Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Boardwalk Pipeline Partners (BWP) Stock Price

Media stories about Boardwalk Pipeline Partners (NYSE:BWP) have trended somewhat positive recently, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Boardwalk Pipeline Partners earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news coverage about the pipeline company an impact score of 45.477462542544 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

Boardwalk Pipeline Partners (NYSE BWP) opened at $13.01 on Friday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.56 and a current ratio of 0.56. The stock has a market cap of $3,313.92, a P/E ratio of 9.66 and a beta of 0.72. Boardwalk Pipeline Partners has a one year low of $12.79 and a one year high of $18.95.

Boardwalk Pipeline Partners (NYSE:BWP) last posted its quarterly earnings results on Monday, October 30th. The pipeline company reported $0.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.01. The company had revenue of $300.50 million for the quarter, compared to the consensus estimate of $324.85 million. Boardwalk Pipeline Partners had a net margin of 22.50% and a return on equity of 7.55%. Boardwalk Pipeline Partners’s revenue was down .9% on a year-over-year basis. During the same quarter last year, the firm posted $0.19 earnings per share. research analysts forecast that Boardwalk Pipeline Partners will post 1.41 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 16th. Shareholders of record on Thursday, November 9th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date of this dividend was Wednesday, November 8th. Boardwalk Pipeline Partners’s dividend payout ratio is currently 33.90%.

Several brokerages recently issued reports on BWP. Royal Bank Of Canada reissued a “hold” rating and set a $18.00 price objective on shares of Boardwalk Pipeline Partners in a research note on Wednesday, September 6th. ValuEngine downgraded shares of Boardwalk Pipeline Partners from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research raised shares of Boardwalk Pipeline Partners from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. Goldman Sachs Group began coverage on shares of Boardwalk Pipeline Partners in a research note on Friday, November 17th. They set a “sell” rating and a $14.00 price objective on the stock. Finally, UBS reissued a “buy” rating and set a $18.00 price objective (down previously from $22.00) on shares of Boardwalk Pipeline Partners in a research note on Wednesday, October 4th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. Boardwalk Pipeline Partners presently has an average rating of “Hold” and an average target price of $20.50.

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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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