DHT Holdings Company Profile (NYSE:DHT)

About DHT Holdings (NYSE:DHT)

DHT Holdings logoDHT Holdings, Inc. operates a fleet of crude oil tankers. As of March 21, 2017, the Company's fleet consisted of 21 crude oil tankers in operation. As of March 21, 2017, the Company's fleet consisted of 19 very large crude carriers (VLCCs), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (dwt), and two Aframax tankers (Aframaxes), which are tankers ranging in size from 80,000 to 120,000 dwt. As of December 31, 2016, the Company's fleet in operation had a combined carrying capacity of 6,087,095 dwt. As of March 21, 2017, the Company's VLCCs included DHT Ann, DHT Eagle, DHT Phoenix, DHT Hawk, DHT Condor, DHT Scandinavia, DHT China, DHT Amazon, DHT Redwood, DHT Sundarbans, DHT Taiga, DHT Leopard, DHT Lion, DHT Panther and DHT Puma. As of March 21, 2017, the Company's Aframaxes are DHT Cathy and DHT Sophie.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Symbol: NYSE:DHT
  • CUSIP: N/A
  • Web: www.dhtankers.com
Capitalization:
  • Market Cap: $424.85 million
  • Outstanding Shares: 94,622,000
Average Prices:
  • 50 Day Moving Avg: $4.57
  • 200 Day Moving Avg: $4.37
  • 52 Week Range: $3.29 - $5.87
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 12.14
  • P/E Growth: 3.58
Sales & Book Value:
  • Annual Revenue: $340.56 million
  • Price / Sales: 1.25
  • Book Value: $7.33 per share
  • Price / Book: 0.61
Dividend:
  • Annual Dividend: $0.32
  • Dividend Yield: 7.2%
Profitability:
  • EBIDTA: $182.02 million
  • Net Margins: 2.87%
  • Return on Equity: 11.97%
  • Return on Assets: 6.13%
Debt:
  • Debt-to-Equity Ratio: 0.94%
  • Current Ratio: 2.40%
  • Quick Ratio: 1.70%
Misc:
  • Average Volume: 1.32 million shs.
  • Beta: 1.16
  • Short Ratio: 6.48
 

Frequently Asked Questions for DHT Holdings (NYSE:DHT)

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 announced a quarterly dividend on Tuesday, May 9th. Investors of record on Monday, May 22nd will be paid a dividend of $0.08 per share on Wednesday, May 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.13%. The ex-dividend date of this dividend is Thursday, May 18th. View DHT Holdings' Dividend History.

How were DHT Holdings' earnings last quarter?

DHT Holdings Inc (NYSE:DHT) posted its quarterly earnings results on Tuesday, November, 1st. The company reported ($0.81) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by $0.85. The company earned $50.30 million during the quarter, compared to analyst estimates of $56.73 million. DHT Holdings had a net margin of 2.87% and a return on equity of 11.97%. DHT Holdings's quarterly revenue was down 32.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.27 earnings per share. View DHT Holdings' Earnings History.

Where is DHT Holdings' stock going? Where will DHT Holdings' stock price be in 2017?

6 brokerages have issued 1 year price targets for DHT Holdings' stock. Their predictions range from $5.00 to $7.00. On average, they expect DHT Holdings' stock price to reach $5.88 in the next year. View Analyst Ratings for DHT Holdings.

What are analysts saying about DHT Holdings stock?

Here are some recent quotes from research analysts about DHT Holdings stock:

  • 1. 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. " (4/21/2017)
  • 2. 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)
  • 3. 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)
  • 4. 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 are some of DHT Holdings' key competitors?

Who owns DHT Holdings stock?

DHT Holdings' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BW GROUP LTD (25.30%), FRONTLINE LTD / (14.30%), FRONTLINE LTD / (10.20%), Dimensional Fund Advisors LP (8.28%), Canyon Capital Advisors LLC (1.80%) and Morgan Stanley (1.28%). View Institutional Ownership Trends for DHT Holdings.

