Latest Stocks: Boardwalk Pipeline Partners, (BWP) Earns News Impact Score of 0.16

Latest Stocks: Boardwalk Pipeline Partners, (BWP) Earns News Impact Score of 0.16

News headlines about Boardwalk Pipeline Partners, (NYSE:BWP) have trended somewhat positive on Tuesday, Alpha One reports. Alpha One, a subsidiary of Accern, ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Boardwalk Pipeline Partners, earned a news impact score of 0.16 on Alpha One’s scale. Alpha One also assigned news stories about the pipeline company an impact score of 79 out of 100, indicating that recent press coverage is likely to have an effect on the company’s share price in the next several days.

These are some of the media headlines that may have effected AlphaOne’s scoring:

Shares of Boardwalk Pipeline Partners, (BWP) opened at 17.80 on Tuesday. Boardwalk Pipeline Partners, has a 12-month low of $15.97 and a 12-month high of $18.95. The stock has a 50 day moving average of $18.20 and a 200 day moving average of $18.06. The company has a market cap of $4.46 billion, a price-to-earnings ratio of 14.18 and a beta of 0.75. Boardwalk Pipeline Partners, (NYSE:BWP) last released its quarterly earnings results on Monday, May 1st. The pipeline company reported $0.47 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.06. The firm had revenue of $367 million during the quarter, compared to analysts’ expectations of $354.09 million. Boardwalk Pipeline Partners, had a return on equity of 10.45% and a net margin of 32.51%. Boardwalk Pipeline Partners,’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.40 EPS. Analysts forecast that Boardwalk Pipeline Partners, will post $1.36 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 18th. Stockholders of record on Thursday, May 11th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend was Tuesday, May 9th. Boardwalk Pipeline Partners,’s dividend payout ratio (DPR) is currently 33.33%. A number of research firms recently commented on BWP. ValuEngine cut shares of Boardwalk Pipeline Partners, from a “buy” rating to a “hold” rating in a research note on Friday. Wells Fargo & Co reaffirmed an “outperform” rating and set a $35.00 price target on shares of Boardwalk Pipeline Partners, in a research note on Tuesday, May 9th. Royal Bank of Canada reaffirmed a “buy” rating and set a $21.00 price target on shares of Boardwalk Pipeline Partners, in a research note on Thursday, April 13th. Zacks Investment Research raised shares of Boardwalk Pipeline Partners, from a “sell” rating to a “hold” rating in a research note on Tuesday, February 7th. Finally, TheStreet raised shares of Boardwalk Pipeline Partners, from a “c+” rating to a “b-” rating in a research report on Thursday, March 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. Boardwalk Pipeline Partners, presently has a consensus rating of “Hold” and an average price target of $21.33.

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 18th. Stockholders of record on Thursday, May 11th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend was Tuesday, May 9th. Boardwalk Pipeline Partners,’s dividend payout ratio (DPR) is currently 33.33%. Boardwalk Pipeline Partners, Company Profile

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