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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
NYSE:LPG

Dorian LPG - LPG Stock Forecast, Price & News

$15.42
-0.24 (-1.53%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$15.16
$15.92
50-Day Range
$13.92
$18.13
52-Week Range
$10.77
$18.50
Volume
751,433 shs
Average Volume
541,747 shs
Market Capitalization
$618.96 million
P/E Ratio
6.82
Dividend Yield
22.70%
Price Target
$19.50

Dorian LPG MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
26.5% Upside
$19.50 Price Target
Short Interest
Healthy
4.22% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.64mentions of Dorian LPG in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$4.70 M Sold Last Quarter
Proj. Earnings Growth
-31.46%
From $0.89 to $0.61 Per Share

Overall MarketRank

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

2.91 out of 5 stars

Transportation Sector

11th out of 125 stocks

Deep Sea Foreign Transportation Of Freight Industry

8th out of 29 stocks

LPG stock logo

About Dorian LPG (NYSE:LPG) Stock

Dorian LPG Ltd. is a holding company which engages in the transportation of liquefied petroleum gas. It focus on managing gas carriers and developing customer services. The firm also offers in-house commercial and technical management services to vessels in their fleet and vessels deployed in the Helios Pool. The company was founded on July 1, 2013 and is headquartered in Stamford, CT.

Dorian LPG Price Performance

Shares of NYSE:LPG traded down $0.24 during midday trading on Friday, hitting $15.42. The company had a trading volume of 751,433 shares, compared to its average volume of 541,747. The firm has a market capitalization of $618.96 million, a price-to-earnings ratio of 6.82 and a beta of 1.06. Dorian LPG has a twelve month low of $10.77 and a twelve month high of $18.50. The business has a 50-day simple moving average of $15.66 and a two-hundred day simple moving average of $14.96. The company has a quick ratio of 3.18, a current ratio of 3.21 and a debt-to-equity ratio of 0.72.

Dorian LPG (NYSE:LPG - Get Rating) last posted its quarterly earnings results on Thursday, May 26th. The shipping company reported $0.62 earnings per share (EPS) for the quarter. The company had revenue of $79.58 million during the quarter. Dorian LPG had a net margin of 31.56% and a return on equity of 7.85%. Equities research analysts anticipate that Dorian LPG will post 0.89 earnings per share for the current year.

Dorian LPG Cuts Dividend

The company also recently declared a Variable dividend, which will be paid on Friday, September 2nd. Stockholders of record on Monday, August 15th will be paid a dividend of $1.00 per share. The ex-dividend date is Friday, August 12th. Dorian LPG's dividend payout ratio (DPR) is presently 154.87%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on LPG shares. Clarkson Capital reiterated a "buy" rating on shares of Dorian LPG in a research note on Tuesday, June 14th. Jefferies Financial Group began coverage on Dorian LPG in a research note on Wednesday, July 20th. They set a "buy" rating and a $20.00 target price for the company.

Insider Buying and Selling

In other Dorian LPG news, Director Thomas Jason Coleman sold 112,240 shares of Dorian LPG stock in a transaction dated Tuesday, May 31st. The shares were sold at an average price of $17.11, for a total transaction of $1,920,426.40. Following the completion of the transaction, the director now owns 3,000,000 shares in the company, valued at $51,330,000. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Dorian LPG news, Director Thomas Jason Coleman sold 112,240 shares of the firm's stock in a transaction on Tuesday, May 31st. The stock was sold at an average price of $17.11, for a total transaction of $1,920,426.40. Following the completion of the transaction, the director now owns 3,000,000 shares of the company's stock, valued at $51,330,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Theodore B. Young sold 10,000 shares of the business's stock in a transaction on Friday, June 3rd. The stock was sold at an average price of $18.00, for a total value of $180,000.00. Following the completion of the transaction, the chief financial officer now directly owns 100,576 shares of the company's stock, valued at $1,810,368. The disclosure for this sale can be found here. Insiders have sold 277,240 shares of company stock worth $4,703,126 in the last three months. Corporate insiders own 28.60% of the company's stock.

