Dynagas LNG Partners (NYSE:DLNG) Upgraded to Strong-Buy by StockNews.com

Dynagas LNG Partners (NYSE:DLNG) was upgraded by stock analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued on Thursday.

Dynagas LNG Partners Stock Performance

Shares of NYSE:DLNG opened at $3.79 on Thursday. The company has a market cap of $139.62 million, a P/E ratio of 5.34 and a beta of 1.39. Dynagas LNG Partners has a one year low of $2.27 and a one year high of $4.24. The business’s 50-day simple moving average is $3.78 and its 200 day simple moving average is $3.61.

Dynagas LNG Partners (NYSE:DLNG) last posted its quarterly earnings data on Tuesday, September 10th. The shipping company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03). The firm had revenue of $37.62 million for the quarter, compared to analysts’ expectations of $37.92 million. Dynagas LNG Partners had a net margin of 21.27% and a return on equity of 12.02%. During the same quarter in the prior year, the business earned $0.08 EPS. Analysts predict that Dynagas LNG Partners will post 1.05 earnings per share for the current year.

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.