NYSE:LPG

Dorian LPG (LPG) Stock Price, News & Analysis

$40.93
+1.13 (+2.84%)
(As of 04/22/2024 ET)
Today's Range
$39.43
$40.96
50-Day Range
$33.86
$42.20
52-Week Range
$21.02
$49.54
Volume
520,481 shs
Average Volume
952,764 shs
Market Capitalization
$1.66 billion
P/E Ratio
5.44
Dividend Yield
4.89%
Price Target
$40.25

Dorian LPG MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
1.6% Downside
$40.25 Price Target
Short Interest
Healthy
8.81% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-8.20
Upright™ Environmental Score
News Sentiment
0.89mentions of Dorian LPG in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-25.38%
From $7.29 to $5.44 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.32 out of 5 stars

Transportation Sector

61st out of 112 stocks

Deep Sea Foreign Transportation Of Freight Industry

14th out of 27 stocks

LPG stock logo

About Dorian LPG Stock (NYSE:LPG)

Dorian LPG Ltd. is a leading holding company specializing in transporting liquefied petroleum gas (LPG). With a focus on managing gas carriers and providing customer services, the company has established itself as a prominent player in the industry. Headquartered in Stamford, CT, Dorian LPG has served diverse customers since its founding in 2013. 

The company manages a fleet of gas carriers and offers in-house commercial and technical management services to ensure the safe and efficient transportation of LPG. With a mission to be a reliable and innovative partner for LPG transportation, Dorian LPG caters to a global market, serving various industries such as energy, agriculture, and manufacturing.

Under the leadership of Chairman, President, and Chief Executive Officer John Constantine Hadjipateras, Dorian LPG boasts a capable management team with a wealth of experience in the maritime industry. The management team's expertise and strategic vision have been instrumental in Dorian LPG's achievements and milestones.

Dorian LPG has demonstrated strong financial performance over the years, reflected in its revenue, earnings, and profit margins. With healthy profit margins, Dorian LPG has effectively managed its operations and achieved profitability. Furthermore, the company maintains a prudent approach to debt management, with a debt-to-equity ratio lower than the industry average, indicating a balanced capital structure.

Dorian LPG's stock performance has witnessed notable movements, indicating market dynamics and investor sentiment. Recent news or events may have influenced the company's share price, highlighting the importance of monitoring industry developments and market trends. Investors should remain cognizant of potential market fluctuations and stay informed about the factors driving the company's stock performance.

Operating in the deep sea foreign transportation of freight industry, Dorian LPG faces both opportunities and challenges. The industry is characterized by increasing demand for LPG transportation, driven by population growth, industrialization, and changing energy needs. However, the industry is also subject to regulatory and political issues impacting operations and profitability. Dorian LPG maintains a competitive edge through its expertise, efficient fleet management, and customer-centric approach, enabling the company to capitalize on market opportunities and navigate industry challenges.

Dorian LPG has identified several growth opportunities to expand its business further and enhance its market position. Dorian LPG can pursue growth by increasing its fleet of gas carriers. This would allow the company to meet the increasing demand for LPG transportation and serve a broader customer base. By strategically investing in new vessels or acquiring existing ones, Dorian LPG can strengthen its market presence and capture additional market share.

Embracing technological advancements and innovations in the maritime industry can give Dorian LPG a competitive advantage. The company can explore opportunities to optimize vessel operations, improve fuel efficiency and enhance safety measures. Investing in advanced navigation systems, onboard monitoring technologies, and eco-friendly initiatives can position Dorian LPG as an industry leader in terms of operational excellence and environmental stewardship.

As environmental sustainability gains prominence globally, Dorian LPG can leverage its expertise and resources to capitalize on the growing demand for eco-friendly shipping solutions. By adopting cleaner fuels, exploring alternative energy sources, or participating in emission reduction programs, Dorian LPG can position itself as a responsible and sustainable player in the industry. This can attract environmentally conscious customers and enhance the company's reputation.

While Dorian LPG has promising growth opportunities, it also faces several risks and challenges that should be carefully considered. Dorian LPG's performance is susceptible to macroeconomic factors such as global oil price fluctuations, trade policy changes, and geopolitical tensions. Economic downturns or recessions can impact the demand for LPG transportation and affect the company's financial performance.

The maritime industry is subject to extensive international, regional, and local regulations governing vessel operations, safety standards, and environmental compliance. Changes in regulations or introducing new requirements can increase compliance costs and operational challenges for Dorian LPG.

