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Dorchester Minerals L.P is an oil & gas e&p business based in the US. Dorchester Minerals L-P shares (DMLP) are listed on the NASDAQ and all prices are listed in US Dollars.
|Latest market close||$20.15|
|52-week range||$9.16 - $20.89|
|50-day moving average||$18.29|
|200-day moving average||$16.33|
|Wall St. target price||N/A|
|Dividend yield||$1.352 (6.74%)|
|Earnings per share (TTM)||$1.12|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-10-18)||2.03%|
|1 month (2021-09-24)||11.94%|
|3 months (2021-07-23)||21.39%|
|6 months (2021-04-23)||37.82%|
|1 year (2020-10-23)||92.27%|
|2 years (2019-10-25)||12.57%|
|3 years (2018-10-25)||9.04%|
|5 years (2016-10-25)||28.75%|
Valuing Dorchester Minerals L-P stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Dorchester Minerals L-P's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Dorchester Minerals L-P's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Dorchester Minerals L-P shares trade at around 18x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Dorchester Minerals L-P's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $50.7 million.
The EBITDA is a measure of a Dorchester Minerals L-P's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$62 million|
|Operating margin TTM||65.05%|
|Gross profit TTM||$41.2 million|
|Return on assets TTM||24.37%|
|Return on equity TTM||40.67%|
|Market capitalisation||$696.4 million|
TTM: trailing 12 months
There are currently 108,694 Dorchester Minerals L-P shares held short by investors – that's known as Dorchester Minerals L-P's "short interest". This figure is 1.3% down from 110,113 last month.
There are a few different ways that this level of interest in shorting Dorchester Minerals L-P shares can be evaluated.
Dorchester Minerals L-P's "short interest ratio" (SIR) is the quantity of Dorchester Minerals L-P shares currently shorted divided by the average quantity of Dorchester Minerals L-P shares traded daily (recently around 87656.451612903). Dorchester Minerals L-P's SIR currently stands at 1.24. In other words for every 100,000 Dorchester Minerals L-P shares traded daily on the market, roughly 1240 shares are currently held short.
However Dorchester Minerals L-P's short interest can also be evaluated against the total number of Dorchester Minerals L-P shares, or, against the total number of tradable Dorchester Minerals L-P shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Dorchester Minerals L-P's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Dorchester Minerals L-P shares in existence, roughly 0 shares are currently held short) or 0.0033% of the tradable shares (for every 100,000 tradable Dorchester Minerals L-P shares, roughly 3 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Dorchester Minerals L-P.
Find out more about how you can short Dorchester Minerals L-P stock.
Dividend payout ratio: 94.93% of net profits
Recently Dorchester Minerals L-P has paid out, on average, around 94.93% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.87% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Dorchester Minerals L-P shareholders could enjoy a 6.87% return on their shares, in the form of dividend payments. In Dorchester Minerals L-P's case, that would currently equate to about $1.352 per share.
Dorchester Minerals L-P's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Dorchester Minerals L-P's most recent dividend payout was on 11 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 July 2021 (the "ex-dividend date").
Dorchester Minerals L-P's shares were split on a 2:1 basis on 6 August 1989. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Dorchester Minerals L-P shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Dorchester Minerals L-P shares which in turn could have impacted Dorchester Minerals L-P's share price.
Over the last 12 months, Dorchester Minerals L-P's shares have ranged in value from as little as $9.157 up to $20.89. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Dorchester Minerals L-P's is 1.2947. This would suggest that Dorchester Minerals L-P's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Dorchester Minerals, L. P. engages in the acquisition, ownership, and administration of producing and nonproducing natural gas and crude oil royalty, net profits, and leasehold interests in the United States. Its royalty properties consist of producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests located in 587 counties and parishes in 27 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 incorporated in 2001 and is based in Dallas, Texas.
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