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S&P 500   4,320.06
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3 Reasons This Sleeping Giant Is About To Wake Up
30 Days of MarketBeat All Access Free (Ad)
MarketBeat Week in Review – 9/18 - 9/22
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Auto workers still have room to expand their strike against car makers. But they also face risks
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
30 Days of MarketBeat All Access Free (Ad)
MarketBeat Week in Review – 9/18 - 9/22
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Auto workers still have room to expand their strike against car makers. But they also face risks
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
30 Days of MarketBeat All Access Free (Ad)
MarketBeat Week in Review – 9/18 - 9/22
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Auto workers still have room to expand their strike against car makers. But they also face risks
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
NYSE:LPG

Dorian LPG (LPG) Stock Forecast, Price & News

$29.38
+1.24 (+4.41%)
(As of 09/22/2023 ET)
Compare
Today's Range
$28.20
$29.61
50-Day Range
$24.58
$29.74
52-Week Range
$12.90
$30.09
Volume
1.09 million shs
Average Volume
568,463 shs
Market Capitalization
$1.19 billion
P/E Ratio
5.94
Dividend Yield
10.21%
Price Target
$26.98

Dorian LPG MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
8.2% Downside
$26.98 Price Target
Short Interest
Healthy
3.68% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.00
Upright™ Environmental Score
News Sentiment
0.79mentions of Dorian LPG in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$7.16 M Sold Last Quarter
Proj. Earnings Growth
-50.59%
From $4.25 to $2.10 Per Share

Overall MarketRank

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

2.18 out of 5 stars

Transportation Sector

67th out of 110 stocks

Deep Sea Foreign Transportation Of Freight Industry

14th out of 24 stocks


LPG stock logo

About Dorian LPG (NYSE:LPG) Stock

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 Price History

LPG Stock News Headlines

Dorian LPG (NYSE:LPG) Rating Lowered to Hold at StockNews.com
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Dorian LPG (LPG) Receives a Hold from Cleaves Securities
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Cleaves Securities Reaffirms Their Hold Rating on Dorian LPG (LPG)
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Jefferies Downgrades Dorian LPG (LPG)
Q1 2024 Dorian LPG Ltd Earnings Call
Bull Of The Day: Dorian (LPG)
See More Headlines
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LPG Company Calendar

Last Earnings
8/02/2023
Ex-Dividend for 9/6 Dividend
8/09/2023
Dividend Payable
9/06/2023
Today
9/23/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
3/31/2024

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 Forecast
$26.98
High Stock Price Forecast
$32.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
-8.2%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$172.44 million
Pretax Margin
46.96%

Debt

Sales & Book Value

Annual Sales
$424.49 million
Cash Flow
$6.46 per share
Book Value
$21.66 per share

Miscellaneous

Free Float
33,970,000
Market Cap
$1.19 billion
Optionable
Optionable
Beta
1.17

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Key Executives

  • Mr. John C. Hadjipateras (Age 73)
    Chairman, Pres & CEO
    Comp: $1.56M
  • Mr. Theodore B. Young (Age 56)
    CFO, Treasurer and Principal Financial & Accounting Officer
    Comp: $862.52k
  • Mr. Alexander C. HadjipaterasMr. Alexander C. Hadjipateras (Age 44)
    Sr. EVP of Dorian LPG (USA) LLC & MD of Dorian LPG Management Corp
    Comp: $632.3k
  • Mr. Tim T. Hansen (Age 54)
    Chief Commercial Officer
    Comp: $1.05M
  • Mr. Nigel Grey-Turner
    VP of Chartering, Insurance & Legal
  • Mr. Constantine J. Markakis
    CEO of Dorian LPG Management - Athens and Pres of Dorian LPG Management - Athens













LPG Stock - Frequently Asked Questions

Should I buy or sell Dorian LPG stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dorian LPG in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" LPG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LPG, but not buy additional shares or sell existing shares.
View LPG analyst ratings
or view top-rated stocks.

What is Dorian LPG's stock price forecast for 2023?

4 brokers have issued 1-year price targets for Dorian LPG's stock. Their LPG share price forecasts range from $19.00 to $32.00. On average, they expect the company's stock price to reach $26.98 in the next year. This suggests that the stock has a possible downside of 8.2%.
View analysts price targets for LPG
or view top-rated stocks among Wall Street analysts.

How have LPG shares performed in 2023?

Dorian LPG's stock was trading at $18.95 at the start of the year. Since then, LPG stock has increased by 55.0% and is now trading at $29.38.
View the best growth stocks for 2023 here
.

Are investors shorting Dorian LPG?

Dorian LPG saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,240,000 shares, a drop of 19.5% from the August 15th total of 1,540,000 shares. Based on an average daily volume of 589,400 shares, the days-to-cover ratio is presently 2.1 days. Currently, 3.7% of the company's shares are short sold.
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 1st 2023.
View our LPG earnings forecast
.

How were Dorian LPG's earnings last quarter?

Dorian LPG Ltd. (NYSE:LPG) posted its quarterly earnings data on Wednesday, August, 2nd. The shipping company reported $1.21 EPS for the quarter, missing the consensus estimate of $1.64 by $0.43. The shipping company earned $111.56 million during the quarter. Dorian LPG had a trailing twelve-month return on equity of 22.93% and a net margin of 46.96%. During the same quarter last year, the business posted $0.56 EPS.

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

Dorian LPG declared a Variable dividend on Thursday, July 27th. Shareholders of record on Thursday, August 10th will be given a dividend of $1.00 per share on Wednesday, September 6th. The ex-dividend date of this dividend is Wednesday, August 9th.
Read our dividend analysis for LPG
.

Is Dorian LPG a good dividend stock?

Dorian LPG (NYSE:LPG) pays an annual dividend of $3.00 per share and currently has a dividend yield of 10.87%. LPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 60.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, LPG will have a dividend payout ratio of 142.86% 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 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 shareholders include BlackRock Inc. (12.71%), Dimensional Fund Advisors LP (7.90%), State Street Corp (2.86%), Pacer Advisors Inc. (1.60%), Geode Capital Management LLC (1.53%) and JPMorgan Chase & Co. (1.28%). Insiders that own company stock include Alexander C Hadjipateras, Christina Tan, 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 $29.38.

How much money does Dorian LPG make?

Dorian LPG (NYSE:LPG) has a market capitalization of $1.19 billion and generates $424.49 million in revenue each year. The shipping company earns $172.44 million in net income (profit) each year or $4.95 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 9/24/2023 by MarketBeat.com Staff

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