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Is Dynagas LNG Partners (DLNG) Outperforming Other Transportation Stocks This Year?

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Investors focused on the Transportation space have likely heard of Dynagas LNG Partners (DLNG - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.

Dynagas LNG Partners is a member of the Transportation sector. This group includes 140 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. DLNG is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for DLNG's full-year earnings has moved 22.97% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, DLNG has gained about 2.82% so far this year. Meanwhile, the Transportation sector has returned an average of -0.60% on a year-to-date basis. As we can see, Dynagas LNG Partners is performing better than its sector in the calendar year.

Looking more specifically, DLNG belongs to the Transportation - Services industry, which includes 30 individual stocks and currently sits at #117 in the Zacks Industry Rank. On average, this group has gained an average of 2.48% so far this year, meaning that DLNG is performing better in terms of year-to-date returns.

Going forward, investors interested in Transportation stocks should continue to pay close attention to DLNG as it looks to continue its solid performance.


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