Dorian LPG operates in a competitive industry with several established players and potential new entrants. Intense competition can lead to price pressures, reduced profit margins, and the need for continuous investment in fleet modernization and operational efficiency.

As the focus on sustainability grows, stricter environmental regulations and societal expectations may require Dorian LPG to adopt costly emission control technologies or invest in cleaner energy sources. Failure to meet evolving environmental standards could negatively impact the company's reputation and market position.

Rapid technological advancements, such as autonomous vessels or alternative energy sources, could disrupt the traditional maritime industry. Dorian LPG needs to stay abreast of technological developments and be prepared to adapt and invest in new technologies to remain competitive.

LPG Stock Price History

LPG Stock News Headlines

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LPG Jun 2024 17.500 put
LPG Mar 2024 22.000 call
LPG Mar 2024 34.000 put
Dorian LPG Ltd Q3 Profit Increases, beats estimates
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Ex-Dividend for 2/27 Dividend
2/02/2024
Dividend Payable
2/27/2024
Today
4/22/2024
Next Earnings (Estimated)
5/22/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Fax
N/A
Employees
602
Year Founded
2013

Price Target and Rating

Average Stock Price Target
$40.25
High Stock Price Target
$50.00
Low Stock Price Target
$32.00
Potential Upside/Downside
-0.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$172.44 million
Pretax Margin
55.02%

Debt

Sales & Book Value

Annual Sales
$389.75 million
Cash Flow
$6.27 per share
Book Value
$21.66 per share

Miscellaneous

Free Float
34,139,000
Market Cap
$1.64 billion
Optionable
Optionable
Beta
1.13

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LPG Stock Analysis - Frequently Asked Questions

Should I buy or sell Dorian LPG stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dorian LPG in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LPG shares.
View LPG analyst ratings
or view top-rated stocks.

What is Dorian LPG's stock price target for 2024?

4 equities research analysts have issued 12 month target prices for Dorian LPG's stock. Their LPG share price targets range from $32.00 to $50.00. On average, they predict the company's stock price to reach $40.25 in the next twelve months. This suggests that the stock has a possible downside of 1.6%.
View analysts price targets for LPG
or view top-rated stocks among Wall Street analysts.

How have LPG shares performed in 2024?

Dorian LPG's stock was trading at $43.87 at the beginning of 2024. Since then, LPG stock has decreased by 6.8% and is now trading at $40.89.
View the best growth stocks for 2024 here
.

When is Dorian LPG's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our LPG earnings forecast
.

How were Dorian LPG's earnings last quarter?

Dorian LPG Ltd. (NYSE:LPG) announced its quarterly earnings results on Thursday, February, 1st. The shipping company reported $2.62 EPS for the quarter, topping analysts' consensus estimates of $2.27 by $0.35. The shipping company earned $163.06 million during the quarter, compared to analyst estimates of $154.49 million. Dorian LPG had a trailing twelve-month return on equity of 33.59% and a net margin of 55.02%. During the same quarter in the previous year, the business posted $1.29 earnings per share.

How often does Dorian LPG pay dividends? What is the dividend yield for Dorian LPG?

Dorian LPG announced a None dividend on Wednesday, January 24th. Shareholders of record on Monday, February 5th will be given a dividend of $1.00 per share on Tuesday, February 27th. The ex-dividend date of this dividend is Friday, February 2nd.
Read our dividend analysis for LPG
.

Is Dorian LPG a good dividend stock?

Dorian LPG (NYSE:LPG) pays an annual dividend of $2.00 per share and currently has a dividend yield of 5.03%. LPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 26.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPG will have a dividend payout ratio of 36.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LPG.

What guidance has Dorian LPG issued on next quarter's earnings?

Dorian LPG issued an update on its third quarter 2024 earnings guidance on Friday, January, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $161.3 million-$163.3 million, compared to the consensus revenue estimate of $172.7 million.

What other stocks do shareholders of Dorian LPG own?
Who are Dorian LPG's major shareholders?

Dorian LPG's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.19%), Los Angeles Capital Management LLC (0.16%) and Abner Herrman & Brock LLC (0.03%). Insiders that own company stock include Alexander C Hadjipateras, Christina Tan, John C Hadjipateras, John Lycouris, Theodore B Young, Thomas Jason Coleman and Tim Truels Hansen.
View institutional ownership trends
.

How do I buy shares of Dorian LPG?

Shares of LPG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:LPG) was last updated on 4/22/2024 by MarketBeat.com Staff

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