Dynagas LNG Partners (DLNG) to Release Quarterly Earnings on Thursday

Dynagas LNG Partners (NYSE:DLNG) is scheduled to announce its earnings results after the market closes on Thursday, February 15th. Analysts expect the company to announce earnings of $0.19 per share for the quarter.

Dynagas LNG Partners (NYSE:DLNG) last posted its earnings results on Tuesday, December 5th. The shipping company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.02). Dynagas LNG Partners had a net margin of 18.63% and a return on equity of 15.57%. On average, analysts expect Dynagas LNG Partners to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Dynagas LNG Partners (DLNG) opened at $10.83 on Tuesday. The company has a current ratio of 2.95, a quick ratio of 2.95 and a debt-to-equity ratio of 2.78. The company has a market capitalization of $547.03, a P/E ratio of 13.37 and a beta of 1.14. Dynagas LNG Partners has a 52-week low of $10.49 and a 52-week high of $17.93.

The company also recently announced a quarterly dividend, which was paid on Thursday, January 18th. Stockholders of record on Thursday, January 11th were given a dividend of $0.4225 per share. The ex-dividend date was Wednesday, January 10th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 15.60%. Dynagas LNG Partners’s dividend payout ratio is currently 208.64%.

A number of analysts recently issued reports on DLNG shares. Jefferies Group restated a “buy” rating on shares of Dynagas LNG Partners in a research report on Tuesday, October 31st. Zacks Investment Research downgraded Dynagas LNG Partners from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. ValuEngine upgraded Dynagas LNG Partners from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Stifel Nicolaus restated a “buy” rating and issued a $17.00 price target on shares of Dynagas LNG Partners in a research report on Wednesday, December 6th. Finally, Maxim Group restated a “buy” rating and issued a $15.00 price target (down from $18.00) on shares of Dynagas LNG Partners in a research report on Thursday, December 14th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $14.70.

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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).

Earnings History for Dynagas LNG Partners (NYSE:DLNG)

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