NASDAQ:DMLP

Dorchester Minerals (DMLP) Stock Forecast, Price & News

$28.87

+0.45 (+1.58%)

(As of 05/31/2023 ET)

Compare

Today's Range: $28.19
▼
$28.87
50-Day Range: $27.50
▼
$31.17
52-Week Range: $22.51
▼
$32.61

Volume: 33,840 shs
Average Volume: 100,739 shs
Market Capitalization: $1.11 billion

P/E Ratio: 8.86
Dividend Yield: 13.72%
Price Target: N/A

Dorchester Minerals MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.67% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.79
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$328,850 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.01 out of 5 stars

Oils/Energy Sector

180th out of 249 stocks

Crude Petroleum & Natural Gas Industry

69th out of 80 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Dorchester Minerals.

3.0

Short Interest

Percentage of Shares Shorted
0.67% of the float of Dorchester Minerals has been sold short.
Short Interest Ratio / Days to Cover
Dorchester Minerals has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month

1.7

Dividend Strength

Dividend Leadership
Dorchester Minerals is a leading dividend payer. It pays a dividend yield of 13.83%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Dorchester Minerals does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Dorchester Minerals is 121.47%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DMLP.

3.2

News and Social Media Coverage

News Sentiment
Dorchester Minerals has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Dorchester Minerals this week, compared to 1 article on an average week.
Search Interest
25 people have searched for DMLP on MarketBeat in the last 30 days. This is an increase of 257% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Dorchester Minerals to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Dorchester Minerals insiders have bought more of their company's stock than they have sold. Specifically, they have bought $328,850.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 7.50% of the stock of Dorchester Minerals is held by insiders.
Percentage Held by Institutions
Only 19.36% of the stock of Dorchester Minerals is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Dorchester Minerals is 8.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.89.
Price to Earnings Ratio vs. Sector
The P/E ratio of Dorchester Minerals is 8.86, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 52.98.
Price to Book Value per Share Ratio
Dorchester Minerals has a P/B Ratio of 6.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Dorchester Minerals (NASDAQ:DMLP) Stock

Dorchester Minerals LP engages in the acquisition, ownership, and administration of royalty properties and net profits interests (NPI). The NPI represents a net profits overriding royalty interest burdening various properties owned by its operating partnership. Royalty properties consist of producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests. The company was founded in 1982 and is headquartered in Dallas, TX.

Receive DMLP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Dorchester Minerals and its competitors with MarketBeat's FREE daily newsletter.

DMLP Stock News Headlines

May 31, 2023 | msn.com

Dorchester Minerals Has An Extra Lever Against The Market

May 28, 2023 | seekingalpha.com

Dorchester Minerals: Q1 2023 Distribution Reached Nearly $1 Due To Increased Production

June 1, 2023 | Legacy Research (Affiliate) (Ad)

“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin

$100 is all you need… Former Goldman Sachs managing director Dr. Nomi Prins has identified an investment she’s calling ‘the world’s hardest asset’ – and she’s recommending it to friends, family, and followers.

May 24, 2023 | americanbankingnews.com

Dorchester Minerals (NASDAQ:DMLP) Sees Unusually-High Trading Volume

May 12, 2023 | msn.com

Dorchester Minerals: Low Breakeven Pricing Provides Recession Resistance

May 4, 2023 | seekingalpha.com

Dorchester Minerals GAAP EPS of $0.71, revenue of $40.17M

April 23, 2023 | msn.com

Dorchester Minerals LP - Units (DMLP) Declares $0.99 Dividend

April 22, 2023 | cbsnews.com

Police shoot at dog after it bites officer on Michigan Avenue in Dorchester

June 1, 2023 | Legacy Research (Affiliate) (Ad)

“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin

April 20, 2023 | nytimes.com

Track Covid-19 in Dorchester County, South Carolina

April 20, 2023 | finance.yahoo.com

Dorchester Minerals, L.P. Announces Its First Quarter Distribution and Investor Presentation

