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NYSE:LPG

Dorian LPG (LPG) Stock Price, News & Analysis

$41.42
+1.91 (+4.83%)
(As of 07/26/2024 ET)
Today's Range
$39.74
$41.44
50-Day Range
$39.27
$51.13
52-Week Range
$24.17
$51.66
Volume
855,523 shs
Average Volume
463,652 shs
Market Capitalization
$1.68 billion
P/E Ratio
5.45
Dividend Yield
4.83%
Price Target
$45.67

Dorian LPG MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
10.3% Upside
$45.67 Price Target
Short Interest
Bearish
8.17% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-8.25
Upright™ Environmental Score
News Sentiment
0.62mentions of Dorian LPG in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
38.35%
From $4.72 to $6.53 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.

4.52 out of 5 stars

Transportation Sector

16th out of 120 stocks

Deep Sea Foreign Transportation Of Freight Industry

3rd out of 32 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

Dorian LPG Ltd. (NYSE:LPG) Declares $1.00 None Dividend
LPG Dec 2024 24.000 put
625,000% Gain
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Dorian LPG: Upgrading To The Next Chapter Of Growth
625,000% Gain
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Dorian LPG Ltd Q4 Profit Increases, Beats Estimates
Dorian LPG: Fiscal Q4 Earnings Snapshot
Here's what Wall Street expects from Dorian LPG's earnings
See More Headlines
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Company Calendar

Ex-Dividend for 5/30 Dividend
5/07/2024
Last Earnings
5/22/2024
Dividend Payable
5/30/2024
Today
7/27/2024
Next Earnings (Confirmed)
8/01/2024
Ex-Dividend for 8/21 Dividend
8/08/2024
Dividend Payable
8/21/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Transportation
Fax
N/A
Employees
540
Year Founded
2013

Price Target and Rating

Average Stock Price Target
$45.67
High Stock Price Target
$52.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+10.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$307.45 million
Pretax Margin
54.83%

Debt

Sales & Book Value

Annual Sales
$560.72 million
Cash Flow
$10.49 per share
Book Value
$25.21 per share

Miscellaneous

Free Float
34,161,000
Market Cap
$1.68 billion
Optionable
Optionable
Beta
0.97

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LPG Stock Analysis - Frequently Asked Questions

How have LPG shares performed this year?

Dorian LPG's stock was trading at $43.87 at the beginning of the year. Since then, LPG shares have decreased by 5.6% and is now trading at $41.42.
View the best growth stocks for 2024 here
.

How were Dorian LPG's earnings last quarter?

Dorian LPG Ltd. (NYSE:LPG) issued its earnings results on Wednesday, May, 22nd. The shipping company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.10. The firm's quarterly revenue was up 5.8% on a year-over-year basis.

Who are Dorian LPG's major shareholders?

Dorian LPG's top institutional investors include Bank of New York Mellon Corp (0.63%), Cambridge Investment Research Advisors Inc. (0.28%), Allspring Global Investments Holdings LLC (0.17%) and Raymond James & Associates (0.09%). Insiders that own company stock include John C Hadjipateras, John Lycouris, Tim Truels Hansen, Theodore B Young, Alexander C Hadjipateras, Thomas Jason Coleman and Christina Tan.
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.

What other stocks do shareholders of Dorian LPG own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Dorian LPG investors own include Energy Transfer (ET), Tsakos Energy Navigation (TNP), Capital Product Partners (CPLP), GasLog (GLOG), Genco Shipping & Trading (GNK), Advanced Micro Devices (AMD) and Enterprise Products Partners (EPD).

This page (NYSE:LPG) was last updated on 7/27/2024 by MarketBeat.com Staff

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