Analysts expect Dynagas LNG Partners LP (NYSE:DLNG) to post earnings of ($0.01) per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Dynagas LNG Partners’ earnings. The highest EPS estimate is $0.02 and the lowest is ($0.04). Dynagas LNG Partners posted earnings of $0.16 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 106.3%. The firm is expected to announce its next quarterly earnings report on Wednesday, May 29th.

On average, analysts expect that Dynagas LNG Partners will report full-year earnings of $0.04 per share for the current financial year, with EPS estimates ranging from ($0.04) to $0.20. For the next fiscal year, analysts forecast that the business will post earnings of $0.24 per share, with EPS estimates ranging from $0.12 to $0.44. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Dynagas LNG Partners.

Dynagas LNG Partners (NYSE:DLNG) last released its quarterly earnings data on Thursday, March 21st. The shipping company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.06). Dynagas LNG Partners had a return on equity of 6.33% and a net margin of 2.84%. The company had revenue of $31.02 million for the quarter, compared to analyst estimates of $32.41 million.

DLNG has been the topic of a number of research analyst reports. Jefferies Financial Group cut shares of Dynagas LNG Partners from a “buy” rating to a “hold” rating and set a $3.00 price objective on the stock. in a report on Tuesday, January 29th. Zacks Investment Research cut shares of Dynagas LNG Partners from a “buy” rating to a “hold” rating in a report on Monday, February 11th. ValuEngine cut shares of Dynagas LNG Partners from a “sell” rating to a “strong sell” rating in a report on Tuesday, January 29th. Morgan Stanley set a $3.00 price objective on shares of Dynagas LNG Partners and gave the stock a “hold” rating in a report on Friday, February 15th. Finally, B. Riley cut shares of Dynagas LNG Partners from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $10.50 to $2.65 in a report on Monday, January 28th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $4.95.

DLNG stock traded down $0.35 during midday trading on Friday, reaching $1.53. 11,282 shares of the company were exchanged, compared to its average volume of 91,590. The company has a debt-to-equity ratio of 2.31, a current ratio of 0.41 and a quick ratio of 0.41. Dynagas LNG Partners has a 1-year low of $1.94 and a 1-year high of $9.20.

The firm also recently announced a quarterly dividend, which was paid on Friday, May 10th. Stockholders of record on Friday, May 3rd were issued a $0.0625 dividend. The ex-dividend date of this dividend was Thursday, May 2nd. This represents a $0.25 dividend on an annualized basis and a dividend yield of 16.34%. Dynagas LNG Partners’s payout ratio is 104.17%.

Institutional investors have recently made changes to their positions in the company. Wiley BROS. Aintree Capital LLC acquired a new position in shares of Dynagas LNG Partners in the 4th quarter valued at $30,000. Virtu Financial LLC acquired a new position in shares of Dynagas LNG Partners in the 1st quarter valued at $39,000. GSA Capital Partners LLP acquired a new position in shares of Dynagas LNG Partners in the 4th quarter valued at $234,000. Deutsche Bank AG increased its holdings in shares of Dynagas LNG Partners by 9,163.4% in the 4th quarter. Deutsche Bank AG now owns 192,400 shares of the shipping company’s stock valued at $648,000 after acquiring an additional 190,323 shares during the period. Finally, Nut Tree Capital Management LP acquired a new position in shares of Dynagas LNG Partners in the 1st quarter valued at $610,000.

Dynagas LNG Partners Company Profile

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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