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How to buy Dorchester Minerals L-P stock | $12.16

Own Dorchester Minerals L-P stock in just a few minutes.

Fact checked

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.

How to buy shares in Dorchester Minerals L-P

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Dorchester Minerals L-P. Find the stock by name or ticker symbol: DMLP. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Dorchester Minerals L-P reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$12.16, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Dorchester Minerals L-P, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Dorchester Minerals L-P. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Dorchester Minerals L-P share price

Use our graph to track the performance of DMLP stocks over time.

Dorchester Minerals L-P shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$12.16
52-week rangeUSD$7.7752 - USD$19.1663
50-day moving average USD$11.1894
200-day moving average USD$11.0558
Wall St. target priceN/A
PE ratio 14.6538
Dividend yield USD$1.39 (12.17%)
Earnings per share (TTM) USD$0.78

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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.

Is it a good time to buy Dorchester Minerals L-P stock?

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.

Dorchester Minerals L-P price performance over time

Historical closes compared with the close of $12.16 from 2021-01-11

1 week (2021-01-14) -7.81%
1 month (2020-12-21) 5.74%
3 months (2020-10-21) 18.06%
6 months (2020-07-21) 7.14%
1 year (2020-01-21) -40.94%
2 years (2019-01-18) -28.89%
3 years (2018-01-19) 16.35
5 years (2016-01-21) 22.46%

Is Dorchester Minerals L-P under- or over-valued?

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 P/E ratio

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 15x. In other words, Dorchester Minerals L-P shares trade at around 15x 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

Dorchester Minerals L-P's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$40.8 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.

Dorchester Minerals L-P financials

Revenue TTM USD$51.4 million
Operating margin TTM 54.3%
Gross profit TTM USD$72.2 million
Return on assets TTM 15.95%
Return on equity TTM 26.85%
Profit margin 52.63%
Book value $2.573
Market capitalisation USD$396.4 million

TTM: trailing 12 months

Shorting Dorchester Minerals L-P shares

There are currently 80,709 Dorchester Minerals L-P shares held short by investors – that's known as Dorchester Minerals L-P's "short interest". This figure is 24% down from 106,198 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)

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 104816.88311688). Dorchester Minerals L-P's SIR currently stands at 0.77. In other words for every 100,000 Dorchester Minerals L-P shares traded daily on the market, roughly 770 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 0.0026% 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.

Dorchester Minerals L-P share dividends

Dividend payout ratio: 235.21% of net profits

Recently Dorchester Minerals L-P has paid out, on average, around 235.21% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 12.17% 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 12.17% return on their shares, in the form of dividend payments. In Dorchester Minerals L-P's case, that would currently equate to about $1.39 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 12 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 October 2020 (the "ex-dividend date").

Dorchester Minerals L-P share price volatility

Over the last 12 months, Dorchester Minerals L-P's shares have ranged in value from as little as $7.7752 up to $19.1663. A popular way to gauge a stock's volatility is its "beta".

DMLP.US volatility(beta: 1.46)Avg. volatility(beta: 1.00)LowHigh

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 1.4556. 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 overview

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 592 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 founded in 2003 and is based in Dallas, Texas.

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