About DHT Holdings
DHT Holdings, Inc. (DHT) is a holding company. The Company, through its subsidiaries, owns and operates a fleet of crude oil tankers. Its fleet consists of approximately 20 crude oil tankers in operation, all of which are owned by the company. The Company's fleet in operation consists of over 20 very large crude carriers (VLCCs), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (DWTs), approximately one Suezmax tanker (Suezmax), which is a tanker ranging in size from 130,000 to 170,000 DWT and over two Aframax tankers (Aframaxes), which are tankers ranging in size from 80,000 to 120,000 DWT. Its fleet principally operates on international routes and its fleet in operation has a combined carrying capacity of approximately 5,656,937 DWT. The Company's subsidiaries include DHT Maritime, Inc., DHT Chartering, Inc., Sophie Tanker Corporation, Samco Shipholding Pte. Ltd., DHT Jaguar Limited and Chris Tanker Corporation.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Shipping
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: DHT
- Previous Close: $4.79
- 50 Day Moving Average: $4.39
- 200 Day Moving Average: $4.27
- 52-Week Range: $3.29 - $6.48
- Trailing P/E Ratio: 48.38
- Foreward P/E Ratio: 14.09
- P/E Growth: 3.55
- Market Cap: $447.54M
- Outstanding Shares: 93,433,000
- Beta: 1.16
- Net Margins: 2.87%
- Return on Equity: 11.97%
- Return on Assets: 6.13%
Companies Related to DHT Holdings:
- Debt-to-Equity Ratio: 0.94%
- Current Ratio: 2.40%
- Quick Ratio: 1.70%
What is DHT Holdings' stock symbol?
DHT Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "DHT."
How often does DHT Holdings pay dividends? What is the dividend yield for DHT Holdings?
DHT Holdings declared a quarterly dividend on Tuesday, January 31st. Investors of record on Tuesday, February 14th will be given a dividend of $0.08 per share on Wednesday, February 22nd. This represents a $0.32 annualized dividend and a yield of 6.68%. The ex-dividend date of this dividend is Friday, February 10th. This is a boost from DHT Holdings's previous quarterly dividend of $0.02.
Where is DHT Holdings' stock going? Where will DHT Holdings' stock price be in 2017?
9 brokerages have issued twelve-month price objectives for DHT Holdings' shares. Their predictions range from $5.00 to $8.50. On average, they expect DHT Holdings' share price to reach $6.64 in the next twelve months.
When will DHT Holdings announce their earnings?
DHT Holdings is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.
What are analysts saying about DHT Holdings stock?
Here are some recent quotes from research analysts about DHT Holdings stock:
- Stifel Nicolaus analysts commented, "DHT Holdings announced a non-binding proposal from shipping billionaire John Fredriksen's Frontline Ltd (FRO; NC; $7.02) in an all stock transaction placing an implied value of $5.09 per share per DHT shares, or a 19.2% increase over Friday's closing price. Importantly, Frontline announced that it had already acquired 15 million shares or approximately 16% of outstanding DHT shares. In response, the DHT board installed a one-year rights plan or effectively a poison pill intended to give the board and shareholders time to review the offer." (1/30/2017)
According to Zacks Investment Research, "DHT MARITIME INC., formerly Double Hull Tankers, Inc. operates a fleet of double-hull crude oil tankers on international routes. DHT's modern fleet consists of three Very Large Crude Carriers, two Suezmax tankers and four Aframax tankers. DHT intends to pursue a strategy of providing shareholders with a stable and visible distribution and also position the Company to use its incremental cash flow to fund future growth opportunities. " (11/28/2016)
Morgan Stanley analysts commented, "Crude tanker demand lags supply in 2017–18 wiping out DHT's earnings, but remains cash flow positive. Tanker demand weakens in 2017 while rates fall below average market breakeven levels," analyst Fotis Giannakoulis wrote in a note.The analyst expects VLCCs to earn on average $27/$30kpd in 2017/18 as market starts improving toward 2H18. Related Link: Morgan Stanley Tethers Euronav, Downgrades To Equal WeightThe analyst noted that, despite lack of earnings, the company's liquidity generation allows it to pay small dividends during the stronger winter quarters. The company pays at least 60 percent of ordinary net income to shareholders as dividend."Given the low stock liquidity and possible further decline in second hand values, the stock trades slightly below its current NAV of ~$5.5/share," (8/25/2016)
Jefferies Group LLC analysts commented, "Yesterday after the market close, DHT reported adj. 2Q16 EPS of $0.37 which topped both Street consensus of $0.29 and our estimate of $0.22 primarily due to better than expected charter rates earned during the quarter." (8/11/2016)
Who owns DHT Holdings stock?
DHT Holdings' stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.20%), Allianz Asset Management AG (1.99%), State Street Corp (1.86%), Russell Investments Group Ltd. (1.09%), AQR Capital Management LLC (0.82%) and Guggenheim Capital LLC (0.81%).
Who sold DHT Holdings stock? Who is selling DHT Holdings stock?
DHT Holdings' stock was sold by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, Dimensional Fund Advisors LP, AQR Capital Management LLC and Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P..
Who bought DHT Holdings stock? Who is buying DHT Holdings stock?
DHT Holdings' stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Guggenheim Capital LLC, Allianz Asset Management AG, Marshall Wace LLP, GLG Partners LP, State Street Corp, RFG Advisory Group LLC and Strategic Investment Management LLC.
How do I buy DHT Holdings stock?
Shares of DHT Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of DHT Holdings stock cost?
One share of DHT Holdings stock can currently be purchased for approximately $4.79.