DHT (DHT) Stock Price, News & Analysis

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DHT in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DHT shares.
View DHT analyst ratings or view top-rated stocks.

3 equities research analysts have issued twelve-month target prices for DHT's shares. Their DHT share price targets range from $11.00 to $17.00. On average, they expect the company's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price.
View analysts price targets for DHT or view top-rated stocks among Wall Street analysts.

DHT's stock was trading at $9.81 on January 1st, 2024. Since then, DHT shares have increased by 14.2% and is now trading at $11.20.
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DHT saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 3,310,000 shares, a decrease of 5.7% from the March 15th total of 3,510,000 shares. Based on an average trading volume of 1,890,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 2.5% of the company's shares are short sold.
View DHT's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our DHT earnings forecast.

DHT Holdings, Inc. (NYSE:DHT) issued its quarterly earnings data on Tuesday, February, 6th. The shipping company reported $0.22 earnings per share for the quarter, meeting the consensus estimate of $0.22. The shipping company had revenue of $94.50 million for the quarter, compared to analysts' expectations of $95.78 million. DHT had a trailing twelve-month return on equity of 15.52% and a net margin of 28.78%. The company's quarterly revenue was down 19.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.

DHT declared a quarterly dividend on Tuesday, February 6th. Stockholders of record on Wednesday, February 21st will be paid a dividend of $0.22 per share on Wednesday, February 28th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.86%. The ex-dividend date of this dividend is Tuesday, February 20th. This is a positive change from the stock's previous quarterly dividend of $0.19.
Read our dividend analysis for DHT.

DHT (NYSE:DHT) pays an annual dividend of $0.88 per share and currently has a dividend yield of 7.74%. DHT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 88.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, DHT will have a dividend payout ratio of 63.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DHT.

ETFs with the largest weight of DHT (NYSE:DHT) stock in their portfolio include Invesco Oil & Gas Services ETF (PXJ).SonicShares Global Shipping ETF (BOAT).

Based on aggregate information from My MarketBeat watchlists, some companies that other DHT investors own include Washington Prime Group (WPG), Golar LNG Partners (GMLP), Pennsylvania Real Estate Investment Trust (PEI), CBL & Associates Properties (CBL), New Residential Investment (NRZ), Gran Tierra Energy (GTE), EnLink Midstream (ENLC), CNBX Pharmaceuticals (CNBX), Matinas BioPharma (MTNB) and Organigram (OGI).

DHT's stock is owned by a number of retail and institutional investors. Top institutional investors include Congress Asset Management Co. MA (0.26%), GoalVest Advisory LLC (0.06%), Harbour Capital Advisors LLC (0.04%) and International Assets Investment Management LLC (0.04%).

Shares of DHT 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.
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