Analysts’ Weekly Ratings Changes for Dynagas LNG Partners (DLNG)

A number of firms have modified their ratings and price targets on shares of Dynagas LNG Partners (NYSE: DLNG) recently:

  • 11/20/2018 – Dynagas LNG Partners had its “underperform” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $5.25 price target on the stock, down previously from $6.00.
  • 11/20/2018 – Dynagas LNG Partners had its “buy” rating reaffirmed by analysts at Jefferies Financial Group Inc.
  • 11/18/2018 – Dynagas LNG Partners had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $9.00 price target on the stock.
  • 11/16/2018 – Dynagas LNG Partners was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 11/16/2018 – Dynagas LNG Partners had its “buy” rating reaffirmed by analysts at Maxim Group. They wrote, “Dynagas LNG (DLNG) reported 3Q18 results yesterday, after the close, which were mixed. Revenue of $31.3M was below expectations, but earnings per common unit of $0.04 outpaced our $0.01 estimate, and consensus of $0.04.””
  • 11/9/2018 – Dynagas LNG Partners is now covered by analysts at B. Riley. They set a “buy” rating and a $10.50 price target on the stock.
  • 10/31/2018 – Dynagas LNG Partners was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Dynagas LNG Partners LP is focused on owning and operating LNG carriers that are employed on multi-year contracts with international energy companies. Dynagas LNG Partners LP is based in Glyfada, Greece. “
  • 10/3/2018 – Dynagas LNG Partners was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $9.75 price target on the stock. According to Zacks, “Dynagas LNG Partners LP is focused on owning and operating LNG carriers that are employed on multi-year contracts with international energy companies. Dynagas LNG Partners LP is based in Glyfada, Greece. “
  • 10/2/2018 – Dynagas LNG Partners was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.

DLNG stock traded up $0.05 during mid-day trading on Monday, hitting $5.05. The stock had a trading volume of 973 shares, compared to its average volume of 208,405. The company has a quick ratio of 2.73, a current ratio of 2.73 and a debt-to-equity ratio of 3.35. Dynagas LNG Partners LP has a 52 week low of $4.92 and a 52 week high of $13.97. The firm has a market cap of $177.63 million, a P/E ratio of 6.82, a P/E/G ratio of 15.63 and a beta of 1.16.

Dynagas LNG Partners (NYSE:DLNG) last released its earnings results on Thursday, November 15th. The shipping company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.05). Dynagas LNG Partners had a net margin of 7.78% and a return on equity of 9.15%. The firm had revenue of $31.32 million during the quarter, compared to the consensus estimate of $30.82 million. Equities analysts predict that Dynagas LNG Partners LP will post 0.32 EPS for the current year.

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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