News headlines about Dorchester Minerals, L.P. (NASDAQ:DMLP) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dorchester Minerals, L.P. earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news headlines about the energy company an impact score of 46.6310468712877 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of research analysts recently issued reports on DMLP shares. TheStreet lowered Dorchester Minerals, L.P. from a “b-” rating to a “c+” rating in a report on Tuesday, August 15th. BidaskClub lowered Dorchester Minerals, L.P. from a “sell” rating to a “strong sell” rating in a research report on Monday, July 24th.
Shares of Dorchester Minerals, L.P. (NASDAQ DMLP) traded down $0.05 during mid-day trading on Tuesday, hitting $15.55. The company had a trading volume of 60,500 shares, compared to its average volume of 67,376. The company has a market cap of $503.56, a P/E ratio of 16.25 and a beta of 0.83. Dorchester Minerals, L.P. has a 1-year low of $13.90 and a 1-year high of $19.30.
Dorchester Minerals, L.P. (NASDAQ:DMLP) last announced its quarterly earnings results on Friday, November 3rd. The energy company reported $0.22 EPS for the quarter. The business had revenue of $12.48 million for the quarter. Dorchester Minerals, L.P. had a return on equity of 40.04% and a net margin of 64.05%.
The company also recently announced a quarterly dividend, which was paid on Thursday, November 9th. Stockholders of record on Monday, October 30th were given a dividend of $0.2847 per share. The ex-dividend date was Friday, October 27th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 7.32%. Dorchester Minerals, L.P.’s payout ratio is currently 118.75%.
In other news, insider Minerals Operating Dorchester bought 18,900 shares of the company’s stock in a transaction dated Friday, September 8th. The stock was bought at an average price of $14.48 per share, for a total transaction of $273,672.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 9.20% of the company’s stock.
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About Dorchester Minerals, L.P.
Dorchester Minerals, L.P. is a limited partnership company. The Company is engaged in the acquisition, ownership and administration of Royalty Properties and net profits interests (NPIs). As of December 31, 2016, the Royalty Properties consisted of producing and nonproducing mineral, royalty, overriding royalty, net profits and leasehold interests located in 574 counties and parishes in 25 states.
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