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).
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