Dorchester Minerals (DMLP) Stock Price, News & Analysis

Company Overview

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States. Its royalty properties include producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in 593 counties and parishes in 28 states; and net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership. Dorchester Minerals Management LP serves as the general partner of Dorchester Minerals, L.P. The company was founded in 1982 and is based in Dallas, Texas.

Key Stats

• Today's Range: $33.10 to $33.74
• 50-Day Range: $29.28 to $33.73
• 52-Week Range: $27.90 to $35.74
• Volume: 113,236 shs
• Average Volume: 85,249 shs
• Market Capitalization: $1.58 billion
• P/E Ratio: 12.01
• Dividend Yield: 11.92%
• Price Target: N/A
• Consensus Rating: N/A

Dorchester Minerals Stock Analysis - MarketRank™

Dorchester Minerals scored higher than 41% of companies evaluated by MarketBeat, and ranked 202nd out of 264 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Dorchester Minerals.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Dorchester Minerals is 12.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Dorchester Minerals is 12.01, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.91.

Price to Book Value per Share Ratio

Dorchester Minerals has a P/B Ratio of 3.99. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.11% of the float of Dorchester Minerals has been sold short.

Short Interest Ratio / Days to Cover

Dorchester Minerals has a short interest ratio ("days to cover") of 7.4.

Change versus previous month

Short interest in Dorchester Minerals has recently increased by 13.36%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Dorchester Minerals is a leading dividend payer. It pays a dividend yield of 11.96%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Dorchester Minerals does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Dorchester Minerals is 143.17%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.11% of the float of Dorchester Minerals has been sold short.

Short Interest Ratio / Days to Cover

Dorchester Minerals has a short interest ratio ("days to cover") of 7.4.

Change versus previous month

Short interest in Dorchester Minerals has recently increased by 13.36%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 1.74

News Sentiment

Dorchester Minerals has a news sentiment score of 1.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Dorchester Minerals this week, compared to 1 article on an average week.

Search Interest

4 people have searched for DMLP on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Dorchester Minerals to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Dorchester Minerals insiders have bought more of their company's stock than they have sold. Specifically, they have bought $104,907.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 7.10% of the stock of Dorchester Minerals is held by insiders.

Percentage Held by Institutions

Only 19.21% of the stock of Dorchester Minerals is held by institutions.

DMLP Stock Analysis - Frequently Asked Questions

How have DMLP shares performed this year?

Dorchester Minerals' stock was trading at $31.83 at the beginning of 2024. Since then, DMLP stock has increased by 4.9% and is now trading at $33.40.
View the best growth stocks for 2024 here.

How were Dorchester Minerals' earnings last quarter?

Dorchester Minerals, L.P. (NASDAQ:DMLP) announced its quarterly earnings results on Thursday, October, 31st. The energy company reported $0.87 earnings per share (EPS) for the quarter. The energy company earned $53.47 million during the quarter. Dorchester Minerals had a net margin of 66.02% and a trailing twelve-month return on equity of 48.81%.

Who are Dorchester Minerals' major shareholders?

Dorchester Minerals' top institutional shareholders include Horizon Kinetics Asset Management LLC (1.89%), Royce & Associates LP (1.34%), Meixler Investment Management Ltd. (1.05%) and Kingsview Wealth Management LLC (0.56%). Insiders that own company stock include Bradley J Ehrman, Leslie A Moriyama and Minerals Operating Dorchester.
View institutional ownership trends.

How do I buy shares of Dorchester Minerals?

Shares of DMLP 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 Dorchester Minerals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Dorchester Minerals investors own include CTO Realty Growth (CTO), FS KKR Capital (FSK), Barings BDC (BBDC), Meta Platforms (META), AGNC Investment (AGNC), Energy Transfer (ET) and Rio Tinto Group (RIO).

Company Calendar

• Ex-Dividend for 11/7 Dividend: 10/28/2024
• Last Earnings: 10/31/2024
• Dividend Payable: 11/07/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NASDAQ:DMLP
• CUSIP: N/A
• CIK: 1172358
• Web: www.dmlp.net
• Phone: (214) 559-0300
• Fax: 302-655-5049
• Employees: 27
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $2.78
• Trailing P/E Ratio: 12.01
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $110.39 million
• Net Margins: 66.02%
• Pretax Margin: 66.76%
• Return on Equity: 48.81%
• Return on Assets: 47.61%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 14.21
• Quick Ratio: 14.21

Sales & Book Value

• Annual Sales: $172.23 million
• Price / Sales: 9.18
• Cash Flow: $3.57 per share
• Price / Cash Flow: 9.36
• Book Value: $4.79 per share
• Price / Book: 6.97

Miscellaneous

• Outstanding Shares: 47,340,000
• Free Float: 43,979,000
• Market Cap: $1.58 billion
• Optionable: Optionable
• Beta: 1.09