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 Boston Partners, Russell Investments Group Ltd., Cedar Capital LLC, AQR Capital Management LLC, Parametric Portfolio Associates LLC, UBS Group AG, California Public Employees Retirement System and TIAA CREF Investment Management LLC. View Insider Buying and Selling for DHT Holdings.

Who bought DHT Holdings stock? Who is buying DHT Holdings stock?

DHT Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Canyon Capital Advisors LLC, Alliancebernstein L.P., Kennedy Capital Management Inc., James Investment Research Inc., Oxford Asset Management, Caxton Associates LP, Dimensional Fund Advisors LP and Renaissance Technologies LLC. View Insider Buying and Selling for DHT Holdings.

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 $4.49.

Analyst Ratings

Consensus Ratings for DHT Holdings (NYSE:DHT) (?)
Ratings Breakdown: 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $5.88 (30.85% upside)

Analysts' Ratings History for DHT Holdings (NYSE:DHT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/27/2017Maxim GroupSet Price TargetBuy$7.00LowView Rating Details
4/24/2017Jefferies Group LLCReiterated RatingBuy$6.00LowView Rating Details
1/30/2017Stifel NicolausBoost Price TargetHold$4.50 -> $5.00N/AView Rating Details
11/3/2016Pareto SecuritiesUpgradeHold -> BuyN/AView Rating Details
9/26/2016Wells Fargo & CoInitiated CoverageMarket PerformN/AView Rating Details
8/25/2016Morgan StanleyDowngradeOverweight -> Equal Weight$7.00 -> $5.50N/AView Rating Details
5/4/2016Seaport Global SecuritiesReiterated RatingBuy$11.00 -> $8.50N/AView Rating Details
4/7/2016JPMorgan Chase & Co.Lower Price TargetNeutral$9.00 -> $8.00N/AView Rating Details
3/2/2016DanskeInitiated CoverageHold$6.00N/AView Rating Details
2/9/2016Clarkson CapitalReiterated RatingBuyN/AView Rating Details
11/9/2015EuroPacific CanadaReiterated RatingBuy$10.00 -> $11.00N/AView Rating Details
11/4/2015Eurobank EFGBoost Price TargetBuy$10.00 -> $11.00N/AView Rating Details
(Data available from 5/22/2015 forward)

Earnings

Earnings History for DHT Holdings (NYSE:DHT)
Earnings by Quarter for DHT Holdings (NYSE:DHT)
Earnings History by Quarter for DHT Holdings (NYSE:DHT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/30/2017Q416$0.12$0.18$66.49 million$67.00 millionViewN/AView Earnings Details
11/1/2016Q3$0.04($0.81)$56.73 million$50.30 millionViewN/AView Earnings Details
8/9/2016Q216$0.30$0.34$82.44 million$83.20 millionViewN/AView Earnings Details
5/2/2016Q1$0.38$0.30$90.02 million$90.20 millionViewListenView Earnings Details
2/3/2016Q4$0.31$0.31$80.71 million$80.00 millionViewListenView Earnings Details
11/3/2015Q3$0.28$0.27$70.91 million$74.70 millionViewN/AView Earnings Details
7/28/2015Q2$0.19$0.24$70.85 million$68.10 millionViewListenView Earnings Details
4/28/2015Q115$0.22$0.25$84.56 million$73.50 millionViewN/AView Earnings Details
1/28/2015Q414$0.08$0.31$55.80 million$47.30 millionViewN/AView Earnings Details
11/27/2014($0.05)($0.10)ViewN/AView Earnings Details
11/10/2014Q3($0.05)($0.10)$25.70 million$21.80 millionViewListenView Earnings Details
8/27/2014Q2 14($0.15)($0.12)$10.07 million$14.50 millionViewListenView Earnings Details
4/29/2014Q1$0.02($0.01)$18.82 million$17.90 millionViewListenView Earnings Details
1/23/2014Q4($0.23)$0.04ViewListenView Earnings Details
7/23/2012$0.45$0.02ViewN/AView Earnings Details
7/14/2011$0.08$0.07ViewN/AView Earnings Details
4/18/2011$0.09$0.07ViewN/AView Earnings Details
1/13/2011$0.10$0.14ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for DHT Holdings (NYSE:DHT)
2017 EPS Consensus Estimate: $0.12
2018 EPS Consensus Estimate: $0.39
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.21$0.23$0.22
Q2 20172$0.01$0.03$0.02
Q3 20172($0.15)($0.07)($0.11)
Q4 20172($0.02)$0.00($0.01)
Q1 20181$0.04$0.04$0.04
Q2 20181$0.10$0.10$0.10
Q3 20181$0.12$0.12$0.12
Q4 20181$0.13$0.13$0.13
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for DHT Holdings (NYSE:DHT)
Next Dividend:5/31/2017
Annual Dividend:$0.32
Dividend Yield:7.13%
Dividend Growth:107.00% (3 Year Average)
Payout Ratio:3,200.00% (Trailing 12 Months of Earnings)
133.33% (Based on This Year's Estimates)
86.49% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for DHT Holdings (NYSE:DHT)

