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

Dynagas LNG Partners (NYSE:DLNG) is expected to be posting its quarterly earnings results before the market opens on Thursday, March 27th. Analysts expect Dynagas LNG Partners to post earnings of $0.28 per share and revenue of $38.34 million for the quarter.

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

NYSE:DLNG opened at $3.91 on Wednesday. The firm has a market capitalization of $143.90 million, a P/E ratio of 4.07 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. The company has a fifty day moving average of $4.35 and a 200 day moving average of $4.33. Dynagas LNG Partners has a 52 week low of $2.60 and a 52 week high of $5.65.

Dynagas LNG Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Monday, February 24th were given a $0.049 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date was Monday, February 24th. Dynagas LNG Partners’s payout ratio is 18.27%.

Analysts Set New Price Targets

Separately, StockNews.com cut Dynagas LNG Partners from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 20th.

About Dynagas LNG Partners

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.