NYSE:DHT DHT (DHT) Stock Forecast, Price & News $8.14 +0.45 (+5.85%) (As of 02:40 PM ET) Add Compare Share Share Today's Range$7.86▼$8.3650-Day Range$7.70▼$10.9052-Week Range$5.34▼$12.13Volume1.86 million shsAverage Volume2.50 million shsMarket Capitalization$1.33 billionP/E Ratio11.46Dividend Yield11.30%Price Target$11.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability DHT MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside35.6% Upside$11.00 Price TargetShort InterestHealthy3.75% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-9.06Upright™ Environmental ScoreNews Sentiment0.43Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth22.02%From $1.09 to $1.33 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.45 out of 5 starsTransportation Sector97th out of 246 stocksDeep Sea Foreign Transportation Of Freight Industry29th out of 62 stocks 3.0 Analyst's Opinion Consensus RatingDHT has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.00, DHT has a forecasted upside of 35.6% from its current price of $8.11.Amount of Analyst CoverageDHT has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.75% of the float of DHT has been sold short.Short Interest Ratio / Days to CoverDHT has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in DHT has recently decreased by 3.82%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipDHT is a leading dividend payer. It pays a dividend yield of 11.47%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDHT does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of DHT is 129.58%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, DHT will have a dividend payout ratio of 69.17% next year. This indicates that DHT will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDHT has received a -162.40% net impact score from Upright. The largest negative impact of DHT in category "GHG emissions" is driven by its "Oil trade" and "Heavy fuel oil ship freight transport services for crude oil" products. See details.Environmental SustainabilityThe Environmental Impact score for DHT is -9.06. Previous Next 1.9 News and Social Media Coverage News SentimentDHT has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 6 news articles for DHT this week, compared to 5 articles on an average week.Search InterestOnly 15 people have searched for DHT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added DHT to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DHT insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.60% of the stock of DHT is held by insiders.Percentage Held by Institutions54.61% of the stock of DHT is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for DHT are expected to grow by 22.02% in the coming year, from $1.09 to $1.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DHT is 11.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.48.Price to Earnings Ratio vs. SectorThe P/E ratio of DHT is 11.42, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 22.89.Price to Book Value per Share RatioDHT has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About DHT (NYSE:DHT) StockDHT Holdings, Inc. engages in the operation of a fleet of crude oil tankers. It operates through its integrated management companies in Monaco, Singapore, and Oslo, Norway. The company was founded in 2005 and is headquartered in Hamilton, Bermuda.Read More Receive DHT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DHT and its competitors with MarketBeat's FREE daily newsletter. Email Address DHT Stock News HeadlinesJune 1, 2023 | finance.yahoo.comDespite shrinking by US$51m in the past week, DHT Holdings (NYSE:DHT) shareholders are still up 162% over 5 yearsMay 31, 2023 | seekingalpha.comDHT buys a 2018-built VLCC for $94.5MJune 1, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 31, 2023 | finance.yahoo.comDHT Holdings, Inc. announces acquisition of 2018 built VLCCMay 31, 2023 | msn.comHair loss treatment: Best options for men with thinning hairMay 28, 2023 | seekingalpha.comDHT Holdings: A Promising Future With Strong Financial Structures And Positive Market OutlookMay 26, 2023 | msn.comDHT Holdings Is Riding Some Volatile Spot Rates In The VLCC MarketMay 23, 2023 | msn.comDenon DHT-S517 reviewJune 1, 2023 | Edge