Dividend History by Quarter for DHT Holdings (NYSE:DHT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/9/2017Quarterly$0.087.03%5/18/20175/22/20175/31/2017
1/31/2017quarterly$0.086.82%2/10/20172/14/20172/22/2017
11/2/2016quarterly$0.022.37%11/14/201611/16/201611/23/2016
8/10/2016quarterly$0.2317.9%8/22/20168/24/20168/31/2016
5/4/2016quarterly$0.2518.12%5/12/20165/16/20165/25/2016
2/3/2016quarterly$0.2114.41%2/11/20162/16/20162/24/2016
11/5/2015quarterly$0.189.77%11/13/201511/17/201511/25/2015
7/30/2015quarterly$0.157.3%8/10/20158/12/20158/20/2015
4/30/2015quarterly$0.157.5%5/11/20155/13/20155/22/2015
1/28/2015quarterly$0.052.71%2/6/20152/10/20152/19/2015
11/10/2014quarterly$0.021.28%11/18/201411/20/201411/26/2014
8/29/2014quarterly$0.021.14%9/5/20149/9/20149/17/2014
5/1/2014quarterly$0.021.03%5/12/20145/14/20145/22/2014
1/24/2014quarterly$0.020.99%2/4/20142/6/20142/13/2014
11/1/2013quarterly$0.021.48%11/8/201311/13/201311/21/2013
8/7/2013quarterly$0.021.88%8/15/20138/19/20138/28/2013
4/30/2013quarterly$0.021.86%5/10/20135/14/20135/23/2013
1/30/2013quarterly$0.021.71%2/7/20132/11/20132/19/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for DHT Holdings (NYSE:DHT)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for DHT Holdings (NYSE:DHT)
Latest Headlines for DHT Holdings (NYSE:DHT)
Source:
DateHeadline
nasdaq.com logoDHT Holdings, Inc. announces an adjustment to the conversion ... - Nasdaq
www.nasdaq.com - May 19 at 9:38 PM
nasdaq.com logoS&P 500 Movers: FL, ADSK - Presented by: The Aol. On Network
www.nasdaq.com - May 19 at 4:33 PM
feeds.benzinga.com logoDHT Holdings, Inc. announces an adjustment to the conversion price of its 4.5% Convertible Senior Notes due 2019
feeds.benzinga.com - May 19 at 11:55 AM
nasdaq.com logoDHT Holdings, Inc. (DHT) Ex-Dividend Date Scheduled for May 18, 2017 - Nasdaq
www.nasdaq.com - May 17 at 11:10 AM
streetinsider.com logoFrontline (FRO) Responds to Letter from DHT Holdings (DHT)
www.streetinsider.com - May 15 at 4:34 PM
feeds.benzinga.com logoFRO - Response from Frontline to the letter from the Board of DHT Holdings Inc. dated 7 May, 2017.
feeds.benzinga.com - May 15 at 9:29 AM
seekingalpha.com logoDHT Holdings' (DHT) CEO Svein Moxnes Harfjeld on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - May 14 at 4:47 PM
finance.yahoo.com logoEdited Transcript of DHT earnings conference call or presentation 9-May-17 2:00pm GMT
finance.yahoo.com - May 14 at 4:47 PM
nasdaq.com logoDHT Holdings, Inc. Highlights Proven Strategy and Continued Value Creation in Letter Mailed to Shareholders - Nasdaq
www.nasdaq.com - May 14 at 9:24 AM
americanbankingnews.com logoDHT Holdings Inc (DHT) Downgraded to "D+" at TheStreet
www.americanbankingnews.com - May 13 at 3:58 PM
