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Dynagas LNG Partners (NYSE:DLNG) Posts Earnings Results, Beats Estimates By $0.11 EPS

Dynagas LNG Partners logo with Energy background
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Key Points

  • Dynagas LNG Partners exceeded quarterly expectations: The company reported earnings of $0.39 per share, beating estimates by $0.11, while revenue of $41.19 million topped the $36.31 million consensus forecast.
  • The stock opened at $3.79 and has traded between $3.27 and $4.45 over the past year. DLNG has a market capitalization of $138.1 million and a notably low P/E ratio of 2.50.
  • Investors received a quarterly dividend of $0.05, equivalent to $0.20 annually and a 5.3% yield. Analyst sentiment remains neutral, with the stock carrying an average “Hold” rating despite some institutional buying.
  • MarketBeat previews the top five stocks to own by October 1st.

Dynagas LNG Partners (NYSE:DLNG - Get Free Report) posted its quarterly earnings data on Tuesday. The shipping company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.11, FiscalAI reports. Dynagas LNG Partners had a return on equity of 13.59% and a net margin of 41.60%.The business had revenue of $41.19 million during the quarter, compared to analysts' expectations of $36.31 million.

Dynagas LNG Partners Price Performance

Shares of DLNG stock opened at $3.79 on Tuesday. Dynagas LNG Partners has a 12 month low of $3.27 and a 12 month high of $4.45. The company has a market capitalization of $138.10 million, a P/E ratio of 2.50 and a beta of 0.54. The stock has a 50 day moving average of $3.69 and a two-hundred day moving average of $3.84. The company has a current ratio of 0.63, a quick ratio of 0.61 and a debt-to-equity ratio of 0.64.

Dynagas LNG Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were given a $0.05 dividend. The ex-dividend date was Monday, August 24th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.3%. Dynagas LNG Partners's dividend payout ratio (DPR) is currently 13.16%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Acadian Asset Management LLC boosted its stake in Dynagas LNG Partners by 548.8% during the first quarter. Acadian Asset Management LLC now owns 184,310 shares of the shipping company's stock worth $692,000 after buying an additional 155,902 shares in the last quarter. Susquehanna International Group LLP raised its stake in shares of Dynagas LNG Partners by 430.1% in 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. Geneos Wealth Management Inc. raised its stake 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 valued at $151,000 after buying an additional 21,518 shares in the last quarter. Virtu Financial LLC bought a new position in shares of Dynagas LNG Partners during the 4th quarter worth about $100,000. Finally, XTX Topco Ltd bought a new position in shares of Dynagas LNG Partners during the 4th quarter worth about $57,000.

Wall Street Analyst Weigh In

DLNG has been the topic of several recent analyst reports. Wall Street Zen raised Dynagas LNG Partners from a "hold" rating to a "buy" rating in a research report on Saturday, June 6th. Weiss Ratings cut Dynagas LNG Partners from a "hold (c+)" rating to a "hold (c)" rating in a research report on Thursday, July 9th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Dynagas LNG Partners currently has an average rating of "Hold".

Check Out Our Latest Report on Dynagas LNG Partners

About Dynagas LNG Partners

(Get Free Report)

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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Earnings History for Dynagas LNG Partners (NYSE:DLNG)

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