Several analysts have recently updated their ratings and price targets for Dominion Midstream Partners, (NYSE: DM):

  • 10/24/2017 – Dominion Midstream Partners, was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $37.00 price target on the stock. According to Zacks, “Dominion Energy Midstream Partners, LP is a Delaware limited partnership company. Its portfolio consist of natural gas terminaling, processing, storage, transportation and related assets. Dominion Energy Midstream Partners LP, formerly known as Dominion Midstream Partners LP, is headquartered in Richmond, Va. “
  • 10/20/2017 – Dominion Midstream Partners, had its “buy” rating reaffirmed by analysts at Mizuho. They now have a $34.00 price target on the stock.
  • 10/16/2017 – Dominion Midstream Partners, was upgraded by analysts at TheStreet from a “c” rating to a “b” rating.
  • 10/10/2017 – Dominion Midstream Partners, is now covered by analysts at Guggenheim. They set a “buy” rating and a $39.00 price target on the stock.
  • 9/28/2017 – Dominion Midstream Partners, was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “underweight” rating. They now have a $33.00 price target on the stock, up previously from $32.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 9/27/2017 – Dominion Midstream Partners, had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $35.00 price target on the stock.
  • 8/30/2017 – Dominion Midstream Partners, was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $32.00 price target on the stock.
  • 8/26/2017 – Dominion Midstream Partners, was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

Shares of Dominion Midstream Partners, LP (NYSE DM) opened at 33.15 on Wednesday. The firm has a market capitalization of $3.29 billion, a PE ratio of 24.46 and a beta of 1.70. The firm has a 50-day moving average price of $31.53 and a 200-day moving average price of $29.43. Dominion Midstream Partners, LP has a 1-year low of $23.20 and a 1-year high of $34.85.

Dominion Midstream Partners, (NYSE:DM) last posted its quarterly earnings data on Wednesday, August 2nd. The pipeline company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The firm had revenue of $115.70 million during the quarter, compared to analysts’ expectations of $130.04 million. Dominion Midstream Partners, had a net margin of 19.08% and a return on equity of 1.82%. The business’s quarterly revenue was up 35.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.28 earnings per share. On average, analysts forecast that Dominion Midstream Partners, LP will post $1.28 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Monday, November 6th will be given a $0.3025 dividend. This is a boost from Dominion Midstream Partners,’s previous quarterly dividend of $0.29. This represents a $1.21 dividend on an annualized basis and a yield of 3.65%. The ex-dividend date of this dividend is Friday, November 3rd. Dominion Midstream Partners,’s dividend payout ratio is presently 84.56%.

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.

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