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LPG Stock News Headlines

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Here's what Wall Street expects from Dorian LPG's earnings report
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Dorian LPG: The Rewards Outweigh The Risks
Dorian LPG Tops Q4 EPS by 1c
Dorian LPG raises dividend to $2.50/share
See More Headlines
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LPG Company Calendar

Ex-Dividend for 6/2 Dividend
5/13/2022
Last Earnings
5/26/2022
Dividend Payable
6/02/2022
Ex-Dividend for 9/2 Dividend
8/12/2022
Today
8/14/2022
Dividend Payable
9/02/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$19.50
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+26.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$71.93 million
Pretax Margin
31.56%

Debt

Sales & Book Value

Annual Sales
$274.22 million
Cash Flow
$3.37 per share
Book Value
$21.04 per share

Miscellaneous

Free Float
28,658,000
Market Cap
$618.96 million
Optionable
Optionable
Beta
1.06














LPG Stock - Frequently Asked Questions

Should I buy or sell Dorian LPG stock right now?

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

What is Dorian LPG's stock price forecast for 2022?

3 analysts have issued twelve-month target prices for Dorian LPG's shares. Their LPG share price forecasts range from $19.00 to $20.00. On average, they expect the company's share price to reach $19.50 in the next year. This suggests a possible upside of 26.5% from the stock's current price.
View analysts price targets for LPG
or view top-rated stocks among Wall Street analysts.

How have LPG shares performed in 2022?

Dorian LPG's stock was trading at $12.69 on January 1st, 2022. Since then, LPG shares have increased by 21.5% and is now trading at $15.42.
View the best growth stocks for 2022 here
.

Are investors shorting Dorian LPG?

Dorian LPG saw a increase in short interest in July. As of July 15th, there was short interest totaling 1,450,000 shares, an increase of 21.8% from the June 30th total of 1,190,000 shares. Based on an average daily trading volume, of 656,800 shares, the short-interest ratio is presently 2.2 days. Currently, 4.2% of the company's stock are sold short.
View Dorian LPG's Short Interest
.

When is Dorian LPG's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our LPG earnings forecast
.

How were Dorian LPG's earnings last quarter?

Dorian LPG Ltd. (NYSE:LPG) posted its earnings results on Thursday, May, 26th. The shipping company reported $0.62 EPS for the quarter. The shipping company had revenue of $79.58 million for the quarter. Dorian LPG had a trailing twelve-month return on equity of 7.85% and a net margin of 31.56%.

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

Dorian LPG declared a Variable dividend on Wednesday, August 3rd. Investors of record on Monday, August 15th will be given a dividend of $1.00 per share on Friday, September 2nd. The ex-dividend date is Friday, August 12th.
Read our dividend analysis for LPG
.

Is Dorian LPG a good dividend stock?

Dorian LPG (NYSE:LPG) pays an annual dividend of $3.50 per share and currently has a dividend yield of 22.70%. LPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 154.87%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, LPG will have a dividend payout ratio of 573.77% in the coming year. This indicates that the company may not be able to sustain their current 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 fourth quarter 2022 earnings guidance on Thursday, June, 16th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $77.50 million-$79.50 million, compared to the consensus revenue estimate of $77.43 million.

What other stocks do shareholders of Dorian LPG own?

What is Dorian LPG's stock symbol?

Dorian LPG trades on the New York Stock Exchange (NYSE) under the ticker symbol "LPG."

Who are Dorian LPG's major shareholders?

Dorian LPG's stock is owned by a variety of institutional and retail investors. Top institutional investors include Royce & Associates LP (3.65%), JPMorgan Chase & Co. (1.01%), Northern Trust Corp (0.75%), Private Management Group Inc. (0.55%), Principal Financial Group Inc. (0.52%) and Denali Advisors LLC (0.50%). Insiders that own company stock include Alexander C Hadjipateras, Christina Tan, Group Ltd Bw, John C Hadjipateras, John C Hadjipateras, John Lycouris, Theodore B Young and Thomas Jason Coleman.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Dorian LPG's stock price today?

One share of LPG stock can currently be purchased for approximately $15.42.

How much money does Dorian LPG make?

Dorian LPG (NYSE:LPG) has a market capitalization of $618.96 million and generates $274.22 million in revenue each year. The shipping company earns $71.93 million in net income (profit) each year or $2.26 on an earnings per share basis.

How many employees does Dorian LPG have?

The company employs 602 workers across the globe.

How can I contact Dorian LPG?

Dorian LPG's mailing address is 27 SIGNAL ROAD, STAMFORD CT, 06902. The official website for the company is www.dorianlpg.com. The shipping company can be reached via phone at (203) 674-9900 or via email at ir@dorianlpg.com.

This page (NYSE:LPG) was last updated on 8/14/2022 by MarketBeat.com Staff

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