Press coverage about Boardwalk Pipeline Partners (NYSE:BWP) has trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Boardwalk Pipeline Partners earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media coverage about the pipeline company an impact score of 45.8407433726571 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Boardwalk Pipeline Partners (BWP) Downgraded by TheStreet (americanbankingnews.com)
- Boardwalk Pipeline Partners (BWP) Lowered to Hold at ValuEngine (americanbankingnews.com)
- Head-To-Head Contrast: Plains All American Pipeline (PAA) vs. Boardwalk Pipeline Partners (BWP) (americanbankingnews.com)
- Boardwalk Pipeline Partners (BWP) & Its Rivals Critical Survey (americanbankingnews.com)
- Boardwalk Pipeline Partners, LP (BWP) stock price is trading underground than the 200 day moving average with … – Analyst Recommendation (press release) (blog) (analystrecommendation.com)
Several analysts have recently issued reports on the stock. UBS reissued a “buy” rating and set a $17.00 price objective (down from $18.00) on shares of Boardwalk Pipeline Partners in a research note on Friday, March 2nd. Bank of America lowered their price objective on shares of Boardwalk Pipeline Partners from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Tuesday, February 13th. Barclays set a $14.00 price objective on shares of Boardwalk Pipeline Partners and gave the company a “hold” rating in a research note on Monday, February 12th. ValuEngine cut shares of Boardwalk Pipeline Partners from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, TheStreet cut shares of Boardwalk Pipeline Partners from a “b-” rating to a “c+” rating in a research report on Friday, January 19th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $18.44.
Boardwalk Pipeline Partners (NYSE:BWP) last announced its quarterly earnings results on Monday, February 12th. The pipeline company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.07). Boardwalk Pipeline Partners had a return on equity of 7.38% and a net margin of 22.46%. The business had revenue of $337.50 million for the quarter, compared to analysts’ expectations of $352.58 million. During the same period last year, the company posted $0.36 earnings per share. The firm’s revenue for the quarter was down 4.3% on a year-over-year basis. analysts anticipate that Boardwalk Pipeline Partners will post 1.23 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Investors of record on Thursday, February 22nd were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, February 21st. This represents a $0.40 dividend on an annualized basis and a yield of 3.88%. Boardwalk Pipeline Partners’s dividend payout ratio (DPR) is 34.48%.
Boardwalk Pipeline Partners Company Profile
Boardwalk Pipeline Partners, LP is a limited partnership company. The Company’s business includes integrated natural gas and natural gas liquids, and other hydrocarbons (referred to together as NGLs) pipeline and storage systems. The Company is engaged in the operation of interstate natural gas and NGLs pipeline systems, and integrated storage facilities, including interstate natural gas pipeline systems located in the Gulf Coast region, Oklahoma, Arkansas and the Midwestern states of Tennessee, Kentucky, Illinois, Indiana and Ohio, and its NGLs pipelines and storage facilities in Louisiana and Texas.
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