The consensus 12-month target price for Dynagas LNG Partners (DLNG) is $14.75. Based on its market price of $11.59 on January 19, 2018, the target price implies a potential upside of 27.3%.
Eight analysts gave recommendations for Dynagas LNG Partners. In 2017, only one analyst revised the recommendation on Dynagas LNG Partners. In December 2017, Stifel downgraded Dynagas LNG Partners to “hold” from “buy.”
Of the eight analysts, one analyst recommended a “strong buy,” two recommended a “buy,” and five analysts recommended a “hold.” None of the analysts recommended a “sell” or “strong sell.” Other LNG (UNG) carriers Golar LNG Partners (GMLP), Teekay LNG Partners (TGP), GasLog Partners (GLOP), and Golar LNG (GLNG) don’t have any “sell” or “strong sell” recommendations.
Revenue and earnings estimates
Wall Street analysts expect Dynagas LNG Partners’ 4Q17 revenue to be $36.07 million—compared to $33.47 million in 3Q17 and $41.39 million in 4Q16.
In 2017, the revenue is estimated at $139.5 million, which is 17.8% lower than $169.8 million reported in 2016. In 2018, Dynagas LNG Partners’ revenue is expected to be $135.2 million.
Dynagas LNG Partners’ EBITDA (earnings before interest, tax, depreciation, and amortization) is expected to rise to $27.4 million in 4Q17 from $26.4 million in 3Q17. The EBITDA for 2017 is estimated at $103.4 million—compared to $139.5 million in 2016. The EBITDA in 2018 is estimated at $99.58 million.