Rice Midstream Partners (RMP) Scheduled to Post Quarterly Earnings on Thursday

Rice Midstream Partners (NYSE:RMP) will issue its quarterly earnings data after the market closes on Thursday, February 15th. Analysts expect the company to announce earnings of $0.36 per share for the quarter.

Rice Midstream Partners (NYSE RMP) opened at $21.07 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market cap of $1,567.34, a PE ratio of 12.55, a P/E/G ratio of 0.78 and a beta of 1.10. Rice Midstream Partners has a 12 month low of $16.87 and a 12 month high of $26.42.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 14th. Investors of record on Friday, February 2nd will be paid a $0.2917 dividend. This represents a $1.17 annualized dividend and a dividend yield of 5.54%. This is a positive change from Rice Midstream Partners’s previous quarterly dividend of $0.28. The ex-dividend date is Thursday, February 1st. Rice Midstream Partners’s dividend payout ratio (DPR) is presently 68.02%.

RMP has been the subject of several research reports. Zacks Investment Research lowered shares of Rice Midstream Partners from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 8th. Canaccord Genuity reiterated a “buy” rating on shares of Rice Midstream Partners in a research note on Wednesday, October 25th. Scotiabank set a $23.00 price target on shares of Rice Midstream Partners and gave the stock a “hold” rating in a research note on Saturday, November 25th. Citigroup initiated coverage on shares of Rice Midstream Partners in a research note on Monday, January 22nd. They issued a “neutral” rating and a $24.00 price target for the company. Finally, ValuEngine lowered shares of Rice Midstream Partners from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. One research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and three have issued a buy rating to the stock. Rice Midstream Partners currently has an average rating of “Hold” and an average target price of $22.00.

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About Rice Midstream Partners

Rice Midstream Partners LP owns, operates, develops and acquires midstream assets in the Appalachian Basin. The Company’s segments are gathering and compression, and water services. The gathering and compression segment provides natural gas gathering and compression services for Rice Energy Inc (Rice Energy) and third parties in the Appalachian Basin.

Earnings History for Rice Midstream Partners (NYSE:RMP)

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