americanbankingnews.com logoDHT Holdings Inc (DHT) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 12 at 10:41 PM
americanbankingnews.com logoDHT Holdings Inc Expected to Earn Q2 2017 Earnings of $0.01 Per Share (DHT)
www.americanbankingnews.com - May 12 at 10:20 AM
americanbankingnews.com logoQ2 2017 Earnings Estimate for DHT Holdings Inc Issued By Seaport Global Securities (DHT)
www.americanbankingnews.com - May 12 at 10:20 AM
feeds.benzinga.com logoDHT Holdings, Inc. Highlights Proven Strategy and Continued Value Creation in Letter Mailed to Shareholders
feeds.benzinga.com - May 12 at 10:03 AM
americanbankingnews.com logoDHT Holdings Inc Plans Quarterly Dividend of $0.08 (dht)
www.americanbankingnews.com - May 10 at 4:16 PM
reuters.com logoBRIEF-DHT Holdings Inc Q1 earnings per share $0.15
www.reuters.com - May 9 at 5:54 AM
marketbeat.com logoDHT Holdings beats 1Q profit forecasts
marketbeat.com - May 8 at 5:36 PM
globenewswire.com logoDHT Holdings, Inc. first quarter 2017 results - GlobeNewswire (press release)
www.globenewswire.com - May 8 at 4:32 PM
seekingalpha.com logoDHT's Board Takes Frontline To The Woodshed - Seeking Alpha
seekingalpha.com - May 8 at 4:32 PM
finance.yahoo.com logoDHT Holdings, Inc. first quarter 2017 results
finance.yahoo.com - May 8 at 4:32 PM
nasdaq.com logoDHT Holdings Board Unanimously Rejects Unimproved Proposal From Frontline
www.nasdaq.com - May 7 at 5:00 PM
americanbankingnews.com logoDHT Holdings Inc (DHT) Expected to Post Quarterly Sales of $74.32 Million
www.americanbankingnews.com - May 5 at 4:58 PM
feeds.benzinga.com logoDHT Holdings, Inc. to announce first quarter 2017 results on Tuesday May 9, 2017
feeds.benzinga.com - May 5 at 5:01 AM
americanbankingnews.com logoZacks: Brokerages Anticipate DHT Holdings Inc (DHT) to Post $0.21 EPS
www.americanbankingnews.com - May 3 at 10:04 AM
americanbankingnews.com logoDHT Holdings (DHT) Earns Daily Media Sentiment Rating of -0.22
www.americanbankingnews.com - May 2 at 1:52 PM
finance.yahoo.com logoWhich Crude Tanker Stock Has Performed the Best in Last 6 Months?
finance.yahoo.com - May 1 at 4:35 PM
nasdaq.com logoDHT Holdings, Inc. Announces that Frontline's Request for a TRO has been Denied - Nasdaq
www.nasdaq.com - April 30 at 6:01 PM
americanbankingnews.com logoSomewhat Negative Press Coverage Very Likely to Affect DHT Holdings (DHT) Share Price
www.americanbankingnews.com - April 29 at 3:35 PM
americanbankingnews.com logoDHT Holdings Inc (DHT) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - April 29 at 7:00 AM
finance.yahoo.com logoShipping King Fredriksen Blocked In Move To Consolidate Oil Tanker Business
finance.yahoo.com - April 28 at 5:46 PM
finance.yahoo.com logoFrontline says Marshall Islands court sets date for DHT hearing
