ValuEngine lowered Boardwalk Pipeline Partners from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Royal Bank Of Canada reaffirmed a “hold” rating and set a $18.00 price objective on shares of Boardwalk Pipeline Partners in a report on Wednesday, September 6th. UBS reaffirmed a “buy” rating and set a $18.00 price objective (down previously from $22.00) on shares of Boardwalk Pipeline Partners in a report on Wednesday, October 4th. Finally, Zacks Investment Research lowered Boardwalk Pipeline Partners from a “hold” rating to a “sell” rating in a report on Friday, October 20th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $20.50.
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Boardwalk Pipeline Partners Company Profile
Boardwalk Pipeline Partners, LP is a limited partnership company. The Company’s business includes integrated natural gas and natural gas liquids, and other hydrocarbons (referred to together as NGLs) pipeline and storage systems. The Company is engaged in the operation of interstate natural gas and NGLs pipeline systems, and integrated storage facilities, including interstate natural gas pipeline systems located in the Gulf Coast region, Oklahoma, Arkansas and the Midwestern states of Tennessee, Kentucky, Illinois, Indiana and Ohio, and its NGLs pipelines and storage facilities in Louisiana and Texas.
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