Media coverage about Summit Midstream Partners (NYSE:SMLP) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Summit Midstream Partners earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave news headlines about the pipeline company an impact score of 45.7098505287242 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of Summit Midstream Partners (NYSE SMLP) opened at $20.65 on Wednesday. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $1,510.00, a P/E ratio of 14.14 and a beta of 1.63. Summit Midstream Partners has a 12-month low of $18.30 and a 12-month high of $24.90.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 14th. Investors of record on Wednesday, February 7th will be given a $0.575 dividend. The ex-dividend date of this dividend is Tuesday, February 6th. This represents a $2.30 annualized dividend and a dividend yield of 11.14%. Summit Midstream Partners’s dividend payout ratio (DPR) is presently 157.53%.

SMLP has been the subject of several recent research reports. BidaskClub raised shares of Summit Midstream Partners from a “sell” rating to a “hold” rating in a research note on Thursday, November 9th. Zacks Investment Research raised shares of Summit Midstream Partners from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Wednesday, November 15th. Credit Suisse Group initiated coverage on shares of Summit Midstream Partners in a research note on Thursday, January 4th. They set an “outperform” rating and a $22.00 target price for the company. ValuEngine lowered shares of Summit Midstream Partners from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Finally, SunTrust Banks set a $24.00 target price on shares of Summit Midstream Partners and gave the company a “hold” rating in a research note on Monday, January 29th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $24.43.

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Summit Midstream Partners Company Profile

Summit Midstream Partners, LP focuses on developing, owning and operating midstream energy infrastructure assets. The Company’s segments include the Utica Shale, which includes its ownership interest in Ohio Gathering, as well as Summit Utica; the Williston Basin, which includes Bison Midstream, Polar and Divide and Tioga Midstream; the Marcellus Shale, which includes Mountaineer Midstream; the Barnett Shale, which includes DFW Midstream Services LLC (DFW Midstream), and the Piceance Basin /DJ Basins, which includes Grand River and Niobrara G&P.

Insider Buying and Selling by Quarter for Summit Midstream Partners (NYSE:SMLP)

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