finance.yahoo.com - April 28 at 5:46 PM
finance.yahoo.com logoEuronav’s Dividends: Everything Investors Need to Know
finance.yahoo.com - April 28 at 5:46 PM
finance.yahoo.com logoDHT Holdings, Inc. – Value Analysis (NYSE:DHT) : April 28, 2017
finance.yahoo.com - April 28 at 5:46 PM
americanbankingnews.com logoDHT Holdings Inc (DHT) Given a $7.00 Price Target at Maxim Group
www.americanbankingnews.com - April 27 at 6:40 PM
finance.yahoo.com logoTanker firm Frontline files legal complaint against DHT
finance.yahoo.com - April 27 at 5:15 PM
finance.yahoo.com logoBlog Coverage Frontline's Latest Bid Fell Short of DHT Holdings' Expectations
finance.yahoo.com - April 27 at 5:14 PM
finance.yahoo.com logoDHT Holdings, Inc. breached its 50 day moving average in a Bullish Manner : DHT-US : April 27, 2017
finance.yahoo.com - April 27 at 5:14 PM
finance.yahoo.com logoHow Crude Tanker Stocks Have Performed This Year
finance.yahoo.com - April 27 at 5:14 PM
nasdaq.com logoDHT Holdings, Inc. Frontline Drops New York Lawsuit and Seeks New Forum in the Marshall Islands - Nasdaq
www.nasdaq.com - April 27 at 8:22 AM
finance.yahoo.com logoFredriksen's Frontline takes legal battle over DHT to tiny Marshall Islands
finance.yahoo.com - April 27 at 8:22 AM
seekingalpha.com logo3 Reasons DHT Holdings Is Going To Reject Again
seekingalpha.com - April 27 at 12:42 AM
streetinsider.com logoForm 425 DHT Holdings, Inc. Filed by: FRONTLINE LTD /
www.streetinsider.com - April 27 at 12:42 AM
finance.yahoo.com logoFRO - New DHT Offer Proposal
finance.yahoo.com - April 27 at 12:42 AM
finance.yahoo.com logoTanker firm Frontline makes yet another offer for rival DHT
finance.yahoo.com - April 27 at 12:42 AM
americanbankingnews.com logoFavorable News Coverage Very Likely to Affect DHT Holdings (DHT) Stock Price
www.americanbankingnews.com - April 26 at 4:04 PM
globenewswire.com logoDHT Holdings, Inc. announces delivery of two VLCCs from BW Group - GlobeNewswire (press release)
globenewswire.com - April 25 at 4:27 PM
finance.yahoo.com logoChina’s March Data and the Crude Tanker Industry
finance.yahoo.com - April 24 at 4:35 PM
americanbankingnews.com logoDHT Holdings Inc (DHT) Stock Rating Reaffirmed by Jefferies Group LLC
www.americanbankingnews.com - April 24 at 11:32 AM
reuters.com logoBRIEF-DHT Holdings announces delivery of two VLCCs from BW Group
www.reuters.com - April 24 at 8:57 AM
americanbankingnews.com logoPositive Media Coverage Very Likely to Affect DHT Holdings (DHT) Stock Price
www.americanbankingnews.com - April 23 at 7:44 PM

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DHT Holdings (DHT) Chart for Monday, May, 22, 2017

This page was last updated on 5/22/2017 by MarketBeat.com Staff