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DHT Stock Price, Forecast & Analysis (NYSE:DHT)

$7.44
-0.01 (-0.13 %)
(As of 11/22/2019 04:00 PM ET)
Today's Range
$7.38
Now: $7.44
$7.61
50-Day Range
$6.28
MA: $7.39
$7.95
52-Week Range
$3.60
Now: $7.44
$7.99
Volume1.62 million shs
Average Volume1.37 million shs
Market Capitalization$1.09 billion
P/E RatioN/A
Dividend Yield2.68%
Beta0.53
DHT Holdings, Inc, through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore. As of March 18, 2019, it had a fleet of 27 very large crude carriers with a capacity of 8,360,850 deadweight tons. The company was founded in 2005 and is headquartered in Hamilton, Bermuda.

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
CUSIPN/A
Phone1-441-299-4912

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$375.94 million
Cash Flow$0.48 per share
Book Value$5.70 per share

Profitability

Net Income$-46,930,000.00

Miscellaneous

Employees17
Market Cap$1.09 billion
Next Earnings Date2/5/2020 (Estimated)
OptionableOptionable

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DHT (NYSE:DHT) Frequently Asked Questions

What is DHT's stock symbol?

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

How often does DHT pay dividends? What is the dividend yield for DHT?

DHT announced a quarterly dividend on Thursday, October 24th. Investors of record on Thursday, November 7th will be given a dividend of $0.05 per share on Thursday, November 14th. This represents a $0.20 annualized dividend and a dividend yield of 2.69%. The ex-dividend date of this dividend is Wednesday, November 6th. View DHT's Dividend History.

How were DHT's earnings last quarter?

DHT Holdings Inc (NYSE:DHT) announced its quarterly earnings data on Wednesday, October, 23rd. The shipping company reported ($0.06) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.07) by $0.01. The shipping company had revenue of $58.89 million for the quarter, compared to analysts' expectations of $55.16 million. DHT had a net margin of 2.04% and a return on equity of 2.66%. The company's quarterly revenue was up 22.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.15) earnings per share. View DHT's Earnings History.

When is DHT's next earnings date?

DHT is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for DHT.

What price target have analysts set for DHT?

3 brokers have issued twelve-month price targets for DHT's shares. Their forecasts range from $8.00 to $8.00. On average, they expect DHT's stock price to reach $8.00 in the next year. This suggests a possible upside of 7.5% from the stock's current price. View Analyst Price Targets for DHT.

What is the consensus analysts' recommendation for DHT?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DHT in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for DHT.

What are Wall Street analysts saying about DHT stock?

Here are some recent quotes from research analysts about DHT 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. " (10/21/2019)
  • 2. Evercore ISI analysts commented, "We retain our Outperform rating and price target of $8 on DHT.  The promised (and hoped for) cycle is now arriving… Lost amid imploding equity and commodity markets over the last five days has been a meaningful improvement in VLCC spot rates, at a time of year when crude tanker markets are usually seasonally depressed. Indeed, according to Poten & Partners, the benchmark VLCC spot rate (Arabian East) now stands at a TCE of $26,300/day, up from $10,700/day one week ago. VLCC TCE rates from East are at $31,100/day today, up from $19,300/day one week ago. Furthermore, with many refineries only beginning to return from maintenance and newbuild deliveries set to slow in the remainder of the year, we believe this early move in VLCC spot rates is just the beginning of further strengthening into yearend." (8/8/2019)

Has DHT been receiving favorable news coverage?

Media headlines about DHT stock have trended extremely negative on Friday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. DHT earned a daily sentiment score of -5.0 on InfoTrie's scale. They also assigned press coverage about the shipping company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for DHT.

Are investors shorting DHT?

DHT saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 6,480,000 shares, an increase of 5.7% from the September 30th total of 6,130,000 shares. Based on an average daily trading volume, of 1,960,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 7.2% of the company's shares are short sold. View DHT's Current Options Chain.

Who are some of DHT's key competitors?

What other stocks do shareholders of DHT own?

Who are DHT's key executives?

DHT's management team includes the folowing people:
  • Mr. Trygve Preben Munthe, Co-Chief Exec. Officer (Age 57)
  • Mr. Svein Moxnes Harfjeld, Co-Chief Exec. Officer (Age 55)
  • Ms. Laila C. Halvorsen, Chief Financial Officer (Age 44)
  • Mr. J. Stephen Eglin, Director of Chartering & Operations
  • Mr. Svenn Magne Edvardsen, Technical Director (Age 49)

Who are DHT's major shareholders?

DHT's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include DNB Asset Management AS (0.94%), California Public Employees Retirement System (0.42%), SG Americas Securities LLC (0.20%), Bowling Portfolio Management LLC (0.17%), Russell Investments Group Ltd. (0.11%) and Rhumbline Advisers (0.10%).

Which institutional investors are selling DHT stock?

DHT stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, M Holdings Securities Inc. and Meeder Asset Management Inc..

Which institutional investors are buying DHT stock?

DHT stock was acquired by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, SG Americas Securities LLC, California Public Employees Retirement System, Russell Investments Group Ltd., Convergence Investment Partners LLC, Rhumbline Advisers and Founders Capital Management.

How do I buy shares of DHT?

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

What is DHT's stock price today?

One share of DHT stock can currently be purchased for approximately $7.44.

How big of a company is DHT?

DHT has a market capitalization of $1.09 billion and generates $375.94 million in revenue each year. The shipping company earns $-46,930,000.00 in net income (profit) each year or ($0.25) on an earnings per share basis. DHT employs 17 workers across the globe.View Additional Information About DHT.

What is DHT's official website?

The official website for DHT is http://www.dhtankers.com/.

How can I contact DHT?

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.


MarketBeat Community Rating for DHT (NYSE DHT)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  457 (Vote Outperform)
Underperform Votes:  302 (Vote Underperform)
Total Votes:  759
MarketBeat's community ratings are surveys of what our community members think about DHT and other stocks. Vote "Outperform" if you believe DHT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DHT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/22/2019 by MarketBeat.com Staff

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