Exterran Partners (EXLP) Declares Quarterly Dividend of $0.53
Exterran Partners (NASDAQ:EXLP) declared a quarterly dividend on Tuesday, October 29th, Analyst Ratings Network.com reports. Shareholders of record on Friday, November 8th will be given a dividend of $0.5275 per share on Thursday, November 14th. This represents a $2.11 dividend on an annualized basis and a yield of 6.92%.
On the ratings front, analysts at Zacks upgraded shares of Exterran Partners from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 8th. They now have a $33.20 price target on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $28.24.
Shares of Exterran Partners (NASDAQ:EXLP) traded up 1.29% during mid-day trading on Tuesday, hitting $30.51. 89,529 shares of the company’s stock traded hands. Exterran Partners has a 52-week low of $19.65 and a 52-week high of $32.39. The stock’s 50-day moving average is $28.66 and its 200-day moving average is $28.20. The company has a market cap of $1.507 billion and a price-to-earnings ratio of 21.94.
Exterran Partners (NASDAQ:EXLP) last announced its earnings results on Tuesday, August 6th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.23. The company had revenue of $125.50 million for the quarter, compared to the consensus estimate of $97.20 million. The company’s revenue for the quarter was up 29.1% on a year-over-year basis. On average, analysts predict that Exterran Partners will post $1.40 earnings per share for the current fiscal year.
Exterran Partners, L.P. provides natural gas contract operations services to customers throughout the United States.
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