March 31, 2023 | news.yahoo.com

Loaded gun found at Dorchester playground

March 26, 2023 | americanbankingnews.com

Dorchester Minerals, L.P. (NASDAQ:DMLP) Insider Purchases $112,480.00 in Stock

March 18, 2023 | incomeinvestors.com

Dorchester Minerals Stock: Investors Crush Inflation With This Bullish 13.6%-Yielder

March 12, 2023 | seekingalpha.com

Dorchester Minerals: Q1 2023 Distribution Benefits From Cash Receipts Timing

March 1, 2023 | forbes.com

Of Style And New Design: The Vesper Bar At The Dorchester London Is Stylishly Elegant

March 1, 2023 | bbc.co.uk

Large trees felled in Dorchester town centre over decay fears

February 23, 2023 | msn.com

Dorchester Minerals GAAP EPS of $3.35, revenue of $170.8M

February 23, 2023 | finance.yahoo.com

Dorchester Minerals, L.P. Announces 2022 Results

February 22, 2023 | news.yahoo.com

Boston man arrested in Ohio on murder warrant related to fatal stabbing of Dorchester man in 2022

February 22, 2023 | forbes.com

The Dorchester’s Big Reveal: The First Stage Of Its London Renovation Is Unveiled

February 3, 2023 | seekingalpha.com

Dorchester Minerals: A High-Quality Equity That Can Support A 10% Yield

January 24, 2023 | msn.com

Dorchester Minerals's Ex-Dividend Date Is Friday, Here's What You Need To Know

January 17, 2023 | news.yahoo.com

Police investigating Dorchester shooting that left one with life-threatening injuries

January 13, 2023 | uk.news.yahoo.com

Plans approved to cut down 'iconic' trees

January 12, 2023 | uk.news.yahoo.com

Cheers! Line-up for Dorchester drinks festival revealed

December 27, 2022 | seekingalpha.com

Dorchester Minerals: Capable Of Supporting A 10% Yield At $75 WTI Oil

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive DMLP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Dorchester Minerals and its competitors with MarketBeat's FREE daily newsletter.

DMLP Company Calendar

Last Earnings: 8/06/2020
Ex-Dividend for 5/11 Dividend: 4/28/2023
Dividend Payable: 5/11/2023
Today: 5/31/2023
Next Earnings (Estimated): 8/03/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NASDAQ:DMLP
CUSIP: N/A
CIK: 1172358
Web: www.dmlp.net
Phone: (214) 559-0300
Fax: 302-655-5049
Employees: 2,020
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $3.26
Trailing P/E Ratio: 8.86
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $126.12 million
Net Margins: 75.07%
Pretax Margin: 75.07%
Return on Equity: 73.63%
Return on Assets: 71.35%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 17.70
Quick Ratio: 17.70

Sales & Book Value

Annual Sales: $170.80 million
Price / Sales: 6.49
Cash Flow: $3.94 per share
Price / Cash Flow: 7.33
Book Value: $4.29 per share
Price / Book: 6.73

Miscellaneous

Outstanding Shares: 38,370,000
Free Float: 35,493,000
Market Cap: $1.11 billion
Optionable: Optionable
Beta: 1.23

Key Executives

Bradley J. Ehrman
Chief Executive Officer

Leslie A. Moriyama
Chief Financial Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DMLP Stock - Frequently Asked Questions

