NYSE:DHT DHT Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $5.64 -0.07 (-1.23 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$5.61Now: $5.64▼$5.7250-Day Range$5.08MA: $5.68▼$6.2552-Week Range$4.77Now: $5.64▼$8.83Volume1.89 million shsAverage Volume4.46 million shsMarket Capitalization$831.45 millionP/E Ratio3.42Dividend Yield33.63%Beta-0.21 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingDHT has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.48, DHT has a forecasted upside of 32.8% from its current price of $5.63.Amount of Analyst CoverageDHT has only been the subject of 1 research reports in the past 90 days. Previous Next 3.1 Community Rank Outperform VotesDHT has received 535 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDHT has received 328 “underperform” votes. (Add your “underperform” vote.)Community SentimentDHT has received 61.99% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipDHT is a leading dividend payer. It pays a dividend yield of 33.57%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDHT has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of DHT is 336.84%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, DHT will have a dividend payout ratio of 182.86% in the coming year. This indicates that DHT may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DHT insiders have not sold or bought any company stock.Percentage Held by Institutions56.98% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for DHT are expected to decrease by -48.53% in the coming year, from $2.04 to $1.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DHT is 3.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.96.Price to Earnings Ratio vs. SectorThe P/E ratio of DHT is 3.41, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 19.35.Price to Book Value per Share RatioDHT has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 3.1Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.19 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:DHT Previous Symbol CUSIPN/A CIK1331284 Webwww.dhtankers.com Phone1-441-299-4912Debt Debt-to-Equity Ratio0.62 Current Ratio2.40 Quick Ratio2.22Price-To-Earnings Trailing P/E Ratio3.42 Forward P/E Ratio2.76 P/E GrowthN/A Sales & Book Value Annual Sales$535.07 million Price / Sales1.55 Cash Flow$1.32 per share Price / Cash Flow4.26 Book Value$6.35 per share Price / Book0.89Profitability EPS (Most Recent Fiscal Year)$0.57 Net Income$73.68 million Net Margins36.38% Return on Equity28.92% Return on Assets15.01%Miscellaneous Employees17 Outstanding Shares147,421,000Market Cap$831.45 million Next Earnings Date10/28/2020 (Estimated) OptionableOptionable $5.64 -0.07 (-1.23 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive DHT 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. DHT (NYSE:DHT) Frequently Asked Questions How has DHT's stock price been impacted by COVID-19 (Coronavirus)? DHT's stock was trading at $6.05 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DHT shares have decreased by 6.8% and is now trading at $5.64. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of DHT? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DHT in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for DHT. When is DHT's next earnings date? DHT is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020. View our earnings forecast for DHT. How were DHT's earnings last quarter? DHT Holdings Inc (NYSE:DHT) posted its quarterly earnings data on Monday, August, 10th. The shipping company reported $0.81 EPS for the quarter, missing the Zacks' consensus estimate of $0.84 by $0.03. The shipping company had revenue of $202.70 million for the quarter, compared to analysts' expectations of $199.23 million. DHT had a return on equity of 28.92% and a net margin of 36.38%. DHT's revenue was up 231.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.07) EPS. View DHT's earnings history. How often does DHT pay dividends? What is the dividend yield for DHT? DHT announced a quarterly dividend on Wednesday, August 12th. Investors of record on Wednesday, August 26th will be paid a dividend of $0.48 per share on Wednesday, September 2nd. This represents a $1.92 dividend on an annualized basis and a yield of 34.04%. The ex-dividend date is Tuesday, August 25th. This is an increase from DHT's previous quarterly dividend of $0.35. View DHT's dividend history. What guidance has DHT issued on next quarter's earnings? DHT updated its third quarter 2020 After-Hours earnings guidance on Monday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $92.7-92.7 million, compared to the consensus revenue estimate of $112.94 million. What price target have analysts set for DHT? 5 brokers have issued 1-year price objectives for DHT's shares. Their forecasts range from $5.00 to $12.00. On average, they anticipate DHT's share price to reach $7.48 in the next twelve months. This suggests a possible upside of 32.5% from the stock's current price. View analysts' price targets for DHT. Are investors shorting DHT? DHT saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 9,340,000 shares, a decrease of 19.8% from the August 15th total of 11,640,000 shares. Based on an average trading volume of 3,100,000 shares, the short-interest ratio is presently 3.0 days. View DHT's Short Interest. Who are some of DHT's key competitors? Some companies that are related to DHT include Euronav (EURN), SEASPAN CORP/SH SH (SSW), Atlas (ATCO), Frontline (FRO), Ship Finance International (SFL), Scorpio Tankers (STNG), COSTAMARE INC/SH (CMRE), Star Bulk Carriers (SBLK), PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), Torm (TRMD), Navigator (NVGS), DryShips (DRYS), Dorian LPG (LPG) and Genco Shipping & Trading (GNK). View all competitors. 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 R.E.I.T. (PEI), CBL & Associates Properties (CBL), Gran Tierra Energy (GTE), New Residential Investment (NRZ), EnLink Midstream (ENLC), Cannabics Pharmaceuticals (CNBX), Matinas BioPharma (MTNB) and OrganiGram (OGI). Who are DHT's key executives? DHT's management team includes the following 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 & OperationsMr. Svenn Magne Edvardsen, Technical Director (Age 49) 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 shareholders include Man Group plc (2.46%), Hosking Partners LLP (2.36%), Coatue Management LLC (1.20%), TCW Group Inc. (1.15%), Goldman Sachs Group Inc. (0.70%) and Bridgeway Capital Management Inc. (0.63%). Which major investors are selling DHT stock? DHT stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Goldman Sachs Group Inc., UBS Group AG, Hosking Partners LLP, Nuveen Asset Management LLC, Trexquant Investment LP, Bank of New York Mellon Corp, and ClariVest Asset Management LLC. Which major investors are buying DHT stock? DHT stock was purchased by a variety of institutional investors in the last quarter, including Man Group plc, Coatue Management LLC, TCW Group Inc., LSV Asset Management, Globeflex Capital L P, Congress Asset Management Co. MA, Evolution Wealth Advisors LLC, and Menlo Advisors LLC. 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 $5.64. How big of a company is DHT? DHT has a market capitalization of $831.45 million and generates $535.07 million in revenue each year. The shipping company earns $73.68 million in net income (profit) each year or $0.57 on an earnings per share basis. DHT employs 17 workers across the globe. What is DHT's official website? The official website for DHT is 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 or via email at [email protected] This page was last updated on 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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