Media coverage about Dominion Midstream Partners, (NYSE:DM) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news 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 closest to one being the most favorable. Dominion Midstream Partners, earned a coverage optimism score of 0.03 on Accern’s scale. Accern also gave news headlines about the pipeline company an impact score of 46.2711463075085 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted Accern’s analysis:
- Dominion Midstream Partners, LP (DM) Upgraded by BidaskClub to Sell (americanbankingnews.com)
- Dominion Midstream Partners, LP (NYSE:DM) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
- What Kind of Picture Are the Technicals Painting For Dominion Midstream Partners LP (DM)? – Sheridan Daily (sheridandaily.com)
- Dominion Midstream Partners, LP (NYSE:DM) to Issue Quarterly Dividend of $0.29 (top10mobilespecs.com)
- Reviewing Dominion Midstream Partners, (NYSE:DM) & Teekay LNG Partners L.P. (TGP) (americanbankingnews.com)
Shares of Dominion Midstream Partners, (NYSE:DM) traded up 2.29% during midday trading on Friday, hitting $26.85. 135,365 shares of the company traded hands. The stock’s 50-day moving average is $27.67 and its 200 day moving average is $30.01. Dominion Midstream Partners, has a 12-month low of $23.17 and a 12-month high of $33.70. The stock has a market capitalization of $2.66 billion, a P/E ratio of 19.82 and a beta of 1.67.
This article was originally published by and is the sole property of Zolmax. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of U.S. and International copyright law. The original version of this story can be read at https://zolmax.com/investing/dominion-midstream-partners-nysedm-given-daily-coverage-optimism-score-of-0-03/1560287.html
Dominion Midstream Partners, (NYSE:DM) last issued its quarterly earnings data on Wednesday, August 2nd. The pipeline company reported $0.31 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.35 by $0.04. The firm had revenue of $115.70 million for the quarter, compared to analyst estimates of $130.04 million. Dominion Midstream Partners, had a net margin of 19.08% and a return on equity of 1.82%. The firm’s revenue for the quarter was up 35.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.28 EPS. On average, analysts expect that Dominion Midstream Partners, will post $1.48 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 15th. Investors of record on Friday, August 4th will be issued a dividend of $0.288 per share. The ex-dividend date is Wednesday, August 2nd. This represents a $1.15 dividend on an annualized basis and a yield of 4.29%. This is a boost from Dominion Midstream Partners,’s previous quarterly dividend of $0.27. Dominion Midstream Partners,’s payout ratio is currently 84.56%.
DM has been the subject of several recent research reports. Scotiabank set a $35.00 target price on shares of Dominion Midstream Partners, and gave the company a “buy” rating in a research note on Saturday, July 22nd. TheStreet lowered shares of Dominion Midstream Partners, from a “b-” rating to a “c” rating in a research note on Wednesday, May 31st. Royal Bank Of Canada reissued a “buy” rating and set a $41.00 target price on shares of Dominion Midstream Partners, in a research note on Monday, May 8th. Barclays PLC lowered shares of Dominion Midstream Partners, from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $37.00 to $32.00 in a research note on Tuesday, July 18th. Finally, Zacks Investment Research raised shares of Dominion Midstream Partners, from a “hold” rating to a “strong-buy” rating and set a $33.00 target price for the company in a research note on Tuesday, July 4th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. Dominion Midstream Partners, has an average rating of “Hold” and an average price target of $33.78.
ILLEGAL ACTIVITY WARNING: “Dominion Midstream Partners, (NYSE:DM) Given Daily Coverage Optimism Score of 0.03” was first posted by Zolmax and is the property of of Zolmax. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of United States and international trademark and copyright law. The correct version of this piece of content can be read at https://zolmax.com/investing/dominion-midstream-partners-nysedm-given-daily-coverage-optimism-score-of-0-03/1560287.html.
About Dominion Midstream Partners,
Dominion Energy Midstream Partners, LP, formerly Dominion Midstream Partners, LP, is a limited partnership. The Company is formed to grow a portfolio of natural gas terminaling, processing, storage, transportation and related assets. The Company’s segments include Dominion Energy, which consists of gas transportation, liquefied natural gas (LNG) import and storage, and Corporate and Other.
Receive News & Ratings for Dominion Midstream Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Midstream Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.