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S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?

Dorian LPG Stock Price, News & Analysis (NYSE:LPG)

$42.45
-1.59 (-3.61%)
(As of 12/6/2023 ET)
Compare
Today's Range
$42.28
$44.53
50-Day Range
$26.68
$44.26
52-Week Range
$15.81
$45.06
Volume
751,789 shs
Average Volume
688,541 shs
Market Capitalization
$1.72 billion
P/E Ratio
6.71
Dividend Yield
7.07%
Price Target
$32.58

Dorian LPG MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
23.3% Downside
$32.58 Price Target
Short Interest
Bearish
6.28% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-8.38
Upright™ Environmental Score
News Sentiment
0.45mentions of Dorian LPG in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$1.70 M Sold Last Quarter
Proj. Earnings Growth
18.60%
From $7.31 to $8.67 Per Share

Overall MarketRank

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

2.22 out of 5 stars

Energy Sector

24th out of 37 stocks

Oil & Gas Midstream Industry

3rd out of 6 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 (NYSE:LPG) Raised to "Buy" at StockNews.com
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
3 Reasons Growth Investors Will Love Dorian LPG (LPG)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Jefferies Upgrades Dorian LPG (LPG)
Top 11 Extreme Value Stocks To Buy
Dorian LPG's Earnings Outlook
Dorian LPG earnings preview: what Wall Street is expecting
Dorian LPG Q3 2024 Earnings Preview
Dorian LPG Q2 2024 Earnings Preview
See More Headlines
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Company Calendar

Ex-Dividend for 11/2 Dividend
10/19/2023
Last Earnings
11/02/2023
Dividend Payable
11/02/2023
Today
12/06/2023
Next Earnings (Estimated)
2/07/2024
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Oil & Gas Midstream
Sub-Industry
N/A
Sector
Energy
Fax
N/A
Employees
602
Year Founded
2013

Price Target and Rating

Average Stock Price Target
$32.58
High Stock Price Target
$50.00
Low Stock Price Target
$19.00
Potential Upside/Downside
-23.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$172.44 million
Pretax Margin
51.81%

Debt

Sales & Book Value

Annual Sales
$389.75 million
Cash Flow
$6.00 per share
Book Value
$21.66 per share

Miscellaneous

Free Float
34,151,000
Market Cap
$1.72 billion
Optionable
Optionable
Beta
1.22

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LPG Stock Analysis - Frequently Asked Questions

Should I buy or sell Dorian LPG stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dorian LPG in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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?

5 equities research analysts have issued 12-month price targets for Dorian LPG's shares. Their LPG share price targets range from $19.00 to $50.00. On average, they predict the company's share price to reach $32.58 in the next year. This suggests that the stock has a possible downside of 23.3%.
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 beginning of the year. Since then, LPG shares have increased by 124.0% and is now trading at $42.45.
View the best growth stocks for 2023 here
.

Are investors shorting Dorian LPG?

Dorian LPG saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 1,990,000 shares, an increase of 5.9% from the October 15th total of 1,880,000 shares. Based on an average daily trading volume, of 782,400 shares, the days-to-cover ratio is currently 2.5 days. Currently, 5.9% 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, February 7th 2024.
View our LPG earnings forecast
.

How were Dorian LPG's earnings last quarter?

Dorian LPG Ltd. (NYSE:LPG) announced its earnings results on Thursday, November, 2nd. The shipping company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.12. The shipping company earned $144.70 million during the quarter, compared to the consensus estimate of $135.02 million. Dorian LPG had a trailing twelve-month return on equity of 28.85% and a net margin of 51.81%.

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

Dorian LPG declared a Variable dividend on Friday, October 6th. Shareholders of record on Friday, October 20th will be paid a dividend of $1.00 per share on Thursday, November 2nd. The ex-dividend date of this dividend is Thursday, October 19th.
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 6.86%. LPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 47.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPG will have a dividend payout ratio of 34.60% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LPG.

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 Morgan Stanley (2.01%), Invesco Ltd. (1.97%), American Century Companies Inc. (1.28%), JPMorgan Chase & Co. (1.20%), Charles Schwab Investment Management Inc. (1.03%) and Northern Trust Corp (0.81%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:LPG) was last updated on 12/7/2023 by MarketBeat.com Staff

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