Dominion Midstream Partners, (DM) Earns Coverage Optimism Rating of 0.09
News headlines about Dominion Midstream Partners, (NYSE:DM) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dominion Midstream Partners, earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news headlines about the pipeline company an impact score of 46.7323961955144 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern’s rankings:
- Critical Contrast: Dominion Midstream Partners, (DM) versus Hess Midstream Partners (HESM) (americanbankingnews.com)
- Dominion Midstream Partners, LP (DM) Stock Rating Lowered by Zacks Investment Research (americanbankingnews.com)
- Dominion Energy Midstream Partners (DM) Shares Cross Below 200 DMA (nasdaq.com)
- Dominion Energy Midstream Partners LP – Value Analysis (NYSE:DM) : November 10, 2017 (finance.yahoo.com)
- Dominion Energy Midstream Partners LP breached its 50 day moving average in a Bearish Manner : DM-US : November 9, 2017 (finance.yahoo.com)
A number of research analysts have issued reports on DM shares. Zacks Investment Research lowered shares of Dominion Midstream Partners, from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 21st. Scotiabank set a $35.00 target price on shares of Dominion Midstream Partners, and gave the company a “buy” rating in a research note on Saturday, July 22nd. Stifel Nicolaus set a $33.00 target price on shares of Dominion Midstream Partners, and gave the company a “buy” rating in a research note on Thursday, August 3rd. BidaskClub raised shares of Dominion Midstream Partners, from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 12th. Finally, Morgan Stanley raised shares of Dominion Midstream Partners, from an “equal weight” rating to an “overweight” rating and set a $32.00 target price for the company in a research note on Wednesday, August 30th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $34.89.
Shares of Dominion Midstream Partners, (DM) traded up $0.35 during trading hours on Thursday, hitting $30.95. 80,851 shares of the stock were exchanged, compared to its average volume of 222,252. The firm has a market cap of $3,080.00, a price-to-earnings ratio of 21.58, a P/E/G ratio of 1.15 and a beta of 1.68. Dominion Midstream Partners, has a 12 month low of $23.65 and a 12 month high of $34.85. The company has a current ratio of 0.47, a quick ratio of 0.41 and a debt-to-equity ratio of 0.08.
Dominion Midstream Partners, (NYSE:DM) last issued its quarterly earnings results on Monday, October 30th. The pipeline company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.04. The company had revenue of $113.00 million during the quarter, compared to analyst estimates of $104.86 million. Dominion Midstream Partners, had a net margin of 22.61% and a return on equity of 2.14%. The business’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 EPS. equities analysts forecast that Dominion Midstream Partners, will post 1.45 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Monday, November 6th were paid a $0.3025 dividend. This is a positive change from Dominion Midstream Partners,’s previous quarterly dividend of $0.29. This represents a $1.21 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date was Friday, November 3rd. Dominion Midstream Partners,’s dividend payout ratio is currently 90.30%.
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Dominion Midstream Partners, Company Profile
Dominion Energy Midstream Partners, LP, formerly Dominion Midstream Partners, LP, is a limited partnership. The Company is formed to grow a portfolio of natural gas terminaling, processing, storage, transportation and related assets. The Company’s segments include Dominion Energy, which consists of gas transportation, liquefied natural gas (LNG) import and storage, and Corporate and Other.
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