Dorian LPG - LPG Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dorian LPG in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LPG shares.
View LPG analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 1-year price objectives for Dorian LPG's stock. Their LPG share price forecasts range from $20.00 to $20.00. On average, they expect the company's share price to reach $20.00 in the next year. This suggests a possible upside of 41.0% from the stock's current price.
View analysts price targets for LPG or view top-rated stocks among Wall Street analysts.

Dorian LPG's stock was trading at $12.69 at the beginning of the year. Since then, LPG shares have increased by 11.7% and is now trading at $14.18.
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Dorian LPG saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 1,290,000 shares, a decline of 28.7% from the August 15th total of 1,810,000 shares. Based on an average daily trading volume, of 575,700 shares, the days-to-cover ratio is presently 2.2 days. Currently, 3.8% of the shares of the stock are short sold.
View Dorian LPG's Short Interest.

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

Dorian LPG Ltd. (NYSE:LPG) announced its quarterly earnings data on Wednesday, August, 3rd. The shipping company reported $0.56 earnings per share (EPS) for the quarter. The shipping company earned $76.82 million during the quarter. Dorian LPG had a net margin of 31.56% and a trailing twelve-month return on equity of 7.85%.

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

Dorian LPG (NYSE:LPG) pays an annual dividend of $4.50 per share and currently has a dividend yield of 33.16%. LPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 199.12%. 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 737.70% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for LPG.

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Enterprise Products Partners (EPD), Pfizer (PFE), SolGold (SOLG) and Teekay Tankers (TNK).

Dorian LPG trades on the New York Stock Exchange (NYSE) under the ticker symbol "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.
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One share of LPG stock can currently be purchased for approximately $14.18.

Dorian LPG (NYSE:LPG) has a market capitalization of $571.92 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.

The company employs 602 workers across the globe.

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.