Dynagas LNG Partners (NYSE:DLNG) Shares Cross Above 50-Day Moving Average - What's Next?

Key Points

• Dynagas LNG Partners shares moved above their 50-day moving average, reaching $3.92 before trading at $3.87; the stock’s consensus analyst rating remains “Hold.”
• The company matched quarterly earnings expectations at $0.29 per share and exceeded revenue forecasts, reporting $39.94 million in quarterly revenue versus the $36.92 million estimate.
• Dynagas declared a quarterly dividend of $0.05 per share, equivalent to $0.20 annually and a 5.2% yield; several institutional investors also recently initiated or increased positions.

Dynagas LNG Partners LP (NYSE:DLNG - Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $3.63 and traded as high as $3.92. Dynagas LNG Partners shares last traded at $3.87, with a volume of 59,454 shares.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Dynagas LNG Partners from a "hold" rating to a "buy" rating in a report on Saturday, June 6th. Weiss Ratings downgraded Dynagas LNG Partners from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Dynagas LNG Partners presently has a consensus rating of "Hold".

Dynagas LNG Partners Trading Up 0.8%

The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 0.64. The company has a 50-day moving average price of $3.63 and a 200-day moving average price of $3.85. The company has a market capitalization of $140.95 million, a price-to-earnings ratio of 2.55 and a beta of 0.53.

Dynagas LNG Partners (NYSE:DLNG - Get Free Report) last posted its quarterly earnings data on Friday, May 29th. The shipping company reported $0.29 earnings per share for the quarter, hitting the consensus estimate of $0.29. The business had revenue of $39.94 million during the quarter, compared to analysts' expectations of $36.92 million. Dynagas LNG Partners had a return on equity of 13.59% and a net margin of 41.60%.

Dynagas LNG Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 24th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Monday, August 24th. Dynagas LNG Partners's dividend payout ratio is currently 13.16%.

Hedge Funds Weigh In On Dynagas LNG Partners

Several large investors have recently bought and sold shares of the stock. Coppell Advisory Solutions LLC acquired a new position in Dynagas LNG Partners in the 2nd quarter valued at approximately $35,000. IMC Chicago LLC acquired a new stake in shares of Dynagas LNG Partners during the 1st quarter worth approximately $51,000. XTX Topco Ltd bought a new stake in shares of Dynagas LNG Partners during the fourth quarter valued at approximately $57,000. Diversified Enterprises LLC bought a new position in Dynagas LNG Partners in the fourth quarter worth $81,000. Finally, Geneos Wealth Management Inc. boosted its stake in Dynagas LNG Partners by 100.0% during the second 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 in the last quarter.

About Dynagas LNG Partners

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.

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