Dynagas LNG Partners (NYSE:DLNG) Announces Earnings Results

Dynagas LNG Partners (NYSE:DLNG) posted its quarterly earnings results on Friday. The shipping company reported $0.29 EPS for the quarter, meeting analysts’ consensus estimates of $0.29, Zacks reports. Dynagas LNG Partners had a return on equity of 14.96% and a net margin of 39.36%.

Dynagas LNG Partners Stock Down 2.8%

DLNG stock traded down $0.11 during mid-day trading on Friday, hitting $3.74. The company had a trading volume of 25,036 shares, compared to its average volume of 94,965. The company has a market capitalization of $136.25 million, a price-to-earnings ratio of 2.73 and a beta of 0.55. Dynagas LNG Partners has a 12-month low of $3.40 and a 12-month high of $4.45. The company has a 50-day moving average price of $4.01 and a 200 day moving average price of $3.90.

Dynagas LNG Partners Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date was Monday, May 18th. Dynagas LNG Partners’s payout ratio is currently 14.60%.

Analyst Ratings Changes

A number of research firms have recently weighed in on DLNG. Wall Street Zen raised Dynagas LNG Partners to a “hold” rating in a research note on Saturday, February 14th. Weiss Ratings cut Dynagas LNG Partners from a “buy (b-)” rating to a “hold (c)” rating in a report on Monday, April 13th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Institutional Investors Weigh In On Dynagas LNG Partners

Large investors have recently made changes to their positions in the company. XTX Topco Ltd bought a new position in Dynagas LNG Partners during the fourth quarter valued at $57,000. Geneos Wealth Management Inc. increased its holdings in shares of Dynagas LNG Partners by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 43,036 shares of the shipping company’s stock worth $151,000 after buying an additional 21,518 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Dynagas LNG Partners during the 4th quarter valued at about $100,000. Susquehanna International Group LLP raised its position in shares of Dynagas LNG Partners by 430.1% during the 3rd quarter. Susquehanna International Group LLP now owns 146,196 shares of the shipping company’s stock valued at $513,000 after buying an additional 118,616 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in shares of Dynagas LNG Partners by 548.8% in the 1st quarter. Acadian Asset Management LLC now owns 184,310 shares of the shipping company’s stock valued at $692,000 after acquiring an additional 155,902 shares during the last quarter.

Dynagas LNG Partners Company Profile

Dynagas LNG Partners LP is a publicly traded limited partnership focused on the ownership and operation of liquefied natural gas (LNG) carriers. The partnership provides seaborne transportation services under long-term, fixed-rate charters, catering primarily to major energy companies and utility providers. Its vessels are designed to carry LNG at cryogenic temperatures, enabling large-scale cargo movements between exporting and importing regions worldwide.

The fleet comprises modern membrane-type LNG carriers built to high engineering and environmental standards.