How have DMLP shares performed in 2023?: Dorchester Minerals' stock was trading at $29.93 at the beginning of 2023. Since then, DMLP shares have decreased by 3.5% and is now trading at $28.87.
View the best growth stocks for 2023 here.
When is Dorchester Minerals' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our DMLP earnings forecast.
How were Dorchester Minerals' earnings last quarter?: Dorchester Minerals, L.P. (NASDAQ:DMLP) issued its quarterly earnings data on Thursday, August, 6th. The energy company reported $0.03 earnings per share (EPS) for the quarter. The energy company earned $6.80 million during the quarter. Dorchester Minerals had a net margin of 75.07% and a trailing twelve-month return on equity of 73.63%.
How often does Dorchester Minerals pay dividends? What is the dividend yield for Dorchester Minerals?: Dorchester Minerals declared a quarterly dividend on Thursday, April 20th. Shareholders of record on Monday, May 1st will be paid a dividend of $0.99 per share on Thursday, May 11th. This represents a $3.96 dividend on an annualized basis and a yield of 13.72%. The ex-dividend date of this dividend is Friday, April 28th. This is a positive change from the stock's previous quarterly dividend of $0.88.
Read our dividend analysis for DMLP.
What ETFs hold Dorchester Minerals' stock?: ETFs with the largest weight of Dorchester Minerals (NASDAQ:DMLP) stock in their portfolio include Global SuperDividend US ETF (DIV), First Trust Multi-Asset Diversified Income Index Fund (MDIV), Virtus Real Asset Income ETF (VRAI), RH Hedged Multi-Asset Income ETF (AMAX), Arrow Dow Jones Global Yield ETF (GYLD) and Horizon Kinetics Inflation Beneficiaries ETF (INFL).Barrons 400 ETF (BFOR) and
Is Dorchester Minerals a good dividend stock?: Dorchester Minerals (NASDAQ:DMLP) pays an annual dividend of $3.96 per share and currently has a dividend yield of 13.83%. DMLP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 121.47%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for DMLP.
What is William Casey McManemin's approval rating as Dorchester Minerals' CEO?: 1 employees have rated Dorchester Minerals Chief Executive Officer William Casey McManemin on Glassdoor.com. William Casey McManemin has an approval rating of 100% among the company's employees. This puts William Casey McManemin in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 56.0% of employees surveyed would recommend working at Dorchester Minerals to a friend.

What other stocks do shareholders of Dorchester Minerals own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Dorchester Minerals investors own include AT&T (T), Energy Transfer (ET), Enterprise Products Partners (EPD), NVIDIA (NVDA), Bank of Hawaii (BOH), Chevron (CVX), InterDigital (IDCC), Phillips 66 (PSX), Verizon Communications (VZ) and Marathon Petroleum (MPC).
What is Dorchester Minerals' stock symbol?: Dorchester Minerals trades on the NASDAQ under the ticker symbol "DMLP."
Who are Dorchester Minerals' major shareholders?: Dorchester Minerals' stock is owned by many different institutional and retail investors. Top institutional investors include Meixler Investment Management Ltd. (1.20%), Mirae Asset Global Investments Co. Ltd. (1.19%), Delta Investment Management LLC (0.85%), First Trust Advisors LP (0.47%), Bank of America Corp DE (0.41%) and Edge Capital Group LLC (0.26%). Insiders that own company stock include Bradley J Ehrman, Leslie A Moriyama and Minerals Operating Dorchester.
View institutional ownership trends.
How do I buy shares of Dorchester Minerals?: Shares of DMLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Dorchester Minerals' stock price today?: One share of DMLP stock can currently be purchased for approximately $28.87.
How much money does Dorchester Minerals make?: Dorchester Minerals (NASDAQ:DMLP) has a market capitalization of $1.11 billion and generates $170.80 million in revenue each year. The energy company earns $126.12 million in net income (profit) each year or $3.26 on an earnings per share basis.
How many employees does Dorchester Minerals have?: The company employs 2,020 workers across the globe.
How can I contact Dorchester Minerals?: Dorchester Minerals' mailing address is 3838 OAK LAWN AVENUE SUITE 300, DALLAS TX, 75219. The official website for the company is www.dmlp.net. The energy company can be reached via phone at (214) 559-0300 or via fax at 302-655-5049.

This page (NASDAQ:DMLP) was last updated on 6/1/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial