Media coverage about Western Refining Logistics, (NYSE:WNRL) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Western Refining Logistics, earned a news impact score of 0.08 on Accern’s scale. Accern also gave media headlines about the pipeline company an impact score of 46.4928408177447 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Several equities analysts recently commented on WNRL shares. BidaskClub lowered shares of Western Refining Logistics, from a “hold” rating to a “sell” rating in a report on Friday, June 23rd. Zacks Investment Research lowered shares of Western Refining Logistics, from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $29.67.
Shares of Western Refining Logistics, (NYSE:WNRL) traded down 1.17% during midday trading on Friday, reaching $25.30. 425,637 shares of the company’s stock were exchanged. Western Refining Logistics, has a 12-month low of $18.85 and a 12-month high of $26.85. The stock has a market cap of $1.54 billion, a PE ratio of 23.64 and a beta of 0.80. The stock’s 50 day moving average is $25.02 and its 200-day moving average is $25.16.
Western Refining Logistics, (NYSE:WNRL) last released its quarterly earnings results on Tuesday, August 8th. The pipeline company reported $0.24 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.11). The business had revenue of $627.51 million for the quarter, compared to analysts’ expectations of $602.22 million. Western Refining Logistics, had a net margin of 3.05% and a return on equity of 78.84%. Western Refining Logistics,’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.33 EPS. On average, equities analysts expect that Western Refining Logistics, will post $1.22 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, August 18th. Investors of record on Friday, August 4th were paid a dividend of $0.4675 per share. This is an increase from Western Refining Logistics,’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Wednesday, August 2nd. This represents a $1.87 dividend on an annualized basis and a yield of 7.39%. Western Refining Logistics,’s dividend payout ratio is presently 187.00%.
About Western Refining Logistics,
Western Refining Logistics, LP owns, operates, develops, and acquires logistics and related assets and businesses to include terminals, storage tanks, pipelines and other logistics assets related to the terminaling, transportation, storage and distribution of crude oil and refined products. The Company’s segments include logistics and wholesale.
Receive News & Ratings for Western Refining Logistics LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Refining Logistics LP and related companies with MarketBeat.com's FREE daily email newsletter.