DHT Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DHT in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DHT stock.
View analyst ratings for DHT or view top-rated stocks.

Wall Street analysts have given DHT a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but DHT wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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DHT saw a increase in short interest in May. As of May 28th, there was short interest totaling 6,840,000 shares, an increase of 22.1% from the May 13th total of 5,600,000 shares. Based on an average daily trading volume, of 2,610,000 shares, the short-interest ratio is presently 2.6 days. Currently, 4.8% of the shares of the company are sold short.
View DHT's Short Interest.

DHT is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for DHT.

DHT Holdings, Inc. (NYSE:DHT) released its quarterly earnings results on Tuesday, May, 4th. The shipping company reported $0.05 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.02 by $0.03. The shipping company earned $71.28 million during the quarter, compared to analyst estimates of $66.55 million. DHT had a net margin of 36.34% and a trailing twelve-month return on equity of 19.08%.
View DHT's earnings history.

DHT's stock was trading at $6.05 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DHT stock has increased by 6.3% and is now trading at $6.43.
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DHT announced a quarterly dividend on Tuesday, May 4th. Investors of record on Wednesday, May 19th will be paid a dividend of $0.04 per share on Wednesday, May 26th. This represents a $0.16 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date is Tuesday, May 18th.
View DHT's dividend history.

DHT pays an annual dividend of $0.16 per share and currently has a dividend yield of 2.46%. The dividend payout ratio of DHT is 9.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DHT will have a dividend payout ratio of 27.59% next year. This indicates that DHT will be able to sustain or increase its dividend.
View DHT's dividend history.

8 brokers have issued 12-month price targets for DHT's shares. Their forecasts range from $5.00 to $15.00. On average, they expect DHT's share price to reach $9.31 in the next year. This suggests a possible upside of 44.9% from the stock's current price.
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Some companies that are related to DHT include Atlas (ATCO), Star Bulk Carriers (SBLK), Euronav (EURN), Pacific Basin Shipping (PCFBY), Frontline (FRO), Costamare (CMRE), Danaos (DAC), Scorpio Tankers (STNG), SFL (SFL), Genco Shipping & Trading (GNK), Global Ship Lease (GSL), TORM (TRMD), Navigator (NVGS), Eagle Bulk Shipping (EGLE) and Dorian LPG (LPG).
View all of DHT's competitors.

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), Cannabics Pharmaceuticals (CNBX), Matinas BioPharma (MTNB) and OrganiGram (OGI).

DHT trades on the New York Stock Exchange (NYSE) under the ticker symbol "DHT."

DHT's stock is owned by many different institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.99%), BlackRock Inc. (3.75%), Renaissance Technologies LLC (3.45%), Hosking Partners LLP (2.11%), Allianz Asset Management GmbH (1.38%) and Deprince Race & Zollo Inc. (1.29%).

DHT stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, Arrowstreet Capital Limited Partnership, Nomura Holdings Inc., UBS Group AG, Birch Grove Capital LP, Squarepoint Ops LLC, Ameriprise Financial Inc., and Renaissance Technologies LLC.

DHT stock was purchased by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, JPMorgan Chase & Co., Goldman Sachs Group Inc., Encompass Capital Advisors LLC, Dimensional Fund Advisors LP, Cooper Creek Partners Management LLC, AJO LP, and Alpha Paradigm Partners LLC.

Shares of DHT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DHT stock can currently be purchased for approximately $6.43.

DHT has a market capitalization of $1.10 billion and generates $691.04 million in revenue each year. The shipping company earns $266.27 million in net income (profit) each year or $1.74 on an earnings per share basis.

DHT employs 18 workers across the globe.

The official website for DHT is www.dhtankers.com.

DHT is headquartered at CLARENDON HOUSE 2 CHURCH STREET, HAMILTON D0, HM 11.

DHT's mailing address is CLARENDON HOUSE 2 CHURCH STREET, HAMILTON D0, HM 11. The shipping company can be reached via phone at 1-441-299-4912 or via email at [email protected]