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

Dynagas LNG Partners (NYSE:DLNG) is expected to be posting its quarterly earnings results before the market opens on Thursday, March 27th. Analysts expect Dynagas LNG Partners to post earnings of $0.28 per share and revenue of $38.34 million for the quarter.

Dynagas LNG Partners (NYSE:DLNG) last issued its quarterly earnings data on Thursday, March 6th. The shipping company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.04. Dynagas LNG Partners had a return on equity of 14.73% and a net margin of 31.63%. The company had revenue of $41.66 million during the quarter, compared to analysts’ expectations of $38.34 million. 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 Price Performance

Dynagas LNG Partners stock opened at $3.94 on Thursday. Dynagas LNG Partners has a 12 month low of $2.54 and a 12 month high of $5.65. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.68 and a quick ratio of 1.68. The business has a 50 day simple moving average of $4.46 and a 200-day simple moving average of $4.32. The stock has a market capitalization of $144.82 million, a PE ratio of 4.10 and a beta of 1.37.

Dynagas LNG Partners Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Monday, February 24th were paid a dividend of $0.049 per share. This represents a $0.20 annualized dividend and a dividend yield of 4.98%. The ex-dividend date was Monday, February 24th. Dynagas LNG Partners’s dividend payout ratio (DPR) is presently 18.27%.

Analysts Set New Price Targets

Separately, StockNews.com lowered Dynagas LNG Partners from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 20th.

Dynagas LNG Partners Company Profile

Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry in Greece and internationally. The company owns and operates liquefied natural gas (LNG) carriers. Its fleet consists of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters.