Rice Midstream Partners LP Comm (NYSE:RMP).
Mitsubishi UFG began coverage of RMP by announcing an initial rating of “Overweight”. On March 17 analysts at Stifel Nicolaus issued its first research report on the stock giving it an initial rating of “Buy”.
August 12 investment analysts at Barclays left the company rating at “Overweight” and moved up the price target to $21.00 from $18.00. On June 16, 2015 SunTrust Robinson Humphrey added RMP to its research portfolio with an initial rating of “Buy” and projecting a price target of $22.00.
On May 13 Barclays kept the company rating at “Overweight” but moved up the price target from $17.00 to $18.00.
The company is so far trading up since yesterday’s close of $21.31. The company also declared a dividend that was paid on Thu Aug 11, 2016. The dividend payment was $0.205 per share for the quarter or $0.82 annualized. This dividend amount represented a yeild of $3.89. The ex-dividend date was Friday the 29th of July 2016.
Shares last traded at $22.52 just a bit higher than the 50 day moving average of $21.68 and which is marginally higher than the 200 day moving average of $18.60. The 50 day moving average was up by +3.89% and the 200 day average went up by +21.04%.
The P/E ratio is currently 17.53 and market cap is 1.83B. In the last earnings report the EPS was $1.28 and is projected to be $-0.13 for the current year with 81,170,000 shares currently outstanding. Next quarter’s EPS is forecasted at $-0.02 and the next full year EPS is projected to be $0.04.