NASDAQ:DMLP

Dorchester Minerals (DMLP) Stock Price, News & Analysis

$34.47
+0.64 (+1.89%)
(As of 04/22/2024 ET)
Today's Range
$34.00
$34.95
50-Day Range
$29.90
$35.44
52-Week Range
$27.02
$35.74
Volume
77,094 shs
Average Volume
59,243 shs
Market Capitalization
$1.36 billion
P/E Ratio
12.14
Dividend Yield
11.69%
Price Target
N/A

Dorchester Minerals MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
1.29% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.33mentions of Dorchester Minerals in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$448,648 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.83 out of 5 stars

Oils/Energy Sector

219th out of 234 stocks

Crude Petroleum & Natural Gas Industry

69th out of 75 stocks

DMLP stock logo

About Dorchester Minerals Stock (NASDAQ:DMLP)

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.

DMLP Stock Price History

DMLP Stock News Headlines

Dorchester Minerals (NASDAQ:DMLP) Trading Up 1.6%
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
DMLP Dorchester Minerals, L.P. Common Units
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Dorchester Minerals, L.P. Announces 2023 Results
Dorchester Minerals: Royalty Trust, 13% Yield
Dorchester Minerals LP's Dividend Analysis
See More Headlines
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Company Calendar

Ex-Dividend for 2/8 Dividend
1/26/2024
Dividend Payable
2/08/2024
Last Earnings
2/22/2024
Today
4/23/2024
Ex-Dividend for 5/9 Dividend
4/26/2024
Next Earnings (Estimated)
5/02/2024
Dividend Payable
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Current Symbol
NASDAQ:DMLP
Employees
27
Year Founded
N/A

Profitability

Net Income
$110.39 million
Pretax Margin
69.67%

Debt

Sales & Book Value

Annual Sales
$163.80 million
Cash Flow
$3.60 per share
Book Value
$4.79 per share

Miscellaneous

Free Float
36,773,000
Market Cap
$1.36 billion
Optionable
Optionable
Beta
1.11
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DMLP Stock Analysis - Frequently Asked Questions

How have DMLP shares performed in 2024?

Dorchester Minerals' stock was trading at $31.83 at the beginning of the year. Since then, DMLP stock has increased by 8.3% and is now trading at $34.47.
View the best growth stocks for 2024 here
.

When is Dorchester Minerals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our DMLP earnings forecast
.

How were Dorchester Minerals' earnings last quarter?

Dorchester Minerals, L.P. (NASDAQ:DMLP) released its quarterly earnings data on Thursday, February, 22nd. The energy company reported $0.90 earnings per share for the quarter. The energy company earned $50.42 million during the quarter. Dorchester Minerals had a net margin of 68.89% and a trailing twelve-month return on equity of 66.48%.

How often does Dorchester Minerals pay dividends? What is the dividend yield for Dorchester Minerals?

Dorchester Minerals declared a quarterly dividend on Thursday, April 18th. Stockholders of record on Monday, April 29th will be given a dividend of $0.782 per share on Thursday, May 9th. This represents a $3.13 annualized dividend and a yield of 9.07%. The ex-dividend date is Friday, April 26th.
Read our dividend analysis for DMLP
.

Is Dorchester Minerals a good dividend stock?

Dorchester Minerals (NASDAQ:DMLP) pays an annual dividend of $4.03 per share and currently has a dividend yield of 11.92%. DMLP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 141.90%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for DMLP.

What ETFs hold Dorchester Minerals' stock?
What is William Casey McManemin's approval rating as Dorchester Minerals' CEO?

1 employees have rated Dorchester Minerals Chief Executive Officer William Casey McManemin on Glassdoor.com. William Casey McManemin has an approval rating of 100% among the company's employees. This puts William Casey McManemin in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 56.0% of employees surveyed would recommend working at Dorchester Minerals to a friend.

What other stocks do shareholders of Dorchester Minerals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Dorchester Minerals investors own include AT&T (T), Energy Transfer (ET), Enterprise Products Partners (EPD), NVIDIA (NVDA), Bank of Hawaii (BOH), Chevron (CVX), InterDigital (IDCC), Phillips 66 (PSX), Verizon Communications (VZ) and Marathon Petroleum (MPC).

Who are Dorchester Minerals' major shareholders?

Dorchester Minerals' stock is owned by a number of retail and institutional investors. Top institutional investors include GraniteShares Advisors LLC (0.13%), Inscription Capital LLC (0.10%), Requisite Capital Management LLC (0.08%), Towerpoint Wealth LLC (0.08%), Penbrook Management LLC (0.04%) and Mather Group LLC. (0.00%). 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.

This page (NASDAQ:DMLP) was last updated on 4/23/2024 by MarketBeat.com Staff

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