Wall Street brokerages expect Dynagas LNG Partners LP (NYSE:DLNG) to post earnings per share (EPS) of ($0.01) for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Dynagas LNG Partners’ earnings, with the highest EPS estimate coming in at $0.13 and the lowest estimate coming in at ($0.18). Dynagas LNG Partners posted earnings per share of $0.16 during the same quarter last year, which would indicate a negative year-over-year growth rate of 106.3%. The company is scheduled to announce its next quarterly earnings results on Thursday, February 21st.

According to Zacks, analysts expect that Dynagas LNG Partners will report full-year earnings of $0.34 per share for the current financial year, with EPS estimates ranging from $0.21 to $0.49. For the next financial year, analysts expect that the company will post earnings of $0.38 per share, with EPS estimates ranging from $0.19 to $0.62. Zacks’ EPS calculations are a mean average based on a survey of analysts that follow Dynagas LNG Partners.

Dynagas LNG Partners (NYSE:DLNG) last issued its quarterly earnings data on Thursday, November 15th. The shipping company reported $0.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.05). Dynagas LNG Partners had a return on equity of 8.93% and a net margin of 7.78%. The firm had revenue of $31.32 million during the quarter, compared to the consensus estimate of $30.82 million.

DLNG has been the subject of a number of recent analyst reports. B. Riley initiated coverage on shares of Dynagas LNG Partners in a research report on Friday, November 9th. They issued a “buy” rating and a $10.50 price objective for the company. Zacks Investment Research raised shares of Dynagas LNG Partners from a “sell” rating to a “hold” rating in a research report on Thursday, August 2nd. Maxim Group reaffirmed a “buy” rating on shares of Dynagas LNG Partners in a research report on Friday. ValuEngine downgraded shares of Dynagas LNG Partners from a “hold” rating to a “sell” rating in a research report on Friday. Finally, Berenberg Bank initiated coverage on shares of Dynagas LNG Partners in a research report on Thursday, September 6th. They issued a “hold” rating and a $9.00 price objective for the company. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $10.47.

DLNG stock traded down $0.63 during trading on Wednesday, reaching $6.06. The stock had a trading volume of 428,929 shares, compared to its average volume of 130,861. Dynagas LNG Partners has a one year low of $6.66 and a one year high of $13.97. The company has a debt-to-equity ratio of 3.19, a quick ratio of 2.81 and a current ratio of 2.81. The company has a market capitalization of $237.66 million, a price-to-earnings ratio of 8.19, a PEG ratio of 19.49 and a beta of 1.16.

The business also recently announced a quarterly dividend, which was paid on Friday, October 26th. Stockholders of record on Friday, October 19th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 16.50%. The ex-dividend date was Thursday, October 18th. Dynagas LNG Partners’s dividend payout ratio is currently 135.14%.

About Dynagas LNG Partners

Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The company owns and operates liquefied natural gas (LNG) carriers. As of March 9, 2018, its fleet consisted of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters.

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