On The Street (Ad)ChatGPT Is Already "Old School"As good as ChatGPT is at writing content, it still doesn't understand what it's saying. But a new AI technology breakthrough will understand and process information like a human. One young company is leading the way.May 21, 2023 | yahoo.comLong-awaited 'Bodyguard' production to open at Diamond Head TheatreMay 20, 2023 | americanbankingnews.comDHT (NYSE:DHT) Stock Price Down 3.8%May 17, 2023 | americanbankingnews.comDHT (NYSE:DHT) Rating Lowered to Hold at StockNews.comMay 16, 2023 | msn.comDHT Holdings goes ex dividend tomorrowMay 15, 2023 | americanbankingnews.comDHT Holdings, Inc. (DHT) To Go Ex-Dividend on May 17thMay 13, 2023 | theglobeandmail.comClosing Bell: Dri Healthcare Trust down on Friday (DHT-UN)May 13, 2023 | theglobeandmail.comClosing Bell: Dri Healthcare Trust USD up on Friday (DHT-U)May 12, 2023 | finance.yahoo.comDRI Healthcare Trust Announces Voting Results of AGMMay 12, 2023 | finance.yahoo.comIncome Investors Should Know That DHT Holdings, Inc. (NYSE:DHT) Goes Ex-Dividend SoonMay 11, 2023 | finance.yahoo.comDRI Healthcare Trust Reports First Quarter 2023 ResultsMay 11, 2023 | theglobeandmail.comClosing Bell: Dri Healthcare Trust up on Wednesday (DHT-UN)May 10, 2023 | theglobeandmail.comClosing Bell: Dri Healthcare Trust down on Monday (DHT-UN)May 7, 2023 | americanbankingnews.comDHT (NYSE:DHT) Stock Rating Lowered by StockNews.comMay 7, 2023 | americanbankingnews.comDHT (NYSE:DHT) Cut to Hold at Jefferies Financial GroupMay 5, 2023 | americanbankingnews.comDHT (NYSE:DHT) Issues Earnings ResultsMay 4, 2023 | seekingalpha.comDHT Holdings, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 4, 2023 | finance.yahoo.comDHT Holdings (DHT) Q1 Earnings and Revenues Miss EstimatesMay 3, 2023 | finance.yahoo.comDHT Holdings, Inc. First Quarter 2023 ResultsSee More Headlines DHT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DHT Company Calendar Last Earnings5/03/2023Ex-Dividend for 5/25 Dividend5/17/2023Dividend Payable5/25/2023Today6/01/2023Next Earnings (Estimated)8/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:DHT CUSIPN/A CIK1331284 Webwww.dhtankers.com Phone(441) 295-1422Fax441-298-7800Employees1,252Year FoundedN/APrice Target and Rating Average Stock Price Forecast$11.00 High Stock Price Forecast$12.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+42.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.71 Trailing P/E Ratio10.84 Forward P/E Ratio7.06 P/E GrowthN/ANet Income$61.52 million Net Margins22.92% Pretax Margin23.12% Return on Equity10.65% Return on Assets7.40% Debt Debt-to-Equity Ratio0.35 Current Ratio3.48 Quick Ratio3.03 Sales & Book Value Annual Sales$454.15 million Price / Sales2.76 Cash Flow$0.96 per share Price / Cash Flow8.03 Book Value$6.45 per share Price / Book1.19Miscellaneous Outstanding Shares162,990,000Free FloatN/AMarket Cap$1.25 billion OptionableOptionable Beta-0.19 Key ExecutivesSvein Moxnes HarfjeldPresident & Chief Executive OfficerJ. Stephen EglinDirector-Chartering & OperationsLaila Cecilie HalvorsenChief Financial OfficerSvenn Magne EdvardsenTechnical DirectorWilhelm FlinderManager-Investor Relations & Business AnalysisKey CompetitorsDanaosNYSE:DACSFLNYSE:SFLNavigatorNYSE:NVGSCostamareNYSE:CMREZIM Integrated Shipping ServicesNYSE:ZIMView All CompetitorsInstitutional OwnershipProShare Advisors LLCSold 1,505 shares on 5/26/2023Ownership: 0.010%Toroso Investments LLCBought 1,509 shares on 5/23/2023Ownership: 0.019%JPMorgan Chase & Co.Bought 76,976 shares on 5/18/2023Ownership: 0.607%New York State Common Retirement FundBought 138,940 shares on 5/18/2023Ownership: 0.141%Jane Street Group LLCBought 7,400 shares on 5/16/2023Ownership: 0.000%View All Institutional Transactions DHT Stock - Frequently Asked Questions Should I buy or sell DHT stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DHT in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DHT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DHT, but not buy additional shares or sell existing shares. View DHT analyst ratings or view top-rated stocks. What is DHT's stock price forecast for 2023? 