Dynagas LNG Partners (DLNG) Expected to Announce Earnings on Thursday

Dynagas LNG Partners (NYSE:DLNG) will likely be announcing its earnings results before the market opens on Thursday, March 27th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $38.34 million for the quarter.

Dynagas LNG Partners (NYSE:DLNG) last posted its quarterly earnings data on Thursday, March 6th. The shipping company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.04. The firm had revenue of $41.66 million during the quarter, compared to analysts’ expectations of $38.34 million. Dynagas LNG Partners had a net margin of 31.63% and a return on equity of 14.73%. 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 Stock Up 1.0 %

Shares of NYSE DLNG opened at $3.95 on Tuesday. Dynagas LNG Partners has a 52-week low of $2.60 and a 52-week high of $5.65. The business’s 50 day moving average is $4.37 and its two-hundred day moving average is $4.33. The firm has a market cap of $145.37 million, a price-to-earnings ratio of 4.11 and a beta of 1.37. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.95.

Dynagas LNG Partners Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Monday, February 24th were paid a dividend of $0.049 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.20 dividend on an annualized basis and a yield of 4.96%. Dynagas LNG Partners’s dividend payout ratio (DPR) is presently 18.27%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of 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.