Somewhat Positive Media Coverage Somewhat Unlikely to Impact Enviva Partners (EVA) Stock Price

Press coverage about Enviva Partners (NYSE:EVA) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Enviva Partners earned a news impact score of 0.05 on Accern’s scale. Accern also assigned press coverage about the energy company an impact score of 45.6443829335423 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Enviva Partners (NYSE:EVA) traded up $0.05 on Friday, hitting $28.00. The stock had a trading volume of 19,029 shares, compared to its average volume of 51,220. The company has a quick ratio of 1.03, a current ratio of 1.52 and a debt-to-equity ratio of 1.22. The firm has a market cap of $402.83, a PE ratio of 700.18 and a beta of 1.09. Enviva Partners has a 1-year low of $24.60 and a 1-year high of $31.95.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 29th. Investors of record on Wednesday, November 15th were issued a dividend of $0.615 per share. The ex-dividend date of this dividend was Tuesday, November 14th. This is a boost from Enviva Partners’s previous quarterly dividend of $0.57. This represents a $2.46 annualized dividend and a yield of 8.79%. Enviva Partners’s payout ratio is currently 6,151.54%.

A number of analysts have weighed in on EVA shares. Zacks Investment Research raised Enviva Partners from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research report on Friday, November 3rd. Royal Bank of Canada reaffirmed a “buy” rating on shares of Enviva Partners in a research report on Tuesday, November 7th. TheStreet cut Enviva Partners from a “b-” rating to a “c” rating in a research report on Tuesday, November 14th. Finally, Citigroup raised Enviva Partners from a “neutral” rating to a “buy” rating and set a $34.00 price objective for the company in a research report on Friday, September 22nd. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $32.67.

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About Enviva Partners

Enviva Partners, LP is a supplier of utility-grade wood pellets to power generators. The Company procures wood fiber and processes it into utility-grade wood pellets and loads the finished wood pellets into railcars, trucks and barges that are transported to deep-water marine terminals, where they are received, stored and loaded onto oceangoing vessels for transport to the Company’s principally Northern European customers.

Insider Buying and Selling by Quarter for Enviva Partners (NYSE:EVA)

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