News stories about GasLog Partners (NYSE:GLOP) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. GasLog Partners earned a news impact score of 0.10 on Accern’s scale. Accern also assigned media stories about the shipping company an impact score of 46.4359749728715 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of research analysts have recently weighed in on the company. BidaskClub lowered GasLog Partners from a “hold” rating to a “sell” rating in a research report on Monday, October 23rd. Zacks Investment Research lowered GasLog Partners from a “buy” rating to a “hold” rating in a research report on Thursday, October 12th. Barclays PLC cut their price objective on GasLog Partners from $26.00 to $25.00 and set an “equal weight” rating for the company in a research report on Friday, October 27th. ValuEngine lowered GasLog Partners from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, September 27th. Finally, Stifel Nicolaus restated a “buy” rating and set a $27.00 price objective on shares of GasLog Partners in a research report on Friday, October 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. GasLog Partners has an average rating of “Hold” and an average price target of $26.40.
GasLog Partners (NYSE:GLOP) traded up $0.25 on Friday, reaching $22.85. The company had a trading volume of 153,289 shares, compared to its average volume of 187,557. The stock has a market capitalization of $947.03, a price-to-earnings ratio of 10.58 and a beta of 1.67. GasLog Partners has a 12 month low of $19.55 and a 12 month high of $25.45. The company has a current ratio of 1.49, a quick ratio of 1.47 and a debt-to-equity ratio of 1.26.
GasLog Partners (NYSE:GLOP) last released its quarterly earnings results on Thursday, October 26th. The shipping company reported $0.53 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.02). The company had revenue of $73.40 million during the quarter, compared to analysts’ expectations of $72.11 million. GasLog Partners had a return on equity of 12.44% and a net margin of 34.89%. The company’s revenue was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.56 EPS. analysts predict that GasLog Partners will post 2.13 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, November 10th. Investors of record on Monday, November 6th were given a $0.5175 dividend. The ex-dividend date was Friday, November 3rd. This represents a $2.07 annualized dividend and a yield of 9.06%. This is a positive change from GasLog Partners’s previous quarterly dividend of $0.51. GasLog Partners’s dividend payout ratio (DPR) is currently 96.28%.
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About GasLog Partners
GasLog Partners LP is a limited partnership company. The Company focuses on owning, operating and acquiring liquefied natural gas (LNG) carriers under multi-year charters. The Company’s fleet consists of 9 LNG carriers with an average carrying capacity of approximately 149,500 cubic meters (cbm), each of which has a multi-year time charter.
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