1 brokerages have issued 1 year price targets for DHT's shares. Their DHT share price forecasts range from $10.00 to $12.00. On average, they anticipate the company's stock price to reach $11.00 in the next year. This suggests a possible upside of 42.9% from the stock's current price. View analysts price targets for DHT or view top-rated stocks among Wall Street analysts. How have DHT shares performed in 2023? DHT's stock was trading at $8.88 at the beginning of 2023. Since then, DHT shares have decreased by 13.3% and is now trading at $7.6950. View the best growth stocks for 2023 here. Are investors shorting DHT? DHT saw a increase in short interest in April. As of April 30th, there was short interest totaling 5,240,000 shares, an increase of 14.4% from the April 15th total of 4,580,000 shares. Based on an average daily volume of 2,580,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 3.9% of the company's stock are sold short. View DHT's Short Interest. When is DHT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023. View our DHT earnings forecast. How were DHT's earnings last quarter? DHT Holdings, Inc. (NYSE:DHT) issued its earnings results on Wednesday, May, 3rd. The shipping company reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by $0.07. The shipping company earned $93.90 million during the quarter, compared to the consensus estimate of $97.36 million. DHT had a net margin of 22.92% and a trailing twelve-month return on equity of 10.65%. DHT's quarterly revenue was up 142.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.14) earnings per share. How often does DHT pay dividends? What is the dividend yield for DHT? DHT declared a quarterly dividend on Tuesday, May 2nd. Shareholders of record on Thursday, May 18th will be paid a dividend of $0.23 per share on Thursday, May 25th. This represents a $0.92 dividend on an annualized basis and a yield of 11.96%. The ex-dividend date of this dividend is Wednesday, May 17th. Read our dividend analysis for DHT. What ETFs hold DHT's stock? ETFs with the largest weight of DHT (NYSE:DHT) stock in their portfolio include Invesco Dynamic Oil & Gas Services ETF (PXJ), SonicShares Global Shipping ETF (BOAT), iShares US Small Cap Value Factor ETF (SVAL), Distillate Small/Mid Cash Flow ETF (DSMC), Dimensional US Small Cap Value ETF (DFSV), JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE), First Trust Active Factor Small Cap ETF (AFSM) and Avantis U.S. Small Cap Equity ETF (AVSC). Is DHT a good dividend stock? DHT (NYSE:DHT) pays an annual dividend of $0.92 per share and currently has a dividend yield of 11.19%. DHT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 129.58%. 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 69.17% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DHT. What other stocks do shareholders of DHT own? 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). What is DHT's stock symbol? DHT trades on the New York Stock Exchange (NYSE) under the ticker symbol "DHT." Who are DHT's major shareholders? DHT's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (12.92%), Dimensional Fund Advisors LP (8.09%), BlackRock Inc. (4.81%), Renaissance Technologies LLC (2.38%), Hosking Partners LLP (2.21%) and Two Sigma Investments LP (1.88%). How do I buy shares of DHT? Shares of DHT stock 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. Compare Top Brokerages Here. What is DHT's stock price today? One share of DHT stock can currently be purchased for approximately $7.70. How much money does DHT make? DHT (NYSE:DHT) has a market capitalization of $1.25 billion and generates $454.15 million in revenue each year. The shipping company earns $61.52 million in net income (profit) each year or $0.71 on an earnings per share basis. How many employees does DHT have? The company employs 1,252 workers across the globe. How can I contact DHT? DHT's mailing address is CLARENDON HOUSE 2 CHURCH STREET, HAMILTON D0, HM 11. The official website for the company is www.dhtankers.com. The shipping company can be reached via phone at (441) 295-1422, via email at wf@dhtankers.com, or via fax at 441-298-7800. This page (NYSE:DHT) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding DHT Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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